Robotic Process Automation (RPA) Market Growth Forecast 2025: Industry Trends, Market Size, and Projections

The Robotic Process Automation (RPA) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Robotic Process Automation (RPA) Market Size and Projected Growth Rate?
The market size for robotic process automation (RPA) has witnessed tremendous growth in the past few years. It is expected to increase from $7.94 billion in 2024 to $9.91 billion in 2025, with a compound annual growth rate (CAGR) of 24.8%. The notable growth in the historical period was due to factors such as better cost effectiveness, improved process efficiency and precision, scalability, risk mitigation and compliance, and an improved customer experience.

The market size of robotic process automation (RPA) is projected to witness enormous expansion in the forthcoming years. Predictions show it will reach a worth of $24 billion by 2029, growing at a compounding annual growth rate of 24.8%. The projected growth during this period is mainly due to the rise in cloud-based RPA solutions, its growing popularity among SMEs, heightened emphasis on intelligent automation, and its increasing adoption across different industries. The forecast period is also expected to see major trends such as breakthrough product innovations, strategic partnerships, technological progress, and the adoption of creative practices to attract and engage a larger clientele.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14179

What Are the Major Segments in the Robotic Process Automation (RPA) Market?
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

Subsegments:
1) By Software: RPA Development Tools, RPA Deployment Tools, RPA Analytics Tools, RPA Integration Tools
2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training And Education Services

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14179&type=smp

What Are The Driving Robotic Process Automation (RPA) Market Evolution?
The escalating necessity for business process automation is anticipated to fuel the progress of the robotic process automation (RPA) market. Business process automation (BPA) denotes the application of technology to simplify and mechanize the mundane and manual tasks within organizational procedures. The increased demand for business process automation can be attributed to the quest for efficiency, economic savings, and improved productivity in the fast-paced and aggressive business environment of today. RPA provides leading-edge technological solutions that optimize operations and boost efficiency, thus fulfilling the surge in demand for business process automation by automating repetitive, rule-based tasks like data entry, invoice processing, and report generation, usually performed manually. For example, in July 2024, the World Bank Group, a US-based international financial institution, reported the total project cost across 156 investments to be approximately $6.172 billion, inclusive of borrower co-financing. Out of this sum, the World Bank contributed $5.283 billion, covering projects that exceed solely financial management information systems (FMIS). Precisely, the FMIS elements within these undertakings constitute nearly $1.226 billion in investments. Consequently, the rising need for business process automation propels the expansion of the robotic process automation (RPA) market.

Which Firms Dominate The Robotic Process Automation (RPA) Market Segments?
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)

What Trends Are Driving Growth in The Robotic Process Automation (RPA) Market?
Leading businesses in the Robotic Process Automation (RPA) market are innovating advanced solutions such as RPA technology to expedite purchase processes for recurring customers. This technology maximizes operational effectiveness by automating repetitive tasks, diminishing inaccuracies, and boosting productivity in business operations. For instance, in December 2022, Liquid Payments Inc. (LQ), an American omnichannel healthcare payments platform, launched a One-Click Payment integration utilizing RPA, offering medical and dental practices improved comfort, consistency, and efficiency in handling patient payments. This solution is precisely crafted to fine-tune the payment experience for both the patients and the practices and can be flawlessly incorporated into any healthcare practice management system. The latest enhancements encompass a refined integration layer, improving the link between patient payments and the parent Practice Management System (PMS). The final result is a streamlined and efficient process, guaranteeing quicker and more precise patient payments for healthcare practices.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/robotic-process-automation-rpa-global-market-report

Which Is The Largest Region In The Robotic Process Automation (RPA) Market?
North America was the largest region in the robotic process automation (RPA) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robotic process automation (RPA) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Robotic Process Automation (RPA) Market?
2. What is the CAGR expected in the Robotic Process Automation (RPA) Market?
3. What Are the Key Innovations Transforming the Robotic Process Automation (RPA) Industry?
4. Which Region Is Leading the Robotic Process Automation (RPA) Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.