Robotic Process Automation Market with Competitive Analysis, New Business Developments and Top Companies 2021-2029

Robotic Process Automation Market

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. 

Get a Sample PDF Report:
https://straitsresearch.com/report/Robotic-Process-Automation-market/request-sample

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

Benefits of Robotic Process Automation (RPA)

Economic — The Return on Investment (ROI) on the implementation of RPA is approximately less than a year, whereas calculative ROI over a period of three years would be about 300% to 1000%.

Accurate — An RPA integrated system can complete a given task in real-time with an accuracy rate of about 100% by eliminating data inconsistencies across various applications.

Transparent — RPA has an inbuilt capability of generating a complete audit trail for every process or operation is undertaken, which gives the organization full transparency.

Faster — An RPA solution can complete any process or operation 30 times faster than a human. It simultaneously increases speed and reduces the wait, improving customer experience and boosting efficiency.

Fewer Errors/Defects —RPA reduces error rates across the processes associated with technical operations and human resources. For instance, it helps reduce errors that are likely to occur in the process of managing staff by providing the required information in a timely manner.

Scalable —RPA is a flexible solution that can be scaled in accordance with demand and applied across several distinct, unrelated processes of a company’s overall operational channel.

Enhanced Control —RPA is an economical solution for several business organizations as it helps control operations that are majorly outsourced due to a lack of resources and time restraints.

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

For More Details On this Report:
https://straitsresearch.com/report/Robotic-Process-Automation-market

Contact Us:

Company Name: Straits Research
Email: sales@straitsresearch.com
Phone:
+1 646 480 7505 (U.S.)
+91 8087085354 (India)
+44 208 068 9665 (U.K.)

About Us:

Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches. This approach of using various research and analysis strategies enable us to determine greater insights by eliminating the research costs. Moreover, we're continually developing, not only with regards to where we measure, or who we measure but in how our visions can enable you to drive cost-effective growth.

This release was published on openPR.