GLOBAL IT ROBOTIC AUTOMATION MARKET FORECAST 2018-2026

  • You are here:
  • Home
  • Reports
  • GLOBAL IT ROBOTIC AUTOMATION MARKET FORECAST 2018-2026

GLOBAL IT ROBOTIC AUTOMATION MARKET FORECAST 2018-2026

The global it robotic automation market is expected to grow at a CAGR of 43.01% during the years 2018-2026. The market is majorly driven by the various benefits of RPA technology in the growing data-driven industries. Adoption of RPA technologies is majorly driven by the increasing demand from the BPO and e-commerce industry. The IT robotic automation market is primarily driven by following factors:

GLOBAL IT ROBOTIC AUTOMATION MARKET FORECAST 2018-2026

Global It Robotic Automation Market by Tools (Model-Based Application Automation, Process-Based Automation) by Technology(Back Office Data-Driven Process Market, Voice Recognition Market, Digital Detection Market, Remote Infrastructure Management Market, IVR Systems Market, Internet Retailers and Service Provider Market) by Services (Professional Market, Training Services) & by Geography

Request free sample

The global it robotic automation market is expected to grow at a CAGR of 43.01% during the years 2018-2026. The market is majorly driven by the various benefits of RPA technology in the growing data-driven industries. Adoption of RPA technologies is majorly driven by the increasing demand from the BPO and e-commerce industry. The IT robotic automation market is primarily driven by following factors:

  • Increase in product invention
  • Tremendous substitute for offshore outsourcing
  • Migration of Huge amount of data using RPA applications
  • Increasing opportunities for RPA tools in finance and accounting sector
  • Sluggish growth in industrial engineering
  • High rate adoption of technology by the SMES

Global IT Robotics Automation Market

To learn more about this report, request a free sample copy

The important driver increasing growth in the global IT robotic automation market is high product innovation. Advanced and innovative technologies in this field is leading growth in the market and is also evidently promising development of small and large companies. From start-ups to large companies, the biggest drivers are the leaps precision sensors, intelligent software, end-effectors technology, embedded control, and human-robot interaction.

The robotic automation market technologies are used extensively for various purposes. Robots are significantly replacing human workforce with a virtual workforce. The fundamental workforce also functions differently to human complements. It has huge scope in the future since software robots do not become bored or tired unlike human beings so in relations of pure transactional handling they achieve far more effectiveness. Voice recognition software skills need hardware to convey the signals in addition to decrease ambient clatter. With the significant rise in the volume and range of enterprise information assets has made them vulnerable to external and internal frauds and attacks. As a result, there is a huge demand for digital detection systems in the market to safeguard public and private properties. Remote Infrastructure Management (RIM) allows a company to lessen IT expenses and advance faster and more malleable service. IVR Systems Monitoring Service is a process that makes the verification of different aspects of the call that influence user experience in an IVR system.

Security concerns is the major factors hindering the IT robotic automation market globally. Robotic research is failing today due to the increasing number and strength of hackers. By 2020, it is expected that hackers could easily hamper industry safeguards in robotic cybersecurity to a great extent. Hackers have led to the frequently disrupted corporate operations and manufacturing processes. It has also hampered product quality and stolen crucial information by hacking the industrial robots.

The global it robotic automation market segments include tools, technologies, and services.

Tools are segmented into:

  • Model-Based Application
  • Process-Based Application

Technologies are segmented into:

  • Voice recognition
  • Digital detection market
  • Back office data-driven process
  • IVR systems
  • Internet retailers and services provider
  • Remote infrastructure management

Services are segmented into:

  • Professional market
    • Consulting market
    • Integration and development market
      • Application management services
      • Infrastructure management services
    • BPO market
  • Training services

The report covered the present market conditions and the growth prospects of the global IT robotic automation market for the forecasting years 2018-2026 and considered the revenue generated through the sales of IT robotic automation for tools, technologies, and services to calculate the market size by considering 2017 as the base year.

Geographically, the global IT robotic automation market has been segmented on the basis of four major regions, which include:

The IT robotic automation market in North America is expected to hold the largest share by 2026, owing to the high demand for the financial application. However, from the end-user segment, the demand for smarter data integration is also high as they enable to minimize cost. The IT robotic automation is widely used where an enterprise is distributed in multiple resourcing, and the company is intended to get faster control over the resourcing. In North America, manufacturing companies are showing good interest in monitoring operations, notification or alert. The global IT robotics automation market is expected to contribute significantly in North America due to the growing demand for virtual workforce. On the other hand, Asia-Pacific market is anticipated to the fastest-growing region for the IT robotic automation market.

The IT robotic automation market by tools is segmented into process-based application, model-based application. The services market is sub-divided into training services and professional services. The robotic process automation products and services are adopted globally to interpret and capture prevailing applications for manipulating data, triggering responses processing a transaction, and communicating with other digital systems. Process automation enhances procurement, supply chain management, accounting, data entry, and back-office tasks in finance, purchase order issuing, customer service and human resources, the creation of online access and so on. Global IT robotics automation professional market offers a methodology that promotes a robust framework to introduce, manage and control the virtual workforce in an organization.

The key companies in the IT robotic automation market are:

  • BLUE PRISM
  • HITACHI
  • TOSHIBA
  • GOOGLE INC.
  • GE

Company Profiles covers analysis of important players.

Blue Prism caters to sectors like financial services, utilities, telecommunications, government, and retail sectors. GE operates in many segments such as Energy, Power, Oil and gases, appliances, healthcare, capital, aviation, pharmaceutical, software development, and transportations. Through these businesses, GE participates in markets that include transmission, generation, and distribution of energy, automation, medical imaging, aircraft engines, motors and aviation industries.

Key Findings of the global it robotic automation market:

  • Migration to the cloud and virtual workforce: a big opportunity for RPA
  • Asia Pacific set to grow at highest CAGR
  • Product innovation is the key winning strategy
  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • MIGRATION TO CLOUD AND VIRTUAL WORKFORCE: A BIG OPPORTUNITY FOR RPA
      • ASIA PACIFIC SET TO GROW AT HIGHEST CAGR
      • PRODUCT INNOVATION IS THE KEY WINNING STRATEGY
  1. MARKET OVERVIEW
    • MARKET DRIVERS
      • INCREASE IN PRODUCT INVENTION
      • TREMENDOUS SUBSTITUTE TO OFFSHORE OUTSOURCING
      • HUGE AMOUNT OF DATA MIGRATION USING RPA APPLICATIONS
      • INCREASING OPPORTUNITIES FOR RPA TOOLS IN FINANCE AND ACCOUNTING SECTOR
      • SLUGGISH GROWTH IN INDUSTRIAL ENGINEERING
      • HIGH RATE ADOPTION OF THE TECHNOLOGY BY THE SMES
    • MARKET RESTRAINTS
      • SECURITY CONCERNS
      • EXISTING BPO CONTRACTS RESTRICTS GROWTH IN THE SECTOR
      • SOCIAL IMPLICATION OF RELEASING PEOPLE FROM THEIR ROLES
  1. MARKET SEGMENTATION
    • MARKET BY TOOLS 2018-2026
      • PROCESS-BASED AUTOMATION
      • MODEL-BASED APPLICATION AUTOMATION
    • MARKET BY TECHNOLOGY 2018-2026
      • BACK OFFICE DATA DRIVEN PROCESS MARKET
      • VOICE RECOGNITION MARKET
      • DIGITAL DETECTION MARKET
      • REMOTE INFRASTRUCTURE MANAGEMENT MARKET
      • IVR SYSTEMS MARKET
      • INTERNET RETAILERS AND SERVICE PROVIDER MARKET
    • MARKET BY SERVICES 2018-2026
      • PROFESSIONAL MARKET
        • CONSULTING MARKET
        • BPO MARKET
        • INTEGRATION AND DEVELOPMENT MARKET
          • APPLICATION MANAGEMENT SERVICES
          • INFRASTRUCTURE MANAGEMENT SERVICES
        • TRAINING SERVICES
  1. KEY ANALYTICS
    • PORTERS 5 FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE PRODUCTS OR SERVICES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • TOP THREE MARKET TRENDS
      • PRODUCT INNOVATION
      • INCREASING ADOPTION IN SMALL AND MID-SIZED COMPANIES
      • EMERGENCE OF ARTIFICIAL INTELLIGENCE TECHNIQUES
    • TOP THREE COUNTRIES
      • CHINA
      • INDIA
      • US
    • TOP MARKET ANALYSIS
      • BPO SERVICES
      • BACK OFFICE DATA DRIVEN PROCESS
  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • FRANCE
      • GERMANY
      • SPAIN
      • ITALY
      • REST OF EUROPE
    • ASIA PACIFIC
      • INDIA
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF THE WORLD
      • LATIN AMERICA
      • MIDDLE-EAST AND NORTH AFRICA
      • REST OF AFRICA
  1. COMPANY PROFILES
    • BLUE PRISM
      • OVERVIEW
      • PRODUCTS PORTFOLIO
      • STRATEGIC MOVES
      • SCOT ANALYSIS
    • BE INFORMED B.V.
      • OVERVIEW
      • PRODUCTS PORTFOLIO
      • SCOT ANALYSIS
    • APPIAN CORPORATION
      • OVERVIEW
      • PRODUCTS PORTFOLIO
      • STRATEGIC MOVES
      • SCOT ANALYSIS
    • IPSOFT, INC.
      • OVERVIEW
      • PRODUCTS PORTFOLIO
      • STRATEGIC MOVES
      • SCOT ANALYSIS
    • TATA CONSULTANCY SERVICES LIMITED (TCS)
      • OVERVIEW
      • PRODUCTS PORTFOLIO
      • SCOT ANALYSIS
    • HITACHI
      • OVERVIEW
      • PRODUCTS PORTFOLIO
      • STRATEGIC MOVES
      • SCOT ANALYSIS
    • TOSHIBA
      • OVERVIEW
      • PRODUCTS PORTFOLIO
      • SCOT ANALYSIS
    • GOOGLE INC.
      • OVERVIEW
      • PRODUCTS PORTFOLIO
      • STRATEGIC MOVES
      • SCOT ANALYSIS
    • GE
      • OVERVIEW
      • PRODUCTS PORTFOLIO
      • SCOT ANALYSIS
    • GENPACT INC.
      • OVERVIEW
      • PRODUCTS PORTFOLIO
      • STRATEGIC MOVES
      • SCOT ANALYSIS

 

LIST OF TABLES

TABLE 1       GLOBAL IT ROBOTIC AUTOMATION MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 2       INNOVATION IN ROBOTIC AUTOMATION TECHNOLOGY

TABLE 3       DIFFERENT DEPARTMENTS IN AN ORGANIZATION IMPLEMENTING RPA

TABLE 4       SEVEN POTENTIAL HAZARDS WITHIN ROBOTIC WORK CELLS

TABLE 5       GLOBAL IT ROBOTIC AUTOMATION MARKET BY TOOLS 2018-2026 ($ MILLION)

TABLE 6       GLOBAL IT ROBOTIC AUTOMATION MARKET IN MODEL BASED APPLICATION AUTOMATION BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 7       GLOBAL IT ROBOTIC AUTOMATION MARKET IN PROCESS BASED AUTOMATION BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 8       GLOBAL IT ROBOTIC AUTOMATION MARKET BY TECHNOLOGY 2018-2026($ MILLION)

TABLE 9       GLOBAL IT ROBOTIC AUTOMATION MARKET IN BACK OFFICE DATA DRIVEN PROCESS, BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 10     GLOBAL IT ROBOTIC AUTOMATION MARKET IN VOICE RECOGNITION BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 11     GLOBAL IT ROBOTIC AUTOMATION MARKET IN DIGITAL DETECTION BY GEOGRAPHY 2018-2026($ MILLION)

TABLE 12     GLOBAL IT ROBOTIC AUTOMATION MARKET IN REMOTE INFRASTRUCTURE MANAGEMENT BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 13     GLOBAL IT ROBOTIC AUTOMATION MARKET IN IVR SYSTEMS BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 14     GLOBAL IT ROBOTIC AUTOMATION MARKET IN INTERNET RETAILERS & SERVICE PROVIDERS BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 15     GLOBAL IT ROBOTIC AUTOMATION MARKET BY SERVICE 2018-2026 ($ MILLION)

TABLE 16     GLOBAL IT ROBOTIC AUTOMATION MARKET IN PROFESSIONAL SERVICES BY TYPES 2018-2026 ($ MILLION)

TABLE 17     GLOBAL PROFESSIONAL SERVICES MARKET IN CONSULTING SERVICE BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 18     GLOBAL PROFESSIONAL SERVICES MARKET IN INTEGRATION AND DEVELOPMENT BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 19     GLOBAL PROFESSIONAL SERVICES MARKET IN INTEGRATION AND DEVELOPMENT BY TYPE 2018-2026 ($ MILLION)

TABLE 20     GLOBAL INTEGRATION AND DEVELOPMENT MARKET IN APPLICATION MANAGEMENT SERVICE BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 21     GLOBAL INTEGRATION AND DEVELOPMENT MARKET IN INFRASTRUCTURE MANAGEMENT SERVICES BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 22      SERVICES OFFERED BY GENPACT’S END-TO-END IT INFRASTRUCTURE

TABLE 23     GLOBAL PROFESSIONAL SERVICES MARKET IN BPO SERVICE BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 24     GLOBAL IT ROBOTIC AUTOMATION MARKET IN TRAINING SERVICE BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 25     GLOBAL IT ROBOTIC AUTOMATION MARKET BY GEOGRAPHY 2018-2026($ MILLION)

TABLE 26     NORTH AMERICA IT ROBOTIC AUTOMATION MARKET BY COUNTRIES 2018-2026 ($ MILLION)

TABLE 27     EUROPE IT ROBOTIC AUTOMATION MARKET BY COUNTRIES 2018-2026 ($ MILLION)

TABLE 28     ASIA PACIFIC IT ROBOTIC AUTOMATION MARKET BY COUNTRIES 2018-2026 ($ MILLION)

TABLE 29     REGULATORY STANDARDS FOR DATA PRIVACY AND SECURITY IN AUSTRALIA

TABLE 30     REST OF THE WORLD IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

LIST OF FIGURES

FIGURE 1     GLOBAL IT ROBOTIC AUTOMATION MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

FIGURE 2     AUTOMATION BENEFITS CURVE

FIGURE 3     COMPARISON BETWEEN TRADITION ONSHORE LABOR, OFFSHORE LABOR AND DIGITAL LABOR

FIGURE 4     RPA TOOLS

FIGURE 5     GLOBAL IT ROBOTIC AUTOMATION MARKET IN MODEL BASED APPLICATION AUTOMATION 2018-2026 ($ MILLION)

FIGURE 6     GLOBAL IT ROBOTIC AUTOMATION MARKET IN PROCESS BASED AUTOMATION 2018-2026 ($ MILLION)

FIGURE 7     GLOBAL IT ROBOTIC AUTOMATION MARKET IN BACK OFFICE DATA DRIVEN PROCESS 2018-2026 ($ MILLION)

FIGURE 8     GLOBAL IT ROBOTIC AUTOMATION MARKET IN DIGITAL DETECTION 2018-2026($ MILLION)

FIGURE 9     GLOBAL IT ROBOTIC AUTOMATION MARKET IN REMOTE INFRASTRUCTURE MANAGEMENT 2018-2026 ($ MILLION)

FIGURE 10   ADVANTAGES OF REMOTE INFRASTRUCTURE MANAGEMENT SOLUTION

FIGURE 11   DIFFERENT ASPECTS THAT NEED VERIFICATION

FIGURE 12   GLOBAL IT ROBOTIC AUTOMATION MARKET IN IVR SYSTEMS 2018-2026 ($ MILLION)

FIGURE 13   GLOBAL IT ROBOTIC AUTOMATION MARKET IN INTERNET RETAILERS & SERVICE PROVIDERS 2018-2026 ($ MILLION)

FIGURE 14   GLOBAL IT ROBOTIC AUTOMATION MARKET IN PROFESSIONAL SERVICES 2018-2026 ($ MILLION)

FIGURE 15   GLOBAL PROFESSIONAL SERVICES MARKET IN CONSULTING SERVICE 2018-2026 ($ MILLION)

FIGURE 16   GLOBAL PROFESSIONAL SERVICES MARKET IN INTEGRATION AND DEVELOPMENT 2018-2026 ($ MILLION)

FIGURE 17   GLOBAL INTEGRATION AND DEVELOPMENT MARKET IN APPLICATION MANAGEMENT SERVICE 2018-2026 ($ MILLION)

FIGURE 18   GLOBAL INTEGRATION AND DEVELOPMENT MARKET IN INFRASTRUCTURE MANAGEMENT SERVICES 2018-2026 ($ MILLION)

FIGURE 19   ADVANTAGES OF RPA IN BPO

FIGURE 20   GLOBAL PROFESSIONAL SERVICES MARKET IN BPO SERVICE 2018-2026 ($ MILLION)

FIGURE 21   GLOBAL IT ROBOTIC AUTOMATION MARKET IN TRAINING SERVICE 2018-2026 ($ MILLION)

FIGURE 22   GLOBAL IT ROBOTIC AUTOMATION MARKET BY GEOGRAPHY 2018-2026($ MILLION)

FIGURE 23   NORTH AMERICA IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 24   UNITED STATES IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 25   CANADA IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 26   UNITED KINGDOM IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 27   FRANCE IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 28   GERMANY IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 29   SPAIN IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 30   ITALY IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 31   REST OF EUROPE IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 32   INDIA IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 33   CHINA IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 34   JAPAN IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 35   SOUTH KOREA IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 36   AUSTRALIA IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 37   REST OF APAC IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 38   LATIN AMERICA IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 39   MIDDLE EAST & NORTH AFRICA IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

FIGURE 40   REST OF AFRICA IT ROBOTIC AUTOMATION MARKET 2018-2026 ($ MILLION)

  1. MARKET SEGMENTATION
    • MARKET BY TOOLS
      • PROCESS-BASED AUTOMATION
      • MODEL-BASED APPLICATION AUTOMATION
    • MARKET BY TECHNOLOGY 2018-2026
      • BACK OFFICE DATA DRIVEN PROCESS MARKET
      • VOICE RECOGNITION MARKET
      • DIGITAL DETECTION MARKET
      • REMOTE INFRASTRUCTURE MANAGEMENT MARKET
      • IVR SYSTEMS MARKET
      • INTERNET RETAILERS AND SERVICE PROVIDER MARKET
    • MARKET BY SERVICES
      • PROFESSIONAL MARKET
        • CONSULTING MARKET
        • BPO MARKET
        • INTEGRATION AND DEVELOPMENT MARKET
          • APPLICATION MANAGEMENT SERVICES
          • INFRASTRUCTURE MANAGEMENT SERVICES
        • TRAINING SERVICES
  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • FRANCE
      • GERMANY
      • SPAIN
      • ITALY
      • REST OF EUROPE
    • ASIA PACIFIC
      • INDIA
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF THE WORLD
      • LATIN AMERICA
      • MIDDLE-EAST AND NORTH AFRICA
      • REST OF AFRICA

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

Choose License Type

Buy Now