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Entertainment Robots Market size is set to grow by USD 96.88 billion from 2024-2028, increasing demand for entertainment robots for leisure purposes boost the market, Technavio

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NEW YORK, June 18, 2024 /PRNewswire/ — The global entertainment robots market size is estimated to grow by USD 96.88 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  34.24%  during the forecast period. Increasing demand for entertainment robots for leisure purposes is driving market growth, with a trend towards increasing focus on collaboration and launch of new products. However, high initial investment and servicing costs for vendors  poses a challenge. Key market players include BLUE FROG ROBOTICS SAS, fischerwerke GmbH and Co. KG, HANSON ROBOTICS Ltd., Hasbro Inc., Intuitive Robots, KUKA AG, LEGO System AS, Mattel Inc., Modular Robotics Inc., Neobotix GmbH, PAL Robotics, RN Chidakashi Technologies Inc., ROBOTIS Co. Ltd., RobotShop Inc., Sarcos Technology and Robotics Corp., SoftBank Robotics Group Corp., Sony Group Corp., Sphero Inc., UBTECH Robotics Inc., and WowWee Group Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Entertainment Robots Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 34.24%

Market growth 2024-2028

USD 96882 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

26.96

Regional analysis

Europe, APAC, North America, Middle East and Africa, and South America

Performing market contribution

North America at 32%

Key countries

US, Germany, China, UK, and Japan

Key companies profiled

BLUE FROG ROBOTICS SAS, fischerwerke GmbH and Co. KG, HANSON ROBOTICS Ltd., Hasbro Inc., Intuitive Robots, KUKA AG, LEGO System AS, Mattel Inc., Modular Robotics Inc., Neobotix GmbH, PAL Robotics, RN Chidakashi Technologies Inc., ROBOTIS Co. Ltd., RobotShop Inc., Sarcos Technology and Robotics Corp., SoftBank Robotics Group Corp., Sony Group Corp., Sphero Inc., UBTECH Robotics Inc., and WowWee Group Ltd.

Market Driver

The entertainment robots market is undergoing a notable shift, with a heightened emphasis on partnerships and the introduction of new products. In October 2022, Hanson Robotics collaborated with Playasia to create a merchandise line inspired by SOPHIA the Robot. This collection, consisting of themed clothing, artwork, posters, and collectibles, will be accessible through SOPHIA’s online boutique. In December 2023, Sphero Inc. Launched the Sphero BOLT Power Up Program, offering Title I schools, non-profits, and youth organizations the chance to use a Sphero BOLT Power Pack for six weeks. This initiative aims to reach 1,500 students as part of Sphero’s commitment to the CSForAll initiative. These collaborations and product launches will continue fueling the growth of the global entertainment robots market. 

The Entertainment Robots Market is experiencing significant growth with advancements in technology. Animation and marketing industries are utilizing robots for creation and promotion. Robots like Chatbots and Virtual Assistants are popular in this sector. Robots are used for creating content, interacting with audiences, and providing personalized experiences. Programmable robots like Sphero and Animatronics are used for live performances and events. Robots are also used for creating art and music. Companies are investing in research and development to create more advanced and interactive robots. The use of robots in entertainment is a trend that is here to stay. Robots are becoming an essential tool for content creation and audience engagement. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

•         The entertainment robots market experiences consistent growth, despite the high costs associated with development. These expenses include purchasing raw materials, establishing manufacturing facilities, investing in machine learning and artificial intelligence, and ongoing research and development. Robots’ complexity necessitates extensive testing to ensure safety before commercialization. Running a robotics company demands significant technological expertise and continuous innovation. While numerous startups have emerged, some struggle financially and fail. Proper maintenance and servicing are essential to maintain robots’ optimal performance and longevity. Neglecting servicing may result in breakdowns and malfunctions. For instance, the production of Pepper, SoftBank’s humanoid robot, ceased due to its limited functionalities, indicating the importance of continuous improvement to remain competitive in the market.

•         The Entertainment Robots Market is experiencing significant growth with various players introducing innovative robotic solutions. However, challenges persist in this sector. One major challenge is the need for advanced technology to create realistic and engaging experiences for users. Another challenge is the high cost of development and production, limiting the accessibility of these robots to a wider audience. Additionally, ensuring the safety and ethical use of these robots is a concern for both manufacturers and consumers. Furthermore, the need for continuous innovation to keep up with consumer demands and preferences adds to the complexity of the market. Despite these challenges, the Entertainment Robots Market continues to show promise, with potential for significant growth in the coming years.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This entertainment robots market report extensively covers market segmentation by  

Product 1.1 Robotic toys1.2 Educational robots1.3 Robotic companion petsEnd-user 2.1 Media2.2 Education2.3 RetailGeography 3.1 Europe3.2 APAC3.3 North America3.4 Middle East and Africa3.5 South America

1.1 Robotic toys-  The entertainment robots market encompasses a diverse range of robotic toys, including animal and vehicle models, that provide amusement for both children and adults. Robots mimicking humans with programmed commands, remote control, and sensor signals add to their appeal. Hasbro’s Transformers Optimus Prime, a converting programmable robot, showcases advanced technology with mobile app control and voice commands. The market’s growth is driven by increasing demand from adults and the emergence of humanoid robots. Vendors continue to innovate to stay competitive.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Entertainment Robots Market encompasses a wide range of robotic technologies designed to provide engagement and therapeutic assistance in healthcare settings. These robots, which include toy robots, dancing speakers, and humanoid robots, are powered by advanced electronics and semiconductors, as well as artificial intelligence (AI), robot vision, and cognitive computing. Patients experience care and comfort through multimedia tasks, narrative environments, and cultural entertainment. Entertainment robots are equipped with microphones and voice recognition for interaction, while face recognition enables personalized experiences. Dance routines and singing add to their entertainment value. The Entertainment Robots Market is showcased at trade fairs, highlighting the latest innovations in this field.

Market Research Overview

The Entertainment Robots Market encompasses a variety of robotic systems designed to provide amusement, engagement, and interaction for individuals. These robots utilize advanced technologies such as artificial intelligence, machine learning, and computer vision to deliver unique experiences. They can be found in various sectors including education, healthcare, hospitality, and entertainment industries. Robots used in entertainment can range from humanoid robots performing dance routines to interactive robots engaging in conversation with visitors. The market for these robots is growing rapidly due to increasing demand for personalized and immersive experiences. Additionally, advancements in technology continue to drive innovation in the field, leading to new applications and use cases. Overall, the Entertainment Robots Market presents significant opportunities for growth and development in the coming years.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductRobotic ToysEducational RobotsRobotic Companion PetsEnd-userMediaEducationRetailGeographyEuropeAPACNorth AmericaMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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RIVANNA nominated for MedTech Scale-Up of the Year at MedTech World Awards 2026 | North America

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Nomination places the Charlottesville-based company among growth-stage medtech leaders recognized for commercial momentum in AI-powered clinical decision support; public voting is open through May 8

CHARLOTTESVILLE, Va., May 5, 2026 /PRNewswire/ — RIVANNA®, developer of AI-powered clinical decision-support solutions, today announced that it has been nominated for MedTech Scale-Up of the Year at the MedTech World Awards 2026 | North America. Public voting is open through Friday, May 8, 2026, with category winners to be announced at the inaugural North American Awards Gala on May 11, 2026, at the Hilton West Palm Beach in Florida.

The MedTech Scale-Up of the Year category honors a growth-stage company successfully scaling revenues, partnerships, and adoption across the global medical technology ecosystem. Nominees across the program’s 22 categories were selected through a structured process led by the MedTech World Steering Committee, with category winners determined by a combination of expert evaluation and public voting from the global MedTech community.

“We have built RIVANNA on validation earned from the most rigorous technical buyers in healthcare: competitive federal awards translated into FDA-cleared products, each paired with a commercial program that meets clinicians where they work,” said Will Mauldin, PhD, Co-founder and CEO of RIVANNA. “Being nominated for MedTech Scale-Up of the Year is a meaningful affirmation of that approach and the team executing it.”

Public voting closes Friday, May 8, 2026. Members of the MedTech community are invited to support RIVANNA’s nomination at the official voting page: vote here.

The award nomination follows a year of measurable scaling for RIVANNA:

In October 2025, RIVANNA reported on being named a finalist in MedTech Innovator’s 2025 Early-Stage Grand Prize competition, selected from nearly 1,500 global applicants to represent the top 4% of medtech innovations worldwide.In December 2025, RIVANNA reported on the U.S. Food and Drug Administration’s 510(k) clearance of its Accuro® 3S Needle Guide Kit consumables, building on existing Accuro 3S device clearance.In April 2026, RIVANNA reported on peer-reviewed findings, published in 2025 in the Journal of Emergency Medicine (DOI: 10.1016/j.jemermed.2025.11.011), showing that the Accuro® XV musculoskeletal imaging system enables non-physician operators to acquire diagnostic-quality scans after just one hour of hands-on training.In May 2026, RIVANNA reported on the U.S. Food and Drug Administration’s 510(k) clearance of the Accuro® XV Diagnostic Ultrasound System for musculoskeletal imaging, authorizing commercial use across hospital and clinic settings.The company’s clinical program now spans eight sites nationwide with more than 1,500 patients enrolled.

The 2026 MedTech World Awards | North America, powered by Blue Goat Cyber, will be presented Monday, May 11, 2026, at the inaugural North American Awards Gala at the Hilton West Palm Beach, marking the first time the MedTech World Awards have been hosted in the United States.

About the MedTech Scale-Up of the Year Award
Presented by MedTech World, the MedTech Scale-Up of the Year category recognizes growth-stage medical technology companies demonstrating strong commercial momentum, expanding partnerships, and accelerating real-world adoption. The award is one of 22 categories spanning innovation, clinical excellence, regulatory strategy, investment, and leadership across the global MedTech ecosystem.

About RIVANNA
RIVANNA® is a medical technology company developing clinical decision-support solutions powered by proprietary clinical datasets, AI models, and purpose-built imaging hardware. The company’s platform automates complex anatomical analysis at the point of care, enabling faster, more confident clinical decisions while reducing variability and expanding access to advanced capabilities. The first applications target significant market opportunities in regional anesthesia and fracture care. RIVANNA has built a proven FDA regulatory track record across its Accuro® platform, with device clearances for Accuro® 3S (spinal needle guidance) and Accuro® XV (musculoskeletal imaging), a portfolio of supporting cleared consumables, and AI software modules advancing through regulatory review. The company is backed by 100+ patents and validated through clinical partnerships with leading academic medical centers. RIVANNA is headquartered in Charlottesville, Virginia, and operates an FDA-registered, ISO 13485:2016-certified manufacturing facility. Learn more at rivannamedical.com.

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SOURCE RIVANNA

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D2L Launch Week Highlights Latest Product Releases

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Latest innovations are designed to save time, simplify workflows, and help drive better learning outcomes

TORONTO, May 5, 2026 /PRNewswire/ – D2L, a global leader in learning innovation, hosted its first-ever D2L Launch Week, a four-day virtual webinar series spotlighting the company’s latest product innovations across D2L Brightspace in 2026.

Throughout the week, D2L showcased a range of product releases through live demos and practical customer use cases, highlighting how institutions, school districts and organizations can help to drive engagement and improve learning outcomes. The featured updates include enhancements to D2L Lumi for idea generation, intervention suggestions, quiz creation and summarization; tools to strengthen parent and guardian outreach; and administrative capabilities designed to help large organizations delegate course and configuration management more effectively.

“We’re proud to showcase the ways D2L continues to innovate to help make learning more personalized, efficient, and scalable,” said Christian Pantel, Chief Product Officer at D2L. “From new D2L Lumi features to enhanced communication tools and more flexible distributed administration capabilities, these updates are designed to help our customers save time, improve usability, and deliver better learning experiences at scale.”

Enhancements to D2L Lumi

Among the new capabilities were several updates to D2L’s AI-native tool, D2L Lumi, designed to improve usability, transparency, and alignment across workflows, including:

D2L Lumi Ideas: Generates assignment and discussion ideas directly within Brightspace, making it easier to generate high quality content aligned to learning outcomes.D2L Lumi Insights: Gives educators access to learning intervention suggestions, designed to provide recommended next steps based on learner data.D2L Lumi Quiz: Helps educators generate questions from multiple course content topics and includes a more streamlined question-generation workflow.D2L Lumi Summary: Supports summarization from more content sources, including nested submodules, and can give educators the ability to preview and adjust source text before summarization.

Updates to Parent and Guardian Communications

D2L also introduced new parent and guardian communication enhancements to help K-12 educators strengthen engagement beyond the classroom. Teachers can now send bulk emails to all parents and guardians associated with students in their class. For individual student outreach, teachers can also email parents and guardians of a specific learner, making it easier to share timely updates on student progress and classroom activity.

Manage Distributed Administration at Scale

Distributed Administration gives organizations more flexibility to delegate administrative responsibilities across organization levels. With Distributed Administration, administrators can manage specific areas, enabling them to oversee courses while helping to reduce bottlenecks and free up time.

Learn more about the latest product releases showcased at D2L Launch Week.

About D2L   
D2L is transforming the way the world learns, helping learners achieve more than they dreamed possible. Working closely with customers all over the world, D2L is on a mission to make learning more inspiring, engaging and human. Find out how D2L helps transform lives and delivers outstanding learning outcomes in K-12, higher education and businesses.

D2L Media Contact
PR@D2L.com
X: @D2L
© 2026 D2L Corporation.

The D2L family of companies includes D2L Inc., D2L Corporation, D2L Ltd, D2L Australia Pty Ltd, D2L Europe Ltd, D2L Asia Pte Ltd, D2L India Pvt Ltd, D2L Brasil Soluções de Tecnologia para Educação Ltda and D2L Sistemas de Aprendizaje Innovadores, S. D2 R.L de C.V., and H5P Group AS.

All D2L and H5P marks are owned by the D2L group of companies. Please visit D2L.com/trademarks for a list of D2L marks. All other trademarks are the property of their respective owners.

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Ultima Markets Celebrates 10th Anniversary

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10 Years of Trust. Focused on Tomorrow.

EBENE CYBERCITY, Mauritius, May 5, 2026 /PRNewswire/ — Ultima Markets Ltd (“UM”), authorised and regulated by the Financial Services Commission of Mauritius, marks its 10th anniversary under the theme, “10 Years of Trust. Focused on Tomorrow.” Since 2016, UM has transformed into a leading global brokerage.

Milestones

UM built a world-class trading space through ultra-fast tech and strict compliance, launching the UM Terminal, AI-driven MT5, and Mobile App. Key milestones include FSC Mauritius Authorisation (2023), a Willis Towers Watson partnership providing $1M fund protection, joining the UN Global Compact (2024), and securing 50+ awards by 2026.

Celebrating Lasting Partnerships

Exclusive initiatives include:

Ultimate Trader Cup: An epic trading competition to prove your edge.Ultima Loyalty Programme: A tiered system turning loyalty into long-term rewards.Ultima Partnership Programme: Leverage 10 years of market trust into lasting revenue.Inter Partnership Perks: VIP events and match access via its Inter partnership.

The Five ‘U’s

Core values guiding UM’s next decade:

User: Designing around trader needs and removing friction.United: Fostering community growth through learning.Upright: Acting transparently and ethically.Upward: Pursuing continuous product and performance growth.Upgrade: Elevating trader skills, tools, and outcomes.

Focused on Tomorrow

Guided by The Five ‘U’s, UM remains focused on tomorrow, investing in innovation, transparency, and global expansion. Building on recent advancements like Copy Trading Pro and UM Academy, its commitment is providing the ultimate trading edge and elite support worldwide.

About Ultima Markets

Ultima Markets Ltd is authorised and regulated by the Financial Services Commission of Mauritius, offering a secure, regulated CFD trading experience. As the Official Regional Partner of FC Internazionale Milano, UM unites football passion with trading knowledge. Serving 170+ countries with 1,000+ instruments, the broker is a 50+ award winner and proud UN Global Compact supporter, aligning with Sustainable Development Goals for responsible growth. The products, services and initiatives described in this press release are offered exclusively by Ultima Markets Ltd. This communication is not directed at, nor are the products and services described herein available to, residents of the United Kingdom.

Ultima Markets (UK) Limited (“UM UK”) is a distinct legal entity authorised and regulated by the Financial Conduct Authority (“FCA”) in the United Kingdom. UM UK secured its FCA authorisation in 2025. UM UK is not the subject of this press release.

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