Press release
IT Robotic Automation Market to be Worth US$ 11,417.4 Mn by 2026
Growing list of IT robotic automation solution vendors likely to boost the growth of the market over the forecast period
IT robotic automation is a go-to solution for organizations to benefit from process automation and advanced analytics in operations and processes at economical prices which was not possible with earlier automation approaches. Furthermore, software robots are programmed to be used with data-driven and rule-based processes. This offers a capability that can be leveraged irrespective of industry and application, in a cost-effective manner. IT robotic automation works around the clock executing required processes. Robotic automation has modernized the means of managing various business processes, IT management and support processes, workflow processes, and back-office work.
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IT Robotic Automation Market: Scope of the Report
The IT robotic automation market is categorized by solutions (tools and services), by tools (model based and process based), by services (professional and training), and by professional (consulting, integration and development, and BPO). The cost and time benefits of IT robotic automation over traditional working methods is one of the major factors expected to aid the adoption of IT robotic automation worldwide. Also, ever increasing adoption of cloud based services among enterprises is another factor supporting the generation of new opportunities and thus the market is expected to witness significant growth in the coming years.
North America accounted for the largest share in terms of adoption of IT robotic automation in 2017. Furthermore, rapid developments in computing technologies indicate that the region is anticipated to observe significant growth in the coming years. Europe is likely to witness healthy growth in terms of the demand for IT robotic automation, considering the increasing preference for robotics. Asia Pacific is anticipated to be a high potential market for IT robotic process automation during the forecast period from 2018 - 2026. Furthermore, increasing offshore outsourcing and a dynamic IT industry is likely to favor the IT robotic process automation market in Middle East & Africa. South America is also expected to generate opportunities for robotic process automation in the coming years due to increasing emphasis by enterprises and governments in the region to improve quality and productivity.
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The growing adoption of robotic process automation in finance and accounting (F&A) outsourcing industry has emerged as a disruptive solution during recent years. IT robotics process automation is maturing in terms of reliability and transparency; thus, more and more organizations are embracing automation technology.
Global IT Robotic Automation Market: Competitive Dynamics
The research study includes profiles of leading companies operating in the global IT robotic automation market. Some of the key players profiled in the report include Blue Prism, Be Informed B.V., Appian, IPsoft, Inc., Tata Consultancy Services Limited., Infosys Limited, Cognizant Technology Solutions Corp., Atos SE, Capgemini, Genfour, Genpact Ltd., Automation Anywhere, Inc., Sutherland Global Services, Inc., and UiPath SRL.
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The global IT robotic automation market is segmented as below:
Global IT Robotic Automation Market, by Type
Tools
Model Based
Process Based
Services
Professional
Consulting
Integration &Development
BPO
Training
Global IT Robotic Automation Market, by Geography
North America
The U.S.
Canada
Rest of North America
Europe
The U.K
Germany
France
Rest of Europe
Asia Pacific (APAC)
India
China
Japan
Rest of APAC
Middle East & Africa (MEA)
GCC
South Africa
Rest of MEA
South America
Brazil
Rest of South America
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