CTA 5302

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Consumer Robotics: Landscape and Opportunities

Best Price Guarantee Mar 1, 2021 English 17 Pages

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CTA 5302
Consumer robotics is a category with huge, if still fully unrealized, market potential. Building on a solid growth pattern, the COVID-19 pandemic has further accelerated consumer interest in and comfort with the services provided by consumer robots, specifically in the professional services, domestic/household tasks, and entertainment segments. This paper explores the state of consumer robotics technologies and analyzes the market potential, use cases, pandemic impact on consumer perception, and industry challenges for this technology category. Understanding the marketplace for consumer and consumer-facing robotics requires an understanding of its participants and their use case categories. In order to enjoy future growth and household penetration, the category must overcome challenges associated with security, safety, interoperability, functionality, and privacy. This paper offers considerations for consumer robotics companies tackling these challenges, so they can drive consumer adoption and category growth. This paper also recommends areas for future industry collaboration to help support category growth.
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