The social robots market is expected to grow at a compound annual growth rate of 12.68% over the analyzed period to reach a market size of US$912.488 million in 2026 from US$395.577 million in 2019. The medical care and household sectors are projected to hold a huge portion of the market during the forecasted period. In the medical services area, social robots are utilized for nursing purposes. The ascent in robotization will add to the market development.
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