Global Robot Software Analytics Market is expected to reach US$ XX Million by 2026 from US$ XX Million in 2018 at a CAGR of 48.8%.

Robot software analytic market is segmented by Software type, by Robot type, by organization size, Deployment & Geography. Based on software type market is divided into Robot manufacturers, Value-added Resellers (VARs), Investors and venture capitalists, Small medium-sized, and large-sized enterprises, Consultants/consultancies/advisory firms, Professional service providers, Third-party providers, Software and application developers, Government agencies. Robot type is split into Service Robot & Industrial Robot. Organization size is classified into Large enterprises & Small and medium enterprises. Deployment model is divided into On-demand & On-premises.

Increasing need to reduce costs while maintaining quality and growing adoption of Internet of Things (IoT) and Artificial Intelligence (AI) are the key drivers for the market. Robotics system market comprises several little components. The robot needs to be integrated into a specific environment along with software and specialized components. Standard robots are sometimes used independently. System integration part takes care of the integration of different components together in a specialized environment with specific tools, required inputs of power and production systems. The value chain of robotics technology market includes stakeholders like robot designers and suppliers of standard hardware components, suppliers of special engineered components, software providers, system integrators, and end users.

On the basis of software type communication management software type is dominating the market by marvelous functionalities of software which allow administrations to record and track internal and external communications for the communication process. It helps manage communications management requirements for ISO 9001, ISO 14001, and OHSAS 18001 standards.

Based on robot type, industrial robots are expected to have the largest market during the forecast period. Labour issues and competitive pressures increases, organizations need solutions that reduce manual labor and rising operational efficiency. On the basis of Deployment, On-demand deployment model is dominating a market. Utilize cloud-based deployment, organizations can avoid a large amount of cost pertaining to hardware, software, data, maintenance cost, and staff.

In terms of geography, North America is expected to continue controlling the market during the forecast period because of established economies, such as Canada and US. .North America contributes a key share in a generation of data as a result data security and protection share are in high demand in this region. Also early adoption of technologies gives thrust to Robot Software Analytics Market.

Key players operate on the market are ABB (Switzerland),AIBrain Brain Corp, CloudMinds, Energid Technologies, Furhat Robotics, IBM (US), Liquid Robotics, Neurala, NVIDIA. Oxbotica. Netbase, Cloud Minds, NVIDIA, IBM.

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