IT Robotic Automation - Global Market Trajectory & Analytics

Global IT Robotic Automation Market to Reach $9.6 Billion by 2027

Amid the COVID-19 crisis, the global market for IT Robotic Automation estimated at US$2 Billion in the year 2020, is projected to reach a revised size of US$9.6 Billion by 2027, growing at a CAGR of 25.3% over the period 2020-2027. Tools, one of the segments analyzed in the report, is projected to record 28.4% CAGR and reach US$4.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 22.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $595.9 Million, While China is Forecast to Grow at 24.5% CAGR

The IT Robotic Automation market in the U.S. is estimated at US$595.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2027 trailing a CAGR of 24.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 23.1% and 21.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17.3% CAGR.

Select Competitors (Total 44 Featured):

• Appian Corporation
• Atos SE
• Automation Anywhere, Inc.
• Be Informed B.V.
• Blue Prism Group Plc
• Capgemini SE
• Cognizant Technology Solutions Corporation
• Genpact Ltd.
• Infosys Ltd.
• IPsoft Inc.
• Sutherland Global Services, Inc.
• Tata Consultancy Services Ltd.
• Uipath Srl (Romania)