Robotic Process Automation Market Research Report- Forecast 2023

Robotic Process Automation Market Research Report- Forecast 2023

ID: MRFR/SEM/1641-HCRR | July, 2017 | Region: Global | 100 pages | Half-Cooked Research Reports

Robotic Process Automation Market, By Process (Automated Solution, Decision Support and Management Solution), By Operations (Rule Based), By Type (Tools), By Industry (IT & Telecommunication, Manufacturing & Logistics) - Global Forecast 2023

Market Synopsis of Robotic Process Automation Market:
Market Scenario:
Robotic process automation is an application technology where software with capabilities of artificial intelligence and machine learning are used for handling high volume, repeatable tasks. RPA allows employees to configure and program a computer software or a robot to interpret exiting application in the organization for manipulating data, processing transactions and communicating with digital systems. The RPA is similar to traditional IT automation but the major difference between these technologies is, RPA is capable of learning itself and adaptive to changing circumstances which a traditional IT automation system lacks.


According to the study, healthcare and pharmaceutical industry is expected to grow at the highest CAGR. The study indicates banking and financial industry accounts for large adoption of RPA. In robotic process automation market by type segment, tools acquire for largest market share. High efficiency with low cost are few of the major factors driving the market of RPA. Whereas complex pricing model while implementation and dealing with clients is one of major challenge to the market.


Robotic process automation market is segmented on the basis of operations that includes rule based and knowledge based operations. The knowledge based operations offers a new framework for efficient decision making process in logistics and warehouse industries. It enable users by offering interactive monitoring and optimization in the flow of logistics activities using hybrid techniques.


The robotic process automation market is expected to grow at approximately USD 2,700 Million by 2023, at 29% of CAGR between 2017 and 2023.



Study Objectives of Robotic Process Automation Market:



  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the robotic process automation market.

  • To provide insights about factors affecting the market growth.

  • To analyze the robotic process automation market based porter’s five force analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

  • To provide country level analysis of the market with respect to the current market size and future prospective.

  • To provide country level analysis of the market for segment on the basis of process, operations, type and industry.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the robotic process automation market.


 


Robotic Process Automation Market
Robotic Process Automation Market

Key Players:
The prominent players in the robotic process automation market are – Automation Anywhere (U.S.), Blue Prism (U.K.), Celaton Ltd (U.K.), Ipsoft (U.S.), Nice Systems Ltd. (Israel), Pegasystems (U.S.), Redwood Software (U.S.), Uipath (Romania), Verint (U.S.), Xerox Corporation (U.S.), among others.


Segments:
Robotic Process Automation Market for segment on the basis of process, operations, type and industry.


Robotic Process Automation Market by Process:



  • Automated Solution

  • Decision Support And Management Solution

  • Interaction Solution




Robotic Process Automation Market by Operations:



  • Spend Analysis

  • E-Sourcing

  • E-Procurement

  • Contract Management

  • Supplier Management




Robotic Process Automation Market by Type:



  • Tools

  • Services

  • Travel & Logistics




Robotic Process Automation Market by Industry:



  • BFSI

  • Healthcare & Pharmaceuticals

  • Manufacturing & Logistics

  • IT & Telecommunication

  • Retail

  • Travel

  • Hospitality

  • Transportation

  • Others



Regional Analysis:
The regional analysis of robotic process automation market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. North America region accounts for largest share in robotic process automation market owing to high development in field of technology and presence of developed countries. Europe is one of the prominent player in the market of robotic process automation. Countries such as U.K., Germany and Italy are the major contributors in the market growth due to the rich manufacturing and automotive industry. Asia-Pacific is expected to emerge as fastest growing market during the forecast period. Development of Asian countries and demand for consumer electronic products is forcing the manufacturers to adopt a cost effective technology in the manufacturing process.


 


Intended Audience



  • Investors and consultants

  • System Integrators

  • Government Organizations

  • Research/Consultancy firms

  • Technology solution providers

  • IT Solution Providers

  • Supply Chain & Logistics Organizations

  • Original Equipment Manufacturers

  • Healthcare & Pharmaceutical Industry

TABLE OF CONTENTS

1    MARKET INTRODUCTION


      1.1    INTRODUCTION    

      1.2    SCOPE OF STUDY

            1.2.1    RESEARCH OBJECTIVE

            1.2.2    ASSUMPTIONS

            1.2.3    LIMITATIONS

      1.3    MARKET STRUCTURE

2    RESEARCH METHODOLOGY

      2.1    RESEARCH SOFTWARE

      2.2    PRIMARY RESEARCH

      2.3    SECONDARY RESEARCH

      2.4    FORECAST MODEL

            2.4.1    MARKET DATA COLLECTION, ANALYSIS & FORECAST

            2.4.2    MARKET SIZE ESTIMATION

3    MARKET DYNAMICS 

      3.1    INTRODUCTION

      3.2    MARKET DRIVERS

      3.3    MARKET CHALLENGES

      3.4    MARKET OPPORTUNITIES 

      3.5    MARKET RESTRAINTS

4    EXECUTIVE SUMMARY 

5.    MARKET FACTOR ANALYSIS


      5.1    PORTER’S FIVE FORCES ANALYSIS

      5.2    SUPPLY CHAIN ANALYSIS

6    ROBOTIC PROCESS AUTOMATION MARKET, BY SEGMENTS

      6.1    INTRODUCTION

      6.2    MARKET STATISTICS

            6.2.1   BY PROCESS

                6.2.1.1   AUTOMATED SOLUTION

                6.2.1.2   DECISION SUPPORT AND MANAGEMENT SOLUTION

                6.2.1.3   INTERACTION SOLUTIONS

            6.2.2    BY OPERATIONS

                6.2.2.1    RULE BASED

                6.2.2.2    KNOWLEGDE BASED

            6.2.3    BY TYPE

                6.2.3.1    TOOLS

                6.2.3.2    SERVICES

            6.2.4    BY INDUSTRY

                6.2.4.1     BFSI

                6.2.4.2     HEALTHCARE & PHARMACEUTICALS

                6.2.4.3     MANUFACTURING & LOGISTICS

                6.2.4.4     IT & TELECOMMUNICATION

                6.2.4.5   RETAIL AND CONSUMER GOODS

                6.2.4.6    TRAVEL 

                6.2.4.7   HOSPITALITY

                6.2.4.8   TRANSPORTATION

                6.2.4.9    OTHERS

            6.2.5     BY GEOGRAPHY

                6.2.5.1    NORTH AMERICA

                6.2.5.2    EUROPE

                6.2.5.3    ASIA-PACIFIC

                6.2.5.4    REST OF THE WORLD

7    COMPETITIVE ANALYSIS

      7.1    MARKET SHARE ANALYSIS

      7.2    COMPANY PROFILES

            7.2.1    AUTOMATION ANYWHERE (U.S.)

            7.2.2    BLUE PRISM (U.K.),

            7.2.3    CELATON LTD (U.K.)

            7.2.4    IPSOFT (U.S.)

            7.2.5    NICE SYSTEMS LTD. (ISRAEL)

            7.2.6    PEGASYSTEMS (U.S.)

            7.2.7    REDWOOD SOFTWARE (U.S.)

            7.2.8    UIPATH (ROMANIA)

            7.2.9    VERINT (U.S.)

            7.2.10    XEROX CORPORATION (U.S.)

            7.2.11     OTHERS

LIST OF TABLES

TABLE 1        ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS

TABLE 2     ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS

TABLE 3     ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE

TABLE 4         ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY 

TABLE 5         ROBOTIC PROCESS AUTOMATION MARKET, BY REGION

TABLE 6     NORTH AMERICA ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS

TABLE 7            NORTH AMERICA ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS

TABLE 8            NORTH AMERICA ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE

TABLE 9         NORTH AMERICA ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY 

TABLE 10     U.S. ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS

TABLE 11    U.S. ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS

TABLE 12    U.S. ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE

TABLE 13    U.S. ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY 

TABLE 14    CANADA ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS

TABLE 15    CANADA ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS

TABLE 16    CANADA ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE

TABLE 17        CANADA ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY 

TABLE 18    EUROPE ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS

TABLE 19    EUROPE ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS

TABLE 20    EUROPE ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE

TABLE 21    EUROPE ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY  

TABLE 22    GERMANY ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS

TABLE 23    GERMANY ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS

TABLE 24    GERMANY ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE

TABLE 25    GERMANY ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY 

TABLE 26    FRANCE ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS

TABLE 27    FRANCE ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS

TABLE 28    FRANCE ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE

TABLE 29    FRANCE ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY 

TABLE 30    U.K. ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS

TABLE 31    U.K. ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS

TABLE 32    U.K. ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE

TABLE 33    U.K.  ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY 

TABLE 34    REST OF EUROPE ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS

TABLE 35    REST OF EUROPE ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS

TABLE 36    REST OF EUROPE ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE

TABLE 37    REST OF EUROPE ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY 

TABLE 38    ASIA-PACIFIC ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS

TABLE 39    ASIA-PACIFIC ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS

TABLE 40    ASIA-PACIFIC ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE

TABLE 41    ASIA-PACIFIC ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY 

TABLE 42    REST OF THE WORLD ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS

TABLE 43    REST OF THE WORLD ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS

TABLE 44    REST OF THE WORLD ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE

TABLE 46    REST OF THE WORLD ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY 

 

LIST OF FIGURES

FIGURE 1    RESEARCH TYPE

FIGURE 2    ROBOTIC PROCESS AUTOMATION MARKET: BY PROCESS (%)

FIGURE 3    ROBOTIC PROCESS AUTOMATION MARKET: BY OPERATIONS (%)

FIGURE 4    ROBOTIC PROCESS AUTOMATION MARKET: BY TYPE (%)

FIGURE 5    ROBOTIC PROCESS AUTOMATION MARKET: BY INDUSTRY (%)

FIGURE 6    ROBOTIC PROCESS AUTOMATION MARKET: BY REGION (%)

FIGURE 7             NORTH AMERICA ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS (%)

FIGURE 8    NORTH AMERICA ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS (%)

FIGURE 9    NORTH AMERICA ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE (%)

FIGURE 10           NORTH AMERICA ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY (%)

FIGURE 11    EUROPE ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS (%)

FIGURE 12    EUROPE ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS (%)

FIGURE 13    EUROPE ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE (%)

FIGURE 14           EUROPE ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY (%)

FIGURE 15    ASIA-PACIFIC ROBOTIC PROCESS AUTOMATION MARKET BY PROCESS (%)

FIGURE 16    ASIA-PACIFIC ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS (%)

FIGURE 17    ASIA-PACIFIC ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE (%)

FIGURE 18           ASIA-PACIFIC ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY (%)

FIGURE 19    ROW ROBOTIC PROCESS AUTOMATION MARKET, BY PROCESS (%)

FIGURE 20    ROW ROBOTIC PROCESS AUTOMATION MARKET, BY OPERATIONS (%)

FIGURE 21    ROW ROBOTIC PROCESS AUTOMATION MARKET, BY TYPE (%)

FIGURE 22          ROW ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY (%)