Robotic Process Automation Market Driven by Emerging Trends in Business Process Transformation by 2021

The global robotic process automation market to grow at a CAGR of 25.19% during the period 2017-2021.


Albany, NY -- (SBWIRE) -- 05/15/2018 -- The robotic process automation is defined as an automated system that can carry out rule-based and repetitive tasks without human intervention. RPA has an advantage of an automatic and regular software update that is carried out to prevent any delays in the execution of business processes. Business operations that are labor-intensive, require on-shore and off-shore man-power, regular training related to advanced models, and deputations of skilled manpower in business areas where robotic process automation software is implemented to optimize the cost.

Covered in this report

The report covers the present scenario and the growth prospects of the global robotic process automation market for 2017-2021. To calculate the market size, the report considers the installation of RPA software, maintenance and services in the case of operating system breakdown, and reinstallation of RPA software.

The market is divided into the following segments based on geography:

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Technavio's report, Global Robotic Process Automation Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Other prominent vendors
Automation Anywhere
Blue Prism
EdgeVerve Systems (Part of Infosys)
Kryon Systems

Market driver
Improved cost savings for businesses
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Market challenge
Subscription cost of robotic process automation software
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Market trend
Emerging trends in business process transformation
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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