Technology
Humanoid Robot Market to grow by USD 59.18 Billion from 2025-2029, Driven by Demand for Enhanced Visibility and Flexibility in Industrial Operations, AI Impact – Technavio
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1 year agoon
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NEW YORK, Feb. 3, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global humanoid robot market size is estimated to grow by USD 59.18 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 70.4% during the forecast period. Demand for enhanced visibility and flexibility in industrial operations is driving market growth, with a trend towards growing demand of humanoid robot owing to emergence of smart manufacturing. However, ethical issues with humanoid robots poses a challenge. Key market players include Engineered Arts Ltd., EZRobot Inc., Figure AI Inc., HAHN Group GmbH, HANSON ROBOTICS Ltd., Hasbro Inc., Honda Motor Co. Ltd., Hyundai Motor Co., Invento Research Inc., Kawada Robotics Co. Ltd., Macco Robotics, PAL Robotics, Promobot LLC, ROBOTIS Co. Ltd., Toyota Motor Corp., Trossen Robotics, UBTECH Robotics Inc., and United Robotics Group GmbH.
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Humanoid Robot Market Scope
Report Coverage
Details
Base year
2024
Historic period
2019 – 2023
Forecast period
2025-2029
Growth momentum & CAGR
Accelerate at a CAGR of 70.4%
Market growth 2025-2029
USD 59176.5 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
50.0
Regional analysis
North America, APAC, Europe, Middle East and Africa, and South America
Performing market contribution
North America at 40%
Key countries
US, Japan, China, South Korea, Canada, Germany, UK, UAE, France, and Brazil
Key companies profiled
Engineered Arts Ltd., EZRobot Inc., Figure AI Inc., HAHN Group GmbH, HANSON ROBOTICS Ltd., Hasbro Inc., Honda Motor Co. Ltd., Hyundai Motor Co., Invento Research Inc., Kawada Robotics Co. Ltd., Macco Robotics, PAL Robotics, Promobot LLC, ROBOTIS Co. Ltd., Toyota Motor Corp., Trossen Robotics, UBTECH Robotics Inc., and United Robotics Group GmbH
Market Driver
The humanoid robot market is experiencing significant growth, driven by trends in healthcare, product launches, and the entertainment industry. Robotics research in neurosciences and cognitive sciences is leading to advancements in functionality and behavior. Investors are showing interest in robotics engineering for eldercare and mobility impairments, with applications in ultraviolet germicidal cleaning and surveillance. The media sector is exploring robotics solutions for digital transformation, while funding is being allocated for research and development in robotics, AI, and battery technologies. Automotive companies are integrating robots into their manufacturing processes due to labor shortages. Space exploration and isolation situations are driving the need for advanced robotics. Robotics industry growth is also fueled by technological advancements in hardware costs, sensors like lidar and 3d/depth cameras, and high-performance computing.
Smart manufacturing is a modern industrial approach that leverages advanced computing, analytics, and IoT-integrated technologies to optimize production processes. Objectives include flow optimization, customization, asset tracking, predictive maintenance, and real-time inventory management. The growth of automation, electrification, data integration, human-machine interaction, and connectivity has driven the adoption of smart manufacturing. In the automotive industry, IoT-enabled sensors are integrated into manufacturing, assembly line, and warehousing equipment to enhance efficiency and productivity.
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Market Challenges
The humanoid robot market is experiencing significant growth, with applications in various industries such as healthcare, entertainment, and robotics research. However, product launch faces challenges in neuroscience and functionality, requiring substantial investment from investors. In healthcare, humanoid robots offer solutions for eldercare and mobility impairments. In the entertainment industry, they provide personal assistance and behavior modeling. Robotics engineering and neurosciences are essential for developing advanced sensory abilities and artificial intelligence. The robotics industry is also exploring robotics in space exploration, neurosciences, and service duties. Isolation and mobility are key challenges, requiring advancements in hardware costs, battery technologies, and high-performance computing. The market growth is driven by technological advancements, labor shortages, and digital transformation. Funding is crucial for research and development in robotics, cognitive sciences, and AI. Investors are keen on commercial investment in areas like delivery, kiosks, and surveillance. Challenges include hardware costs, software engineering, and staffing skilled workers. Automotive companies and manufacturing firms are adopting robotics solutions for production. The robotics fund is focusing on next-generation sensors, radar, and 3D/depth cameras. Government support and research are essential for the robotics industry’s growth.The humanoid robot market faces ethical challenges that could hinder its growth. Unemployment is a significant concern as humanoid robots may replace human labor, leading to job losses. Ethical issues also include privacy concerns, inaccurate data usage, and control and use of data and systems. Accountability and liability are other concerns, as well as the potential loss of human decision-making. These factors may restrain the expansion of the global humanoid robot market during the forecast period.
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Segment Overview
This humanoid robot market report extensively covers market segmentation by
ApplicationPersonal Assistance And CaregivingResearch And Space ExplorationEducation And EntertainmentSearch And RescuePublic RelationsComponentHardwareSoftwareGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth AmericaMotion TypeBipedWheel Drive
1.1 Personal assistance and caregiving- The personal assistance and caregiving segment of the global humanoid robot market is experiencing notable growth due to the increasing demand for robots that can help people with daily tasks and support their well-being. Humanoid robots are being designed to aid the elderly and disabled in performing activities of daily living, offer companionship, and provide mental health assistance. Key players in this market, such as HANSON ROBOTICS, Toyota, and PAL Robotics, are developing humanoid robots with a wide range of capabilities, from basic tasks to advanced functions like conversing and recognizing emotions. The aging population, rising demand for home care services, and technological advancements are driving market growth. Startups and smaller companies also create specialized humanoid robots for specific applications, such as autism therapy and mobility assistance. Overall, the personal assistance and caregiving segment of the global humanoid robot market is projected to expand significantly due to the increasing sophistication of robots and the growing need for caregiving services.
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Research Analysis
The Humanoid Robot Market is a dynamic and innovative industry that continues to push the boundaries of technology. Robot software and cognitive science are at the heart of humanoid robot development, enabling advanced capabilities such as machine learning and AI. Robot regulation ensures safety and ethical considerations are met as these advanced machines become more integrated into society. Robotic startups and companies are driving innovation in areas like robotic healthcare, space exploration, and customer service. Robot capabilities continue to expand, with autonomous robots and robotic automation becoming increasingly common. Robot research in areas like behavior science and safety is also advancing, leading to new applications and uses. Robotic conferences and workshops provide opportunities for professionals to share knowledge and collaborate on new projects. The future of humanoid robots holds endless possibilities, from caregiving and assistance to entertainment and education. Robotic adoption is on the rise, with companies recognizing the benefits of a robotic workforce for increased efficiency and productivity. Robotic technology is constantly evolving, with new features and capabilities being developed to meet the demands of various industries. Robot security is a growing concern, with companies investing in advanced security measures to protect their robotic assets. The robot industry is poised for continued growth, with new innovations and applications emerging every day.
Market Research Overview
The humanoid robot market is experiencing significant growth due to advancements in robotics engineering, neurosciences, cognitive sciences, and artificial intelligence. Product launches in healthcare, eldercare, and mobility impairments sectors are transforming the industry, with dual-arm robots and robots with sensory abilities becoming increasingly popular. Investors are showing interest in commercial investment, funding research and development, and supporting the robotics industry’s growth. The entertainment industry and media sector are integrating humanoid robots for staff members, creating new opportunities for robotics solutions. Neuroscience and robotics research are advancing the robot’s functionality, enabling them to perform service duties in isolation, quarantine, and surveillance. The robotics industry’s technological advancements, including high-performance computing, next-generation sensors, and battery technologies, are reducing hardware costs and expanding the robot’s applications in automotive, manufacturing, and delivery industries. The robotics fund is also attracting skilled workers and government support, driving the market’s growth. The robotics market growth is also impacting the mobility, ultraviolet germicidal cleaning, and autonomous delivery sectors, with robots being used for personal assistance, education, and caregiving. Voice sensors, 3D/depth cameras, and lidar are enhancing the robot’s sensory abilities, enabling them to interact with humans more naturally. The robotics industry’s digital transformation is also impacting labor shortages in various sectors, with robots being used for staff members in luxury vehicle manufacturing and staffing kiosks. The robotics solutions are also being integrated into the education sector, providing personalized learning experiences for students. The robotics industry’s future looks bright, with advancements in robotics engineering, mechanical engineering, and electrical engineering, enabling humanoid robots to perform more complex tasks and interact more naturally with humans. The robotics industry’s growth is expected to continue, driven by the increasing demand for robots in various sectors and the ongoing technological advancements.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
ApplicationPersonal Assistance And CaregivingResearch And Space ExplorationEducation And EntertainmentSearch And RescuePublic RelationsComponentHardwareSoftwareGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth AmericaMotion TypeBipedWheel Drive
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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New AI-native platform equips organizations to achieve AI fluency, aligns workforce capabilities with the demands of an AI-powered economy and drives outcome-based learning tailored to business objectives
Skillspring leverages Cognizant’s long-standing workforce training expertise to help enterprises address skilling as a critical AI infrastructure investment
TEANECK, N.J., April 21, 2026 /PRNewswire/ — Cognizant (Nasdaq: CTSH) today unveiled Cognizant Skillspring™, a multimodal, AI-native, conversational learning platform designed to redefine learning in the AI era and help businesses cultivate AI-ready talent at scale. The platform moves beyond static courses and compliance-driven training to enable organizations to respond to rapidly changing roles, technologies and skills demands, and help learning investments translate to business outcomes.
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Cognizant Skillspring uses AI agent-driven tutoring and content creation to deliver high-quality, personalized learning across large workforces while helping organizations manage learning and development costs more efficiently. The platform maps skills directly to roles, projects and performance outcomes, and adapts learning paths as roles and skill requirements evolve. Conversational, multimodal experiences embed learning directly into clients’ daily workflows so employees build skills while work gets done.
Internally, Cognizant Skillspring is complemented by the AI Fluency Dashboard, a personalized, real‑time view that gives every associate visibility into their AI readiness while encouraging real‑world AI usage and innovation across the enterprise. The dashboard provides Cognizant associates with insight into their AI skills, learning progress, usage and innovation – using scoring and gamification to accelerate adoption and drive stronger application of AI in day‑to‑day work.
“The AI era requires more dynamic learning systems designed to evolve as work, roles and technologies change. Cognizant Skillspring is purpose-built for the pace and complexity of this moment, enabling continuous talent transformation in the flow of work,” said Kathy Diaz, Chief People Officer, Cognizant. “As an AI builder, Cognizant focuses on turning AI investment into real-world outcomes for our clients. Cognizant Skillspring improves time-to-competency and alignment between skills investments and business priorities – helping ensure workforces remain ready as roles and technologies continue to dynamically evolve.”
Cognizant Skillspring is also available for universities, colleges, community and workforce development partners, underscoring Cognizant’s commitment to creating pathways for talent from all backgrounds to thrive in the AI age. This effort builds on the company’s ongoing investments in skilling and workforce readiness, including Synapse, Cognizant’s global upskilling program, and the company’s White House pledge, to invest in America’s youth and AI education.
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Already deployed internally at Cognizant, Skillspring builds upon the company’s award-winning learning and development expertise and investments that provide a framework to upskill hundreds of thousands of Cognizant employees each year.
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About Cognizant:
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.com or @cognizant.
For more information, contact:
U.S.
Name: Bill Abelson
Email: william.abelson@cognizant.com
Europe / APAC
Name: Sarah Douglas
Email: sarah.douglas@cognizant.com
India
Name: Vipin Nair
Email: Vipin.Nair@cognizant.com
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CNN to bring its Global Perspectives events series to Bangkok
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HONG KONG, April 21, 2026 /PRNewswire/ — CNN will hold the inaugural Asia chapter of its Global Perspectives events franchise in Bangkok, Thailand, on 14 October 2026, reinforcing the network’s commitment to convene global leaders and fostering dialogue on the critical issues shaping international business, policy and economic development.
CNN will bring together dignitaries, visionaries, political and business leaders for Global Perspectives: In Bangkok, to explore big ideas, bold leadership and the dynamic economies at the forefront of global transformation. On-stage conversations will be led by CNN’s esteemed anchors and correspondents, including Dr. Sanjay Gupta, Richard Quest, Kristie Lu Stout, Will Ripley and Hanako Montgomery, with editorial content and news-making interviews from the event featured across CNN platforms.
Expanding the Global Perspectives series with this Bangkok edition underscores CNN’s long-standing engagement in Asia. As a historic economic and cultural crossroads, Bangkok sits at the intersection of global economic dynamism, regional influence and vibrant cultural energy. The event will take place as global leaders, investors and policymakers gather in the city for the International Monetary Fund and World Bank Group Annual Meetings, creating an exclusive platform for CNN to examine a world in transition and the forces reshaping power and influence.
Ellana Lee, Group SVP, GM APAC, & Global Head of Productions at CNN, said: “Global Perspectives: In Bangkok will reflect CNN’s deep commitment to Asia and will aim to foster conversations that matter most on the global stage. At a time of rapid transformation, this event will bring together influential voices to examine the ideas, opportunities and challenges shaping the region and the world.”
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CNN Worldwide is the most honored brand in cable news, reaching more individuals through television, streaming and online than any other cable news organization in the United States. Globally, people across the world can watch CNN International, which is widely distributed in over 200 countries and territories. CNN Digital is the #1 online news destination, with more unique visitors than any other news source. HBO Max, Warner Bros. Discovery’s streaming platform, features CNN Max, a 24/7 streaming news offering available to subscribers alongside expanded access to News content and CNN Originals. CNN’s award-winning portfolio includes non-scripted programming from CNN Original Series and CNN Films for broadcast, streaming and distribution across multiple platforms. CNN programming can be found on CNN, CNN International and CNN en Español channels, via CNN Max and the CNN Originals hub on discovery+ and via pay TV subscription on CNN.com, CNN apps and cable operator platforms. Additionally, CNN Newsource is the world’s most extensively utilized news service partnering with over 1,000 local and international news organizations around the world. CNN is a division of Warner Bros. Discovery.
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Media Contact (Global)
Robin Mersh
SVP, Virtuosi Sales
Quality Executive Partners, Inc.
Email: RobinMersh@QualityExecutivePartners.com
Phone: (+1) 678-496-7503
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Vi’eNnI® Training and Consulting LLP
Email: Ivy_louis@vienni.com
Phone: +91 9986821045
WhatsApp: +91 9986821045
Vi’eNnI® & Virtuosi® are registered trademarks for VIENNI & Quality Executive Partners, Inc., respectively.
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