Press release
Robotic Process Automation (RPA) Market Size worth approx. 2,700 Mn. USD By 2023 | Industry key Leaders: Automation Anywhere, Nice Systems, Pegasystems, Redwood Software, Xerox Corporation, Ipsoft
Market Highlights:Robotic process automation (RPA) is an application technology where software with capabilities of artificial intelligence and machine learning are used for handling high volume, repeatable tasks. As artificial intelligence is being increasingly integrated into day to day life and also in various technology forms. Market Research Future which concentrates on market reports linked to the semiconductors and electronics sector amongst others recently made available a report on this sector. The industry for robotic process automation is estimated to develop to revenues worth USD 2,700 Million by the year 2023, while expanding at 29 per cent CAGR between 2017 and 2023.
According to MRFR, 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.
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What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Industry News:
PeopleDoc has recently launched their RPA that uses PeopleBots and listen for suitable events to automate. The system has its eyes set on human resourcing where the company believe a hybrid procedure, a blend of RPA and human abilities, can simplify the process of recruiting and basic fault findings.
Blue Prism’s RPA software assists enterprises with a sourcing option that supports humans in increasing their productivity and enhances the experience and in the process achieve optimum results.
Key Players:
The prominent players in the robotic process automation market are – 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.
Segmentation:
The Robotic Process Automation industry is segmented on the basis of operations, process, type and industry.
By Operations: Contract Management, E-Sourcing, E-Procurement, Spend Analysis, and Supplier Management
By Process: Interaction Solution, Automated Solution, Decision Support and Management Solution
By Industry: Healthcare & Pharmaceuticals, BFSI, IT & Telecommunication, Manufacturing & Logistics, Retail, Hospitality, Travel, Transportation and Others
By Type: Tools, Travel, Logistics and Services
Regional Analysis
Globally, North America leads the market for robotic process automation with the largest market share. Substantial investments transpired into the field of technologies development, the presence of the fervent market players that can offer cutting-edge technologies and increasing adoption these tools in some of the burgeoning sectors such as BFSI, Healthcare, Media & Entertainment, and IT & Telecommunication are some of the factors driving the market growth in the region.
The Europe market accounts for the second-largest market for the Robotic Process Automation owing to the demand from the various sectors. The resurging economy in the region is too contributing to the market growth significantly. Moreover, the augmented uptake of these solutions fuels the increase in the regional market.
On the other hand, Asia Pacific region is expected to witness a healthy growth, emerging as the fastest growing market for the robotic process automation. Factors such as increasing urbanization & growing healthcare and entertainment sector coupled with the improving economy in the region foster the market growth, increasing consumers’ purchasing power.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/robotic-process-automation-market-2209
Intended Audience
• Investors and consultants
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• IT Solution Providers
• Supply Chain & Logistics Organizations
• Original Equipment Manufacturers
• Healthcare & Pharmaceutical Industry
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Email: sales@marketresearchfuture.com
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