The Global Robotic Process Automation (RPA) Market is likely to witness high growth with a CAGR of 27.9% by 2027.
The ripple effect of Coronavirus-COVID19 on the Robotic Process Automation (RPA) Market needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all the sectors in the Robotic Process Automation (RPA) Market. Key data sets include Revenue Impact analysis, Disruptions and New opportunities in the Supply Chain, Revised Vendor Landscape Mix, New opportunities mapping, and more.
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Robotic process automation technology is a software used to handle high-volume, repetitive tasks with machine learning and artificial intelligence capabilities. RPA has improved and revolutionized the ways in which organizations cater to IT support, remote infrastructure, and administer their business and back-office work. RPA also provides benefits such as cost effectiveness, quality, improved analytics, organized management, and increased employee productivity.
AllTheResearch offers a most recent distributed report on Global Robotic Process Automation (RPA) industry examination and figure 2019-2027conveying key bits of knowledge and giving an upper hand to customers through a point by point report. The report contains XX pages which profoundly displays on current market investigation situation, up and coming just as future chances, income development, evaluating and gainfulness.
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Following Top Key players are profiled in this Market Study:
Blue Prism, Open Span, Celaton, Open Connect Systems Incorporated, Verint Systems, Cognizant, Automation Anywhere, Exilant, Infosys Limited, Atos Corporation.
By Applications: BFSI, Retail, Manufacturing, IT and Telecom, Healthcare, Others
The increasing adoption of robotic process automation in the BPO sector is creating opportunities for the RPA market during the forecast period. At the same time, the integration of RPA with new technologies is increasing the demand for RPA in the logistics industry. Further, the high level of efficiency provided by RPA to companies is driving the demand in the market during the forecast period. However, a lack of awareness and data security risks are some of the factors that can restrain the growth of the market,
Based on application type, the BFS segment accounted for a large market share owing to the automation of business tasks, such as compliance regulations, data entry, assembly, and formulation.
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