Vision guided robotics software market is expected to grow to US$ 3,719.8 million by 2025 from US$ 894.4 million in 2016. The market for vision guided robotics software is influenced by various factors such as rapid adoption of technologically advanced robots in small and medium enterprises (SMEs), and increase in labor shortage and labor costs majorly in the developed countries as well as in few of the developing countries worldwide.
Moreover, the integration of vision software, makes the robots more flexible, accurate, and increases the ability to act according to the situation. These factors are heavily impacting on the growth of vision guided robotics software market during the forecast period. However, the deterrent factors, affecting the market growth is attributed to the lack of skilled operators in the developing regions, leading to less adoption of advanced robotics systems, and high installation costs, which is also limiting the procurement of vision guided robots in the developing region.
