The global market for commercial service robotics is expected to reach some 44 billion U.S. dollars by 2021, an increase of roughly 20 percent year-on-year. Advancements in technology and growing trust in the industry is what is driving the growth of this relatively young market. Commercial service robotics applies to retail, logistics, and healthcare. Software, services, and the robots themselves are include in these figures.
Projected spending on commercial service robotics worldwide between 2020 and 2022
(in billion U.S. dollars)
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Robotics Business Review. (February 1, 2019). Projected spending on commercial service robotics worldwide between 2020 and 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 15, 2024, from https://www.statista.com/statistics/1044560/commercial-service-robotics-global-revenue/
Robotics Business Review. "Projected spending on commercial service robotics worldwide between 2020 and 2022 (in billion U.S. dollars)." Chart. February 1, 2019. Statista. Accessed November 15, 2024. https://www.statista.com/statistics/1044560/commercial-service-robotics-global-revenue/
Robotics Business Review. (2019). Projected spending on commercial service robotics worldwide between 2020 and 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 15, 2024. https://www.statista.com/statistics/1044560/commercial-service-robotics-global-revenue/
Robotics Business Review. "Projected Spending on Commercial Service Robotics Worldwide between 2020 and 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Feb 2019, https://www.statista.com/statistics/1044560/commercial-service-robotics-global-revenue/
Robotics Business Review, Projected spending on commercial service robotics worldwide between 2020 and 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1044560/commercial-service-robotics-global-revenue/ (last visited November 15, 2024)
Projected spending on commercial service robotics worldwide between 2020 and 2022 (in billion U.S. dollars) [Graph], Robotics Business Review, February 1, 2019. [Online]. Available: https://www.statista.com/statistics/1044560/commercial-service-robotics-global-revenue/
