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Artificial Intelligence (AI) Robots

The growth of the AI robots market is driven by factors such as the high adoption of robots for personal use such as companionship and entertainment.

Software is expected to hold the largest share of the AI robots market in 2018 owing to the advancements in AI software and related software development kits.

Various AI technologies are being adopted in several robotics applications to achieve complete automatization. However, computer vision plays a vital role in robots as they cannot understand human hand signals or any other gesture without this technology. Due to this, the AI robots market for computer vision is expected to grow at a high rate during the forecast period.

Among the 4 regions considered (North America, Europe, APAC, and RoW) in report, APAC is expected to hold the largest share of the AI robots market. The market is expected to grow from USD 3.49 Billion in 2018 to USD 12.36 Billion by 2023, at a CAGR of 28.78%.

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Pradeep

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