The global RPA market is anticipated to grow at a significant CAGR of 31.6% during the forecast period. Cloud-based automation enables automation self-service, with intuitive drag-and-drop actions and visual flow charts empowering non-technical teams to automate on their own. Cloud RPA enables users to automate any process via a web-based interface accessed in their browser. The rising trend of cloud-based solutions is propelling the growth of the RPA market during the forecast period. For instance, in May 2022, UiPath introduced automation cloud robots alongside a wealth of other powerful new capabilities as a part of the UiPath 2022.4 platform release. The new SaaS robots along with added features that simplify how developers create automation, uplevel security, and governance, and expand access to automation to Mac deepen the reach of automation in the enterprise.
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The COVID-19 pandemic has caused waves of disruption for each industry in one way or another and forced players to prioritize digitalization. Robotic process automation solutions are proving to be a huge source of support for companies when they faced the Covid-19 crisis. Through the robotic process automation (RPA) solutions, the players proved to be a recession-proof savior for business continuity. Automation coupled with machine learning and artificial intelligence is enabling more sophisticated solutions across all industries which had created a huge demand for the robotic process automation market.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Robotic Process Automation Market Report Segment
By Type
- Software
- Services (consulting, Implementing, and Training)
By Deployment
- Cloud
- On-Premise
By Process
- Automated Solutions
- Decision Support & Management Solutions
- Interaction Solutions
By Application
- BFSI
- Healthcare
- Retail
- IT & Telecom
- Manufacturing & Logistics
- Others (Media, Education, Energy & Utilities, and Travel)
Global Robotic Process Automation Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global robotic process automation (RPA) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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