Global RPA Market Perspective, Demand Outlook, Trend Analysis, Intelligence & Industry Estimates To 2027
- Published: Jan, 2021
- Report ID: QAR-AT02023
- Format: Electronic (PDF)
- Historical Data : 2017 - 2018
The global RPA market stood at USD 1.6 billion in 2019, and is likely to be valued at USD 6.2 billion by 2027, increasing at a CAGR of 20.3% over the next seven years. The key factors driving the growth of the robotic process automation markets include; Growing demand for automating the business processes, convergence of robotic process automation with traditional business process industries, and implementation of RPA in various applications of different industries. Moreover, increasing demand to reduce manual interference in simplified, and time-consuming business processes is expected to increase the RPA technology adoption rate.
Robotic Process Automation (RPA) is a technology which aims to create software robots (bots) that mimic human behavior. Companies are seeking to minimize labor costs, increase efficiency, reduce error rates, and boost customer loyalty by transitioning to RPA. With increasing average cost of labor around the globe, enterprises have adapted the RPA technology significantly in the past few years. RPA has become one of the most trending technologies in many industries. While for few past years there has been a lot of interest in RPA, its use has just begun to scratch the surface of its capabilities. However, adoption has started to accelerate, and is forecasted to expand across the globe at a significant rate.
Regional Share Insight
Geographically, North America is the largest market due to the adoption of the RPA technology by small- and large-scale businesses. The growth in the region is primarily due to presence of large players, and continuous development of the RPA technology over the past few years. The adoption of RPA technology in Asia-Pacific region is set to register high CAGR over the forecast period. The increasing adoption and spending in healthcare, automotive and retail services is driving the demand for the implementation of RPA in the region.
The report provides detailed market outlook, and forecast the “Global RPA” market based on product, category, application, end-user and region.
Report Scope
| Research Attribute | Coverage |
|---|---|
| Years Considered | 2017-2027 |
| Historical Years | 2017 & 2018 |
| Base Year | 2019 |
| Forecast Period | 2020-2017 |
| Units Considered | USD Billion |
| Segmentation By Solution |
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| Segmentation by Process |
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| Segmentation By Application Services |
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| Segmentation By End-Use |
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| Regions Covered |
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| Key Company Profiles | Pegasystems Inc., Blue Prism PLC, Verint System Inc., Xerox Corporation, Redwood Software (U.S.), IBM, Arago Us, Inc., Accenture, Thoughtonomy Ltd., Ipsoft, Inc., Softomotive Ltd. are among others. |
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Objectives of the report
1.3. Research scope & assumptions
1.4. List of data sources
CHAPTER 2. Executive Summary
2.1. Global Robotic Process Automation Market – Key industry insights
CHAPTER 3. Market Outlook
3.1. Market definition
3.2. Market segmentation
3.3. Value chain analysis
3.4. Technological overview
3.5. Regulatory framework
3.6. Global RPA Market: developed v/s developing countries
3.7. Market opportunities & trends
3.7.1. Early adopters moving from experiment to scale implementation
3.7.2. Integration of RPA with other new technologies such as AI
3.7.3. Market driver analysis
3.7.3.1. Rising demand for automation in the business processes for easy and efficient operations
3.7.3.2. Increasing application and implementation of RPA among SPE in various industries
3.7.3.3. Impact analysis
3.7.4. Market restraint analysis
3.7.4.1. Lack of awareness
3.7.4.2. Data insecurity
3.7.4.3. Impact analysis
3.8. Industry analysis – Porter’s
3.8.1. Bargaining power of suppliers
3.8.2. Bargaining power of buyers
3.8.3. Threat of new entrants
3.8.4. Threat of substitutes
3.8.5. Competitive rivalry
3.9. PESTEL analysis
3.10. SWOT analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive framework
4.2. Company market share analysis
4.3. Strategic layout
CHAPTER 5. COVID-19 Implications
5.1. Global industry impact of COVID-19 pandemic
5.1.1. Impact analysis by application services
5.1.2. Analyst recommendations
CHAPTER 6. Global Robotic Process Automation Market Size and Forecast (2017 - 2027)
6.1. Global Robotic Process Automation Market, By Solution
6.1.1. Interaction Solution
6.1.2. Automated Solution
6.1.2.1. Business process
6.1.2.2. Industry Specific
6.1.2.3. Infrastructure Automation
6.1.2.4. Others (Application Development and Testing)
6.1.3. Decision support and management solution
6.2. Global Robotic Process Automation Market, By Process
6.2.1. Rule based
6.2.2. Knowledge based
6.3. Global Robotic Process Automation Market, By Type
6.3.1. Software Tools
6.3.2. Services
6.4. Global Robotic Process Automation Market, By Deployment
6.4.1. On-premise
6.4.2. Cloud
6.5. Global Robotic Process Automation Market, By Application Services
6.5.1. Banking Financial Services, and Insurance
6.5.2. Healthcare and life science
6.5.3. IT & Telecom
6.5.4. Transaction Intelligence
6.5.5. Consumer Services
6.5.6. Others
6.6. Global Robotic Process Automation Market, By End-Use
6.6.1. Large Enterprises
6.6.2. Small and Medium Enterprises (SMEs)
6.7. Global Robotic Process Automation Market, By Region
6.7.1. North America
6.7.2. MEA
6.7.3. Asia-Pacific
6.7.4. Central and South America (CSA)
6.7.5. Middle East and Africa (MEA)
CHAPTER 7. Global RPA Market Size and Forecast, By Region (2017 - 2027)
7.1. North America Robotic Process Automation Market (USD Billion)
7.1.1. North America Robotic Process Automation Market, By Country (USD Billion)
7.1.2. North America Robotic Process Automation Market, By Solution (USD Billion)
7.1.3. North America Robotic Process Automation Market, By Process (USD Billion)
7.1.4. North America Robotic Process Automation Market, By Type (USD Billion)
7.1.5. North America Robotic Process Automation Market, By Deployment (USD Billion)
7.1.6. North America Robotic Process Automation Market, By Application Services (USD Billion)
7.1.7. North America Robotic Process Automation Market, By End-Use (USD Billion)
7.1.8. The U.S. Clinical NutritionMarket (USD Billion)
7.1.8.1. The U.S. Robotic Process Automation Market, By Solution (USD Billion)
7.1.8.2. The U.S. Robotic Process Automation Market, By Process (USD Billion)
7.1.8.3. The U.S. Robotic Process Automation Market, By Type (USD Billion)
7.1.8.4. The U.S. Robotic Process Automation Market, By Deployment (USD Billion)
7.1.8.5. The U.S. Robotic Process Automation Market, By Application Services (USD Billion)
7.1.8.6. The U.S. Robotic Process Automation Market, By End-Use (USD Billion)
7.1.9. Canada Robotic Process Automation Market (USD Billion)
7.1.9.1. Canada Robotic Process Automation Market, By Solution (USD Billion)
7.1.9.2. Canada Robotic Process Automation Market, By Process (USD Billion)
7.1.9.3. Canada Robotic Process Automation Market, By Type (USD Billion)
7.1.9.4. Canada Robotic Process Automation Market, By Deployment (USD Billion)
7.1.9.5. Canada Robotic Process Automation Market, By Application Services (USD Billion)
7.1.9.6. Canada Robotic Process Automation Market, By End-Use (USD Billion)
7.1.10. Mexico Robotic Process Automation Market (USD Billion)
7.1.10.1. Mexico Robotic Process Automation Market, By Solution (USD Billion)
7.1.10.2. Mexico Robotic Process Automation Market, By Process (USD Billion)
7.1.10.3. Mexico Robotic Process Automation Market, By Type (USD Billion)
7.1.10.4. Mexico Robotic Process Automation Market, By Deployment (USD Billion)
7.1.10.5. Mexico Robotic Process Automation Market, By Application Services (USD Billion)
7.1.10.6. Mexico Robotic Process Automation Market, By End-Use (USD Billion)
7.2. Europe Robotic Process Automation Market (USD Billion)
7.2.1. Europe Robotic Process Automation Market, By Country (USD Billion)
7.2.2. Europe Robotic Process Automation Market, By Solution (USD Billion)
7.2.3. Europe Robotic Process Automation Market, By Process (USD Billion)
7.2.4. Europe Robotic Process Automation Market, By Type (USD Billion)
7.2.5. Europe Robotic Process Automation Market, By Deployment (USD Billion)
7.2.6. Europe Robotic Process Automation Market, By Application Services (USD Billion)
7.2.7. Europe Robotic Process Automation Market, By End-Use (USD Billion)
7.2.8. Germany Robotic Process Automation Market (USD Billion)
7.2.8.1. Germany Robotic Process Automation Market, By Solution (USD Billion)
7.2.8.2. Germany Robotic Process Automation Market, By Process (USD Billion)
7.2.8.3. Germany Robotic Process Automation Market, By Type (USD Billion)
7.2.8.4. Germany Robotic Process Automation Market, By Deployment (USD Billion)
7.2.8.5. Germany Robotic Process Automation Market, By Application Services (USD Billion)
7.2.8.6. Germany Robotic Process Automation Market, By End-Use (USD Billion)
7.2.9. U.K. Robotic Process Automation Market (USD Billion)
7.2.9.1. U.K. Robotic Process Automation Market, By Solution (USD Billion)
7.2.9.2. U.K. Robotic Process Automation Market, By Process (USD Billion)
7.2.9.3. U.K. Robotic Process Automation Market, By Type (USD Billion)
7.2.9.4. U.K. Robotic Process Automation Market, By Deployment (USD Billion)
7.2.9.5. U.K. Robotic Process Automation Market, By Application Services (USD Billion)
7.2.9.6. U.K. Robotic Process Automation Market, By End-Use (USD Billion)
7.2.10. France Robotic Process Automation Market (USD Billion)
7.2.10.1. France Robotic Process Automation Market, By Solution (USD Billion)
7.2.10.2. France Robotic Process Automation Market, By Process (USD Billion)
7.2.10.3. France Robotic Process Automation Market, By Type (USD Billion)
7.2.10.4. France Robotic Process Automation Market, By Deployment (USD Billion)
7.2.10.5. France Robotic Process Automation Market, By Application Services (USD Billion)
7.2.10.6. France Robotic Process Automation Market, By End-Use (USD Billion)
7.2.11. Italy Robotic Process Automation Market (USD Billion)
7.2.11.1. Italy Robotic Process Automation Market, By Solution (USD Billion)
7.2.11.2. Italy Robotic Process Automation Market, By Process (USD Billion)
7.2.11.3. Italy Robotic Process Automation Market, By Type (USD Billion)
7.2.11.4. Italy Robotic Process Automation Market, By Deployment (USD Billion)
7.2.11.5. Italy Robotic Process Automation Market, By Application Services (USD Billion)
7.2.11.6. Italy Robotic Process Automation Market, By End-Use (USD Billion)
7.2.12. Spain Robotic Process Automation Market (USD Billion)
7.2.12.1. Spain Robotic Process Automation Market, By Solution (USD Billion)
7.2.12.2. Spain Robotic Process Automation Market, By Process (USD Billion)
7.2.12.3. Spain Robotic Process Automation Market, By Type (USD Billion)
7.2.12.4. Spain Robotic Process Automation Market, By Deployment (USD Billion)
7.2.12.5. Spain Robotic Process Automation Market, By Application Services (USD Billion)
7.2.12.6. Spain Robotic Process Automation Market, By End-Use (USD Billion)
7.3. Asia-Pacific Robotic Process Automation Market (USD Billion)
7.3.1. Asia-Pacific Robotic Process Automation Market, By Country (USD Billion)
7.3.2. Asia-Pacific Robotic Process Automation Market, By Solution (USD Billion)
7.3.3. Asia-Pacific Robotic Process Automation Market, By Process (USD Billion)
7.3.4. Asia-Pacific Robotic Process Automation Market, By Type (USD Billion)
7.3.5. Asia-Pacific Robotic Process Automation Market, By Deployment (USD Billion)
7.3.6. Asia-Pacific Robotic Process Automation Market, By Application Services (USD Billion)
7.3.7. Asia-Pacific Robotic Process Automation Market, By End-Use (USD Billion)
7.3.8. China Robotic Process Automation Market (USD Billion)
7.3.8.1. China Robotic Process Automation Market, By Solution (USD Billion)
7.3.8.2. China Robotic Process Automation Market, By Process (USD Billion)
7.3.8.3. China Robotic Process Automation Market, By Type (USD Billion)
7.3.8.4. China Robotic Process Automation Market, By Deployment (USD Billion)
7.3.8.5. China Robotic Process Automation Market, By Application Services (USD Billion)
7.3.8.6. China Robotic Process Automation Market, By End-Use (USD Billion)
7.3.9. Japan Robotic Process Automation Market (USD Billion)
7.3.9.1. Japan Robotic Process Automation Market, By Solution (USD Billion)
7.3.9.2. Japan Robotic Process Automation Market, By Process (USD Billion)
7.3.9.3. Japan Robotic Process Automation Market, By Type (USD Billion)
7.3.9.4. Japan Robotic Process Automation Market, By Deployment (USD Billion)
7.3.9.5. Japan Robotic Process Automation Market, By Application Services (USD Billion)
7.3.9.6. Japan Robotic Process Automation Market, By End-Use (USD Billion)
7.3.10. India Robotic Process Automation Market (USD Billion)
7.3.10.1. India Robotic Process Automation Market, By Solution (USD Billion)
7.3.10.2. India Robotic Process Automation Market, By Process (USD Billion)
7.3.10.3. India Robotic Process Automation Market, By Type (USD Billion)
7.3.10.4. India Robotic Process Automation Market, By Deployment (USD Billion)
7.3.10.5. India Robotic Process Automation Market, By Application Services (USD Billion)
7.3.10.6. India Robotic Process Automation Market, By End-Use (USD Billion)
7.3.11. South Korea Robotic Process Automation Market (USD Billion)
7.3.11.1. South Korea Robotic Process Automation Market, By Solution (USD Billion)
7.3.11.2. South Korea Robotic Process Automation Market, By Process (USD Billion)
7.3.11.3. South Korea Robotic Process Automation Market, By Type (USD Billion)
7.3.11.4. South Korea Robotic Process Automation Market, By Deployment (USD Billion)
7.3.11.5. South Korea Robotic Process Automation Market, By Application Services (USD Billion)
7.3.11.6. South Korea Robotic Process Automation Market, By End-Use (USD Billion)
7.3.12. Australia Robotic Process Automation Market (USD Billion)
7.3.12.1. Australia Robotic Process Automation Market, By Solution (USD Billion)
7.3.12.2. Australia Robotic Process Automation Market, By Process (USD Billion)
7.3.12.3. Australia Robotic Process Automation Market, By Type (USD Billion)
7.3.12.4. Australia Robotic Process Automation Market, By Deployment (USD Billion)
7.3.12.5. Australia Robotic Process Automation Market, By Application Services (USD Billion)
7.3.12.6. Australia Robotic Process Automation Market, By End-Use (USD Billion)
7.4. Central and South America (CSA) RPAMarket (USD Billion)
7.4.1.1. Central and South America Robotic Process Automation Market, By Solution (USD Billion)
7.4.1.2. Central and South America Robotic Process Automation Market, By Process (USD Billion)
7.4.1.3. Central and South America Robotic Process Automation Market, By Type (USD Billion)
7.4.1.4. Central and South America Robotic Process Automation Market, By Deployment (USD Billion)
7.4.1.5. Central and South America Robotic Process Automation Market, By Application Services (USD Billion)
7.4.1.6. Central and South America Robotic Process Automation Market, By End-Use (USD Billion)
7.4.2. Brazil Robotic Process Automation Market (USD Billion)
7.4.2.1. Brazil Robotic Process Automation Market, By Solution (USD Billion)
7.4.2.2. Brazil Robotic Process Automation Market, By Process (USD Billion)
7.4.2.3. Brazil Robotic Process Automation Market, By Type (USD Billion)
7.4.2.4. Brazil Robotic Process Automation Market, By Deployment (USD Billion)
7.4.2.5. Brazil Robotic Process Automation Market, By Application Services (USD Billion)
7.4.2.6. Brazil Robotic Process Automation Market, By End-Use (USD Billion)
7.5. Middle East and Africa (MEA) Robotic Process Automation Market (USD Billion)
7.5.1. MEA Robotic Process Automation Market, By Country (USD Billion)
7.5.2. MEA Robotic Process Automation Market, By Solution (USD Billion)
7.5.3. MEA Robotic Process Automation Market, By Process (USD Billion)
7.5.4. MEA Robotic Process Automation Market, By Type (USD Billion)
7.5.5. MEA Robotic Process Automation Market, By Deployment (USD Billion)
7.5.6. MEA Robotic Process Automation Market, By Application Services (USD Billion)
7.5.7. MEA Robotic Process Automation Market, By End-Use (USD Billion)
7.5.8. UAE Robotic Process Automation Market (USD Billion)
7.5.8.1. UAE Robotic Process Automation Market, By Solution (USD Billion)
7.5.8.2. UAE Robotic Process Automation Market, By Process (USD Billion)
7.5.8.3. UAE Robotic Process Automation Market, By Type (USD Billion)
7.5.8.4. UAE Robotic Process Automation Market, By Deployment (USD Billion)
7.5.8.5. UAE Robotic Process Automation Market, By Application Services (USD Billion)
7.5.8.6. UAE Robotic Process Automation Market, By End-Use (USD Billion)
7.5.9. South Africa Robotic Process Automation Market (USD Billion)
7.5.9.1. South Africa Robotic Process Automation Market, By Solution (USD Billion)
7.5.9.2. South Africa Robotic Process Automation Market, By Process (USD Billion)
7.5.9.3. South Africa Robotic Process Automation Market, By Type (USD Billion)
7.5.9.4. South Africa Robotic Process Automation Market, By Deployment (USD Billion)
7.5.9.5. South Africa Robotic Process Automation Market, By Application Services (USD Billion)
7.5.9.6. South Africa Robotic Process Automation Market, By End-Use (USD Billion)
CHAPTER 8. Key Players and Strategic Developments
8.1. Pegasystems Inc.
8.1.1. Business Overview
8.1.2. Product and Service Offering
8.1.3. Financial Overview
8.1.4. Strategic Developments
8.2. Prism PLC
8.2.1. Business Overview
8.2.2. Product and Service Offering
8.2.3. Financial Overview
8.2.4. Strategic Developments
8.3. Verint System Inc.
8.3.1. Business Overview
8.3.2. Product and Service Offering
8.3.3. Financial Overview
8.3.4. Strategic Developments
8.4. Xerox Corporation
8.4.1. Business Overview
8.4.2. Product and Service Offering
8.4.3. Financial Overview
8.4.4. Strategic Developments
8.5. Redwood Software
8.5.1. Business Overview
8.5.2. Product and Service Offering
8.5.3. Financial Overview
8.5.4. Strategic Developments
8.6. IBM
8.6.1. Business Overview
8.6.2. Product and Service Offering
8.6.3. Financial Overview
8.6.4. Strategic Developments
8.7. Arago
8.7.1. Business Overview
8.7.2. Product and Service Offering
8.7.3. Financial Overview
8.7.4. Strategic Developments
8.8. Accenture
8.8.1. Business Overview
8.8.2. Product and Service Offering
8.8.3. Financial Overview
8.8.4. Strategic Developments
8.9. Thoughtonomy Ltd.
8.9.1. Business Overview
8.9.2. Product and Service Offering
8.9.3. Financial Overview
8.9.4. Strategic Developments
8.10. Ipsoft, Inc.
8.10.1. Business Overview
8.10.2. Product and Service Offering
8.10.3. Financial Overview
8.10.4. Strategic Developments
8.11. Softomotive Ltd.
8.11.1. Business Overview
8.11.2. Product and Service Offering
8.11.3. Financial Overview
8.11.4. Strategic Developments