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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.
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:
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.
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 Deployment18.104.22.168.On-premise22.214.171.124.Cloud1.2.2.By Application (Value)126.96.36.199.Administration and reporting188.8.131.52.Customer Support184.108.40.206.Data Migration and Capture Extraction220.127.116.11.Analytics18.104.22.168.Others (Compliances, Strategy, etc.)1.2.3.By Operation (Value)22.214.171.124.Rule-based126.96.36.199.Knowledge-based1.2.4.By Industry (Value)188.8.131.52.Retail184.108.40.206.Manufacturing and Logistics Industry220.127.116.11.BFSI18.104.22.168.Healthcare22.214.171.124.IT and Telecom126.96.36.199.Hospitality188.8.131.52.Others (Government, Energy and Utility)1.2.5.By Geography (Value)184.108.40.206.North America220.127.116.11.Europe18.104.22.168.Asia Pacific22.214.171.124.Middle East and Africa126.96.36.199.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 Deployment188.8.131.52.On-premise184.108.40.206.Cloud2.2.2.By Application (Value)220.127.116.11.Administration and reporting18.104.22.168.Customer Support22.214.171.124.Data Migration and Capture Extraction126.96.36.199.Analytics188.8.131.52.Others (Compliances, Strategy, etc.)2.2.3.By Operation (Value)184.108.40.206.Rule-based220.127.116.11.Knowledge-based2.2.4.By Industry (Value)18.104.22.168.Retail22.214.171.124.Manufacturing and Logistics Industry126.96.36.199.BFSI188.8.131.52.Healthcare184.108.40.206.IT and Telecom220.127.116.11.Hospitality18.104.22.168.Others ( Government, Energy and Utility)2.2.5.By Country (Value)22.214.171.124.U.S.126.96.36.199.Canada3.Europe Robotic Process Automation (RPA) Market Analysis, Insights and Forecast, 2015-20263.1.Key Findings / Summary3.2.Market Size Estimates and Forecasts3.2.1.By Deployment188.8.131.52.On-premise184.108.40.206.Cloud3.2.2.By Application (Value)220.127.116.11.Administration and reporting18.104.22.168.Customer Support22.214.171.124.Data Migration and Capture Extraction126.96.36.199.Analytics188.8.131.52.Others (Compliances, Strategy, etc.)3.2.3.By Operation (Value)184.108.40.206.Rule-based220.127.116.11.Knowledge-based3.2.4.By Industry (Value)18.104.22.168.Retail22.214.171.124.Manufacturing and Logistics Industry126.96.36.199.BFSI188.8.131.52.Healthcare184.108.40.206.IT and Telecom220.127.116.11.Hospitality18.104.22.168.Others ( Government, Energy and Utility)3.2.5.By Country (Value)22.214.171.124.Germany126.96.36.199.UK188.8.131.52.France184.108.40.206.Rest 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 Deployment220.127.116.11.On-premise18.104.22.168.Cloud4.2.2.By Application (Value)22.214.171.124.Administration and reporting126.96.36.199.Customer Support188.8.131.52.Data Migration and Capture Extraction184.108.40.206.Analytics220.127.116.11.Others (Compliances, Strategy, etc.)4.2.3.By Operation (Value)18.104.22.168.Rule-based22.214.171.124.Knowledge-based4.2.4.By Industry (Value)126.96.36.199.Retail188.8.131.52.Manufacturing and Logistics Industry184.108.40.206.BFSI220.127.116.11.Healthcare18.104.22.168.IT and Telecom22.214.171.124.Hospitality126.96.36.199.Others (Government, Energy and Utility)4.2.5.By Country (Value)188.8.131.52.China184.108.40.206.Japan220.127.116.11.India18.104.22.168.Southeast Asia22.214.171.124.Rest of APAC
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