Consumer robotics hardware revenues to reach $23bn per annum by 2022, as domestic aide robotics dominate

A new study from Juniper Research has found that domestic aide robotics will drive consumer robotics hardware revenues from an estimated $6.4 billion (€5.21 billion) in 2018 to nearly $23 billion (€18.74 billion) by 2022; an increase of over 250%.

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Robots to reside in more than 10% of US households by 2020, finds Juniper Research

New data from Juniper Research has forecast that over 1 in 10 American households will own a consumer robot by the end of the decade, up from under 1 in 25 this year. At this early stage in the market, shipments are expected to be dominated by so-called ‘task’ oriented robots assigned to take over

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