The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Rapid Market Growth

• Market Expansion: The mobile robotics software market has experienced rapid growth, increasing from $14.61 billion in 2023 to $16.37 billion in 2024, with a CAGR of 12.0%.
• Historical Drivers:
  • Advancements in Sensor Technology: Improvements in sensors enhance robots’ perception and interaction capabilities.
  • Computing Power: Increasing computing power enables more complex robotic tasks.
  • AI and Machine Learning: Developments in AI and machine learning empower robots with decision-making abilities.
  • Demand for Automation: Industries seek automation for efficiency and cost-effectiveness.
  • Need for Safety: Safety concerns drive the development of safer and more flexible robotic systems.

Future Growth Projections

• Continued Expansion: The market is projected to reach $26.01 billion by 2028, with a CAGR of 12.3%.
• Key Drivers for Future Growth:
  • Proliferation of IoT: The widespread adoption of IoT technologies fuels market growth.
  • E-commerce and Logistics Expansion: Growing e-commerce and logistics sectors drive demand for robotics solutions.
  • Automation in Manufacturing and Healthcare: Industries increasingly adopt automation for efficiency and productivity.
  • Autonomous Vehicles and Drones: Rising demand for autonomous vehicles and drones spurs software development.
  • Advancements in Cloud and Edge Computing: Improved computing capabilities enhance robotic functionalities.

Read The Full Mobile Robotics Software Market Report Here:

https://www.thebusinessresearchcompany.com/report/mobile-robotics-software-global-market-report

Rising Demand for Automation

• Key Growth Factor: Increasing automation demands across industries drive market growth.
• Benefits of Automation: Automation reduces operational costs, improves efficiency, and optimizes resource utilization.
• Mobile Robotics Software Role: Mobile robotics software streamlines processes, boosts productivity, and enhances competitiveness.
• Market Trend: Process automation is a top priority for organizations, according to a survey by Camunda, with 82% of respondents emphasizing its importance.

Technological Advancements

• Focus on Advanced Solutions: Major companies prioritize developing technologically advanced platforms for enhanced efficiency.
• Plug-and-Play Integration Software: Solutions enable seamless integration without extensive configuration, promoting ease of use.
• Example: Barcodes Group launches an upgraded AMR portfolio with plug-and-play integration software for various applications, promising enhanced efficiency with minimal infrastructure modifications.

Strategic Acquisitions

• ABB Group’s Acquisition of Sevensense: ABB Group acquires Sevensense to advance AI-powered robotics in the workplace.
• Vision: ABB aims to create a workplace where AI-powered robots assist humans, addressing labor shortages.
• Sevensense Expertise: Sevensense specializes in AI-enabled 3D vision navigation technology for AMRs.

Market Segmentation

• Type: Land or Home Robots (UGVs), Aerial Robots (UAVs), Underwater Robots (AUVs).
• Technology: AI and Machine Learning, Computer Vision, Sensors and Actuators, Navigation and Mapping.
• Application: Delivery and Transportation, Agriculture and Industrial, Medical, Entertainment, Other Applications.
• End-User: Military and Defense, Commercial, Consumer.

Regional Insights

• North America: Dominated the mobile robotics software market in 2023.

The mobile robotics software market is on an upward trajectory, driven by advancements in technology, increasing demand for automation, and strategic acquisitions. As industries continue to embrace robotics solutions for efficiency and innovation, the market is poised for significant expansion, shaping the future of automation across various sectors.

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The Mobile Robotics Software Global Market Report 2024  provides an overview of the mobile robotics software market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The mobile robotics software market forecast analyzes mobile robotics software market size, mobile robotics software market share, leading competitor and their market positions.

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