Apple Explores Entry into Personal Robotics Market
Apple is reportedly looking to expand into the personal robotics market, according to a recent report by Bloomberg. The tech giant is exploring new projects in the field after ending its electric vehicle project, as it seeks opportunities for growth in different sectors.
The report suggests that Apple is considering developing a mobile robot for use in homes, as well as a tabletop device with a display that can be moved using robotics. These projects are still in their early stages, with no commitment from Apple to produce them yet. The display project has been on and off the company’s roadmap for years.
Interestingly, Apple has informed executives that its future focus is on automotive, the home, and mixed reality. With the cancellation of the electric vehicle effort and the launch of the Vision Pro in the mixed reality space, the report indicates that the smart home market could be a potential target for Apple’s expansion.
The potential for growth in the smart home market is significant, with the average consumer now owning six smart home devices, according to PYMNTS Intelligence. Millennials and bridge millennials lead the way with an average of seven devices each, indicating a growing interest in smart home technology.
In addition, there has been a steady increase in the adoption of smart home devices and connected appliances, suggesting a growing market for innovative products in this space. Apple’s interest in entering the personal robotics market aligns with this trend, as consumers seek more convenient and efficient solutions for their homes.
Furthermore, Apple’s expertise in artificial intelligence (AI) could give the company an advantage in the robotics space. Apple researchers are reportedly working on algorithms to help robots navigate homes, highlighting the company’s commitment to integrating AI technology into its products.
Overall, Apple’s potential entry into the personal robotics market represents an exciting development in the tech industry. As consumer demand for smart home technology continues to rise, companies like Apple are recognizing the opportunity to innovate and bring new products to market. It will be interesting to see how Apple’s projects in the robotics space develop in the coming years and how they will impact the broader tech landscape.