Press release
Robotic process automation market To Witness Massive CAGR Growth of 29.30% By 2026 - NICE Ltd, Pegasystems, Automation Anywhere, UiPath, Blue Prism, Redwood Software, Xerox, Sutherland, Atos, Celaton, Verint-Systems
Global robotic process automation market shares
Global robotic process automation market is set to witness a healthy CAGR of 29.30% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017.
This rise in the market can be attributed due to rising popularity and attractiveness of enterprise resource planning which is driving the needs of the business to move towards the automations. Robotic process automation provides good accuracy, improved cycle time and increased productivity in transaction and data processing which drives the market.
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Robotic process automation refers to the use of software with Artificial Intelligence and Machine Learning capabilities that can manage high volumes of tasks and data. These can be queries, calculations, maintenance of records and transitions. It is a series of programs and codes along with commands which are executed by robots as per the demands of business policies and guidelines. Robotic automation interacts with the existing IT architecture with no complex system integration required. The main aim of these automations is replace the boring and repeatedly task being performed by humans.
Market Drivers and Restraints:
• The ease in business process with the installation of robotic process automation is driving the growth of the market
• The consolidation of RPA with traditional business processes is booting the growth of the market
• The high adoption of AI and cloud based solutions for internal efficiency among SME’s is contributing the growth of the business
• The increasing focus on automation in BPO industry is driving the growth of the market
• The increase in the demand for the processing of high volume data and transaction functions is propelling the growth of the market
• The less potential for RPA in knowledge based business process is hampering the growth of the market
• The data insecurity risk affects the implementation of RPA in financial sector which in turn hinders the growth of the market
Key Developments in the Market:
In October 2016, Automation Anywhere Inc., announced the launch of new robotic process automation analytics solution Bot Insight that enables the users to visualize and access the complex data and can provide with the real time actionable business intelligence and operational insights on bot performance
In February 2016, NIIT Technologies has adopted intelligent automation by partnering with UiPath to drive greater business benefits for their clients globally. With the help of robotic process automation, NIIT Technologies can deliver end to end solutions to their customers
Important queries have been answered in this report
• Competitors
In this section, various Robotic process automation industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
• Sales and Revenue Analysis
Both, sales and revenue are studied for the different regions of the Robotic process automation Market. Another major aspect, price, which plays an important part in the revenue generation, is also assessed in this section for the various regions.
• Market Dynamics
The analysts explore critical influence factors, market drivers, challenges, risk factors, opportunities, and market trends in this section.
• Application Usage
The section provides up-to-date information on the customer experience which can help identify the problems as well as detailed errors in the products. Through these findings, you will be able to provide solutions to it.
• What are the market tools and techniques on the basis of which the Robotic process automation market is evaluated?
Various market research tools and techniques such as PESTEL analysis, SWOT analysis, Porter’s Five Forces analysis, Primary and secondary research methodologies have utilized to dig deep into this Robotic process automation market.
• What all regions are covered in this Robotic process automation market research report?
The focused regions are basically U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
• How does this report prove to be beneficial for the readers?
The Robotic process automation market report saves crucial time of the readers by providing deep and unbiased insights related to Robotic process automation market under one roof. Additionally, this report can be customized according to the customers’ requirement. Specific regional wise or country wise analysis is also available as per on request.
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Key Players
Leading Players of Robotic process automation Market are Nice Systems Ltd., Pegasystems Inc., Automation Anywhere Inc., Blue Prism PLC, Ipsoft, Inc., Celaton Ltd., Redwood Software, Uipath SRL, Verint System Inc., Xerox Corporation, Arago US, Inc., IBM, Thoughtonomy Ltd., Jacada Inc., Kofax Ltd, Kryon Systems, OpenConnect Systems Inc., Sutherland Global Services, Genfour, Cicero Inc., Atos SE, and others.
TABLE OF CONTENTS of Robotic process automation Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix……Continue….. For More Detailed TOC Request at
Get In-depth TOC at https://databridgemarketresearch.com/toc/?dbmr=global-robotic-process-automation-market
The record for global robotic process automation market encompass designated vendor degree analysis for market shares in 2016 for international, North the united states, Europe, Asia Pacific, middle East and Africa and South america mainly. also impact and improvement analysis of key companies is registered within the market and factored on the basis of dealer Positioning Grid analysis which measures the providers strengths and opportunities towards present marketplace challenges, degree companies capacity to pick out or fulfill gift market needs, map companies market vision to contemporary and upcoming market dynamics among others. The report additionally measures technology life line curve and market time line to analyze and do extra affective investments.
Key Market Segmentation of Robotic process automation Market
By Deployment
• On-Premises
• Cloud
By Solution
• Software
• Service
By Enterprise Size
• Large Enterprises
• Small and Medium Enterprises
By Process
Automated Solution
Decision Support and Management Solution
Interaction Solution
By Operation
Rule Based
Knowledge Based
By Type
Tool Based
• Model-Based Application Tools
• Process-Based Application Tools
Service Based
• Consulting
• Integration and Development
• Training
By Industry
• Banking, Financial Services and Insurance
• Telecom and IT Industry
• Travel, Hospitality and Transportation Industry
• Retail and Consumer Goods
• Manufacturing and Logistics Industry
• Healthcare and Pharmaceutical Industry
• Other Industries
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
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