City of Industry, CA -- (SBWIRE) -- 09/19/2019 -- Robotic process automation (or RPA or RPAAI) is an emerging form of business process automation technology based on the notion of software robots or artificial intelligence (AI) workers. In traditional workflow automation tools, a software developer produces a list of actions to automate a task and interface to the back-end system using internal application programming interfaces (APIs) or dedicated scripting language. In contrast, RPA systems develop the action list by watching the user perform that task in the application's graphical user interface (GUI), and then perform the automation by repeating those tasks directly in the GUI.

This can lower the barrier to use of automation in products that might not otherwise feature APIs for this purpose. The role of technology is evolving continuously at a faster pace. The last few decades witnessed various waves of technology progression that significantly impacted business growth. Few of these technologies are now declining as businesses globally are transforming into a dynamic digital environment. However, RPA is anticipated to evolve and soar over the forecast period.

The modern enterprise demand RPA technology to be fast in implementation, execution, and scaling. It alleviates human workers of their mundane and repetitive daily tasks by processing workflow much quicker and subsequently more efficiently. The global RPA market is valued at 260 million US$ in 2018 is expected to reach 12100 million US$ by the end of 2025, growing at a CAGR of 61.3% during 2019-2025.

This report focuses on RPA volume and value at global level, regional level and company level. From a global perspective, this report represents overall RPA market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

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.

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Professional Services

Training Services

Segment by Application

BFSI

Telecom/IT

Healthcare

Retail

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