DUBLIN–(BUSINESS WIRE)–The “Public Relation Robots Market by Product, End User, and Region 2023-2028” report has been added to ResearchAndMarkets.com’s offering.
The global public relation robots market size reached US$ 5.86 Billion in 2022. Looking forward, the market is set to reach US$ 10.29 Billion by 2028, exhibiting a growth rate (CAGR) of 9.30% during 2023-2028
The technological advancements, changing consumer preferences, and the need for more efficient and effective communication strategies, represent some of the key factors driving the market.
Public relation robots refer to machines designed to interact with people in a public setting and to communicate messages on behalf of an organization. These robots are programmed to engage with people in a natural, conversational way, using a combination of speech, gestures, and facial expressions to convey information and build relationships.
They help organizations improve their communication with the public, by providing a more engaging and interactive experience than traditional forms of communication. These robots can be used to promote products, services, or causes and can be deployed in a wide range of settings, such as trade shows, museums, airports, and shopping malls.
Public relation robots can provide a consistent and reliable message without the variability that comes with human communication. They can also operate 24/7, without the need for breaks or rest. In recent years, public relation robots have gained traction as they can transform how organizations communicate with the public and create new engagement and relationship-building opportunities.
Public Relation Robots Market Trends:
One of the primary factors driving the market is the changing consumer preferences. Currently, consumers are more tech-savvy and expect a higher level of engagement and personalization from the brands they interact with. Public relation robots provide an innovative way for organizations to connect with their audience and provide a personalized experience.
Additionally, the augmenting need for more efficient and effective communication strategies is also driving the market. Traditional communication channels, such as email, phone, and direct mail, are becoming less effective and organizations are looking for new ways to engage with their audience. As a result, there has been escalating demand for public relation robots as they provide a unique opportunity to deliver a message in an engaging and memorable way.
Other than this, the outbreak of coronavirus disease (COVID-19) pandemic has also accelerated the adoption of public relation robots as a contactless and safe way of engaging with the public. These robots help organizations maintain social distancing norms while providing an interactive experience to customers. Besides this, the growing trend of automation across industries, including healthcare, retail, hospitality, and entertainment, is expected to create a positive market outlook in the upcoming years.
North America was the largest market for public relation robots. Some of the factors driving the North America public relation robots market included growing demand for automation, increased adoption of AI and machine learning, and rising penetration of social media.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global public relation robots market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report.
Key Questions Answered in This Report:
- How has the global public relation robots market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global public relation robot market?
- What is the impact of each driver, restraint, and opportunity on the global public relation robots market?
- What are the key regional markets?
- Which countries represent the most attractive public relation robots market?
- What is the breakup of the market based on the product type?
- Which is the most attractive product type in the public relation robots market?
- What is the breakup of the market based on the end user?
- Which is the most attractive end user in the public relation robots market?
- What is the competitive structure of the global public relation robots market?
- Who are the key players/companies in the global public relation robots market?
Companies Mentioned
- Boston Dynamics (Hyundai Motor Company)
- Hajime Research Institute Ltd.
- Hanson Robotics Limited
- Honda Motor Co. Ltd.
- HYULIM Robot Co. Ltd.
- Kawada Robotics Corporation
- SoftBank Robotics Corp. (SoftBank Group Corp.)
Key Market Segmentation:
Product Insights: Telepresence public relation robots represented the largest segment.
- Telepresence public relation robots
- Humanoid public relation robots
- Others
End User Insights: Hotels and restaurants accounted for the largest market share.
- Hotels and restaurants
- Mobile guidance and information
- Media relation robots
- Others
Regional Insights:
North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
For more information about this report visit https://www.researchandmarkets.com/r/8nxuma
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