The IT Robotic Automation Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2016 to 2027. The structured analysis contains graphical as well as a diagrammatic representation of the global IT Robotic Automation Market with its specific geographical regions.
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“IT Robotic Automation Market size was valued at USD 1.57 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 32.8% from 2021 to 2028”
Top leading Companies Profiled in IT Robotic Automation Market Report are Blue Prism, IPSoft, Be Informed, Appian Corporation, Automation Anywhere, Interactive Media, IBM, BMC, Sutherland Global Service (SGS), TCS (Tata Group)
News and Latest Developments
TCS Launches Robotic Automation Solutions to Accelerate Digital Transformation in the Semiconductor Industry– NEW YORK | MUMBAI, August 9, 2019: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that it has launched new Robotic Process Automation (RPA) solutions that leverage the power of analytics to drive greater accuracy and better quality in chip fabrication, and help semiconductor companies accelerate their digital transformation journeys.
SDLC Partners Launches New Robotics Process Automation Lab– SDLC Partners, L.P. has launched a new lab focused on Robotic Process Automation (RPA). This new lab is part of their growth strategy bringing the latest technologies showing efficacy for cutting costs, increasing operational efficiencies, and improving customer experiences.
Micro Focus launches new robotic process automation product– Software development company, Micro Focus, has launched a new Robotic Process Automation (RPA) product, which it says is a ‘scalable and resilient solution designed to increase enterprise productivity’.
July 14, 2021 Startek Announces Collaboration with Automation Anywhere to Strengthen its Robotic Process Automation Capabilities– GREENWOOD VILLAGE, Colo. & MUMBAI, India–(BUSINESS WIRE)–Startek (NYSE: SRT), a global provider of customer experience management solutions, announced a strategic collaboration with Automation Anywhere™, a global leader in cloud robotic process automation (RPA). By joining forces, Startek, along with Automation Anywhere, will implement AI-powered RPA capabilities across its customer experience (CX) value chain by efficiently catering to the growing demand from its partners.
Feb 2020 – Automation Anywhere launched one of the first integrated artificial intelligence (AI)-driven process discovery solution that discovers business processes and creates bots to automate them. Automation Anywhere Discovery Bot uses AI and machine learning to automatically capture and analyze user actions to uncover common, repetitive process steps, as employees navigation between business applications.
Market Overview
The United States, which is among the leading innovators and pioneers in terms of adoption of robotics, is one of the largest markets. Robot use in the region continues to grow, which is helping make the US companies more competitive and leading to new job growth. Further, according to the Robotic Industries Association (RIA), the most significant driver of the year-to-date growth of industrial robots was an 83% increase in units purchased by automotive OEMs for process automation.
The 2018 Management Agenda and the Fiscal Year 2020 United States Budget Plan called out RPA as a tool for agencies to use and explore to address staffing and budgeting issues to deliver better services to the public. Also, the government announced its plans to utilize RPA in the OMB memorandum 18-23 (M-18-23). In May 2019, OMB issued a memorandum that stated that work performed by a software robot should be secure and is as critical and important as the work done by the employees of the government.
Market Research Study Focus on these Types:
Tools
Services
Market Research Study Focus on these Applications:
Banking
Utilities
Healthcare
Other
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Regional Analysis:
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
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Key Takeaways from IT Robotic Automation Report
─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals
─Understand the different dynamics influencing the IT Robotic Automation market – key driving factors, challenges and hidden opportunities.
─Get in-depth insights on your competitor performance – IT Robotic Automation market shares, strategies, financial benchmarking, product benchmarking, SWOT and more
─Analyze the sales and distribution channels across key geographies to improve top-line revenues.
─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the IT Robotic Automation
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In conclusion, the IT Robotic Automation market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the IT Robotic Automation Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.
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