More Than 23,000 Robots To Be Deployed PYMNTS.com

Robots may keep Tesla's CEO up at night, but companies around the globe are interested in putting them to work, according to new research from Tractica. In a press release Tractica, the market intelligence firm, announced its forecast that more than 23,000 robots will be deployed for customer service applications from last year through 2022. During the forecast period, the robots will generate $451 million in revenue. Nearly half of all the customer service robots will be found in Asia Pacific, but there will also be growth in the U.S. and Europe. "Fewer than five years ago, hardly anyone had seen or heard of robots in public and commercial spaces, as most of the developments were restricted to research labs," says research analyst Manoj Sahi in the press release highlighting results of its latest research.