The service robotics market is rapidly evolving, with robots finding applications in both consumer and professional sectors. It shows a substantial market potential, spanning from litter robot customer service and food service robots to telepresence and surgical robots. The number of active customer service robots is projected to reach 264.3 million by 2026, exhibiting a remarkable CAGR of 24 percent between 2016 and 2026 according to Berg Insight.
The service robotics industry is being driven by significant government and industry funding programs, venture capital investments, and increased Merges & Acquisitions activity, with startups playing a pivotal role in innovation. Among 23,000 1NCE customers, we can definitely observe a steady demand and growth within Service Robotics.