Robotic Process Automation Market

Robotic Process Automation Market by Trends, Key Players, Driver, Segmentation, Forecast to 2024

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MarketStudyReport.com Adds New Robotic Process Automation Market 2017 – 2024 research report providing information and data By Tools, By Operation, By Service, By Solution, By Organization Size, By Application, Industry Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast spreading across 190 Pages with table and figures in it.

Robotic Process Automation Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 20% CAGR to 2024.

The growing adoption of RPA technology by organizations to enhance their capabilities, performance and reduce operational costs is expected to drive the Robotic process automation market growth over the forecast timeline. In order to gain ease of the processes, organizations are increasingly deploying these solutions with the traditional business processes. Surge in demand to eliminate manual interference in simplified and time-consuming business processes is predicted to increase the technology adoption rate. Robotic Process Automation (RPA) Market size is set to exceed USD 5 billion by 2024; as per a new research report.

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Robotic process automation market has a huge potential to transform the way organizations operate and support various business processes. Surging eminence of BPM solutions led to rising need of automating the operations by small & medium businesses to stay ahead of the competition. Factors such as capability of the technology to offer increased control over the processes and perform high-volume routine tasks without human intervention, contributes significantly to the RPA market growth. Rising awareness associated with the benefits of the solutions among various organizations such as high level of accuracy and efficiency provide impetus to the demand for Robotic process automation market solutions.

Lack of technical expertise associated with the deployment and integration might hinder the RPA market growth. Moreover, less potential of such solutions to grow in the knowledge based business operations is expected to curb the industry demand. Continuity in the business processes, ROI and practical implications are among the major concerns related to the technology implementation. Unwillingness of employees to make a transition from traditional business processes to automated business processes coupled with the lack of awareness will also pose a challenge to the adoption.

Increasing demand from organizations to automate the business processes such as handling customer enquiries is leading to the significant growth of automated solutions demand. Adoption of such automated solutions helps organizations to streamline the business operations and focus on their core competencies. Automation of monotonous tasks such as timesheets & proposal submissions eliminates the work load on production team results in increased productivity and fueling the organization’s competitiveness.

To bridge the gap between largely backed digital transformation projects, the IT & telecom sector is expected to witness high growth in the Robotic process automation market. With a virtual workforce that streamlines the traditional business processes, RPA can accomplish this leading the valuable company resources to focus on more important work. The BFSI industry is expected to witness highest adoption of RPA solutions, which can be attributed to the accuracy, efficiency offered by such systems in terms of costs, providing a quick way to address the regulatory compliance issues by bridging the connection between the BPM and ERP systems.

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Europe Robotic process automation market is anticipated to witness significant growth over the forecast timeline. This can be attributed to the presence of large number of logistics and manufacturing companies in the region. The technology helps in rationalizing the pickup & drop operations in order to obtain eminent advancement in the cycle time and enhance the customer experience. Owing to the increasing need for customer support across various industry verticals such as BFSI, IT & telecommunication, government and insurance, the RPA market has significant potential to grow in Australia.

Companies operating in the industry include Xerox Corporation, Blue Prism, Nice Systems Ltd., Automation Anywhere, Ipsoft, Celaton Ltd., Pegasystems, Redwood Software, Uipath and Verint. The industry is currently witnessing heavy investments in technology by various players to gain high ROI. Moreover, they increasingly focusing on improving the offerings to meet the rising demand of automation processes.

Table of Content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 RPA Industry Insights

Chapter 4 RPA Market, By Service

Chapter 5 RPA Market, By Tools

Chapter 6 RPA Market, By Organization Size

Chapter 7 RPA Market, By Solution

Chapter 8 RPA Market, By Operation

Chapter 9 RPA Market, By Application

Chapter 10 RPA Market, By Region

Chapter 11 Company Profiles

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Robotic Process Automation Market has Demand Driver, Key Opportunity, Key Production, Revenue, Statistics, Outlook 2022

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Market Study Report Add New Global Robotic Process Automation Market by Manufacturers, Countries, Type and Application, forecast to 2024 to its research database presenting a deep study of the market growth factors and drivers. The report spread across 199 pages with table and figures in it.

Robotic process automation market has a huge potential to transform the way organizations operate and support various business processes. Surging eminence of BPM solutions led to rising need of automating the operations by small & medium businesses to stay ahead of the competition.

Factors such as capability of the technology to offer increased control over the processes and perform high-volume routine tasks without human intervention, contributes significantly to the RPA market growth. Rising awareness associated with the benefits of the solutions among various organizations such as high level of accuracy and efficiency provide impetus to the demand for Robotic process automation market solutions.

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Scope of the Report:

Lack of technical expertise associated with the deployment and integration might hinder the RPA market growth. Moreover, less potential of such solutions to grow in the knowledge based business operations is expected to curb the industry demand. Continuity in the business processes, ROI and practical implications are among the major concerns related to the technology implementation. Unwillingness of employees to make a transition from traditional business processes to automated business processes coupled with the lack of awareness will also pose a challenge to the adoption.

Increasing demand from organizations to automate the business processes such as handling customer enquiries is leading to the significant growth of automated solutions demand. Adoption of such automated solutions helps organizations to streamline the business operations and focus on their core competencies. Automation of monotonous tasks such as timesheets & proposal submissions eliminates the work load on production team results in increased productivity and fueling the organization competitiveness.

Robotic process automation market, By Service

 Training & consulting, Professional service

Robotic process automation market, By Tools

 Model-based, Process-based

Robotic process automation market, By Organization Size

SMBs, Large enterprises

Robotic process automation market, By Solution

 Automated, Decision & management support, Interaction

Robotic process automation market, By Operation

 Rule-based, Knowledge-based

Robotic process automation market, By Application

BFSI, Telecom & IT, Healthcare, Manufacturing, Retail, Transportation, Others

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Chapter 1    Methodology & Scope

1.1    Methodology

1.1.1    Initial data exploration

1.2    Data Sources

1.2.1    Primary

1.2.2    Secondary

Chapter 2    Executive Summary

2.1    RPA industry 360 degree synopsis, 2013 – 2024

Chapter 3    RPA Industry Insights

3.1  Industry segmentation

3.2  Industry landscape, 2013 – 2024

3.3  Industry ecosystem analysis

3.3.1    Vendor matrix

Chapter 4   RPA Market, By Service

4.1  Global RPA market share by service, 2016 & 2024

4.2  Training and consulting

4.3  Professional service

Chapter 5   RPA Market, By Tools

5.1  Global RPA market share by tools, 2016 & 2024

5.2  Model-based

5.2.1    Market estimates and forecast, 2013 – 2024

5.2.2 Market estimates and forecast, by region, 2013 – 2024

5.3  Process-based

Chapter 6    RPA Market, By Organization Size

6.1  Global RPA market share by organization size, 2016 & 2024

6.2  SMBs

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Global Top Countries Robotic Process Automation Market Size 2024 Trend & Forecast Report

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Market Size Forecasters Add New Global Robotic Process Automation Market by Manufacturers, Countries, Type and Application, Forecast to 2024 to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 190 pages with table and figures in it.

Robotic process automation market has a huge potential to transform the way organizations operate and support various business processes. Surging eminence of BPM solutions led to rising need of automating the operations by small & medium businesses to stay ahead of the competition.

Robotic Process Automation (RPA) Market size is set to exceed USD 5 billion by 2024; as per a new research report by Global Market Insights, Inc.

This Market Size Forecasters report examines the Robotic Process Automation Market for the period 2017- 2024. The primary objective of the report is to analyse the underlying factors that are driving growth of the futuristic outlook market: Robotic Process Automation Market, which is significantly transforming buying habits of consumers across various markets.

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Scope of the Report:

This report focuses on the Robotic Process Automation in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers

Xerox Corporation, Blue Prism, Nice Systems Ltd., Automation Anywhere, Ipsoft, Celaton Ltd., Pegasystems, Redwood Software, Uipath and Verint. The industry is currently witnessing heavy investments in technology by various players to gain high ROI. Moreover, they increasingly focusing on improving the offerings to meet the rising demand of automation processes.

Market Segment by Regions, regional analysis covers:

North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

Global Robotic Process Automation Market: Product Segment Analysis

Robotic process automation market, By Service

  • Training & consulting
  • Professional service

Robotic process automation market, By Tools

  • Model-based
  • Process-based

Robotic process automation market, By Organization Size

  • SMBs
  • Large enterprises

Robotic process automation market, By Solution

  • Automated
  • Decision & management support
  • Interaction

Robotic process automation market, By Operation

  • Rule-based
  • Knowledge-based

Global Robotic Process Automation Market: Application Segment Analysis

  • BFSI
  • Telecom & IT
  • Healthcare
  • Manufacturing
  • Retail
  • Transportation
  • Others

 

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There are Table of Content and Various Chapters to deeply display the global Robotic Process Automation Market

TABLE 1         RPA industry 360 degree synopsis, 2013 – 2024

TABLE 2         Global RPA market, 2013 – 2024, (USD Million)

TABLE 3         Global market estimates by region, 2013 – 2024 (USD Million)

TABLE 4         Global market estimates by service, 2013 – 2024 (USD Million)

TABLE 5         Global market estimates by organization size, 2013 – 2024 (USD Million)

TABLE 6         Global market estimates by operation, 2013 – 2024 (USD Million)

TABLE 7         Global market estimates by tools, 2013 – 2024 (USD Million)

TABLE 8         Global market estimates by solutions, 2013 – 2024 (USD Million)

TABLE 9         Global market estimates by application, 2013 – 2024 (USD Million

TABLE 10       Industry impact forces

FIG. 1             Industry segmentation

FIG. 2             Global RPA market, 2013 – 2024 (USD Million)

FIG. 3             Industry ecosystem analysis

FIG. 4             Industry impact forces

FIG. 5             Industry ecosystem analysis

FIG. 10           Growth potential analysis

FIG. 11           Competitive landscape, 2016

…………………………

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