Press release
Robotic Software Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Robotic Software Market Outlook
The robotic software market has seen exponential growth in recent years. It will expand from $17.93 billion in 2024 to $22.53 billion in 2025, at a CAGR of 25.7%. This growth is driven by the wider adoption of robots across various industries, the demand for precision in tasks like surgery, advancements in robotics technology such as artificial intelligence and machine learning, a decrease in the cost of robot work cells, and the increasing speed and throughput of robots.
The robotic software market is anticipated to grow exponentially in the coming years, reaching $55.57 billion by 2029 at a CAGR of 25.3%. The growth can be attributed to the increasing demand for automation solutions across industries, the integration of advanced robotics with innovative software, the expansion of robotics in sectors like logistics and healthcare, and a focus on human-robot collaboration and safety. Major trends include AI and machine learning integration, the rise of collaborative robots (cobots), advanced software-equipped robots, the adoption of robotics-as-a-service (RaaS), and growing focus on interoperability and software standardization.
What Are the Primary Growth Drivers for the Robotic Software Market?
The increasing automation across industries is expected to support the growth of the robotic software market. Automation involves leveraging technology to manufacture goods and deliver services with minimal human intervention. Organizations are increasingly adopting automation to enhance efficiency, lower operational costs, reduce human error, and optimize resource usage. Robotic software facilitates automation by providing cost-effective, scalable, and user-friendly solutions that streamline repetitive tasks, improving productivity and competitiveness. For example, the 2022 State of Process Automation Report by Camunda, a Germany-based open-source platform, found that 82% of surveyed IT professionals in North America and Europe considered process automation a higher priority than in the previous year. Therefore, the rising adoption of automation across industries is propelling the growth of the robotic software market.
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Who Are the Dominant Companies Influencing Robotic Software Market Trends?
Major companies operating in the robotic software market are ABB Ltd., CloudMinds Technology Inc., NVIDIA Corporation, International Business Machines Corporation (IBM), Liquid Robotics Inc., Clearpath Robotics, Universal Robots AS, Dassault Systèmes, Aibrain Inc., Furhat Robotics, Energid Technologies Corporation, H2O.ai, Brain Corporation, Rockwell Automation, Anduril Industries, Boston Dynamics, FANUC Corporation, Yaskawa Electric Corporation, Keenon Robotics, Energy Robotics, Vecna Robotics, Rapid Robotics, ANYbotics, FORT Robotics Inc., Wandelbots GmbH
How Is the Robotic Software Market Evolving?
Key players in the robotic software market are advancing visual servoing technology to maintain a competitive edge. This technology utilizes camera-based visual feedback to control robotic movements. For example, in April 2022, ABB Robotics, a Switzerland-based automation firm, launched High-Speed Alignment software, a breakthrough solution aimed at increasing speed and precision in electronics assembly. This software enables 6-axis robots to operate 70% faster and with 50% greater accuracy. Leveraging visual servoing technology, the software ensures precise alignment with an accuracy range of 0.01 to 0.02 millimeters, accelerating time-to-market and enhancing manufacturing efficiency.
What Are the Different Segmentations in the Robotic Software Market?
The robotic software market covered in this report is segmented -
1) By Robot Type: Industrial Robot, Service Robot
2) By Software Type: Recognition software, Simulation Software, Predictive Maintenance Software, Data Management And Analysis Software, Communication Management Software
3) By Enterprise Size: Large Enterprise, Small And Medium Enterprises (SMEs)
4) 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, Other Verticals
Subsegments:
1) By Industrial Robot: Articulated Robots, SCARA Robots, Cartesian Robots, Collaborative Robots (Cobots), Delta Robots
2) By Service Robot: Professional Service Robots, Personal Service Robots
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Which Region Is at the Forefront of the Robotic Software Market?
North America was the largest region in the robotic software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robotic software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Robotic Software Global Market Report?
- Market Size Analysis: Analyze the Robotic Software Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Robotic Software Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Robotic Software Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Robotic Software Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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