Robotic Process Automation Market - Overview
The Robotic Process Automation Market is anticipated to grow by
US$2,700 Million by 2023 rapidly growing at a CAGR of 29% during the forecast
period 2017 to 2023. The global robotic process automation market is driven by
high process efficiency with low cost and technical advantages over traditional
solutions. These factors have helped shape the robotic process automation
market and are expected to boost the growth. Companies in the robotic process
automation market could also face challenges such as complex pricing models and
demand for highly customized solutions. The details covered in the robotic process
automation market report cover all the aspects of the industry. Robotic process
automation market analysts have also shared growth projections in the report
and have suggested robotic process automation market players to plan growth
strategies accordingly.
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Market Segmentation
The global robotic process automation market has
been segmented based on process, operations, type, and industry.
On the basis of process, the market for robotic
process automation is segmented based on decision support, automated solution,
and management solution. Additionally, the market on the basis of type, is
segmented into tools.
The global market for robotic process automation is
also covered based on operations segment which is further split into rule
based. The market is further segmented based on industry into manufacturing
& logistics and IT & telecommunication.
Factors like demand for software with capabilities
of artificial intelligence and machine learning support the robotic process
automation market growth. The performance of the robotic process automation
market has also been studied for the past and current years. Additionally, the
robotic process automation market report provides analysis of these segments.
The robotic process automation market segmental analysis provided in the report
offers major details about the robotic process automation market performance
and future.
Regional Overview
Companies in the robotic process automation market
are spread across the world. The robotic process automation market report
provides major information about regional markets of North America, Europe,
Asia-Pacific (APAC), and the rest of the world. The North American robotic
process automation market has many companies across the United States, Canada,
and Mexico. Europe has companies in the robotic process automation market
across Germany, France, Spain, Italy, and the United Kingdom. A detailed
analysis of the robotic process automation market across India, China, and
Japan in the Asia-Pacific region is also presented in the report. The robotic
process automation market of the Middle East, Africa, and other regions has also
been studied by analysts. The regional analysis of the robotic process
automation market can be found in the market research report.
Competitive Landscape
The robotic process automation market is supported
by the rising need for solutions capable of processing transactions and
communicating with digital systems. The population growth around the world and
increasing demand of robotic process automation market based services and
products also support the market growth. However, the robotic process automation
market growth can be affected due to lack of a standard pricing strategy and
highly complex deployment. The report covers all such details which will help
companies in the robotic process automation market to strengthen their business
plan and improve their product portfolio. The robotic process automation market
research report also provides company profiles of major companies. The company
profile of organizations operating in the robotic process automation market
discusses strategies, growth plans, size, revenue, and mergers and acquisition
details of top companies in the robotic process automation market. New entrants
and established players can plan their strategies based on this data provided
in the robotic process automation market research report.
Industry News
NetApp said it acquired CloudJumper, a tech firm
focused on the markets of virtual desktop infrastructure (VDI) and remote
desktop services (RDS). The agreement's financial terms were not disclosed.
NetApp is intending to use the purchase to improve its capability for desktop
virtualization. The new Virtual Desktop Service (VDS) service from NetApp will
combine VDI and RDS technologies from CloudJumper and extend the services of
NetApp for installing and controlling virtual desktops in public clouds.
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