Robotic Process Automation (RPA) Market 2022-2028

Description

List of Tables

Title:Global Robotic Process Automation (RPA) Market Size, Share & Trends Analysis Report by Type (Software and Services), by Deployment (Cloud and On-Premises), by Process (Automated Solution, Decision Support & Management Solutions, and Interaction Solutions), and by Applications (BFSI, Healthcare, Retail, IT & Telecom, Manufacturing & Logistics, and Others) Forecast Period (2022-2028).

The global RPA market is anticipated to grow at a substantial CAGR of 31.6% during the forecast period. The increased usage of robot-based solutions among the players is fueling the growth of the market during the forecast period. The use of robotics will increase productivity and has the potential to bring more manufacturing production work back to developed countries. As productivity increases, labor is likely to receive a significant share of the benefits. Moreover, robot adoption will likely be a critical determinant of productivity growth and has the potential to reshape global supply chains.

The global RPA market is segmented based on the type, deployment, process, and application. Based on the type, the market is bifurcated into the software and service. Based on the deployment, the market is sub-segmented into the cloud and on-premises. Based on the process, the market is augmented into automated solutions, decision support and management solutions, and interaction solutions. Based on the application, the market is further segmented into the BFSI, healthcare, retail, IT & telecom, manufacturing & logistics, and others. The above-mentioned segments can be customized as per the requirements. Among the application, the healthcare segment is expected to be the fastest-growing segment over the forecast period. RPA enables healthcare providers to track and document each process step in structured log files so that the company can comply with external audits. For instance, in April 2020, Automation Anywhere announced intelligent automation solutions to empower governments, healthcare organizations, and enterprises to implement remote working and business continuity programs as they navigate the challenges caused by COVID-19.

Geographically the global RPA market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The North American region is expected to contribute to the market growth, as companies are expanding platforms in the region. For instance, in May 2021, Blue Prism launched a new version of its robotics process automation (RPA) platform and outlined plans to expand in the Americas. At its Blue Prism World conference, the London-based company launched Blue Prism Version 7 with a series of upgrades to deploy automation and digital bots more easily.

The major companies serving the global RPA market include Automation Anywhere, Inc., Blue Prism Ltd., Celaton Ltd., FPT Software Ltd., HelpSystems, LLC, NTT Advanced Technology Corp., Pegasystems, UiPath, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2022, UiPath announced the launch of its enhanced Technology Partner Program, which brings together independent software vendors (ISVs) that co-innovate with UiPath to deliver end-to-end applications and solutions for their joint customers. The UiPath Technology Partner Program includes a variety of new technical, sales, and marketing offerings for partners to develop, test, and market their applications as well as promote complementary offerings.

Research Methodology

The market study of the global RPA market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Robotic Process Automation Market Research and Analysis by Type.
Global Robotic Process Automation Market Research and Analysis by Deployment.
Global Robotic Process Automation Market Research and Analysis by Process.
Global Robotic Process Automation Market Research and Analysis by Application.

The Report Covers:

Comprehensive research methodology of the global robotic process automation (RPA) market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global robotic process automation (RPA) market.
Insights about market determinants that are stimulating the global robotic process automation (RPA) market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026649

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Robotic Process Automation Market
Recovery Scenario of Global Robotic Process Automation Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players

4. Market Segmentation

4.1. Global Robotic Process Automation Market by Type
- 4.1.1. Software
- 4.1.2. Service (Consulting, Implementing, and Training)
4.2. Global Robotic Process Automation Market by Deployment
- 4.2.1. Cloud
- 4.2.2. On-Premise
4.3. Global Robotic Process Automation Market by Process
- 4.3.1. Automated Solution
- 4.3.2. Decision Support and Management Solutions
- 4.3.3. Interaction Solutions
4.4. Global Robotic Process Automation Market by Application
- 4.4.1. BFSI
- 4.4.2. Healthcare
- 4.4.3. Retail
- 4.4.4. Information Technology (IT) & Telecom
- 4.4.5. Manufacturing & Logistics
- 4.4.6. Others (Media & Education, Energy & Utilities, and Travel)

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Amelia LLC
6.2. Automation Anywhere, Inc.
6.3. Blue Prism Ltd.
6.4. Celaton Ltd.
6.5. EdgeVerve Systems Ltd. (Infosys)
6.6. FPT Software Ltd.
6.7. HelpSystems, LLC
6.8. KOFAX, Inc.
6.9. NICE Ltd.
6.10. NTT Advanced Technology Corp.
6.11. OnviSource, Inc.
6.12. Pegasystems
6.13. Redwood software Inc.
6.14. UiPath
6.15. Verint Systems Inc.
6.16. Xerox Holdings Corp.