Global Robotics Software Market is expected to reach approximately US$ 15 billion by 2028

What is the Size of Global Robotics SOFTWARE INDUSTRY?

Global Robotics Software market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Robotics Software Market is largely driven by the investment in various countries by the governments and the high adoption of Robotics Software in various end-user industries

Developed markets such as European regions and developing markets such as the Asia-Pacific region are witnessing huge investments by start-ups, and existing large players and governments which are driving the market growth.

Concerns about data privacy and malware attacks along with the high costs associated with the implementation of industrial robots and robotics software are factors that act as constraints for market growth.

Increasing cyber-attacks and robot crimes are major hindrances to the market’s growth. These factors are still a major concern for some end-user industries which are worried by data theft and hence they are taking a cautious approach when it comes to the adoption of robotic software.

The COVID-19 outbreak had a positive impact on the demand for Robotics Software as various companies installed robots to disinfect factory areas as well as it helped them to deliver food to their customers without risking any health-related issues during the pandemic for their employees.

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GLOBAL ROBOTICS SOFTWARE MARKET BY SOFTWARE TYPE

The Global Robotics Software market is segmented by Software type into Recognition Software, Simulation Software, Predictive Maintenance Software, Data Management and Analysis Software and Communication Management Software. The Recognition Software segment held the largest market share in the Global Robotics Software Market in 2022.

The recognition software in the robots enables them with cognitive ability. This software is integrated behind the robots and helps them to identify an object and give its response accordingly.

GLOBAL ROBOTICS SOFTWARE MARKET BY ROBOT TYPE

The Global Robotics Software Market is segmented by Robot type into Industrial Robots and Service Robots. The Industrial Robots segment held the larger share of the Global Robotics Software Market in 2022.

The significant growth in demand for industrial robots can be attributed to the fact that they can perform dangerous tasks repeatedly with more accuracy than human beings and have a longer life span to perform such tasks.

These robots also help companies in achieving higher operational efficiency and lowering labor costs which are encouraging more and more organizations to install these robots.

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GLOBAL ROBOTICS SOFTWARE MARKET BY DEPLOYMENT MODE

The Global Robotics Software market is segmented by deployment mode into On-Premise and On-Demand.

The On-Demand segment held the larger share of the Global Robotics Software Market in 2022.

The on-demand deployment mode or the cloud-based deployment mode is more adopted because it is a cost-effective method by which the companies are able to save a lot of costs related to data, personnel, software, hardware, and maintenance.

GLOBAL ROBOTICS SOFTWARE MARKET BY ENTERPRISE SIZE

The Global Robotics Software market is segmented by enterprise size into Small & Medium Enterprises and Large Enterprises.

The Large Enterprises segment held the larger share of the Global Robotics Software Market in 2022.

The covid-19 pandemic made a lot of large enterprises make changes in their manufacturing facilities and deployed automated robots to mitigate any such risks in the future. Also, as the investment costs are a bit high so large enterprises have been quicker to adapt to such models faster than their small and medium enterprise counterparts.

GLOBAL ROBOTICS SOFTWARE MARKET BY END-USER

The Global Robotics Software market is segmented by End-User into Automotive, Retail and E-commerce, Government and Defense, Healthcare, Transportation and Logistics, Manufacturing, IT and Telecommunications and Others.

Key Topics Covered in the Report

Snapshot of the Global Robotics Software Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Robotics Software Market
Historic Growth of the Overall Global Robotics Software Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of the Global Robotics Software Market
Overview, Product Offerings, and SWOT Analysis of Key Competitors
COVID-19 Impact on the Overall Global Robotics Software Market
Future Market Forecast and Growth Rates of the Total Global Robotics Software Market and by Segments
Market Size of Fiber Type / End User Segments with Historical CAGR and Future Forecasts
Analysis of the Robotics Software Market in Major Regions
Major Production / Consumption Hubs in the Major Regions
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the report

ABB Ltd.
Clearpath Robotics
NVIDIA Corporation
CloudMinds Technology, Inc.
Liquid Robotics, Inc.
Brain Corporation
AIBrain, Inc.
Furhat Corporation
Neurala, Inc.
IBM Corporation

Notable Emerging Companies Mentioned in the Report

Realtime Robotics, Inc.
HAL Robotics
Vyorius
Quale Infotech
Anscer Robotics

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Robot Manufacturers
Robotics Software Developers
Software and Application Developers for Robotics Industry
Third-party Service and Maintenance Providers
Investors and Venture Capitalists in the Robot and Robotic Software Industry
Market Research & Consulting Firms
Start-ups & Incumbents in Robotics Industry
Company Research and Development Institutes
Government & Regulatory Authorities
Commercial and Industrial Robots Manufacturers
Commercial and Industrial Robots Product Assemblers
Commercial and Industrial Robots Component suppliers
Raw Material Suppliers for Commercial and Industrial Robots
Potential Investors in Commercial and Industrial Robots Companies
Value Added Resellers of Robots
Industrial OEMs of Commercial and Industrial Robots
Industrial Automation Solutions Providers
Robotics Industry Associations
Robotics Research Groups
Government Ministries of Electronics
Government Ministries of Heavy Industries
Regulatory Organizations for Robots

Global Robotics Software Market is expected to reach approximately US$ 15 billion by 2028 – Ken Research

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