DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Robotic Process Automation (RPA) Market Analysis By Services, By Organization, By Application And Segment Forecasts To 2024" report to their offering.
The global RPA market is expected to reach USD 8.75 billion by 2024. RPA is maturing in terms of clarity, credibility and applicability, as organizations are increasingly implementing these solutions.
RPA is emerging as a disrupting technology with capabilities of providing benefits such as enhanced accuracy, compliance, cost saving and scalability. As these tools are 65% less expensive than the full-time employees, industry experts have been expecting RPA to disrupt the conventional Business Process Outsourcing (BPO) model and alter the global outsourcing industry.
The key difference between other automation methods and RPA is the approach used for completing the tasks carried by employees. RPA utilizes applications through a standard interface along with the deployment of software without modification to the applications or systems being automated.
The RPA software, despite being a new technology, is neither expensive nor complex as compared with other technologies. The financial sector is embracing RPA within the application industry, followed by healthcare and telecom & IT. The common denominators among these industries are the large volume of data entry and switching among various applications.
The North American robotic process automation market is anticipated to reach over USD 3.5 billion by 2024. This is owing to the increased penetration of automation and process management solutions among small and medium enterprises.
Companies Mentioned:
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Atos SE
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Automation Anywhere Inc.
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Be Informed B.V.
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Blue Prism Group Plc
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Cicero Inc.
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Cognizant Technology Solutions Corporation
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Genfour
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Genpact Ltd.
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Infosys Ltd
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IPSoft Inc.
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Jacada Inc.
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Kofax Ltd
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Kryon Systems
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OpenConnect Systems Inc.
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OpenSpan
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Sutherland Global Services
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Thoughtonomy
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UiPath
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Verint Systems Inc.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Market Snapshot
4. RPA Industry Outlook
5. RPA Services Outlook
6. RPA Organization Outlook
7. RPA Application Outlook
8. RPA Regional Outlook
9. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/p35rg8/robotic_process
