Rising Prominence of Process Automation to Boost Global IT Robotic Automation Market

Published Date : Nov 21, 2017

ALBANY, New York, Nov 21, 2017 - MarketResearchReports.biz announces the addition of a new research study on the global market for IT robotic automation, which provides a detailed reports of the historical as well as the current performance of this market, focusing especially on the influential factors. The research report is titled “IT Robotic Automation Market (RPA Tools and RPA Services) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014–2020.”

In this market study, the prominent growth drivers and the barriers to the adoption of IT robotic automation solutions have been discussed at length. It also provides a deep understanding of perceptions of medical professionals and the future prospects of this market on the basis of its performance in various regional, with a high emphasis on the current and the future trends in the various domestic markets.

According to the research report, the substantial rise in the adoption of automation in a number of industrial companies is driving the growth of the market for IT robotic automation significantly across the world. The augmenting need for highly advanced process automation solutions from the information technology (IT) industry for the streamlining workflows and the key procedures has been fueling the demand for IT robotic automation solutions, leading to a high growth of this market.

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The rising prominence of the process automation in the field of big data analytics, in order to deliver on an extensive value across a wide array of business processes, is also propelling the IT robotic automation market, globally. In addition to these, the increasing demand for the modernization of the business processes, intended to enhance productivity and boost customer satisfaction in a number industries, is likely to accelerate the of uptake of robotic automation solutions. The augmenting rate of automation of a variety of routine procedures in various businesses across emerging economies is also projected to stimulate the growth of this market in the years to come, states the research report.

For the detailed evaluation of the global market for IT robotic automation, the research report has bifurcated this market on the basis of the type and the geography. By the type, the market has been segmented into tools and services. Based on the tool, the market has been further segmented into process-based and model-based application tools. By service, the market has been classified into consulting, professional, integration and development, infrastructure management, application management, application management, BPO, training, and infrastructure management.

In terms of the geography, the report has categorized the global market into Europe, North America, Asia Pacific, Latin America, the Middle East and Africa (MEA).

The competitive landscape of the global IT robotic automation market has also been thoroughly studied in this research report. The major market participants are analyzed to determine the existing market hierarchy. As per the report, Blue Prism, Appian Corp., IPSoft Inc., Be Informed B.V., and Automation Anywhere Inc. are the main vendors of RPA tools across the world, whereas, Sutherland Global Services, Accenture Plc, Tata Consultancy Services, Infosys Ltd., Cognizant Technology Solutions, and Hewlett Packard Co. are the leading RPA service providers around the world.

In conclusion, the market study talks about the existing as well as the upcoming ventures and projects in the global market for IT robotic automation at length, which makes this research report of special value for enterprises and consultants functional in this market. The significant increase in investments to escalate research activities for the upgradation and advancement of IT robotic automation solutions is anticipated to drive this market substantially, states the research report.

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