Robotic Process Automation Market Outlook to 2025 - Softomotive, Pegasystems, Redwood Software, Kryon Systems, Blue Prism Group, WorkFusion, UiPath, Thoughtonomy Ltd., NICE Ltd., Automation Anywhere Inc.

This report focuses on the Robotic Process Automation Market global as well as regional market in regions of APEC, EMEA, Americas. Research Report is categorized based on the manufacturers, regions & application. Key manufacturers are elaborately discussed in this report along with their revenue in promising regions (North America, Europe, Asia-Pacific, South America, Middle East & Africa).

The Insight Partners: increasing demand for automation among the industries across the globe will raise RPA Market by 2025 with a CAGR of 55.0%.

The “Robotic Process Automation (RPA) Market – Component (Software and Services) Services (Training and professional Services) and Verticals (BFSI, Telecommunication, Retail, Manufacturing, Transportation & Logistics, and Others) Global Analysis and Forecast” The scope of study involves understanding on the factors responsible for this growth of RPA market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant RPA players in the market and their key developments.

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The RPA market by geographical regions has been fragmented into 6 regions including North America, Europe, Asia Pacific, Middle East & Africa and South America. North America is expected to account for the largest share of the global RPA market in 2017, followed by Europe. Germany and UK being two key countries in Europe region which will lead RPA market in this region and is also expected to continue its dominance throughout the forecast period from 2018 to 2025.

The report profiles key players such Blue Prism Group Plc., WorkFusion, UiPath, Thoughtonomy Ltd., NICE Ltd., Automation Anywhere Inc., Softomotive, Pegasystems Inc., Redwood Software, and Kryon Systems among others.

RPA Market to 2025 – Global Analysis and Forecast by components, Service, and verticals, RPA market is expected to grow US$ 6869.6 million by 2025 from US$ 198.4 million in 2017. Robotic Process Automation (RPA) has advanced enormously in last few years. Today, it is a key empowering influence of change, development, and aggressive differentiation for associations, particularly in the shared service centers where various processes are institutionalized. It has effectively empowered early adopters to make a quick, exact, financially sound, all-rounder virtual workforce.

Some of the remarkable partnership and collaboration in this industry are collaboration of Blue Prism and Fujitsu with the acceleration of digital transformation in recent years, the use of RPA has drawn attention in the context of automating processes to achieve improvements in productivity and quality of service. As Proof of Concept (PoC) and full-scale RPA deployments gain traction and wide scale adoption, Fujitsu and Blue Prism have agreed to collaborate to meet this demand.

The global RPA market for the verticals is fragmented into BFSI, Telecommunications, retail, healthcare, transportation & logistics and others. The segmentation is based upon the need for RPA to improve back end and front end business processes. Telecommunications and BFSI cumulatively in the RPA market have acquired the biggest share of almost one-fourth in 2017, followed by Transportation & logistics and healthcare. Telecommunications, particularly the BPOs are the early adopters of RPA.

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The increase in the demand for the global network the telecom industry is facing many challenges in providing the advanced services to its customers. The issues faced by various companies are handling a huge capacity of data, developing new and advanced services, controlling cost, and focusing on business efficiency; which may hinder the company’s operation, profitability, and focus on the customer.

Presently, more than half of the BPO (Business Process Outsourcing) service providers across the globe are engaged in a mere replication of client processes, at reduced costs. However, the rapidly advancing technological environment is imposing constant pressure on the BPOs, as their conventional methods pertain to obsolete over the coming years. In addition, the end-clients are also considering automation of processes, while selecting BPO service provider.

There has been constant development in RPA industry. Recently, Blue Prism introduced its new product offering. This offering features the “out of the box” API integrations with Google, AWS, Microsoft and IBM to enable operational AI at scale. Along with Blue Prism’s RPA platform, enterprise users of Google, AWS, Microsoft, and IBM would be able to access a variety of AI-powered digital workers to automate and complete increasingly complex tasks through a single platform.

The report segments the global Robotic Process Automation (RPA) Market as follows:

• Global RPA Market – By Components

o Software
o services

• RPA Market – By Services
o Training Services
o Professional services
 Consulting Services
 Integration & Development
 Support & maintenance
• RPA Market – By Vertical
o BFSI
o Retail
o Telecommunications
o Manufacturing
o Transportation & Logistics
o Others

• Global EFSS Market – By Geography

o North America
 U.S.
 Canada
 Mexico

o Europe
 France
 Germany
 Italy
 Spain
 U.K.
 Rest of Europe

o Asia Pacific (APAC)
 Japan
 China
 India
 Australia
 Rest of APAC

o Middle East & Africa (MEA)
 Saudi Arabia
 U.A.E.
 South Africa
 Rest of MEA

o South America (SA)
 Brazil
 Rest of SA

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