Robotic Process Automation (RPA) Market Size, Share , Latest Trends, Key Players And Forecast To 2033

"The new report published by The Business Research Company, titled ""Robotic Process Automation (RPA) Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the robotic process automation (RPA) market size has grown exponentially in recent years. It will grow from $6.34 billion in 2023 to $7.94 billion in 2024 at a compound annual growth rate (CAGR) of 25.2%. The robotic process automation (RPA) market size is expected to see exponential growth in the next few years. It will grow to $19.21 billion in 2028 at a compound annual growth rate (CAGR) of 24.7%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=14179&type=smp

Increasing Demand For Automation Of Business Processes Fuels Robotic Process Automation (RPA) Market
The increasing demand for automation of business processes is expected to propel the growth of the robotic process automation (RPA) market going forward. Business process automation (BPA) refers to the use of technology to streamline and automate routine and manual tasks within organizational processes. Increasing demand for automation of business processes is driven by the pursuit of efficiency, cost savings, and enhanced productivity in today's competitive and rapidly evolving business landscape. Robotic process automation (RPA) addresses the increasing demand for automation of business processes by offering advanced technological solutions that streamline operations and enhance efficiency, allowing organizations to automate repetitive and rule-based tasks, such as data entry, invoice processing, and report generation, which were traditionally performed manually. For instance, in December 2023, according to a European Commission report, the Belgium-based independent executive arm, AI adoption has seen a significant rise among businesses, with 8% of EU enterprises incorporating artificial intelligence technologies. Among large EU enterprises, the adoption rate is even higher at 28%, and 53% of EU enterprises utilizing AI have opted for off-the-shelf commercial AI software or systems. Therefore, the increasing demand for automation of business processes is driving the growth of the robotic process automation (RPA) market.

Integration Of Advanced Technologies Enhanced Robotic Process Automation (RPA) Market Presence
Major companies operating in the robotic process automation (RPA) market are developing advanced solutions such as RPA (Robotics Processing Automation) technology to faster purchase processes for repeat customers. The technology enhances operational efficiency by automating repetitive tasks, reducing errors, and increasing productivity in business processes. For instance, in December 2022, Liquid Payments Inc. (LQ), a US-based omnichannel healthcare payments platform, launched a One-Click Payment integration based on robotic process automation (RPA), providing medical and dental practices with enhanced ease, reliability, and efficiency in processing patient payments. This solution is tailored to optimize the payment experience for both patients and practices and can be seamlessly integrated into any healthcare practice management system. The recent update includes a refined integration layer, further enhancing the connection between patient payments and the underlying Practice Management System (PMS). The outcome is a streamlined and efficient process, ensuring faster and more accurate patient payments for healthcare practices.

The robotic process automation (RPA) market covered in this report is segmented -

1) By Component: Software, Services
2) By Operation: Rule-Based, Knowledge-Based
3) By Deployment: Cloud, On-Premise
4) By Organization: Large Enterprise, Small And Medium Enterprise
5) By Application: Banking, Financial Services, And Insurance (BFSI), Manufacturing, Healthcare And Pharmaceuticals, Information Technology (IT) And Telecommunications, Retail And Consumer Goods, Government And Defense, Energy And Utilities, Transportation And Logistics

Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=14179&type=discount

Major companies operating in the robotic process automation (RPA) market are Microsoft Corporation, International Business Machines Corporation, SAP SE, CGI Inc., Xerox Corporation, Genpact Limited, Nice Systems Ltd., Pegasystems Inc., Verint Systems Inc., UiPath Inc., FPT Software, BlackLine Inc., KOFAX Inc., Automation Anywhere Inc., IPsoft Inc., NTT Advanced Technology Corp., EdgeVerve Systems Ltd., Datamatics Global Services Limited, Uniphore., WorkFusion Inc., Redwood Software, Jacada Inc., AutomationEdge Technologies Inc., Kyron Systems, OnviSource Inc., Salesforce (Servicetrace GmbH/Mulesoft Inc.), Blue Prism Group PLC, Be Informed B.V., Jidoka, HelpSystems LLC (HGGC)

Contents of the report:
1. Executive Summary
2. Robotic Process Automation (RPA) Market Report Structure
3. Robotic Process Automation (RPA) Market Trends And Strategies
4. Robotic Process Automation (RPA) Market - Macro Economic Scenario
5. Robotic Process Automation (RPA) Market Size And Growth
…..
27. Robotic Process Automation (RPA) Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/robotic-process-automation-rpa-global-market-report

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.