Please Wait.....
Report
Global Robotic Process Automation Market: Trends and Forecast (2022-2027)
Market Research Report I 2022-08-30 I 150 Pages I BCC Research
Description
Report Scope:
The report provides an overview of the global RPA market and analyzes market trends. Using 2021 as the base year, the report provides market data for the forecast period 2022 through 2027 by making estimates with values derived from total revenues of prominent players. Revenue forecasts for this period are segmented based on solution, deployment, size of enterprise, industry and geography.
The report also identifies the major players in the RPA market, explains the major market drivers and current trends, and explores the competitive landscape. The report concludes with profiles of the major players in the global market.
Report Includes:
- 43 data tables and 30 additional tables
- An up-to-date overview of the global market for robotic process automation (RPA) technology, and company competitive information of the top ten companies in RPA market scenario
- Analyses of the global market trends, with historic market revenue for 2021, estimates for 2022, market forecasts for 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
- Estimation of the actual market size for global robotic process automation in USD million values, market forecast, and corresponding market share analysis based on solution, deployment type, size of enterprise, end-use industry, and geographic region
- Review of the promising new RPA tools and technologies still in the development, and their implementation with the greatest commercial potential during the forecast period (2022 to 2027)
- Detailed understanding of the key market trends, drivers and restraints that will shape the market for RPA tools and technologies as the basis for projecting demand over the next five years
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
- Review of the patents issued on robotic process automation technology across each major category, and emerging new developments in the global RPA market
- Updated information on recent mergers and acquisitions, partnerships, collaborations, and new product launches in the market for robotic process automation during 2019-2022
- Descriptive company profiles of the leading global players, including Appian Corp., Blue Prism Group Plc, CGI Inc., Datamatics Global Services Ltd., NTT Advanced Technology Corp., Nice Robotic Automation, and UiPath Inc.
Executive Summary
Summary:
Organizations worldwide are realizing that RPA is capable of transforming their backend operations and procedures in an entirely new way with digital technology. It is a novel approach to automating corporate operations and procedures. It enables businesses to use software-driven robots, or bots, to automate routine, predetermined activities. It minimizes the human labor required for tiresome, repetitive jobs so that employees can concentrate on more important and more meaningful work.
RPA is a software technology that enables the creation, deployment and management of software robots that mimic human actions while dealing with digital systems and software. Software robots, like humans, can grasp what's on a screen, complete the correct keystrokes, navigate systems, discover and retrieve data, and perform a variety of defined operations. However, software robots can perform such tasks faster and more reliably than humans, without the need to take breaks.
Through RPA, chatbots and other forms of digital assistants, intelligent bots are proliferating throughout the data ecosystem. The range of jobs that these bots are capable of performing is growing. Many knowledge workers consider chatbots to be an outdated, template-based version of what bots can perform in light of the popularity of digital assistants like Siri and Alexa in both personal and professional contexts. Nevertheless, the number of uses for these linguistically skilled bots is growing, and now includes both internal and external processes.
RPA software solutions can be installed without having to make changes to the current system, saving time and money on the installation process. Due to the significant cost and overall impact of rethinking their legacy, poorly linked IT infrastructure, many system-intensive organizations are unable to optimize their operations. RPA solves this problem by acting as a human worker who builds a communication link between various IT systems. However, the risk of data security escalates when a company allows access to RPA for enterprise data over the cloud. A bot's poor design that unintentionally exposes sensitive data might have serious consequences.
Moreover, within these organizations, RPA can be used in multiple ways and across multiple processes. One new aspect of this is that the RPA solutions will also focus on external, customer-oriented processes in addition to internal processes. For instance, the classification of incoming email is one such area where smart robots are expected to offer huge productivity gains.
Intelligent process automation (IPA), a bridge between RPA and AI, primarily leverages machine learning (ML) and natural language processing (NLP) to tackle difficult business challenges and automate current manual processes with much higher accuracy and efficiency. By eliminating or moving monotonous and laborious tasks, these new advancements have enabled organizations to become even more profitable.
Table of Contents
Chapter 1 Introduction
1.1 Overview
1.2 Study Goals and Objectives
1.3 Scope of Report
1.4 What's New in this Update?
1.5 Reasons for Doing this Study
1.6 Intended Audience
1.7 Information Sources
1.8 Methodology
1.9 Geographic Breakdown
1.10 Analyst's Credentials
1.11 BCC Custom Research
1.12 Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview and Technology Background
3.1 Overview
3.2 RPA Checklist
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.2 Market Restraints
3.3.3 Market Opportunities
3.4 Applications
3.4.1 Reporting and Administration
3.4.2 Customer Support
3.4.3 Data Migration
3.4.4 Analysis
3.5 RPA Lifecycle
3.6 Value Chain Analysis
3.7 Porter's Five Forces Analysis
3.7.1 Bargaining Power of Suppliers
3.7.2 Bargaining Power of Consumers
3.7.3 Threat of New Entrants
3.7.4 Competitive Rivalry
3.7.5 Threat of Substitutes
3.8 Investment Analysis
3.9 Future of RPA
3.10 Assessment of COVID-19's Impact on the Market
Chapter 4 Market Breakdown by Solution
4.1 Overview
4.2 Services
4.3 Software
Chapter 5 Market Breakdown by Deployment
5.1 Introduction
5.2 On-premise
5.3 Cloud
Chapter 6 Market Breakdown by Size of Enterprise
6.1 Introduction
6.2 Large Enterprises
6.3 Small and Medium-Sized Enterprises (SMEs)
Chapter 7 Market Breakdown by Industry
7.1 Overview
7.2 IT and Telecom
7.3 BFSI
7.4 Manufacturing
7.5 Retail
7.6 Healthcare
7.7 Other Industries
Chapter 8 Market Breakdown by Region
8.1 Introduction
8.2 North America
8.2.1 United States
8.2.2 Canada
8.3 Europe
8.3.1 United Kingdom
8.3.2 Germany
8.3.3 France
8.4 Rest of Europe
8.5 Asia-Pacific
8.5.1 China
8.5.2 Japan
8.5.3 India
8.5.4 South Korea
8.5.5 Rest of Asia-Pacific
8.6 Rest of the World (RoW)
Chapter 9 Patent Analysis
9.1 Overview
9.2 New Patents Development
9.3 Patent Review, by Region
9.4 Patent Review, by Key Applicant
Chapter 10 Competitive Landscape
10.1 Industry Overview
10.2 Market Share Analysis
10.3 Key Companies and Partners
10.3.1 Pricing
10.3.2 Usability
10.4 Strategy Analysis
10.5 Key Developments in the RPA Market, 2019-2022
10.5.1 Partnership/Collaboration/Contract
10.5.2 Acquisition/Expansion/Investment
Chapter 11 Company Profiles
APPIAN CORP.
AUTOMATION ANYWHERE INC.
AUTOMATIONEDGE TECHNOLOGIES INC.
BE INFORMED B.V.
BLUE PRISM GROUP PLC
CGI INC.
DATAMATICS GLOBAL SERVICES LTD.
EDGEVERVE SYSTEMS LTD.
HELPSYSTEMS LLC
KOFAX INC.
NICE ROBOTIC AUTOMATION
NTT ADVANCED TECHNOLOGY CORP.
PEGASYSTEMS INC.
ROCKET SOFTWARE INC.
UIPATH INC.
UNIPHORE
Chapter 12 Appendix: List of Acronyms
List of Tables
Summary Table A : Global Market for Robotic Process Automation, by Region, Through 2027
Summary Table B : Global Market for Robotic Process Automation, by Deployment, Through 2027
Table 1 : Porter's Five Forces Analysis: Overview
Table 2 : Global Market for Robotic Process Automation, by Solution, Through 2027
Table 3 : Global Market for Robotic Process Automation Services, by Region, Through 2027
Table 4 : Global Market for Robotic Process Automation Software, by Region, Through 2027
Table 5 : Global Market for Robotic Process Automation, by Deployment, Through 2027
Table 6 : Global Market for On-premise Deployment of Robotic Process Automation, by Region, Through 2027
Table 7 : Global Market for Cloud Deployment of Robotic Process Automation, by Region, Through 2027
Table 8 : Global Market for Robotic Process Automation, by Size of Enterprise, Through 2027
Table 9 : Global Market for Robotic Process Automation in Large Enterprises, by Region, Through 2027
Table 10 : Global Market for Robotic Process Automation in SMEs, by Region, Through 2027
Table 11 : Global Market for Robotic Process Automation, by Industry, Through 2027
Table 12 : Global Market for Robotic Process Automation in the IT and Telecom Industry, by Region, Through 2027
Table 13 : Global Market for Robotic Process Automation in the BFSI Industry, by Region, Through 2027
Table 14 : Global Market for Robotic Process Automation in the Manufacturing Industry, by Region, Through 2027
Table 15 : Global Market for Robotic Process Automation in the Retail Industry, by Region, Through 2027
Table 16 : Global Market for Robotic Process Automation in the Healthcare Industry, by Region, Through 2027
Table 17 : Global Market for Robotic Process Automation in Other Industries, by Region, Through 2027
Table 18 : Global Market for Robotic Process Automation, by Region, Through 2027
Table 19 : North American Market for Robotic Process Automation, by Solution, Through 2027
Table 20 : North American Market for Robotic Process Automation, by Deployment, Through 2027
Table 21 : North American Market for Robotic Process Automation, by Size of Enterprise, Through 2027
Table 22 : North American Market for Robotic Process Automation, by Industry, Through 2027
Table 23 : European Market for Robotic Process Automation, by Solution, Through 2027
Table 24 : European Market for Robotic Process Automation, by Deployment, Through 2027
Table 25 : European Market for Robotic Process Automation, by Size of Enterprise, Through 2027
Table 26 : European Market for Robotic Process Automation, by Industry, Through 2027
Table 27 : Asia-Pacific Market for Robotic Process Automation, by Solution, Through 2027
Table 28 : Asia-Pacific Market for Robotic Process Automation, by Deployment, Through 2027
Table 29 : Asia-Pacific Market for Robotic Process Automation, by Size of Enterprise, Through 2027
Table 30 : Asia-Pacific Market for Robotic Process Automation, by Industry, Through 2027
Table 31 : RoW Market for Robotic Process Automation, by Solution, Through 2027
Table 32 : RoW Market for Robotic Process Automation, by Deployment, Through 2027
Table 33 : RoW Market for Robotic Process Automation, by Size of Enterprise, Through 2027
Table 34 : RoW Market for Robotic Process Automation, by Industry, Through 2027
Table 35 : U.S. Patents for Robotic Process Automation, 2020-2022
Table 36 : European Patents for Robotic Process Automation, 2021-2022
Table 37 : Asian Patents for Robotic Process Automation, 2020-2022
Table 38 : Key Companies and Partners
Table 39 : Key Developments in the Market for Robotic Process Automation, 2019-2022
Table 40 : Robotic Process Automation Market: Partnerships and Collaborations, 2019-2022
Table 41 : Robotic Process Automation Market: Mergers and Acquisitions, 2019-2021
Table 42 : Appian Corp.: Financial Performance, FY 2019-FY 2021
Table 43 : Appian Corp.: Products and Services
Table 44 : Appian Corp.: Recent Developments, 2020
Table 45 : Automation Anywhere Inc.: Products and Services
Table 46 : Automation Anywhere Inc.: Recent Developments, 2020-2022
Table 47 : AutomationEdge Technologies Inc.: Products and Services
Table 48 : Blue Prism Group Plc: Recent Financial Performance, FY 2018-FY 2020
Table 49 : Blue Prism Group Plc: Products and Services
Table 50 : Blue Prism Group Plc: Recent Developments, 2019-2020
Table 51 : CGI Inc.: Recent Financial Performance, FY 2019-FY 2021
Table 52 : CGI Inc.: Products and Services
Table 53 : CGI Inc.: Recent Developments, 2020
Table 54 : Datamatics Global Services Ltd.: Recent Financial Performance, FY 2019-FY 2021
Table 55 : Datamatics Global Services Ltd.: Products and Services
Table 56 : Datamatics Global Services Ltd.: Recent Developments, 2021
Table 57 : EdgeVerve Systems Ltd.: Recent Financial Performance, FY 2019-FY 2021
Table 58 : EdgeVerve Systems Ltd.: Products and Services
Table 59 : HelpSystems: Products and Services
Table 60 : HelpSystems LLC: Recent Developments, 2019-2021
Table 61 : Kofax Inc.: Products and Services
Table 62 : Nice Robotic Automation: Products and Services
Table 63 : NTT AT: Recent Financial Performance, FY 2019-FY 2021
Table 64 : Pegasystems Inc.: Recent Financial Performance, FY 2019-FY 2021
Table 65 : Pegasystems Inc.: Products and Services
Table 66 : Pegasystems Inc.: Recent Developments, 2020-2022
Table 67 : Rocket Software: Products and Services
Table 68 : UiPath Inc.: Recent Financial Performance, FY 2021-FY 2022
Table 69 : UiPath Inc.: Products and Services
Table 70 : UiPath Inc.: Recent Developments, 2021-2022
Table 71 : Acronyms Used in This Report
List of Figures Summary Figure A : Global Market Shares of Robotic Process Automation, by Region, 2021 Summary Figure B : Global Market Shares of Robotic Process Automation, by Deployment, 2021 Figure 1 : Checklist: Robotic Process Automation Figure 2 : Functional Benefits of RPA Figure 3 : Robotic Process Automation Lifecycle Figure 4 : Value Chain of the Robotic Process Automation Market Figure 5 : Robotic Process Automation Market: Porter's Five Forces Analysis Figure 6 : Robotic Process Automation Market: Bargaining Power of Suppliers Figure 7 : Robotic Process Automation Market: Bargaining Power of Consumers Figure 8 : Robotic Process Automation Market: Threat of New Entrants Figure 9 : Robotic Process Automation Market: Competitive Rivalry Figure 10 : Global Market Shares of Robotic Process Automation, by Solution, 2021 Figure 11 : Global Market Shares of Robotic Process Automation Services, by Region, 2021 Figure 12 : Global Market Shares of Robotic Process Automation Software, by Region, 2021 Figure 13 : Global Market Shares of Robotic Process Automation, by Deployment, 2021 Figure 14 : Global Market Shares of On-premise Deployment of Robotic Process Automation, by Region, 2021 Figure 15 : Global Market Shares of Cloud Deployment of Robotic Process Automation, by Region, 2021 Figure 16 : Global Market Shares of Robotic Process Automation, by Size of Enterprise, 2021 Figure 17 : Global Market Shares of Robotic Process Automation in Large Enterprises, by Region, 2021 Figure 18 : Global Market Shares of Robotic Process Automation in SMEs, by Region, 2021 Figure 19 : Global Market Shares of Robotic Process Automation, by Industry, 2021 Figure 20 : Global Market Shares of Robotic Process Automation in the IT and Telecom Industry, by Region, 2021 Figure 21 : Global Market Shares of Robotic Process Automation in the BFSI Industry, by Region, 2021 Figure 22 : Global Market Shares of Robotic Process Automation in the Manufacturing Industry, by Region, 2021 Figure 23 : Global Market Shares of Robotic Process Automation in the Retail Industry, by Region, 2021 Figure 24 : Global Market Shares of Robotic Process Automation in the Healthcare Industry, by Region, 2021 Figure 25 : Global Market Shares of Robotic Process Automation in Other Industries, by Region, 2021 Figure 26 : Global Market Shares of Robotic Process Automation, by Region, 2021 Figure 27 : North American Market Shares of Robotic Process Automation, by Solution, 2021 Figure 28 : North American Market Shares of Robotic Process Automation, by Deployment, 2021 Figure 29 : North American Market Shares of Robotic Process Automation, by Size of Enterprise, 2021 Figure 30 : North American Market Shares of Robotic Process Automation, by Industry, 2021 Figure 31 : U.S. Market for Robotic Process Automation, 2021-2027 Figure 32 : Canadian Market for Robotic Process Automation, 2021-2027 Figure 33 : European Market Shares of Robotic Process Automation, by Solution, 2021 Figure 34 : European Market Shares of Robotic Process Automation, by Deployment, 2021 Figure 35 : European Market Shares of Robotic Process Automation, by Size of Enterprise, 2021 Figure 36 : European Market Shares of Robotic Process Automation, by End User, 2021 Figure 37 : U.K. Market for Robotic Process Automation, 2021-2027 Figure 38 : German Market for Robotic Process Automation, 2021-2027 Figure 39 : French Market for Robotic Process Automation, 2021-2027 Figure 40 : Rest of European Market for Robotic Process Automation, 2021-2027 Figure 41 : Asia-Pacific Market Shares of Robotic Process Automation, by Solution, 2021 Figure 42 : Asia-Pacific Market Shares of Robotic Process Automation, by Deployment, 2021 Figure 43 : Asia-Pacific Market Shares of Robotic Process Automation, by Size of Enterprise, 2021 Figure 44 : Asia-Pacific Market Shares of Robotic Process Automation, by End User, 2021 Figure 45 : Chinese Market for Robotic Process Automation, 2021-2027 Figure 46 : Japanese Market for Robotic Process Automation, 2021-2027 Figure 47 : Indian Market for Robotic Process Automation Market, 2021-2027 Figure 48 : South Korean Market for Robotic Process Automation, 2021-2027 Figure 49 : Rest of Asia-Pacific Market for Robotic Process Automation, 2021-2027 Figure 50 : RoW Market Shares of Robotic Process Automation, by Solution, 2021 Figure 51 : RoW Market Shares of Robotic Process Automation, by Deployment, 2021 Figure 52 : RoW Market Shares of Robotic Process Automation, by Size of Enterprise, 2021 Figure 53 : RoW Market Shares of Robotic Process Automation, by End User, 2021 Figure 54 : Global Shares of Patents Granted on Robotic Process Automation, by Region, 2021-2022 Figure 55 : Global Shares of Patents Granted on Robotic Process Automation, by Key Applicant, 2021-2022 Figure 56 : Global Market Shares of Robotic Process Automation, by Major Companies, 2021 Figure 57 : Appian Corp.: Revenue Share, by Business Segment, FY 2021 Figure 58 : Appian Corp.: Revenue Share, by Region, FY 2021 Figure 59 : Blue Prism Group Plc: Revenue Share, by Region, FY 2020 Figure 60 : Blue Prism Group Plc: Revenue Share, by Product Segment, FY 2020 Figure 61 : CGI Inc.: Revenue Share, by Business Segment, FY 2021 Figure 62 : CGI Inc.: Revenue Share, by Region, FY 2021 Figure 63 : Datamatics Global Services Ltd.: Revenue Share, by Business Segment, FY 2021 Figure 64 : Datamatics Global Services Ltd.: Revenue Share, by Region, FY 2021 Figure 65 : Pegasystems Inc.: Revenue Share, by Region, FY 2020 Figure 66 : Pegasystems Inc.: Revenue Share, by Product Segment, FY 2021 Figure 67 : UiPath Inc.: Revenue Share, by Product Segment, FY 2022
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security