Personal Robot Market Demand and Supply Analysis The global Personal Robot Market is predicted to reach USD 20.40 billion with a CAGR of 7.5% by 2030. The factors such as increase in number of crimes and violence, rise in aging population and growing demand for smart home system drives the market growth. However, the high cost of components, those of sensors integrated in the robots, inflates the price of personal robot. On the contrary, growing use of household robot for various household chores offers promising future opportunity to enhance automation demand. Moreover, the top players such as, Boston Dynamics, Ecovacs Robotics and others are taking initiatives including product launch and collaborations in order to enhance their market position and expand product offerings. These initiatives are expected to drive innovations and adoption in household robotics market, creating a secure and efficient digital ecosystem. Advancements in AI/ML are enabling smarter security system, and as the market matures, demand for humanoid robot is expected to grow steadily. Learn what’s trending: https://www.nextmsc.com/report/personal-robot-market