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Robotic Desktop Automation (RDA) Market By Service Type (Professional Services, Training Services), By End-use Industry (IT & Telecom, Banking And Financial Services And Insurance (BFSI), Government, Healthcare, Retail, Utilities) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Organizations, in order to cut operational costs and improve profitability, are increasingly adopting robotic desktop automation.

The robotic desktop automation market was worth US$ 611.4 million in 2016 and is expected to be worth US$ XX million in 2026, growing at a CAGR of 28.7% from 2018 to 2026. The benefit of adopting robotic desktop automation can be understood from the fact that it automates rule-based processes. The success of robotic desktop automation depends on how efficiently it is adopted. In the business industry, it is often considered the fourth industrial revolution.

Other benefits of robotic desktop automation include the requirement of no special infrastructure, fast implementation, and automation of multiple processes in a single project, among others. Organizations across the world are adopting robotic desktop automation in order to improve employee productivity, reduce customer effort, and increase operational efficiencies. Robotic desktop automation simplifies the way employees work by integrating and automating technologies and processes. Moreover, robotic desktop automation, by applying algorithms, automates processes that help perform routine tasks formerly carried out by humans. One of the most prominent factors aiding the robotic desktop automation market's growth can be attributed to the increasing focus on the part of both the corporate and manufacturing sectors to cut operation costs and improve profitability. Moreover, the advent of the Internet of Things (IoT) across several industry verticals is further expected to create favorable growth opportunities for the robotic desktop automation market.

Market Synopsis

Partnerships and agreements will continue to be an important strategy for market participants.

Entering into partnerships and agreements is one of the most common strategies adopted by the leading players in the robotic desktop automation market. For instance, Jacada signed a material deal with one of the largest mobile telecommunications operators in America to provide enterprise customer service software solutions. The telecommunications company requires efficient access to the applications of multiple cellular carriers as well as the automation of agents' repetitive tasks.

High initial costs offset market growth.

One of the biggest restraints influencing the market's growth negatively is its inability to apply financial controls (as robotic desktop automation processes are automated). Furthermore, high initial costs coupled with vulnerability to errors beyond the scope of robotic desktop automation are expected to negatively impact market growth. Therefore, these factors, in combination, are expected to pose challenges for the robotic desktop automation market in the coming years.

In the coming years, Asia Pacific will emerge as a significant market.

The global robotic desktop automation market was dominated by North America, which accounted for more than X% of the overall market value in 2017. The fact that North America has always remained at the forefront in terms of the adoption of new technologies has helped the market flourish in the region. Considering the nature of the benefits that robotic desktop automation offers, a large number of organizations in the region are expected to adopt the solution in the coming years. However, owing to the ongoing technological advancements in developing regions such as Asia Pacific and the Middle East, and Africa, the robotic desktop automation market is expected to witness a high CAGR growth rate during the forecast period from 2018 to 2026.

Periods of History and Forecast

This research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The report elucidates the detailed outline of the global robotic desktop automation market by categorizing the market in terms of service type, end-use industry, and geography.

Key players profiled in the report include Jacada, Inc., Pegasystems, Inc., Blue Prism, RoboTask, Intradiem, Automation Anywhere, Inc., Samyutam, Softomotive Ltd., UiPath, and Kleptika, among others.

Key questions are answered in this report.

  • What was the size of the global robotic desktop automation market in 2017, and what is the forecast for 2026?
  • What are the current trends in the robotic desktop automation market?
  • What are the various valuable opportunities for the players in the market?
  • Which is the largest regional market for robotic desktop automation?
  • Which region is expected to have the fastest growth and why?
  • What are the future prospects for the robotic desktop automation market?
  • What are the major drivers and restraints influencing the market's growth?
  • Which are the leading players in the market?
  • What are the key strategies adopted by the leading players in the market?

Frequently Asked Questions:

The market for Robotic Desktop Automation (RDA) Market is expected to reach US$ XX Mn By 2026.

The Robotic Desktop Automation (RDA) Market is expected to see significant CAGR growth over the coming years, at 28.7%.

The report is forecasted from 2018-2026.

The base year of this report is 2017.

Jacada, Inc., Pegasystems, Inc., Blue Prism, RoboTask, Intradiem, Automation Anywhere, Inc., Samyutam, Softomotive Ltd., UiPath, and Kleptika are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Sep 2018
Category:  Technology & Media
Report ID:   59297
Report Format:   PDF
Pages:   120
Rating:    4.2 (70)
Delivery Time: 24 Hours to 48 Hours   
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