Press release
Robotic Process Automation Market 2018 Global key Leaders: Automation Anywhere, Ipsoft, Pegasystems, Redwood Software, Verint, Xerox Corporation
Market Highlights:This report studies the global Robotic Process Automation (RPA) market, analyzes and researches the Robotic Process Automation (RPA) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
As industrial robots are creating a huge values to the organization by providing higher production rates with the improved quality, the RPA robots are revolutionizing the way administer business processes works. RPCA provide immense support to the IT process, workflow process, back office works and also to remote infrastructure. High accuracy and dramatic improvements in cycle time increased productivity in the transaction process are some of the major factor in the wide adoption of RPA.
RPA software has also proven very effective and useful in organization which has different and complicated systems that requires a continuous interaction. Ability to adapt self-learning and self-correction of the data are some of the major benefits of RPA software and it the future, these features could be a very helpful while working in a complicated systems environment.
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Major key Players
Automation Anywhere (U.S.),
Blue Prism (U.K.),
Celaton Ltd (U.K.),
Ipsoft (U.S.).
Nice Systems Ltd. (Israel),
Pegasystems (U.S.),
Redwood Software (U.S.),
Uipath (Romania),
Verint (U.S.),
Xerox Corporation (U.S.), among others.
The Robotic Process Automation Market is expected to grow at approximately USD 2,700 Million by 2023, at 29% of CAGR between 2017 and 2023.
Industry Updates:
Mar 2018 UiPath has recently completed a fresh round of Series B funding successfully following which the Robotics Process Automation company is planning to additionally hire 100 engineers.The fresh endowment of $153 million in funding will allow the company’s product roadmap to get fast-tracked. Additionally, UiPath will also carry on the expansion of its worldwide operations with the setting up of new offices in cities like Houston, Amsterdam, Munich, Seoul, Paris and Washington in this year, along with their India centre. The company, UiPath is regarded to be one of the unique companies in this space and has an estimated value of $1.1 billion.
Detailed Regional Analysis
By Region, MRFR analysis shows that North America will account for largest market share followed by Europe and Asia-Pacific. Growing technology and need of efficient process in the organization is driving the market of RPA in North America. U.S. accounts for largest market share in this region followed by Canada. In Europe, countries such as Germany, France, Italy and U.K. are driving the market due to growing automotive and healthcare industry. Rich Manufacturing industry in Japan, China and South Korea is driving the market in Asia-Pacific. Asia-Pacific is also expected to emerge as fastest growing market during the forecast period.
For the purpose of this study, the global market of RPA has segmented on the basis of organization size and Industries. By organization size, the market has been segmented into SMEs and large enterprises where by industries the market consist deep study of segments- BFSI, manufacturing, IT and retail among others.
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TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
Contnued...
LIST OF TABLES
TABLE 1 ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS
TABLE 2 ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS
TABLE 3 ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE
Contnued...
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 ROBOTIC PROCESS AUTOMATION MARKET: BY PROCESS (%)
FIGURE 3 ROBOTIC PROCESS AUTOMATION MARKET: BY OPERATIONS (%)
FIGURE 4 ROBOTIC PROCESS AUTOMATION MARKET: BY TYPE (%)
Contnued...
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