DUBLIN--(BUSINESS WIRE)--The "Automation-as-a-Service Market by Component (Solution & Services), Type (Rule-Based & Knowledge-Based), Business Function, Deployment Model (Public Cloud, Private Cloud & Hybrid Cloud), Organization Size, Industry & Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The automation-as-a-service market is expected to grow from USD 1.80 Billion in 2017 to USD 6.23 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 28.1%.
The automation-as-a-service market is growing rapidly because of increasing need to mechanize the repetitive and mundane business processes, and due to the massive surge in the automation trend across industries. Factor such as lack of awareness about automation-as-a-service is expected to limit the market growth.
The automation-as-a-service market is also segmented by various industries, out of which, the adoption of automation-as-a-service is expected to be the largest in the BFSI vertical. As the volume and variety of data is increasing day-by-day, the demand for automation to maintain and manage these records of the financial transactions in banks and other financial institutes is also increasing.
APAC is expected to be the highest growing region in the automation-as-a-service market because of the increasing adoption of automation and cloud technologies, and government initiatives, such as smart cities in the APAC countries, including China and India.
North America, followed by Europe, is expected to continue being the largest revenue-generating region for the automation-as-a-service vendors, for the next 5 years. This is mainly due to the presence of various developed economies, such as Canada and US, and because of the high focus on innovations in R&D and technology across industries.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview And Industry Trends
6 Automation-As-A-Service Market, by Component
7 Automation-As-A-Service Market, by Type
8 Automation-As-A-Service Market, by Business Function
9 Automation-As-A-Service Market, by Deployment Model
10 Automation-As-A-Service Market, by Organization Size
11 Automation-As-A-Service Market, by Industry
12 Automation-As-A-Service Market, by Region
13 Competitive Landscape
14 Company Profiles
- Blue Prism
- HCL Technologies
- Kryon Systems
- Nice Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/lwbv2d/global?w=4