IT Robotic Automation Market was valued at USD 3.11 Billion in 2022 and is projected to reach USD 16.23 Billion by 2030, growing at a CAGR of 22.5% from 2024 to 2030.
The global IT Robotic Automation (RPA) market was valued at approximately USD 5.7 billion in 2022 and is projected to reach around USD 13.6 billion by 2027. This growth represents a compound annual growth rate (CAGR) of 19.5% over the forecast period. The market's expansion is driven by increasing adoption across various industries, including banking, financial services, insurance, and healthcare, where RPA solutions are being used to streamline operations, reduce costs, and improve efficiency. The technology's capability to automate repetitive and mundane tasks is propelling its demand, allowing organizations to refocus human resources on more strategic initiatives.
Emerging market opportunities in regions such as Asia-Pacific and Latin America are becoming significant, with businesses in these areas increasingly recognizing the value of RPA in enhancing operational efficiencies and scaling up their digital transformation strategies. The rising trend of remote work and the need for operational resilience are also contributing to the accelerated adoption of RPA solutions. As organizations continue to invest in digital transformation initiatives, the IT RPA market is expected to experience robust growth, supported by ongoing advancements in artificial intelligence and machine learning technologies.
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Blue Prism
IPSoft
Be Informed
Appian Corporation
Automation Anywhere
Interactive Media
IBM
BMC
Sutherland Global Service (SGS)
TCS (Tata Group)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global IT Robotic Automation Market
Banking
Utilities
Healthcare
Other
Based on Types the Market is categorized into Below types that held the largest IT Robotic Automation market share In 2023.
Tools
Services
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global IT Robotic Automation Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global IT Robotic Automation Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global IT Robotic Automation Market, By Type
6. Global IT Robotic Automation Market, By Application
7. Global IT Robotic Automation Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global IT Robotic Automation Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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