It robotic automation market

IT Robotic Automation Market : Industry Outlook, Growth Prospects and Key Opportunities

IT robotic automation is a go-to solution for organizations to benefit from process automation and advanced analytics in operations and processes at economical prices, which was not possible with earlier automation approaches. IT robots (automation software) are programmed to be used with data-driven and rule-based processes, which work towards aspects such as improving productivity and compliance accuracy, and can be applied irrespective of industry and application.

The technology holds strong promise in transforming workplaces and is expected to see adoption at an exponential rate the next few years. Transparency Market Research estimates that the IT robotic automation market will expand at a CAGR of 47.1% over the period between 2016 and 2024. If the number holds true, the market will rise to a valuation of US$16,884.0 mn by 2024.

Obtain Report Details @ http://www.transparencymarketresearch.com/it-robotic-automation-market.html The IT robotic automation market is segmented in the report on the basis of two crucial types of solutions offered by the market: tools and services. The market for IT robotic automation tools is anticipated to expand at a faster CAGR of 51.8% as compared to the segment of services. The IT robotic automation services’ segment, however, presently dominates, accounting for a share of over 68% in the global market in 2015.

IT robotic automation has been predominantly adopted in various industries in North America, making the region the dominant shareholder in the global IT robotic automation market in terms of revenue contribution.

Rapid developments in computing technologies in the region indicate that the region will continue to observe significant growth in the field of IT robotic automation in the coming years as well. In addition, the rising IT and IT-related services are likely to bring surge in the implementation of automation services in the region in the next few years.

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Asia Pacific is anticipated to be a high potential market for the IT robotic process automation during the forecast period. Technologically advanced countries such as Japan and China are the major contributors in terms of adoption of process automation in the region. Furthermore, rising investments in corporate sector and instantaneous developments of IT infrastructure in the developing countries such as India and Philippines are anticipated to favor the IT robotic automation market in Asia Pacific in the near future.

Some of the key global providers of IT robotic automation are Blue Prism, Be Informed B.V., Appian, IPSoft, Inc., Tata Consultancy Services Limited., Infosys Limited, Cognizant Technology Solutions Corp., Atos SE, Capgemini, Genfour, Genpact Ltd., Automation Anywhere, Inc., Sutherland Global Services, Inc., and UiPath Srl. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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