Press release
Global IT Robotic Automation Market (RPA Tools and RPA Services) Analysis, Size, Share, Growth, Trends and Forecast Research Report 2014 - 2020
Researchmoz added Most up-to-date research on "IT Robotic Automation Market (RPA Tools and RPA Services) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" to its huge collection of research reports.Robotic automation involves a practice in which a machine or computer software mimics human actions in order to complete rule-based tasks. In context of IT industry, robotic automation is accomplished by using automation software, which utilizes the Robotic Process Automation (RPA). Some basic processes in IT, which can be managed through robotic process automation include access management, request management, availability management, monitoring, incident management, and problem management. Robotic automation helps reduce the operating costs while additionally supporting agility in order to meet the customers’ varying and evolving needs. The robotic automation software tools help automate existing user actions and thereby, facilitate IT companies in incurring cost savings as robotic software can replace the employees performing similar repetitive tasks.
Key factors driving the global IT robotic automation market include cost benefits and improved efficiency over manual process handling, ability to leverage other application software without integration, increasing adoption in finance and accounting (F&A) sector and potential alternative to offshore outsourcing among others. The robotic process automation reduces the need for human intervention in routine repetitive tasks and thus creates a virtual workforce capable of handling large number of repetitive tasks. Further, the automation occurs at the GUI layer thereby eliminating the need of integration with other systems. Moreover, robots can work 24x7x365 eradicating the constraints of human labor to work for limited hours. Thus, significant reductions in cost, time and labor can be achieved by implementing robotic process automation.
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The IT robotic automation market has been segmented by type into tools and services. The RPA tools are further segmented into model-based application tools and process-based application tools. The RPA services are further studied based on professional and training services. Professional services are further segmented into consulting, integration and development, and BPO services. The market size and forecasts in terms of revenue (US$ Mn) for each of these segments have been provided for the period 2014 to 2020, considering 2012 and 2013 as the base years. The report also provides compounded annual growth rate (CAGR) for each segment of the market for the forecast period 2014 to 2020. Geographically, the IT robotic automation market has been segmented into five regions, namely, North America, Europe, Asia-Pacific, Middle East and Africa (MEA) and Latin America.
The report includes market dynamics, opportunity assessment and the impact analysis of robotic automation on the IT industry. It also includes ecosystem analysis to recognize key participants in the IT robotic automation along with their role in the ecosystem. We have included future trends that will impact the demand. The study provides market estimation in terms of revenue and forecast for the period 2014 to 2020.
The IT robotic automation market comprises RPA technology providers and RPA service providers. Some of the key technology providers for RPA include Blue Prism, IPSoft, Inc., Be Informed B.V., Appian Corporation, and Automation Anywhere Inc. whereas RPA service providers include Sutherland Global Services, Tata Consultancy Services, Accenture plc, Cognizant Technology Solutions, Infosys Limited, and Hewlett Packard Company.
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The report analyzes the global IT robotic automation market in terms of revenue (US$ Mn). The market has been segmented as follows:
IT Robotic Automation Market, by Type:
Tools
Services
IT Robotic Automation Market, by Tools:
Model-based Application Tools
Process-based Application Tools
IT Robotic Automation Market, by Services:
Professional
Consulting
Integration and Development
Application Management
Infrastructure Management
BPO
Application Management
Infrastructure Management
Training
IT Robotic Automation Market, by Geography:
North America
Europe
Asia-Pacific
Middle East and Africa (MEA)
Latin America
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Table of Contents
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
1.3.1 Sources
1.3.2 Secondary Research
1.3.3 Primary Research
Chapter 2 Executive Summary
2.1 Market Snapshot: Global IT Robotic Automation Market (2013 & 2020)
2.2 Global IT Robotic Automation Market, 2012 – 2020, Revenue (US$ Mn) and Y-o-Y Growth (%)
Chapter 3 Global IT Robotic Automation Market Overview
3.1 Introduction
3.2 Market Drivers
3.2.1 Robotic Automation in IT Acting as a Strong Alternative to Offshore Outsourcing
3.2.2 Cost Benefits and Improved Efficiency by Using Robotic Automation Over Manual Process Handling in IT Industry
3.2.3 Ability to Leverage Other Application Software Without Integration
3.2.4 Increasing Adoption in Finance and Accounting (F&A) Sector to Cut Costs
3.2.5 Impact Analysis of Drivers
3.3 Market Restraints
3.3.1 Security Concerns of the Technology over Increased Access to an Individual
3.3.2 Existing BPO Contracts will Hamper Adoption in the BPO Segment
3.3.3 Social Implication of Releasing People from their Roles
3.3.4 Impact Analysis of Restraints
3.4 Market Opportunities
3.4.1 Application and Infrastructure Management Offer Potential Opportunities to the Growth of RPA
3.4.2 Robot-as-a-service and political and macroeconomic events offer huge growth potential in the coming years
3.5 Impact Analysis of Robotic Automation on Global IT Industry
3.6 Ecosystem Analysis of Global IT Robotic Automation Market
3.7 Competitive Landscape
3.7.1 Key Positioning of Market Leaders, 2013
3.7.2 Positioning Analysis of RPA Tool Developers/RPA Technology Providers
3.7.3 Tool Providers
3.7.4 Service Providers by IT and BPO
3.8 Global IT Robotic Automation Market: Opportunity Assessment, by Components
Chapter 4 Global IT Robotic Automation Market Revenue, by Type
4.1 Overview
4.1.1 Comparative Analysis: Global IT Robotic Automation Market Revenue Shares, by Type, 2013 & 2020 (Value %)
4.2 Tools
4.2.1 Global IT Robotic Automation Tools Market Revenue, 2012 – 2020 (US$ Mn)
4.2.2 Model-based Application Tools
4.2.2.1 Global IT Robotic Automation Market Revenue for Model-based Application Tools, 2012 – 2020 (US$ Mn)
4.2.3 Process-based Application Tools
4.2.3.1 Global IT Robotic Automation Market Revenue for Process-based Application Tools, 2012 – 2020 (US$ Mn)
4.3 Services
4.3.1 Global IT Robotic Automation Services Market Revenue, 2012 – 2020 (US$ Mn)
4.3.2 Professional Services
4.3.2.1 Global IT Robotic Automation Market Revenue in Professional Services, 2012 – 2020 (US$ Mn)
4.3.2.2 Consulting Services
4.3.2.2.1 Global IT Robotic Automation Market Revenue in Consulting Services, 2012 – 2020 (US$ Mn)
4.3.2.2.2 IT Robotic Automation Market Revenue in Consulting Services, by Components, 2012 – 2020 (US$ Mn)
4.3.2.3 Integration and Development
4.3.2.3.1 Global IT Robotic Automation Market Revenue in Integration and Development, 2012 – 2020 (US$ Mn)
4.3.2.3.2 IT Robotic Automation Market Revenue in Integration and Development, by Components, 2012 – 2020 (US$ Mn)
4.3.2.4 BPO
4.3.2.4.1 Global IT Robotic Automation Market Revenue in BPO, 2012 – 2020 (US$ Mn)
4.3.3 Training
4.3.3.1 Global IT Robotic Automation Market Revenue in Training Services, 2012 – 2020 (US$ Mn)
Chapter 5 Global IT Robotic Automation Market Revenue, by Geography
5.1 Overview
5.1.1 Comparative Analysis: Global IT Robotic Automation Market Revenue Shares, by Geography, 2013 & 2020 (Value %)
5.2 North America
5.2.1 North America IT Robotic Automation Market Revenue, 2012 – 2020 (US$ Mn)
5.2.2 North America IT Robotic Automation Market Revenue, by Type, 2012 – 2020 (US$ Mn)
5.2.3 North America IT Robotic Automation Market Revenue, by RPA Tools, 2012 – 2020 (US$ Mn)
5.2.4 North America IT Robotic Automation Market Revenue, by RPA Services, 2012 – 2020 (US$ Mn)
5.2.5 North America IT Robotic Automation Market Revenue, by Professional Services, 2012 – 2020 (US$ Mn)
5.2.6 North America IT Robotic Automation Market Revenue, by Consulting Services, 2012 – 2020 (US$ Mn)
5.2.7 North America IT Robotic Automation Market Revenue, by Integration and Development Services, 2012 – 2020 (US$ Mn)
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