Global Social Robots Market Industry Outlook, Size, Growth Factors and Forecast 2030

Social Robots Market was estimated to be USD 4.25 Bn. in 2023. It is expected to reach USD 33.13 Bn. by 2030, registering a CAGR of 34.06% from 2024 to 2030. Social Robots Market Overview: Social robots are equipped with advanced technologies like artificial intelligence (AI) to interact with the information received through the camera and other sensors installed on the robot. It leverages advances in AI that enable the designers to help translate both neuroscientific and psychological insights into algorithms, thereby allowing them to recognize faces and emotions, voices, behavior, and interpret speech and responds appropriately to people's needs. Such features have led to a rise in the applications of social robots across various industries.