Strong Growth Ahead: Robotic Software Market Size To Grow At Arecord 25.3% Cagr By 2029

The Robotic Software Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Robotic Software Market Size Expected to Be by 2034?
The size of the robotic software market has experienced rapid expansion recently. The value is predicted to increase from a whopping $17.93 billion in 2024 to an even higher $22.53 billion in 2025, suggesting a compound annual growth rate (CAGR) of 25.7%. This significant market growth can be traced back to factors such as the broaden use of robot technology in assorted industries, the need for flawless precision in tasks like surgical operations, the forward leaps in robotics technology, specifically artificial intelligence and machine learning, the decline in the expense of robot work areas, and the upward trend in both the speed and efficiency of robots.

The market for robotic software is predicted to experience significant expansion in the coming years, reaching an expected value of $55.57 billion in 2029, and growing at a compound annual growth rate (CAGR) of 25.3%. The rapid growth during the forecasted period is mainly due to the increasing necessitation for automated solutions across diverse sectors, incorporation of innovative software in advanced robotic solutions, and the emerging needs for robotics in new application fields like logistics, healTH*Care, and consumer services. Additionally, the need for custom software in supporting these applications, and a sustained emphasis on improving the collaboration and safety features between humans and robots also contribute to this growth. In terms of the major trends during this forecasted period, we can expect to see the integration of artificial intelligence (AI) and machine learning (ML), the emergence of cooperative robots or cobots equipped with advanced software, the implementation of robotics-as-a-service (RaaS) models, and a growing emphasis on standardization and interoperability in robot software.

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What Are the Emerging Segments Within 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, HealTH*Care 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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What Long-Term Drivers Are Shaping Robotic Software Market Trends?
The increase in the use of automation in various industries is set to boost the growth of the robotic software market. Automation is the application of technologies in the production and delivery of goods and services with little human interaction. Its adoption is growing because it lowers operational expenses by enhancing efficiency, lowering labor costs, reducing mistakes, and maximizing resource use. Robotic software aids in the implementation of automation by providing organizations with a scalable, cost-effective, and easy-to-use solution for automating repetitive tasks and procedures, thereby increasing operational efficiency, agility, and a competitive edge in the current digital economy. For example, the State of Process Automation Report 2022 by Camunda, a German open-source platform, found in January 2022 that over four out of five respondents (82%) out of the 600 IT professionals surveyed from North America and Europe indicated that process automation is a higher priority for their organization than it had been the previous year. Consequently, the increased use of automation in multiple industries is fueling the growth of the robotic software market.

Who Are the Top Competitors in Key Robotic Software Market Segments?
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

What Are the Major Trends Shaping the Robotic Software Market?
Notable entities in the robotic software market are making strides in creating sophisticated technologies, such as visual servoing technology, to secure a competitive advantage. This technology involves a method used in robotics and computer vision that employs visual feedback from a camera to govern the movement of a robotic system. For example, in April 2022, ABB Robotics, an automation company headquartered in Switzerland, introduced High-Speed Alignment software, a forward-thinking software solution intended to transform speed and precision in electronics assembly. ABB's High-Speed Alignment software is noteworthy as the first offering in the market to aid manufacturers to boost the speed of 6-axis robots by 70% and improve precision by 50%. This progress significantly trims down time-to-market and raises exactitude standards. By harnessing Visual Servoing technology, the High-Speed Alignment software grants robots the ability to reach target positions for alignment tasks with unparalleled accuracy levels varying from 0.01 to 0.02 millimeters.

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Which Regions Are Becoming Hubs for Robotic Software Market Innovation?
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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Robotic Software Market?
2. What is the CAGR expected in the Robotic Software Market?
3. What Are the Key Innovations Transforming the Robotic Software Industry?
4. Which Region Is Leading the Robotic Software Market?

Why This Report Matters:

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