Robot Software Market
Global Robot Software Market Size, Share & Trends Analysis Report By Software Type (Recognition Software, Simulation Software, Predictive Maintenance Software, Data Management Software, and Communication Management Software), By Robot Type (Industrial Robots and Service Robots), By Vertical (BFSI, Retail & E-commerce, Government & Defense, Healthcare, IT & Telecommunications, and Others), and Forecast 2020-2026
The global robot software market is anticipated to grow at a significant CAGR during the forecast period. The market is driven by the increasing needs of labor that will cost a minimum while maintaining high quality. Additionally, the increasing adoption of IoT and AI by the end-user industries will also fuel the growth of the robot software market. However, security threats such as malware attacks on Data gathered by the robots using the capabilities of AI and ML will restraint the robot software market during the forecast period. In addition to this, the growing concerns regarding the cyber security and data protection will significantly challenge the growth of the robot software market. Besides, the higher adoption of Robot as a Service (Raas) by small and medium enterprises especially in developing economies will present new growth opportunities to the robot software market.
Segmental Outlook
The global robot software market is segmented based on software type, robot type, and vertical. Based on the software type, the market is sub-segmented into recognition software, simulation software, predictive maintenance software, data management software, and communication management software. Based on the robot type, the market is bifurcated into industrial robots and service robots. Further, based on vertical, the market is sub-segmented into BFSI, Retail &E-commerce, government &defense, healthcare, IT &telecommunications, and others.
Global Robot Software Market Share by Vertical, 2019 (%)
The Healthcare Segment will be the Significantly Growing Segment by Verticals
The health care segment is anticipated to grow with a considerable CAGR in the robot software market owing to the increasing application of robotic machines and software in the hospitals. The healthcare sector is growing considerably with the adoption of new and advanced technologies such as robots to provide better patient care. Additionally, the increasing adoption of robots in healthcare is owing to the advantages such as safer and more precise medical procedures with minimized cost. This is anticipated to increase the robot software market within the healthcare segment during the forecast period.
Regional Outlooks
The global robot software market is further segmented based on geography into North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to hold the largest market share in the robot software market during the forecast period. The growth of the market is attributed to the increasing robotic installation in various end-user industries. According to the International Federation of Robotics (IFR), the US Industrial robot installations has increased to more than 14% in 2017. Additionally, the growing automotive sector of the US will also fuel the growth of the robot software market as the automotive sector is the most recognized vertical for robots.
Global Robot Software Market Growth by Region, 2020-2026
Asia-Pacific will Augment with the Fastest Growth Rate in the Robot Software Market
Asia-Pacific is anticipated to grow at the fastest growth rate in the robot software market owing to the rising adoption of robotics in countries such as India, China, Japan, and South Korea. The increasing government initiative will also drive the market of robot software across the region. For instance, China in its 13th five-year plan launched in 2016 announced a series of 15 “Science and Technology Innovation 2030 Mega projects” that included both big data and intelligent manufacturing and robotics. Moreover, the increasing number of advanced manufacturing units in developing economies such as India and China will also fuel the robot software market across the region during the forecast period.
Market Players Outlook
Some of the key players of the robot software market includes ABB Ltd. AI Brain Inc., IBM Corp., NVIDIA Corp., and others. The market players are considerably contributing to the market growth by adopting various strategies including new product launch, mergers and acquisitions, collaborations with government, funding to the start-ups, and new product launches to stay competitive in the market.
Recent Activities
- In January 2020, NVIDIA Corp. announced the availability of Isaac SDK 2019.3 with new simulation capabilities and many more features. The company’s Isaac Software Development Kit (SDK) is the Robotic AI Development Platform with Simulation, Navigation, and Manipulation. The offerings in the kit include Isaac Engine, high-performance robotics algorithm packages (GEMs), hardware reference applications, and Isaac Sim for Navigation, a powerful simulation platform. The company’s SDK will aid in accelerating the robot development for manufacturers, researchers, and startups with the addition of AI for perception and navigation.
- In January 2019, NVIDIA Corp. announced the opening of a robotics research lab in Seattle, the US. The lab will be focused on robotics research to enable the next generation of robots that are used in industries such as manufacturing, logistics, healthcare, and more.
- In December 2019, Oxbotica signed an MoU with ZF to integrate its autonomous driving software with ZF’s automotive-grade Pro AI compute platform and sensor sets.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global robot software market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. ABB Ltd.
3.2.1.1. Overview
3.2.1.2. Financial Analysis
3.2.1.3. SWOT Analysis
3.2.1.4. Recent Developments
3.2.2. AIBrain Inc.
3.2.2.1. Overview
3.2.2.2. Financial Analysis
3.2.2.3. SWOT Analysis
3.2.2.4. Recent Developments
3.2.3. IBM Corp.
3.2.3.1. Overview
3.2.3.2. Financial Analysis
3.2.3.3. SWOT Analysis
3.2.3.4. Recent Developments
3.2.4. NVIDIA Corp.
3.2.4.1. Overview
3.2.4.2. Financial Analysis
3.2.4.3. SWOT Analysis
3.2.4.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Robot Software Market by Software Type
5.1.1. Recognition Software
5.1.2. Simulation Software
5.1.3. Predictive Maintenance Software
5.1.4. Data Management Software
5.1.5. Communication Management Software
5.2. Global Robot Software Market by Robot Type
5.2.1. Industrial Robots
5.2.2. Service Robots
5.3. Global Robot Software Market by Vertical
5.3.1. BFSI
5.3.2. Retail &E-commerce
5.3.3. Government &Defense
5.3.4. Healthcare
5.3.5. IT &Telecommunications
5.3.6. Others (Manufacturing and Transportation and Logistics)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. ABB Ltd.
7.2. AIBrain Inc.
7.3. Brain Corp.
7.4. CloudMinds Technology Inc.
7.5. Cyberbotics Ltd.
7.6. Energid Technologies Corp.
7.7. Epson America, Inc.
7.8. FANUC UK Ltd.
7.9. Furhat Robotics
7.10. Google LLC (Alphabet Inc.)
7.11. Hypertherm, Inc.
7.12. IBM Corp.
7.13. KUKA AG
7.14. Liquid Robotics, Inc. (The Boeing Company)
7.15. Microsoft Corp.
7.16. Neurala, Inc.
7.17. NVIDIA Corp.
7.18. Oxbotica
7.19. Rethink Robotics GmbH
7.20. RoboDK Inc.
1. GLOBAL ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY SOFTWARE TYPE, 2019-2026 ($ MILLION)
2. GLOBAL RECOGNITION SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL SIMULATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL PREDICTIVE MAINTENANCE SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL DATA MANAGEMENT SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL COMMUNICATION MANAGEMENT SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY ROBOT TYPE, 2019-2026 ($ MILLION)
8. GLOBAL INDUSTRIAL ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL SERVICE ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. GLOBAL ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2019-2026 ($ MILLION)
11. GLOBAL ROBOT SOFTWARE IN BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL ROBOT SOFTWARE IN RETAIL &E-COMMERCE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. GLOBAL ROBOT SOFTWARE IN GOVERNMENT &DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
14. GLOBAL ROBOT SOFTWARE IN HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
15. GLOBAL ROBOT SOFTWARE INIT &TELECOMMUNICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
16. GLOBAL ROBOT SOFTWARE IN OTHER VERTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
17. GLOBAL ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
18. NORTH AMERICAN ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
19. NORTH AMERICAN ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY SOFTWARE TYPE, 2019-2026 ($ MILLION)
20. NORTH AMERICAN ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY ROBOT TYPE, 2019-2026 ($ MILLION)
21. NORTH AMERICAN ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2019-2026 ($ MILLION)
22. EUROPEAN ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
23. EUROPEAN ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY SOFTWARE TYPE, 2019-2026 ($ MILLION)
24. EUROPEAN ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY ROBOT TYPE, 2019-2026 ($ MILLION)
25. EUROPEAN ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2019-2026 ($ MILLION)
26. ASIA-PACIFIC ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
27. ASIA-PACIFIC ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY SOFTWARE TYPE, 2019-2026 ($ MILLION)
28. ASIA-PACIFIC ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY ROBOT TYPE, 2019-2026 ($ MILLION)
29. ASIA-PACIFIC ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2019-2026 ($ MILLION)
30. REST OF THE WORLD ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY SOFTWARE TYPE, 2019-2026 ($ MILLION)
31. REST OF THE WORLD ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY ROBOT TYPE, 2019-2026 ($ MILLION)
32. REST OF THE WORLD ROBOT SOFTWARE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2019-2026 ($ MILLION)
1. GLOBAL ROBOT SOFTWARE MARKET SHARE BY SOFTWARE TYPE, 2019 VS 2026(%)
2. GLOBAL ROBOT SOFTWARE MARKET SHARE BY ROBOT TYPE, 2019 VS 2026(%)
3. GLOBAL ROBOT SOFTWARE MARKET SHARE BY VERTICAL, 2019 VS 2026(%)
4. GLOBAL ROBOT SOFTWARE MARKET SHARE BY GEOGRAPHY, 2019 VS 2026(%)
5. US ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
7. UK ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
8. FRANCE ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
9. GERMANY ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
10. ITALY ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
11. SPAIN ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
12. ROE ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
13. INDIA ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
14. CHINA ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
15. JAPAN ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF ASIA-PACIFIC ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
17. REST OF THE WORLD ROBOT SOFTWARE MARKET SIZE, 2019-2026 ($ MILLION)
