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Global Robotic Process Automation Market Size, Trends & Growth Opportunity, By Type (Tools, Service, and Travel Logistics), By Service (Consulting, Implementing,, and Training), By Application (BFSI, Pharmaceutical & Healthcare, Retail & Consumer Goods, IT & Telecom, Communication and Media & Education, Manufacturing, and Others), By Region and Forecast till 2027


Report ID : IR100410 | Industries : Energy & Power | Published On :May 2024 | Page Count : 230

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  • Global Robotic Process Automation Market Size, Trends & Growth Opportunity, By Type (Tools, Service, and Travel Logistics), By Service (Consulting, Implementing,, and Training), By Application (BFSI, Pharmaceutical & Healthcare, Retail & Consumer Goods, IT & Telecom, Communication and Media & Education, Manufacturing, and Others), By Region and Forecast till 2027
    Global Robotic Process Automation Market
    The global Robotic Process Automation market was valued at USD 1.89 billion in 2021 and it is expected to reach at USD 14.21 billion in 2027 at a CAGR of 38.2 % during forecast period 2022-2027.
    Robotic Process Automation allows faster implementation, and scaling of the huge volume data resulting in less time consumption and reduced overhead expense of organizations. Ease in business process is the main advantage of robotic process automation. Continuous technological advancements and increase in demand for robotics process automation by organizations will fuel the market growth.
    Market Drivers
    Increase in demand for automation of redundant tasks in the business process with machine learning and artificial intelligence enhancements is the key driving factor which is expected to boost the global robotic process automation market growth. The integration of technology to automate the repetitive task across various industries has resulted in reduced human error, increased throughput, and accelerated work. Combination of robotic process automation with cognitive technologies like machine learning, speech recognition, NLP (Natural Language Processing) is capable of handling higher-order tasks with AI assistance without human’s decision making capabilities. 
    COVID-19 Impact 
    increase in COVID-19 pandemic will positively contribute the market growth. Due to COVID 19 effect has resulted in inclination towards cost saving by reducing the number of employees involved in performing the task and improvement of work efficiency.
    Recent development 
    In 2022, Fabric, a automation company,and Reply, which offer brands and retailers seamless integration to a single-point solution for a warehouse management system and automated robotic fulfillment.In 2022, a robotic process automation vendor paterned with new robotic process automation tools for process discovery and document processing. 
    Market Restraints
    However, lack of awareness regarding robotic process automation is the major challenging factor which is expected to hinder the global robotic process automation market growth. Also, data insecurity risk hindering the implementation of market in the financial sector will affect the market growth. 
    Market Segmentation
    Global Robotic Process Automation Market is segmented into type such as Tools, Services and Travel Logistics, by service such as Consulting, Implementing, and Training, by deployment such as Cloud, and On-premise, by organization size such as Large Enterprise, and Small and Medium Size Enterprise. Further, market is segmented into application such as BFSI, Pharmaceutical & Healthcare, Retail & Consumer Goods, IT & Telecom, Communication and Media & Education, Manufacturing, and Others.
    Also, Global Robotic Process Automation Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
    Market Key Players
    Various key players are discussed in this report such as Ipsoft, Inc., Blue Prism PLC, Automation Anywhere, Pegasystems Inc., Nice Systems Ltd.,  Celaton Ltd., Redwood Software, Uipath SRL, Verint System Inc., and Xerox Corporation
    Market Taxonomy
    By Type
    • Tools
    • Services
    • Travel Logistics
    By Service
    • Consulting
    • Implementing
    • Training
    By Deployment
    • Cloud
    • On-premise
    By Organization Size
    • Large Enterprise
    • Small and Medium Size Enterprise
    By Application
    • BFSI
    • Pharmaceutical & Healthcare
    • Retail & Consumer Goods
    • IT & Telecom
    • Communication and Media & Education
    • Manufacturing
    • Others
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    Key Questions Addressed by the Report
    • What are the Key Opportunities in Global Robotic Process Automation Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the competitive Landscape in the Industry?
    • What is the role of key players in the value chain?
    • What are the strategies adopted by key players?

    Global Robotic Process Automation Market TOC 
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Robotic Process Automation Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Robotic Process Automation Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type 
    5.2 Global Robotic Process Automation Market Share Analysis, By Type 
    5.3 Global Robotic Process Automation Market Size and Forecast, By Type
    5.3.1 Tools
    5.3.2 Services
    5.3.3. Travel Logistics
    6 Global Robotic Process Automation Market, By Service
    6.1 Y-o-Y Growth Comparison, By Service
    6.2 Global Robotic Process Automation Market Share Analysis, By Service
    6.3 Global Robotic Process Automation Market Size and Forecast, By Service
    6.3.1 Consulting
    6.3.2 Implementing
    6.3.3. Training
    7 Global Robotic Process Automation Market, By Deployment
    7.1 Y-o-Y Growth Comparison, By Deployment
    7.2 Global Robotic Process Automation Market Share Analysis, By Deployment
    7.3 Global Robotic Process Automation Market Size and Forecast, By Deployment
    7.3.1 Cloud
    7.3.2 On-Premise
    8 Global Robotic Process Automation Market, By Organization Size
    8.1 Y-o-Y Growth Comparison, By Organization Size
    8.2 Global Robotic Process Automation Market Share Analysis, By Organization Size
    8.3 Global Robotic Process Automation Market Size and Forecast, By Organization Size
    8.3.1 Large Enterprise
    8.3.2 Small and Medium Size Enterprises
    9 Global Robotic Process Automation Market, By Application
    9.1 Y-o-Y Growth Comparison, By Application
    9.2 Global Robotic Process Automation Market Share Analysis, By Application
    9.3 Global Robotic Process Automation Market Size and Forecast, By Application
    9.3.1 BFSI
    9.3.2 Pharmaceutical & Healthcare
    9.3.3 Retail & Consumer Goods
    9.3.4. IT & Telecom
    9.3.5 .Communication, Media & Education
    9.3.6. Manufacturing
    9.3.7. Others
    10Global Robotic Process Automation Market, By Region
    10.1 Global Robotic Process Automation Market Share Analysis, By Region
    10.2 Global Robotic Process Automation Market Share Analysis, By Region
    10.3 Global Robotic Process Automation Market Size and Forecast, By Region
    11 North America Robotic Process Automation Analysis and Forecast (2022 – 2027)
    11.1 Introduction
    11.2 North America Robotic Process Automation Product Market Share Analysis, By Type
    11.3 North America Robotic Process Automation Product Market Size and Forecast, By Service
    11.4 North America Robotic Process Automation Product Market Size and Forecast, By Deployment
    11.5 North America Robotic Process Automation Product Market Size and Forecast, By Organization Size
    11.6North America Robotic Process Automation Product Market Size and Forecast, By Application
    11.7 North America Robotic Process Automation Product Market Size and Forecast, By Country
    11.7.1 U.S.
    11.7.2 Canada
    11.7.3 Mexico
    12Europe Robotic Process Automation Market Analysis and Forecast (2022 – 2027)
    12.1 Introduction
    12.2 Europe Robotic Process Automation Product Market Share Analysis, By Type 
    12.3 Europe Robotic Process Automation Product Market Size and Forecast, By Service 
    12.4 Europe Robotic Process Automation Product Market Size and Forecast, By Deployment
    12.5 Europe Robotic Process Automation Product Market Size and Forecast, By Organization Size
    12.6 Europe Robotic Process Automation Product Market Size and Forecast, By Application
    12.7 Europe Robotic Process Automation Product Market Size and Forecast, By Country
    12.7.1 Germany
    12.7.2 France
    12.7.3 UK
    12.7.4. Rest of Europe
    13Asia Pacific Robotic Process Automation Market Analysis and Forecast (2022 – 2027)
    13.1 Introduction
    13.2 Asia Pacific Robotic Process Automation Product Market Share Analysis, By Type 
    13.3 Asia Pacific Robotic Process Automation Product Market Size and Forecast, By Service  
    13.4 Asia Pacific Robotic Process Automation Product Market Size and Forecast, By Deployment
    13.5 Asia Pacific Robotic Process Automation Product Market Size and Forecast, By Organization Size
    13.6 Asia Pacific Robotic Process Automation Product Market Size and Forecast, By Application
    13.7 Asia Pacific Robotic Process Automation Product Market Size and Forecast, By Country
    13.7.1 China
    13.7.2 Japan
    13.7.3 India
    13.7.4. Rest of Asia Pacific
    14Latin America Robotic Process Automation Market Analysis and Forecast (2022 – 2027)
    14.1 Introduction
    14.2 Latin America Robotic Process Automation Product Market Share Analysis, By Type 
    14.3 Latin America Robotic Process Automation Product Market Size and Forecast, By Service 
    14.4 Latin America Robotic Process Automation Product Market Size and Forecast, By Deployment
    14.5 Latin America Robotic Process Automation Product Market Size and Forecast, By Organization Size
    14.6 Latin America Robotic Process Automation Product Market Size and Forecast, By Application
    14.7 Latin America Robotic Process Automation Product Market Size and Forecast, By Country
    15Middle East Robotic Process Automation Market Analysis and Forecast (2022 – 2027)
    15.1 Introduction
    15.2 Middle East Robotic Process Automation Product Market Share Analysis, By Type 
    15.3 Middle East Robotic Process Automation Product Market Size and Forecast, By Service 
    15.4 Middle East Robotic Process Automation Product Market Size and Forecast, By Deployment
    15.5 Middle East Robotic Process Automation Product Market Size and Forecast, By Organization Size
    15.6 Middle East Robotic Process Automation Product Market Size and Forecast, By Application
    15.7 Middle East Robotic Process Automation Product Market Size and Forecast, By Country
    16Competitive Analysis
    16.1 Competition Dashboard
    16.2 Market share Analysis of Top Vendors
    16.3 Key Development Strategies
    17Company Profiles
    17.1 Ipsoft, Inc
    17.1.1 Overview
    17.1.2 Offerings
    17.1.3 Key Financials
    17.1.4 Business Segment & Geographic Overview
    17.1.5 Key Market Developments
    17.1.6 Key Strategies
    17.2 Blue Prism PLC
    17.2.1 Overview
    17.2.2 Offerings
    17.2.3 Key Financials
    17.2.4 Business Segment & Geographic Overview
    17.2.5 Key Market Developments
    17.2.6 Key Strategies
    17.3 Automation Anywhere
    17.3.1 Overview
    17.3.2 Offerings
    17.3.3 Key Financials
    17.3.4 Business Segment & Geographic Overview
    17.3.5 Key Market Developments
    17.3.6 Key Strategies
    17.4 Pegasystems Inc
    17.4.1 Overview
    17.4.2 Offerings
    17.4.3 Key Financials
    17.4.4 Business Segment & Geographic Overview
    17.4.5 Key Market Developments
    17.4.6 Key Strategies
    17.5 Nice Systems Ltd
    17.5.1 Overview
    17.5.2 Offerings
    17.5.3 Key Financials
    17.5.4 Business Segment & Geographic Overview
    17.5.5 Key Market Developments
    17.5.6 Key Strategies
    17.6 Celaton Ltd
    17.6.1 Overview
    17.6.2 Offerings
    17.6.3 Key Financials
    17.6.4 Business Segment & Geographic Overview
    17.6.5 Key Market Developments
    17.6.6 Key Strategies
    17.7 Redwood Software
    17.7.1 Overview
    17.7.2 Offerings
    17.7.3 Key Financials
    17.7.4 Business Segment & Geographic Overview
    17.7.5 Key Market Developments
    17.7.6 Key Strategies 
    17.8 Uipath SRL
    17.8.1 Overview
    17.8.2 Offerings
    17.8.3 Key Financials
    17.8.4 Business Segment & Geographic Overview
    17.8.5 Key Market Developments
    17.8.6 Key Strategies 
    17.9 Verint System Inc
    17.9.1 Overview
    17.9.2 Offerings
    17.9.3 Key Financials
    17.9.4 Business Segment & Geographic Overview
    17.9.5 Key Market Developments
    17.9.6 Key Strategies 
    17.10 Xerox Corporation 
    17.10.1 Overview
    17.10.2 Offerings
    17.10.3 Key Financials
    17.10.4 Business Segment & Geographic Overview
    17.10.5 Key Market Developments
    17.10.6 Key Strategies