The
market for IT robotic automation globally is forecast to reach US$
4.98 Bn by 2020. Key factors driving the global IT robotic automation
market include cost benefits and improved efficiency of RPA over
manual process handling, ability to leverage other application
software without integration, increasing adoption in finance and
accounting (F&A) sector and potential alternative to offshore
outsourcing among others. Moreover, significant reductions in cost,
time and labor can be achieved by implementing robotic process
automation.
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Report with Full TOC at IT Robotic Automation Market
http://www.transparencymarketresearch.com/it-robotic-automation-market.html
The
global IT robotic automation market was valued at US$ 183.1 Mn in
2013 and is forecast to grow at 60.5% CAGR from 2014 to 2020.
Increasing deployment in the business process outsourcing (BPO)
industry coupled with expanding application areas in the IT industry
are some of the other key factors driving the IT robotic automation
market. Some basic processes in IT which can be managed through
robotic process automation include access management, request
management, availability management, monitoring, incident management,
and problem management.
Based
on geographic regions, the IT robotic automation market is segmented
into North America, Europe, Asia Pacific, Middle East and Africa, and
Latin America. In terms of regional adoption, North America and
Europe acquired majority chunk of the market share in 2013. The early
adoption of new technology in North America and initiatives taken by
RPA tool providers to create awareness in the region are some key
factors responsible for the growth in this region. Europe is another
key market where the uptake of RPA technology is highly significant.
Moreover, Asia Pacific is expected to witness high growth in the
coming years in line with the growth of RPA services market in India.
The
IT robotic automation market comprises RPA technology providers and
RPA service providers. Some of the key technology providers for RPA
include Blue Prism, IPSoft, Inc., Be Informed B.V., Appian
Corporation, and Automation Anywhere Inc. whereas RPA service
providers include Sutherland Global Services, Tata Consultancy
Services, Accenture plc, Cognizant Technology Solutions, Infosys
Limited, and Hewlett Packard Company.
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The
report analyzes the global IT robotic automation market in terms of
revenue (US$ Mn). The market has been segmented as follows:
IT
Robotic Automation Market, by Type:
- Tools
- Services
IT
Robotic Automation Market, by Tools:
- Model-based Application Tools
- Process-based Application Tools
IT
Robotic Automation Market, by Services:
Professional
Consulting
Integration
and Development
Application Management
Infrastructure Management
BPO
Application Management
Infrastructure Management
Training
IT
Robotic Automation Market, by Geography:
- North America
- Europe
- Asia-Pacific
- Middle East and Africa (MEA)
- Latin America
Browse
Press Release IT Robotic Automation Market
http://www.transparencymarketresearch.com/pressrelease/it-robotic-automation-market.htm
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