Thursday, October 19, 2017

Robotic Process Automation Market

Popular Trends & Technological advancements to Watch Out for Near Future 2023

As per the findings of the research, rule based operations have been the largest revenue generators in the global robotic process automation market, as compared to knowledge based operations. Further, among various processes, automation solutions segment is expected to continue its highest revenue contribution to the market, during the forecast period. Among various industries, retail and consumer goods witnessed the highest growth in demand of robotic process automation, during 2014 - 2016. However, banking, financial services and insurance (BFSI) is expected to hold the largest market during the forecast period. 

Geographically, North America has been the largest market for robotic process automation, whereas Asia-Pacific is expected to witness the fastest growth among all regions, during the forecast period. The anticipated growth in the market can be attributed to factors such as advancement in new technologies, growing digitalization, growth in automation software industry, and increasing adoption of business process automation solutions by small and medium scale enterprises in the region..
Some of the key players operating in the robotic process automation ecosystem are Nice Systems Ltd., Pegasystems Inc., Automation Anywhere, Blue Prism PLC, Ipsoft, Inc., Celaton Ltd., Redwood Software, UiPath SRL, Verint System Inc., Xerox Corporation, and IBM Corporation.GLOBAL ROBOTIC PROCESS AUTOMATION MARKET SEGMENTATION

By Process

• Automated Solution
• Decision Support & Management
• Interaction Solution

By Operation

• Rule Based
• Knowledge Based

By Service

• Professional
• Training

By Enterprise Size

• Small and Medium Enterprise
• Large Enterprise

By Industry

• BFSI
• Telecom & IT
• Retail and Consumer Goods
• Manufacturing
• Healthcare and Pharmaceuticals
• Others

By Geography

• North America

o The U.S.
o Rest of North America

• Europe

o The U.K.
o Germany
o France
o Rest of Europe

• Asia-Pacific

o China
o Japan

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