Service Robotics Expected to Reach $46.18 Billion by 2017

According to the market research report "Personal and Professional Service Robotics Market - Global Forecast and Assessment by Applications and Geography (2012 - 2017)" published by MarketsandMarkets, the total service robotics market is predicted to reach $46.18 billion by 2017 at a CAGR of 17.4% from 2012 to 2017. The market depends on factors like increasing government funds.