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Stock impact report

APAC Region Projected to Lead the Personal AI and Robotics Market Through 2028

Medigus Ltd. - American Depositary Shares (MDGS) 
Company Research Source: PR Newswire
FinancialNewsMedia.com News CommentaryPALM BEACH, Fla., Feb. 7, 2023 /PRNewswire/ -- The relatively recent marriage of AI and Robotics, appears that it will be a successful and long-lasting relationship. A recent report from ResearchAndMarkets says that the market for AI-enhanced robots and robotic systems for the consumer market is bright indeed. It forecasts a substantial rise in the personalized AI and robotics markets from 2023 through 2028. The report projected that: "The APAC region will lead the personal AI and robotics market through 2028; Solutions involving personal AI in South Korea will reach nearly $1.5 billion by 2028; and The global market for personalized robot components will reach $18.7 billion by 2028." They continued: "Leading solutions for personalized AI and robotics are safety, information, and entertainment. The United States is poised for rapid growth as carebots become a viable option for elder care…We see substantial overall industry growth across a wide ran Show less Read more
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