Robot Software Market by Robot Type (Industrial Robots and Service Robots), Software Type (Recognition Software, Simulation Software, Predictive Maintenance Software, Communication Management Software, and Data Management & Analysis Software), by Deployment (On-premise and On-cloud), by Organization Size (Small & Medium Enterprises and Large Enterprises), by End-User (BFSI, Retail & E-commerce, Government, Healthcare, Logistics, Manufacturing, IT & Telecommunication)- Global Opportunity Analysis and Industry Forecast 2023-2030

Robot Software Market

Industry:  ICT & Media | Publish Date: Jul 2023 | No of Pages:  N/A | No. Tables:  N/A | No. Figures:  N/A

Market Definition

The global Robot Software Market size was valued at USD 7.8 billion in 2022 and is predicted to reach USD 45.5 billion by 2030 with a CAGR of 23.9% from 2023-2030.

Robot software refers to a specialized type of software designed to enable the programming and control of robots. It acts as the intermediary between the robot's hardware and the user, allowing for seamless communication and coordination. Robot software provides a range of functionalities, including programming, motion control, sensor integration, data processing, and task execution. It allows users to design, simulate, and program robot movements and behaviours, enabling robots to perform specific tasks autonomously or under human supervision. This software often includes intuitive interfaces and programming languages that simplify the process of instructing robots and configuring their behaviours.

Market Dynamics and Trends

The increasing adoption of automation and robotics across industries as companies are recognizing the benefits of using robots to streamline processes, improve efficiency, and reduce costs, is driving the robotic software market growth. Moreover, advancements in technology such as artificial intelligence (AI) and machine learning, enhance the capabilities of robots, enabling them to perform complex tasks with increased autonomy and adaptability further boosting the growth of the robot software industry.

Furthermore, the growing digitalization coupled with the increasing focus on boosting productivity and reducing human errors is driving the demand for automation software that enables precise control, optimization, and coordination of robotic systems.

However, the high installation and implementation cost of bot software is the major factor restraining the growth of the market. On the contrary, integration of industrial 4.0’s digital technologies and automation, coupled with the flexible deployment models offered by the robot as a service (RaaS) enable businesses to enhance their productivity & cost-effectiveness, while also facilitating seamless communication and coordination in manufacturing processes is expected to create ample opportunities in the growth of the robot software market in the coming years.


Market Segmentations and Scope of the Study

The robot software market share is segmented on the basis of robot type, software type, deployment, organization size, end-user, and geography. On the basis of robot type, the market is divided into industrial robots and service robots. Industrial robots are further divided into ground, aerial, and underwater. Industrial robots are further divided into traditional industrial robots and collaborative industrial robots. Based on software type, the market is classified into recognition software, simulation software, predictive maintenance software, communication management software, and data management and analysis software.

On the basis of deployment, the market is classified into on-premise and on-cloud. On the basis of organization size, the market is segmented into small & medium enterprises and large enterprises. On the basis of end-user, the market is divided into banking, financial services, and insurance (BFSI), automotive, retail and e-commerce, aerospace & defense, healthcare and life sciences, transportation and logistics, manufacturing, telecommunications and it, academia and research, media & entertainment, and other sectors. Geographic breakdown and analysis of each of the aforesaid segments include regions comprising of North America, Europe, Asia-Pacific, and RoW.


Geographical Analysis

Asia Pacific holds the lion's share of the robot software market and is expected to continue its dominance during the forecast period. The growing e-commerce industry in the Asia Pacific region is driving the growth of the robot software market as businesses seek automation solutions to optimize order fulfillment and logistics processes.

According to the International Trade Administration, China is the largest e-commerce market globally as it reached USD 2.29 trillion in 2020 and is expected to reach USD 3.56 trillion by 2024. The presence of such huge e-commerce industry requires efficient and accurate handling of inventory to enhance the productivity and customer satisfaction in the highly competitive e-commerce market of this region.

Moreover, the growing BFSI sector in this region and the increasing adoption of robot software technology to automate repetitive and rule-based tasks such as account opening and closing and customer service inquiries are further driving the growth of the robot software market. According to the China Banking and Insurance Regulatory Commission, China's BFSI is one of the largest industries in the world with total assets of these sectors valued at USD 51.19 trillion in 2022. With the growing BFSI sector, the need for robotic software technology to streamline numerous tasks is rising, thereby driving the growth of the robot software market.

On the other hand, North America is expected to show a steady rise in the growth of the robot software market. This is attributed to factors such as the growing adoption of robotic software technology by the healthcare sectors in North America to automate repetitive tasks such as patient registration, report generation, and claims processing to streamline these processes.

According to the Centers for Medicare & Medicaid Services, healthcare spending in the U.S. grew from 4.1 trillion in 2020 to 4.3 trillion in 2021. As healthcare expenditures continue to rise, there is a growing demand for RPA to automate various repetitive tasks in the healthcare industry, driving the growth of the RPA market. Moreover, the presence of key market players such as NVIDIA, IBM Corporation, and Brain Corp plays a major role in the growth of the robot software market in this region.

For instance, in November 2021, NVIDIA announced the launch of a new computational infrastructure specifically designed for medical devices and robotics called NVIDIA Clara AGX, which aims to accelerate the development and deployment of advanced healthcare and robotics applications by providing powerful AI computing capabilities. By leveraging this infrastructure, healthcare professionals and roboticists can enhance the performance and intelligence of their devices, enabling more precise diagnostics, personalized treatments, and efficient automation in healthcare settings.


Competitive Landscape

Various market players operating in the robot software market report include International Business Machines Corporation (IBM), NVIDIA Corporation, ABB Ltd., FANUC Corporation, Teradyne Inc., Inc., Brain Corp, CloudMinds Technologies Inc., Clearpath Robotics Inc., Neurala Inc., and others. These market players are adopting various strategies such as product launches, and acquisitions to remain dominant in the robot software market.

For instance, in October 2022, Clearpath Robotics launched the new outdoor autonomy software, aimed at enabling robots to navigate and operate efficiently in outdoor environments using advanced algorithms and sensing capabilities to ensure safe and reliable autonomous navigation, even in challenging outdoor conditions. With this innovative software, Clearpath Robotics aims to expand the applications of its robots, providing solutions for various industries such as agriculture, mining, and infrastructure inspection, where outdoor operations are essential.

Moreover, in November 2022, Brain Corp launched a new AI platform aimed at revolutionizing the way robots are managed and operated. The platform offers advanced features such as autonomous navigation, real-time data insights, and remote monitoring, empowering businesses to optimize their robotic operations and improve productivity in various industries by enabling seamless integration into existing workflows and unlocking new possibilities for automation in supply chain and logistics operations.

Furthermore, in July 2021, ABB announced the acquisition of ASTI Mobile Robotics Group, a global provider of autonomous mobile robots (AMRs). This strategic move aims to drive the next generation of flexible automation by combining ABB's industry expertise with ASTI's advanced AMR solutions. The acquisition was aimed at enabling ABB to expand its robotics and automation portfolio, offering innovative solutions to meet the evolving needs of industries seeking flexible and autonomous automation capabilities.

Key Benefits

  • The report provides quantitative analysis and estimations of the robot software market trends from 2023 to 2030, which assists in identifying the prevailing market opportunities.

  • The study comprises a deep-dive analysis of the robot software market including the current and future trends to depict prevalent investment pockets in the market.

  • Information related to key drivers, restraints, and opportunities and their impact on the robot software market is provided in the report. 

  • Competitive analysis of the players, along with their market share is provided in the report.

  • SWOT analysis and Porters Five Forces model is elaborated in the study.

  • Value chain analysis in the market study provides a clear picture of roles of stakeholders.

Robot Software Market Key Segments

By Robot Type 

  • Industrial Robots 

    • Traditional Industrial Robots

      • Articulated robots

      • SCARA robots

      • Parallel robots

      • Cartesian robots

      • Other robots

    • Collaborative Industrial Robots

  • Service Robots

    • Ground

    • Aerial

    • Underwater

By Software Type

  • Recognition Software

  • Simulation Software

  • Predictive Maintenance Software 

  • Communication Management Software

  • Data Management and Analysis Software

By Deployment 

  • On-premise

  • On-cloud

By Organization Size

  • Small & Medium Enterprises 

  • Large Enterprises

By End-User

  • Banking, Financial Services, and Insurance (BFSI)

  • Automotive

  • Retail and eCommerce

  • Aerospace & Defense

  • Healthcare and Life Sciences

  • Transportation and Logistics

  • Manufacturing

  • Telecommunications and IT

  • Academia and Research

  • Media & Entertainment

  • Others

By Geography

  • North America

    • U.S

    • Canada

    • Mexico

  • Europe

    • UK

    • Italy

    • Germany

    • Spain

    • Netherlands

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Taiwan

    • Vietnam

    • Rest of Asia-Pacific

  • RoW

    • Latin America

    • Middle East

    • Africa


  • International Business Machines Corporation (IBM)

  • NVIDIA Corporation

  • ABB Ltd

  • FANUC Corporation

  • Teradyne Inc

  • Inc

  • Brain Corp

  • CloudMinds Technologies Inc

  • Clearpath Robotics Inc

  • Neurala Inc.