Emerging Trends Influencing The Growth Of The Robotic Process Automation (RPA) In Information Technology Market: UiPath Launches Next-Gen Automation Cloud Revolutionizing Robotic Process Automation With Cloud Robot

The Robotic Process Automation (RPA) In Information Technology 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].

How Big Is the Robotic Process Automation (RPA) In Information Technology Market Size Expected to Be by 2034?
The market size of robotic process automation (RPA) in the field of information technology has witnessed remarkable growth over the years. It is anticipated to expand from $1.42 billion in 2024 to $1.78 billion in 2025, marking a compound annual growth rate (CAGR) of 25.3%. The noteworthy growth during the historical period can be credited to rising demands for cost-effectiveness, enhanced process efficiency, the emergence of automation in legal sectors, increasing needs for workflow optimization, and the rise of automation in manufacturing processes.

The market size for robotic process automation (RPA) in the field of information technology is set to experience a significant surge over the upcoming years. The anticipated growth is projected to reach $4.48 billion by 2029, recording a compound annual growth rate (CAGR) of 25.9%. This predicted expansion in the forecast period is propelled by several factors such as the increased embrace of artificial intelligence, a climbing trend of remote working, echoing impacts of automation within the entertainment and media industries, heightened intricacy of IT infrastructures, and escalating adoption of automation within the transportation and logistics industry. Noteworthy trends to look forward to within this forecast period encompass the amalgamation of machine learning algorithms, a leaning towards hyper-automation approaches, deployment of automation in agro-based practices, technological progressions, and the incorporation of automation within the financial services sector.

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What Are the Emerging Segments Within the Robotic Process Automation (RPA) In Information Technology Market?
The robotic process automation (RPA) in information technology market covered in this report is segmented -

1) By Tool: Model-Based Application, Process Based Application
2) By Technology: Back Office Data-Driven Process, Voice Recognition, Digital Detection, Remote Infrastructure Management, Interactive Voice Response (IVR) Systems, Internet Retailers And Services Provider
3) By Service Type: Professional Services, Training Services

Subsegments:
1) By Model-Based Application: Low-code/No-code RPA Tools, Drag-and-drop Process Automation Tools, Process Simulation Tools
2) By Process-Based Application: Task Automation Tools, Workflow Automation Tools, End-to-End Business Process Automation Tools

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What Long-Term Drivers Are Shaping Robotic Process Automation (RPA) In Information Technology Market Trends?
The upward trend of working remotely is predicted to spur the expansion of the market for robotic process automation technology. The term remote work culture denotes a professional setup where employees are given the liberty and the capacity to fulfill their occupational responsibilities outside conventional office settings. This culture is gaining momentum due to technological progress, including the availability of high-speed internet, cloud technology, and teamwork tools that enable more practical and productive remote work. Robotic process automation (RPA) supports this culture by automating routine tasks, allowing employees to concentrate on more critical work regardless of their geographical location, and encouraging cooperation via electronic workflows and immediate access to data and programs. For example, as per the Office for National Statistics (ONS), a UK governmental body, in February 2023, it was found that 44% of UK employees were working remotely in some capacity, 16% were completely working from home, and 28% were hybrid employees alternating between office and home. In contrast, in 2022, only 30% of the UK's workforce worked remotely. Therefore, the spreading remote work culture is fueling the expansion of the market for robotic process automation technology.

Who Are the Top Competitors in Key Robotic Process Automation (RPA) In Information Technology Market Segments?
Major companies operating in the robotic process automation (RPA) in information technology market are International Business Machines Corporation, SAP SE, Tata Consultancy Services, NICE Ltd., Pegasystems Inc., Verint Systems Inc., Automation Anywhere Inc., UiPath Inc., BlackLine Inc., Blue Prism Group PLC, EdgeVerve Systems Limited, HelpSystems LLC, Kofax Inc., Nintex Pty Ltd., Syntellect Inc., WorkFusion Inc., AntWorks Pte. Ltd., ABBYY USA Software House Inc., Jacada Inc., ElectroNeek Robotics Inc., Redwood Software Inc., OpenConnect Systems Inc., AutomationEdge Technologies Inc., Celaton Ltd., AutomationHero Inc., Kryon Systems Ltd

What Are the Major Trends Shaping the Robotic Process Automation (RPA) In Information Technology Market?
Leading firms in the IT industry that specialise in robotic process automation are pioneering advanced technologies like the Next-Gen UiPath automation cloud, for precise and quick results. This state-of-the-art tech solution from UiPath offers a complete foundation for automation, enabling businesses to transition towards digital platforms more effectively, rapidly, and conveniently. For instance, UiPath, a robotic process automation software manufacturer based in the US, unveiled the Next-Gen UiPath Automation Cloud in May 2022. With the launch of this product, UiPath has introduced Automation Cloud Robots along with new platform offerings designed to streamline automation procedures, bolster security, and widen the reach of automation tools across various businesses. These Automation Cloud Robots, hosted in the UiPath automation cloud, are Software-as-a-Service (SaaS) robots that allow for the immediate deployment of unattended robots, bypassing the need for IT resources or infrastructure.

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Which Regions Are Becoming Hubs for Robotic Process Automation (RPA) In Information Technology Market Innovation?
North America was the largest region in the robotic process automation (RPA) in information technology 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) in information technology 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) In Information Technology Market?
2. What is the CAGR expected in the Robotic Process Automation (RPA) In Information Technology Market?
3. What Are the Key Innovations Transforming the Robotic Process Automation (RPA) In Information Technology Industry?
4. Which Region Is Leading the Robotic Process Automation (RPA) In Information Technology Market?

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