IDC: The robot market can reach 131.6 billion yuan by 2020

According to CNET, a technology website, robotics is a hot product at the just-concluded International Consumer Electronics Show. However, it is mainly aimed at consumers, such as Kuri, a company launched by Bosch, and smart home devices using Amazon's Alexa voice assistant technology. Market research firm IDC believes that consumer robots are not as important as commercial and industrial robots in the long run. It predicts that the market size including robots, drones, and robot-related services will reach RMB 131.6 billion in 2020. IDC: The robot market can reach 131.6 billion yuan by 2020 In a statement released by LG at CES on Tuesday, local IDC research manager John Santagate said: "Technological advancement, increased use, and increasing acceptance have jointly promoted the robot market. Growth. Technological innovation has spawned robots that can perform a variety of tasks, which helps push robots into more industries.”

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