Global Enterprise Robotic Process Automation Market, By Process (Automated Solutions, Decision Support and Management Solution, Interaction Solution), Operation (Rule Based, Knowledge Based), Type (Tool Based, Service Based), Industry (BFSI, Telecom and IT, Travel, Hospitality and Transportation, Retail and Consumer Goods, Manufacturing and Logistics, Healthcare and Pharmaceuticals, Others), Deployment (On-Premise, Cloud), Solution (Software, Service), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Enterprise robotic Process Automation Market
Enterprise robotic process automation market will reach at an estimated value of USD 9.69 billion by 2028 and grow at a CAGR of 27.67% in the forecast period of 2021 to 2028. Increase in the ease in business process with the installation of robotic process automation acts as an essential factor driving the enterprise robotic process automation market.
Robotic process automation is defined as the use of software with artificial intelligence and machine learning capabilities which can manage high volumes of tasks and data. Robotic automation interacts with the existing IT architecture with no complex system integration required and the main aim of these automations is replace the boring and repeatedly task being performed by humans.
Rise in consolidation of RPA with traditional business processes is a crucial factor accelerating the market growth, also increase in the focus on automation in BPO industry, rise in the demand for the processing of high volume data and transaction functions, increase in the ease in business processes with the installation and rise in the convergence of robotic process automation with traditional business processes are the major factors among others boosting the enterprise robotic process automation market. Moreover, rise in the integration of new technologies, increase in the demand for robotic process automation in the logistics industry and rise in the expected adoption of robotics process automation in the Bpo sector will further create new opportunities for enterprise robotic process automation market in the forecast period mentioned above.
However, increase in the data insecurity risk and less potential for robotic process automation in knowledge-based business processes are the major factors among others restraining the market growth, and will further challenge the enterprise robotic process automation market in the forecast period mentioned above.
This enterprise robotic process automation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on enterprise robotic process automation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Enterprise Robotic Process Automation Market Scope and Market Size
Enterprise robotic process automation market is segmented on the basis of process, operation, type, industry, deployment mode and solution. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of process, enterprise robotic process automation market is segmented into automated solutions, decision support and management solution and interaction solution.
- Based on operation, the enterprise robotic process automation market is segmented into rule based and knowledge based.
- Based on type, the enterprise robotic process automation market is segmented into tool based and service based.
- Based on industry, the enterprise robotic process automation market is segmented into BFSI, telecom and IT, travel, hospitality and transportation, retail and consumer goods, manufacturing and logistics, healthcare and pharmaceuticals and others.
- Based on deployment mode, the enterprise robotic process automation market is segmented into on-premise and cloud.
- The enterprise robotic process automation market is also segmented on the basis of solution into software and service.
Enterprise Robotic Process Automation Market Scope Country Level Analysis
Enterprise robotic process automation market is analysed and market size, volume information is provided by country, process, operation, type, industry, deployment mode and solution as referenced above.
The countries covered in the enterprise robotic process automation market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the enterprise robotic process automation market due to rise in the focus on automation in BPO industry, rise in the demand for the processing of high volume data and transaction functions, increase in the ease in business processes with the installation and rise in the convergence of robotic process automation with traditional business processes. Asia-Pacific is the expected region in terms of growth in enterprise robotic process automation market due to increase in the focus on automation in BPO industry and rise in the demand for the processing of high volume data and transaction functions in this region.
The country section of the enterprise robotic process automation market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Enterprise Robotic Process Automation Market Share Analysis
Enterprise robotic process automation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to enterprise robotic process automation market.
The major players covered in enterprise robotic process automation market report are Sutherland Bulgaria, Automation Anywhere Inc., Blue Prism Limited, Pegasystems Inc., Celaton, UiPath, Verint, Redwood Technology B.V., IBM Corporation, NICE Systems Ltd., Kofax Inc., Jacada Inc., Kryon Systems, OpenConnect Systems Incorporated, Cicero Inc., Atos SE, Daythree Business Services sdn bhd, IPsoft Inc. and softomotive among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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