The global robotic process automation market size is expected to reach around US$ 15.5 billion by 2030 from US$ 2.09 billion in 2020 and is expected to grow at an impressive double-digit rate of 27.7% from 2021 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global robotic process automation market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.
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Organizations want robotic process automation to manage complicated unstructured data and automate any business operation from start to finish. Companies are integrating RPA with artificial intelligence and cognitive technologies to broaden the scope of business process automation. These technologies monitor work activities, identify ideal processes, and recommend an automation path to organizations. AntWork, for example, introduced ANTstein, an AI, RPA, and machine learning integrated platform in May 2020. This intelligent automation maximizes bot use while also providing insights into all sorts of data, data curation, and building.
Key Findings of Robotic Process Automation Market Report
- The rule-based category held the larger share in the market in the past, within the operating segment. Rule-based automation allows for the efficient management and completion of the repeatable operations that do not need human expertise or intervention. In addition, rule-based RPA manages the operation of business applications via the existing user interfaces, with the help of pre-defined inputs.
- The retail and consumer goods category is expected to demonstrate the highest growth rate in the market in the upcoming years, under the vertical segment. RPA solutions enable easier integration of information, which allows retail and consumer goods companies to focus more on providing improved customer services.
- Geographically, North America contributed the highest revenue to the robotic process automation market in the past, and the situation will remain unchanged in the years to come owing to the presence of a well-developed information technology (IT) sector and growing adoption of advanced technologies in the region.
- Asia-Pacific (APAC) is expected to be the fastest-growing market in the future because of the soaring investments in the IT infrastructure and growing public awareness about automation in the region.
- The players operating in the industry are focusing on product launches and partnerships to gain an edge over their rivals.
- Automation Anywhere Inc. announced the launch of artificial intelligence (AI)-powered bots, called Payroll Protection Program (PPP) bots, in April 2020 for helping banks automate loan applications for small organizations, under the $2.2-trillion COVID stimulus package of the U.S. government.
Why should you invest in this report?
If you are aiming to enter the global robotic process automation market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for robotic process automation are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global robotic process automation market include:
- UiPath
- Automation Anywhere
- Blue Prism
- NICE
- Pegasytems
- Celaton Ltd.
- KOFAX, Inc.
- NTT Advanced Technology Corp.
- EdgeVerve Systems Ltd.
- FPT Software
- OnviSource, Inc.
- HelpSystems
- Xerox Corporation
Market Segmentation:
By Type
- Software
- Service
- Consulting
- Implementing
- Training
By Deployment
- Cloud
- On-Premise
By Industry
- BFSI
- Pharma & Healthcare
- Retail & Consumer Goods
- Information Technology (IT) & Telecom
- Communication and Media & Education
- Manufacturing
- Logistics, and Energy & Utilities
- Others
Regional Analysis:
The geographical analysis of the global robotic process automation market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global robotic process automation Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global robotic process automation market in 2030?
- What is the expected CAGR for the robotic process automation market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global robotic process automation market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Robotic Process Automation Market
5.1. COVID-19 Landscape: Robotic Process Automation Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Robotic Process Automation Market, By Type
8.1. Robotic Process Automation Market, by Type, 2021-2030
8.1.1. Software
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Service (Consulting, Implementing, Training)
8.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Robotic Process Automation Market, By Deployment
9.1. Robotic Process Automation Market, by Deployment, 2021-2030
9.1.1. Cloud
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. On-Premise
9.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Robotic Process Automation Market, By Industry
10.1. Robotic Process Automation Market, by Industry, 2021-2030
10.1.1. BFSI
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Pharma & Healthcare
10.1.2.1. Market Revenue and Forecast (2019-2030)
10.1.3. Retail & Consumer Goods
10.1.3.1. Market Revenue and Forecast (2019-2030)
10.1.4. Information Technology (IT) & Telecom
10.1.4.1. Market Revenue and Forecast (2019-2030)
10.1.5. Communication and Media & Education
10.1.5.1. Market Revenue and Forecast (2019-2030)
10.1.6. Manufacturing
10.1.6.1. Market Revenue and Forecast (2019-2030)
10.1.7. Logistics, and Energy & Utilities
10.1.7.1. Market Revenue and Forecast (2019-2030)
10.1.8. Others
10.1.8.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Robotic Process Automation Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Type (2019-2030)
11.1.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.1.3. Market Revenue and Forecast, by Industry (2019-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Type (2019-2030)
11.1.4.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.1.4.3. Market Revenue and Forecast, by Industry (2019-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Type (2019-2030)
11.1.5.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.1.5.3. Market Revenue and Forecast, by Industry (2019-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Type (2019-2030)
11.2.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.2.3. Market Revenue and Forecast, by Industry (2019-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Type (2019-2030)
11.2.4.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.2.4.3. Market Revenue and Forecast, by Industry (2019-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Type (2019-2030)
11.2.5.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.2.5.3. Market Revenue and Forecast, by Industry (2019-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Type (2019-2030)
11.2.6.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.2.6.3. Market Revenue and Forecast, by Industry (2019-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Type (2019-2030)
11.2.7.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.2.7.3. Market Revenue and Forecast, by Industry (2019-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Type (2019-2030)
11.3.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.3.3. Market Revenue and Forecast, by Industry (2019-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Type (2019-2030)
11.3.4.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.3.4.3. Market Revenue and Forecast, by Industry (2019-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Type (2019-2030)
11.3.5.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.3.5.3. Market Revenue and Forecast, by Industry (2019-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Type (2019-2030)
11.3.6.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.3.6.3. Market Revenue and Forecast, by Industry (2019-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Type (2019-2030)
11.3.7.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.3.7.3. Market Revenue and Forecast, by Industry (2019-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Type (2019-2030)
11.4.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.4.3. Market Revenue and Forecast, by Industry (2019-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Type (2019-2030)
11.4.4.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.4.4.3. Market Revenue and Forecast, by Industry (2019-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Type (2019-2030)
11.4.5.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.4.5.3. Market Revenue and Forecast, by Industry (2019-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Type (2019-2030)
11.4.6.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.4.6.3. Market Revenue and Forecast, by Industry (2019-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Type (2019-2030)
11.4.7.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.4.7.3. Market Revenue and Forecast, by Industry (2019-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Type (2019-2030)
11.5.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.5.3. Market Revenue and Forecast, by Industry (2019-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Type (2019-2030)
11.5.4.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.5.4.3. Market Revenue and Forecast, by Industry (2019-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Type (2019-2030)
11.5.5.2. Market Revenue and Forecast, by Deployment (2019-2030)
11.5.5.3. Market Revenue and Forecast, by Industry (2019-2030)
Chapter 12. Company Profiles
12.1. UiPath
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Automation Anywhere
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Blue Prism
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. NICE
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Pegasytems
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Celaton Ltd.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. KOFAX, Inc.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. NTT Advanced Technology Corp.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. EdgeVerve Systems Ltd.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. FPT Software
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. OnviSource, Inc.
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
12.12. HelpSystems
12.12.1. Company Overview
12.12.2. Product Offerings
12.12.3. Financial Performance
12.12.4. Recent Initiatives
12.13. Xerox Corporation
12.13.1. Company Overview
12.13.2. Product Offerings
12.13.3. Financial Performance
12.13.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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