Global IT Robotic Automation Market Precise Study on Factors, Market Drivers and Key Players Strategies Analyzed Till 2024

Posted on 2018-04-06 by Mark Hub in Technology // 0 Comments

Albany, USA, 2018-Apr-06 — /EPR Network/ —In order to study the various trends and patterns prevailing in the overall market for IT Robotic Automation Market Research Reports Search Engine (MRRSE) has included a new report titled “IT Robotic Automation Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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The global IT robotic automation market is anticipated to witness a tremendous rate of growth in the coming years,. The report throws light on the highly competitive vendor landscape of the market. It finds that the global IT robotic automation market is characterized by the presence of established vendors that are offering innovative solutions at competitive prices, and are vying for the top market spot and revenue. Leading market participants include Blue Prism, Tata Consultancy Services Limited., UiPath SRL, Sutherland Global Services, Inc., and Infosys Limited.

The global market for IT robotic automation is anticipated to reach a valuation of US$16,884.0 mn by the end of 2024. The market is slated to exhibit a whopping 47.1% CAGR over the forecast period of 2016 to 2024.

Early Adoption of Technology to Propel North America to Forefront

On the basis of type of solutions, the overall IT robotic automation market is segmented into tools and services. Among these, the services segment currently holds the leading market share and is expected to continue its lead throughout the forecast period. Regionally, the North America market for IT robotic automation held the major share in 2015, in terms of revenue. The dominance of the regional market is primarily attributed to a large number of early adopters and the growth is likely to be fueled by substantial advances being made in computing technologies.

Rapid developments in computing technologies in North America indicates that the region will continue seeing substantial growth in IT robotic automation in the coming years as well. Additionally, the rising IT and IT-related services are likely to result in surge in the uptake of automation services in the region in the next few years.

Proliferation of Automation to Offer Tangible Opportunity to Vendors

Automation enables to accomplish a given task with negligible errors, precision and low human efforts. This has resulted in its uptake in various sectors to make the operations more nimble. This has resulted in boosting the growth of the global IT robotic automation market. Appreciable advancement in the technology with respective IT robotic automation reduces the inaccuracy and boosts the efficiency. Similarly, factors such as growing acknowledgment in accounting and finance sector, High product innovation,

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Due to the high degree of flexibility and scalability of the solution, and greater requirement for data processing and workflow management, it has witnessed widespread deployment in different business environments. The availability of an automated solution that is viable for large-scale deployment in data management is a major driver for the market growth. Furthermore, the uptake of robotic automation tools and services has led to a significant reduction of infrastructure headcount. The rising share of robotic automation in big data analytics to leverage never-seen-before benefits is anticipated to unlock exciting opportunities for manufacturers and vendors in the market.

The report also highlights the competitive landscape of the IT robotic automation market, positioning all the major players according to their geographic presence, solutions/services offered, focus on research and development, and recent developments. The comprehensive IT robotic automation market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the IT robotic automation market’s growth.

The IT robotic automation market involves robotic automation technology providers and robotic automation service providers. The major providers of IT robotic automation includes 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. Details such as financials, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

The IT Robotic Automation market is segmented as below:

IT Robotic Automation Market

By Solution

Tools
Services

By Tools

Model Based
Process Based

By Services

Professional
- Consulting
- Integration and Development
- BPO
Training

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