Robotic Process Automation Market Insights And Global Outlook 2019 to 2026

Verifiedmarketresearch has published a report entitled Global Robotic Process Automation Market Research Report 2019 that is a detailed observation of several aspects, including the rate of growth, technological advances and various strategies implemented by the main current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.

According to Verified Market Research, the Global Robotic process automation Market was valued at USD 0.83 Billion in 2018 and is projected to reach USD 6.71 Billion by 2026, growing at a CAGR of 29.8% from 2019 to 2026.

The major manufacturers covered in this report- Nice Systems Ltd., Pegasystems Inc., Automation Anywhere, Blue Prism PLC, Ipsoft, Inc., Celaton Ltd., Redwood Software, UiPath SRL, Verint System Inc., Xerox Corporation, and IBM Corporation..

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What is the Robotic Process Automation?

Robotic process automation (RPA) is defined as a process of using software robots for automating routine business practices. This process includes usage of software with artificial intelligence (AI) and machine learning capabilities in order to handle high-volume, repeatable tasks. These software robots are capable of performing tasks automatically. The task comprises of transaction processing, IT management and automated online assistants. These software robots are capable replacing human beings for common tasks. Robotic process automation have application in customer service, accounting, financial services, healthcare and human resources.

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Global Robotic process automation Market Segmentation, by Process

Automated Solution
Decision Support and Management Solutions
Interaction Solutions

Global Robotic process automation Market Segmentation, by Operations

Rule-based
Knowledge-based

Global Robotic process automation Market Segmentation, by Type

Tools
Services

Global Robotic process automation Market Segmentation, by End user

Banking, Financial Services and Insurance
Retail and Consumer Goods
Healthcare and Pharmaceuticals
Manufacturing and Logistics
Telecom and IT
Travel, Hospitality, and Transportation
Others

Market Segment by Regions, regional analysis covers 2019-2026:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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What are the Robotic Process Automation market factors that are explained in the report

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: The Global Robotic Process Automation Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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Verified Market Research provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Verified Market Research provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.