July 15, 2020

Robotic Process Automation Market: Overwhelming Hike Of Billion Dollar Industry

Robotic process automation refers to the use of software with Artificial Intelligence and Machine Learning capabilities that can manage high volumes of tasks and data.

This rise in the market can be attributed due to rising popularity and attractiveness of enterprise resource planning which is driving the needs of the business to move towards the automations. Robotic process automation provides good accuracy, improved cycle time and increased productivity in transaction and data processing which drives the market.

Global robotic process automation market is set to witness a healthy CAGR of 29.30% in the forecast period of 2019 to 2026.

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Major Market Competitors/Players

  • UiPath,
  • IBM,
  • Atos,
  • Sutherland,
  • Automation Anywhere,
  • Blue Prism,
  • Pegasystems,
  • Celaton,
  • Verint,
  • Redwood Technology,
  • NICE Systems,