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Robotic Process Automation market revenue is estimated to be $319.6 million in 2018 and expected to reach $955.2 million by 2023, at a CAGR of 24.5%
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Robotic Process Automation Market, Global Analysis and Forecast 2023
Summary • The RPA in Financial Services market revenue is estimated to be $319.6 million in 2018 and is expected to reach $955.2 million by 2023, growing at a CAGR of 24.5% during the forecast period 2018–2023. • The RPA market is at a nascent stage and is expected to grow with more understanding of the software features and cost-effectiveness of the software among industries enhancing the consulting market of RPA currently. • The RPA software vendors are extending its partner ecosystem with capabilities in integration, consulting, reseller, and geographical reach to enhance the service offerings.
The operations include Rule-based Knowledge-based knowledge-based operations are expected to grow at higher CAGR. The organizations are deploying RPA software to increase the bottom-line margin and reduce employing too many human resources business process and back-office activities. • The rule-based is estimated to hold significant market share in 2018 • The rule-based operations are the primary and basic requirements which significantly reduces repetitive tasks.
Regional Analysis UK Canada US China UAE India Singapore Australia
Related Reports • Robotic Process Automation ( RPA ) in Financial Services Market • Global Robotic Process Automation Market Research Report 2017 • Global Process Automation & Instrumentation Market Size study, by Instrument (Analyzer, Transmitters, Control Valve), by Solutions, by Communication Protocol Devices, by Application (Oil & Gas, Food & Beverages, Chemicals, Pharmaceuticals, Water & Wastewater, Metals & Mining, Energy & Power, Pulp & Paper, Other Applications) and Regional Forecasts 2018-2025. • Global Process Automation Industry Market Research Report
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