Robot Software Market Size, Share, Growth, Forecast 2030

Robot Software Market

Robot Software Market: By Type (Service Robots and Industrial Robots), By Application (Residential, Commercial, and Industrial) By End Use (Manufacturing, Retail and ecommerce, Telecom and IT, Government and Defense, Transportation and Logistics, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018-2025.

Category: Technology & Media Report Format : PDF Pages: 147 Report Code: ZMR-5082 Published Date: Nov-2019 Status : Published
Market Size in 2019 Market Forecast in 2025 CAGR (in %) Base Year
USD 1.65 Billion USD 14.72 Billion 44.68% 2019

According to the report, global demand for robot software market was valued at USD 1,745.5 Million in 2018, and is expected to reach USD 22,740.3 Million in 2025, growing at a rate of CAGR 44.3% between 2019 and 2025.

Robot software is used to perform certain tasks to achieve a desired output over a command through coded inputs. The demand for industrial robots has increased since 2010. Robot software market is expected to witness a substantial growth from 2019 to 2025 due to adoption of Internet of Things, artificial intelligence (AI), and other software technologies. Robot software is used in various industries such as logistics, manufacturing, and many more. In commercialization, the electronics industry has witnessed 18% growth, followed by 16% growth in automotive and metal industry in 2016.

Robot Software Market: Overview

Increasing demand of automated technology drives the robot software market. Several industries are focusing towards adopting advanced technologies for business process automation, to enhance their manufacturing process and quality as well as reducing cost and production time. Several other factors that drive the usage of robot software are to manage highly repetitive tasks like managing billing system. Increasing adoption of latest technologies in logistics for effective and efficient task management will further boost the growth of robot software market Adoption of service robots has also increased in various sectors. One of such example is that of retail sector use service robots to enhance customer experience. Thus robot software market is anticipated to grow over the coming years. However, major restraining factor for the development of the robot software market is malware attack on data engulfed by robots.

Global Robot Software Market Request Free Sample

Robot software market is bifurcated on the basis of type, application and region. Based on type segment robot software market further segmented into service robots and industrial robots. Industrial Robots segment is expected to hold a notable share in robot software market during the estimated timespan. This share is attributed to increasing adoption in manufacturing process and quality checks. Around 40% of robots are used for material handling in most of industries in year 2016. On the basis of application robot software market is divided into residential, commercial, and industrial. Commercial segment projected to grow at a considerable rate due to adoption of latest and advanced technologies in task management.

Robot Software Market: Report Scope

Report Attributes Report Details
Report Name Robot Software Market Research Report
Market Size in 2019 USD 1.65 Billion
Market Forecast in 2025 USD 14.72 Billion
Growth Rate CAGR of 44.68%
Number of Pages 210
Key Companies Covered IBM Corporation, Microsoft Corporation, Epson, iRobot, Neurala, Inc., AIBrain, Furhat Robotics, Energid Technologies Corporation, CloudMinds Technolgy, Inc., and Oxbotica
Segments Covered By Type, By Application and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2019
Historical Year 2016 to 2020
Forecast Year 2019 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Plate Rolling Machine Market: Competitive Space

Top players in the robot software market are IBM Corporation, Microsoft Corporation, Epson, iRobot, Neurala, Inc., AIBrain, Furhat Robotics, Energid Technologies Corporation, CloudMinds Technolgy, Inc., and Oxbotica among others.

Plate Rolling Machine Market: Regional Insights

North America is anticipated to witness substantial growth in robot software market due to large investments along with its high adoption rate in logistics. The U.S and Canada are major contributors in terms of revenue generation for the market. Asia Pacific region is projected to hold a significant share in robot software market. This share is due to the growing demand for robotics in manufacturing sector. Lack of skilled labor is another factor for market development in this region.

Global Robot Software Market SizeRequest Free Sample

Several countries contributing to growth are India, Singapore, South Korea, Japan and China. As Singapore will have a significant growth in the industry in Asia Pacific, as Singapore had 488 robots per 10,000 employees in 2016. China is driving the robot software market in region, due to increasing demand for robotics in electronic and automotive manufacturing sector.

The report segments the global robot software market as follows:

Global Robot Software Market – Basis of Type Segment Analysis

  • Service Robots
  • Industrial Robots

Global Robot Software Market - Application Segment Analysis

  • Residential
  • Commercial
  • Industrial

Global Smart Bottle Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Global Robot Software Market was capitalized at USD 1.65 billion in 2019 and is projected to attain USD 14.72 billion by 2025 witnessing growth with 44.68% CAGR during the forecasted period 2019–2025

Top players in the robot software market are IBM Corporation, Microsoft Corporation, Epson, iRobot, Neurala, Inc., AIBrain, Furhat Robotics, Energid Technologies Corporation, CloudMinds Technolgy, Inc., and Oxbotica among others.

North America is anticipated to witness substantial growth in robot software market due to large investments along with its high adoption rate in logistics. The U.S and Canada are major contributors in terms of revenue generation for the market. Asia Pacific region is projected to hold a significant share in robot software market. This share is due to the growing demand for robotics in manufacturing sector. Lack of skilled labor is another factor for market development in this region.

Increasing demand of automated technology drives the robot software market. Several industries are focusing towards adopting advanced technologies for business process automation, to enhance their manufacturing process and quality as well as reducing cost and production time. Several other factors that drive the usage of robot software are to manage highly repetitive tasks like managing billing system. Increasing adoption of latest technologies in logistics for effective and efficient task management will further boost the growth of robot software market Adoption of service robots has also increased in various sectors.

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