Global Robotic Process Automation Market 2017-2021

  • ID: 4416697
  • Report
  • Region: Global
  • 93 pages
  • TechNavio
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FEATURED COMPANIES

  • Accenture
  • Blue Prism
  • Deloitte
  • IBM
  • Kryon Systems
  • Redwood
  • MORE
About Robotic Process Automation

The robotic process automation is defined as an automated system that can carry out rule-based and repetitive tasks without human intervention. RPA has an advantage of an automatic and regular software update that is carried out to prevent any delays in the execution of business processes. Business operations that are labor-intensive, require on-shore and off-shore man-power, regular training related to advanced models, and deputations of skilled manpower in business areas where robotic process automation software is implemented to optimize the cost.

The analysts forecast the global robotic process automation market to grow at a CAGR of 25.19% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global robotic process automation market for 2017-2021. To calculate the market size, the report considers the installation of RPA software, maintenance and services in the case of operating system breakdown, and reinstallation of RPA software.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Robotic Process Automation Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Accenture
  • Cognizant
  • Deloitte
  • IBM
Other prominent vendors
  • Automation Anywhere
  • Blue Prism
  • EdgeVerve Systems (Part of Infosys)
  • EnableSoft
  • Kofax
  • Kryon Systems
  • NICE
  • Redwood
  • Softomotive
  • THOUGHTONOMY
  • UiPath
  • WorkFusion
Market drivers
  • Improved cost savings for businesses
  • For a full, detailed list, view the full report
Market challenges
  • Subscription cost of robotic process automation software
  • For a full, detailed list, view the full report
Market trends
  • Emerging trends in business process transformation
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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FEATURED COMPANIES

  • Accenture
  • Blue Prism
  • Deloitte
  • IBM
  • Kryon Systems
  • Redwood
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market overview
  • Global robotic process automation market
  • Five forces analysis
PART 06: MARKET SEGMENTATION BY END-USER
  • Market overview
  • Global robotic process automation in banking and financial services industry
  • Global robotic process automation in IT/ITES industry
  • Global robotic process automation in telecom industry
  • Global robotic process automation in logistics industry
  • Global robotic process automation in manufacturing industry
  • Global robotic process automation in healthcare industry
PART 07: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Robotic process automation market in Americas
  • Robotic process automation in US
  • Robotic process automation in Canada
  • Robotic process automation in Mexico
  • Robotic process automation market in EMEA
  • Robotic process automation in Germany
  • Robotic process automation in UK
  • Robotic process automation in France
  • Robotic process automation market in APAC
  • Robotic process automation in China
  • Robotic process automation in Japan
  • Robotic process automation in Singapore
  • Market opportunity
PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Emerging trends in business process transformation
  • Digitizing business processes
  • Standardization of service delivery
PART 11: VENDOR LANDSCAPE
  • Competition overview
  • Other prominent vendors
PART 12: KEY VENDOR ANALYSIS
  • Accenture
  • Cognizant
  • Deloitte
  • IBM
PART 13: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Objectives of robotic process automation
Exhibit 02: Global robotic process automation market
Exhibit 03: Cost-benefit analysis of robotic process automation and manual business process management
Exhibit 04: Global robotic process automation market 2016-2021 ($ millions)
Exhibit 05: Major benefits attained through RPA implementation
Exhibit 06: Five forces analysis
Exhibit 07: Global robotic process automation market by end-user 2016 (% revenue)
Exhibit 08: Global robotic process automation market in banking and financial services industry 2016-2021 ($ millions)
Exhibit 09: Global robotic process automation market in banking and financial services industry- Year-over-year growth 2017-2021
Exhibit 10: Opportunities for RPA in banking and financial services industry
Exhibit 11: Global robotic process automation market in IT/ITES industry 2016-2021 ($ millions)
Exhibit 12: Global robotic process automation market in IT/ITES industry– Year-over-year growth 2017-2021
Exhibit 13: Opportunities for RPA in IT/ITES industry
Exhibit 14: Global robotic process automation market in telecom industry 2016-2021 ($ millions)
Exhibit 15: Global robotic process automation market in telecom industry– Year-over-year growth 2017-2021
Exhibit 16: Opportunities for RPA in telecom industry
Exhibit 17: Global robotic process automation market in logistics industry 2016-2021 ($ millions)
Exhibit 18: Global robotic process automation market in logistics industry- Year-over-year growth 2017-2021
Exhibit 19: Opportunities for RPA in logistics industry
Exhibit 20: Global robotic process automation market in manufacturing industry 2016-2021 ($ millions)
Exhibit 21: Global robotic process automation market in manufacturing industry- Year-over-year growth 2017-2021
Exhibit 22: Opportunities for RPA in manufacturing industry
Exhibit 23: Global robotic process automation market in healthcare industry 2016-2021 ($ millions)
Exhibit 24: Global robotic process automation market in healthcare industry– Year-over-year growth 2017-2021
Exhibit 25: Opportunities for RPA in healthcare industry
Exhibit 26: Geographical segmentation
Exhibit 27: Regional comparison
Exhibit 28: Americas – Market size and forecast
Exhibit 29: Americas – Year-over-year growth
Exhibit 30: Top 3 countries in Americas
Exhibit 31: EMEA – Market size and forecast
Exhibit 32: EMEA – Year-over-year growth
Exhibit 33: Top 3 countries in EMEA
Exhibit 34: APAC – Market size and forecast
Exhibit 35: APAC – Year-over-year growth
Exhibit 36: Top 3 countries in APAC
Exhibit 37: Vendor's capabilities taken into consideration before RPA implementation
Exhibit 38: Impact of competitors on global robotic process automation market 2016 and 2021
Exhibit 39: Other prominent vendors
Exhibit 40: Accenture business overview
Exhibit 41: Recent developments
Exhibit 42: Industry expertise
Exhibit 43: Recent development
Exhibit 44: Recent developments
Exhibit 45: Recent developments
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FEATURED COMPANIES

  • Accenture
  • Blue Prism
  • Deloitte
  • IBM
  • Kryon Systems
  • Redwood
  • MORE
New Report Released: – Global Robotic Process Automation Market 2017-2021

The author of the report recognizes the following companies as the key players in the global robotic process automation market: Accenture, Cognizant, Deloitte, and IBM

Other Prominent Vendors in the market are: Automation Anywhere, Blue Prism, EdgeVerve Systems (Part of Infosys), EnableSoft, Kofax, Kryon Systems, NICE, Redwood, Softomotive, THOUGHTONOMY, UiPath, and WorkFusion.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Emerging trends in business process transformation. Presently, businesses are focused on more client-centric processes rather being fixated only about productivity and generating profits. Therefore, there have been changes witnessed in the way the businesses are operating. The primary focus of industries is to reduce human error that is mostly due to the judgment based decisions and approaches. To phase out such errors from business operations, industries are now adopting robotic process automation solution. Few features identified that are now a trend in business operations as industries are more vigilant and focused on quality.”

According to the report, one of the major drivers for this market is Improved cost savings for businesses. Robotic process automation is a cost-effective software that allows industries to reduce the operational cost. For business processes that are highly standardized and to be adhered as per the industry and company policies, the RPA is incorporated at different levels. Industries are focused on optimizing operational cost that includes the reduction of manual labor. The implementation of RPA is a one-time investment and ensures a high return on investments.

Further, the report states that one of the major factors hindering the growth of this market is Subscription cost of robotic process automation software. Industries are working on different pricing models that involve various ways of employee hiring and revenue generation. The implementation of RPA software is incorporated to reduce the manpower and generate error-proof data. The implementation of RPA software involves the price quoted by the third-party vendor for RPA. Therefore, the subscription of RPA involves scheduled software updates and maintenance and pricing of RPA based on the business model implementation. Before entering a contract, several regulatory terms and conditions need to be settled between the end-user and software provider, which at times can increase the subscription cost or the cost incurred in design and development. In the case of conflict, the subscription negotiation will have to be renewed or the business model has to be changed. Both the processes are time-intensive and would lead to downtime, ultimately affecting the business process and productivity.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Accenture
  • Cognizant
  • Deloitte
  • IBM
  • Automation Anywhere
  • Blue Prism
  • EdgeVerve Systems (Part of Infosys)
  • EnableSoft
  • Kofax
  • Kryon Systems
  • NICE
  • Redwood
  • Softomotive
  • THOUGHTONOMY
  • UiPath
  • WorkFusion
Note: Product cover images may vary from those shown
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