Lewes, DE -- (SBWIRE) -- 07/07/2016 -- Report forecast the global telepresence robots market to grow at a CAGR of 53.62% during the period 2016-2020.

A telepresence robot is a computer-driven robot that consists of a video camera and screen to have a view of either side. It is a remote-controlled ambulatory device equipped with a display to enable video chat and conference. Its basic equipment includes a microphone, a video camera, and a wireless transmitter that enables the robot to communicate via an Internet connection. Using the latest artificial-intelligence software and sensors, telepresence robots can be empowered to walk independently in hallways and corridors without collisions, and even access staircases due to the presence of specialized sensors and artificial intelligence.

The report covers the present scenario and the growth prospects of the global telepresence robots market for 2016-2020.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, a key growth driver is the growing demand for virtual meetings. Organizations are constantly trying to expand their horizons and access clients, customers, and suppliers across remote destinations. It is important for a growing business to have a large communication network, especially when branches and divisions are being established worldwide. Virtual meetings via video conferencing have diminished distance barriers and established instant reliable face-to-face interaction using Internet connectivity. The demand for virtual communication has increased significantly on account of its efficiency, speed, and cost-effectiveness owing to increased business dealings, rapid expansion of industries, and flourishing economies.

Further, the report states that one challenge that could hamper market growth is the lack of reliable internet connections. The telepresence robotic system is dependent on a reliable Internet connection to deliver its services. A high quality and stable bandwidth of 2-3 Mbps per screen are necessary to maintain the image and audio clarity. Telepresence robotics is redundant in areas where the Internet is unavailable.

Global Telepresence Robots Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global telepresence robots market: Anybots, Double Robotics, Mantaro, and Revolve Robotics.

Other Prominent Vendors in the market are: Awabot, Inbot Technology, InTouch Health, Suitable Technologies, and Vecna Technologies.

Market driver
- Growing demand for virtual meeting
- For a full, detailed list, view our report

Market challenge
- Lack of availability of reliable Internet connection
- For a full, detailed list, view our report

Market trend
- Growing adoption of telepresence robots for telemedicine
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 57 pages and 21 Exhibit "Global Telepresence Robots Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Telepresence robot value chain, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-telepresence-robots-market-2016-2020

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