Robotic Process Automation Market By Set To Experience Terrific Growth With Innovative Technology | Xerox Corporation, Nice Systems Ltd., Pegasystems Inc., Automation Anywhere

New innovative ideas on robotic process automation is Published by Data Bridge Market Research with 100+ market data Tables, Pie Chat, Graphs & Figures. The Global robotic process automation Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings

This robotic process automation report studies and analyses facts and figures about the market segmentation very carefully and represent it in the form of graphs for the better understanding of end user. It not only identifies the emerging trends along with major drivers, challenges and opportunities in the market but also analyses them efficiently. The market report has been specially designed by keeping in mind the customer requirements with which businesses can get assistance in increasing their return on investment (ROI). This robotic process automation report has a lot of features to offer about ABC industry such as the general market conditions, trends, inclinations, key players, opportunities, and geographical analysis.

It's vital you keep your market knowledge up to date segmented by major players Xerox Corporation, Nice Systems Ltd., Pegasystems Inc., Automation Anywhere Inc., Blue Prism PLC, Ipsoft, Inc., Celaton Ltd., Redwood Software, and so on.

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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Market Drivers:

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

Market Restraints:

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

Key Players

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.

Key Market Segmentation of Robotic process automation Market

By Process(Automated Solutions, Decision Support and Management Solution, Interaction Solution),

Operation(Rule Based, Knowledge Based),

Type(Tool Based, Service Based),

Industry(BFSI, Telecom and IT, Travel, Hospitality and Transportation, Retail and Consumer Goods, Manufacturing and Logistics, Healthcare and Pharmaceuticals, Others),

Deployment(On-Premise, Cloud),

Solution(Software, Service),

Enterprise Size(Large Enterprises, Small and Medium Enterprises),

Geography(North America, South America, Europe, Asia-Pacific, Middle East and Africa)

How this report will help to boost your business economy globally

This market research report supports to secure economies in the distribution of products and find out the best way of approaching the potential.

This research gives an in-depth knowledge on what the recent developments are, product launches are, while also keeping the track for recent acquisitions, mergers, joint ventures and competitive research in the global market industry.

The report forecasts the size of the market with information on key vendor revenues, development of the industry by upstream and downstream, industry progress, key companies, along with market segment type and market application

The report provides the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer preferences and their buying patterns, market demand and supply scenarios.

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