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Robot Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A4872
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Market Overview:
The global robot software market size reached US$ 14.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 43.5 Billion by 2028, exhibiting a growth rate (CAGR) of 18.6% during 2023-2028.
Robot software provides a set of commands that enable mechanical devices or electronic systems to perform autonomous tasks. It includes security patrols, visitor tours and custom programs and drag-and-drop interfaces for setting up delivery routes. It can also create applications with command-and-control and tasking features and control graphical user interface (GUI) for teleoperated and mobile robots, which are utilized in different factories. Several companies are currently offering integrated robot software that combines control, safety, and motion into a single software architecture and development for enhancing productivity.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Robot Software Market Trends:
The Fourth Industrial Revolution (Industry 4.0) emergence, along with the rising trend of precision manufacturing, is catalyzing the need for industrial robots to modify manufacturing facilities into smart, connected factories. This represents one of the major factors impelling the market growth. Moreover, due to the growing demand for packaged food items, manufacturers in the food and beverage (F&B) industry are relying on robotics technology to automate the production process and mass-produce products with high precision and yields. This is creating a favorable outlook for the market. Apart from this, companies operating in the chemical sector are shifting towards robot software to refrain employees from performing hazardous tasks and improving workers’ safety. Furthermore, robotic technologies are employed in the healthcare industry on account of the rising need for surgical robotics and lab and pharmacy automation. As e-commerce and shipping companies are also focusing on automating a significant part of their operations due to worker shortages and increasing competition between enterprises, the demand for robot software is growing across the globe. Besides this, market players worldwide are developing artificial intelligence (AI) driven robots using robotic operating systems (ROS) and frameworks, which is projected to augment the overall sales.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global robot software market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on software type, robot type, deployment mode, enterprise size and end use industry.
Breakup by Software Type:
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- Recognition Software
- Simulation Software
- Predictive Maintenance Software
- Data Management and Analysis Software
- Communication Management Software
Breakup by Robot Type:
- Industrial Robots
- Service Robots
Breakup by Deployment Mode:
- On-premises
- Cloud-based
Breakup by Enterprise Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by End Use Industry:
- BFSI
- Automotive
- Retail and E-Commerce
- Government and Defense
- Healthcare
- Transportation and Logistics
- Manufacturing
- IT and Telecommunications
- Others
Breakup by Region:
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- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., AIBrain Inc., Brain Corporation, Clearpath Robotics Inc., Furhat Robotics, H2O.ai Inc., International Business Machines Corporation, Neurala Inc., NVIDIA Corporation, Teradyne Inc. and The Boeing Company.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Software Type, Robot Type, Deployment Mode, Enterprise Size, End Use Industry, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | ABB Ltd., AIBrain Inc., Brain Corporation, Clearpath Robotics Inc., Furhat Robotics, H2O.ai Inc., International Business Machines Corporation, Neurala Inc., NVIDIA Corporation, Teradyne Inc. and The Boeing Company |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global robot software market was valued at US$ 14.6 Billion in 2022.
We expect the global robot software market to exhibit a CAGR of 18.6% during 2023-2028.
The emergence of industry 4.0, along with the growing demand for industrial robots to modify manufacturing facilities into smart and connected factories, is primarily driving the global robot software market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing utilization of robot software to reduce human errors, automate the production process, enhance the quality of work, etc., during remote working scenario.
Based on the software type, the global robot software market can be segregated into recognition software, simulation software, predictive maintenance software, data management and analysis software, and communication management software. Among these, recognition software currently accounts for the majority of the total market share.
Based on the robot type, the global robot software market has been divided into industrial robots and service robots. Currently, industrial robots exhibit a clear dominance in the market.
Based on the deployment mode, the global robot software market can be categorized into on-premises and cloud-based, where on-premises currently hold the majority of the total market share.
Based on the enterprise size, the global robot software market has been segmented into small and medium-sized enterprises and large enterprises. Currently, large enterprises exhibit a clear dominance in the market.
Based on the end use industry, the global robot software market can be bifurcated into BFSI, automotive, retail and e-commerce, government and defense, healthcare, transportation and logistics, manufacturing, IT and telecommunications, and others. Among these, the manufacturing industry accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global robot software market include ABB Ltd., AIBrain Inc., Brain Corporation, Clearpath Robotics Inc., Furhat Robotics, H2O.ai Inc., International Business Machines Corporation, Neurala Inc., NVIDIA Corporation, Teradyne Inc., and The Boeing Company.
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