Driving Efficiency and Productivity: Global Robotic Process Automation Market Surpasses USD 51.2 Billion in 2022, Expected to Grow at a CAGR of 20.1% from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Robotic Process Automation market size accounted for USD 51.2 Billion in 2022, growing at a CAGR of 20.1% from 2023 to 2033. The Robotic Process Automation (RPA) market refers to the industry that deals with the development, implementation, and adoption of software robots or bots that automate repetitive, rule-based tasks within business processes. RPA technology uses artificial intelligence (AI) and machine learning capabilities to mimic human interactions with digital systems and perform tasks such as data entry, data manipulation, and transaction processing. The RPA market has been experiencing significant growth in recent years due to its potential to improve operational efficiency, reduce costs, and enhance accuracy and speed in business processes. Organizations across various industries are adopting RPA solutions to streamline their operations and free up human resources for more strategic and value-added activities.
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Key Highlights:
• The global Robotic Process Automation Market size was valued at USD 51.2 billion in 2022 growing at a CAGR of 20.1% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Robotic Process Automation Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Robotic Process Automation market report also includes the following data points:
• COVID19 Impact on Robotic Process Automation market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Robotic Process Automation market
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Key Players
Some of the major Robotic Process Automation players holding high market share include Automation Anywhere, Blue Prism Limited, EdgeVerve Systems Limited, and Kofax Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Automation Anywhere
• Blue Prism Limited
• EdgeVerve Systems Limited
• Kofax Inc.
• FPT Software
• NTT Advanced Technology Corporation
• OnviSource, Inc.
• Pegasystems Inc.
• UiPath
• Xerox Corporation.
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Robotic Process Automation Market:
o Services
 Implementing
 Consulting
 Training
o Software
Market Segment By Deployment with focus on market share, consumption trend, and growth rate of Robotic Process Automation Market:
o On-Premise
o Cloud
Market Segment By organization with a focus on market share, consumption trend, and growth rate of the Robotic Process Automation Market:
o SMEs
o Large Enterprises
Parameters Details
Market Size (2022) $ 51.2 Billion
CAGR (2023 to 2033) 20.1%
Market Segmentation Type, Deployment, Organization
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Robotic Process Automation Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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