Mobile Robotics Software Global Market Expected to Witness $26.01 Billion with Impressive Growth at a 12.3% CAGR By 2028 | ABB Ltd., Neurala Inc., KUKA Group, Brain Corp., Aethon Inc.

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Overview and Scope
Mobile robotics software refers to the specialized software systems and applications designed to control and manage the operation of mobile robots. These software solutions are used for the operation, navigation, and control of autonomous or semi-autonomous robotic platforms that are capable of moving and navigating in various environments, such as warehouses, hospitals, agricultural fields, and outdoor settings.

Sizing and Forecast
The mobile robotics software market size has grown rapidly in recent years. It will grow from $14.61 billion in 2023 to $16.37 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to advancements in sensor technology, improvements in computing power, developments in artificial intelligence and machine learning, demand for automation and efficiency in various industries, and the need for safer and more flexible robotic systems.

The mobile robotics software market size is expected to see rapid growth in the next few years. It will grow to $26.01 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%. The growth in the forecast period can be attributed to proliferation of Internet of Things (IoT) technology, expansion of e-commerce and logistics sectors, increasing adoption of automation in manufacturing and healthcare, demand for autonomous vehicles and drones, and advancements in cloud computing and edge computing capabilities. Major trends in the forecast period include rise of collaborative robots (cobots), integration of artificial intelligence and machine learning for adaptive and predictive capabilities, expansion of autonomous mobile robots (AMRs) in logistics and warehousing, growth of service robots in healthcare and retail, and development of software solutions for swarm robotics and multi-robot coordination.

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Segmentation & Regional Insights
The mobile robotics software market covered in this report is segmented –
1) By Type: Land Or Home Robots (UGVs), Aerial Robots (UAVs), Underwater Robots (AUVs)
2) By Technology: AI And Machine Learning, Computer Vision, Sensors And Actuators, Navigation And Mapping
3) By Application: Delivery And Transportation, Agriculture And Industrial, Medical, Entertainment, Other Applications
4) By End-User: Military And Defense, Commercial, Consumer

North America was the largest region in the mobile robotics software market in 2023. The regions covered in the mobile robotics software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The increasing demand for automation is expected to propel the growth of the mobile robotics software market going forward. Automation refers to using technologies to manufacture and provide goods and services with minimal human involvement. The demand for automation is rising across industries because it helps reduce operational costs by improving efficiency, reducing labor expenses, minimizing errors, and optimizing resource utilization. Mobile robotics software is a significant facilitator of automation, allowing firms to streamline processes, boost productivity, and remain competitive in today’s fast-changing business market. For instance, in January 2022, according to the State of Process Automation Report 2022 by Camunda, a Germany-based open-source platform, more than four in five respondents (82%) among the 600 IT professionals surveyed from North America and Europe said that process automation is a greater priority for their organization than it was last year. Therefore, increasing demand for automation is driving the growth of the mobile robotics software market.

Key Industry Players
Major companies operating in the mobile robotics software market are Lockheed Martin Corporation, ABB Ltd., Omron Corporation, KUKA Group, iRobot Corporation, Universal Robots AS, Brain Corp., Locus Robotics Corporation, Aethon Inc ., Fetch Robotics Inc., Liquid Robotics Inc., ROBOTIS Co. Ltd., SEER Robotics Corporation, Realtime Robotics Inc, Neurala Inc., Accelerated Dynamics X Ltd., EZ-Robot Inc., GeckoSystems International Corporation, Metrologic Group, RUVU Robotics Corporation, HG Robotics , Asimov Robotics Pvt. Ltd., Energid Technologies Corporation , iQuotient Robotics LLC, ZOUDA Studios Limited

The mobile robotics software market report table of contents includes:
1. Executive Summary