DUBLIN–(BUSINESS WIRE)–The “Robot Software Global Market Report 2022: Ukraine-Russia War Impact” report has been added to ResearchAndMarkets.com’s offering.
The global robot software market is expected to grow from $ 3.78 billion in 2021 to $ 4.92 billion in 2022 at a compound annual growth rate (CAGR) of 30.1%. The robot software market is expected to grow to $ 14.42 billion in 2026 at a CAGR of 30.8%.
Robot software refers to coded commands that are programmed to give instructions to robots to perform tasks by controlling their actions and movements. It enables the user to quickly program complex processes with intuitive desktop-style interfaces or icon-based graphical user interfaces. This robot software is used for programming various industrial or service robots to perform numerous autonomous tasks.
North America was the largest region in the robot software market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robot software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The rapid adoption of robot software by small and medium enterprises (SMEs) is expected to propel the growth of the robot software market going forward. Small and medium enterprises refer to a company employing a medium number of people and having a small or intermediate capital investment portfolio. In recent years, many small-to-medium-sized…