The artificial intelligence robots market size is set to grow by USD 13.32 billion from 2021 to 2026, according to Technavio. However, growth momentum is likely to decelerate at a CAGR of 27.49%. Some of the vendors for the artificial intelligence robots market include ABB Ltd., Alphabet Inc., HANSON ROBOTICS Ltd., Intel Corp., International Business Machines Corp., KUKA AG, Microsoft Corp., NVIDIA Corp., SoftBank Robotics Group Corp., and Xilinx Inc. The artificial intelligence robots market is fragmented, and the degree of fragmentation will decelerate during the forecast period. The factors such as the high adoption of private-use robots and support from Governments to develop modern technologies will offer immense growth opportunities.

Aug 21, 2018 (Heraldkeeper via COMTEX) -- New York, August 22, 2018: Artificial intelligence (AI) Robots is arguably the foremost exciting field in artificial intelligence. It's definitely the foremost controversial: everyone agrees that a mechanism will add a production line, however there is not any consensus on whether a robot will ever be intelligent. Factors like the growing adoption of customer-centric marketing methods, increased use of social media for advertising, and increase in demand for virtual assistants are conducive to the expansion of the AI in promoting market. The Artificial Intelligence (AI) Robots Market is expected to exceed more than US$ 12 Billion by 2024 at a CAGR of 29% in the given forecast period. The Artificial Intelligence (AI) Robots Market is segmented on the lines of its application, offering, robot type and regional.