Definition :
Artificial intelligence service robotics is a branch of robotics that focuses on developing robots with artificial intelligence (AI) capabilities to serve and assist humans. These robots are designed to interact and communicate with users, understand their needs, and perform tasks or provide information autonomously. By combining AI algorithms, natural language processing, computer vision, and other AI techniques, AI service robots can carry out tasks in the areas of customer support, personal assistance, healthcare monitoring, and home automation, which lead to improved convenience, efficiency, and quality of life for individuals.
Additional Information:
The market comprises two key performance indicators: market sizes and market sizes by industry. Market sizes are generated by the funding amount of Artificial Intelligence Service Robotics companies and market revenue data from the Statista robotics market. Key players of the market include companies such as SoftBank Robotics, iRobot, and Boston Dynamics.
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Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Mar 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Mar 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Mar 2024
Source: Statista Market Insights
The AI Service Robotics market in Japan has been experiencing rapid growth due to factors such as widespread adoption of AI technologies, increasing health consciousness among consumers, and the ease of online health services. This elevated growth rate is influenced by the country's advanced advancements in AI and robotics, as well as the rising demand for efficient and personalized healthcare solutions.
Customer preferences: As the aging population in Japan continues to grow, there is a rising demand for AI service robotics in the healthcare sector. This is driven by cultural preferences for personalized and non-intrusive care, as well as a shortage of human healthcare workers. Additionally, with the increasing use of technology in daily life, consumers are more open to integrating AI service robots into their homes for tasks such as cleaning and companionship. This trend is expected to further accelerate in the coming years, presenting lucrative opportunities for the AI service robotics market.
Trends in the market: In Japan, the AI Service Robotics Market is experiencing a surge in demand due to the aging population and a shortage of healthcare workers. This has led to the development of AI-powered robots that can assist with tasks such as medical checkups, medication reminders, and companionship for the elderly. Additionally, there is a growing trend of using AI robots in the hospitality industry, with hotels and restaurants using them for tasks like customer service and cleaning. As this trend continues to grow, it has significant implications for industry stakeholders, including increased efficiency, cost savings, and potential job displacement. It also presents opportunities for collaboration between technology companies and traditional service industries.
Local special circumstances: In Japan, the AI Service Robotics Market is heavily influenced by the country's aging population and the increasing demand for healthcare solutions. The government has implemented policies to promote the use of AI in elderly care, leading to a surge in the adoption of AI service robots. Additionally, Japan's strong robotics industry and culture of technological advancement have created a favorable environment for the growth of the AI Service Robotics Market.
Underlying macroeconomic factors: The growth of the AI Service Robotics Market is heavily influenced by macroeconomic factors such as technological advancements, government support, and investment in research and development. Countries with favorable policies and strong investment in AI technology are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Additionally, the increasing demand for automation and the adoption of AI in various industries are driving the growth of the AI Service Robotics Market.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Mar 2024
Source: Statista Market Insights
Data coverage: The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the funding values from different industries for the market.
Modeling approach / Market size:Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use annual financial reports, funding data, and third-party data. In addition, we use relevant key market indicators and data from country-specific associations such as GDP, number of internet users, number of secure internet servers, and internet penetration. This data helps us estimate the market size for each country individually.
Forecasts:In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited to forecast digital products and services due to the non-linear growth of technology adoption. The main drivers are the level of digitalization, the number of secure internet servers, and the revenue of the Public Cloud market.
Additional Notes: The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russian-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the market is updated on an ad-hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Data from the Statista Consumer Insights Global survey is weighted for representativeness.
Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights