Mexico Educational Robot Market Size & Outlook, 2023-2030
Mexico educational robot market, 2018-2030 (US$M)
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Mexico educational robot market highlights
- The Mexico educational robot market generated a revenue of USD 23.3 million in 2023 and is expected to reach USD 123.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 26.8% from 2024 to 2030.
- In terms of segment, non-humanoid was the largest revenue generating product in 2023.
- Humanoid is the most lucrative product segment registering the fastest growth during the forecast period.
Educational robot market data book summary
| Market revenue in 2023 | USD 23.3 million |
| Market revenue in 2030 | USD 123.0 million |
| Growth rate | 26.8% (CAGR from 2023 to 2030) |
| Largest segment | Non-humanoid |
| Fastest growing segment | Humanoid |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Humanoid, Non-Humanoid |
| Key market players worldwide | The LEGO Group, SoftBank Group Corp, New Oriental Education & Technology Group Inc ADR, Sphero, Pal Robotics, Dobot, Aisoy Robotics, Blue Frog Robotics, Modular Robotics, Pitsco Education, Robotis, RM plc, Learning Resources, Educational Insights, Makeblock, Wonder Workshop, VEX Robotics, Thames & Kosmos, WowWee |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.0% of the global educational robot market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil educational robot market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 123.0 million by 2030.
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Educational Robot Market Scope
Educational Robot Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico educational robot market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to educational robot market will help companies and investors design strategic landscapes.
Non-humanoid was the largest segment with a revenue share of 58.37% in 2023. Horizon Databook has segmented the Mexico educational robot market based on humanoid, non-humanoid covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of educational robot in Mexico has been a notable trend during the forecast period. Mexico has been trying to incorporate technology into its education system, including integrating educational robot.
The government and educational institutions have recognized the importance of STEM education and the need to prepare students for the digital age. Educational robots offer hands-on learning experiences and promote critical thinking, problem-solving, and creativity among students.
They provide interactive and engaging platforms for learning, allowing students to apply theoretical concepts practically. Several initiatives and programs have been implemented in Mexico to encourage the use of educational robot in schools.
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Our clientele includes a mix of educational robot market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico educational robot market , including forecasts for subscribers. This country databook contains high-level insights into Mexico educational robot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico educational robot market size, by product, 2018-2030 (US$M)
Mexico Educational Robot Market Outlook Share, 2023 & 2030 (US$M)
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