Global Multimedia Robots Market 2018-2022

Global Multimedia Robots Industry Overview

Several end-users such as tech-savvy individuals and private companies are spending on multimedia projectors or interactive toy robots for customer-engagement activities. The extensive usage of robots in public mass-gathering locations and shopping complexes to attract customers is increasing across countries. In addition, the need for convenience in utilitarian operations has been increasing due to disturbed work-life balance and rising stress levels of working class. This prompted the increase in adoption of multimedia robots by many companies. Thus, the need for convenience across the globe has driven the growth for the multimedia robots market.

“The need for convenience in utilitarian operations has been increasing due to decline in the nuclear family, rise in number of working women, growing desire to maximize leisure time, and time-saving tendencies. This, in turn, has increased the adoption of multimedia robots and prompted several manufacturers to introduce many innovations in the capabilities of multimedia robots to attract the customers,”, says a senior research analyst at Technavio for the robotics industry.

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Companies covered

The multimedia robots market is concentrated and with time it will become fragmented with the presence of several growth opportunities. The market is currently in its innovation stage. This multimedia robots industry analysis report will aid clients identify new growth opportunities and design new growth strategies.  

The report offers a complete analysis of multimedia robots manufacturers including:

• Blue Frog Robotics
• Jibo
• Keecker
• Mayfield Robotics
• SoftBank Robotics
• Sony

Multimedia robots market growth based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the APAC will contribute to the maximum growth of this multimedia robots market throughout the predicted period. Owing to the high adoption of multimedia robots, the region is a major driver for the growth of the multimedia robots market.

Multimedia robots market growth based on product

• Interactive toy robots
• Multimedia projectors

According to our market research experts, the interactive toy robots will account for the maximum growth and share of the market. It is expected that this segment will continue its domination throughout the forecast period. Increasing spending power of consumers and need for convenience in developed countries prompted the demand for interactive toy robots in the multimedia robots market.

Key highlights of the global multimedia robots market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the multimedia robots market during the next five years
• Precise estimation of the global multimedia robots market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the multimedia robots industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of multimedia robots manufacturers

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global multimedia robots market and its stakeholders over the forecast years.

Technavio’s analysts have considered how the performance of other related markets in the vertical will impact multimedia robots market size till 2022. Some of the markets most likely to influence the growth of the multimedia robots market over the coming years are the collaborative robots market and the autonomous mobile robots market.

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