The "Personal Artificial Intelligence and Robotics Market by AI and Robot Type, Components, Devices and Solutions 2023 - 2028" report has been added to ResearchAndMarkets.com's offering.

This report evaluates the market for personalized robots, bot software, and systems. The report also assesses the impact of AI and evaluates the market for AI-enhanced robots and robotic systems for the consumer market. It includes analysis and forecasts for personalized AI and robotics from 2023 through 2028.

Select Report Findings:

• The APAC region will lead the personal AI and robotics market through 2028
• Solutions involving personal AI in South Korea will reach nearly $1.5 billion by 2028
• The global market for personalized robot components will reach $18.7 billion by 2028
• Leading solutions for personalized AI and robotics are safety, information, and entertainment
• The United States is poised for rapid growth as carebots become a viable option for elder care

There is an emerging service robot market that has very different dynamics than traditional industrial robotics. Service robots are very personal and include both physical robots as well as logical (e.g. software) bots that act on behalf of their owners, managers, and/or controllers.

Service robots will ultimately evolve beyond purpose-built machines to become more general-purpose tools for supporting human safety and lifestyle needs.

While Asia is the predominant market today, we see the United States as a high growth market as the USA has grossly underinvested in the personal healthcare infrastructure market. Largely depending upon informal family support, personalized care represents an industry that is sustained by poorly paid workers - largely immigrants and women of color.

This is poised to change with carebots, programmed to oversee the care for the elderly and/or those with healthcare issues that require constant attention.

We see substantial overall industry growth across a wide range of robot types that engage in diverse tasks such as home cleaning, personalized healthcare service, home security, autonomous cars, robotic entertainment and toys, carebots services, managing daily schedules, and many more assistive tasks.

Furthermore, we see a few key factors such as the aging population, personalization services trends, and robot mobility will drive growth in this industry segment.

In addition, developments in artificial intelligence and cognitive computing support the inclusion of these technologies with virtually every type of robot including general-purpose bots that act on behalf of their owner.

The combination of AI and IoT (AIoT) will further support market development, leading to semi-autonomous markets that interact with humans directly as well as other machines, and assets through interconnected systems.

Companies Mentioned

• 24me
• 5 Elements Robotics
• Aido
• AIVC
• Alfred
• Amazon.com, Inc
• Apple Inc.
• Artificial Solutions
• AsusTek Computer Inc.
• AV1
• Baidu
• Branto
• Buddy
• Charlie
• Clara Labs
• Cubic
• Dongbu Group
• EasilyDo
• Ecovacs Robotics, Inc.
• EVA
• Evi
• F&P Robotics AG
• Facebook
• Future Robot
• Geckosystems Intl. Corp.
• Google
• Hasbro, Inc.
• Hoaloha Robotics
• Home Security and Surveillance
• Honda Motor Co. Ltd.
• Hound
• Indigo
• Intel Corporation
• iRobot Corporation
• Jibo
• Lego Education
• Lely Group
• Microsoft Corporation
• MJI Robotics
• motion.ai
• Mycroft
• Neato Robotics, Inc.
• NTT DoCoMo
• NVidia
• PARO, Advanced interactive Robot
• Parrot SA
• RealDoll
• ROBEAR
• Robotbase
• Rokid
• Samsung Electronics Co Ltd.
• Segway Inc.
• Sharp Corporation
• SK Telecom Co, Ltd.
• Softbank Robotics
• Sony Corporation
• SparkCognition
• Speaktoit Inc.
• Tesla Motors
• Toyota Motor Corporation
• True Companion
• Ubi
• Vinclu Gatebox
• Vortex, a Programmable Robot
• Wheel-powered Robot
• WowWee Group Limited
• Wunderlist
• x.ai
• ZMP INC.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Cloud Robotics to Drive Democratization and Expanded Usage

4 Personal AI and Robotics Market, Application, and Ecosystem Impact

5 Personal AI and Robotics Market Drivers and Challenges

6 Personal AI and Robot Market Outlook and Forecasts 2023 - 2028

7 AI and Robotics Company Analysis

8 Personal AI and Robot Use Cases

9 Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/7aoq77

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View source version on businesswire.com: https://www.businesswire.com/news/home/20230206005350/en/