The North America Automation COE Market would witness market growth of 36.6% CAGR during the forecast period (2022-2028).
Businesses face new dangers as they scramble to take advantage of the potential of automation technologies, and in the absence of appropriate governance and continuing education, this might cause a major conflict. It can make businesses unable to maintain demands to scope, construct, and sustain automation efforts resulting in overworked IT resources. The absence of governance creates confusing software vendor agreements, each with distinct licensing conditions, pricing, and development skill requirements.
Moreover, due to the lack of transparency into automation, possibilities to improve similar operations and gain a return on investment (ROI) gets limited. Scattered education and training about governance make it nearly impossible to standardize. Many firms start to lose faith in automation technologies after a few setbacks. The organization starts to feel discouraged, which stalls the pace of progress.
To save the companies from the effects of such dire gridlocks, the responsibilities are given to an automation center of excellence to design and align and implement the ongoing methodology, guidelines, and standards for opportunity analysis to determine possible ROI. Conducting regular risk evaluations, and making and keeping an operating model and organizational design plan are also expected from the CoE.
Most of the companies present in the region utilize robots in at least one of their processes, since this region is an early-adopter of technology. By automating traditional data entry with RPA, SCM Insurance Services, and Canada’s largest distributor of insurance claims, decreased the time it took to process customer forms. The company was keen to implement additional RPA into their organization as quickly as they became aware of the advantages it provided. Early on in the process, they began introducing the idea of automation while assembling a cross-functional team of stakeholders, comprising IT, operations, and executives, to create a thorough automation strategy.
The US market dominated the North America Automation COE Market by Country in 2021; thereby, achieving a market value of $607.5 million by 2028. The Canada market is experiencing a CAGR of 39.7% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 38.5% during (2022 - 2028).
Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Services, the market is segmented into Technology Assessment & Consulting, Design & Testing, Governance, and Implementation Support. Based on Vertical, the market is segmented into BFSI, Healthcare & Life Sciences, Manufacturing, IT & ITES, Retail & Consumer Goods, Transportation & Logistics, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Automation COE Market is Predict to reach $2.1 Billion by 2028, at a CAGR of 37.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SS&C Technologies Holdings, Inc., UiPath, Inc., Automation Anywhere, Inc., Nice Ltd., HelpSystems, LLC, Nintex, Inc., Verint Systems, Inc., Cigniti Technologies Limited, Digital Workforce Services Plc and Fastpath Solutions, LLC.
Scope of the Study
Market Segments Covered in the Report:
By Organization Size
By Services
- Technology Assessment & Consulting
- Design & Testing
- Governance
- Implementation Support
By Vertical
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- IT & ITES
- Retail & Consumer Goods
- Transportation & Logistics
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- SS&C Technologies Holdings, Inc.
- UiPath, Inc.
- Automation Anywhere, Inc.
- Nice Ltd.
- HelpSystems, LLC
- Nintex, Inc.
- Verint Systems, Inc.
- Cigniti Technologies Limited
- Digital Workforce Services Plc
- Fastpath Solutions, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Automation COE Market, by Organization Size
1.4.2 North America Automation COE Market, by Services
1.4.3 North America Automation COE Market, by Vertical
1.4.4 North America Automation COE Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 North America Automation COE Market
2.3 Key Factors Impacting the Market
2.3.1 Market Drivers
2.3.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Sep – 2022, Oct) Leading Players
Chapter 4. North America Automation COE Market by Organization Size
4.1 North America Large Enterprises Market by Country
4.2 North America SMEs Market by Country
Chapter 5. North America Automation COE Market by Services
5.1 North America Technology Assessment & Consulting Market by Country
5.2 North America Design & Testing Market by Country
5.3 North America Governance Market by Country
5.4 North America Implementation Support Market by Country
Chapter 6. North America Automation COE Market by Vertical
6.1 North America BFSI Market by Country
6.2 North America Healthcare & Life Sciences Market by Country
6.3 North America Manufacturing Market by Country
6.4 North America IT & ITES Market by Country
6.5 North America Retail & Consumer Goods Market by Country
6.6 North America Transportation & Logistics Market by Country
6.7 North America Others Market by Country
Chapter 7. North America Automation COE Market by Country
7.1 US Automation COE Market
7.1.1 US Automation COE Market by Organization Size
7.1.2 US Automation COE Market by Services
7.1.3 US Automation COE Market by Vertical
7.2 Canada Automation COE Market
7.2.1 Canada Automation COE Market by Organization Size
7.2.2 Canada Automation COE Market by Services
7.2.3 Canada Automation COE Market by Vertical
7.3 Mexico Automation COE Market
7.3.1 Mexico Automation COE Market by Organization Size
7.3.2 Mexico Automation COE Market by Services
7.3.3 Mexico Automation COE Market by Vertical
7.4 Rest of North America Automation COE Market
7.4.1 Rest of North America Automation COE Market by Organization Size
7.4.2 Rest of North America Automation COE Market by Services
7.4.3 Rest of North America Automation COE Market by Vertical
Chapter 8. Company Profiles
8.1 SS&C Technologies Holdings, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.2 UiPath, Inc.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.2.2.2 Product Launches and Product Expansions:
8.3 NICE Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.4 HelpSystems, LLC
8.4.1 Company Overview
8.5 Verint Systems, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research and Development Expense
8.6 Automation Anywhere, Inc.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.6.2.2 Product Launches and Product Expansions:
8.7 Cigniti Technologies Limited
8.7.1 Company overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Geographical Expansions:
8.8 Nintex, Inc.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Product Launches and Product Expansions:
8.8.2.2 Acquisition and Mergers:
8.8.2.3 Geographical Expansions:
8.9 Digital Workforce Services Plc
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Recent strategies and developments:
8.9.3.1 Partnerships, Collaborations, and Agreements:
8.10. Fastpath Solutions, LLC
8.10.1 Company Overview
TABLE 1 North America Automation COE Market, 2018 - 2021, USD Thousands
TABLE 2 North America Automation COE Market, 2022 - 2028, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements – Automation COE Market
TABLE 4 Product Launches And Product Expansions – Automation COE Market
TABLE 5 Acquisition and Mergers – Automation COE Market
TABLE 6 Geographical Expansions – Automation COE Market
TABLE 7 North America Automation COE Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 8 North America Automation COE Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 9 North America Large Enterprises Market by Country, 2018 - 2021, USD Thousands
TABLE 10 North America Large Enterprises Market by Country, 2022 - 2028, USD Thousands
TABLE 11 North America SMEs Market by Country, 2018 - 2021, USD Thousands
TABLE 12 North America SMEs Market by Country, 2022 - 2028, USD Thousands
TABLE 13 North America Automation COE Market by Services, 2018 - 2021, USD Thousands
TABLE 14 North America Automation COE Market by Services, 2022 - 2028, USD Thousands
TABLE 15 North America Technology Assessment & Consulting Market by Country, 2018 - 2021, USD Thousands
TABLE 16 North America Technology Assessment & Consulting Market by Country, 2022 - 2028, USD Thousands
TABLE 17 North America Design & Testing Market by Country, 2018 - 2021, USD Thousands
TABLE 18 North America Design & Testing Market by Country, 2022 - 2028, USD Thousands
TABLE 19 North America Governance Market by Country, 2018 - 2021, USD Thousands
TABLE 20 North America Governance Market by Country, 2022 - 2028, USD Thousands
TABLE 21 North America Implementation Support Market by Country, 2018 - 2021, USD Thousands
TABLE 22 North America Implementation Support Market by Country, 2022 - 2028, USD Thousands
TABLE 23 North America Automation COE Market by Vertical, 2018 - 2021, USD Thousands
TABLE 24 North America Automation COE Market by Vertical, 2022 - 2028, USD Thousands
TABLE 25 North America BFSI Market by Country, 2018 - 2021, USD Thousands
TABLE 26 North America BFSI Market by Country, 2022 - 2028, USD Thousands
TABLE 27 North America Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Thousands
TABLE 28 North America Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Thousands
TABLE 29 North America Manufacturing Market by Country, 2018 - 2021, USD Thousands
TABLE 30 North America Manufacturing Market by Country, 2022 - 2028, USD Thousands
TABLE 31 North America IT & ITES Market by Country, 2018 - 2021, USD Thousands
TABLE 32 North America IT & ITES Market by Country, 2022 - 2028, USD Thousands
TABLE 33 North America Retail & Consumer Goods Market by Country, 2018 - 2021, USD Thousands
TABLE 34 North America Retail & Consumer Goods Market by Country, 2022 - 2028, USD Thousands
TABLE 35 North America Transportation & Logistics Market by Country, 2018 - 2021, USD Thousands
TABLE 36 North America Transportation & Logistics Market by Country, 2022 - 2028, USD Thousands
TABLE 37 North America Others Market by Country, 2018 - 2021, USD Thousands
TABLE 38 North America Others Market by Country, 2022 - 2028, USD Thousands
TABLE 39 North America Automation COE Market by Country, 2018 - 2021, USD Thousands
TABLE 40 North America Automation COE Market by Country, 2022 - 2028, USD Thousands
TABLE 41 US Automation COE Market, 2018 - 2021, USD Thousands
TABLE 42 US Automation COE Market, 2022 - 2028, USD Thousands
TABLE 43 US Automation COE Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 44 US Automation COE Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 45 US Automation COE Market by Services, 2018 - 2021, USD Thousands
TABLE 46 US Automation COE Market by Services, 2022 - 2028, USD Thousands
TABLE 47 US Automation COE Market by Vertical, 2018 - 2021, USD Thousands
TABLE 48 US Automation COE Market by Vertical, 2022 - 2028, USD Thousands
TABLE 49 Canada Automation COE Market, 2018 - 2021, USD Thousands
TABLE 50 Canada Automation COE Market, 2022 - 2028, USD Thousands
TABLE 51 Canada Automation COE Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 52 Canada Automation COE Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 53 Canada Automation COE Market by Services, 2018 - 2021, USD Thousands
TABLE 54 Canada Automation COE Market by Services, 2022 - 2028, USD Thousands
TABLE 55 Canada Automation COE Market by Vertical, 2018 - 2021, USD Thousands
TABLE 56 Canada Automation COE Market by Vertical, 2022 - 2028, USD Thousands
TABLE 57 Mexico Automation COE Market, 2018 - 2021, USD Thousands
TABLE 58 Mexico Automation COE Market, 2022 - 2028, USD Thousands
TABLE 59 Mexico Automation COE Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 60 Mexico Automation COE Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 61 Mexico Automation COE Market by Services, 2018 - 2021, USD Thousands
TABLE 62 Mexico Automation COE Market by Services, 2022 - 2028, USD Thousands
TABLE 63 Mexico Automation COE Market by Vertical, 2018 - 2021, USD Thousands
TABLE 64 Mexico Automation COE Market by Vertical, 2022 - 2028, USD Thousands
TABLE 65 Rest of North America Automation COE Market, 2018 - 2021, USD Thousands
TABLE 66 Rest of North America Automation COE Market, 2022 - 2028, USD Thousands
TABLE 67 Rest of North America Automation COE Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 68 Rest of North America Automation COE Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 69 Rest of North America Automation COE Market by Services, 2018 - 2021, USD Thousands
TABLE 70 Rest of North America Automation COE Market by Services, 2022 - 2028, USD Thousands
TABLE 71 Rest of North America Automation COE Market by Vertical, 2018 - 2021, USD Thousands
TABLE 72 Rest of North America Automation COE Market by Vertical, 2022 - 2028, USD Thousands
TABLE 73 Key information – SS&C Technologies Holdings, Inc.
TABLE 74 Key Information – UiPath, Inc.
TABLE 75 key information – NICE Ltd.
TABLE 76 Key Information –HelpSystems lLC
TABLE 77 Key information –Verint Systems, Inc.
TABLE 78 Key Information – Automation Anywhere, Inc.
TABLE 79 Key Information – Cigniti Technologies Limited
TABLE 80 Key Information – Nintex, Inc.
TABLE 81 Key Information – Digital Workforce Services Plc
TABLE 82 Key Information – Fastpath Solutions, LLC.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, Sep – 2022, Oct) Leading Players
FIG 5 Recent strategies and developments: UiPath, Inc.
FIG 6 Recent strategies and developments: Automation Anywhere, Inc.
FIG 7 Recent strategies and developments: Nintex, Inc.