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Service Robotics Market SWOT Analysis, Innovations, Emerging Trends, Key Players, Future Scope | Forecast 2028
Service Robotics Market is expected to witness market growth at a rate of 34.55% in the forecast period of 2021 to 2028 15
Service robots are the robots intended to assist humans and complete useful tasks, eliminating the industrial and manufacturing automation applications.
Factors such as the increasing acceptance for robots for the new applications offering high returns on the investment, the increasing utilization of IoT in the robots for cost-efficient analytical maintenance and the growing investment for research on the robots is expected to further boost the growth of the service robotics market.