openPR Logo
Press release

Global IT Robotic Automation Market Analysis 2017 - 2025 Just Published

09-15-2017 07:35 AM CET | IT, New Media & Software

Press release from: MRRSE

IT Robotic Automation

IT Robotic Automation

IT robotic automation is a go-to solution for organizations to benefit from process automation and advanced analytics in operations and processes at economical prices, which was not possible with earlier automation approaches. IT robots (automation software) are programmed to be used with data-driven and rule-based processes, which work towards aspects such as improving productivity and compliance accuracy, and can be applied irrespective of industry and application. IT robotic automation has modernized the way various business processes, IT management and support processes, workflow processes, and back-office processes are managed in a cost effective manner.

The technology holds strong promise in transforming workplaces and is expected to see adoption at an exponential rate the next few years. Transparency Market Research estimates that the IT robotic automation market will expand at a CAGR of 47.1% over the period between 2016 and 2024. If the number holds true, the market will rise to a valuation of US$16,884.0 mn by 2024.

Request For Sample Report: http://www.mrrse.com/sample/741

IT Robotic Automation Services to Comprise Bulk of Market Revenue

The IT robotic automation market is segmented in the report on the basis of two crucial types of solutions offered by the market: tools and services. The market for IT robotic automation tools is anticipated to expand at a faster CAGR of 51.8% as compared to the segment of services. The IT robotic automation services’ segment, however, presently dominates, accounting for a share of over 68% in the global market in 2015. The services’ segment is expected to continue to comprise the bulk of revenue gained by the global market in the next few years as well.

The tools’ segment is further categorized into model-based and process-based application tools, where the model-based tools segment is anticipated to lead the market, holding a share of over 52% of the global market by 2024. Of the two key types of services offered by companies in the IT robotic automation market, the segment of training services is expected to expand at a faster growth rate as compared to professional services over the forecast period.

Early Adoption to Help North America Retain Market Dominance

IT robotic automation has been predominantly adopted in various industries in North America, making the region the dominant shareholder in the global IT robotic automation market in terms of revenue contribution. Rapid developments in computing technologies in the region indicate that the region will continue to observe significant growth in the field of IT robotic automation in the coming years as well. In addition, the rising IT and IT-related services are likely to bring surge in the implementation of automation services in the region in the next few years.

?Europe is likely to witness healthy growth in terms of the demand for IT robotic automation over the period between 2016 and 2024, considering the increasing preference to robotics in transforming workplaces. Owing to the vast pool of services and tools offered by service providers in the region, the utilization of robotic software across a large number of small-, medium-, and large-scale businesses is expected to expand at a healthy pace in the next few years.

Asia Pacific is anticipated to be a high potential market for the IT robotic process automation during the forecast period. Technologically advanced countries such as Japan and China are the major contributors in terms of adoption of process automation in the region. Furthermore, rising investments in corporate sector and instantaneous developments of IT infrastructure in the developing countries such as India and Philippines are anticipated to favor the IT robotic automation market in Asia Pacific in the near future.

Some of the key global providers of IT robotic automation are Blue Prism, Be Informed B.V., Appian, IPSoft, Inc., Tata Consultancy Services Limited., Infosys Limited, Cognizant Technology Solutions Corp., Atos SE, Capgemini, Genfour, Genpact Ltd., Automation Anywhere, Inc., Sutherland Global Services, Inc., and UiPath Srl.

The IT Robotic Automation market report provides analysis for the period 2014–2024, wherein the period from 2016 to 2024 is the forecast and 2015 is the base year. The report covers all the major trends and technologies playing a key role in the IT robotic automation market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market’s growth during the said period in terms of revenue (in US$ Mn). The report provides brief analysis for the geographies which include North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America. The IT robotic automation market has been segmented by solutions type into tools and services. These are further segmented into model-based application tools and process-based application tools. The services are further studied based on professional and training services. Professional services are further segmented into consulting, integration and development, and BPO services.

Browse Full Report With TOC: http://www.mrrse.com/it-robotic-automation-market

The market overview section of the report outlines the drivers, restraints, and opportunities that influence the current nature and future standing of this market. The report represents the market attractiveness for segments that include solution, tools and services, and their sub-segments influencing the adoption of IT robotic automation. Report also includes ecosystem analysis to recognize key participants in the IT robotic automation along with their role in the ecosystem. Moreover, the report provides an overview of the various strategies of key players in the market.

Global IT Robotic Automation Market: Overview

Major factors driving the global IT robotic automation market include cost benefits and improved efficiency in process handling, ability to leverage other application software without integration, increased adoption in finance and accounting (F&A) sector and alternative to offshore outsourcing. The robotic process automation decreases the human intervention in routine repetitive tasks and thus creates a virtual workforce for handling large number of tasks. Additionally, automation takes place at the GUI layer which eliminates need of integration with other systems. Moreover, robots can work for long duration terminating the constraints of limited hours of human labor work. Thus, significant reductions in cost, time and labor can be achieved by implementing robotic process automation.

Global IT Robotic Automation Market: Competitive Dynamics

The report also highlights the competitive landscape of the IT robotic automation market, positioning all the major players according to their geographic presence, solutions/services offered, focus on research and development, and recent developments. The comprehensive IT robotic automation market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the IT robotic automation market’s growth.

The IT robotic automation market involves robotic automation technology providers and robotic automation service providers. The major providers of IT robotic automation includes Blue Prism, Be Informed B.V., Appian, IPSoft, Inc. , Tata Consultancy Services Limited., Infosys Limited, Cognizant Technology Solutions Corp., Atos SE, Capgemini, Genfour, Genpact Ltd., Automation Anywhere, Inc., Sutherland Global Services, Inc., and UiPath Srl. Details such as financials, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

The IT Robotic Automation market is segmented as below:

IT Robotic Automation Market

By Solution

Tools
Services
By Tools

Model Based
Process Based
By Services

Professional
Consulting
Integration and Development
BPO
Training
By Geography

North America
Europe
Asia Pacific
Middle East and Africa
South America

Send An Enquiry: http://www.mrrse.com/enquiry/741

About Us

Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords. 

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact                   

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: http://www.mrrse.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global IT Robotic Automation Market Analysis 2017 - 2025 Just Published here

News-ID: 718472 • Views: 422

More Releases from MRRSE

Sales of Digital Printing for Packaging Market Motivated with Rising Demand from …
A recent market study published by MRRSE, “Digital Printing for Packaging Market: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the digital printing for packaging market, the growth prospects of the market are obtained with maximum precision. Get Brochure of The Report @ https://www.mrrse.com/sample/3234 Chapter 01 – Executive Summary The
Biofuel Testing Services Market Insights Covering Market Dynamics and Competitiv …
A recent market study published by MRRSE “Biofuel Testing Services Market: Global Industry Analysis 2013-2017 & Forecast 2018-2028” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the biofuel testing services market, the growth prospects of the market are obtained with maximum precision. Chapter 01 – Executive Summary The report commences with the executive summary of the
Potassium Formate Market Growth Influenced by Burgeoning Opportunities from Prim …
A research study published by MRRSE provides readers with a comprehensive outlook of the global potassium formate market, to precisely gauge its futuristic development. It assesses the potassium formate industry on the historical and current scenario, and also includes a forecast for 2019 through to 2027. The report is designed to help key stakeholders make business decisions pertaining to the potassium formate market with the help of key findings and
Sales of Lithium-ion Battery Market Motivated with Rising Demand from Industrial …
MRRSE, in its recently published research report, brings forth actionable intelligence into the lithium-ion battery market. The business study is intended at equipping stakeholders in the lithium-ion battery market with distinguished insights, and help them in developing sustainable growth strategies for business advancement. This comprehensive research report provides an incisive outlook regarding the changing dynamics of the lithium-ion battery market, by identifying key drivers, restraints, opportunities, and threats. This study also

All 5 Releases


More Releases for Automation

Linear Transfer Systems Market to Witness Huge Growth by 2028 | ATS Automation, …
Linear Transfer Systems Market research report provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets. It also offers an in-depth examination of new product launches, recent developments, untapped geographies, and recent developments. Moreover, the report also provides intelligent insights on future technologies, R&D activities, and breakthrough product developments. Click Here For Free Sample + Related Graphs of the Report at: https://www.reportsnreports.com/contacts/requestsample.aspx?name=6210965 This research report
Linear Transfer Systems Market Top Key Players Focused - ATS Automation, Rockwel …
“Linear Transfer Systems Market” report explores manufacturer’s competitive scenario and provides market share for all major players of this market based on production capacity, sales, revenue, geographical presence and other major factors. The report also covers import/export data across all major regions covered in this report. Download Sample PDF copy of this report @ https://www.upmarketresearch.com/home/requested_sample/65246 The key players covered in this study ATS Automation Rockwell Automation Beckhoff Automation Preh IMA Automation Ruhlamat Afag Motion Index Drives Pematech TAKTOMAT Haberkorn Innovative Automation Mecsmart Systems Meto-Fer This
Global Linear Transfer Systems Market Report 2019 Companies included ATS Automat …
Market Reports Company has recently published 7th edition of Linear Transfer Systems Market Report which covers historic data of year 2013 to 2018 along with a forecast till year 2026. For inquiry or free sample pages email us at: sales@marketreportscompany.com The report provides a comprehensive view on the current state and future prospects of the market which analyzes different strategies for business growth. The global Linear Transfer Systems market was valued at
Linear Transfer Automation Market Size 2018 by Top Key Players and Application w …
The Linear Transfer Automation report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market This report studies the global Linear Transfer Automation market status and forecast, categorizes
Digital Process Automation Market Report 2018: Segmentation by Component, Busine …
Global Digital Process Automation market research report provides company profile for IBM (US), Appian (US), DST Systems (US), OpenText (Canada), K2 (US), Bizagi (England), DXC (US), Infosys (India), Oracle (US), Pegasystems (US), Tibco (US) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Linear Transfer Systems Market Trend to 2023 Profiling ATS Automation, Rockwell …
MarketStudyReport.com adds New “Global Linear Transfer Systems Market by Manufacturers, Countries, Type and Application, Forecast to 2023” new report to its research database. The report spread across 108 pages with table and figures in it. The report provides information on Industry Trends, Demand, Top Manufacturers, Countries, Material and Application. An inherent sub-vertical of the Manufacturing and Construction Industry space, Linear Transfer Systems Market stands to gain remarkable proceeds over 2018-2023, as