As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Robotic Process Automation Market: By Component: Software, Service; By Deployment Model: On-Premise, Cloud; By Organization Size: Large Enterprises, Others; By Industry Vertical; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Robotic Process Automation Market Outlook

The global robotic process automation market stood at a value of around USD 2.23 billion in 2020.  The market is further expected to grow at a CAGR of 36.40% in the forecast period of 2021-2026 to attain a value of nearly USD 14.32 billion by 2026.

 

On-Premise Deployment Segment to Strengthen the Global Robotic Process Automation Industry

Based on deployment model, the on-premise segment is expected to hold a significant share in the global robotic process automation industry owing to its in-house ownership properties. In addition, the on-premise deployment of the RPA function helps maintain the security of the company's internal data while also ensuring the regulation of the automation process according to the company policies and protocols.

 

Global Robotic Process Automation Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

In terms of industry vertical, the BFSI sector is estimated to witness a significant growth in the forecast period due to the rapid implementation of technological innovations and artificial intelligence solutions for routine tasks pertaining to data management, among others.

 

North America to Account for a Significant Market Share of the Global Robotic Process Automation Industry

Based on region, North America is predicted to hold a substantial share of the global robotic process automation industry. This surge can be attributed to the rapid adoption of automated solutions in various large and SMEs based in the region due to increased government initiatives for the implementation of RPA in multiple industries. Meanwhile, the Asia Pacific is expected to observe a steady growth rate in the forecast period owing to the rapid employment of RPA software tools in industries such as IT and telecom and retail.

 

Robotic Process Automation: Industry Definition and Segmentation

Robotic process automation refers to the software mechanism that helps automate business processes, which are otherwise conducted manually. Users can create bots through this software tool, who learn rules concerning various business operations and emulate human actions in performing processes such as data entry and solving basic customer queries, such as chatbots available on multiple websites. These software tools help in reducing human effort in conducting repetitive and low-value tasks and allows users to focus on more practical, creative, and decision-making exercises.

By component, the market is divided into:

  • Software
  • Service

Based on deployment model, the industry can be branched into:

  • On-Premise
  • Cloud

In terms of organisation size, the market can be segregated into:

  • Large Enterprises
  • Small and Medium- Sized Enterprises

Based on industry vertical, the market can be categorised into:

  • BFSI
  • Manufacturing
  • Healthcare
  • IT and Telecommunications
  • Retail
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Increased Demand for Automation of Routine Business Operations to Bolster the Global Robotic Process Automation Industry

In today’s increasingly competitive environment, organisations must be highly agile and dynamic in their work while also upholding the integrity and efficiency of their services in order to remain relevant. In this pursuit, robotic process automation is an incredibly sought-after software tool by organisations from various industry verticals such as transportation and logistics and healthcare, among others, looking to increase their work efficiency and reduce time utilised in monotonous tasks. Other benefits associated with RPA include reduced operational risk, improved data processing, accuracy in data outputs, reduced costs, and enhanced consumer experience. These factors are driving the market growth for robotic process automation globally.

In March 2021, Google announced a strategic alliance established between Google cloud and Automation 360, a product of Automation Anywhere, a leading RPA vendor. This alliance is aimed at promoting the implementation of intelligent automation services among organisations globally. Such collaborations by technology companies are expected to aid the market growth in the forecast period.

 

Key Industry Players in the Global Robotic Process Automation Market

The report gives a detailed analysis of the following key players in the global robotic process automation market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Automation Anywhere Inc.
  • Blue Prism Limited
  • EdgeVerve Systems Limited
  • IBM Corporation
  • Pegasystems Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Deployment Model, Organization Size, Industry Vertical, Region
Breakup by Component Software, Service
Breakup by Deployment Model On-Premise, Cloud
Breakup by Organization Size Large Enterprises, Small and Medium-Sized Enterprises
Breakup by Industry Vertical BFSI, Manufacturing, Healthcare, IT and Telecommunications, Retail, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Automation Anywhere, Inc., Blue Prism Limited, EdgeVerve Systems Limited, IBM Corporation, Pegasystems Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Robotic Process Automation Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Robotic Process Automation Historical Market (2016-2020) 
    8.3    Global Robotic Process Automation Market Forecast (2021-2026)
    8.4    Global Robotic Process Automation Market by Component
        8.4.1    Software
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Service
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Robotic Process Automation Market by Deployment Model
        8.5.1    On-Premise
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Cloud
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
    8.6    Global Robotic Process Automation Market by Organization Size
        8.6.1    Large Enterprises
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Small and Medium-Sized Enterprises
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Global Robotic Process Automation Market by Industry Vertical
        8.7.1    BFSI
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Manufacturing
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Healthcare
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    IT and Telecommunications
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
        8.7.5    Retail
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2016-2020)
            8.7.5.3    Forecast Trend (2021-2026)
        8.7.6    Others
    8.8    Global Robotic Process Automation Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Automation Anywhere, Inc.
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Blue Prism Limited
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    EdgeVerve Systems Limited
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    IBM Corporation
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Pegasystems Inc.
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Others
12    Industry Events and Developments

 

List of Figures and Tables

1.    Global Robotic Process Automation Market: Key Industry Highlights, 2016 and 2026
2.    Global Robotic Process Automation Historical Market: Breakup by Component (USD Billion), 2016-2020
3.    Global Robotic Process Automation Market Forecast: Breakup by Component (USD Billion), 2021-2026
4.    Global Robotic Process Automation Historical Market: Breakup by Deployment (USD Billion), 2016-2020
5.    Global Robotic Process Automation Market Forecast: Breakup by Deployment (USD Billion), 2021-2026
6.    Global Robotic Process Automation Historical Market: Breakup by Organization Size (USD Billion), 2016-2020
7.    Global Robotic Process Automation Market Forecast: Breakup by Organization Size (USD Billion), 2021-2026
8.    Global Robotic Process Automation Historical Market: Breakup by Industry Vertical (USD Billion), 2016-2020
9.    Global Robotic Process Automation Market Forecast: Breakup by Industry Vertical (USD Billion), 2021-2026
10.    Global Robotic Process Automation Historical Market: Breakup by Region (USD Billion), 2016-2020
11.    Global Robotic Process Automation Market Forecast: Breakup by Region (USD Billion), 2021-2026
12.    North America Robotic Process Automation Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    North America Robotic Process Automation Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Europe Robotic Process Automation Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Europe Robotic Process Automation Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Asia Pacific Robotic Process Automation Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Asia Pacific Robotic Process Automation Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Latin America Robotic Process Automation Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Latin America Robotic Process Automation Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Middle East and Africa Robotic Process Automation Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Middle East and Africa Robotic Process Automation Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Global Robotic Process Automation Market Structure

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER