Robot Software Industry Research Report - Global Forecast till 2024
Robot Software Industry Research Report -
Global Forecast till 2024
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Copyright Š 2017 Market Research Future.
Robot Software Industry Research Report - Global Forecast till 2024
Market Synopsis The Global Robot Software Industry was valued at USD 1.59 billion in 2018 and is expected to reach USD 13.48 billion by 2024 registering a 44.45% CAGR during the forecast period. The increasing adoption of robots for commercial and industrial applications, developing artificial intelligence (AI) and Internet of Things (IoT) technologies, and increasing demand for advanced solutions by manufacturers to provide high-quality products at affordable prices are some of the major driving factors of the Robot Software Industry. However, the lack of skilled expertise is one of the major restraining factors for this market. Rising adoption of robotics by SMEs and growth in industry 4.0 are some of the key trends which are expected to offer lucrative opportunities for investors in the global Robot Software Industry. Whereas, security issues related to DDoS attacks on robotics data is one of the major challenges faced by the players of the global Robot Software Industry. Virtual assistance, autonomous robots, point-of-care testing, navigation & object detection, business process automation, customer support services, and autonomous vehicles among others are some of the use cases of the robot software. Request Free Sample @ https://www.marketresearchfuture.com/sample_request/7859 Market Segmentation: The global Robot Software Industry has been segmented into software type, robot type, deployment, organization size, and vertical. By software type, the market has been classified as recognition software, simulation software, predictive maintenance software, data management software, and communication management software. By robot type, the market has been sub-segmented into industrial robots, and service robots. By deployment, the market has been further bifurcated into on-premise and on-cloud. By organization size, the market has been divided into SMEs, and large enterprises. By vertical, the market has been categorized as BFSI, retail & e-commerce, government, healthcare, logistics, manufacturing, IT & telecommunication, and others. Key Players MRFR has considered IBM Corporation, ABB Ltd, Nvidia Corporation, Cloudminds, Brain Corporation, Aibrain, Furhat robotics, Neurala, iRobot, Epson Robotics, Microsoft Corporation, Energid technologies, Oxbotica, H2O.ai, and others as some of the key players in Robot Software Industry. Regional Analysis The Global Robot Software Industry is estimated to Grow at a significant rate during the forecast period from 2019 to 2024. The geographic analysis of Robot Software Industry has been conducted for North America (the US, Canada, and Mexico), Europe (Germany, the UK, France, Spain, and Italy), Asia-Pacific (China, Japan, India, Singapore, Australia, Philippines, and South Korea), and the rest of the world (including the Middle East & Africa, and South America). North America is currently dominating the market in terms of market share. The US, followed by Canada, is leading the market due to early adoption of Industrial Internet of Things (IIoT) and robotics by the aerospace & defense and automotive industries in the countries. The healthcare sectors in Canada is also investing significantly in upgrading their traditional systems with automated solutions including robots. However, the market in Mexico is projected to exhibit a significant growth rate in Robot Software Industry in the coming years due to growing manufacturing sector
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Copyright Š 2017 Market Research Future.
Robot Software Industry Research Report - Global Forecast till 2024
in the country. Key automotive brands are also investing in Mexico which is further fueling the market growth in the country. Europe is the second highest contributor in terms of revenue generation for the Robot Software Industry. Germany is leading the market due to presence of key players in the country such as ABB, KUKA, and Kawasaki Robotics. The extensive research and development of artificial intelligence in the region has benefitted these key players in upgrading their manufacturing as well as business processes with automated solutions. The market in Asia-Pacific is projected to register the highest CAGR in the global Robot Software Industry. China, Japan, India, and South Korea are the manufacturing centers of automotive, semiconductor & electronics, and pharmaceutical industries. The Increasing adoption of robotics and big data technologies is further driving the market growth in the region. China is the leading market in Asia-Pacific region, whereas Japan, and South Korea, followed by India are projected to gain high market growth in the coming years. The rest of the world, which consists of the Middle East & Africa and South America is expected to register a steady growth rate in Robot Software Industry. Check Discount @ https://www.marketresearchfuture.com/check-discount/7859 LIST OF TABLES
Table 1 Robot Software Industry, By Region, 2019–2024 Table 2 North America: Robot Software Industry, By Country, 2019–2024 Table 3 Europe: Robot Software Industry, By Country, 2019–2024 Table 4 Asia-Pacific: Robot Software Industry, By Country, 2019–2024 Table 5 Rest Of The World: Robot Software Industry, By Region, 2019–2024 Continued…….
LIST OF FIGURES FIGURE 1 The Global Robot Software Industry Segmentation FIGURE 2 Forecast Methodology FIGURE 3 Porter’s Five Forces Analysis Of The Global Robot Software Industry FIGURE 4 Value Chain/Supply Chain Of The Global Robot Software Industry FIGURE 5 Share Of The Global Robot Software Industry In 2018, By Country (In %) Continued……
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Copyright © 2017 Market Research Future.
Robot Software Industry Research Report - Global Forecast till 2024
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Copyright Š 2017 Market Research Future.