The global robot software market is estimated to grow at a significant CAGR during the forecast period. Robot software is an AI-based system used to guide the functions the robot performs. It is a set of coded instructions which performs the functions of a robot. Robot software enables functions for increased intelligence, motion, safety, and productivity, and gives the power to make the robots see, feel, learn, and maintain security. These functions and advantages allow users to quickly and easily get their robots up and running at maximum productivity.
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The major factors propelling the growth of the robot software market are the adoption of artificial intelligence, minimization of labor cost, improved accuracy, enhanced speed, increased quality, and scalability of production. The global robot software market has vast opportunities in the small, medium, and large-scale industries.
Growing adoption of robots across several end-user industries like manufacturing, electrical and electronics, food & beverage, automotive and process controls are seen as primary growth propel for the robotics software platforms market over the forecast timeline. Increasing utilization of robots in varied end-user industries helps in meeting customized demand while concurrently helping lower labor costs.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Software Type
o By Robot Type
o By Deployment Mode
o By Organization Size
o By Vertical
- Competitive Landscape: ABB (Switzerland), AIBrain (US), Brain Corp (US), CloudMinds (US), Energid Technologies (US).
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Robot Software Market by Segment
By Software Type
- Recognition software
- Simulation software
- Predictive maintenance software
- Data management and analysis software
- Communication management software
By Robot type
- Industrial robots
- Service robots
By Deployment Mode
- On-premises
- On-demand
By Organization Size
- Large enterprises
- Small and Medium-sized Enterprises (SMEs)
By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- Retail and eCommerce
- Government and Defense
- Healthcare and Life Sciences
- Transportation and Logistics
- Manufacturing
- Telecommunications and IT
- Academia and Research
- Others (travel and hospitality, energy and utilities, and real estate)
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
