Global Robotic Process Automation (RPA) Market: Size, Trends & Forecasts

(2019-2023)

August 2019

Global Robotic Process Automation (RPA) Market: Coverage

Executive Summary and Scope

Introduction/Market Overview

Global Market Analysis

Regional Market Analysis

Dynamics

Competitive Landscape

Company Profiling

Global Robotic Process Automation (RPA) Market: Coverage

Attributes Details

Title Global Robotic Process Automation (RPA) Market : Size, Trends & Forecasts (2019-2023)

Coverage Global and Regional

Regional Coverage Americas, EMEA and APAC

Market Influencing Variables Growth Drivers, Challenges, Market Trends

Forecast Period of Market 2019-2023

Competition in the Market Fragmented

Key Players NICE System Ltd., Pegasystems Inc., Blue Prism Group PLC and Automation Anywhere Inc.

Scope of the Report

Global Robotic Process Automation (RPA) Market

Robotic process automation (RPA) is a software, which can be programmed to perform numerous tasks such as manipulation of data,process automation etc. At the initial stage RPA system imitates human interventions which interact with internal information technologysystems. The technology is a non-invasive application which requires minimal integration with the recent software setup of theorganization and helps to make the company’s operation productive and efficient.

The robotic process automation is performed with the help of bots or software robots, which simulates the action of the end-user by the useof rule based logic. The bots developed for the robotic process automation application consist of action bots, UI bots and capture bots.

The robotic process automation platform provides functional and operational attributes. Functional attributes include virtual integration,real-time auditability, high alertness and simple & easy to design. Whereas, operational attributes comprise of robot training, resilience,execution, compliance and many more.

The global robotic process automation market has perceived progressive growth in the past few years and projections are made that in theforecasted period (2019-2023) the market would propel at a budding growth rate. The global robotic process automation market would besupported by the growth drivers such as increasing demand for process automation, rise in adoption of robotic technology, growth inhealthcare automation, emerging industrial robotics, increasing financial robo-advisors etc.

However, the growth of global robotic process automation market is being hindered by numerous challenges. Some of the foremostchallenges faced by the market are frequent changes in business rules & operating procedures, lack of required support & skilled resourcesand infrastructure issues.

Executive Summary

Robotic Process Automation (RPA) Market: Global Analysis

Global Robotic Process Automation (RPA) Market by Value

The global robotic process automation (RPA) market, valued at US$.... billion in 2018. The global market is anticipated to reach up to US$... billion by 2023 from US$... billion in 2019 at a CAGR of xx%.

CAGRs

2019-2023 xx%

2018 2019 2020 2021 2022 2023

US

$ B

illio

n

Robotic Process Automation (RPA) Market: Global Analysis

Global Robotic Process Automation (RPA) Market by Operation; 2019 Operation Share

Rule Based xx%

Knowledge Based xx%

Global Robotic Process Automation (RPA) Market by Region; 2019

Region Share

Americas xx%

EMEA xx%

APAC xx%

Robotic Process Automation (RPA) Market: Operation Analysis

Global Rule Based Robotic Process Automation Market by Value

Global Knowledge Based Robotic Process Automation Market by Value

Operation CAGRs

Rule Based xx%

Knowledge Based xx%

2018 2019 2020 2021 2022 2023

US

$ B

illio

n

2018 2019 2020 2021 2022 2023

US

$ M

illio

n

Robotic Process Automation (RPA) Market: Regional Analysis

Americas Robotic Process Automation (RPA) Market by Value

EMEA Robotic Process Automation (RPA) Market by Value

APAC Robotic Process Automation (RPA) Market by Value

Regions CAGR

2019-2023

Americas xx%

EMEA xx%

APAC xx%

2018 2019 2020 2021 2022 2023

US

$ M

illio

n

2018 2019 2020 2021 2022 2023

US

$ M

illio

n2018 2019 2020 2021 2022 2023

US

$ M

illio

n

Robotic Process Automation (RPA) Market: Dynamics

Growth Driver

•Increasing Demand for Process Automation

•Rise in Adoption of Robotic Technology

Challenges

•Frequent Changes in Business Rules and Operating Procedures

•Lack of Required Support and Skilled Resources

Market Trends

•Growth in Artificial Intelligence Technology

•Growth in Chatbot Technology

Robotic Process Automation (RPA) Market: Competitive Landscape

• NICE System Ltd.

• Pegasystems Inc.

• Blue Prism Group PLC

• Automation Anywhere Inc.

Players Profiled

Note: The graphs on this slide are only for sample representation.