Despite Considerable Investment, The Personal Robot Market is Struggling

3Q 2018 | IN-5209
Robotics is one of the fastest growing industries on the planet. No vertical is being left untouched by the deployment of unmanned systems that utilize the benefits of improved Artificial Intelligence (AI), proliferating sensors, and ubiquitous connectivity. Yet at least one part of the market is not reaping the benefits. The personal robot market is beset both by the failures of some significant startups, and by more significant questions about the value proposition of social robots in a world where Amazon and Google dominate the smart home, and numerous studies suggest many people are ambivalent or even hostile to them.

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