DUBLIN--(BUSINESS WIRE)--The "Global Robotic Process Automation Market Size, Share, Development, Growth and Demand Forecast to 2023" report has been added to Research and Markets' offering.
The global robotic process automation market is expected to grow at a CAGR of 33.8% during the forecast period, to reach $6,247.1 million by 2023. Robotic process automation is the application of technology for configuring computer software or a robot to capture and interpret existing applications for processing a transaction, triggering various responses, manipulating data, along with effective communication with other digital systems.
Rapid advancement in automation software technologies, development in intelligent automation (IA), improved accuracy and business scalability, and increased demand for advance business process automation systems from enterprises are some of the key trends observed in the global robotic process automation market. Intelligent automation has great potential of automating various non-routine tasks such as business process intuition, better judgment, unique business process creativity, persuasion, and effective problem solving. The declining cost of data storage and data processing are some of the major factors driving developments in the field of intelligent automation.
Advancements in automation software technologies is further creating a new breed of cognitive learning technologies with human-like capabilities such as handwriting recognition, natural language processing and identifying unknown images. Further, when combined with robotic process automation and powerful analytics, these cognitive technologies are capable of forming solutions that either directly assist people in the performance of nonroutine tasks or automate those tasks entirely.
Nice System Ltd.
Automation Anywhere Inc.
Blue Prism Ltd.
Redwood Software Inc.
Key Topics Covered:
1. Research Background
2. Research Methodology
3. Executive Summary
5. Market Size And Forecast By Process
6. Market Size And Forecast By Operation
7. Market Size And Forecast By Service
8. Market Size And Forecast By Enterprise Size
9. Market Size And Forecast By Industry
10. Market Size And Forecast By Geography
11. Competitive Analysis
12. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/7v3g2x/global_robotic