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Insights on the Social Robots Global Market to 2026

Dublin, June 22, 2021 (GLOBE NEWSWIRE) — The “Social Robots Market – Forecasts from 2021 to 2026” report has been added to ResearchAndMarkets.com’s offering.

The social robots market is expected to grow at a compound annual growth rate of 12.68% over the analyzed period to reach a market size of US$912.488 million in 2026 from US$395.577 million in 2019. Social Robots are companion robots. These robots help in lifting, companionship, and simulation of emotions in human beings. In addition, these robots assist in everyday life, by performing various activities. Sony was the first company that introduced social robots in 1999. AIBO is a social robot pet dog that responds to its owner’s voice and action. This robot has significant market standing even 20 years later of its first launch. The software of AIBO was last updated in April 2021, to accommodate new features such as app…

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