Press release
Mobile Robotics Software Market Poised to Hit $27.82 Billion by 2029 with Accelerating Growth Trends
Mobile Robotics Software
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What Will the Mobile Robotics Software Industry Market Size Be by 2025?_x000D_
In recent times, the market size of mobile robotics software has experienced swift growth. With a compound annual growth rate (CAGR) of 11.6%, it's expected to increase from $16.37 billion in 2024 to $18.27 billion by 2025. Factors contributing to the growth during the historic period include progressive advancements in sensor technology, improved computing power, developments in the fields of artificial intelligence and machine learning, and the growing demand for automation and efficiency across diverse industries. Furthermore, enhancing safety and flexibility in robotic systems also added to this market growth._x000D_
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What's the Long-Term Growth Forecast for the Mobile Robotics Software Market Size Through 2029?_x000D_
The market for mobile robotics software is projected to expand swiftly in the upcoming years, reaching a valuation of $27.82 billion in 2029 with a compound annual growth rate (CAGR) of 11.1%. This growth throughout the forecasted period can be linked to the surge of Internet of Things (IoT) technology, the burgeoning e-commerce and logistics sectors, wider embrace of automation across manufacturing and healthcare, the growing need for self-driving vehicles and drones, and advancements in cloud and edge computing capabilities. Prominent trends within this period consist of the emergence of cooperative robots (cobots), the incorporation of artificial intelligence and machine learning for adaptive and forecast capabilities, the broadening presence of autonomous mobile robots (AMRs) within logistics and warehousing, the rise of service robots within healthcare and retail sectors, and the creation of software solutions tailored for swarm robotics and multi-robot coordination._x000D_
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What Are the Key Growth Drivers Fueling the Mobile Robotics Software Market Expansion?_x000D_
The mobile robotics software market is anticipated to experience growth spurred by the escalating demand for automation. This term refers to the use of technology to assist in goods and services production and delivery with as little human intervention as possible. Automation is becoming increasingly sought after across various industries due to its ability to lower operational costs. It achieves this by enhancing efficiency, cutting back on labor costs, reducing mistakes, and optimizing the use of resources. Mobile robotics software plays a crucial role in facilitating automation, enabling businesses to refine their processes, augment productivity, and maintain competitiveness in the rapidly evolving commercial market. For example, the International Federation of Robotics, a non-profit organization based in Germany, reported in September 2023, that there were 553,052 industrial robot installations in factories across the globe, indicative of a 5% year-on-year growth rate in 2022. Hence, the rising demand for automation is a significant factor propelling the expansion of the mobile robotics software market._x000D_
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What Are the Key Trends Driving Mobile Robotics Software Market Growth?_x000D_
Leading businesses in the mobile robotics software market are concentrating on the creation of superior, technologically advanced tools like plug-and-play integration software to achieve a competitive advantage in the marketplace. Plug-and-play integration software entails software solutions engineered for effortless and flawless amalgamation of disparate systems, devices or software applications, circumventing the need for exhaustive tailoring or configuration. For example, Barcodes Group, a US technology enterprise offering services, software, and products, initiated its autonomous mobile robotics (AMR) collection inclusive of plug-and-play integration software in March 2023. This collection is customized for a range of applications from warehouse fulfillment to manufacturing, while promising to augment speed and efficiency without substantial cost or infrastructural alterations. The collection comprises 12 robot models, swift integration software, fully compatible fleet management software, and inclusive deployment support._x000D_
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How Is the Mobile Robotics Software Market Segmented?_x000D_
The mobile robotics softwaremarket covered in this report is segmented -_x000D_
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1) By Type: Land Or Home Robots (UGVs), Aerial Robots (UAVs), Underwater Robots (AUVs)_x000D_
2) By Technology: AI And Machine Learning, Computer Vision, Sensors And Actuators, Navigation And Mapping_x000D_
3) By Application: Delivery And Transportation, Agriculture And Industrial, Medical, Entertainment, Other Applications_x000D_
4) By End-User: Military And Defense, Commercial, Consumer_x000D_
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Subsegments:_x000D_
1) By Land or Home Robots (UGVs): Service Robots, Industrial Robots, Autonomous Mobile Robots (AMRs), Robotic Process Automation (RPA) Robots_x000D_
2) By Aerial Robots (UAVs): Commercial Drones, Military Drones, Agricultural Drones, Surveillance And Inspection Drones_x000D_
3) By Underwater Robots (AUVs): Remotely Operated Vehicles (ROVs), Autonomous Underwater Vehicles (AUVs), Hybrid AUV Or ROV Systems_x000D_
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Which Companies Are Leading the Charge in Mobile Robotics Software Market Innovation?_x000D_
Major companies operating in the mobile robotics software market are Lockheed Martin Corporation, ABB Ltd., Omron Corporation, KUKA Group, iRobot Corporation, Universal Robots AS, Brain Corp., Locus Robotics Corporation, Aethon Inc ., Fetch Robotics Inc., Liquid Robotics Inc., ROBOTIS Co. Ltd., SEER Robotics Corporation, Realtime Robotics Inc., Neurala Inc., Accelerated Dynamics X Ltd., EZ-Robot Inc., GeckoSystems International Corporation, Metrologic Group, RUVU Robotics Corporation, HG Robotics, Asimov Robotics Pvt. Ltd., Energid Technologies Corporation, iQuotient Robotics LLC, ZOUDA Studios Limited_x000D_
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Which Regions Are Leading the Global Mobile Robotics Software Market in Revenue?_x000D_
North America was the largest region in the mobile robotics software market in 2024. The regions covered in the mobile robotics software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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