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Telepresence Robots Market to Undergo Significant Growth in Next Five Years | TechSci Research

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Growing need for organizational efficiency and technological advancements in artificial intelligence are some major factors driving the growth of global telepresence robots market. According to TechSci Research report,  “Global  Telepresence Robots Market  By Component (Head v/s Body), By Type (Stationary v/s Mobile), By Application (Education, Healthcare, Enterprise, Homecare, Others), By Region, Forecast & Opportunities, 2025” , the market is anticipated to witness a significant CAGR during the forecast period owing to growing need for organizational efficiency and technological advancements in robotics and artificial intelligence. Moreover, increasing demand for telepresence robot from various sectors such as education, industrial, healthcare, personal, and manufacturing are also boosting the market growth. The outbreak of COID-19 has also positively influenced the growth of global telepresence robots market owing to increasing requirement from enterprises to deliv...

Telepresence Robots Market - Increasing Investments And New Product Launches By The Major Vendors Operating In The Market Is Further Expected To Create Lucrative Opportunities For Market Growth

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According to TechSci Research,  Global telepresence robots market is expected to grow at a significant rate during the forecast period. The global telepresence robots market is driven by the extensive use of these robots across various enterprises. These robots help the organizations in virtual meetings, organizing teleconferences and remote management of employees. Also, telepresence robots help business collaborate with each other without any need of travelling thereby saving the cost for the organization.  This in turn is expected to positively influence the market growth. Additionally, these robots provide flexibility and convenience to the users thereby propelling the market through 2027. Furthermore, increasing investments and new product launches by the major vendors operating in the market is further expected to create lucrative opportunities for market growth over the next few years. However, high cost of installation and maintenance can hamper the market growth thro...