The Robotic Process Automation Market growth would be augmented by the rising trend of incorporating enterprise resource planning (ERP) systems by organizations. Robotic process automation or RPA technology uses software robots or artificial intelligence (AI) to automate repetitive tasks and manual business processes. The integration of such technologies with existing business processes helps enterprises in enhancing the performances of employees and achieving the desired outcome.

global robotic process automation market size is projected to surpass US$23 billion by 2026. Increasing investments to expand the IT and telecom industry would accelerate the mass acquisition of robotic process automation software in organizations.

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Robotic process automation market software automates financial datasheet management, billing management, large-scale data process, and workflow management. The incorporation of RPS software provides a centralized platform to enterprises that control the overall business processes and helps to audit the information. Additionally, integrating market software with other digital technologies such as artificial intelligence (AI), machine learning and natural language processing will add up more value to business automation processes.

These enterprises focusing on introducing robotic process automation solutions lashed with artificial intelligence (AI) and machine learning (ML) to uplift their product portfolio and offer a wide array of applications to businesses across the globe. Companies are also eyeing to acquire small businesses to expand their capabilities and consolidate their global presence.

The ongoing crisis of the COVID-19 pandemic has hindered growth trends of the robotic process automation market owing to several restrictions imposed by the government on business operations. Companies across the globe were forced to opt for the work from home policy to curb the spread of coronavirus among employees, which incurred several losses to the organizations.

The Asia Pacific robotic process automation market is anticipated to experience substantial growth in the forthcoming years. The regional industry progression is majorly attributed to surging expenditure to enhance the IT and telecom sector and flourishing manufacturing and healthcare sectors.

Notable companies in the region are emphasizing on strategic collaboration and partnership with leading global players to render robotic process automation market software for healthcare and banking industries. For instance, the China Construction Bank in April 2018 inaugurated its Shanghai branch which is managed by AI-operated robots.

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Table of Content

Chapter 4   Competitive Landscape

4.1    Introduction

4.2    Company market share analysis, 2019

4.3    Key player analysis

Chapter 5   Robotic Process Automation Market, By Service

5.1    Key trends by service

5.2    Training & consulting services

5.2.1    Market estimates and forecast, 2016 – 2026

5.3    Professional services

5.3.1    Market estimates and forecast, 2016 – 2026

Chapter 6   By Tools

6.1    Key trends by tools

6.2    Model-based

6.2.1    Market estimates and forecast, 2016 - 2026

6.3    Process-based

6.3.1    Market estimates and forecast, 2016 – 2026

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