ROBOT SOFTWARE MARKET ANALYSIS

Robot Software MarketSize and Trends

Robot software consists of a set of coded commands or instructions that tell a machine-driven device about the tasks to be performed. This software allows tasks to perform autonomously. Several software systems and frameworks such open source frame work and software based framework are available for easing robot programming. These software also aid in reducing the error rates, etc. for application in various verticals. Therefore advantages offered by such software is expected to aid in growth of adoption in various sectors, in turn driving growth of the market.

Rising demand for robots in various industries is expected to aid in growth of the robotic software market over the forecast period

Increasing use of robots in verticals such as healthcare, telecommunication and IT, and manufacturing is one of the major driving factors for the market growth. Businesses are adopting robotics to increase efficiency, for better output and in lesser turnaround time. This helps enterprises to focus on creative, strategic, and customer-facing roles rather than manual and repetitive tasks. These factors, in turn, are expected to aid in growth of robotics software market.

Robot Software Market: Taxonomy

By Deployment Model:

• On-premises
• On-demand

By Robot:

• Industrial robots
• Service robots

By Software Type:

• Recognition software
• Simulation software
• Predictive maintenance software 
• Data management and analysis software
• Communication management software

By Organization Size:

• Small Enterprises
• Medium Enterprises
• Large Enterprises (SMEs)

By Vertical:

• Banking, Financial Services, and Insurance (BFSI)
• Retail
• Government and Defense
• Healthcare and Life Sciences
• Transportation and Logistics
• Manufacturing
• Telecommunications and IT
• Others

Robot Software Market: Taxonomy