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Technavio’s market research analyst predicts the global public relation robots market to grow at a high CAGR of more than 26% by 2020. One of the primary drivers for this market is the rising need to improve productivity and efficiency in the hospitality sector. Public relation robots are adaptable and competent in several applications, such as delivery of goods, monitoring, supervision, and guiding to the guest. They are more productive than humans as they do not include features like absentia, overtime, sickness, fatigue. Also, the working hours of a robot can be stretched beyond conventional hours to meet deadlines.
An interesting trend gaining traction in this market is advanced applications of artificial intelligence (AI). The growing implementation of humanoids has compelled the robotics companies to integrate advanced AI in robots to make them more familiar while interacting with humans. For instance, Pepper is one of the most human-like robots in the world which can interact with humans and read emotions. AI helps robots to understand the language, read faces, understand emotions, and even imitate human emotions. To fulfil the tasks of assisted living, several companies are using AI technology to develop such humanoids.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Value chain analysis
PART 07: End-user segmentation
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key takeaways
PART 16: Appendix
PART 17: Explore Technavio
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