Comprehensive analysis on Robotic Process Automation (RPA) Market Growth | Key Players are: Blue Prism Group Plc (UK), Celaton Ltd. (UK), Softomotive (UK), Kofax Ltd. (U.S.), Xerox Corporation (U.S.), Automation Anywhere Inc. (U.S.), Ipsoft, Inc. (U.S.),

Market Study Report Provides A Detailed Overview Of Robotic Process Automation (RPA) Market With Respect To The Pivotal Drivers Influencing The Revenue Graph Of This Business Sphere. The Current Trends Of Robotic Process Automation (RPA) Market In Conjunction With The Geographical Landscape, Demand Spectrum, Remuneration Scale, And Growth Graph Of This Vertical Have Also Been Included In This Report.

The Robotic Process Automation (RPA) market size is anticipated to reach USD 8,781.2 million by 2026 growing at a CAGR of 29.5%. Requirement of businesses to eliminate human errors due to manual interference in processes along with reduction in time consumption are factors responsible for positively influencing the adoption rate of RPA technology.

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Previously artificial intelligence and robotic process automation were largely considered to be different technologies. But, with advancements in the offerings it is observed these technologies are complimenting each other in terms of handling processes. It enables organizations in processing huge volumes of data and in providing support for better decision making. Cognitive computing which covers wide array of areas including adaptive learning, speech recognition, and pattern identification is integrated in robotic process automation (RPA) solutions to transform and automate crucial business processes of organizations across multiple industry verticals.

The potential of achieving robust ROI from deployment of RPA completely dependent on the organizational requirements and business processes which are to be automated. In the near future, the market is expected to witness growing base of RPA vendors as they target to gain revenue share from this expanding market. This is expected through introduction of solutions which will cater to the rising need to automate business process management processes. Furthermore, the adoption is expected to intensify as the prices of RPA deployment are continually witnessing a declining trend. Moreover, this technology adoption provides organizations the capability to accomplish better outcomes from their process with benefits including reduction in costs, improved accuracy, and better compliance.

However, factors like reluctance in the transition phase from conventional business process to automation along with shortage in technical expertise required during deployment and integration of RPA solution are challenges which might affect the growth in this market. roThis market report includes insights with market size and forecast by process, by operation, by type, by industry, and by organization size. Analysis for each region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) is provided for all segmentation of the robotic process automation market research report.

North America is expected to be largest regional market while Asia Pacific regional market is expected to witness significant growth during the forecast period of 2018 to 2026. The region's leading position is attributed to significant demand and preference of the BFSI industry vertical towards automation of business processes. Furthermore, presence of established and major players in North America region and availability of infrastructure for effective adoption of RPA is another factor responsible for the boost in adoption of robotic process automation solutions.

European region is expected to witness growth in this market as the region has a presence of significant amount of companies in the manufacturing and logistics sector. Adoption of RPA technology provides the capability to streamline pickup and drop operations. This eventually leads to reduction in cycle time ultimately resulting in enhanced customer experience.

The major key players operating in the robotic process automation (RPA) market include Blue Prism Group Plc (UK), Celaton Ltd. (UK), Softomotive (UK), Kofax Ltd. (U.S.), Xerox Corporation (U.S.), Automation Anywhere Inc. (U.S.), Ipsoft, Inc. (U.S.), UiPath (U.S.), Verint Systems Inc. (U.S.), Pegasystems Inc. (U.S.), Redwood Software (Netherlands), Daythree Business Services sdn bhd (Malaysia), and Kryon Systems (Israel).

The marker research report has segmented the global robotic process automation market on the basis of process, operation, type, industry, organization size, and region:

Robotic Process Automation by Process Outlook (Revenue, USD Million, 2015 - 2026)

Automated Solution

Decision Support and Management Solution

Interaction Solution

Robotic Process Automation by Operation Outlook (Revenue, USD Million, 2015 - 2026)

Rule Based

Knowledge Based

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Robotic Process Automation by Type Outlook (Revenue, USD Million, 2015 - 2026)

Tool Based

Model-Based Application Tools

Process-Based Application Tools

Service Based

Consulting

Integration and Development

Training

Robotic Process Automation by Industry Outlook (Revenue, USD Million, 2015 - 2026)

IT & Telecom

Healthcare and Pharma

BFSI

Manufacturing

Logistics

Retail

Travel & Hospitality

Others

Robotic Process Automation by Organization Size Outlook (Revenue, USD Million, 2015 - 2026)

Small and Medium Sized Businesses (SMBs)

Large Enterprises

Table of Contents

Overview and Scope
1.1. Research goal & scope

1.2. Research assumptions

1.3. Research Methodology

1.3.1. Primary data sources

1.3.2. Secondary data sources

1.4. Key take-away

1.5. Stakeholders

Executive Summary
2.1. Market Definition

2.2. Market Segmentation

Robotic Process Automation Market Insights
3.1. Robotic Process Automation- Industry snapshot

3.2. Robotic Process Automation - Ecosystem analysis

3.3. Robotic Process Automation Market Dynamics

3.3.1. Robotic Process Automation - Market Forces

3.3.1.1. Robotic Process Automation Market Driver Analysis

3.3.1.2. Robotic Process Automation Market Restraint/Challenges analysis

3.3.1.3. Robotic Process Automation Market Opportunity Analysis

3.4. Industry analysis - Porter's five force

3.4.1. Bargaining power of supplier

3.4.2. Bargaining power of buyer

3.4.3. Threat of substitute

3.4.4. Threat of new entrant

3.4.5. Degree of competition

3.5. Robotic Process Automation Market PEST Analysis

3.6. Robotic Process Automation Market Value Chain Analysis

3.7. Meningitis Diagnosis Industry Trends

3.8. Competitive Ranking Analysis

Robotic Process Automation Market Size and Forecast by Process, 2018-2026
4.1. Key Findings

4.2. Automated Solution

4.3. Decision Support and Management Solution

4.4. Interaction Solution

Robotic Process Automation Market Size and Forecast by Operation, 2018-2026
5.1. Key Findings

5.2. Rule Based

5.3. Knowledge Based

Robotic Process Automation Market Size and Forecast by Type, 2018-2026
6.1. Key Findings

6.2. Tool Based

6.2.1. Model-Based Application Tools

6.2.2. Process-Based Application Tools

6.3. Service Based

6.3.1. Consulting

6.3.2. Integration and Development

6.3.3. Training

Robotic Process Automation Market Size and Forecast by Industry, 2018-2026
7.1. Key Findings

7.2. IT & Telecom

7.3. Healthcare and Pharma

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