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?
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Meticulous Research®
Email- sales@meticulousresearch.com
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