According to IMARC Group’s latest report, titled “Robot Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ The global robot software market reached a value of US$ 11.7 Billion in 2021. Robot software entails a set of commands and programmed inputs that assist mechanical devices and electronic systems in executing specific operations for attaining desired outcomes. It enables systems to perceive, learn, and maintain network security. Robot software is extensively used to control user interface (UI), reduce operational cost, increase productivity, improve internal procedures and eliminate human errors. Robot Software Market Growth, Opportunity and Forecast 2022-2027 Consequently, robot software finds extensive applications in manufacturing units to perform automated tasks, including data analysis and triangulation.
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Robot Software Market Trends:
The widespread adoption of robot software across various sectors can be attributed to the increasing need for intelligent mechanical devices to automate various industrial tasks, including product assembling, defusing bombs, surgical operations, space missions, and domestic chores. Additionally, the advent of cloud computing, big data, the Industrial Internet of Things (IIoT), and artificial intelligence (AI)-based robots for performing time-consuming tasks efficiently are propelling the market growth. Apart from this, the extensive utilization of robot software in the food and beverage (F&B) and e-commerce sectors to automate logistics and supply chain procedures and strategic collaborations amongst key players to engineer robot operating systems (ROS) are supporting the market growth. Looking forward, IMARC Group expects the market to reach a value of US$ 40.1 Billion by 2027 exhibiting a CAGR of 21.50% during 2022-2027.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global robot software market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on software type, robot type, deployment model, enterprise size and end use industry.
- ABB Ltd.
- AIBrain Inc.
- Brain Corporation
- Clearpath Robotics Inc.
- Furhat Robotics
- ai Inc.
- International Business Machines Corporation
- Neurala Inc.
- NVIDIA Corporation
- Teradyne Inc
- The Boeing Company.
Breakup by Software Type:
- Recognition Software
- Simulation Software
- Predictive Maintenance Software
- Data Management and Analysis Software
- Communication Management Software
The Breakup by Robot Type:
- Industrial Robots
- Service Robots
Breakup by Deployment Mode:
The Breakup by Enterprise Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by End Use Industry:
- Retail and E-Commerce
- Government and Defense
- Transportation and Logistics
- IT and Telecommunications
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- The Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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