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Robotic process automation (or RPA or RPAAI) is an emerging form of business process automation technology based on the notion of software robots or artificial intelligence (AI) workers.
In traditional workflow automation tools, a software developer produces a list of actions to automate a task and interface to the back-end system using internal application programming interfaces (APIs) or dedicated scripting language. In contrast, RPA systems develop the action list by watching the user perform that task in the application's graphical user interface (GUI), and then perform the automation by repeating those tasks directly in the GUI. This can lower the barrier to use of automation in products that might not otherwise feature APIs for this purpose.
The role of technology is evolving continuously at a faster pace. The last few decades witnessed various waves of technology progression that significantly impacted business growth. Few of these technologies are now declining as businesses globally are transforming into a dynamic digital environment. However, RPA is anticipated to evolve and soar over the forecast period. The modern enterprise demand RPA technology to be fast in implementation, execution, and scaling. It alleviates human workers of their mundane and repetitive daily tasks by processing workflow much quicker and subsequently more efficiently.
Market Analysis and Insights: Global RPA Market
In 2019, the global RPA market size was US$ 163.8 million and it is expected to reach US$ 4658.6 million by the end of 2026, with a CAGR of 61.3% during 2021-2026.
Global RPA Scope and Market Size
RPA market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global RPA market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the RPA market is segmented into Professional Services, Training Services, etc.
Segment by Application, the RPA market is segmented into BFSI, Telecom/IT, Healthcare, Retail, Manufacturing, Others, etc.
Regional and Country-level Analysis
The RPA market is analysed and market size information is provided by regions (countries).
The key regions covered in the RPA market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
RPA market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in RPA business, the date to enter into the RPA market, RPA product introduction, recent developments, etc.
The major vendors include Atos SE, Automation Anywhere Inc., Be Informed B.V., Blue Prism Group Plc, Cicero Inc., Cognizant Technology Solutions Corporation, Genfour, Genpact Ltd., Infosys Ltd, IPSoft Inc., Jacada Inc., Kofax Ltd, Kryon Systems, OpenConnect Systems Inc., OpenSpan, Sutherland Global Services, Thoughtonomy, UiPath, Verint Systems Inc., etc.
This report focuses on the global RPA status, future forecast, growth opportunity, key market and key players. The study objectives are to present the RPA development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
Atos SE
Automation Anywhere Inc.
Be Informed B.V.
Blue Prism Group Plc
Cicero Inc.
Cognizant Technology Solutions Corporation
Genfour
Genpact Ltd.
Infosys Ltd
IPSoft Inc.
Jacada Inc.
Kofax Ltd
Kryon Systems
OpenConnect Systems Inc.
OpenSpan
Sutherland Global Services
Thoughtonomy
UiPath
Verint Systems Inc.
Professional Services
Training Services
BFSI
Telecom/IT
Healthcare
Retail
Manufacturing
Others
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
To analyze global RPA status, future forecast, growth opportunity, key market and key players.
To present the RPA development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of RPA are as follows:
History Year: 2015-2019
2019
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
In traditional workflow automation tools, a software developer produces a list of actions to automate a task and interface to the back-end system using internal application programming interfaces (APIs) or dedicated scripting language. In contrast, RPA systems develop the action list by watching the user perform that task in the application's graphical user interface (GUI), and then perform the automation by repeating those tasks directly in the GUI. This can lower the barrier to use of automation in products that might not otherwise feature APIs for this purpose.
The role of technology is evolving continuously at a faster pace. The last few decades witnessed various waves of technology progression that significantly impacted business growth. Few of these technologies are now declining as businesses globally are transforming into a dynamic digital environment. However, RPA is anticipated to evolve and soar over the forecast period. The modern enterprise demand RPA technology to be fast in implementation, execution, and scaling. It alleviates human workers of their mundane and repetitive daily tasks by processing workflow much quicker and subsequently more efficiently.
Market Analysis and Insights: Global RPA Market
In 2019, the global RPA market size was US$ 163.8 million and it is expected to reach US$ 4658.6 million by the end of 2026, with a CAGR of 61.3% during 2021-2026.
Global RPA Scope and Market Size
RPA market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global RPA market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the RPA market is segmented into Professional Services, Training Services, etc.
Segment by Application, the RPA market is segmented into BFSI, Telecom/IT, Healthcare, Retail, Manufacturing, Others, etc.
Regional and Country-level Analysis
The RPA market is analysed and market size information is provided by regions (countries).
The key regions covered in the RPA market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Competitive Landscape
and RPA Market Share AnalysisRPA market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in RPA business, the date to enter into the RPA market, RPA product introduction, recent developments, etc.
The major vendors include Atos SE, Automation Anywhere Inc., Be Informed B.V., Blue Prism Group Plc, Cicero Inc., Cognizant Technology Solutions Corporation, Genfour, Genpact Ltd., Infosys Ltd, IPSoft Inc., Jacada Inc., Kofax Ltd, Kryon Systems, OpenConnect Systems Inc., OpenSpan, Sutherland Global Services, Thoughtonomy, UiPath, Verint Systems Inc., etc.
This report focuses on the global RPA status, future forecast, growth opportunity, key market and key players. The study objectives are to present the RPA development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
Atos SE
Automation Anywhere Inc.
Be Informed B.V.
Blue Prism Group Plc
Cicero Inc.
Cognizant Technology Solutions Corporation
Genfour
Genpact Ltd.
Infosys Ltd
IPSoft Inc.
Jacada Inc.
Kofax Ltd
Kryon Systems
OpenConnect Systems Inc.
OpenSpan
Sutherland Global Services
Thoughtonomy
UiPath
Verint Systems Inc.
Market segment by Type, the product can be split into
Professional Services
Training Services
Market segment by Application, split into
BFSI
Telecom/IT
Healthcare
Retail
Manufacturing
Others
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global RPA status, future forecast, growth opportunity, key market and key players.
To present the RPA development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of RPA are as follows:
History Year: 2015-2019
Base Year:
2019Estimated Year:
2020Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
