Future of Personal Robots—AI Advancements Drive the Use Case of Robots in Personal Environments, Forecast to 2025

Personal Robots—A 18.85-billion-dollar Opportunity by 2020

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Expanding use cases of autonomous solutions are expected to make future homes very smart. Evolution of Artificial Intelligence will entail the use of robotics across myriad functions that cater to various industries. The increasing number of start-up firms and M&A activity parallels the growth of emerging AI technology, such as machine learning applications, computer vision, gesture controls that are set to propel the market for home applications further. Currently machines/ robots comprise base level intelligence that requires human intervention from a stand point of assistance and supervision. With AI becoming more pervasive, robots of the future will be very intelligent with the ability to sense its surround

Key Issues Addressed

  • What is the significance and current status of personal robots?
  • What are the factors influencing adoption?
  • What are the key innovations?
  • What are the future prospects and growth opportunities?
  • What would the future of humans and robots look like in different scenarios?

Table of Contents

1. Executive Summary
Key Findings
Transformational Shift 1—The Case of Ageing Population
Transformational Shift 2—The Case of Job Automation
Transformational Shift 3—Increasing AI Investments
Transformational Shift 4—Increasing Funding and M&A Activities
Transformational Shift 5—Falling Price of Major Robotic Components
The Current Market Opportunity for Personal Robots
Expanding Applications of Robots in the Personal Space
Assistive Care—Social Adoption Curve of Robots for Elderly Care
Robots for Entertainment—Social Adoption Curve
Domestic Applications—Social Adoption Curve of Robots
Future Technologies Transforming Personal Robots
Why are Robots Gaining Prominence in both Personal and Service Applications?
2. Research Scope, Aims, Objectives, and Methodology
Research Scope
Research Aims and Objectives
Research Background
Classification of Robots for Personal & Service Applications
Personal Robots—Definition and Scope
Transformational Shift 1—The Case of Ageing Population
Aging Population—Future Aged Societies of 2025
The Case of Ageing Japan
The Case of Ageing—US
The Case of Ageing—Europe
Transformational Shift 2—The Case of Job Automation
Advances in AI driving Digital, Robotics, and Automation Trends at Work
Personal Digital Assistants to challenge Enterprise Complexity
Automation Coupled with AI Resulting in Robot’s Entry into Workforce
Transformational Shift 3—Increasing AI Investments
Challenges Hindering Robot Applications
Key AI Applications Bridging Some of the Major Technology Hurdles
Transformational Shift 4—Increasing Funding and M&A Activities
Transformational Shift 5—Falling Price of Major Robotic Components
3. The Personal Robot Market
The Current Market Opportunity for Personal Robots
Personal Robots Market by Applications
Robots in Major Non Personal Applications
4. Personal Robot Applications
Expanding Applications of Robots in the Personal Space
Assistive Care—Social Adoption Curve of Robots for Elderly Care
Need for Robots in Assistive Elderly Care
The Case of Accidental Falls Demanding 24/7 Supervision for the Elderly
Age-related/Chronic Illness in the Elderly, Requiring Intelligent Assistants
5. Robots for Entertainment—Education, Special Needs, Toys
Robots for Entertainment—Social Adoption Curve
Need for Robots in Home Education
Teacher Shortages and Robot Use in Nurseries, Schools
Robots for Special Needs—Autism
Economic Costs Linked to Autism in the United States
Potential Value Creation of Integrating Robots for Autistic Children
Robots as Toys
Avatar’s Entertainment robots
6. Domestic Robots
Domestic Applications—Social Adoption Curve of Robots
Growing Demand for Robots in Domestic Applications
Robots as Vacuum Cleaners
iRobot’s Roomba for Home Cleaning Tasks
Going Beyond Cleaning Bots—Personal Assistant Robots for Homes
7. Tectonic Shift in Robotic Applications
Robots in Hospitals—Transforming Healthcare Services
Robots in Healthcare—Doctorless Hospitals of the Future
Robots in Hotels—Creating New Guest Experience
Robots in Supermarkets—Transforming the In-store Experience
Self Driving Bots in Logistics—Disrupting Last-mile Deliveries
Future Trends in Robotic Technology
Future Technologies Transforming Personal Robots
8. Conclusion
Why are Robots Gaining Prominence in both Personal and Service Applications?
The Last Word
Legal Disclaimer
9. Appendix—Major Company Profiles
Jibo’s Social Robots
Softbank’s Humanid Robots
Savioke’s Relay Robots
Fetch Robot’s Autonomous solutions
iRobot’s Cleaning Robots
Avatar’s Entertainment Robots
Blue Frog Robotics’ Buddy Robots
List of Exhibits


List of Figures & Charts

1. Ageing Population by Region, Global, 2017–2050
2. Job Risks Arising from Automation by Major Countries, Global, 2017
3. Average Funding of AI Start-up Firms, Global, 2017
4. Patent Filed—Major AI Application Areas, Global, 2015–2017
5. Robotics Market: Private Funding, M&A Activity and IPOs, Global, 2015–2017
6. Falling Price of Personal Robots, Global, 2017–2025
7. Personal Robot Market: Unit Sales by Region, Global, 2015–2017
8. Personal Robot Application Areas, Global, 2017
9. Adoption of Robot Assistants for Elderly, Global, 2017–2030
10. Adoption of Robots for Entertainment, Global, 2017–2030
11. Adoption of Robots for Domestic Applications, Global, 2017–2030
12. Technologies Transforming Personal Robots, Global 2020–2040
13. Reasons for Delivery Bot Integration in Factory Setting, Global, 2017
14. Ageing Population by Region, Global, 2017–2050
15. Top 15 Aging/Aged Societies, Global, 2025
16. Ageing Population (65+), Japan, 2010–2025
17. Dependency Ratio, Global, 2017
18. Population by Age Group, Europe, 2015, 2020, and 2025
19. Job Risks arising from Automation by Major Countries, Global, 2017
20. Areas of AI Advancement, Global, 2017–2025
21. Robotics Market: Robot Density*, Global, 2017
22. Average Funding of AI Start-up Firms, Global, 2017
23. Patent Filed—Major AI Application Areas, Global, 2015–2017
24. Personal Robot Market: Industry Gaps, Global, 2017
25. Robotics Market: Major AI Applications in Autonomous Robots, Global, 2017
26. Robotics Market: Private Funding, M&A Activity and IPOs, Global, 2015–2017
27. Robotics Market: Falling Price of Personal Robots, Global, 2017–2025
28. Personal Robot Market: Unit Sales by Region, Global, 2015–2017
29. Personal Robot Market: Unit Sales by Application, Global, 2015, 2016, 2017 and 2020
30. Personal Robot Market: Revenue by Application, Global, 2015, 2016, 2017 and 2020
31. Robotics Market: Mobile Robots Units in Service Areas, Global, 2015, 2016, 2017 and 2020
32. Personal Robot Application Areas, Global, 2017
33. Adoption of Robot Assistants for Elderly, Global, 2017–2030
34. Estimates-Incidence Rates and Economic Impact of Personal Robots, Global, 2017
35. Adoption of Robots for Entertainment, Global, 2017–2030
36. Facts about Teaching Deficit, Global, 2030
37. Autism Spectrum Disorder Among Children by Major Country, Global, 2017
38. Economic Costs Linked to Autism, Global, 2017 and 2025
39. Yearly Cost for Autistic Children, Global, 2017
40. Cost of Robot Integration, Global, 2017
41. Adoption of Robots for Domestic Applications, Global, 2017–2030
42. Domestic Robot Applications, Global, 2017
43. Technologies Transforming Personal Robots, Global 2020–2040
44. Reasons for Delivery Bot Integration in Factory Setting, Global, 2017



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