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May 22, 2020 4:37 PM ET

Robotic Process Automation (RPA) Market: What will be the Short-term Impact of Coronavirus?

iCrowd Newswire - May 22, 2020

Robotic Process Automation (RPA) Market Research report provides information regarding market size, share, growth, and revenue and forecast 2026.

The global robotic process automation market size is projected to reach USD 6.81 billion by the end of 2026. Driven by applications across diverse industries, the market will exhibit a considerable CAGR in the coming years. According to a report published by Fortune Business Insights, titled “Robotic Process Automation (RPA) MarketSize, Share and Industry Analysis, By Deployment (On-premise, Cloud), By Application (Administration and reporting, Customer Support, Data Migration and Capture Extraction, Analytics, and Others), By Operation (Rule-based, Knowledge-based), By Industry (Retail, Manufacturing and Logistics Industry, BFSI, Healthcare, IT and Telecom, Hospitality, and Others), and Regional Forecast, 2019-2026,” the market was worth USD 1.39 billion in 2018 and will exhibit a CAGR of 22.3% during the forecast period, 2019-2026.


The global robotic process automation market size is projected to reach USD 6.81 billion by the end of 2026 withCAGR of 22.3% during the forecast period.


Get Detailed Analysis on Robotic Process Automation (RPA) Market Research Report


Robotic process automation is the accumulation of hardware devices that are integrated with a software. This system is used to automated repetitive tasks and help reduce the overall time required to complete the processes. The use of machine learning algorithms has opened up a huge potential for the growth of the market. The growing demand for automated concepts will emerge in favour of the companies operating in the global robotic process automation market. The use of real-time concepts helps make faster decisions, as a result of which they are witnessing huge demand across the world.


The Report Covers the Following, Major Points Precisely:


• Top Players That Are Operating in the Global Market• Market Segmentation• Regional Analysis• Deep Insights into the Market with Detailed Table of Content and Figures• Global Market Predictions for Five Decades.


Key Questions Answered:












Report Overview:


The report provides a thorough analysis of the robotic process automation market across five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. It analyzes the ongoing trends in each of these regions and highlights the products that have witnessed the highest demand. Besides this, it highlights the factors that have had the highest impact on the market in recent years. The competitive landscape has been discussed in detail and predictions have been made with respect to leading companies and the strategies adopted by these companies. Additionally, the report includes market figures for a forecasted period of 2019-2026.


Some of the leading companies that are operating in the global RPA market are:













North America to Emerge Dominant; Presence of Several Large Scale Companies to Aid Growth


The market is segmented on the basis of regional demographics into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the market in North America is projected to emerge dominant. The highly competitive market in this region has encouraged companies to come up with some exceptional products and make use of advanced concepts. The ability of RPA systems to reduce the overall system costs and subsequently increase product efficacies will have a positive impact on the growth of the market in the coming years. As of 2018, the market in 2018 was worth USD 0.54 billion and this value is projected to increase further in the coming years.


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Market Segmentation


By Deployment





By Application









By Operation





By Industry










By Region








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Reasons to Purchase This Report:


• A detailed study of product launches of every marketing player, their market channels, tactics, and market growth.• The report helps to understand the key product segments and their future scope up to Five Decades.• The report allows readers and market players to understand market Size, Share, Trend, and Future Forecast.A• The Report Provide Deep analysis with region-specific assessments and competition analysis on a global and regional scale.


Detailed Table of Content


1.Global Robotic Process Automation (RPA) Market Analysis, Insights and Forecast, 2015-20261.1.Key Findings / Summary1.2.Market Size Estimates and Forecasts1.2.1.By Deployment1.2.1.1.On-premise1.2.1.2.Cloud1.2.2.By Application (Value) and reporting1.2.2.2.Customer Support1.2.2.3.Data Migration and Capture Extraction1.2.2.4.Analytics1.2.2.5.Others (Compliances, Strategy, etc.)1.2.3.By Operation (Value) Industry (Value) and Logistics Industry1.2.4.3.BFSI1.2.4.4.Healthcare1.2.4.5.IT and Telecom1.2.4.6.Hospitality1.2.4.7.Others (Government, Energy and Utility)1.2.5.By Geography (Value) America1.2.5.2.Europe1.2.5.3.Asia Pacific1.2.5.4.Middle East and Africa1.2.5.5.Latin America2.North America Robotic Process Automation (RPA) Market Analysis, Insights and Forecast, 2015-20262.1.Key Findings / Summary2.2.Market Size Estimates and Forecasts2.2.1.By Deployment2.2.1.1.On-premise2.2.1.2.Cloud2.2.2.By Application (Value) and reporting2.2.2.2.Customer Support2.2.2.3.Data Migration and Capture Extraction2.2.2.4.Analytics2.2.2.5.Others (Compliances, Strategy, etc.)2.2.3.By Operation (Value) Industry (Value) and Logistics Industry2.2.4.3.BFSI2.2.4.4.Healthcare2.2.4.5.IT and Telecom2.2.4.6.Hospitality2.2.4.7.Others ( Government, Energy and Utility)2.2.5.By Country (Value) Robotic Process Automation (RPA) Market Analysis, Insights and Forecast, 2015-20263.1.Key Findings / Summary3.2.Market Size Estimates and Forecasts3.2.1.By Deployment3.2.1.1.On-premise3.2.1.2.Cloud3.2.2.By Application (Value) and reporting3.2.2.2.Customer Support3.2.2.3.Data Migration and Capture Extraction3.2.2.4.Analytics3.2.2.5.Others (Compliances, Strategy, etc.)3.2.3.By Operation (Value) Industry (Value) and Logistics Industry3.2.4.3.BFSI3.2.4.4.Healthcare3.2.4.5.IT and Telecom3.2.4.6.Hospitality3.2.4.7.Others ( Government, Energy and Utility)3.2.5.By Country (Value) of Europe4.Asia Pacific Robotic Process Automation (RPA) Market Analysis, Insights and Forecast, 2015-20264.1.Key Findings / Summary4.2.Market Size Estimates and Forecasts4.2.1.By Deployment4.2.1.1.On-premise4.2.1.2.Cloud4.2.2.By Application (Value) and reporting4.2.2.2.Customer Support4.2.2.3.Data Migration and Capture Extraction4.2.2.4.Analytics4.2.2.5.Others (Compliances, Strategy, etc.)4.2.3.By Operation (Value) Industry (Value) and Logistics Industry4.2.4.3.BFSI4.2.4.4.Healthcare4.2.4.5.IT and Telecom4.2.4.6.Hospitality4.2.4.7.Others (Government, Energy and Utility)4.2.5.By Country (Value) Asia4.2.5.5.Rest of APAC


TOC Continued…!!!


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