The Robotic Process Automation market witnesses a steep growth in its value. Rising demand for rule-based, consistent, and data-driven tasks is a major driving force behind the market rise. Besides, growing investments in developing an innovative RPA ecosystem provide huge impetus to the market progress. Rising automation and digitization across industries drive the adoption of RPA services.
Advances in robotics and manufacturing techniques allow a continual revenue rise in the market. With increasing uptake of the combination of RPA and partner success tools to elevate solution offerings to provide customers with additional returns on investment (ROIs), the market is likely to garner significant traction over the next few years.
In this regard, Market Research Future (MRFR) confirms that the global robotic process automation market is expected to grow to 2,700 MN by 2023, posting 29% CAGR during the review period (2018-2023). Additionally, growing robotic transformations needs substantiate the growth of the market.
RPA developers make substantial investments into developing a unique vendor partner program that helps managed service providers (MSPs) drive high profits with a combination of RPA tools and business strategies.
Furthermore, such partner success programs benefit MSPs with the full extent of RPA product line-up, joint business initiatives, and free bot licenses. They develop technologies that can help teams leverage their technical and business expertise to help MSPs grow their RPA portfolio and expand their respective markets on a global and local level.
Get Sample Report @ https://www.marketresearchfuture.com/sample_request/2209
Global Robotic Process Automation Market - Segments
The report is bifurcated into type, process, operation, industry, and regions. The process segment is bifurcated into automated solutions, decision support & management solutions, and others. The type segment is bifurcated into articulated, Cartesian SCARA, 6-axis robots, redundant, delta, parallel, dual-arm, and others.
The operation segment is bifurcated into rule-based operations and knowledge-based operations. The industry segment is bifurcated into IT & telecommunication, manufacturing & logistics, and others. The region segment is bifurcated into North Europe, America, Asia-Pacific, and the-rest-of-the-world.
Robotic Process Automation Market - Regional Analysis
North America accounts for a significant share in the global robotic process automation market. The strong presence of notable players and well-established development centers boost the market share, allowing the early adoption of advanced technologies and robotic transformation. Moreover, substantial investments made into the development of automation technologies and services increase the market shares.
Robotic Process Automation Market - Competitive Analysis
Fiercely competitive, the RPA market appears fragmented due to the competitive landscape formed by many large and small players and new entrants. Product launch, agreement & partnership, M&A, and expansion are some of the strategic initiatives traced from the recent proceedings in the market.
Major Players:
Players leading the RPA market are Celaton Ltd. (UK), Automation Anywhere (US), Blue Prism (UK), Pegasystems (US), Ipsoft (US), Nice Systems Ltd. (Israel), Verint (US), Redwood Software (US), Xerox Corporation (US), and Uipath (Romania), among others.
Industry/Innovation/Related News:
Nov. 19, 2021 --- ElectroNeek, a leading RPA vendor, announced its partnership with Initium SoftWorks LLC (ISW) to expand its reach as an RPA vendor for managed service providers (MSPs) in North America.
ISW works on equipping the MSP with an innovative RPA ecosystem designed to drive RPA revenue growth and SaaS Orchestrator and marketing and sales initiatives in the form of industry-leading partner success tools.
The collaboration would enable ElectroNeek to take its Intelligent Processing Automation portfolio to the next level. The partnership would also add yet another significant North American MSP to the ElectroNeek partner network
Browse Complete Report @ https://www.marketresearchfuture.com/reports/robotic-process-automation-market-2209
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: [email protected]
Website: https://www.marketresearchfuture.com