INFORMATION & COMMUNICATION TECHNOLOGY
Global Robotic Process Automation (RPA) Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Robotic Process Automation (RPA) Market, By Type (Software and Service), Deployment (Cloud and On-premise), Organization Size (Large Enterprises and Small & Medium-sized Enterprises (SMEs)), Process (Automated Solution, Decision Support and Management Solutions, and Interaction Solutions), Operations (Rule Based and Knowledge Based), Application (BFSI, Pharma & Healthcare, Retail & Consumer Goods, Information Technology (IT) & Telecom, Communication and Media & Education, Manufacturing, Logistics and Energy & Utilities, and Others), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global Robotic Process Automation (RPA) market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
Robotic Process Automation (RPA) is a technology that automates repetitive, rule-based processes that are traditionally handled by people. It uses software robots, or bots, to simulate human interactions with digital systems and software applications. RPA bots may understand data, trigger responses, communicate with other systems, and perform activities across different software applications without requiring human participation.
The respective global report analyses market trends, consumer behaviour and industry dynamics to guide towards entry into new markets with ease. Also, it assists in tailoring market specific and related products and services to meet the needs, preferences, and expectations of target audience by delving into their psychology. The report also specializes with comprehensive and extensive competitive analysis which offers useful insights into competitor strengths, weaknesses, opportunities, and threats. The respective report offers exclusive insights into the potential impact of disruptive developments and technologies that are expected to completely transform corporate operations. The context includes tailor-made research solutions to create a stronger footprint in their particular industries thereby offering dedicated customized solutions according to the client needs which helps in addressing unique business challenges with more simplified and efficient decision-making solutions.
Market Dynamics
DRIVERS
- Growing demand for intelligent automation
- Increased productivity
RESTRAINTS
- Complexity of implementation
- Security and compliance concerns
OPPORTUNITIES
- Integration with legacy systems
- Industry-specific applications
CHALLENGES
- Integration challenges
- Performance and reliability issues
SEGMENTATION
- Type
- Software
- Service
- Consulting
- Implementing
- Training
- Deployment
- Cloud
- On-premise
- Organization Size
- Large Enterprises
- Small & Medium-sized Enterprises (SMEs)
- Process
- Automated Solution
- Decision Support and Management Solutions
- Interaction Solutions
- Operations
- Rule Based
- Knowledge Based
- Application
- BFSI
- Pharma & Healthcare
- Retail & Consumer Goods
- Information Technology (IT) & Telecom
- Communication and Media & Education
- Manufacturing
- Logistics and Energy & Utilities
- Others
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, and segments as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- BlackLine Inc.
- Automation Anywhere
- FPT Software
- Tungsten Automation Corporation
- Microsoft
- NICE
- NTT Advanced Technology Corp.
- OnviSource, Inc.
- Pegasystems Inc.
- SAP
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Robotic Process Automation (RPA) Market, by Type
- 3.2 Global Robotic Process Automation (RPA) Market, by Deployment
- 3.3 Global Robotic Process Automation (RPA) Market, by Organization Size
- 3.4 Global Robotic Process Automation (RPA) Market, by Process
- 3.5 Global Robotic Process Automation (RPA) Market, by Operations
- 3.6 Global Robotic Process Automation (RPA) Market, by Application
- 3.7 Global Robotic Process Automation (RPA) Market, by Geography
- 3.8 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Improved customer experience
- 5.1.2 Digital transformation
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Growing demand for intelligent automation
- 5.2.2 Increased productivity
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Complexity of implementation
- 5.3.2 Security and compliance concerns
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Integration with legacy systems
- 5.4.2 Industry-specific applications
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Integration challenges
- 5.5.2 Performance and reliability issues
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL ROBOTIC PROCESS AUTOMATION (RPA) MARKET, BY TYPE
- 6.1 Type Summary
- 6.2 Market Attractive Index
- 6.3 Global Robotic Process Automation (RPA) Market, by Type (2019-2032)
- SECTION 7 - GLOBAL ROBOTIC PROCESS AUTOMATION (RPA) MARKET, BY DEPLOYMENT
- 7.1 Deployment Summary
- 7.2 Market Attractive Index
- 7.3 Global Robotic Process Automation (RPA) Market, by Deployment (2019-2032)
- SECTION 8 - GLOBAL ROBOTIC PROCESS AUTOMATION (RPA) MARKET, BY ORGANIZATION SIZE
- 8.1 Organization Size Summary
- 8.2 Market Attractive Index
- 8.3 Global Robotic Process Automation (RPA) Market, by Organization Size (2019-2032)
- SECTION 9 - GLOBAL ROBOTIC PROCESS AUTOMATION (RPA) MARKET, BY PROCESS
- 9.1 Process Summary
- 9.2 Market Attractive Index
- 9.3 Global Robotic Process Automation (RPA) Market, by Process (2019-2032)
- SECTION 10 - GLOBAL ROBOTIC PROCESS AUTOMATION (RPA) MARKET, BY OPERATIONS
- 10.1 Operations Summary
- 10.2 Market Attractive Index
- 10.3 Global Robotic Process Automation (RPA) Market, by Operations (2019-2032)
- SECTION 11 - GLOBAL ROBOTIC PROCESS AUTOMATION (RPA) MARKET, BY APPLICATION
- 11.1 Application Summary
- 11.2 Market Attractive Index
- 11.3 Global Robotic Process Automation (RPA) Market, by Application (2019-2032)
- SECTION 12 - GLOBAL ROBOTIC PROCESS AUTOMATION (RPA) MARKET, BY GEOGRAPHY
- 12.1 Regional Summary
- 12.2 Market Attractive Index
- 12.3 Global Robotic Process Automation (RPA) Market, by Geography (2019-2032)
- SECTION 13 - NORTH AMERICA ROBOTIC PROCESS AUTOMATION (RPA) MARKET
- 13.1 North America Summary
- 13.2 Market Attractive Index
- 13.3 North America Robotic Process Automation (RPA) Market, by Type (2019-2032)
- 13.4 North America Robotic Process Automation (RPA) Market, by Deployment (2019-2032)
- 13.5 North America Robotic Process Automation (RPA) Market, by Organization Size (2019-2032)
- 13.6 North America Robotic Process Automation (RPA) Market, by Process (2019-2032)
- 13.7 North America Robotic Process Automation (RPA) Market, by Operations (2019-2032)
- 13.8 North America Robotic Process Automation (RPA) Market, by Application (2019-2032)
- 13.9 North America Robotic Process Automation (RPA) Market, by Country (2019-2032)
- 13.9.1 U.S.
- 13.9.2 Canada
- 13.9.3 Mexico
- 13.9.4 Rest of North America
- SECTION 14 - EUROPE ROBOTIC PROCESS AUTOMATION (RPA) MARKET
- 14.1 Europe Summary
- 14.2 Market Attractive Index
- 14.3 Europe Robotic Process Automation (RPA) Market, by Type (2019-2032)
- 14.4 Europe Robotic Process Automation (RPA) Market, by Deployment (2019-2032)
- 14.5 Europe Robotic Process Automation (RPA) Market, by Organization Size (2019-2032)
- 14.6 Europe Robotic Process Automation (RPA) Market, by Process (2019-2032)
- 14.7 Europe Robotic Process Automation (RPA) Market, by Operations (2019-2032)
- 14.8 Europe Robotic Process Automation (RPA) Market, by Application (2019-2032)
- 14.9 Europe Robotic Process Automation (RPA) Market, by Country (2019-2032)
- 14.9.1 Germany
- 14.9.2 U.K.
- 14.9.3 France
- 14.9.4 Italy
- 14.9.5 Spain
- 14.9.6 Russia
- 14.9.7 The Netherlands
- 14.9.8 Belgium
- 14.9.9 Turkey
- 14.9.10 Rest of Europe
- SECTION 15 - ASIA-PACIFIC ROBOTIC PROCESS AUTOMATION (RPA) MARKET
- 15.1 Asia-Pacific Summary
- 15.2 Market Attractive Index
- 15.3 Asia-Pacific Robotic Process Automation (RPA) Market, by Type (2019-2032)
- 15.4 Asia-Pacific Robotic Process Automation (RPA) Market, by Deployment (2019-2032)
- 15.5 Asia-Pacific Robotic Process Automation (RPA) Market, by Organization Size (2019-2032)
- 15.6 Asia-Pacific Robotic Process Automation (RPA) Market, by Process (2019-2032)
- 15.7 Asia-Pacific Robotic Process Automation (RPA) Market, by Operations (2019-2032)
- 15.8 Asia-Pacific Robotic Process Automation (RPA) Market, by Application (2019-2032)
- 15.9 Asia-Pacific Robotic Process Automation (RPA) Market, by Country (2019-2032)
- 15.9.1 China
- 15.9.2 India
- 15.9.3 Japan
- 15.9.4 South Korea
- 15.9.5 Singapore
- 15.9.6 Malaysia
- 15.9.7 Australia
- 15.9.8 Thailand
- 15.9.9 Philippines
- 15.9.10 Rest of Asia-Pacific
- SECTION 16 - SOUTH AMERICA ROBOTIC PROCESS AUTOMATION (RPA) MARKET
- 16.1 South America Summary
- 16.2 Market Attractive Index
- 16.3 South America Robotic Process Automation (RPA) Market, by Type (2019-2032)
- 16.4 South America Robotic Process Automation (RPA) Market, by Deployment (2019-2032)
- 16.5 South America Robotic Process Automation (RPA) Market, by Organization Size (2019-2032)
- 16.6 South America Robotic Process Automation (RPA) Market, by Process (2019-2032)
- 16.7 South America Robotic Process Automation (RPA) Market, by Operations (2019-2032)
- 16.8 South America Robotic Process Automation (RPA) Market, by Application (2019-2032)
- 16.9 South America Robotic Process Automation (RPA) Market, by Country (2019-2032)
- 16.9.1 Brazil
- 16.9.2 Argentina
- 16.9.3 Chile
- 16.9.4 Colombia
- 16.9.5 Rest of South America
- SECTION 17 - MIDDLE EAST AND AFRICA ROBOTIC PROCESS AUTOMATION (RPA) MARKET
- 17.1 Middle East and Africa Summary
- 17.2 Market Attractive Index
- 17.3 Middle East and Africa Robotic Process Automation (RPA) Market, by Type (2019-2032)
- 17.4 Middle East and Africa Robotic Process Automation (RPA) Market, by Deployment (2019-2032)
- 17.5 Middle East and Africa Robotic Process Automation (RPA) Market, by Organization Size (2019-2032)
- 17.6 Middle East and Africa Robotic Process Automation (RPA) Market, by Process (2019-2032)
- 17.7 Middle East and Africa Robotic Process Automation (RPA) Market, by Operations (2019-2032)
- 17.8 Middle East and Africa Robotic Process Automation (RPA) Market, by Application (2019-2032)
- 17.9 Middle East and Africa Robotic Process Automation (RPA) Market, by Country (2019-2032)
- 17.9.1 Kingdom of Saudi Arabia
- 17.9.2 South Africa
- 17.9.3 U.A.E.
- 17.9.4 Egypt
- 17.9.5 Rest of Middle East and Africa
- SECTION 18 - COMPANY SHARE ANALYSIS
- 18.1 Global Robotic Process Automation (RPA) Market, Company Share Analysis
- 18.2 North America Robotic Process Automation (RPA) Market, Company Share Analysis
- 18.3 Europe Robotic Process Automation (RPA) Market, Company Share Analysis
- 18.4 Asia-Pacific Robotic Process Automation (RPA) Market, Company Share Analysis
- SECTION 19 - COMPANY PROFILES
- 19.1 BlackLine Inc.
- 19.1.1 Company Snapshot
- 19.1.2 Financial Overview
- 19.1.3 Product Portfolio
- 19.1.4 Recent Developments
- 19.2 Automation Anywhere
- 19.2.1 Company Snapshot
- 19.2.2 Financial Overview
- 19.2.3 Product Portfolio
- 19.2.4 Recent Developments
- 19.3 FPT Software
- 19.3.1 Company Snapshot
- 19.3.2 Financial Overview
- 19.3.3 Product Portfolio
- 19.3.4 Recent Developments
- 19.4 Tungsten Automation Corporation
- 19.4.1 Company Snapshot
- 19.4.2 Financial Overview
- 19.4.3 Product Portfolio
- 19.4.4 Recent Developments
- 19.5 Microsoft
- 19.5.1 Company Snapshot
- 19.5.2 Financial Overview
- 19.5.3 Product Portfolio
- 19.5.4 Recent Developments
- 19.6 NICE
- 19.6.1 Company Snapshot
- 19.6.2 Financial Overview
- 19.6.3 Product Portfolio
- 19.6.4 Recent Developments
- 19.7 NTT Advanced Technology Corp.
- 19.7.1 Company Snapshot
- 19.7.2 Financial Overview
- 19.7.3 Product Portfolio
- 19.7.4 Recent Developments
- 19.8 OnviSource, Inc.
- 19.8.1 Company Snapshot
- 19.8.2 Financial Overview
- 19.8.3 Product Portfolio
- 19.8.4 Recent Developments
- 19.9 Pegasystems Inc.
- 19.9.1 Company Snapshot
- 19.9.2 Financial Overview
- 19.9.3 Product Portfolio
- 19.9.4 Recent Developments
- 19.10 SAP
- 19.10.1 Company Snapshot
- 19.10.2 Financial Overview
- 19.10.3 Product Portfolio
- 19.10.4 Recent Developments
- SECTION 20 - RELATED REPORTS
- SECTION 21 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.