IT Robotic Automation Market By Component (Tools, Services) – Growth, Future Prospects And Competitive Analysis, 2019 – 2027

The Growing Need Among Organizations to Reduce the Cost of Operation and Enhance Operational Efficiency is Driving the Growth of the I.T. Robotic Automation Market

Globally, the I.T. robotic automation market is set to grow with a CAGR of 27.5% through the forecast period. The growing need among organizations to reduce the cost of operations and enhance operational and business performance is driving market growth. Furthermore, as the competition among the market players is increasing and the business models are changing, the organization are shifting towards automation solutions, especially in conjunction with artificial intelligence and analytical technologies. These solutions automate mundane, time-consuming tasks and enhance the reliability and efficiency of the outcome.

The growing adoption of robotics automation technology in the I.T. sector for financial and accounting applications is also among the major factors driving the market growth. Furthermore, technological improvement in robotics automation and the development of intelligent algorithms is also serving as major driver of market growth. Nonetheless, the data safety and security issues associated with the use of robotic automation solutions pose a major inhibitor in the market growth.

Market Synopsis

Services are Estimated to Grow Significantly During the Forecast Period  

The I.T. robotic automation market is categorized based on the component of tools and services. The tools market accounted for more than 65% share of the overall revenue in 2018. The growth of the market is driven by the wide-scale adoption of robotics tools for business process optimization. The tools market is further segmented into process-based tools and model-based tools. On the other hand, the service market is estimated to grow significantly during the forecast period. The growth of the market is driven by the growing adoption of professional and consulting services across the I.T. sector.

North America is Leading the I.T. Robotic Automation Market       

North America dominated the I.T. robotic automation market, with a market share of more than 45% in 2018. The growth of the market is driven by the increasing adoption of automation technologies across enterprises. Increasing venture capital investment in the A.I., along with other analytics technologies, is also a major driver of the market growth in the region. Additionally, the early adoption of I.T. robotic automation technologies in the region is supporting market growth.

The major vendors in the I.T. robotic automation market are Appian Corporation, Accenture PLC, Automation Anywhere Inc, Blue Prism, Be Informed B.V., Cognizant Technology Solutions Corp, Sutherland Global Services, Genpact Ltd, Genfour, Hewlett Packard Company, Ipsoft Inc, Infosys Limited, and Tata Consultancy.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The I.T. robotic automation market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global I.T. robotic automation market based on components and geography.

Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global ITRA Market
2.1.1 Global ITRA Market, by Component, 2018 (US$ Mn)
2.1.2 Global ITRA Market, by Geography, 2018 (US$ Mn)

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Driver 1
3.2.1.2 Driver 2
3.2.1.3 Driver 3
3.2.2 Market Restraint
3.2.2.1 Restraint 1
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key ITRA Vendors, 2018

Chapter 4 Global IT Robotic Automation (ITRA) Market, by Component
4.1 Overview
4.1.1 Global ITRA Market Value Share, by Component, 2018 & 2027 (Value, %)
4.2 Tools
4.2.1 Global ITRA Market Value from Tools, 2017 – 2027(US$ Mn)
4.2.2 Model Based
4.2.2.1 Global ITRA Market Value from Model Based, 2017 – 2027(US$ Mn)
4.2.3 Process Based
4.2.3.1 Global ITRA Market Value from Process Based, 2017 – 2027(US$ Mn)
4.3 Services
4.3.1 Global ITRA Market Value from Service, 2017 – 2027(US$ Mn)
4.3.2 Professional Service
4.3.2.1 Global ITRA Market Value from Professional Service, 2017 – 2027(US$ Mn)
4.3.3 Consulting
4.3.3.1 Global ITRA Market Value from Consulting, 2017 – 2027(US$ Mn)
4.3.4 BPO
4.3.4.1 Global ITRA Market Value from BPO, 2017 – 2027(US$ Mn)

Chapter 5 North America IT Robotic Automation (ITRA) Market Analysis, 2017 – 2027 (US$ Mn)
5.1 Overview
5.2 North America ITRA Market Analysis, by Component, 2017 – 2027 (US$ Mn)
5.2.1 Market Analysis
5.3 North America ITRA Market, by Country, 2017 – 2027 (US$ Mn)
5.3.1 Market Analysis
5.3.2 U.S.
5.3.2.1 U.S. ITRA Market Value, by Component, 2017 – 2027 (US$ Mn)
5.3.3 Canada
5.3.3.1 Canada ITRA Market Value, by Component, 2017 – 2027 (US$ Mn)

Chapter 6 Europe IT Robotic Automation (ITRA) Market Analysis, 2017 – 2027 (US$ Mn)
6.1 Overview
6.2 Europe ITRA Market Analysis, by Component, 2017 – 2027 (US$ Mn)
6.2.1 Market Analysis
6.3 Europe ITRA Market, by Country, 2017 – 2027 (US$ Mn)
6.3.1 Market Analysis
6.3.2 U.K.
6.3.2.1 U.K. ITRA Market Value, by Component, 2017 – 2027 (US$ Mn)
6.3.3 Germany
6.3.3.1 Germany ITRA Market Value, by Component, 2017 – 2027 (US$ Mn)
6.3.4 France
6.3.4.1 France ITRA Market Value, by Component, 2017 – 2027 (US$ Mn)
6.3.5 Rest of Europe
6.3.5.1 Rest of Europe ITRA Market Value, by Component, 2017 – 2027 (US$ Mn)

Chapter 7 Asia Pacific IT Robotic Automation (ITRA) Market Analysis, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 Asia Pacific ITRA Market Analysis, by Component, 2017 – 2027 (US$ Mn)
7.2.1 Market Analysis
7.3 Asia Pacific ITRA Market, by Country, 2017 – 2027 (US$ Mn)
7.3.1 Market Analysis
7.3.2 China
7.3.2.1 China ITRA Market Value, by Component, 2017 – 2027 (US$ Mn)
7.3.3 Japan
7.3.3.1 Japan ITRA Market Value, by Component, 2017 – 2027 (US$ Mn)
7.3.4 India
7.3.4.1 India ITRA Market Value, by Component, 2017 – 2027 (US$ Mn)
7.3.5 Rest of Asia Pacific
7.3.5.1 Rest of Asia Pacific ITRA Market Value, by Component, 2017 – 2027 (US$ Mn)

Chapter 8 Rest of the World (RoW) IT Robotic Automation (ITRA) Market Analysis, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 RoW ITRA Market Analysis, by Component, 2017 – 2027 (US$ Mn)
8.2.1 Market Analysis
8.3 RoW ITRA Market, by Country (US$ Mn)
8.3.1 Market Analysis
8.3.2 Middle East & Africa (MEA)
8.3.2.1 MEA ITRA Market Value, by Component, 2017 – 2027 (US$ Mn)
8.3.3 Latin America
8.3.3.1 Latin America ITRA Market Value, by Component, 2017 – 2027 (US$ Mn)

Chapter 9 Company Profiles
9.1 Accenture PLC
9.2 Appian Corporation
9.3 Automation Anywhere Inc.
9.4 Be Informed B.V.
9.5 Blue Prism
9.6 Cognizant Technology
9.7 Genfour
9.8 Genpact Ltd
9.9 Hewlett Packard Company
9.10 Infosys Limited
9.11 IPSOFT Inc.
9.12 Sutherland Global Services
9.13 Tata Consultancy

List of Figures

FIG. 1 Global IT Robotic Automation Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global IT Robotic Automation Market Segmentation
FIG. 4 Global IT Robotic Automation Market, by Component, 2018 (US$ Mn)
FIG. 5 Global IT Robotic Automation Market, by Geography, 2018 (US$ Mn)
FIG. 6 Attractive Investment Proposition, by Geography, 2018
FIG. 7 Market Positioning of Key IT Robotic Automation Vendors, 2018
FIG. 8 Global IT Robotic Automation Market Value Share, by Component, 2018 & 2027 (Value, %)
FIG. 9 Global IT Robotic Automation Market Value from Tools, 2017 – 2027(US$ Mn)
FIG. 10 Global IT Robotic Automation Market Value from Model Based, 2017 – 2027(US$ Mn)
FIG. 11 Global IT Robotic Automation Market Value from Process Based, 2017 – 2027(US$ Mn)
FIG. 12 Global IT Robotic Automation Market Value from Services, 2017 – 2027(US$ Mn)
FIG. 13 Global IT Robotic Automation Market Value from Professional Service, 2017 – 2027(US$ Mn)
FIG. 14 Global IT Robotic Automation Market Value from Consulting, 2017 – 2027(US$ Mn)
FIG. 15 Global IT Robotic Automation Market Value from BPO, 2017 – 2027(US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global IT Robotic Automation Market Value
TABLE 2 North America IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 3 North America IT Robotic Automation Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 4 U.S. IT Robotic Automation Market Value, by Component2017 – 2027 (US$ Mn)
TABLE 5 Canada IT Robotic Automation Market Value, by Component2017 – 2027 (US$ Mn)
TABLE 6 Europe IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 7 Europe IT Robotic Automation Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 8 U.K. IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 9 Germany IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 10 France IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 11 Rest of Europe IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 12 Asia Pacific IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 13 Asia Pacific IT Robotic Automation Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 14 China IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 15 Japan IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 16 India IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 17 Rest of Asia Pacific IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 18 RoW IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 19 RoW IT Robotic Automation Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 20 MEA IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 21 Latin America IT Robotic Automation Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 22 Accenture PLC: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 23 Appian Corporation: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 24 Automation Anywhere Inc.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 25 Be Informed B.V.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 26 Blue Prism: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 27 Cognizant Technology: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 28 Genfour: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 29 Genpact Ltd: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 30 Hewlett Packard Company: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 31 Infosys Limited: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 32 IPSOFT Inc.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 33 Sutherland Global Services: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 34 Tata Consultancy: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)