Press release
Robotic Process Automation Market Demand and Opportunities by 2023 With Key Players - NICE Ltd, Pegasystems, Automation Anywhere, Blue Prism, IPsoft, Celaton, Redwood Software and IBM
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Factors driving the growth of the global robotic process automation market include significant increase in ease of doing business through this process, surge in demand for virtual workforce to eliminate repetitive human tasks, decreasing cost of automation software and services, and increased adoption of new automation technologies for business transformation.
North America has been the largest robotic process automation market till now; however, during the forecast period, the market of this process is expected to witness the fastest growth in Asia-Pacific. The expected growth in the regional-level market can be attributed to factors such as advancement in new technologies, growing digitalization, growth in automation software industry, and increasing adoption of business process automation solutions by small and medium scale enterprises in the region.
Some of the key players operating in the industry are Nice Systems Ltd., Pegasystems Inc., Automation Anywhere, Blue Prism PLC, Ipsoft, Inc., Celaton Ltd., Redwood Software, UiPath SRL, Verint System Inc., Xerox Corporation and IBM Corporation.
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Robotic Process Automation Market Segmentation -
By Process
• Automated Solution
• Decision Support & Management
• Interaction Solution
By Operation
• Rule Based
• Knowledge Based
By Offering
• Software
• Service
o Professional
o Training
By Enterprise Size
• Large Enterprise
• Small and Medium Enterprise
By Industry
• BFSI
• Telecom & IT
• Retail and Consumer Goods
• Manufacturing
• Healthcare and Pharmaceuticals
• Others (includes travel, hospitality, transportation and logistics)
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