Product Code: A04032
Title:
Robotic Process Automation Market by Component (Software and Service), Deployment Model (On-Premise and Cloud), Organization Size (Large Enterprises and Small & Medium Sized Enterprises), and Industry Vertical (Manufacturing, BFSI, Healthcare & Pharmaceuticals, IT & Telecommunications, Retail & Consumer Goods, Government & Defense, Energy & Utilities, Transportation & Logistics, and Others), and Region: Global Opportunity Analysis and Industry Forecast, 2020-2027.
Robotic process automation (RPA) include the use of specialized computer programs or software with machine learning and artificial intelligence (AI) capabilities to automate and standardize high-volume and repeatable business processes tasks. This technology consists of software robots or bots that works across application user interfaces as well as mimics the actions that a human worker would perform, such as logging in & out of applications, open emails & attachments, scrape data from the web, copying & pasting data, extract structured & semi-structured data from documents, and filling out forms. It helps improve customer service in the front offices and reduces efforts in the back offices.
Rise in innovations in RPA to accommodate changing consumer demands and high adoption of RPA in the BFSI and healthcare sectors are the major factors that drives the growth of the robotic process automation market. In addition to this, the COVID-19 pandemic is disrupting lives of people and affecting performances across all the industries with the rise in demand for automation technology further driving the growth of the market. RPA is being adopted in organizations to mitigate disruption by enabling businesses to maintain customer support, stay connected across the systems and teams, and offer stability in times of uncertainty. However, higher implementation cost of the RPA system due to the integration of high-quality hardware with efficient software control system may hinder the market growth to some extent. On the contrary, digital businesses are expected to create significant revenue growth opportunities for the market.
The robotic process automation market is segmented on the basis of component, deployment model, organization size, industry vertical, and region. On the basis of component, it is categorized into software and services. On the basis of deployment model, it is classified into on-premise and cloud. By organization size, it is bifurcated into large enterprises and small & medium sized enterprises. On the basis of industry vertical, it is categorized into manufacturing, BFSI, healthcare & pharmaceuticals, IT & telecommunications, retail & consumer goods, government & defense, energy & utilities, transportation and logistics, and others (travel & hospitality, oil & gas, education, media & entertainment). Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The company profiles of robotic process automation market players included in this report are Automation Anywhere, Inc., Blue Prism, EdgeVerve Systems Limited, International Business Machines Corporation, IPsoft Inc., Kofax Inc., NICE Ltd., Pegasystems Inc., UiPath, and WorkFusion, Inc.
KEY BENEFITS FOR STAKEHOLDERS
- This study includes the robotic process automation market analysis, trends, and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities of the market.
- The robotic process automation market size is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the industry.
- Porter's five forces analysis illustrates the potency of buyers & suppliers in the robotic process automation market.
KEY MARKET SEGMENTS
BY COMPONENT
BY DEPLOYMENT MODEL
BY ORGANIZATION SIZE
- Large Enterprises
- Small & Medium Sized Enterprises
BY INDUSTRY VERTICAL
- Manufacturing
- Healthcare & Pharmaceuticals
- IT & Telecommunications
- Retail & Consumer Goods
- Government & Defense
- Energy & Utilities
- Transportation & Logistics
- Others
BY REGION
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS
- Automation Anywhere, Inc.
- Blue Prism
- EdgeVerve Systems Limited
- International Business Machines Corporation
- IPsoft Inc.
- Kofax Inc.
- NICE Ltd.
- Pegasystems Inc.
- UiPath
- WorkFusion, Inc.
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.REPORT DESCRIPTION
- 1.2.KEY BENEFITS FOR STAKEHOLDERS
- 1.3.KEY MARKET SEGMENTS
- 1.4.RESEARCH METHODOLOGY
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools & models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.KEY FINDINGS
- 2.1.1.Top impacting factors
- 2.1.2.Top investment pockets
- 2.2.CXO PERSPECTIVE
CHAPTER 3:MARKET OVERVIEW
- 3.1.MARKET DEFINITION AND SCOPE
- 3.2.PORTER'S FIVE FORCES ANALYSIS
- 3.2.1.Moderate-to-high bargaining power of suppliers
- 3.2.2.Moderate-to-high bargaining power of buyer
- 3.2.3.Moderate-to-high threat of substitutes
- 3.2.4.Low-to-high threat of new entrants
- 3.2.5.Low-to-high competitive rivalry
- 3.3.MARKET DYNAMICS
- 3.3.1.Drivers
- 3.3.1.1.Rise in demand for automation technology due to COVID-19
- 3.3.1.2.Growing innovations in RPA to accommodate changing consumer demands
- 3.3.1.3.High adoption of RPA in BFSI and healthcare sector
- 3.3.2.Restraints
- 3.3.2.1.High implementation cost
- 3.3.3.Opportunity
- 3.3.3.1.Digital businesses is expected to create significant revenue growth opportunities for the market growth
- 3.4.MARKET EVOLUTION/ INDUSTRY ROADMAP
- 3.5.PATENT ANALYSIS
- 3.5.1.By Region (2000-2020)
- 3.5.2.By Applicant
- 3.6.CASE STUDIES
- 3.6.1.Case Study 01
- 3.6.2.Case Study 02
- 3.7.COVID-19 IMPACT ANALYSIS ON ROBOTIC PROCESS AUTOMATION MARKET
- 3.7.1.Impact on market size
- 3.7.2.Economic impact
- 3.7.3.Strategies to tackle negative impact
- 3.7.4.Opportunity window
CHAPTER 4:ROBOTIC PROCESS AUTOMATION MARKET, BY COMPONENT
- 4.1.OVERVIEW
- 4.1.SOFTWARE
- 4.1.1.Key market trends, growth factors, and opportunities
- 4.1.2.Market size and forecast, by region
- 4.1.3.Market analysis, by country
- 4.2.SERVICE
- 4.2.1.Key market trends, growth factors, and opportunities
- 4.2.2.Market size and forecast, by region
- 4.2.3.Market analysis, by country
CHAPTER 5:ROBOTIC PROCESS AUTOMATION MARKET, BY DEPLOYMENT MODEL
- 5.1.OVERVIEW
- 5.1.ON-PREMISE
- 5.1.1.Key market trends, growth factors, and opportunities
- 5.1.2.Market size and forecast, by region
- 5.1.3.Market analysis, by country
- 5.1.CLOUD
- 5.1.1.Key market trends, growth factors, and opportunities
- 5.1.2.Market size and forecast, by region
- 5.1.3.Market analysis, by country
CHAPTER 6:ROBOTIC PROCESS AUTOMATION MARKET, BY ORGANIZATION SIZE
- 6.1.OVERVIEW
- 6.2.LARGE ENTERPRISES
- 6.2.1.Key market trends, growth factors, and opportunities
- 6.2.2.Market size and forecast, by region
- 6.2.3.Market analysis, by country
- 6.3.SMALL & MEDIUM SIZED ENTERPRISES
- 6.3.1.Key market trends, growth factors, and opportunities
- 6.3.2.Market size and forecast, by region
- 6.3.3.Market analysis, by country
CHAPTER 7:ROBOTIC PROCESS AUTOMATION MARKET, BY INDUSTRY VERTICAL
- 7.1.OVERVIEW
- 7.2.BFSI
- 7.2.1.Key market trends, growth factors, and opportunities
- 7.2.2.Market size and forecast, by region
- 7.2.3.Market analysis, by country
- 7.3.MANUFACTURING
- 7.3.1.Key market trends, growth factors, and opportunities
- 7.3.2.Market size and forecast, by region
- 7.3.3.Market analysis, by country
- 7.4.HEALTHCARE & PHARMACEUTICALS
- 7.4.1.Key market trends, growth factors, and opportunities
- 7.4.2.Market size and forecast, by region
- 7.4.3.Market analysis, by country
- 7.5.IT & TELECOMMUNICATIONS
- 7.5.1.Key market trends, growth factors, and opportunities
- 7.5.2.Market size and forecast, by region
- 7.6.RETAIL & CONSUMER GOODS
- 7.6.1.Key market trends, growth factors, and opportunities
- 7.6.2.Market size and forecast, by region
- 7.6.3.Market analysis, by country
- 7.7.GOVERNMENT & DEFENSE
- 7.7.1.Key market trends, growth factors, and opportunities
- 7.7.2.Market size and forecast, by region
- 7.7.3.Market analysis, by country
- 7.8.ENERGY & UTILITIES
- 7.8.1.Key market trends, growth factors, and opportunities
- 7.8.2.Market size and forecast, by region
- 7.8.3.Market analysis, by country
- 7.9.TRANSPORTATION AND LOGISTICS
- 7.9.1.Key market trends, growth factors, and opportunities
- 7.9.2.Market size and forecast, by region
- 7.9.3.Market analysis, by country
- 7.10.OTHERS
- 7.10.1.Key market trends, growth factors, and opportunities
- 7.10.2.Market size and forecast, by region
- 7.10.3.Market analysis, by country
CHAPTER 8:ROBOTIC PROCESS AUTOMATION MARKET, BY REGION
- 8.1.OVERVIEW
- 8.2.NORTH AMERICA
- 8.2.1.Key market trends, growth factors and opportunities
- 8.2.2.Market size and forecast, by component
- 8.2.3.Market size and forecast, by deployment model
- 8.2.4.Market size and forecast, by type
- 8.2.5.Market size and forecast, by industry vertical
- 8.2.6.Market analysis by country
- 8.2.6.1.U.S.
- 8.2.6.1.1.1.Market size and forecast, by component
- 8.2.6.1.1.2.Market size and forecast, by deployment model
- 8.2.6.1.1.3.Market size and forecast, by organization size
- 8.2.6.1.1.4.Market size and forecast, by industry vertical
- 8.2.6.2.Canada
- 8.2.6.2.1.1.Market size and forecast, by component
- 8.2.6.2.1.2.Market size and forecast, by deployment model
- 8.2.6.2.1.3.Market size and forecast, by organization size
- 8.2.6.2.1.4.Market size and forecast, by industry vertical
- 8.3.EUROPE
- 8.3.1.Key market trends, growth factors and opportunities
- 8.3.2.Market size and forecast, by component
- 8.3.3.Market size and forecast, by deployment model
- 8.3.4.Market size and forecast, by type
- 8.3.5.Market size and forecast, by industry vertical
- 8.3.6.Market analysis by country
- 8.3.6.1.UK
- 8.3.6.1.1.1.Market size and forecast, by component
- 8.3.6.1.1.2.Market size and forecast, by deployment model
- 8.3.6.1.1.3.Market size and forecast, by organization size
- 8.3.6.1.1.4.Market size and forecast, by industry vertical
- 8.3.6.2.Germany
- 8.3.6.2.1.1.Market size and forecast, by component
- 8.3.6.2.1.2.Market size and forecast, by deployment model
- 8.3.6.2.1.3.Market size and forecast, by organization size
- 8.3.6.2.1.4.Market size and forecast, by industry vertical
- 8.3.6.3.France
- 8.3.6.3.1.1.Market size and forecast, by component
- 8.3.6.3.1.2.Market size and forecast, by deployment model
- 8.3.6.3.1.3.Market size and forecast, by organization size
- 8.3.6.3.1.4.Market size and forecast, by industry vertical
- 8.3.6.4.Rest of Europe
- 8.3.6.4.1.1.Market size and forecast, by component
- 8.3.6.4.1.2.Market size and forecast, by deployment model
- 8.3.6.4.1.3.Market size and forecast, by organization size
- 8.3.6.4.1.4.Market size and forecast, by industry vertical
- 8.4.ASIA-PACIFIC
- 8.4.1.Key market trends, growth factors and opportunities
- 8.4.2.Market size and forecast, by component
- 8.4.3.Market size and forecast, by deployment model
- 8.4.4.Market size and forecast, by type
- 8.4.5.Market size and forecast, by industry vertical
- 8.4.6.Market analysis by country
- 8.4.6.1.Japan
- 8.4.6.1.1.1.Market size and forecast, by component
- 8.4.6.1.1.2.Market size and forecast, by deployment model
- 8.4.6.1.1.3.Market size and forecast, by organization size
- 8.4.6.1.1.4.Market size and forecast, by industry vertical
- 8.4.6.2.China
- 8.4.6.2.1.1.Market size and forecast, by component
- 8.4.6.2.1.2.Market size and forecast, by deployment model
- 8.4.6.2.1.3.Market size and forecast, by organization size
- 8.4.6.2.1.4.Market size and forecast, by industry vertical
- 8.4.6.3.India
- 8.4.6.3.1.1.Market size and forecast, by component
- 8.4.6.3.1.2.Market size and forecast, by deployment model
- 8.4.6.3.1.3.Market size and forecast, by organization size
- 8.4.6.3.1.4.Market size and forecast, by industry vertical
- 8.4.6.4.South Korea
- 8.4.6.4.1.1.Market size and forecast, by component
- 8.4.6.4.1.2.Market size and forecast, by deployment model
- 8.4.6.4.1.3.Market size and forecast, by organization size
- 8.4.6.4.1.4.Market size and forecast, by industry vertical
- 8.4.6.5.Rest of Asia-Pacific
- 8.4.6.5.1.1.Market size and forecast, by component
- 8.4.6.5.1.2.Market size and forecast, by deployment model
- 8.4.6.5.1.3.Market size and forecast, by organization size
- 8.4.6.5.1.4.Market size and forecast, by industry vertical
- 8.5.LAMEA
- 8.5.1.Key market trends, growth factors and opportunities
- 8.5.2.Market size and forecast, by component
- 8.5.3.Market size and forecast, by deployment model
- 8.5.4.Market size and forecast, by type
- 8.5.5.Market size and forecast, by industry vertical
- 8.5.6.Market analysis by country
- 8.5.6.1.Latin America
- 8.5.6.1.1.1.Market size and forecast, by component
- 8.5.6.1.1.2.Market size and forecast, by deployment model
- 8.5.6.1.1.3.Market size and forecast, by organization size
- 8.5.6.1.1.4.Market size and forecast, by industry vertical
- 8.5.6.2.Middle east
- 8.5.6.2.1.1.Market size and forecast, by component
- 8.5.6.2.1.2.Market size and forecast, by deployment model
- 8.5.6.2.1.3.Market size and forecast, by organization size
- 8.5.6.2.1.4.Market size and forecast, by industry vertical
- 8.5.6.3.Africa
- 8.5.6.3.1.1.Market size and forecast, by component
- 8.5.6.3.1.2.Market size and forecast, by deployment model
- 8.5.6.3.1.3.Market size and forecast, by organization size
- 8.5.6.3.1.4.Market size and forecast, by industry vertical
CHAPTER 9:COMPETITIVE LANDSCAPE
- 9.1.KEY PLAYER POSITIONING ANALYSIS, 2019
- 9.2.TOP WINNING STRATEGIES
- 9.3.COMPETITIVE DASHBOARD
- 9.4.KEY DEVELOPMENTS
- 9.4.1.New product launches
- 9.4.2.Product development
- 9.4.3.Collaboration
- 9.4.4.Acquisition
- 9.4.5.Partnership
CHAPTER 10:COMPANY PROFILE
- 10.1.AUTOMATION ANYWHERE, INC.
- 10.1.1.Company overview
- 10.1.2.Key executives
- 10.1.3.Company snapshot
- 10.1.4.Product portfolio
- 10.1.5.Key strategic moves and developments
- 10.2.BLUE PRISM
- 10.2.1.Company overview
- 10.2.2.Key executives
- 10.2.3.Company snapshot
- 10.2.4.Product portfolio
- 10.2.5.R&D expenditure
- 10.2.6.Business performance
- 10.2.7.Key strategic moves and developments
- 10.3.EDGEVERVE SYSTEMS LIMITED
- 10.3.1.Company overview
- 10.3.2.Key executives
- 10.3.3.Company snapshot
- 10.3.4.Operating business segments
- 10.3.5.Product portfolio
- 10.3.6.Business performance
- 10.3.7.Key strategic moves and developments
- 10.4.INTERNATIONAL BUSINESS MACHINES CORPORATION
- 10.4.1.Company overview
- 10.4.2.Key executives
- 10.4.3.Company snapshot
- 10.4.4.Operating business segments
- 10.4.5.Product portfolio
- 10.4.6.R&D expenditure
- 10.4.7.Business performance
- 10.4.8.Key strategic moves and developments
- 10.5.IPSOFT INC.
- 10.5.1.Company overview
- 10.5.2.Key executives
- 10.5.3.Company snapshot
- 10.5.4.Product portfolio
- 10.5.5.Key strategic moves and developments
- 10.6.KOFAX INC.
- 10.6.1.Company overview
- 10.6.2.Key executives
- 10.6.3.Company snapshot
- 10.6.4.Product portfolio
- 10.6.5.Key strategic moves and developments
- 10.7.NICE LTD.
- 10.7.1.Company overview
- 10.7.2.Key executives
- 10.7.3.Company snapshot
- 10.7.4.Operating business segments
- 10.7.5.Product portfolio
- 10.7.6.R&D expenditure
- 10.7.7.Business performance
- 10.7.8.Key strategic moves and developments
- 10.8.PEGASYSTEMS INC.
- 10.8.1.Company overview
- 10.8.2.Key executives
- 10.8.3.Company snapshot
- 10.8.4.Product portfolio
- 10.8.5.R&D expenditure
- 10.8.6.Business performance
- 10.8.7.Key strategic moves and developments
- 10.9.UIPATH
- 10.9.1.Company overview
- 10.9.2.Key executives
- 10.9.3.Company snapshot
- 10.9.4.Product portfolio
- 10.9.5.Key strategic moves and developments
- 10.10.WORKFUSION, INC.
- 10.10.1.Company overview
- 10.10.2.Key executives.
- 10.10.3.Company snapshot
- 10.10.4.Product portfolio
- 10.10.5.Key strategic moves and developments