How big is the Robotic Process Automation Market?

The Robotic Process Automation Market size is expected to reach USD 4.02 billion in 2024 and grow at a CAGR of 29.70% to reach USD 14.75 billion by 2029. Read More

What is the current Robotic Process Automation Market size?

In 2024, the Robotic Process Automation Market size is expected to reach USD 4.02 billion. Read More

Who are the key players in Robotic Process Automation Market?

Automation Anywhere Inc., Blue Prism Group PLC, Jacada Inc., Kofax Inc. and Datamatics Global Services Limited are the major companies operating in the Robotic Process Automation Market. Read More

Which is the fastest growing region in Robotic Process Automation Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Robotic Process Automation Market?

In 2024, the North America accounts for the largest market share in Robotic Process Automation Market. Read More

What years does this Robotic Process Automation Market cover, and what was the market size in 2023?

In 2023, the Robotic Process Automation Market size was estimated at USD 2.83 billion. The report covers the Robotic Process Automation Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Robotic Process Automation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key drivers of the Robotic Process Automation (RPA) Market?

Key factors driving the Robotic Process (RPA) Market are: a) Need for businesses to increase efficiency b) Reduce operational costs c) Improve accuracy d) Enhance customer experience Read More

Robotic Process Automation Market Size and Trends Analysis Report

Robotic Process Automation Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Report Covers Global RPA Market Statistics, Forecast and is Segmented by Deployment Mode (On-Premise and Cloud), Solution (Software and Service), Size of Enterprise (Small and Medium Enterprises and Large Enterprises), End User Industry (IT and Telecom, BFSI, Healthcare, Retail, Manufacturing), and Geography. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Robotic Process Automation Industry Overview

The robotic process automation market is low consolidated with a few players such as Automation Anywhere Inc., Jafada, Kofax, etc., as various acquisitions and collaborations of large companies are expected to occur shortly. Some of the Key developments in this market are:

In January 2024, Datamatics Global Services Ltd announced that the National Health Service (NHS) Shared Business Services (SBS) in the UK had selected their Datamatics TruBot RPA solution for a two-year framework contract. The TruBot, an AI-powered RPA solution, was officially onboarded for this collaboration, empowering public sector entities to automate a range of tasks, from staff onboarding to patient registration and billing.
In June 2024, Automation Anywhere bolstered its suite of business automation services with a new generative AI platform. This platform is tailored to streamline organizational workflows, offering features that aid in discovering, creating, and implementing AI automation processes. With Automation Anywhere's AI Agent Studio, companies can now craft bespoke AI bots. These AI agents are trainable using the organization's data, enabling them to navigate and make decisions within the company's digital landscape.