The global Robotic Process Automation (RPA) market size was USD 2.45 Billion in 2022 and is expected to register a rapid revenue CAGR of 36.3% during the forecast period, according to latest analysis by Emergen Research. Growing popularity and adoption of Industry 4.0, and various advanced technologies, as well as rapid adoption of smart solutions to optimize operations and increase productivity are key factors driving market revenue growth.
The report contains updated information about the ongoing COVID-19 pandemic and acts as an accurate analysis of the COVID-19 impact on the Robotic Process Automation market. The report draws attention to the COVID-19 impact on the market and its crucial segments. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends.
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Key companies operating in the Robotic Process Automation market include:
UiPath, NICE, Pegasystems Inc., OnviSource, Inc., NTT Advanced Technology Corp., Blue Prism Limited (SS&C Technologies Holdings, Inc.), Automation Anywhere Inc, EdgeVerve Systems Ltd. (Infosys), FPT Software and KOFAX, Inc
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Robotic Process Automation market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Robotic Process Automation Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Robotic Process Automation Market Segmentation:
- Type Outlook (Revenue, USD Billion; 2019-2032)
- Software
- Services
- Deployment Outlook (Revenue, USD Billion; 2019-2032)
- Cloud
- On-premise
- Organization Size Outlook (Revenue, USD Billion; 2019-2032)
- Small and Medium Enterprises (SMEs)
- Large Enterprises
Robotic Process Automation Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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