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Robotic Process Automation Market Size, Share, Trends, Growth Report 2022-2027

12-12-2022 05:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Robotic Process Automation Market Size, Share, Trends, Growth

IMARC Group has recently released a new research study titled "Robotic Process Automation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global robotic process automation market reached a value of US$ 2.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.4 Billion by 2027, exhibiting a CAGR of 30.08% during 2022-2027.

Robotic process automation (RPA) represents an advanced software technology that builds, deploys, and manages software robots. It assists in manipulating data, passing data from various applications, triggering responses, or executing transactions. Robotic process automation also aids in streamlining workflows and increasing employee satisfaction, engagement, and productivity by eliminating repetitive tasks from their workdays. Besides this, it offers numerous benefits, such as greater resilience, higher accuracy, accelerated transformation, enhanced compliance, improved productivity, etc. Robotic process automation is also scalable, requires minimal investment, and provides a significant return on investment (ROI).

Impact of COVID-19:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/robotic-process-automation-market/requestsample

Robotic Process Automation Market Trends and Drivers:

Shifting consumer preferences towards remote working to comply with government regulations regarding COVID-19, continue business operations, and prevent the spread of the pandemic, are primarily driving the global RPA market. Besides this, various leading players are integrating RPA with advanced technologies, such as machine learning (ML), which is further augmenting the market growth. Additionally, numerous key manufacturers are utilizing artificial intelligence (AI) to handle cognitive processes that require skills, including visualizing screens, comprehending speech, carrying on conversations and chats, understanding documents, etc. This, in turn, will continue to propel the RPA market over the forecasted period.

Explore full report with table of contents: https://www.imarcgroup.com/robotic-process-automation-market

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Component:

Software
Services

Breakup by Operation:

Rule-based
Knowledge-based

Breakup by Deployment Model:

On-premises
Cloud-based

Breakup by Organization Size:

Large Enterprises
Small and Medium Sized Enterprises

Breakup by End User:

BFSI
Healthcare and Pharmaceuticals
Retail and Consumer Goods
IT and Telecommunication
Government and Defense
Transportation and Logistics
Energy and Utilities
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Amelia US LLC
Automation Anywhere Inc.
AutomationEdge
Blue Prism Group PLC
Infosys Limited
International Business Machines Corporation
Kofax Inc.
NICE Ltd.
Pegasystems Inc.
UiPath, Verint Systems
WorkFusion Inc.

Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Contact Us:

IMARC Services Private Limited

30 N Gould St Ste R

Sheridan, WY 82801 USA - Wyoming

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.

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