Robot Software Market Updates

Global Robot Software market size was valued at USD 16.34 Billion in 2023 and is poised to grow from USD 20 Billion in 2024 to USD 100.76 Billion by 2032, growing at a CAGR of 22.4% in the forecast period (2025-2032).

The global robot software market is competitive and extremely fragmented with the existence of global established firms along with domestic firms and start-ups. The leading global firms are ABB Ltd, Clearpath Robotics, NVIDIA Corporation, Universal Robots A/S, Dassault Systèmes, CloudMinds Technology Inc., IBM Corporation, collectively owning a share of 45%. The firms are competing in the market by strengthening their historic partnership. New product launches are the most significant strategic step that major market players are adopting for their growing market share. Major robotic software manufacturers are introducing new products increasingly for dissemination in the automotive sector. 'ABB Ltd.', 'NVIDIA Corporation', 'Rockwell Automation, Inc.', 'Microsoft Corporation', 'Google (Alphabet Inc.)', 'IBM Corporation', 'Amazon Web Services (AWS)', 'Siemens AG', 'Mitsubishi Electric Corporation', 'KUKA AG', 'Fanuc Corporation', 'Universal Robots A/S', 'Yaskawa Electric Corporation', 'Boston Dynamics', 'Clearpath Robotics (A Rockwell Automation Company)'

Rise in demand for safety and automation within organizations for hazardous jobs such as chemical plants and others, is fueling the market growth. Moreover, increased adoption of next-generation technologies like the Industrial Internet of Things (IIoT) integral to the intelligent factory concept coupled with Industry 4.0, and industrial robot is driving the robot software market growth. Furthermore, industrial robots are also utilized instead of human labor to perform hazardous or repetitive jobs with precision, which is increasingly popular in the market as well.

Short-Term: Cloud-Based Automation and No-Code Robotics: Robotics will be showcased to businesses of all shapes and sizes by the increased adoption of low-code and no-code robot programming. AI-powered robotic process automation (RPA) will boost workflow automation in banking, logistics, and healthcare sectors. With data-driven decisions, real-time data updates, and remote monitoring, cloud-based robot software solutions will also gain traction. ABB and UiPath are already leaders in these initiatives.

Why North America Leads Global Robot Software Market?