Artificial Intelligence Robots Market Is Expected to Grasp the CAGR of 20.88% by 2029

 

Market Analysis and Insights of Artificial Intelligence Robots Market

Surge in the rate of adoption of advanced technologies such as artificial intelligence especially in the developing economies, growth and expansion of various end user verticals and rising adoption of industrial robots by small and medium scale enterprises are the major factors attributable to the growth of the botnet detection market. Data Bridge Market Research analyses that the artificial intelligence robots market will exhibit a CAGR of 20.88% for the forecast period of 2022-2029.  

Artificial intelligence is a technology that replicates the intelligent behaviour and learns and performs activities or operations on its own. Therefore, robots installed with artificial intelligence technology help in assisting in many forms of industrial and daily jobs, thereby reducing the need for human interference. 

Rising adoption of artificial intelligence robots for personal use and increasing government support to develop modern technologies will emerge as the major market growth driving factors. Surging focus on reducing the human errors in the industrial operations, growing commercialization of industrial robots, rising digitization in various industries such as banking, financial services and insurance (BFSI) and strengthening IT industry in developing economies such as India and China will further aggravate the growth of the market. Rising deployment of 5G infrastructure and the rising demand for intelligent virtual assistants are some other factors bolstering the growth of the market.

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Global Artificial Intelligence Robots Market Scope and Market Size

The artificial intelligence robots market is segmented on the basis of robot types, offering, technology and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.

Global Artificial Intelligence Robots Market, By Robot Types (Services and Industrial), Offering (Hardware and Software), Technology (Machine Learning, Computer Vision, Context Awareness and Natural Language Processing), Vertical (Military and Defense, Law Enforcement, Personal Assistance and Caregiving, Public Relations, Education and Entertainment, Research and Space Exploration, Industrial, Agriculture, Healthcare Assistance, Stock Management and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029

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Competitive Landscape and Artificial Intelligence Robots Market Share Analysis

The artificial intelligence robots market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to artificial intelligence robots market.

Some of the major players operating in the botnet detection market ABB, FANUC UK Ltd., YASKAWA ELECTRIC CORPORATION., KUKA AG, Universal Robots A/S, Robolink, Kawasaki Heavy Industries, Ltd., Krones AG, I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A., Sidel Group, Toshiba Corporation., Asic Robotics AG, Columbia/Okura LLC, Clearpath Robotics Inc., Fetch Robotics, Inc., OMRON Corporation, BA Systèmes SAS, KION GROUP AG, Midea Group and Bastian Solutions, Inc., among others.

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