Robotic Process Automation Market: Current Status, Opportunities, and Future Prospects

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The global Robotic Process Automation (RPA) market size was USD 2.45 Billion in 2022 and is expected to register a rapid revenue CAGR of 36.3% during the forecast period, according to latest analysis by Emergen Research. Growing popularity and adoption of Industry 4.0, and various advanced technologies, as well as rapid adoption of smart solutions to optimize operations and increase productivity are key factors driving market revenue growth. RPA (Robotic Process Automation) can help optimize operations by automating repetitive tasks and reducing human error. This can lead to required results such as increased efficiency and productivity, as well as cost savings. 

The report is inclusive of updated information about the current global economic situation in view of the COVID-19 outbreak. The global health emergency has led to several significant changes in the global economy, and subsequently, the Robotic Process Automation business sector. These changes have, therefore, brought about a large number of business risks and threats for the companies operating in this industry. Hence, the report offers an overall assessment of this ever-evolving market and closely studies the present and future effects of the pandemic on this market.

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Competitive Outlook: The leading companies operating in the Robotic Process Automation market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Robotic Process Automation Market and Profiled in the Report are:

UiPath, NICE, Pegasystems Inc., OnviSource, Inc., NTT Advanced Technology Corp., Blue Prism Limited (SS&C Technologies Holdings, Inc.), Automation Anywhere Inc, EdgeVerve Systems Ltd. (Infosys), FPT Software and KOFAX, Inc

Objectives of the Report:

Study of the global Robotic Process Automation market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Robotic Process Automation market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Robotic Process Automation market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Robotic Process Automation market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Type Outlook (Revenue, USD Billion; 2019-2032)

    • Software
    • Services
  • Deployment Outlook (Revenue, USD Billion; 2019-2032)

    • Cloud
    • On-premise
  • Organization Size Outlook (Revenue, USD Billion; 2019-2032)

    • Small and Medium Enterprises (SMEs)
    • Large Enterprises

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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About Emergen Research

 

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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