Robot Software Market Size, Share, Growth and Report | 2023-2028 | Competitive Analysis and Segmentation

The latest report published by IMARC Group, titled "Robot Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global robot software market size reached US$ 14.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 43.5 Billion by 2028, exhibiting a growth rate (CAGR) of 18.6% during 2023-2028. Robot software entails a set of commands and programmed inputs that assist mechanical devices and electronic systems in executing specific operations for attaining desired outcomes. It enables systems to perceive, learn, and maintain network security. Robot software is extensively used to control user interface (UI), reduce operational cost, increase productivity, improve internal procedures and eliminate human errors. Consequently, robot software finds extensive applications in manufacturing units to perform automated tasks, including data analysis and triangulation.

Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2022

Historical Period: 2017-2022

Forecast Period: 2023-2028

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Robot Software Market Trends: 

The rapid adoption of robot software for automating, leveraging, mass-producing, and operating numerous functionalities across various industrial verticals is the key factor primarily driving the market growth. In addition to this, the emergence of Industry 4.0 and the rising demand for precision manufacturing are bolstering the market growth. The shifting preference toward robotic technologies in the healthcare and chemical sectors is acting as another factor significantly contributing to the market growth. Moreover, the integration of artificial intelligence (AI) in robots, the utilization of robotic operating systems (ROS) frameworks, and the rising need for surgical robots and pharmacy and lab automation are creating a positive outlook for the market. Apart from this, the rising demand for packaged food items has compelled manufacturers in the food and beverage (F&B) industry to automate their production processes and mass-produce products with high yields and precision, which is boosting the market growth.

Robot Software Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the robot software market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

ABB Ltd.
AIBrain Inc.
Brain Corporation
Clearpath Robotics Inc.
Furhat Robotics
ai Inc.
International Business Machines Corporation
Neurala Inc.
NVIDIA Corporation
Teradyne Inc
The Boeing Company.

Key Market Segmentation:

The report has segmented the identity verification market on the basis of software type, robot type, deployment mode, enterprise size and end use industry.

Breakup by Software Type:

Recognition Software
Simulation Software
Predictive Maintenance Software
Data Management and Analysis Software
Communication Management Software

Breakup by Robot Type:

Industrial Robots
Service Robots

Breakup by Deployment Mode:

On-premises
Cloud-based

Breakup by Enterprise Size:

Small and Medium-sized Enterprises
Large Enterprises

Breakup by End Use Industry:

BFSI
Automotive
Retail and E-Commerce
Government and Defense
Healthcare
Transportation and Logistics
Manufacturing
IT and Telecommunications
Others

Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key Highlights of the Report:                                                           

Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Country: United States

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.