Telepresence Robotics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Telepresence Robotics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : October, 2020 | Technology & Media | PPT format

Report Digest


Global Telepresence Robotics Market: Snapshot

Numerous little to enormous organizations use telepresence and video conferencing frameworks for virtual gatherings with clients, representatives, or accomplices situated at far off areas. It empowers productive correspondence among people situated in various pieces of the world, without voyaging physically. In spite of the fact that telepresence and video conferencing are utilized conversely, the two advancements offer unmistakable capacities.

  • The objective of these advancements is to make an eye to eye condition or a reenacted meeting room, however each device utilizes to some degree diverse methodology for the goal.
  • Telepresence innovations offer a less complex rendition of the detailed usefulness that video conferencing innovation offers. Telepresence apparatuses likewise empower calls to be planned and executed by outsiders, in this way liberating members from the need to do it without anyone's help.
  • Video conferencing apparatuses give satisfactory usefulness at a lower cost, consequently organizations are progressively this innovation over higher performing telepresence instruments. This pattern is relied upon to proceed as video conferencing is developing as a reasonable and maintainable apparatus.
  • Individual video conferencing, video multipoint control unit (MCU), vivid telepresence, room-based video conferencing, and cloud video conferencing are a portion of the structure components of telepresence and video conferencing. The mechanical requirements of telepresence and video conferencing incorporate single-codec SD/HD, telepresence endpoints, multi-codec, and framework gear.
  • Along these lines, the telepresence robot is the following phase of development past stationary video conferencing, which exploits the current media transmission framework just as ongoing advances in robotics innovation.
  • The center empowering innovations for these robots additionally fuel the market development. Further, with no huge boundaries, the market is anticipated to develop in the up and coming years.

Global Telepresence Robotics Market: Overview

The demand within the global market for telepresence robotics has been rising on account of the supremacy of these robots over other conventional robotic systems. Telepresence robots are equipped with display screens and are connected to a smart device such as smartphone or desktop. These robots are also known as motorised desktop robots or autonomous mobile robots, and have gained traction from several industrial units. The two types of telepresence robots available in the market are stationary and types mobile robots, and both of these types are popular across multiple sectors. The domain of robotics has emerged as a panacea for several sectors and industries as it has helped in improving efficiency and incorporating innovation. Furthermore, the trust shown by industrial leaders in robotic technologies has put pressure on the manufacturers of robotic devices to maintain high quality standards. Telepresence robots can be monitored remotely, and this factor has played a key role in enhancing the growth prospects of the global market for telepresence robots. In view of the aforementioned points, it is safe to assert that the global telepresence robotics market would expand at a stellar rate in the years to come.

The global telepresence robotics market can be segmented on the basis of the following parameters: type, application, end-use industry, and region. All of these segments cumulatively define the growth dynamics of the global telepresence robotics market.

A report on the global telepresence robotics market is an evaluative account of the trends, opportunities, conditions, and restraints pertaining to the global telepresence robots market. The report follows a simple and elaborate approach to explain the various drivers of demand within the global market for telepresence robots. The market for telepresence robotics lies in a niche segment of the technology and media sector.

Global Telepresence Robotics Market: Trends and Opportunities

The demand within the global telepresence robotics market has been rising on account of advancements in the global business landscape. The need to conduct teleconferences to setup business meetings, sign deals, and make agreements has been a recurring trend in the business sector. Furthermore, telepresence robots can help in remotely managing the personnel or workforce within an organisation which has given an impetus to the growth of this market in recent times. The hospitality and tourism industry has emerged as a key consumer within the global market for telepresence robotics in recent times. This factor shall also play a pivotal role in the growth of the global telepresence robotics market over the forthcoming years.

Global Telepresence Robotics Market: Market Potential

The use of telepresence robots for guiding tours across cities and areas of visit is projected to offer commendable growth opportunities within the global market for telepresence robotics. Furthermore, telepresence robots also stand in for night watchmen and factory inspectors, and this factor is projected to aid the growth of the global market for telepresence robots. The use of telepresence robots in the healthcare sector is another key driver of demand within the global telepresence robotics market.

Global Telepresence Robotics Market: Regional Outlook

The demand within the telepresence robotics market in North America has been increasing at a skyrocketing pace in recent times. This trend owes to the use of telepresence robots to assist healthcare consultants across several healthcare centers in the US and Canada. Furthermore, the deployment of telepresence robots in the retail sector of the US has also aided regional growth.

Global Telepresence Robotics Market: Competitive Landscape

Some of the key vendors in the global telepresence robotics market are Double Robotics, Inc., InTouch Health, VGo Communications, Inc., and Anybots Inc. 

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?