Enterprise Robotic Process Automation Market 2018 Global Overview, Sales Revenue, Regional Trends, Company Profile, Business Growth, Competitive Landscape and Opportunity Assessment by 2023

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Market Research Future published a research report on “Enterprise Robotic Process Automation Market Research Report- Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Scenario:

Companies such as Automation Anywhere (U.S.), Blue Prism (U.K.), Celaton Ltd (U.K.), IPSoft (U.S.), Nice Systems Ltd. (Israel), Pegasystems (U.S.), Redwood Software (U.S.), UiPath (Romania), are the leading providers of enterprise robotic process automation solution in the global market. The growing demand for artificial intelligence and tool-based robotic process automation are some of the main driving factors of the Enterprise Robotic Process Automation Market growth. The tool-based robotic process automation helps in improving the competence and speeding up business processes.

The increasing availability of an enterprise automated solution is boosting the demand for enterprise robotic process automation market because it is widely used in large-scale enterprises for deployment of data management. This enterprise robotic process automation is widely used in the various sector including BFSI, Telecom and IT to improve the accuracy and efficiency of different processes. The iBot-enabled robotic process automation snips are gaining momentum among organizations. This iBot solution, a family of intelligent robots, helps in all kind of process-driven industries and paperwork intensive departments among industries.

On 20 November 2017, UiPath, the Enterprise Robotic Process Automation platform provider, went into partnership with Symphony Ventures, to offer managed services to the various sectors including healthcare, insurance, entertainment, and airlines in digitally transform operations.

On September 19, 2017, Kofax, a leading provider of software to simplify and transform the First Mile of business announced Kofax Kapow solution, which is driving growing demand for the robotic process automation. This solution is considered to be the cost savings, operational efficiency, customer responsiveness in the various sector including banking, insurance, supply chain, logistics, finance, and accounting.

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Industry news

April 18, Myndshft Launches New Robotic Process Automation Solution – M:IA

Myndshft, the first cognitive blockchain platform developer has launched the only process automation application with native AI, M:IA which is developed for modern businesses.

April 18, Automation Anywhere Increases Investment in India, Opens New Facility in Bengaluru.

Automation Anywhere, the largest enterprise software provider in RPA, expects India to become the future of world’s automation hub due to huge demand for RPA solutions in India. Increase in adoption of RPA solutions by GICs, financial institutions, telecom service providers, technology and manufacturing companies has led Automation Anywhere deploy a new facility centre in Bengaluru, India.

March 18, Fujitsu and Blue Prism Announce Global Collaboration for Delivering Enterprise Robotic Process Automation (RPA).

Fujitsu Limited and Blue Prism Group PLC have collaborated to provide enterprise with RPA solutions across various industries. Both the companies are focusing to expand their reach towards Europe, North America and Japan so as to launch, operate and grow RPA-related activities.

Key Players

Some of the prominent players in the global enterprise robotic process automation market are Automation Anywhere (U.S.), Blue Prism Group (U.K.), Celaton Ltd (U.K.), IPSoft (U.S.), Nice Systems Ltd. (Israel), Pegasystems Inc. (U.S.), Redwood Software (U.S.), UiPath (Romania), Verint (U.S.), Happiest Minds (India), International Business Machines Corporation (U.S.) and Xerox Corporation (U.S.).among others.

Enterprise Robotic Process Automation Market Global Market – Segmentation

  • Segmentation by type: tools and services.
  • Segmentation by process: automated solution, decision support & management solutions, interaction solutions and others.
  • Segmentation by operations: rule-based, knowledge-based and others.
  • Segmentation by industry: BFSI, manufacturers, telecom, retail and others.
  • Segmentation by region: North America, Europe, Asia Pacific and rest of the world.

Enterprise Robotic Process Automation Market Global Market – Regional Analysis

The regional analysis of enterprise robotic process automation market is studied for North America, Europe, Asia-Pacific and rest of the world. As economies like U.S. and Canada have adopted the use of bots at an early stage, they are expected to show their dominance in the market during the forecasting period. With the advancements in various industries such as healthcare, media & entertainment and telecom technologies, tremendous use of artificial intelligence and bots can be observed.

Asia-Pacific region is expected to show remarkable growth due to adoption of digitization and information technology. Countries like China, Japan and India are expected to show highest growth in APAC for enterprise robotic process automation market.  The key players in the market are constantly innovating and investing in research and development activities in order to create cost-effective product portfolio.

Competitive Analysis

The global enterprise robotic process automation market appears to be extremely competitive. In order to target, segment, and position their sensors into the global market and to drive the market growth, the companies have to come up with an advanced technological solution to maintain themselves into the competitive landscape. Market leaders are investing in research and development for innovating their products continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, and cost-effective product portfolio.

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Intended Audience

  • Associations, organizations, forums, and alliances
  • Cloud service providers
  • Customer experience solution providers
  • Government bodies and departments
  • Enterprise robotic process automation companies
  • Enterprise robotic process automation providers
  • Technical universities
  • System integrators
  • Managed Security Service Providers
  • Professional service providers
  • Research and development companies
  • Market research and consulting firms
  • Solution providers
  • Technology standards organizations
  • Technology investors
  • System Integrators

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