Robotic Process Automation Market Analysis: Size, Share, and Trends for 2030
Meticulous Research®, a premier global market research firm, has released a new report titled, "Robotic Process Automation Market by Offering (Software, Services), Type (Attended RPA, Unattended RPA), Application (Customer Account Management, Employee Onboarding), Sector (BFSI, IT & Telecom, Healthcare), and Geography - Global Forecast to 2030."
According to this latest report, the robotic process
automation (RPA) market is expected to hit $35.9 billion by 2030, growing at a
CAGR of 20.2% from 2023 to 2030. This growth is fueled by the increasing
need for business process automation, advancements in technologies like cloud
computing, AI, and machine learning, and a growing demand for RPA solutions in
the BFSI sector. Nevertheless, high implementation costs pose a challenge to
market expansion.
Opportunities for growth are seen in the rising use of
RPA-enabled self-learning chatbots and the adoption of RPA in healthcare.
Challenges include misconceptions and a lack of awareness about RPA. Noteworthy
trends include the increasing use of cloud-based RPA and the demand for
collaborative RPA.
The report segments the RPA market by offering (software,
services), type (attended RPA, unattended RPA, Hybrid RPA), organization size
(large enterprises, SMEs), deployment mode (on-premise, cloud-based),
application (administration, customer account management, employee onboarding,
and more), and sector (BFSI, IT & telecom, retail, manufacturing,
healthcare, etc.). It also evaluates regional and country-level market
dynamics.
In 2023, the software segment is projected to dominate due
to its benefits and growing demand. The services segment is expected to grow
the fastest due to high adoption rates across various sectors. Attended RPA is
predicted to lead in market share and growth, particularly in the BPO sector.
On-premise deployments are anticipated to hold a larger market share, but
cloud-based deployments will grow more rapidly. Large enterprises will continue
to dominate, though SMEs are expected to grow quickly. The customer account
management application will lead, while BFSI will be the largest sector, with
healthcare experiencing the highest growth. North America will lead
geographically, but Asia-Pacific is set to grow the fastest.
Key Players:
The key players operating in the robotic process automation
market are UiPath, Inc. (U.S.), Automation Anywhere, Inc. (U.S.), Pegasystems
Inc. (U.S.), Blue Prism Group plc (U.K.), Celaton Limited (U.K.), OnviSource,
Inc. (U.S.), Kofax Inc. (U.S.), FPT Software Company Limited (Vietnam),
EdgeVerve Systems Limited (India), NICE Ltd. (Israel), IBM Corporation (U.S.),
Verint Systems Inc. (U.S.), AutomationEdge Technologies, Inc. (U.S.), Appian
Corporation (U.S.), and EPSoft Technologies (U.S.).
Download Sample Copy Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5282
Key Questions Answered in the Report:
- Which
are the high-growth market segments in terms of offering, type,
organization size, deployment mode, application, and sector?
- What
is the historical market size for robotic process automation across the
globe?
- What
are the market forecasts and estimates for 2023–2030?
- What
are the major drivers, restraints, opportunities, challenges, and trends
in the global robotic process automation market?
- Who
are the major players in the global robotic process automation market, and
what are their market shares?
- What
is the competitive landscape like?
- What
are the recent developments in the global robotic process automation
market?
- What
are the different strategies adopted by major market players?
- What
are the geographic trends and high-growth countries?
- Who
are the local emerging players in the global robotic process automation
market, and how do they compete with other players?
Meticulous Research®
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