"Organizations In Order To Cut the Operational Cost and Improve Profitability are Increasingly Adopting Robotic Desktop Automation"

The Robotic Desktop Automation market was valued at US$ 611.4 Mn in 2016 and expected to reach US$ XX Mn in 2026 growing at a CAGR of 28.7% during the forecast period from 2018 to 2026. The benefit of adopting Robotic Desktop Automation can be understood from the fact that it automates rule-based processes. The success of Robotic Desktop Automation depends on how efficiently it is adopted. In the business industry, it is often considered as the fourth Industrial Revolution. Other benefits of Robotic Desktop Automation includes requirement of no special infrastructure, fast implementation and automation of multiple processes in a single project among others. Organization across the world are adopting Robotic Desktop Automation in order to improve employee productivity and reduce customer effort while increasing operational efficiencies. By integrating and automating the technologies and processes, Robotic Desktop Automation simplifies the way employees work. Moreover, Robotic Desktop Automation by applying algorithms automates processes that helps to perform routine processes formerly carried out by humans. One of the most prominent factors aiding the Robotic Desktop Automation market growth can be attributed to the increasing focus on the part of the both corporate and manufacturing sector to cut the operationg cost and improve profitability. Moreover, the advent of the Internet of Things (IoT) across several industry verticals is further expected to create favorable growth opportunities for the Robotic Desktop Automation market.

"Entering Into Partnerships and Agreements to Remain an Important Strategy for The Market Players"

Entering into partnerships and agreements is one of the most common strategies adopted by the leading players in the Robotic Desktop Automation market. For instance, Jacada signed a material deal with one of the largest mobile telecommunications operators in America to provide enterprise customer service software solutions. The telecommunications company has the need to efficiently access the applications of multiple cellular carriers and automate agents’ repeated tasks.

"High Initial Cost Offsetting Market Growth"

One of the biggest restraints influencing the market growth negatively is its inability to apply finance controls (as Robotic Desktop Automation processes are automated). Furthermore, high initial cost coupled with vulnerability to errors beyond the scope of Robotic Desktop Automation are expected to impact the market growth negatively. Therefore, these factors in combination are expected to act as challenges for the Robotic Desktop Automation market in the coming years.

"Asia Pacific to Emerge as an Important Market in Coming Years"

The global Robotic Desktop Automation market was dominated by North America accounting for more than XX% of the overall market value in 2017. The fact that North America has always remained in the forefront in terms of adoption of new technologies has helped the market to flourish in the region. Considering the nature of benefit Robotic Desktop Automation offers, a large number of organization in the region are expected to adopt the solution in the coming years. However, owing to the ongoing technological advancements in developing regions such as Asia Pacific and Middle East & Africa regions, the Robotic Desktop Automation market is expected to witness a high CAGR growth rate here during the forecast period from 2018 to 2026.

Key players profiled in the report include Jacada, Inc., Pegasystems, Inc., Blue Prism, RoboTask, Intradiem, Automation Anywhere, Inc., Samyutam, Softomotive Ltd., UiPath and Kleptika among others.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Robotic Desktop Automation (RDA) market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Robotic Desktop Automation (RDA) market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Robotic Desktop Automation (RDA) market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Robotic Desktop Automation (RDA) market?
• Which is the largest regional market for Robotic Desktop Automation (RDA) market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Robotic Desktop Automation (RDA) market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Robotic Desktop Automation (RDA) market worldwide?