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IT Robotic Automation Market report categorizes the global market by Tools , by Services, by Operation, and by Geography- Global Trends and Forecast to 2025
IT Robotic Automation Market- Global Trends and Forecast to 2025
Robotic process automation is an application that offers computer software
configuration, which helps to capture and interpret the manipulated data,
transaction, processing responses, and create a communicating process with
other digital systems. The rising demand for advanced automation solutions in
various industries, especially in the IT industry due to increase in the working
speed of employees, has helped fuel growth of the IT robotic automation market
globally. The increasing demand for process automation in big data analytics is
a result of time effective extraction of insights, which in turn, fuels growth of
the global IT robotic process automation market. Moreover, the demand for
modernization of business processes has increased, owing to improvement in
productivity and increasing customer satisfaction thus, boosting the demand for
IT robotic automation solution.
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In addition, the increasing popularity of robotic automation in the IT industry
for process improvement, especially for accounting and financial management
has become a crucial factor fueling growth of the IT robotic automation market.
Moreover, the robotic automation tools is largely adopted by BPO services and
infrastructural management. IT robotic automation offers data integration, query
handling, payment processing, task allocation, and automating invoicing, which
help boost demand for IT robotic automation solutions in the IT industry, in
turn, fueling growth of the market.
IT Robotic Automation Market Taxonomy
On the basis of tool, the global IT robotic automation market is segmented into:
● Model-based application
● Process-based application
Among tools, the model-based application segment held a dominant position in
the market in 2016 and is projected to retain its dominance throughout the
forecast period. Due to increasing demand of customized model process
solution in various verticals have raised the demand of the model based
application
On the basis of services, the global IT robotic automation market is segmented
into:
● Professional services
○ Consulting
○ Integration and Development
○ BPO
● Training
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Among services, the professional services segment held a dominant position in
the market in 2016 and is projected to retain its dominance throughout the
forecast period. The training segment is projected to exhibit the largest CAGR
over the forecast period.
On the basis of operation, the global IT robotic automation market is segmented
into:
● Rule-based
● Knowledge-based
IT Robotic Automation Market Outlook – North America holds significant
market share
On the basis of geography, the global IT robotic automation market is
segmented into North America, Europe, Asia Pacific, Latin America, Middle
East, and Africa. North America holds a dominant position in the global market
and is projected to retain its dominance throughout the forecast period. The
rampant innovation in computing technology observed in the North American
region, is a major factor contributing to rapid growth of the market in the
region. Moreover, the increasing demand for IT and IT-related services have
helped increase the demand for IT robotic automation technology in the region.
Countries such as the U.S. and Canada observe the presence of major
companies. Similarly, Asia Pacific is projected to exhibit the highest CAGR
over the forecast period. India, China, and Japan are some of the major countries
in the region that help drive growth of the market for IT robotic automation. The
increasing government and private investment to develop IT-related
infrastructure, has also boosted growth of the IT robotic automation market in
Asia Pacific.
Key Players in the Global IT Robotic Automation Market
Xerox Corporation, Verint System Inc., Uipath SRL, Redwood Software,
Pegasystems Inc., Nice Systems Ltd., Ipsoft, Inc., Celaton Ltd., Blue Prism
PLC, and Automation Anywhere are some of the major players operating in the
global IT robotic automation market.
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apeksha motghare
apeksha motghare239   documents Email
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