DUBLIN--(BUSINESS WIRE)--The "Global Robotic Process Automation Market, by Component, by Organization Size, by Deployment Type, by End User, by Region, Industry Analysis and Forecast, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The Global Robotic Process Automation Market size is expected to reach $7.2 billion by 2025, rising at a market growth of 32.6% CAGR during the forecast period.
Robotic Process Automation is the technology that enables anyone to configure computer software today, or a "robot" to replicate and incorporate the actions of a person working within digital systems to conduct a business process. RPA robots make use of the user interface to collect data and control applications just as people do. They interpret, initiate responses, and connect with other systems to work on a wide range of repetitive tasks.
A robot with RPA software never sleeps and makes zero errors. Unlike other conventional IT solutions, RPA allows companies to automate at a fraction of the previously observed costs and times. Additionally, RPA is non-intrusive in nature and utilizes the existing infrastructure without compromising the underlying structures which is expected to be difficult and costly to replace. Cost efficiency and compliance with RPA is no longer an operational cost but a by-product of automation.
An increased demand for business process automation (BPA) is expected to be the main growth driver through the use of Artificial Intelligence (AI) and software robotics. Few of these innovations are now diminishing as companies around the globe are shifting to a dynamic digital environment. Nonetheless, robotic process automation (RPA) is expected to develop and grow at the highest growth rate of the over the forecast period. For faster deployment, execution, and scaling, modern organizations need robotic process automation.
Business functions such as outsourcing of contact centers, banking, financial services & insurance (BFSI), outsourcing of business processes (BPO), procurement outsourcing, and human resources outsourcing (HRO) are experiencing exponential growth. Due to its ability to perform a range of tasks like account opening and closing, completing quotation and proposal requests, IT infrastructure testing and tracking, and handling queries in the billing and customer service departments, there is a huge market demand for robotic process automation across different business verticals.
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Key Topics Covered:
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2019)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2020-Jan - 2016-Jun) Leading Players
Chapter 4. Global Robotic Process Automation Market by Organization Size
4.1 Global Robotic Process Automation Large Enterprises Market by Region
4.2 Global Robotic Process Automation Small & Medium Enterprises Market by Region
Chapter 5. Global Robotic Process Automation Market by End User
5.1 Global Robotic Process Automation BFSI Market by Region
5.2 Global Robotic Process Automation IT & Telecom Market by Region
5.3 Global Robotic Process Automation Healthcare & Life Sciences Market by Region
5.4 Global Robotic Process Automation Retail Market by Region
5.5 Global Robotic Process Automation Manufacturing Market by Region
5.6 Global Other End User Robotic Process Automation Market by Region
Chapter 6. Global Robotic Process Automation Market by Deployment Type
6.1 Global On-premise Robotic Process Automation Market by Region
6.2 Global Cloud Robotic Process Automation Market by Region
Chapter 7. Global Robotic Process Automation Market by Component
7.1 Global Robotic Process Automation Services Market by Region
7.2 Global Robotic Process Automation Market by Services Type
7.2.1 Global Consulting Robotic Process Automation Market by Region
7.2.2 Global Implementation Robotic Process Automation Market by Region
7.2.3 Global Others Robotic Process Automation Market by Region
7.3 Global Robotic Process Automation Software Market by Region
Chapter 8. Global Robotic Process Automation Market by Region
8.1 North America Robotic Process Automation Market
8.2 Europe Robotic Process Automation Market
8.3 Asia Pacific Robotic Process Automation Market
8.4 LAMEA Robotic Process Automation Market
Chapter 9. Company Profiles
9.1 Verint Systems, Inc.
9.2 NICE Ltd.
9.3 Blue Prism Group PLC
9.4 Pegasystems, Inc.
9.5 Genpact Limited
9.6 NTT Data Corporation (NTT Advanced Technology Corporation)
9.7 Automation Anywhere, Inc.
9.8 UiPath, Inc.
9.9 Kofax, Inc. (Thoma Bravo LLC)
9.1 IPsoft, Inc.
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