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Robotic Process Automation Market Size, Statistics, Industry Growth, Value Chain, Trends And Forecast To 2027

Pressmeddelande   •   Mar 11, 2020 19:54 CET

The main objective of this report is to define, describe, and forecast the global Robotic Process Automation market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes the competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in Robotic Process Automation market.

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The global robotic process automation market size is poised to hit USD 10.5 billion by 2027, expanding at a CAGR of 33.4% from 2020 to 2027.

Robotic process automation (RPA) offers a proven solution for enterprises that are hampered by challenges and inefficiencies associated with legacy business systems. RPA enables organizations to automate structured functions and allows increased focus on core business activities. Increasing adoption of automation software and services has enabled organizations to meet consumer expectations and offer enhanced customer management.

The role of technology and its integration within the organizations is evolving at a faster pace. The ever-increasing regulatory changes and the compliance functions are reducing the speed of work done by employees. This has resulted in the adoption of robotics process automation to manage the compliance functions in a better manner than employees. This, in turn, is contributing towards reduction in cost and safeguarding organization from non-compliance. The RPA industry is growing at an unprecedented rate because of the high levels of efficiency and productivity being achieved by automation. Companies like Automation Anywhere, UiPath, and Blue Prism happen to be the leading players in the RPA market. The players in the market are concentrated on developing improved and cost-effective solutions and offering enhanced customer experience. Automation Anywhere offers a complete digital workforce portfolio, featuring, Bot Store, Digital Workers, RPA mobile app, and IQ Bot. The company is focused on offering a better and comprehensive product portfolio to its customers.

The Robotic Process Automation market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Robotic Process Automation market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Robotic Process Automation market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Robotic Process Automation market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Robotic Process Automation market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Robotic Process Automation market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Robotic Process Automation market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Robotic Process Automation industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

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, global presence, production sites and facilities, production capacities, 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 Robotic Process Automation market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Robotic Process Automation market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Robotic Process Automation market. These factors have benefited the growth of the global market for Robotic Process Automation. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Robotic Process Automation. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

Key Players

Prominent participants in the market for robotic process automation offer sophisticated solutions for automation of back-office processes with a cost-effective and efficient software robot platform to deliver complex services securely and adapt business processes with greater control. These companies include UiPath; Automation Anywhere, Inc.; NICE; Blue Prism; Pegasystems; Kofax; NTT Advanced Technology Corporation; Genpact Ltd; EdgeVerve; and IPsoft, Inc.

Segmentation

  • Type Outlook
    • Software
    • Service
  • Service Outlook
    • Consulting
    • Implementation
    • Training
  • Organization Outlook
    • SMEs
    • Large Enterprises
  • Deployment Outlook
    • Cloud
    • On-Premise
  • Application Outlook
    • BFSI
    • Manufacturing
    • Pharma & Healthcare
    • Retail
    • Telecom & IT
    • Others
  • Regional Outlook
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
    • Asia Pacific
      • China
      • India
      • Japan
      • ANZ
      • Singapore
      • ASEAN
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa

In this study, the years considered to estimate the market size of Robotic Process Automation are as follows:

  • History Year: 2015-2019
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Methodology
1.3.1 Information Procurement
1.3.2 Purchased Database
1.3.3 GVR’s internal database
1.3.4 Secondary sources & third-party perspectives
1.3.5 Primary Research
1.4 Information Analysis
1.5 Market Formulation & Data Visualization
1.6 Data Validation & Publishing
1.7 List of Abbreviations
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Global Robotic process automation Market
2.2.1 Robotic process automation market size & forecasts, 2016 - 2027 (USD Million)
2.2.2 Type Segment Trends
2.2.2.1 Robotic process automation market, by type, 2016 -2027 (USD Million)
2.2.3 Service Segment Trends
2.2.3.1 Robotic process automation market, by service, 2016 - 2027 (USD Million)
2.2.4 Organization Segment Trends
2.2.4.1 Robotic process automation market, by organization, 2016 - 2027 (USD Million)
2.2.5 Deployment Segment Trends
2.2.5.1 Robotic process automation market, by deployment, 2016 - 2027 (USD Million)
2.2.6 Application Trends
2.2.6.1 Robotic process automation market, by application, 2016 - 2027 (USD Million)
2.2.7 Regional Segment Trends
2.2.7.1 Robotic process automation market, by region, 2016 - 2027 (USD Million)
Chapter 3 Robotic process automation Market Variables, Trends & Scope
3.1 Market Segmentation
3.2 Robotic process automation - Value Chain Analysis
3.3 Market Dynamics
3.3.1 Market Driver analysis
3.3.1.1 Need for reduced operational costs and increased efficiency
3.3.1.2 Growing demand for automation of business processes
3.3.2 Market challenge analysis
3.3.2.1 Rigidness of employees to switch from manual to automated process
3.4 Penetration and Growth Prospect Mapping
3.5 Industry Analysis Tool
3.5.1 Porter’s five forces analysis
3.5.2 Robotic process automation market - PEST analysis
Chapter 4 Robotic Process Automation Market: Competitive Analysis
4.1 Major Deals and Strategic Alliances, 2014 - 2018
4.2 Key Company Ranking Analysis, 2019
Chapter 5 Robotic Process Automation Market: Type Estimates & Trends Analysis
5.1 Type Market Analysis & Market Share, 2019 & 2027
5.2 Software
5.2.1 Global software market, by region, 2016 - 2027 (USD Million)
5.3 Service
5.3.1 Global service market, by region, 2016 - 2027 (USD Million)
Chapter 6 Robotic process automation Market: Service Estimates & Trends Analysis
6.1 Service Market Analysis & Market Share, 2019 & 2027
6.2 Consulting
6.2.1 Global consulting market, by region, 2016 - 2027 (USD Million)
6.3 Implementation
6.3.1 Global implementation market, by region, 2016 - 2027 (USD Million)
6.4 Training
6.4.1 Global training market, by region, 2016 - 2027 (USD Million)
Chapter 7 Robotic Process Automation Market: Organization Estimates & Trends Analysis
7.1 Organization Market Analysis & Market Share, 2019 & 2027
7.2 SMEs
7.2.1 Global SMEs market, by region, 2016 - 2027 (USD Million)
7.3 Large Enterprises
7.3.1 Global large enterprises market, by region, 2016 - 2027 (USD Million)
Chapter 8 Robotic Process Automation Market: Deployment Estimates & Trends Analysis
8.1 Deployment Market Analysis & Market Share, 2019 & 2027
8.2 Cloud
8.2.1 Global cloud market, by region, 2016 - 2027 (USD Million)
8.3 On-premise
8.3.1 Global on-premise market, by region, 2016 - 2027 (USD Million)
Chapter 9 Robotic Process Automation Market: Application Estimates & Trends Analysis
9.1 Application Market Analysis & Market Share, 2019 & 2027
9.2 BFSI
9.2.1 Global BFSI market, by region, 2016 - 2027 (USD Million)
9.3 Manufacturing
9.3.1 Global manufacturing market, by region, 2016 - 2027 (USD Million)
9.4 Pharma & Healthcare
9.4.1 Global pharma & healthcare market, by region, 2016 - 2027 (USD Million)
9.5 Retail
9.5.1 Global retail market, by region, 2016 - 2027 (USD Million)
9.6 Telecom & IT
9.6.1 Global transportation market, by region, 2016 - 2027 (USD Million)
9.7 Others
9.7.1 Global others market, by region, 2016 - 2027 (USD Million)
CHAPTER 10 Robotic Process Automation Market: Region Estimates & Trends Analysis
10.1 Regional Market Analysis & Market Share, 2019 & 2027
10.2 North America
10.2.1 North America robotic process automation market, by type, 2016 - 2027 (USD Million)
10.2.2 North America robotic process automation market, by service, 2016 - 2027 (USD Million)
10.2.3 North America robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.2.4 North America robotic process automation market, by deployment, 2016 - 2027 (USD Million)
10.2.5 North America robotic process automation market, by application, 2016 - 2027 (USD Million)
10.2.6 U.S.
10.2.6.1 U.S. robotic process automation market, by type, 2016 - 2027 (USD Million)
10.2.6.2 U.S. robotic process automation market, by service, 2016 - 2027 (USD Million)
10.2.6.3 U.S. robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.2.6.4 U.S. robotic process automation market, by application, 2016 - 2027 (USD Million)
10.2.7 Canada
10.2.7.1 Canada robotic process automation market, by type, 2016 - 2027 (USD Million)
10.2.7.2 Canada robotic process automation market, by service, 2016 - 2027 (USD Million)
10.2.7.3 Canada robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.2.7.4 Canada robotic process automation market, by application, 2016 - 2027 (USD Million)
10.3 Europe
10.3.1 Europe robotic process automation market, by type, 2016 - 2027 (USD Million)
10.3.2 Europe robotic process automation market, by service, 2016 - 2027 (USD Million)
10.3.3 Europe robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.3.4 Europe robotic process automation market, by deployment, 2016 - 2027 (USD Million)
10.3.5 Europe robotic process automation market, by application, 2016 - 2027 (USD Million)
10.3.6 U.K.
10.3.6.1 U.K. robotic process automation market, by type, 2016 - 2027 (USD Million)
10.3.6.2 U.K. robotic process automation market, by service, 2016 - 2027 (USD Million)
10.3.6.3 U.K. robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.3.6.4 U.K. robotic process automation market, by application, 2016 - 2027 (USD Million)
10.3.7 Germany
10.3.7.1 Germany robotic process automation market, by type, 2016 - 2027 (USD Million)
10.3.7.2 Germany robotic process automation market, by service, 2016 - 2027 (USD Million)
10.3.7.3 Germany robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.3.7.4 Germany robotic process automation market, by application, 2016 - 2027 (USD Million)
10.3.8 France
10.3.8.1 France robotic process automation market, by type, 2016 - 2027 (USD Million)
10.3.8.2 France robotic process automation market, by service, 2016 - 2027 (USD Million)
10.3.8.3 France robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.3.8.4 France robotic process automation market, by application, 2016 - 2027 (USD Million)
10.4 Asia Pacific
10.4.1 Asia Pacific robotic process automation market, by type, 2016 - 2027 (USD Million)
10.4.2 Asia Pacific robotic process automation market, by service, 2016 - 2027 (USD Million)
10.4.3 Asia Pacific robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.4.4 Asia Pacific robotic process automation market, by deployment, 2016 - 2027 (USD Million)
10.4.5 Asia Pacific robotic process automation market, by application, 2016 - 2027 (USD Million)
10.4.6 China
10.4.6.1 China robotic process automation market, by type, 2016 - 2027 (USD Million)
10.4.6.2 China robotic process automation market, by service, 2016 - 2027 (USD Million)
10.4.6.3 China robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.4.6.4 China robotic process automation market, by application, 2016 - 2027 (USD Million)
10.4.7 India
10.4.7.1 India robotic process automation market, by type, 2016 - 2027 (USD Million)
10.4.7.2 India robotic process automation market, by service, 2016 - 2027 (USD Million)
10.4.7.3 India robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.4.7.4 India robotic process automation market, by application, 2016 - 2027 (USD Million)
10.4.8 Japan
10.4.8.1 Japan robotic process automation market, by type, 2016 - 2027 (USD Million)
10.4.8.2 Japan robotic process automation market, by service, 2016 - 2027 (USD Million)
10.4.8.3 Japan robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.4.8.4 Japan robotic process automation market, by application, 2016 - 2027 (USD Million)
10.4.9 ANZ
10.4.9.1 ANZ robotic process automation market, by type, 2016 - 2027 (USD Million)
10.4.9.2 ANZ robotic process automation market, by service, 2016 - 2027 (USD Million)
10.4.9.3 ANZ robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.4.9.4 ANZ robotic process automation market, by application, 2016 - 2027 (USD Million)
10.4.10 Singapore
10.4.10.1 Singapore robotic process automation market, by type, 2016 - 2027 (USD Million)
10.4.10.2 Singapore robotic process automation market, by service, 2016 - 2027 (USD Million)
10.4.10.3 Singapore robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.4.10.4 Singapore robotic process automation market, by application, 2016 - 2027 (USD Million)
10.4.11 ASEAN
10.4.11.1 ASEAN robotic process automation market, by type, 2016 - 2027 (USD Million)
10.4.11.2 ASEAN robotic process automation market, by service, 2016 - 2027 (USD Million)
10.4.11.3 ASEAN robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.4.11.4 ASEAN robotic process automation market, by application, 2016 - 2027 (USD Million)
10.5 Latin America
10.5.1 Latin America robotic process automation market, by type, 2016 - 2027 (USD Million)
10.5.2 Latin America robotic process automation market, by service, 2016 - 2027 (USD Million)
10.5.3 Latin America robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.5.4 Latin America robotic process automation market, by deployment, 2016 - 2027 (USD Million)
10.5.5 Latin America robotic process automation market, by application, 2016 - 2027 (USD Million)
10.5.6 Brazil
10.5.6.1 Brazil robotic process automation market, by type, 2016 - 2027 (USD Million)
10.5.6.2 Brazil robotic process automation market, by service, 2016 - 2027 (USD Million)
10.5.6.3 Brazil robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.5.6.4 Brazil robotic process automation market, by application, 2016 - 2027 (USD Million)
10.5.7 Mexico
10.5.7.1 Mexico robotic process automation market, by type, 2016 - 2027 (USD Million)
10.5.7.2 Mexico robotic process automation market, by service, 2016 - 2027 (USD Million)
10.5.7.3 Mexico robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.5.7.4 Mexico robotic process automation market, by application, 2016 - 2027 (USD Million)
10.6 Middle East & Africa
10.6.1 Middle East & Africa robotic process automation market, by type, 2016 - 2027 (USD Million)
10.6.2 Middle East & Africa robotic process automation market, by service, 2016 - 2027 (USD Million)
10.6.3 Middle East & Africa robotic process automation market, by organization, 2016 - 2027 (USD Million)
10.6.4 Middle East & Africa robotic process automation market, by deployment, 2016 - 2027 (USD Million)
10.6.5 Middle East & Africa robotic process automation market, by application, 2016 - 2027 (USD Million)
CHAPTER 11 Company Profiles
11.1 UiPath
11.11.1 Company overview
11.11.2 Financial performance
11.11.3 Product benchmarking
11.11.4 Strategic initiatives
11.2 Automation Anywhere Inc.
11.2.1 Company overview
11.2.2 Financial performance
11.2.3 Product benchmarking
11.2.4 Strategic initiatives
11.3 NICE
11.3.1 Company overview
11.3.2 Financial performance
11.3.3 Product benchmarking
11.3.4 Strategic initiatives
11.4 Blue Prism
11.4.1 Company overview
11.4.2 Financial performance
11.4.3 Product benchmarking
11.4.4 Strategic initiatives
11.5 Pegasystems
11.5.1 Company overview
11.5.2 Financial performance
11.5.3 Product benchmarking
11.5.4 Strategic initiatives
11.6 Kofax
11.6.1 Company overview
11.6.2 Financial performance
11.6.3 Product benchmarking
11.6.4 Strategic initiatives
11.7 NTT Advanced Technology Corporation
11.7.1 Company overview
11.7.2 Financial performance
11.7.3 Product benchmarking
11.7.4 Strategic initiatives
11.8 Genpact Ltd
11.8.1 Company overview
11.8.2 Financial performance
11.8.3 Product benchmarking
11.8.4 Strategic initiatives
11.9 EdgeVerve (An Infosys Company)
11.9.1 Company overview
11.9.2 Financial performance
11.9.3 Product benchmarking
11.9.4 Strategic initiatives
11.10 IPsoft, Inc.
11.10.1 Company overview
11.10.2 Financial performance
11.10.3 Product benchmarking
11.10.4 Strategic initiatives

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