Europe Robot Software Market is expected to reach USD 11.61 Billion by 2030

According to the study by Next Move Strategy Consulting, the Europe Robot Software Market size is expected to reach USD 11.61 billion, with a CAGR of 23.3% by 2030.

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The surge in labor costs and persistent workforce challenges are key drivers propelling the growth of the robot software market in the region.

Increasing investments in research and development (R&D) play a crucial role in driving the growth of the robot software market in the region.

Germany dominates the Europe robot software market share for several reasons. 

Several key players operating in the Europe robot software industry include IBM, NVIDIA, ABB Ltd., FANUC, Teradyne, Inc., H2O.ai, Brain Corp, CloudMinds, Clearpath Robotics, and Neurala, Inc.