Robot software comprises coded commands programmed to instruct robots in performing tasks by controlling their actions and movements. It facilitates the quick programming of complex processes through intuitive desktop-style interfaces or icon-based graphical user interfaces, enabling the programming of industrial or service robots for various autonomous tasks.
The major types of software in robot software encompass recognition software, data management and analysis software, communication management software, simulation software, and predictive maintenance software. Recognition software is designed to program devices to recognize specific actions. Robot types include industrial robots and service robots, catering to enterprises of various sizes, including both large enterprises and small to medium-sized enterprises. Deployment models include on-premises and on-demand, and the software is utilized across various industry verticals such as manufacturing, healthcare, aerospace and defense, media and entertainment, logistics, and others.
The robot software report is one of a series of new reports that provides robot software statistics, including robot software industry global market size, regional shares, competitors with a robot software share, detailed robot software segments, market trends and opportunities, and any further data you may need to thrive in the robot software industry. This robot software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.
The robot software market size has grown exponentially in recent years. It will grow from $6.23 billion in 2023 to $8.07 billion in 2024 at a compound annual growth rate (CAGR) of 29.6%. The growth observed in the historical period can be attributed to the expansion of industrial automation, increased utilization of robotics in manufacturing processes, advancements in robot programming languages, the adoption of collaborative robots (cobots), and a growing demand for robot simulation and visualization software.
The robot software market size is expected to see exponential growth in the next few years. It will grow to $23.05 billion in 2028 at a compound annual growth rate (CAGR) of 30.0%. The anticipated growth in the forecast period can be attributed to the integration of artificial intelligence in robot software, the expansion of Robot Operating Systems (ROS), the adoption of cloud-based robot software, the growth in service robotics and personal robots, and increased usage of robot software in healthcare and logistics. Major trends expected in the forecast period include simulation-based robot training, open-source robot software development, the integration of augmented reality (AR) in robot software, a focus on human-robot collaboration and interface design, and the real-time monitoring and remote control of robots.
The rapid adoption of robot software by small and medium enterprises (SMEs) is anticipated to drive the growth of the robot software market in the future. Small and medium enterprises, denoting companies with a moderate workforce and a relatively modest capital investment, have increasingly turned to automation, employing robots in their business operations to cut down on labor and energy costs. This surge in automation has led to a heightened demand for robot software, enabling the programming of robots to execute various functions within SMEs. A study by HowToRobot. com in 2021 projects that within the next three years, robots will become a viable option for over 50% of SMEs, underscoring the significant role of robot software in this market expansion.
The growing demand for collaborative robots, or cobots, is poised to be a key driver of the robot software market. Cobots, designed to collaborate with humans in tasks or processes, operate in close proximity without posing substantial risks of injury. These robots establish new synergies between humans and machines, transforming manufacturing dynamics to enhance operational efficiency, increase production, and improve product quality by leveraging both automation and human capabilities. According to a sales report from the International Federation of Robotics (IFR) in October, cobots' market share has steadily risen, reaching a 10% share in 2022. The number of installed units witnessed a notable increase from 42,000 in 2021 to 55,000 in 2022, indicating a 31% growth. Thus, the escalating demand for collaborative robots is expected to provide impetus to the robot software market.
Technological advancement emerges as a prominent trend gaining traction in the robot software market. Key companies in the sector are concentrating on the development of cutting-edge products to deliver enhanced solutions and fortify their market positions. A case in point is ABB Robotics, a Switzerland-based company in the robot software sector, which introduced High-Speed Alignment Software in April 2022. This advanced robot software, employing Visual Serving technology for electronics assembly applications, utilizes image data as feedback to enhance operational accuracy. The incorporation of one or more cameras, along with a computer vision system, facilitates precise control of the robot's devices, resulting in increased productivity by 70% and accuracy by 50% for electronics assembly applications.
Major players in the robot software market are strategically establishing subsidiaries to elevate the quality of their products and services, thereby reinforcing their market standing. The establishment of specialized software subsidiaries enables companies to produce feature-rich, premium robot software that can be tailored to meet the unique requirements of clients and robots alike. An illustrative example is Alphabet Inc., a US-based multinational technology conglomerate, which announced the launch of Intrinsic in July 2021. As a new robotics software corporation stemming from its X research facility, Intrinsic is geared toward providing software tools that enhance the flexibility, affordability, and usability of industrial robots.
In April 2021, Accenture plc, an Ireland-based company in the robot software domain, acquired Pollux for an undisclosed amount. This strategic move by Accenture PLC aims to bolster its product portfolio in robot software, expanding its capabilities to serve clients in the consumer goods, pharmaceutical, and automotive industries. Pollux, a Brazil-based company, specializes in designing robotic hardware and software.
Major companies operating in the in the robot software market report are Asea Brown Boveri, AIBrain Inc, Brain Corp, CloudMinds Technologies Inc, Energid Technologies Corporation, Furhat Robotics, H2O. ai Inc, IBM Corporation, Liquid Robotics Inc, NVIDIA Corporation, Neurala Inc, Clearpath Robotics Inc, Oxbotica, Teradyne Inc, Accenture PLC, RoboGroup T. E. K. Ltd., Fanuc Corp., Universal Robots, Rethink Robotics Inc., Hypertherm Inc., Denso Corporation, Bionic Robotics GmbH, Kawasaki Robotics Inc., Toshiba Machine Co. Ltd., Omron Corporation, Staubli International AG, KUKA Midea Group, Robotnik Automation S. L. L., Intelitek Inc., Yaskawa Electric Corp.
North America was the largest region in the robot software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robot software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the robot software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The robot software market includes revenues earned by entities by traditional industrial robots and collaborative robots used for offline programming, middleware, mobile robot planning, real-time path planning, and UAV (drone) control. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The major types of software in robot software encompass recognition software, data management and analysis software, communication management software, simulation software, and predictive maintenance software. Recognition software is designed to program devices to recognize specific actions. Robot types include industrial robots and service robots, catering to enterprises of various sizes, including both large enterprises and small to medium-sized enterprises. Deployment models include on-premises and on-demand, and the software is utilized across various industry verticals such as manufacturing, healthcare, aerospace and defense, media and entertainment, logistics, and others.
The robot software report is one of a series of new reports that provides robot software statistics, including robot software industry global market size, regional shares, competitors with a robot software share, detailed robot software segments, market trends and opportunities, and any further data you may need to thrive in the robot software industry. This robot software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.
The robot software market size has grown exponentially in recent years. It will grow from $6.23 billion in 2023 to $8.07 billion in 2024 at a compound annual growth rate (CAGR) of 29.6%. The growth observed in the historical period can be attributed to the expansion of industrial automation, increased utilization of robotics in manufacturing processes, advancements in robot programming languages, the adoption of collaborative robots (cobots), and a growing demand for robot simulation and visualization software.
The robot software market size is expected to see exponential growth in the next few years. It will grow to $23.05 billion in 2028 at a compound annual growth rate (CAGR) of 30.0%. The anticipated growth in the forecast period can be attributed to the integration of artificial intelligence in robot software, the expansion of Robot Operating Systems (ROS), the adoption of cloud-based robot software, the growth in service robotics and personal robots, and increased usage of robot software in healthcare and logistics. Major trends expected in the forecast period include simulation-based robot training, open-source robot software development, the integration of augmented reality (AR) in robot software, a focus on human-robot collaboration and interface design, and the real-time monitoring and remote control of robots.
The rapid adoption of robot software by small and medium enterprises (SMEs) is anticipated to drive the growth of the robot software market in the future. Small and medium enterprises, denoting companies with a moderate workforce and a relatively modest capital investment, have increasingly turned to automation, employing robots in their business operations to cut down on labor and energy costs. This surge in automation has led to a heightened demand for robot software, enabling the programming of robots to execute various functions within SMEs. A study by HowToRobot. com in 2021 projects that within the next three years, robots will become a viable option for over 50% of SMEs, underscoring the significant role of robot software in this market expansion.
The growing demand for collaborative robots, or cobots, is poised to be a key driver of the robot software market. Cobots, designed to collaborate with humans in tasks or processes, operate in close proximity without posing substantial risks of injury. These robots establish new synergies between humans and machines, transforming manufacturing dynamics to enhance operational efficiency, increase production, and improve product quality by leveraging both automation and human capabilities. According to a sales report from the International Federation of Robotics (IFR) in October, cobots' market share has steadily risen, reaching a 10% share in 2022. The number of installed units witnessed a notable increase from 42,000 in 2021 to 55,000 in 2022, indicating a 31% growth. Thus, the escalating demand for collaborative robots is expected to provide impetus to the robot software market.
Technological advancement emerges as a prominent trend gaining traction in the robot software market. Key companies in the sector are concentrating on the development of cutting-edge products to deliver enhanced solutions and fortify their market positions. A case in point is ABB Robotics, a Switzerland-based company in the robot software sector, which introduced High-Speed Alignment Software in April 2022. This advanced robot software, employing Visual Serving technology for electronics assembly applications, utilizes image data as feedback to enhance operational accuracy. The incorporation of one or more cameras, along with a computer vision system, facilitates precise control of the robot's devices, resulting in increased productivity by 70% and accuracy by 50% for electronics assembly applications.
Major players in the robot software market are strategically establishing subsidiaries to elevate the quality of their products and services, thereby reinforcing their market standing. The establishment of specialized software subsidiaries enables companies to produce feature-rich, premium robot software that can be tailored to meet the unique requirements of clients and robots alike. An illustrative example is Alphabet Inc., a US-based multinational technology conglomerate, which announced the launch of Intrinsic in July 2021. As a new robotics software corporation stemming from its X research facility, Intrinsic is geared toward providing software tools that enhance the flexibility, affordability, and usability of industrial robots.
In April 2021, Accenture plc, an Ireland-based company in the robot software domain, acquired Pollux for an undisclosed amount. This strategic move by Accenture PLC aims to bolster its product portfolio in robot software, expanding its capabilities to serve clients in the consumer goods, pharmaceutical, and automotive industries. Pollux, a Brazil-based company, specializes in designing robotic hardware and software.
Major companies operating in the in the robot software market report are Asea Brown Boveri, AIBrain Inc, Brain Corp, CloudMinds Technologies Inc, Energid Technologies Corporation, Furhat Robotics, H2O. ai Inc, IBM Corporation, Liquid Robotics Inc, NVIDIA Corporation, Neurala Inc, Clearpath Robotics Inc, Oxbotica, Teradyne Inc, Accenture PLC, RoboGroup T. E. K. Ltd., Fanuc Corp., Universal Robots, Rethink Robotics Inc., Hypertherm Inc., Denso Corporation, Bionic Robotics GmbH, Kawasaki Robotics Inc., Toshiba Machine Co. Ltd., Omron Corporation, Staubli International AG, KUKA Midea Group, Robotnik Automation S. L. L., Intelitek Inc., Yaskawa Electric Corp.
North America was the largest region in the robot software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robot software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the robot software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The robot software market includes revenues earned by entities by traditional industrial robots and collaborative robots used for offline programming, middleware, mobile robot planning, real-time path planning, and UAV (drone) control. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Robot Software Market Characteristics3. Robot Software Market Trends And Strategies31. Global Robot Software Market Competitive Benchmarking32. Global Robot Software Market Competitive Dashboard33. Key Mergers And Acquisitions In The Robot Software Market
4. Robot Software Market - Macro Economic Scenario
5. Global Robot Software Market Size and Growth
6. Robot Software Market Segmentation
7. Robot Software Market Regional And Country Analysis
8. Asia-Pacific Robot Software Market
9. China Robot Software Market
10. India Robot Software Market
11. Japan Robot Software Market
12. Australia Robot Software Market
13. Indonesia Robot Software Market
14. South Korea Robot Software Market
15. Western Europe Robot Software Market
16. UK Robot Software Market
17. Germany Robot Software Market
18. France Robot Software Market
19. Italy Robot Software Market
20. Spain Robot Software Market
21. Eastern Europe Robot Software Market
22. Russia Robot Software Market
23. North America Robot Software Market
24. USA Robot Software Market
25. Canada Robot Software Market
26. South America Robot Software Market
27. Brazil Robot Software Market
28. Middle East Robot Software Market
29. Africa Robot Software Market
30. Robot Software Market Competitive Landscape And Company Profiles
34. Robot Software Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Robot Software Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on robot software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for robot software? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Software Type: Recognition Software; Data Management and Analysis Software; Communication Management Software; Simulation Software; Predictive Maintenance Software 2) By Robot Type: Industrial Robots; Service Robots 3) By Enterprise Size: Large Enterprises; Small and Medium Enterprises 4) By Deployment Model: On-Premises; On-Demand 5) By Industry Vertical: Manufacturing; Healthcare; Aerospace and Defense; Media and Entertainment; Logistics; Other Industry Verticals
- Companies Mentioned: Asea Brown Boveri; AIBrain Inc; Brain Corp; CloudMinds Technologies Inc; Energid Technologies Corporation
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Asea Brown Boveri
- AIBrain Inc
- Brain Corp
- CloudMinds Technologies Inc
- Energid Technologies Corporation
- Furhat Robotics
- H2O. ai Inc
- IBM Corporation
- Liquid Robotics Inc
- NVIDIA Corporation
- Neurala Inc
- Clearpath Robotics Inc
- Oxbotica
- Teradyne Inc
- Accenture PLC
- RoboGroup T. E. K. Ltd.
- Fanuc Corp.
- Universal Robots
- Rethink Robotics Inc.
- Hypertherm Inc.
- Denso Corporation
- Bionic Robotics GmbH
- Kawasaki Robotics Inc.
- Toshiba Machine Co. Ltd.
- Omron Corporation
- Staubli International AG
- KUKA Midea Group
- Robotnik Automation S. L. L.
- Intelitek Inc.
- Yaskawa Electric Corp.
Methodology
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