Press release
Robotic Process Automation (RPA) Market 2019 Global Industry Analysis by Size, Share and Key Competitors like: Automation Anywhere, Ipsoft, Nice Systems, Pegasystems, Redwood Software, Uipath, Xerox
The report on the Global Robotic Process Automation market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.Market Highlights:
Robotic Automation uses software robots to copy humans performing repetitive acts with business applications. Robotic Process Automation first originated in the year 2000. It uses artificial intelligence and machine learning capabilities to execute repetitive tasks that require human intervention.
A report published by Market Research Future states that the robotic process automation market is expected to grow by USD 2,700 Million approximately by 2023 at 29% CAGR between 2017 and 2023.The factors that are driving growth of this market are high levels of cost saving for businesses. Since robots are utilized for the processes it helps reduce operational costs and also costs arising from human error. Thus a onetime investment on RPA ensures high returns to businesses who are more than eager to integrate these processes in their workflows.
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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.),
are profiled in Market Research Future analysis and are at the forefront of competition in the Robotic Process Automation market.
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.
Competitive Analysis
With the entry of new industry players in the robotic process automation segment, a trend of solid, volume-driven growth has been observed in the market with the addition of new and advanced product types in the segment. Companies are aiming to capture & solidify their share of the market segment, by competing and experimenting with various advantage points. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Effective planning is essential in terms of business development so as to gain maximum returns on investment.
Geographical Analysis
The regional analysis of Robotic Process Automation market is studied for North America, Europe, Asia Pacific and Rest of the World. Since a large number of autonomous vehicles market firms are based in North America, it is one of the leading player in Robotic Process Automation market. Moreover, countries like U.S. and Canada have adopted robots and artificial intelligence technology in various industry segments, North America will dominate the Robotic Process Automation market. Hence, the key players in the market are constantly innovating and investing in research and development activities in order to create cost-effective product portfolio.
With rapid advancements in digitization and information technology in countries like China, India and Japan; the Asia Pacific region is expected to grow at highest CAGR in robotic process automation market.
Segmentation:
The MRFR analysis is segmented into five key dynamics for the convenience of the report and enhanced understanding;
By Process: Automated Solution, Decision Support & Management Solution and Interaction Solution among others.
By Operations : Spend Analysis, E-Sourcing, E-Procurement, Contract Management and Supplier Management among others.
By Types: Tools, Services and Travel & Logistics
By Industries : BFSI, Healthcare & Pharmaceuticals, Manufacturing & Logistics, IT & Telecommunication, Retail, Travel, Hospitality, and Transportation among others.
By Regions: North America, Europe, APAC and Rest-of-the-World.
The BFSI segment by industries held the largest share of the robotic process automation market, in 2016.
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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
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
TABLE 4 ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY
TABLE 5 ROBOTIC PROCESS AUTOMATION MARKET, BY REGION
TABLE 6 NORTH AMERICA ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS
TABLE 7 NORTH AMERICA ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS
Continued………
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 (%)
FIGURE 5 ROBOTIC PROCESS AUTOMATION MARKET: BY INDUSTRY (%)
FIGURE 6 ROBOTIC PROCESS AUTOMATION MARKET: BY REGION (%)
Continued………
For More Information @
http://www.ktvn.com/story/39493277/robotic-process-automation-market-global-analysis-by-recent-trends-size-rpa-industry-applications-growth-factors-competitive-landscape-with-regional
https://www.reuters.com/brandfeatures/venture-capital/article?id=50737
https://www.rfdtv.com/story/39667530/robotic-process-automation-market-company-profiles-2018-rpa-industry-historical-analysis-recent-trends-opportunity-assessment-future-scope-and
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.
Contact:,
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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