Europe Robotic Process Automation Market By Component (Software and Services) By Organization Size (Large Enterprises and Small & Medium Enterprises) By Deployment Type (On-premise and Cloud) By End User (BFSI, IT & Telecom, Healthcare & Life Sciences, Retail, Manufacturing and Others) By Country, Industry Analysis and Forecast, 2019 - 2025
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Market Report Description
The Europe Robotic Process Automation Market would witness market growth of 31.5% CAGR during the forecast period (2019-2025). Enterprise robotic process automation has emerged as a disruptive element in digital transformation. It's the logical next big step in the worldwide markets. RPA encompasses an extensive range of business processes and offers more competitive advantages. Enterprise RPA provides powerful results on an infinite scale, helping businesses to become faster digital enterprises, and gaining significant advantage on their path to AI.
An increased demand for business process automation (BPA) is expected to be the main growth driver through the use of Artificial Intelligence (AI) and software robotics. Few of these innovations are now diminishing as companies around the globe are shifting to a dynamic digital environment. Nonetheless, robotic process automation (RPA) is expected to develop and grow at the highest growth rate of the over the forecast period. For faster deployment, execution, and scaling, modern organizations need robotic process automation.
Technological advances have provoked businesses to solve new challenges aimed at dealing with rising consumer demand and expectations. The adoption of robotic process automation has caught the attention of several SMEs and large enterprises in the recent past. This can be associated with the ability of RPA to provide seamless operation coupled with substantial value addition from the resources. Worldwide, companies are constantly seeking to find processes that can be automated to speed productivity.
Based on Component, the market is segmented into Software and Services. Services segment is further bifurcated into Consulting, Implementation and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on End User, the market is segmented into BFSI, IT & Telecom, Healthcare & Life Sciences, Retail, Manufacturing and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Verint Systems, Inc., NICE Ltd., Blue Prism Group PLC, Pegasystems, Inc., Genpact Limited, NTT Data Corporation (NTT Advanced Technology Corporation), Automation Anywhere, Inc., UiPath, Inc., Kofax, Inc. (Thoma Bravo LLC), and IPsoft, Inc.
Scope of the Robotic Process Automation Market Analysis
By Deployment Type
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By End User
- IT & Telecom
- Healthcare & Life Sciences
- Rest of Europe
- Verint Systems, Inc.
- NICE Ltd.
- Blue Prism Group PLC
- Pegasystems, Inc.
- Genpact Limited
- NTT Data Corporation (NTT Advanced Technology Corporation)
- Automation Anywhere, Inc.
- UiPath, Inc.
- Kofax, Inc. (Thoma Bravo LLC)
- IPsoft, Inc.
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