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Overview of the global telepresence robots market

Market research analysts at Technavio have predicted that the global telepresence robots market will register a CAGR of close to 38% by 2021. This market research analysis identifies the rising need for virtual meetings as one of the primary growth factors for this market. Several businesses are finding ways to bring flexibility into instant virtual meetings to overcome geographical constraints. For instance, in the healthcare sector, highly specialized or critical operations demand frequent consultations with several experts and surgeons across the world within a limited time. Although the physician's physical presence in these cases is not feasible, the virtual presence of the experts can be made possible through telepresence robots.

The growing demand for telepresence robots with lateral stability control and power drive is one of the latest trends that will gain traction in the telepresence robots market in the coming years. Businesses are looking for lateral stability control in telepresence robots to improve the shock absorption mechanism. The modern telepresence robots are built in the base to allow lateral stability while traversing regular obstacles within business premises. Additionally, the advanced telepresence robots are now incorporating a power drive to increase the movement speed.

Competitive landscape and key vendors

The telepresence robots market is highly concentrated with the presence of several vendors. These players avail the first mover advantage and hold an appreciable amount of the market share. The vendors are spending more on research and development (R&D) activities to bring innovative solutions for diversified industries.

The leading vendors in the market are -

• Anybots
• Double Robotics
• Mantaro
• Revolve Robotics
• Vecna

The other prominent vendors in the market include Awabot, Inbot Technology, iRobot, and Suitable Technologies.

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Segmentation by product and analysis of the telepresence robots market

• Mobile telepresence robots
• Stationary telepresence robots

During 2016, the mobile telepresence robots segment accounted for the major shares of this market. Due to their mobility feature, these robots provide a more interactive communication platform between people from different locations and meet all the emerging modern-day business requirements.

Geographical segmentation and analysis of the telepresence robots market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. Business enterprises across the Americas are rapidly employing telepresence robots to enhance the experience in international business meetings and panel discussions from remote locations.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global telepresence robots market?
• What are the key market trends impacting the growth of the global telepresence robots market?
• What are the challenges to market growth?
• Who are the key vendors in the global telepresence robots market?
• What are the market opportunities and threats faced by the vendors in the global telepresence robots market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global telepresence robots market?

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