Sunday, August, 25, 2019 10:42:01

The ‘Robotic Process Automation market’ research added by Market Study Report, LLC, is essentially an exhaustive review of present and future trends of this business sphere. The report also collates a concise outline of industry share contenders, market share, market size in terms of value and volume, distribution channel, and geographical spectrum along with revenue predictions of the industry landscape.

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RPA is among the most revolutionary outcome of enterprise technologies introduced in past few years, catapulting the changes in the business ecosystem by stimulating productivity at deprived cost. In order to implement this software efficiently into an organization’s system, the exclusive services offered by the RPA service providers play a vital role. The services for RPA market are being broadly categorized into Training and Knowledge services and Professional services. The professional services further include consulting, integration & development and support & maintenance. Whereas, the training services are the one directed towards skill enhancement of the organizations using or willing to use the software.

For the coming years, the market is anticipated to enter into the new category of software vendors, who would be developing advanced analytics and data mining capabilities. This would further extend the scope of automation across more multifaceted processes and allow automation of processes, with variable degrees of unstructured data/ content. These unstructured data/content would include freeform emails. The net impact of burgeoning autonomics in industries will endure cannibalizing labor arbitrage benefits from off-shoring of processes, which would further result into increased consideration towards in-sourcing strategy.

The global RPA market for the verticals is fragmented into BFSI, Telecommunications, retail, healthcare, transportation & logistics and others. The segmentation is based upon the need for RPA to improve back end and front end business processes. Telecommunications and BFSI cumulatively in the RPA market have acquired the biggest share of almost one-fourth in 2017, followed by Transportation & logistics and healthcare. Telecommunications, particularly the BPOs are the early adopters of RPA. The increase in the demand for the global network the telecom industry is facing many challenges in providing the advanced services to its customers. The issues faced by various companies are handling a huge data, developing new and advanced services, controlling cost, and focusing on business efficiency; which may hinder the company’s operation, profitability, and focus on the customer.

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The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, the primary interview was conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the RPA industry.

TABLE OF CONTENTS
1. INTRODUCTION 13
1.1 SCOPE OF THE STUDY 13
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 13
2. KEY TAKEAWAYS 14
3. RPA MARKET LANDSCAPE 16
3.1 MARKET OVERVIEW 16
3.2 MARKET SEGMENTATION 17
3.2.1 RPA Market – By Component 18
3.2.2 RPA Market – By Services 18
3.2.3 RPA Market – By Vertical 19
3.2.4 RPA Market – By Geography 19
3.3 PEST ANALYSIS 20
3.3.1 North America PEST Analysis 20
3.3.2 Europe PEST Analysis 22
3.3.3 Asia Pacific PEST Analysis 24
3.3.4 Middle East & Africa PEST Analysis 26
3.3.5 South America PEST Analysis 28
4. RPA MARKET – KEY INDUSTRY DYNAMICS 30
4.1 DRIVERS 30
4.1.1 Increased opportunities arising at the early stage within the BPO & shared services 30
4.1.2 Cost benefits offered by RPA is a key factor attracting the buyers in the market 30
4.1.3 Product innovation by the technology providers is driving great interest from the
myriad end-user industries 31
4.2 RESTRAINT 31
4.2.1 Frequent alterations in operating procedures and business rules impacting the
RPA efficiency 31
4.2.2 Lack of impactful potential for SMBs (Small and Medium Businesses) 31
4.3 OPPORTUNITY 32
4.3.1 Cognitive RPA is anticipated to generate noteworthy growth opportunities in the
coming years 32
4.4 FUTURE TRENDS 32
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 33
5. RPA MARKET – GLOBAL MARKET ANALYSIS 34
5.1.1 Robotic Process Automation Global Market Overview 34
5.1.2 RPA – Global Market and Forecast Analysis 34
6. RPA MARKET ANALYSIS – BY COMPONENTS 36
6.1 OVERVIEW 36
6.2 COMPONENTS MARKET FORECAST AND ANALYSIS 36
6.3 SOFTWARE MARKET 37
6.3.1 Overview 37
6.3.2 Software Market forecast and analysis 37
6.4 SERVICE MARKET 38
6.4.1 Overview 38
6.4.2 Service market forecast and analysis 38
6.4.3 Training Services 39
6.4.3.1 Overview 39
6.4.3.2 Training Services Market Forecast & Analysis 39
6.4.4 Professional Services 40
6.4.4.1 Overview 40
6.4.4.2 Professional Services Market Forecast & Analysis 40
6.4.4.2.1 Consulting Services Market Forecast & Analysis 41
6.4.4.2.2 Integration & Development Services Market Forecast & Analysis 42
6.4.4.2.3 Support & Maintenance Services Market Forecast & Analysis 43
7. RPA MARKET ANALYSIS – BY END – USER 44
7.1 OVERVIEW 44
7.2 END-USER MARKET FORECAST AND ANALYSIS 44
7.3 BFSI MARKET 45
7.3.1 Overview 45
7.3.2 BFSI market forecast and analysis 45
7.4 RETAIL MARKET 46
7.4.1 Overview 46
7.4.2 Retail market forecast and analysis 46
7.5 TELECOMMUNICATION MARKET 47
7.5.1 Overview 47
7.5.2 Telecommunication market forecast and analysis 47
7.6 MANUFACTURING MARKET 48
7.6.1 Overview 48
7.6.2 Manufacturing market forecast and analysis 48
7.7 TRANSPORTATION & LOGISTICS MARKET 49

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