Global Shopping Assistance Robots Market 2018-2022

Below are some of the key findings from the shopping assistance robots market research report

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

Get a FREE sample now!

Global shopping assistance robots industry overview

Improved customer service is one of the primary growth factors for the shopping assistance robots market. These robots aid in responding to consumers and assist in merchandising and to value their opinion. Improving customer services at shopping centers has become extremely important to attain a competitive advantage, as the competition in the organized retail sector is high. Advances in interactive robots have allowed them to assist buyers in product selection based on their mood, gender, and age. The adoption of mobile and humanoid robotics platforms is expected to gain prominence shortly and this will bode well for the shopping assistance robots market. Researchers forecast the market to register a CAGR of over 43% during the forecast period.

The integration of technological advances in robots is expected to be one of the key trends driving the shopping assistance robots market growth. Vendors in the robotic shopping assistant market are offering advanced and innovative products to enhance flexibility and improve connectivity. Also, they focus on enhancing their integration with cloud, building automation, and IoT. Robot manufacturers are innovating and adding features such as voice recognition, integration with cloud and IoT, mobile application control, personalized display, auto charging, and billing. This trend is expected to continue, which will further drive the shopping assistance robots market.

Top shopping assistance robots companies covered in this market research report

The shopping assistance robots market is highly concentrated with companies focusing on leveraging advanced technologies to offer high-quality products. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this shopping assistance robots industry analysis report is designed to help clients to form effective business strategies and identify new growth opportunities.

The report offers a complete analysis of various companies including:

• ECOVACS
• Five Elements Robotics
• LG Electronics
• PAL Robotics
• SoftBank Group

Shopping assistance robots market segmentation based on geographic regions

• Americas
• APAC
• EMEA

The Americas will account for the largest revenue contribution throughout the forecast period. The region will continue to contribute to the fastest growth, owing to the presence of large retail chains requiring robotic solutions for assisting customers.

Shopping assistance robots market segmentation based on product

• Interactive robots
• Robotic shopping carts

The interactive robots segment will account for the highest shopping assistance robots market share during the forecast period as they help enhance customer experience and improve customer loyalty. Additionally, the report will also provide an accurate prediction of the contribution of the various products segments to the growth of the shopping assistance robots market size.

Key highlights of the global shopping assistance 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 shopping assistance robots market during the next five years
• Precise estimation of the global shopping assistance robots market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the shopping assistance robots industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of the shopping assistance robots companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch