The global robotic software platforms market will reach 9.31 billion USD by 2023 from 7.12 billion USD in 2017 with a CAGR of 4.57% during the period.
Growth by Region
Asia - Pacific will grow with highest CAGR during the forecast period as manufacturers are adopting robots in their plants to increase productivity. North America holds largest share and will continue to lead during the forecast period as well, due to adoption of advanced technologies.
Drivers Vs. Constraints
The high demand of robots in various industries which help to lower labor costs and increase the productivity is the major factor for the growth of the market. The increasing demand of service robots in medical sector which are used to perform sensitive therapies and surgeries. This demand will in turn increase the adoption of robotic software platforms. On contrary, cyber-attacks on the data used by the robots may restrain the growth of the market.
Industry Structure and Updates
In 2017, IBM launched an IBM Watson-based service platform which is expected to supplement human intelligence to offer the cognitive technology that helps user to increase the productivity.
Europe plans to invest 2.8 billion USD in the European Commission’s robotics research and innovation program.
2. Executive Summary
3. Market Overview
3.2. Industry Value Chain Analysis
3.3. Porter's 5 Forces
4. Market Dynamics
5. Global Robotic Software Platforms Market Segmentation, Forecasts and Trends - by Vendor
5.2. Third party
6. Global Robotic Software Platforms Market Segmentation, Forecasts and Trends - by Industry
6.5. Food & Beverages
7. Global Robotic Software Platforms Market Segmentation, Forecasts and Trends - by Region
7.1. North America
7.4. Latin America
7.5. Middle East and Africa
7.5.1. South Africa
7.5.3. Saudi Arabia
8. Company Market Share Analysis
9. Company Profiles
9.7. The Orocos Project
9.8. Brain Corporation
10. Industry Structure
10.1.1. Industry M&As, Consolidations
10.1.2. Investment Opportunities
11. Global Robotic Software Platforms Market - Road Ahead