The global robot software market is anticipated to grow at a significant CAGR during the forecast period. The market is driven by the increasing needs of labor that will cost a minimum while maintaining high quality. Additionally, the increasing adoption of IoT and AI by the end-user industries will also fuel the growth of the robot software market. However, security threats such as malware attacks on Data gathered by the robots using the capabilities of AI and ML will restraint the robot software market during the forecast period. In addition to this, the growing concerns regarding the cyber security and data protection will significantly challenge the growth of the robot software market. Besides, the higher adoption of Robot as a Service (Raas) by small and medium enterprises especially in developing economies will present new growth opportunities to the robot software market.
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The global robot software market is segmented based on software type, robot type, and vertical. Based on the software type, the market is sub-segmented into recognition software, simulation software, predictive maintenance software, data management software, and communication management software. Based on the robot type, the market is bifurcated into industrial robots and service robots. Further, based on vertical, the market is sub-segmented into BFSI, Retail &E-commerce, government &defense, healthcare, IT &telecommunications, and others.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Robot Software Market by Software Type
- Recognition Software
- Simulation Software
- Predictive Maintenance Software
- Data Management Software
- Communication Management Software
Global Robot Software Market by Robot Type
- Industrial Robots
- Service Robots
Global Robot Software Market by Vertical
- BFSI
- Retail &E-commerce
- Government &Defense
- Healthcare
- IT &Telecommunications
- Others (Manufacturing and Transportation and Logistics)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- ABB Ltd.
- AIBrain Inc.
- Brain Corp.
- CloudMinds Technology Inc.
- Cyberbotics Ltd.
- Energid Technologies Corp.
- Epson America, Inc.
- FANUC UK Ltd.
- Furhat Robotics
- Google LLC (Alphabet Inc.)
- Hypertherm, Inc.
- IBM Corp.
- KUKA AG
- Liquid Robotics, Inc. (The Boeing Company)
- Microsoft Corp.
- Neurala, Inc.
- NVIDIA Corp.
- Oxbotica
- Rethink Robotics GmbH
- RoboDK Inc.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global robot software market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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