NEW YORK, Nov. 24, 2021 /PRNewswire/ -- The artificial intelligence robots market size is set to grow by USD 13.32 billion from 2021 to 2026, according to Technavio. However, growth momentum is likely to decelerate at a CAGR of 27.49%. Some of the vendors for the artificial intelligence robots market include ABB Ltd., Alphabet Inc., HANSON ROBOTICS Ltd., Intel Corp., International Business Machines Corp., KUKA AG, Microsoft Corp., NVIDIA Corp., SoftBank Robotics Group Corp., and Xilinx Inc.

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Artificial Intelligence Robots Market 2022-2026:Drivers & Challenges

The artificial intelligence robots market is fragmented, and the degree of fragmentation will decelerate during the forecast period. The factors such as the high adoption of private-use robots and support from Governments to develop modern technologies will offer immense growth opportunities.  However, the increasing budget for robots will hamper the market growth. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. 

Artificial Intelligence Robots Market 2022-2026: Scope

The report also covers the following areas:

• Artificial Intelligence Robots Market size
• Artificial Intelligence Robots Market trends
• Artificial Intelligence Robots Market industry analysis

Artificial Intelligence Robots Market 2022-2026: Segmentation

• Type
  • Service
  • Industrial
• Geography
  • APAC
  • Europe
  • North America
  • South America
  • MEA

Artificial Intelligence Robots Market 2022-2026: Key Regions & Revenue Generating Segment

44% of the market's growth will originate from APAC. China, Japan, and South Korea (Republic of Korea) are the key markets for artificial intelligence robots in APAC. The emergence of new tools for the analysis of big data will facilitate the artificial intelligence robots market growth in APAC over the forecast period.

The artificial intelligence robots market share growth by the service segment has been significant for revenue-generating. Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the artificial intelligence robots market size.

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Artificial Intelligence Robots Market 2022-2026: Key Highlights

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist artificial intelligence robots market growth during the next five years
• Estimation of the artificial intelligence robots market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the artificial intelligence robots market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of artificial intelligence robots market vendors

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SOURCE Technavio