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Consumer Service Robotics - Tanzania

Tanzania
  • Revenue in the Consumer Service Robotics market is projected to reach US$6.68m in 2024.
  • Domestic service robotics dominates the market with a projected market volume of US$5.84m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 31.52%, resulting in a market volume of US$26.31m by 2029.
  • In global comparison, most revenue will be generated China (US$5.53bn in 2024).

Definition:

The Consumer Service Robotics market covers the market size of service robotics for consumer use, e.g., household and entertainment robots. Consumer robots are usually not big and relatively easy to use. Consumer robots include vacuum cleaners, robotic toys, and drones.

A robot is defined as a powered machine that is programmable on two or more axes and has some degree of autonomy; it moves within its environment to perform its programmed tasks.

Additional information:

The market comprises revenues, volume, average price per new installed robot. The market displays both B2B and B2C revenues, and the revenue is based on the country’s demand for robots. It is shown in manufacturer prices. Software revenues are included as service robots are mostly delivered with software solutions that have been implemented by the manufacturer.

Key players in the market include iRobot, Samsung, and Xiaomi.

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In-Scope

  • Domestic Service Robotics
  • Entertainment Service Robotics

Out-Of-Scope

  • Commercial Service Robotics
Service robotics: market data & analysis  - Cover

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Service robotics: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    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

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Most recent update: Mar 2024

    Source: Statista Company Insights

    Volume

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Price

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Consumer Service Robotics market in Tanzania has shown stagnant growth due to limited adoption of digital technologies, lack of health awareness among consumers, and a preference for traditional service providers. However, the Entertainment Service Robotics sub-market has seen some growth due to increasing demand for entertainment options. The Domestic Service Robotics sub-market has also seen moderate growth, driven by rising disposable incomes and a need for convenience. Overall, the Service Robotics Market in Tanzania is hindered by slow technological advancements and a lack of awareness among consumers.

    Customer preferences:
    Consumers in Tanzania are increasingly showing interest in service robots for household tasks, such as cleaning and cooking, as they seek to automate their daily chores and free up time for other activities. This trend is influenced by the growing middle-class population and the adoption of modern lifestyles. Additionally, the demand for service robots is also driven by the need for contactless and hygienic solutions, especially in the wake of the COVID-19 pandemic. This has led to a shift towards touchless technologies, such as voice and gesture recognition, in consumer service robots.

    Trends in the market:
    In Tanzania, the Consumer service robotics Market is experiencing a surge in demand for household and personal service robots, driven by the increasing need for convenience and efficiency in daily tasks. This trend is expected to continue as the country embraces technological advancements and a growing middle class. As a result, industry stakeholders are investing in research and development to improve the capabilities and affordability of these robots. Additionally, there is a rising interest in healthcare robots, particularly for elderly care, as the aging population increases. This presents opportunities for service robotics companies to expand their offerings and tap into this emerging market.

    Local special circumstances:
    In Tanzania, the Consumer service robotics Market of the Service robotics Market within the Robotics Market is still in its nascent stage, with limited adoption due to low awareness and affordability. However, the increasing investment in infrastructure development and government initiatives to promote technological advancements are expected to drive the market growth. Additionally, the country's large rural population and limited access to healthcare facilities create a demand for affordable and accessible healthcare solutions, making it a potential market for telehealth and digital health platforms. The unique cultural and regulatory landscape also plays a crucial role in shaping the market dynamics, with a focus on ethical and sustainable use of robotics technology in healthcare.

    Underlying macroeconomic factors:
    The growth of the Consumer service robotics market is also influenced by macroeconomic factors such as technological advancements, consumer demand for convenience, and government initiatives to promote automation in service industries. Countries with strong technological capabilities and supportive policies for robotics adoption are experiencing faster market growth compared to regions with limited technological infrastructure and regulatory challenges. Additionally, the increasing need for efficient and personalized services, coupled with the rising labor costs and shortage of skilled workers, is driving the demand for consumer service robotics in the global market.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    The data encompasses B2B and B2C revenues. Figures are based on the country’s demand for robotics in manufacturer prices.

    Modeling approach / Market size:

    Market sizes are determined through a regional bottom-up approach, and further detailed by a top-down rationale for each market segment. As a basis for evaluating markets, we use trade data of the respective economic sector. Furthermore, we use relevant key market indicators such as level of automation and digitization or the economy composition to estimate each country's specialization in demand and supply. This data helps us to estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques but primarly exponential smoothing. The selection of forecasting techniques is based on the behavior of the relevant market.

    Additional notes:

    The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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    Industrial robots worldwide - statistics & facts

    Despite the frightening, almost Terminator-esque, way the phrase “there are robots everywhere” might sound, the increased use of robotics has been a boon to both consumers and enterprises worldwide. The industrial robot market has seen steady growth across the globe and is expected to continue growing as automation becomes ever more vital to businesses. This stems largely from mechanical automation, reducing production costs and improving efficiency. This increased demand due to greater automation, especially in the United States and Europe, is likely to mean that the price increase per robot unit will remain modest.
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