Global Robotic Process Automation Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

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Robotic Process Automation (RPA), also referred to as smart automation or intelligent automation, refers essentially to advanced technology that can be programmed to perform a variety of tasks, such as manipulating data, triggering responses, and establishing the appropriate contact with other processes and systems that previously needed human interaction.

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Description

Global Robotic Process Automation Market: Market Segments: By Process (Automated solution, Decision support and management and Interaction solution); By Operation (Rule-based & Knowledge-based); By Offering (Service & Software); By Organization (Large enterprises & SMEs); By Vertical (BFSI, Telecom and IT, Retail and consumer goods, Manufacturing, Healthcare and pharmaceuticals & Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030

Product Overview
Robotic Process Automation (RPA), also referred to as smart automation or intelligent automation, refers essentially to advanced technology that can be programmed to perform a variety of tasks, such as manipulating data, triggering responses, and establishing the appropriate contact with other processes and systems that previously needed human interaction.

Market Highlights
Global Robotic Process Automation Market is expected to project a notable CAGR of XX.X% in 2030.
Global Robotic Process Automation Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX% throughout the forecast period, i.e. 2019-30. The rise in demand for virtual staff, the need to minimize operating costs and increase productivity, the need to make business processes simpler, and the importance of delivering an improved customer experience are the main factors that have a positive impact on market development.

Global Robotic Process Automation Market: Segments
Decision support and management Segment to grow with the highest CAGR of XX.X% during 2019-30
Global Robotic Process Automation Market is segmented by process into automated solution, decision support and management, and interaction solution. The greater market share in 2019 was accounted for by the decision support and management and is projected to attain the fastest growth. A regular aspect of day-to-day work is operational business decisions. Decision support and management-based RPA helps robots to more effectively make decisions and obey business rules without suggesting any technological debt to the company.

Global Robotic Process Automation Market: Market Dynamics
Drivers
Advancements and integration of AI in RPA
A demand for RPA solutions is also emerging with the growing deployment of SaaS, IaaS, and PaaS offerings for customer relationship management, cloud computing, business resource management, open source tools, cooperative robot learning, network communication, and other financial applications.
Restrain
Lack of technical workforce
The data security risk in the financial sector, lack of awareness regarding RPA, and less potential for RPA in business processes which are knowledge based these are some of the restrains in the robotic process automation market

Global Robotic Process Automation Market: Regions
Global Robotic Process Automation Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Global Robotic Process Automation Market in North America held the largest market share of XX.X% in the year 2019 because of high development in field of technology and presence of developed countries the growing demand for automation of robotic processes in this area is due to the automation in various sectors, such as healthcare, electronics, retail, education, services and government. The area dominates the global RPA market due to the high number of outsourced customer services companies and the involvement of major suppliers in the RPA market.

Global Robotic Process Automation Market: Key Players
• Interaction solution
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Automation Anywhere Inc.
• NICE
• Blue Prism
• Pegasystems
• KOFAX INC.
• NTT Advanced Technology Corporation
• EdgeVerve Systems Limited
• FPT Software
• OnviSource, Inc.
• HelpSystems

Global Robotic Process Automation Market report also contains analysis on:
Global Robotic Process Automation Market:
By Process:
• Automated solution
• Decision support and management
• Interaction solution
By Operation:
• Rule-based
• Knowledge-based
By Offering:
• Service
o Professional
o Implementation
o Training
• Software
By Organization:
• Large enterprises
• SMEs
By Vertical:
• BFSI
• Telecom and IT
• Retail and consumer goods
• Manufacturing
• Healthcare and pharmaceuticals
• Others
• Global Robotic Process Automation Market Dynamics
• Global Robotic Process Automation Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

 

Additional information

Publisher

Geography Covered

Date Published

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Table of Contents

1. Executive Summary
2. Global Robotic Process Automation Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global Robotic Process Automation Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global Robotic Process Automation Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Global Robotic Process Automation Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Europe: (Brazil, Mexico, Argentina, Rest of Latin America)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Asia-Pacific: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. LATAM: (Brazil, South Africa, Saudi Arabia, U.A.E. and Other Countries)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By Process: Market Share (2020-2030F)
12.2.1. Automated solution, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. Decision support and management, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.3. Interaction solution, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3. By Operation: Market Share (2020-2030F)
12.3.1. Rule-based, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. Knowledge-based, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4. By Offering: Market Share (2020-2030F)
12.4.1. Service, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.2. Software, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.5. By Organization: Market Share (2020-2030F)
12.5.1. Large enterprises, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.5.2. SMEs, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.6. By Vertical: Market Share (2020-2030F)
12.6.1. BFSI, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.6.2. Telecom and IT, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.6.3. Retail and consumer goods, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.6.4. Manufacturing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.6.5. Healthcare and pharmaceuticals, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.6.6. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13 Company Profile
13.1. NICE Ltd.
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Pegasystems Inc.
13.3. Automation Anywhere Inc.
13.4. Blue Prism Limited.
13.5. Celaton Ltd
13.6. Redwood Software Inc.
13.7. IPsoft Incorporated
13.8. UiPath Inc
13.9. Xerox Corporation
13.10. Other Prominent Players
14 Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

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