Robot Software Market to 2022 - Growing Steady at 45.8% CAGR and Projected to Reach US$ 7527.1 Million

According to Market Study Report, Robot Software Market provides a comprehensive analysis of the Robot Software Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Robot Software Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Robot Software Market size is expected to grow from USD 1,142.2 Million in 2017 to USD 7,527.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 45.8%. This report spread across 132 Pages, Profiling 12 Companies and Supported with 65 Tables and 35 figures are now available in this research.

Top Companies profiled in the Robot Software Market:
o ABB(Switzerland)
o AIBrain (US)
o Brain Corp (US)
o CloudMinds (US)
o Energid Technologies (US)
o Furhat Robotics (Sweden)
o H2O.ai (US)
o IBM (US)
o Liquid Robotics (US)
o Neurala (US)
o NVIDIA (US)
o Oxbotica (UK)

"Recognition software is estimated to hold the largest market size in 2017 in the robot software market."
Recognition software consists of various modules used for object, voice, speech, image, gesture, facial, and character recognition. The recognition software provides highly integrated tools that help bot developers integrate AI into the software to enable the robot to tackle problems, such as language and dialog skills.

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Asia Pacific (APAC) is expected to have the highest growth rate during the forecast period in the robot software market by region
The APAC region is expected to provide significant growth opportunities over the next 5 years. The top countries contributing to the growth of the robot software market in this region are China, Japan, Singapore, South Korea, and India. China is expected to be at the forefront in the adoption of AI in robotics. The Chinese market is driven by exporting cost-effective products across the globe. Thus, the market offers tremendous opportunities to the robot software vendors to sell their software and solutions in China. Moreover, the Chinese market is expected to proliferate its expenditure related to AI and robotics, as the country in its 13th five-year plans has categorically prioritized its focus on AI and robotics.

Competitive Landscape of Robot Software Market:
1 Overview
2 Prominent Players in the Robot Software Market
3 Competitive Scenario
3.1 New Product Launches and Product Upgradations
3.2 Partnerships, Collaborations, and Agreements
3.3 Mergers and Acquisitions
3.4 Business Expansions

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Report Coverage:
The report segments the robot software market on the basis of software types(recognition software, simulation software, predictive maintenance, data management and analysis software, and communication management software), robot types(industrial robots and service robots), deployment models(on-premises and on-demand), organization sizes(large enterprises and SMEs), verticals(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, and others), and regions (North America, Europe, APAC, Middle East and Africa (MEA), and Latin America).

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