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Global Robotic Process Automation (RPA) Market: Size, Trends & Forecasts (2019-2023)

Global Robotic Process Automation (RPA) Market: Size, Trends & Forecasts (2019-2023)

Scope of the Report

The report entitled “Global Robotic Process Automation (RPA) Market: Size, Trends & Forecasts (2019-2023)”, provides in-depth analysis of the global robotic process automation, with detailed analysis of market size and growth. The report provides analysis of the robotic process automation market by value, by operation, by solution, by type and by region. The report further provides detailed regional analysis of the global robotic process automation market by value.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global robotic process automation has also been forecasted for the years 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the robotic process automation market are NICE System Ltd., Pegasystems Inc., Blue Prism Group PLC and Automation Anywhere Inc. The four companies have been profiled in the report providing detailed analysis of their financial information and business strategies.

Region Coverage

Americas
EMEA
APAC

Company Coverage

NICE System Ltd.
Pegasystems Inc.
Blue Prism Group PLC
Automation Anywhere Inc.

Executive Summary

Robotic process automation (RPA) is a software, which can be programmed to perform numerous tasks such as manipulation of data, process automation etc. At the initial stage RPA system imitates human interventions which interact with internal information technology systems. The technology is a non-invasive application which requires minimal integration with the recent software setup of the organization and helps to make the company’s operation productive and efficient.

The robotic process automation is performed with the help of bots or software robots, which simulates the action of the end-user by the use of rule based logic. The bots developed for the robotic process automation application consist of action bots, UI bots and capture bots.

The robotic process automation platform provides functional and operational attributes. Functional attributes include virtual integration, real-time auditability, high alertness and simple & easy to design. Whereas, operational attributes comprise of robot training, resilience, execution, compliance and many more.

The global robotic process automation market has perceived progressive growth in the past few years and projections are made that in the forecasted period (2019-2023) the market would propel at a budding growth rate. The global robotic process automation market would be supported by the growth drivers such as increasing demand for process automation, rise in adoption of robotic technology, growth in healthcare automation, emerging industrial robotics, increasing financial robo-advisors etc.

However, the growth of global robotic process automation market is being hindered by numerous challenges. Some of the foremost challenges faced by the market are frequent changes in business rules & operating procedures, lack of required support & skilled resources and infrastructure issues.


1. Executive Summary
2. Introduction
2.1 Robotic Process Automation: An Overview
2.1.1 Classification of Robotic Process Automation (RPA) Technology
Table 1: Classification of Robotic Process Automation (RPA) Technology
2.2 Process of Robotic Process Automation: An Overview
Table 2: Bots Developed for RPA Application
2.3 Functional Attributes of RPA Platform: An Overview
Table 3: Functional Attributes of RPA Platform
2.4 Operational Attributes of RPA Platforms: An Overview
Table 4: Operational Attributes of RPA Platforms
2.5 Difference between Robotic Process Automation & Traditional Process Automation: An Overview
Table 5: Difference between Robotic Process Automation & Traditional Process Automation
2.6 Advantages and Disadvantages of Robotic Process Automation
Table 6: Advantages and Disadvantages of Robotic Process Automation
3. Global Market Analysis
3.1 Global Robotic Process Automation Market: An Analysis
3.1.1 Global Robotic Process Automation Market by Value
Table 7: Global Robotic Process Automation Market by Value; 2018-2023 (US$ Billion)
3.1.2 Global Robotic Process Automation Market by Operation (Rule Based and Knowledge Based)
Table 8: Global Robotic Process Automation Market by Operation; 2018 (Percentage, %)
3.1.3 Global Robotic Process Automation Market by Solution (Automated Solution, Interaction Solution, Decision Support & Management Solution and Other Solution)
Table 9: Global Robotic Process Automation Market by Solution; 2018 (Percentage, %)
3.1.4 Global Robotic Process Automation Market by Type (Services and Software)
Table 10: Global Robotic Process Automation Market by Type; 2018 (Percentage, %)
3.1.5 Global Robotic Process Automation Market by Region (Americas, EMEA and APAC)
Table 11: Global Robotic Process Automation Market by Region; 2018 (Percentage, %)
3.2 Global Robotic Process Automation Market: Operation Analysis
3.2.1 Global Rule Based Robotic Process Automation Market by Value
Table 12: Global Rule Based Robotic Process Automation Market by Value; 2018-2023 (US$ Billion)
3.2.2 Global Knowledge Based Robotic Process Automation Market by Value
Table 13: Global Knowledge Based Robotic Process Automation Market by Value; 2018-2023 (US$ Million)
3.3 Global Robotic Process Automation Market: Solution Analysis
3.3.1 Global Automated Robotic Process Automation Solution Market by Value
Table 14: Global Automated Robotic Process Automation Solution Market by Value; 2018-2023 (US$ Million)
3.3.2 Global Decision Support & Management Robotic Process Automation Solution Market by Value
Table 15: Global Decision Support & Management Robotic Process Automation Solution Market by Value; 2018-2023 (US$ Million)
3.3.3 Global Interaction Robotic Process Automation Market by Value
Table 16: Global Interaction Robotic Process Automation Market by Value; 2018-2023 (US$ Million)
3.3.4 Global Other Robotic Process Automation Solution Market by Value
Table 17: Global Other Robotic Process Automation Solution Market by Value; 2018-2023 (US$ Million)
3.4 Global Robotic Process Automation Market: Type Analysis
3.4.1 Global Robotic Process Automation Software Market by Value
Table 18: Global Robotic Process Automation Software Market by Value; 2018-2023 (US$ Million)
3.4.2 Global Robotic Process Automation Services Market by Value
Table 19: Global Robotic Process Automation Services Market by Value; 2018-2023 (US$ Billion)
4. Regional Market Analysis
4.1 Americas Robotic Process Automation Market: An Analysis
4.1.1 Americas Robotic Process Automation Market by Value
Table 20: Americas Robotic Process Automation Market by Value; 2018-2023 (US$ Million)
4.2 EMEA Robotic Process Automation Market: An Analysis
4.2.1 EMEA Robotic Process Automation Market by Value
Table 21: EMEA Robotic Process Automation Market by Value; 2018-2023 (US$ Million)
4.3 APAC Robotic Process Automation Market: An Analysis
4.3.1 APAC Robotic Process Automation Market by Value Table 22: APAC Robotic Process Automation Market by Value; 2018-2023 (US$ Million)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increasing Demand for Process Automation
Table 23: Global Number of Process Automation Devices; 2014-2018 (Thousand)
5.1.2 Rise in Adoption of Robotic Technology
Table 24: Global Number of Robotic Products Shipment; 2012-2019 (Million)
5.1.3 Growth in Healthcare Automation
Table 25: Global Healthcare Robotics Shipment; 2017-2021 (Thousand)
5.1.4 Emerging Industrial Robotics
Table 26: Global Supply of Operational Industrial Robotic; 2016-2020 (Thousand)
5.1.5 Increasing Adoption of Robotic Process Automation in Financial Sector
Table 27: Global Assets Under Management by Robo-Advisors; 2015-2020 (US$ Trillion)
5.2 Challenges
5.2.1 Frequent Changes in Business Rules and Operating Procedures
5.2.2 Lack of Required Support and Skilled Resources
5.2.3 Infrastructure Issues
5.3 Market Trends
5.3.1 Growth in Artificial Intelligence Technology
Table 28: Global Artificial Intelligence Market Revenue; 2017-2025 (US$ Billion)
5.3.2 Growth in Chatbot Technology
Table 29: Global Chatbot Market Revenue; 2017-2023 (US$ Billion)
5.3.3 Rise in Customer Relationship Management (CRM)
Table 30: Global Customer Relationship Management (CRM) Market Revenue; 2017-2022 (US$ Billion)
5.3.4 Increasing Enterprise Resource Planning (ERP)
Table 31: Global Enterprise Resource Planning (ERP) Market Revenue; 2018-2023 (US$ Billion)
6. Competitive Landscape
6.1 Global Robotic Process Automation Market Players: A Financial Comparison
Table 32: Global Robotic Process Automation Market Players: A Financial Comparison; 2018
6.2 Global Robotic Process Automation Market Players’ by Research & Development Expenditure
Table 33: Global Robotic Process Automation Market Player by Research & Development Expenditure; 2017-2018 (US$ Million)
7. Company Profiles
7.1 Blue Prism Group PLC
7.1.1 Business Overview
7.1.2 Financial Overview
Table 34: Blue Prism Group PLC Revenue; 2014-2018 (US$ Million)
Table 35: Blue Prism Group PLC Revenue by Segment; 2018 (Percentage, %)
Table 36: Blue Prism Group PLC Revenue by Region; 2018 (Percentage, %)
7.1.3 Business Strategy
7.2 NICE System Ltd.
7.2.1 Business Overview
7.2.2 Financial Overview
Table 37: NICE System Ltd. Revenue; 2014-2018 (US$ Billion)
Table 38: NICE System Ltd. Revenue by Segment; 2018 (Percentage, %)
Table 39: NICE System Ltd. Revenue by Region; 2018 (Percentage, %)
7.2.3 Business Strategy
7.3 Pegasystems Inc.
7.3.1 Business Overview
7.3.2 Financial Overview
Table 40: Pegasystems Inc. Revenue; 2014-2018 (US$ Million)
Table 41: Pegasystems Inc. Revenue by Segment; 2018 (Percentage, %)
Table 42: Pegasystems Inc. Revenue by Region; 2018 (Percentage, %)
7.3.3 Business Strategy
7.4 Automation Anywhere Inc.
7.4.1 Business Overview
Table 43: Automation Anywhere Product Portfolio
7.4.2 Business Strategy

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