September 23, 2020

Robot Software Market Growth Prediction, Industry Trends, Upcoming Trends, Opportunity Assessment, Worldwide Growth, Market Players, Industry analysis, by Vertical, Forecast to 2025

Market Scenario

The Global Robot Software Market was valued at USD 1.59 billion in 2018 and is expected to reach USD 13.48 billion by 2024 registering a 44.45% CAGR during the forecast period. The increasing adoption of robots for commercial and industrial applications, developing artificial intelligence (AI) and Internet of Things (IoT) technologies, and increasing demand for advanced solutions by manufacturers to provide high-quality products at affordable prices  are some of the major driving factors of the robot software market. However, the lack of skilled expertise is one of the major restraining factors for this market.

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Key Players

The notable market players of the global market are IBM Corporation, Oxbotica, ABB Ltd, Energid Technologies, Nvidia Corporation, Microsoft Corporation, Cloudminds, Epson Robotics, Brain Corporation, iRobot, Aibrain, Neurala and Furhat robotics.

Market Segmentation

The global Robot Software Market has been segmented into software type, robot type, deployment, organization size, vertical, and region.

By software type, the market has been segmented into recognition software, simulation software, predictive maintenance software, data management software, and communication management software.

By robot type, the market has been segmented into industrial robots and service robots.

By deployment, the market has been sub-segmented into on-premise and on-cloud.

By organization size, the market has been classified into small & medium size enterprises (SMEs), and large enterprises.

Regional Analysis

Market Research Future (MRFR) study has covered the following countries in the regional analysis of the global robot software market the US, Canada, and Mexico in North America. Germany, the UK, France, Spain, and Italy in Europe. China, Japan, India, Singapore, Australia, the Philippines, and South Korea in Asia-Pacific. The Middle East & Africa and South America in the rest of the world.

Asia-Pacific is projected to be the fastest growing market for robot software. China, Japan, and South Korea are the primary economic countries and are the major manufacturing centers of semiconductors, electronics, energy & power, and pharmaceuticals products. Further, the increasing adoption of robots by the manufacturing and logistics industries is expected to fuel the growth of robot software market in the region.

LIST OF TABLES

Table 1 Robot Software Market, By Region, 2019–2024

Table 2 North America: Robot Software Market, By Country, 2019–2024

Table 3 Europe: Robot Software Market, By Country, 2019–2024

Table 4 Asia-Pacific: Robot Software Market, By Country, 2019–2024

Table 5 Rest Of The World: Robot Software Market, By Region, 2019–2024

Continued……

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LIST OF FIGURES

FIGURE 1 The Global Robot Software Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of The Global Robot Software Market

FIGURE 4 Value Chain/Supply Chain Of The Global Robot Software Market

FIGURE 5 Share Of The Global Robot Software Market In 2019, By Country (In %)

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