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Educational and Entertainment Robot Market Strategy, Market Shares, and Market Forecasts, 2008-2014

Educational and Entertainment Robot Market Strategy, Market Shares, and Market Forecasts, 2008-2014

Markets for education al robotic kits at $27.5 million in 2007 are anticipated to reach $1.69 billion by 2014. Robot entertainment and educational markets at $184.9 million in 2007 are anticipated to reach $2.985 billion by 2014. Market growth is spurred by the evolution of a new technology useful in a range of industry segments. The educational and entertainment robots represent a first step in the evolution of the robotic markets because they provide the teaching aspect of the market that precedes any other market evolution in the services and mobility segments of consumer robotics.

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