Educational Robots Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)
The Educational Robot Market anticipates a 16% Compound Annual Growth Rate (CAGR) in the upcoming forecast period. The integration of robotics into educational settings is rapidly expanding, with many schools experimenting with teaching robots to impart knowledge to students. These robots play a significant role in delivering STEM (Science, Technology, Engineering, and Mathematics) lessons, a crucial component of the educational curriculum.
They serve a vital purpose for homeschooled children or in areas facing a shortage of human educators. For instance, in South Korea, Robosem teaches English in regions with a scarcity of certified English teachers. Similarly, Keeko, a robot in China, engages students through storytelling, logical questioning, and interactive facial expressions.
The incorporation of robotics in learning environments promotes social interaction and encourages collaboration among young learners. It also offers additional advantages for students with disabilities. Research indicates that teaching methods involving robots can be nearly as effective as human tutors, fostering engaging interactions. These robots have found roles beyond education, functioning as weight-loss coaches, playmates, and companions.
One of the appealing aspects of these robots as educational tools is their ability to be updated with current knowledge and teaching techniques. Besides the initial investment, they require minimal resources, mainly electricity, making them cost-effective. These features contribute to their attractiveness as teaching aids, fueling the demand for them in the foreseeable future.
The positive reception of humanoid robots as educators has positioned the market for increased investment in the coming years. Softbank Robotics' humanoid 'Pepper' has already gained substantial traction in the education sector and is anticipated to witness even wider adoption in the near future.
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