Robotic Process Automation Market by Offering (Software, Services), Type (Attended RPA, Unattended RPA), Application (Customer Account Management, Employee Onboarding), Sector (BFSI, IT & Telecom, Healthcare), and Geography - Global Forecast to 2030

Robotic Process Automation Market by Offering (Software, Services), Type (Attended RPA, Unattended RPA), Application (Customer Account Management, Employee Onboarding), Sector (BFSI, IT & Telecom, Healthcare), and Geography - Global Forecast to 2030

Robotic Process Automation Market by Offering (Software, Services), Type (Attended RPA, Unattended RPA), Application (Customer Account Management, Employee Onboarding), Sector (BFSI, IT & Telecom, Healthcare), and Geography—Global Forecast to 2030

The research report titled, ‘Robotic Process Automation Market by Offering (Software, Services), Type (Attended RPA, Unattended RPA), Application (Customer Account Management, Employee Onboarding), Sector (BFSI, IT & Telecom, Healthcare), and Geography - Global Forecast to 2030’, provides an in-depth analysis of robotic process automation market in five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2030. The global robotic process automation market is projected to reach $35.9 billion by 2030, at a CAGR of 20.2% during the forecast period of 2023–2030.

The growth of the robotic process automation market is driven by the growing demand for automation in business processes, the growing adoption of advanced technologies such as cloud, AI, and machine learning, and the rising demand for robotic process automation solutions in the BFSI sector. Further, the rising adoption of RPA-enabled self-learning conversational chatbots and the growing adoption of robotic process automation solutions in the healthcare sector is expected to create market growth opportunities.

The robotic process automation market is segmented by offering (software, services), type (attended RPA, unattended RPA, Hybrid RPA), organization size (large enterprises, small & medium-sized enterprises), deployment mode (on-premise deployment, cloud-based deployment), application (administration and reporting, customer account management, employee onboarding, data validation, invoice processing, data migration and capture extraction, and other applications), sector (BFSI, IT & telecommunications, retail, manufacturing, healthcare, transportation & logistics, government & public sector, and other sectors). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on deployment mode, the robotic process automation market is segmented into on-premise deployment and cloud-based deployment. In 2023, the on-premise deployment segment is expected to account for the larger share of the robotic process automation market. However, the cloud-based deployment segment is slated to register the highest CAGR during the forecast period. The rapid evolution of new avenues for cloud-based deployments, the superior flexibility offered by cloud-based deployments, and the increasing incorporation of cloud-based solutions by small & medium-sized enterprises are expected to support the growth of this segment.

Based on organization size, the robotic process automation market is segmented into large enterprises and small & medium-sized enterprises. In 2023, the large enterprises segment is expected to account for the larger share of the robotic process automation market. The large market share of this segment is attributed to the strong IT infrastructure of large enterprises, the management of robotic process automation platforms by skilled IT personnel, and the growing adoption of advanced technologies such as cloud, AI, and machine learning. However, the small & medium-sized enterprises segment is slated to register the highest CAGR during the forecast period.

Based on application, the robotic process automation market is segmented into administration and reporting, customer account management, employee onboarding, data validation, invoice processing, data migration and capture extraction, and other applications. In 2023, the customer account management segment is expected to account for the largest share of the robotic process automation market. The large market share of this segment is attributed to the growing adoption of robotic process automation in the BFSI sector, the rising demand for automation in business processes, and the rising adoption of virtual banking tools to enhance the overall user experience. Also, this segment is slated to register the highest CAGR during the forecast period.

Based on geography, the global robotic process automation market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the global robotic process automation market. North America’s large market share is attributed to the growing demand for cloud-based robotic process automation solutions, the growing adoption of advanced technologies, and the surging usage of robotic process automation in the BFSI and retail sectors. However, Asia-Pacific is also projected to register the highest CAGR during the forecast period.

The key players operating in the robotic process automation market are UiPath, Inc. (U.S.), Automation Anywhere, Inc. (U.S.), Pegasystems Inc. (U.S.), Blue Prism Group plc (U.K.), Celaton Limited (U.K.), OnviSource, Inc. (U.S.), Kofax Inc. (U.S.), FPT Software Company Limited (Vietnam), EdgeVerve Systems Limited (India), NICE Ltd. (Israel), IBM Corporation (U.S.), Verint Systems Inc. (U.S.), AutomationEdge Technologies, Inc. (U.S.), Appian Corporation (U.S.), and EPSoft Technologies (U.S.).

Key questions answered in the report-

Which are the high-growth market segments in terms of offering, type, deployment mode, organization size, application, and sector?
What is the historical market for robotic process automation across the globe?
What are the market forecasts and estimates for the period of 2023–2030?
What are the major drivers, restraints, and opportunities in the global robotic process automation market?
Who are the major players in the global robotic process automation market, and what share of the market do they hold?
Who are the major players in various countries, and what share of the market do they hold?
How is the competitive landscape?
What are the recent developments in the global robotic process automation market?
What are the different strategies adopted by the major players in the global robotic process automation market?
What are the geographical trends and high-growth countries?
Who are the local emerging players in the global robotic process automation market, and how do they compete with the other players?

Scope of the Report

Robotic Process Automation Market, by Offering

Software
Hardware
Consulting Services
Implementation & Development Services
Training Services

Robotic Process Automation Market, by Type

Attended RPA
Unattended RPA
Hybrid RPA

Robotic Process Automation Market, by Organization Size

Large Enterprises
Small & Medium-sized Enterprises

Robotic Process Automation Market, by Deployment Mode

On-premise Deployment
Cloud-based Deployment

Robotic Process Automation Market, by Application

Administration and Reporting
Customer Account Management
Employee Onboarding
Data Validation
Invoice Processing
Data Migration and Capture Extraction
Other Applications

Robotic Process Automation Market, by Sector

BFSI
IT & Telecommunications
Retail
Manufacturing
Healthcare
Transportation & Logistics
Government & Public Sector
Other Sectors

Robotic Process Automation Market, by Geography

North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Singapore
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Israel
Rest of the Middle East & Africa

Robotic Process Automation Market - Report Summary

Report Metrics	Details
Years Considered	2021 - 2030
Base Year	2022
Forecast Period	2023-2030
Page Count	264
Units Referenced	Value (USD Million)
Segments/Key Topics	Market by Offering, Type, Organization Size, Deployment Mode, Application, Sector, and Geography
Regions Covered	North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa
Key Companies Mentioned	UiPath, Inc. (U.S.), Automation Anywhere, Inc. (U.S.), Pegasystems Inc. (U.S.), Blue Prism Group plc (U.K.), Celaton Limited (U.K.), OnviSource, Inc. (U.S.), Kofax Inc. (U.S.), FPT Software Company Limited (Vietnam), EdgeVerve Systems Limited (India), NICE Ltd. (Israel), IBM Corporation (U.S.), Verint Systems Inc. (U.S.), AutomationEdge Technologies, Inc. (U.S.), Appian Corporation (U.S.), and EPSoft Technologies (U.S.).

FAQs About the Report

What is the revenue generated from the sales of robotic process automation across the globe? At what rate is their demand expected to grow for the next 5–7 years?

The robotic process automation market is projected to reach $35.9 billion by 2030, at a CAGR of 20.2% during the forecast period.

Which sector segment is expected to hold the major share of the market in 2023?

In 2023, the BFSI segment is expected to account for the largest share of the robotic process automation market. The large market share of this segment is attributed to the rise in fraudulent activities, the increasing adoption of robotic process automation solutions for various financial processes, and the rising demand for fraud detection.

What are the key factors driving the growth of the robotic process automation market? What are the major opportunities for existing market players and new entrants in the market?

The growth of the robotic process automation market is driven by the growing demand for automation in business processes, the growing adoption of advanced technologies such as cloud, AI, and machine learning, and the rising demand for robotic process automation solutions in the BFSI sector.

Furthermore, the rising adoption of RPA-enabled self-learning conversational chatbots and the growing adoption of robotic process automation solutions in the healthcare sector are expected to offer significant growth opportunities for the players in this market.

What are the major players operating in the robotic process automation market?

The key players operating in the robotic process automation market are UiPath, Inc. (U.S.), Automation Anywhere, Inc. (U.S.), Pegasystems Inc. (U.S.), Blue Prism Group plc (U.K.), Celaton Limited (U.K.), OnviSource, Inc. (U.S.), Kofax Inc. (U.S.), FPT Software Company Limited (Vietnam), EdgeVerve Systems Limited (India), NICE Ltd. (Israel), IBM Corporation (U.S.), Verint Systems Inc. (U.S.), AutomationEdge Technologies, Inc. (U.S.), Appian Corporation (U.S.), and EPSoft Technologies (U.S.

Which regions/countries are expected to witness significant demand for robotic process automation in the coming years?

At present, North America dominates the robotic process automation market. However, Germany, Japan, China, India, South Korea, and the U.K. are expected to witness strong growth in demand for robotic process automation in the coming years.