Robotic Process Automation Market to Reach 4490 Million US$ by the End of 2025, with a CAGR of 12.4%: Robotic Process Automation to Develop Suitable Business
Global (United States, European Union and China) Robotic Process Automation Market Size, Status and Forecast 2018-2025
Pune, India -- (SBWire) -- 11/08/2018 --The robotic process automation market has been segmented on the basis of process, operations, type, application, industry, and region. The robotic process automation tools market held the largest market share on the back of the growing demand for tool-based robotic process automation. This is attributed to the structured data format in various organizations. Robotic process automation tools mainly work on the Optical Character Recognition (OCR), Optical Mark Recognition (OMR), text, audio, video, and other file formats. Records of the business processes are kept using these formats, so that they are easily recognizable by robotic process automation to develop suitable business processes by reducing human effort and time.
In 2017, the global Robotic Process Automation market size was 1760 million US$ and it is expected to reach 4490 million US$ by the end of 2025, with a CAGR of 12.4% during 2018-2025.
This report focuses on the global Robotic Process Automation status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Robotic Process Automation development in United States, Europe and China.
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The key players covered in this study
Atos SE
Automation Anywhere
Be Informed
Blue Prism Group Plc
Cicero
Cognizant Technology Solutions Corporation
Genfour
Genpact Ltd
Infosys Ltd
IPSoft
Jacada
Kofax Ltd
Market segment by Type, the product can be split into
Integration Technology
Independent Technology
Market segment by Application, split into
Financial Sector
Healthcare
Telecom & IT
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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The study objectives of this report are:
To analyze global Robotic Process Automation status, future forecast, growth opportunity, key market and key players.
To present the Robotic Process Automation development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Robotic Process Automation are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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