The global robotic process automation (RPA) market is forecast to grow to more than 13 billion U.S. dollars by 2030, an increase of more than 12 billion compared to 2020. RPA is a type of business process automation based on software robots or bots that perform menial business tasks to expedite enterprise operations and reduce costs.

The Report Covers Global RPA Market Statistics, Forecast and is Segmented by Deployment Mode (On-Premise and Cloud), Solution (Software and Service), Size of Enterprise (Small and Medium Enterprises and Large Enterprises), End User Industry (IT and Telecom, BFSI, Healthcare, Retail, Manufacturing), and Geography. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Robotic process automation market revenues are expected to eclipse four billion U.S. dollars worldwide in 2020. Forecasts predict continued growth in the coming years with market value set to reach more than ten billion by 2023.

Robotic Process Automation

RPA is a type of IT solution that allows organizations to automate many of their tasks through the use of specialized software programs. Many business executives believe that RPA can bring many benefits, saving their company time on repetitive tasks and serving to increase the quality of work that their company produces. Blueprism, NICE, and UiPath are some of the biggest names in the industry, each with a significant share of the overall market.

Automation

Automation on a broader scale extends past the software market and into hardware, especially in the context of manufacturing. The factory automation segment is by far the biggest segment in the industry, whilst process automation and industrial software also account for significant shares. As automation software becomes more advanced, it remains to be seen how much of an effect it will have on employment levels, across a variety of industries.

The robotic process automation market revenue in 2022 was US$ 2,599.3 Million. The market is expected to reach US$ 24,633.4 Million by 2033, as it is estimated to grow at a CAGR of 22.8% for 2023 to 2033.

Attributes	Details
Estimated Year (2023) Market Value	US$ 3,150.4 Million
Projected Year (2033) Market Value	US$ 24,633.4 Million
CAGR% (2023 to 2033)	22.8%
Top 5 Vendor Market Share	Around 29%

Scope of report

Attribute	Details
Market value in 2022	US$ 2,599.3 Million
Market CAGR 2023 to 2033	22.8%
Share of top 5 players	Around 29%
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	USD Million for Value
Key Regions Covered	North America, Latin America, Europe, South Asia & Pacific, East Asia and the Middle East & Africa
Key Countries Covered	USA, Canada, Germany, United Kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Australia & New Zealand, GCC Countries, Turkey and South Africa
Key Segments Covered	Component, Operations, Industry and Region
Key Companies Profiled	Pegasystems Inc. Redwood Software UiPath SRL Prism group PLC Celaton Ltd. IPSoft Inc. Nice System Ltd Automation Anywhere IBM KOFAX WorkFusion Another Monday
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

The global Robotic Process Automation (RPA) Market is expected to rise USD 483.29 billion by 2034 And anticipated to grow at a CAGR of 38.3%.

The robotic process automation (RPA) market was estimated to be worth 3.7 billion U.S. dollars in 2022. This market is forecast to grow with a CAGR of 36.6 percent from 2022 to 2032. The market size is expected to be valued at 81.8 billion U.S. dollars by 2032.

The robotic process automation market is projected to grow from $6.4 billion in 2024 to $115.5 billion by 2035, representing a CAGR of 30.04% during the forecast period 2024-2035

The statistic shows a spending forecast for cognitve robotic process automation (RPA) worldwide, in 2017 and 2026. In 2026, expenditure on cognitive robotic process automation is expected to reach about 3.62 billion U.S. dollars globally. The CAGR of this market from 2017 to 2026 is projected to be 60.9 percent.

The global robotic process automation market is anticipated to increase from USD 4.06 billion in 2024 to USD 234.09 billion by 2037, demonstrating a CAGR of around 36.6% throughout the forecast timeline, from 2025 to 2037. Key industry players include Microsoft Corporation, OnviSource, Inc., Automation Anywhere, among others.

The statistic shows a forecast of spending on robotic process automation (RPA) and robotic desktop automation (RDA) worldwide from 2016 to 2022, by segment. In 2019, expenditure on robotic process automation services is expected to reach about 1.74 billion U.S. dollars globally.

Global robotic process automation market size is expected to reach $19.33 billion in 2028 at a rate of 27.6%, segmented as by component, software, service

The Global Robotic Process Automation Market is expected to reach at a CAGR of 28.8% during the forecast period 2024-2031 | DataM intelligence

The size and share of the market is categorized based on Type (Services, Platform) and Application (Finance and Banking, Telecom and IT Services, Insurance and Healthcare, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The statistic shows the size of the robotic process automation (RPA) market for the information technology sector worldwide, from 2012 to 2020. In 2014, the IT RPA market was worth around 250 million U.S. dollars globally.

The Robotic Process Automation (RPA) Market is projected to grow at 24.8% CAGR, reaching $24 Billion by 2029. Where is the industry heading next? Get the sample report now!

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The statistic shows the market share of the global cognitive robotic process automation in 2017 and 2026, by type. In 2026, the services segment is projected to take up 60 percent of the overall market share.

The size and share of the market is categorized based on Type (Therapeutic Automation, Lab and Pharmacy Automation, Logistics and Training Automation, Diagnostics and Monitoring Automation, Back office Automation) and Application (Hospital, Clinic, Other) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

This statistic shows the market share for robotic process automation worldwide in 2018, by region. North America was the largest RPA regional market in 2018, accounting for around 41 percent of the total market revenue.

The size and share of the market is categorized based on Type (Cloud Based, On-premises) and Application (SMEs, Large Enterprises) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).