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Robotic Process Automation (RPA) Market Analysis By Services (Professional Services, Training Services), By Organization (Small And Medium, Large Enterprises), By Application (BFSI, Telecom & IT, Healthcare, Retail, Manufacturing) And Segment Forecasts To

Robotic Process Automation (RPA) Market Analysis By Services (Professional Services, Training Services), By Organization (Small And Medium, Large Enterprises), By Application (BFSI, Telecom & IT, Healthcare, Retail, Manufacturing) And Segment Forecasts To 2024

The global RPA market is expected to reach USD 8.75 billion by 2024, according to a new report by Grand View Research, Inc. RPA is maturing in terms of clarity, credibility and applicability, as organizations are increasingly implementing these solutions.

RPA is emerging as a disrupting technology with capabilities of providing benefits such as enhanced accuracy, compliance, cost saving and scalability. As these tools are 65% less expensive than the full-time employees, industry experts have been expecting RPA to disrupt the conventional Business Process Outsourcing (BPO) model and alter the global outsourcing industry.

The key difference between other automation methods and RPA is the approach used for completing the tasks carried by employees. RPA utilizes applications through a standard interface along with the deployment of software without modification to the applications or systems being automated.

The RPA software, despite being a new technology, is neither expensive nor complex as compared with other technologies. The financial sector is embracing RPA within the application industry, followed by healthcare and telecom & IT. The common denominators among these industries are the large volume of data entry and switching among various applications.

Further key findings from the report suggest:

The professional services segment is anticipated to grow at a CAGR of over 60% from 2016 to 2024. The growing demand for Business Process-as-a-Service (BPaaS) and is expected to provide growth opportunities.

Small and medium enterprise are expected to witness the highest CAGR owing to the growing need to reduce the operational cost and enhance efficiency

Healthcare accounted for over 11% market share in 2015. RPA solutions are increasingly adopted in the healthcare industry as the sector is requires labor-intensive activities and demands on patient rules along with ever increasing amount of data processing.

The North American robotic process automation market is anticipated to reach over USD 3.5 billion by 2024. This is owing to the increased penetration of automation and process management solutions among small and medium enterprises.

Latin America is expected to grow at a CAGR of over 52% over the forecast period. The region is embracing automation technologies and applications at a faster pace, owing to the rising RPA awareness.

The key players in the robotic process automation market include Blue Prism Group Plc, Automation Anywhere Inc., Jacada Inc., Be Informed B.V. and OpenSpan. The cooperation strategy within the ecosystem is enabling business process management service providers and technology integrators to enter into a licensing agreement with the RPA technology providers.


Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources
Chapter 2. Executive Summary
Chapter 3. Market Snapshot
3.1. RPA - Market snapshot & key buying criteria, 2014 - 2024
Chapter 4. RPA Industry Outlook
4.1. Market segmentation
4.2. RPA- Market size and growth prospects
4.3. RPA- Value chain analysis
4.4. RPA market dynamics
4.4.1. Market driver analysis
4.4.1.1. Need for reduced operational costs and increased efficiency
4.4.1.2. Growing demand for automation of business processes
4.4.2. Market restraint analysis
4.4.2.1. Rigidness of employees to switch from manual to automated process
4.5. Penetration & growth prospect mapping
4.6. Industry analysis - Porter's
4.7. RPA-Key company analysis, 2015
4.8. RPA market PESTEL analysis, 2015
Chapter 5. RPA Services Outlook
5.1. Professional services
5.1.1. Global market estimates and forecasts, 2014 - 2024
5.2. Training services
5.2.1. Global market estimates and forecasts, 2014 - 2024
Chapter 6. RPA Organization Outlook
6.1. Small and medium enterprises
6.1.1. Global market estimates and forecasts, 2014 - 2024
6.2. Large enterprises
6.2.1. Global market estimates and forecasts, 2014 - 2024
Chapter 7. RPA Application Outlook
7.1. BFSI
7.1.1. Global market estimates and forecasts, 2014 - 2024
7.2. Telecom/IT
7.2.1. Global market estimates and forecasts, 2014 - 2024
7.3. Healthcare
7.3.1. Global market estimates and forecasts, 2014 - 2024
7.4. Retail
7.4.1. Global market estimates and forecasts, 2014 - 2024
7.5. Manufacturing
7.5.1. Global market estimates and forecasts, 2014 - 2024
7.6. Others
7.6.1. Global market estimates and forecasts, 2014 - 2024
Chapter 8. RPA Regional Outlook
8.1. North America
8.1.1. RPA market by services, 2014 - 2024
8.1.2. RPA market by organization, 2014 - 2024
8.1.3. RPA market by application, 2014 - 2024
8.1.4. U.S.
8.1.4.1. RPA market by services, 2014 - 2024
8.1.4.2. RPA market by organization, 2014 - 2024
8.1.4.3. RPA market by application, 2014 - 2024
8.1.5. Canada
8.1.5.1. RPA market by services, 2014 - 2024
8.1.5.2. RPA market by organization, 2014 - 2024
8.1.5.3. RPA market by application, 2014 - 2024
8.2. Europe
8.2.1. RPA market by services, 2014 - 2024
8.2.2. RPA market by organization, 2014 - 2024
8.2.3. RPA market by application, 2014 - 2024
8.2.4. Germany
8.2.4.1. RPA market by services, 2014 - 2024
8.2.4.2. RPA market by organization, 2014 - 2024
8.2.4.3. RPA market by application, 2014 - 2024
8.2.5. U.K.
8.2.5.1. RPA market by services, 2014 - 2024
8.2.5.2. RPA market by organization, 2014 - 2024
8.2.5.3. RPA market by application, 2014 - 2024
8.3. Asia Pacific
8.3.1. RPA market by services, 2014 - 2024
8.3.2. RPA market by organization, 2014 - 2024
8.3.3. RPA market by application, 2014 - 2024
8.3.4. China
8.3.4.1. RPA market by services, 2014 - 2024
8.3.4.2. RPA market by organization, 2014 - 2024
8.3.4.3. RPA market by application, 2014 - 2024
8.3.5. India
8.3.5.1. RPA market by services, 2014 - 2024
8.3.5.2. RPA market by organization, 2014 - 2024
8.3.5.3. RPA market by application, 2014 - 2024
8.3.6. Japan
8.3.6.1. RPA market by services, 2014 - 2024
8.3.6.2. RPA market by organization, 2014 - 2024
8.3.6.3. RPA market by application, 2014 - 2024
8.4. Latin America
8.4.1. RPA market by services, 2014 - 2024
8.4.2. RPA market by organization, 2014 - 2024
8.4.3. RPA market by application, 2014 - 2024
8.4.4. Brazil
8.4.4.1. RPA market by services, 2014 - 2024
8.4.4.2. RPA market by organization, 2014 - 2024
8.4.4.3. RPA market by application, 2014 - 2024
8.5. MEA
8.5.1. RPA market by services, 2014 - 2024
8.5.2. RPA market by organization, 2014 - 2024
8.5.3. RPA market by application, 2014 - 2024
Chapter 9. Competitive Landscape
9.1. Atos SE
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Automation Anywhere Inc.
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. Be Informed B.V.
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Blue Prism Group Plc
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. Cicero Inc.
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Cognizant Technology Solutions Corporation
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Genfour
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Genpact Ltd.
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. Infosys Ltd
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. IPSoft Inc.
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
9.11. Jacada Inc.
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Strategic Initiatives
9.12. Kofax Ltd
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Strategic Initiatives
9.13. Kryon Systems
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Strategic Initiatives
9.14. OpenConnect Systems Inc.
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. Product Benchmarking
9.14.4. Strategic Initiatives
9.15. OpenSpan
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. Product Benchmarking
9.15.4. Strategic Initiatives
9.16. Sutherland Global Services
9.16.1. Company Overview
9.16.2. Financial Performance
9.16.3. Product Benchmarking
9.16.4. Strategic Initiatives
9.17. Thoughtonomy
9.17.1. Company Overview
9.17.2. Financial Performance
9.17.3. Product Benchmarking
9.17.4. Strategic Initiatives
9.18. UiPath
9.18.1. Company Overview
9.18.2. Financial Performance
9.18.3. Product Benchmarking
9.18.4. Strategic Initiatives
9.19. Verint Systems Inc.
9.19.1. Company Overview
9.19.2. Financial Performance
9.19.3. Product Benchmarking
9.19.4. Strategic Initiatives
List of Tables
1. Global RPAmarket, 2014 - 2024 (USD Million)
2. Global market estimates and forecasts by region, 2014 - 2024 (USD Million)
3. Global market estimates and forecasts by services, 2014 - 2024 (USD Million)
4. Global market estimates and forecasts by organization, 2014 - 2024 (USD Million)
5. Global market estimates and forecasts by application, 2014 - 2024 (USD Million)
6. Global professional services market by region, 2014 - 2024 (USD Million)
7. Global training services market by region, 2014 - 2024 (USD Million)
8. Global small and medium enterprises market by region, 2014 - 2024 (USD Million)
9. Global large enterprises market by region, 2014 - 2024 (USD Million)
10. Global BFSI market by region, 2014 - 2024 (USD Million)
11. Global telecom/IT market by region, 2014 - 2024 (USD Million)
12. Global healthcare market by region, 2014 - 2024 (USD Million)
13. Global retail market by region, 2014 - 2024 (USD Million)
14. Global manufacturing market by region, 2014 - 2024 (USD Million)
15. Global others market by region, 2014 - 2024 (USD Million)
16. North America market by services, 2014 - 2024 (USD Million)
17. North America market by organization, 2014 - 2024 (USD Million)
18. North America market by application, 2014 - 2024 (USD Million)
19. U.S. market by services, 2014 - 2024 (USD Million)
20. U.S. market by organization, 2014 - 2024 (USD Million)
21. U.S. market by application, 2014 - 2024 (USD Million)
22. Canada market by services, 2014 - 2024 (USD Million)
23. Canada market by organization, 2014 - 2024 (USD Million)
24. Canada market by application, 2014 - 2024 (USD Million)
25. Europe market by services, 2014 - 2024 (USD Million)
26. Europe market by organization, 2014 - 2024 (USD Million)
27. Europe market by application, 2014 - 2024 (USD Million)
28. Germany market by services, 2014 - 2024 (USD Million)
29. Germany market by organization, 2014 - 2024 (USD Million)
30. Germany market by application, 2014 - 2024 (USD Million)
31. U.K. market by services, 2014 - 2024 (USD Million)
32. U.K. market by organization, 2014 - 2024 (USD Million)
33. U.K. market by application, 2014 - 2024 (USD Million)
34. Asia Pacific market by services, 2014 - 2024 (USD Million)
35. Asia Pacific market by organization, 2014 - 2024 (USD Million)
36. Asia Pacific market by application, 2014 - 2024 (USD Million)
37. China market by services, 2014 - 2024 (USD Million)
38. China market by organization, 2014 - 2024 (USD Million)
39. China market by application, 2014 - 2024 (USD Million)
40. India market by services, 2014 - 2024 (USD Million)
41. India market by organization, 2014 - 2024 (USD Million)
42. India market by application, 2014 - 2024 (USD Million)
43. Japan market by services, 2014 - 2024 (USD Million)
44. Japan market by organization, 2014 - 2024 (USD Million)
45. Japan market by application, 2014 - 2024 (USD Million)
46. Latin America market by services, 2014 - 2024 (USD Million)
47. Latin America market by organization, 2014 - 2024 (USD Million)
48. Latin America market by application, 2014 - 2024 (USD Million)
49. Brazil market by services, 2014 - 2024 (USD Million)
50. Brazil market by organization, 2014 - 2024 (USD Million)
51. Brazil market by application, 2014 - 2024 (USD Million)
52. MEA market by services, 2014 - 2024 (USD Million)
53. MEA market by organization, 2014 - 2024 (USD Million)
54. MEA market by application, 2014 - 2024 (USD Million)
List of Figures
1. Market snapshot
2. Market segmentation
3. RPA - Market size and growth prospects
4. RPA - Value chain analysis
5. Stages of project automation
6. Evolution of automation
7. Market dynamics
8. Per year labor cost
9. Porter’s five force analysis
10. Penetration & growth prospect mapping
11. Company market share, 2015
12. RPA – PESTEL analysis
13. RPA market service outlook key takeaways
14. RPA market: Service movement analysis
15. Global professional services market, 2014 - 2024 (USD Million)
16. Global training services market, 2014 - 2024 (USD Million)
17. RPA market organization outlook key takeaways
18. RPA market: Organization movement analysis
19. Global small and medium enterprises market, 2014 - 2024 (USD Million)
20. Global large enterprises market, 2014 - 2024 (USD Million)
21. RPA market application outlook key takeaways
22. RPA market: Application movement analysis
23. Global BFSI market, 2014 - 2024 (USD Million)
24. Global telecom/IT market, 2014 - 2024 (USD Million)
25. Global healthcare market, 2014 - 2024 (USD Million)
26. Global retail market, 2014 - 2024 (USD Million)
27. Global manufacturing market, 2014 - 2024 (USD Million)
28. Global others market, 2014 - 2024 (USD Million)
29. Regional market place key takeaways
30. Regional outlook, 2015 & 2024

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