Global Robotic Process Automation Market by Process (Automated Solution, Decision Support & Management, Interaction Solution), by Operation (Rule Based, and Knowledge Based), by Offering (Software, Service [Professional, Training]), by Enterprise Size (Large Enterprise, Small & Medium Enterprise), by Industry (BFSI, Telecom & IT, Retail & Consumer Goods, Manufacturing, Healthcare & Pharmaceutical) - Global Industry Trends, Shares, Competitive Analysis and Segment Forecasts, 2018 to 2025

EXRAND004  |  Upcoming  |  Global  |  NA  |  Under Development

Robotic process automation is the use of artificial intelligence and machine learning skills to optimize operations, improve speed and accuracy of business processes, handle high volume and repeatable tasks. It allows employees to assemble and program a computer software or a robot to capture and interpret existing application in the organization for manipulating data, processing transactions and communicating with digital systems. Implementation of robotic process automation improves service desk operations and assists in monitoring business tasks such as manufacturing and assembling, which further helps businesses in handling short term demand of their customers without any extra human involvement. 

The major growth opportunities for robotics process automation market can be found in BPO, healthcare industry and advanced artificial intelligence process automation industry .However data insecurity risk and less knowledge based business processes limits the growth of robotic process automation market.

The major processes offered by robotic process automation are automated solution, decision support & management and interaction solution. The operation use in robotic process automation are like rule based, knowledge based . The offering use in robotic process automation are software and service. The enterprise size use in robotic process automation are large enterprise and small and medium enterprise. Finally the industry which employ the operation of robotic process automation include BFSI, telecom & IT, retail & consumer goods, manufacturing, healthcare & pharmaceutical.


The robotic process automation market is driven by factors such as surge in demand for virtual workforce to eliminate repetitive human tasks particularly in operation and business process outsourcing services, decreasing cost of automation software and services, and increased adoption of new automation technologies for business transformation. Growing demand for artificial intelligence and cognitive learning, business process automation(BPA) through the use of software robots and artificial intelligence (AI) and the adoption of business automation technologies by enterprises is anticipated to be the key growth driving factor for the market. Progress in automation software technologies is further creating a new era for learning technologies with human like capabilities, such as handwriting recognition, natural language processing, and identifying unknown images. 


Competitive scenarios of the top players in the robotic process automation market have been discussed in detail. Some of the leading players playing an important role in the  robotic process automation market are Nice Systems Ltd., Blue Prism PLC, Pegasystems Inc., Celaton Ltd., Ipsoft Inc., UiPath , Redwood Software, Verint System Inc., Xerox Corporation and IBM Corporation.

The major strategies adopted by these market players include partnerships, agreements, joint ventures, and acquisitions. Supportive government rules and increasing adoption of software robots and artificial intelligence (AI) in helathcare industry aids market growth of Robotic Process Automation. 

 

The two major companies associated with the Procession, invention and discovery line of robotic process automation related include IBM Corporation and Blue Prism. Both these companies have extensively focused on acquisitions to expand both customer outreach, technological geographic expansion. In June 2018, IBM Corporation came up with new IBM Robotic Process Automation with Automation Anywhere V11, it addresses bundling IBM Digital Business Automation capabilities, such as workflow management, real-time decision making and data capture, with RPA task automation. In March 2018, Fujitsu and Blue Prism declared global collaboration for delivering enterprise robotic process automation (RPA).


Based on process, the robotic process automation market has been segmented as follows

• Automated Solution

• Decision Support & Management

• Interaction Solution

Based on operation, the robotic process automation market has been segmented as follows 

• Rule Based

• Knowledge Based

Based on offering, the robotic process automation market has been segmented as follows 

• Software

• Service


Based on enterprise size, the robotic process automation market has been segmented as follows 

• Large Enterprise

• Small and Medium Enterprise


Based on industry, the robotic process automation market has been segmented as follows 

• BFSI

• Telecom & IT

• Retail and Consumer Goods

• Manufacturing

• Healthcare and Pharmaceuticals

• Others (includes travel, hospitality, transportation and logistics)

Based on regional segments , the robotic process automation market has been segmented as follows 

• North America

o US

o Canada

• Europe

o Germany

o UK

o France

o Rest of Europe

• Asia Pacific

o Japan 

o China

o India

o Rest of Asia Pacific

• Middle East and Africa

o South Africa

o Rest of Middle East and Africa

• Latin America

o Brazil

o Rest of Latin America


1. Executive Summary

2. Global Robotic Process Automation Market Overview

2.1. Market Segmentation & Scope

2.2. Process Introduction

2.3. Market Trends

2.3.1. Introduction

2.3.2. Drivers

2.3.2.1. Surge in the demand for virtual workforce

2.3.2.2. Decreasing cost of automation software and services

2.3.2.3. Reduction in workforce cost

2.3.3. Restraint

2.3.3.1. High risk of business failure

2.3.3.2. Lack of technical workforce

2.3.4. Opportunities

2.3.4.1. Adoption of robotic process automation in the healthcare industry

2.3.4.2. Integration of artificial intelligence in robotic process automation

2.3.5. Substitutes Threat

2.3.6. Operation Progress in Related Industry

2.3.7. Consumer Preference Analysis

3. Global Robotic Process Automation Market by process

3.1. Robotic Process Automation Market process Analysis

3.2. Global Robotic Process Automation Market Revenue (USD Million) by process, 2015-2025

3.3. Global Robotic Process Automation Market (Revenue) by process, 2015-2025

3.3.1. Automated Solution Market Analysis

3.3.2. Decision Support & Management  Market Analysis

3.4. List of Manufacturers, By  Robotic Process Automation process

4. Global Robotic Process Automation Market by Operation

4.1. Robotic Process Automation Market Operation Analysis

4.2. Global Robotic Process Automation Market Revenue (USD Million) by Operation, 2015-2025

4.3. Global Robotic Process Automation Market (Revenue), by Operation, 2015-2025

4.3.1. Rule Based Market Analysis

4.3.2. Knowledge Based Market Analysis

4.3.3. Text Based Market Analysis

4.4. List of Manufacturers, By Robotic Process Automation Operation

5. Global Robotic Process Automation Market by Offering

5.1. Robotic Process Automation Market Offering Analysis

5.2. Global Robotic Process Automation Market Revenue (USD Million) by Offering (2015-2025)

5.3. Global Robotic Process Automation Market (Revenue), By Offering, 2015-2025

5.3.1. Software Segment Analysis

5.3.2. ServiceSegment Analysis

5.3.3. Others 

5.4. List of Manufacturers, By Offering

6. Global Robotic Process Automation Market by Enterprise Size

6.1. Robotic Process Automation Market Enterprise Size Analysis

6.2. Global Robotic Process Automation Market Revenue (USD Million) by Enterprise Size (2015-2025)

6.3. Global Robotic Process Automation Market (Revenue), By Enterprise Size, 2015-2025

6.3.1. Large Enterprise Segment Analysis

6.3.2. Small and Medium Enterprise Segment Analysis

6.4. List of Manufacturers, By Enterprise Size

7. Global Robotic Process Automation Market by Industry

7.1. Robotic Process Automation Market Industry Analysis

7.2. Global Robotic Process Automation Market Revenue (USD Million) by Industry (2015-2025)

7.3. Global Robotic Process Automation Market (Revenue), By Industry, 2015-2025

7.3.1. BFSI Segment Analysis

7.3.2. Telecom & IT Segment Analysis

7.3.3. Retail and Consumer Goods Segment Analysis

7.3.4. Manufacturing Segment Analysis

7.3.5. Healthcare and Pharmaceuticals Segment Analysis

7.3.6. Others (includes travel, hospitality, transportation and logistics) 

7.4. List of Manufacturers, By Industry

8. Global Robotic Process Automation Market by Region

8.1. Robotic Process Automation Market Regional Analysis

8.2. Global Robotic Process Automation Market Revenue (USD Million) by Region, 2015-2025

8.3. Global Robotic Process Automation Market (Revenue), 2015-2025

9. North America Robotic Process Automation Market

9.1. North America Robotic Process Automation Market Analysis

9.2. North America Robotic Process Automation Market (Revenue), 2015-2025

9.3. North America Robotic Process Automation by Country (Revenue), 2015-2025

9.3.1. U.S. Robotic Process Automation Market (Revenue), 2015-2025

9.3.2. Canada Robotic Process Automation Market (Revenue), 2015-2025

9.4. Potential Buyers In North America

10. Europe Robotic Process Automation Market

10.1. Europe Robotic Process Automation Market Analysis

10.2. Europe Robotic Process Automation Market (Revenue), 2015-2025

10.3. Europe Robotic Process Automation Market by Country (Revenue), 2015-2025

10.3.1. Germany Robotic Process Automation Market (Revenue), 2015-2025

10.3.2. UK Robotic Process Automation Market (Revenue), 2015-2025

10.3.3. France Robotic Process Automation Market (Revenue), 2015-2025

10.3.4. Rest of Europe Robotic Process Automation Market (Revenue), 2015-2025

10.4. Potential Buyers in Europe

11. Asia Pacific Robotic Process Automation Market

11.1. Asia Pacific Robotic Process Automation Market Analysis

11.2. Asia Pacific Robotic Process Automation Market (Revenue), 2015-2025

11.3. Asia Pacific Robotic Process Automation Market, by Country (Revenue), 2015-2025

11.3.1. China Robotic Process Automation Market (Revenue), 2015-2025

11.3.2. Japan Robotic Process Automation Market (Revenue), 2015-2025

11.3.3. India Robotic Process Automation Market (Revenue), 2015-2025

11.3.4. Rest of Asia Pacific Robotic Process Automation Market (Revenue), 2015-2025

11.4. Potential Buyers in Asia Pacific

12. Latin America Robotic Process Automation Market

12.1. Latin America Robotic Process Automation Market Analysis

12.2. Latin America Robotic Process Automation Market (Revenue), 2015-2025

12.3. Latin America Robotic Process Automation Market by Country, (Revenue), 2015-2025

12.3.1. Brazil Robotic Process Automation Market (Revenue), 2015-2025

12.3.2. Rest of Latin America Robotic Process Automation Market (Revenue), 2015-2025

12.4. Potential Buyers in Latin America

13. Middle East & Africa Robotic Process Automation Market

13.1. Middle East & Africa Robotic Process Automation Market Regional analysis

13.2. Middle East & Africa Robotic Process Automation Market (Revenue)

13.2.1. Middle East & Africa Robotic Process Automation Revenue by Country,  2015-2025

13.2.2. South Africa Robotic Process Automation Market (Revenue), 2015-2025

13.2.3. Rest of Middle East & Africa Robotic Process Automation Market (Revenue), 2015-2025

13.3. Potential Buyers in Middle East & Africa

14. Company Profile

14.1. Nice Systems Ltd.

14.1.1. Company Overview 

14.1.2. Financial Overview

14.1.3. Process Benchmarking

14.1.4. Key Developments

14.2. Pegasystems Inc.

14.2.1. Company Overview 

14.2.2. Financial Overview

14.2.3. Process Benchmarking

14.2.4. Key Developments

14.3. Blue Prism PLC

14.3.1. Company Overview 

14.3.2. Financial Overview

14.3.3. Process Benchmarking

14.3.4. Key Developments

14.4. IPsoft Inc.

14.4.1. Company Overview 

14.4.2. Financial Overview

14.4.3. Process Benchmarking

14.4.4. Key Developments

14.5. Celaton Ltd.

14.5.1. Company Overview 

14.5.2. Financial Overview

14.5.3. Process Benchmarking

14.5.4. Key Developments

14.6. Redwood Software

14.6.1. Company Overview 

14.6.2. Financial Overview

14.6.3. Process Benchmarking

14.6.4. Key Developments

14.7. UiPath SRL

14.7.1. Company Overview 

14.7.2. Financial Overview

14.7.3. Process Benchmarking

14.7.4. Key Developments

14.8. Verint System Inc.

14.8.1. Company Overview 

14.8.2. Financial Overview

14.8.3. Process Benchmarking

14.8.4. Key Developments

14.9. Xerox Corporation

14.9.1. Company Overview 

14.9.2. Financial Overview

14.9.3. Process Benchmarking

14.9.4. Key Developments

14.10. IBM Corporation

14.10.1. Company Overview 

14.10.2. Financial Overview

14.10.3. Process Benchmarking

14.10.4. Key Developments

15. Key Insights

16. Research Methodology