The article cited AMA's "Global Telepresence Robots Market Study" explored CAGR of %. According to the report, Rapid Technological Advancements in Artificial Intelligence and Robotics is one of the primary growth factors for the market. Growth in Demand from Healthcare Industry
is also expected to contribute significantly to the Telepresence Robots market. Overall, Healthcare
applications of Telepresence Robots, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Component, such as Head {Camera, is boosting the Telepresence Robots market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Telepresence Robots market identified that the demand is rising in many different parts of the world as "Growing Adoption in Residential Sectors
". Furthermore, some recent industry insights like "In January 2019, OhmniLabs launched its latest telepresence robot, Ohmni Supercam. The telepresence robot features the highest resolution camera available in a telepresence robot, giving users the ability to see content on whiteboards and printed documents more clearly than other systems. Additionally, In January 2018, Suitable Technologies, a creator of the industry-leading Beam family of telepresence robots, introduced BeamPro 2. The robot offered advanced features that enhanced communication within organizations." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Telepresence Robots market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Telepresence Robots market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Telepresence Robots market size is calculated using market estimation process, the Telepresence Robots market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Telepresence Robots market size has been validated using both top-down and bottom-up approaches.