Robotic Process Automation Market with Competitive Analysis, New Business Developments and Top Companies 2021-2026
The need for empowering resources through technology is rising in tandem with the growing focus on automation and fully utilizing available resources. Robotic Process Automation (RPA) is based on the notion of artificial intelligence workers or software workers that replicate the actions of human beings interacting with a computer system’s user interface. It is an emerging concept of clerical process automation and provides companies with a rule-based virtual workforce.
The Major Players Covered in this Report:
Nice Systems Ltd., Pegasystems Inc., Automation Anywhere, Blue Prism PLC, Ipsoft, Inc., Celaton Ltd., Redwood Software, Uipath SRL, Verinta System Inc., Premier Logic, Xerox Corporation, Arago Us, Inc., IBM Corporation, Thoughtonomy Ltd.
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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 & Development, Training,
By Industry, , BFSI, Telecom and IT, Travel & Hospitality, Retail &Consumer Goods, Manufacturing& Logistics, Healthcare & Pharmaceuticals, Others
Investments in RPA Across Different Verticals
Since its inception around 7–8 years ago, RPA has seen the most notable contributions in terms of tech advancement by Japan, the U.K., and the U.S. on account of their well-established technological infrastructure. The robotic process automation market is evolving rapidly against a backdrop of the increasing demand for accuracy and sophistication, growing investments, increasing awareness, and expansion in new markets.
Organizations offering services in different industrial verticals across the globe are significantly spending on technology. To understand the scenario better, companies have been segmented into beginners, intermediates, and leaders. As per our analysis, beginners spend approx. USD 1–2 million annually on RPA, whereas intermediates and leaders invest approx. USD 3–4 million and USD 10–12 million, respectively.
Regional Analysis For Robotic Process Automation Market:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
In this study, the years considered to estimate the market size of the Robotic Process Automation are as follows:
History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026
The study objectives of this report are:
To study and forecast the market size of the Robotic Process Automation in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players
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