North America It Robotics Automation Market Forecast 2017-2025
KEY FINDINGS The market for IT robotics in North America is expected to evolve by 2025 to $18252.8 million from $240.8 million in 2016. The growth of the market is expected with the CAGR of 62.90%. The deliberated base year for the market study is 2016. North America region dominates the global IT robotics automation market in terms of market share. Increased efficiency over manual processes, improved scalability, and cost benefits are few of the factors propelling the development in the North America region.
MARKET INSIGHTS The IT robotics automation market is segmented on the basis of technology, service, tools, and geography. The IT robotic automation by service can be further classified as application management, infrastructure management and training services, and professional. The IT robotics automation market by tools is sub divided into model based application tools and process based application tools. Professional services market is further bifurcated into consultation, integration and development and BPO. Varied technologies utilized for robotic IT automation are IVR systems, remote infrastructure management, back office data driven processes, digital detection, voice recognition market, internet services and retail providers. Due to the increased demand for robotic automation of application management, request management, infrastructure management, access management, and others in the IT sector, the Process based application tools is expected to growth highest in the forecast period.
COMPETITIVE INSIGHTS Major companies mentioned in the North America IT robotics automation market report are Hitachi, Genpact Inc., Appian Corporation, Blue Prism, Tata Consultancy Services Limited (TCS), Google Inc., IPsoft, Inc., GE, Toshiba, and Be Informed B.V.