Telepresence Robots Will Become Commonplace by 2020

Today, telepresence robots are priced for purchase or rent anywhere between 5,000 to 200,000, Chun says. While his research suggests the telepresence market is valued at 4 billion, he estimates that it's actually about half when factoring in conservative assumptions. Still, there is a lot of promise in the near future. Chun recorded 20 telepresence robot patents in 2014, and projected 36 patents for 2015. Additionally, the United States remains the dominant market, but Chun is seeing expansion in countries in Asia and the Middle East.