Robotic Process Automation (RPA) Market to Reach $8.7 Billion by 2024 – North American Market Worth $3.5 Billion – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Robotic

Process Automation (RPA) Market Analysis By Services, By Organization,

By Application And Segment Forecasts To 2024″ report to their

offering.

The global RPA market is expected to reach USD 8.75 billion by 2024. RPA

is maturing in terms of clarity, credibility and applicability, as

organizations are increasingly implementing these solutions.

RPA is emerging as a disrupting technology with capabilities of

providing benefits such as enhanced accuracy, compliance, cost saving

and scalability. As these tools are 65% less expensive than the

full-time employees, industry experts have been expecting RPA to disrupt

the conventional Business Process Outsourcing (BPO) model and alter the

global outsourcing industry.

The key difference between other automation methods and RPA is the

approach used for completing the tasks carried by employees. RPA

utilizes applications through a standard interface along with the

deployment of software without modification to the applications or

systems being automated.

The RPA software, despite being a new technology, is neither expensive

nor complex as compared with other technologies. The financial sector is

embracing RPA within the application industry, followed by healthcare

and telecom & IT. The common denominators among these industries are the

large volume of data entry and switching among various applications.

The North American robotic process automation market is anticipated to

reach over USD 3.5 billion by 2024. This is owing to the increased

penetration of automation and process management solutions among small

and medium enterprises.

Companies Mentioned:

Atos SE

Automation Anywhere Inc.

Be Informed B.V.

Blue Prism Group Plc

Cicero Inc.

Cognizant Technology Solutions Corporation

Genfour

Genpact Ltd.

Infosys Ltd

IPSoft Inc.

Jacada Inc.

Kofax Ltd

Kryon Systems

OpenConnect Systems Inc.

OpenSpan

Sutherland Global Services

Thoughtonomy

UiPath

Verint Systems Inc.

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Market Snapshot

4. RPA Industry Outlook

5. RPA Services Outlook

6. RPA Organization Outlook

7. RPA Application Outlook

8. RPA Regional Outlook

9. Competitive Landscape

For more information about this report visit http://www.researchandmarkets.com/research/p35rg8/robotic_process

http://www.businesswire.com/news/home/20161125005287/en/Robotic-Process-Automation-RPA-Market-Reach-8.7