Industry Background:
Telepresence robots refer to a device that helps in the virtual presence of a human at work. These are autonomous and remotely monitored with a smartphone or monitored desktop stands to offer smooth communication between people at a remote location. Telepresence robots use high-speed internet for multimedia application. The rise in demand for the teleconference, proliferating demand for consumers, remote management of workforce and personal telepresence robots in various sectors such as education, healthcare, retail and hospitality sector are propelling the market for telepresence robots.This growth is primarily driven by Growth in Demand from Healthcare Industry and Enhanced Operational Efficiency in Enterprises Due to the Virtual Meeting.
Globally, a noticeable market trend is evident Rapid Technological Advancements in Artificial Intelligence and Robotics. Major Players, such as Double Robotics (United States), VGo Communications (United Kingdom), Inbot Technology (China), Suitable Technologies (United States), InTouch Technologies (United States), Mantaro Networks (United States), Qihan Technology (China), Camanio Care (Sweden), Ava Robotics (United States), Wicron (Russia), Anybots (United States), AXYN Robotique (France), Rbot (Russia) and OhmniLabs (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
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.
Market Drivers
- Growth in Demand from Healthcare Industry
- Enhanced Operational Efficiency in Enterprises Due to the Virtual Meeting
Market Trend
- Rapid Technological Advancements in Artificial Intelligence and Robotics
Restraints
- High Cost Associated With Telepresence Robots
- Complexity in Technical Field Leading To Operational Failure
Opportunities
Growing Adoption in Residential Sectors and Potential Growth in Emerging Countries
Challenges
Lack of Secure Communication and Common Protocols
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Telepresence Robots Study Sheds Light on
The Telepresence Robots Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Telepresence Robots industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Telepresence Robots industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.