Service Robotics Market to Witness Robust Growth by 2029

The Service Robotics Market is expected to grow from USD 53.21 billion in 2022 to USD 199.33 billion by 2029 at a CAGR of 20.8% during the forecast period.
Asia Pacific is expected to experience the highest growth rate during the forecast period. This growth can be attributed to the presence of major manufacturing countries in the region, such as South Korea, Singapore, Japan, and China.