The Enterprise Robotic Process Automation Market size is projected to grow from USD 3.814 Billion in 2024 to USD 36.78 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 32.75% during the forecast period (2024 - 2032). Additionally, the market size for enterprise robotic process automation was valued at USD 2.76 Billion in 2023.
Increased focus on quality and efficiency in operations and lower prices for the sensors are the key market drivers enhancing market growth.
Figure 1: Enterprise Robotic Process Automation Market Size, 2022-2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Market CAGR for enterprise robotic process automation is driven by more people using cutting-edge technologies like AI, machine learning, and the cloud. More and more companies are using enterprise robotic process automation to automate business processes and deal with more complex data. Companies are making and using corporate robotic process automation solutions based on the cloud and AI to automatically improve business processes and workflow. The market for cutting-edge technologies is booming because more SMEs are using AI and cloud-based solutions to improve their internal efficiency. Demand for enterprise robotic process automation is expected to rise due to the issues mentioned above in the future.
Additionally, a market for enterprise robotic process automation solutions is also being created by the growing use of SaaS, IaaS, and PaaS services for customer relationship management, cloud computing, corporate resource management, open source resources, cooperative robot learning, network connectivity, and other financial applications. The market's growth is driven by the practical benefits of enterprise robotic process automation in many end-user industries, such as IT and telecom, BFSI, healthcare, and retail. It is expected that the rising popularity of cloud-based solutions and the growth of robot-based solutions in a wide range of end-user industries will create new opportunities for enterprise robotic process automation worldwide. Therefore, the increasing prevalence of enterprise robotic process automation is fueling the expansion of the international market.
For instance, Automation Anywhere, a company that sells robotic process automation, revealed its Automation Success Platform, which has new tools for process finding and document processing for robotic process automation. Businesses can automate every part of their processes with the help of this successful platform. As a result, the demand for enterprise robotic process automation is predicted to grow throughout the forecasted time due to the rising demand for automobiles. Thus, the driving factor is the enterprise robotic process automation market revenue.
The global enterprise robotic process automation market segmentation, based on type, includes tools. In 2022, the tools segment led the enterprise robotic process automation market in revenue enterprise robotic process automation market trends include them giving companies a simple and easy way to automate jobs and processes that they often do. These solutions are made easy to use, so businesses can start automating quickly and with little training.
The global enterprise robotic process automation market segmentation, based on process, includes automated solutions. The automated solutions is anticipated to grow at a CAGR of 38.20% over the projected period, making up the largest market share because the need for greater Automation and improved organizational decision-making skills has boosted the growth of the enterprise robotic process automation industry. Businesses now have a straightforward and well-organized option for automating mundane, repetitive work with the help of automated systems that incorporate software robots.
The global enterprise robotic process automation market segmentation, based on the operation, includes rule-based. The rule-based s industry's top seller is expected to grow fastest at a CAGR of 38.20% because it does tasks repeatedly in different businesses and automates the workflow. Several top companies implement rule-based enterprise robotic process automation platforms to automate business processes.
Figure 2: Enterprise Robotic Process Automation Market by Operations, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American enterprise robotic process automation market will dominate because more and more people are using self-controlling AI and ML systems. In addition, the federal government of the United States provides funds and runs initiatives to encourage private businesses to implement automated solutions to manage their business processes efficiently.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: ENTERPRISE ROBOTIC PROCESS AUTOMATION MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe’s enterprise robotic process automation market accounts for the second-largest market due to the fast growth of the e-commerce business. Further, the enterprise robotic process automation market held the largest market share, and the UK enterprise robotic process automation market was the fastest-growing market in the European region.
The Asia-Pacific enterprise robotic process automation market is expected to grow at the fastest CAGR from 2023 to 2032 due to the increasing research and development efforts for enterprise robotic process automation, and expanding Industry 4.0 evolution alongside rising investment in industrial plants is expected to boost market expansion. Moreover, China’s enterprise robotic process automation market held the largest market share, and the Indian enterprise robotic process automation market was the fastest-rising market in the Asia-Pacific region.
Leading market players are investing heavily in research and development to expand their product lines, which will help the enterprise robotic process automation market grow even more. There are some strategies for action that market participants are implementing to increase their presence around the world's global footprint, with important market developments including new product launches, contractual agreements and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the enterprise robotic process automation industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturer use in the global enterprise robotic process automation industry to benefit clients and increase the market sector. In recent years, the enterprise robotic process automation industry has offered some of the most significant technological advancements. Major players in the enterprise robotic process automation market, including Automation Anywhere (U.S.), Blue Prism Group (U.K.), Celaton Ltd (U.K.), IPSoft (U.S.), Nice Systems Ltd. (Israel), Pegasystems Inc. (U.S.), Redwood Software (U.S.), UiPath (Romania), Verint (U.S.), Happiest Minds (India), International Business Machines Corporation (U.S.), and others are attempting to grow market demand by investing in research and development operations.
Automation Anywhere is the number one cloud automation platform. It offers Automation and process intelligence solutions across all industries to automate end-to-end business processes for the fastest path to company transformation. The company has the world's only cloud-native platform that combines RPA, AI, machine learning, and analytics to automate repetitive tasks and make businesses more flexible. It frees people to focus on the next big idea and build stronger customer relationships that help businesses grow. To change how the world works, you need a team of people who are committed, experienced, and passionate. We're proud to be in charge of our diverse global team as we shape the future of intelligent technology and bring it to life. In March 2023, Automation Anywhere and Google Cloud announced an expanded partnership that combines the power of generative AI and intelligent Automation to speed up the adoption of AI and make it available to every business. Automation Anywhere uses Google Cloud's large language models (LLMs) through Vertex AI to build and launch new creative AI features on the Automation Success Platform.
SS&C Blue Prism's intelligent automation tool, businesses can provide business value that can change the way they do business. We make goods with one goal: improving people's lives. Connecting people and digital workers allows you to use the right resource for the best customer and business results. We sell enterprise-wide software that gives full control and governance and lets businesses respond quickly to constant change. In May 2023, SS&C Technologies released SS&C Blue Prism Process Intelligence 2.0, an AI-powered process and task-mining tool for the next generation. Using ABBYY Timeline 6.0, the answer cuts the time it takes to find and identify processes by up to 80%. Integration with SS&C Blue Prism Chorus business process management (BPM) makes it possible to improve processes and grow quickly constantly. The changes make it easier for businesses to control and improve processes to get the most out of them.
Automation Anywhere (U.S.)
Blue Prism Group (U.K.)
Celaton Ltd (U.K.)
IPSoft (U.S.)
Nice Systems Ltd. (Israel)
Pegasystems Inc. (U.S.)
Redwood Software (U.S.)
UiPath (Romania)
Verint (U.S.)
Happiest Minds (India)
International Business Machines Corporation (U.S.)
A strategic alliance between Fabric, a retail automation company, and Reply, which focuses on new channels of communication and digital media, was formed in November 2022. This enables brands and retailers to integrate seamlessly through an automated single-point warehousing system using robots.
Automation Anywhere announced its Automation Success Platform in October 2022 with newly developed robotic process automation tools for process discovery and document processing. With this platform, businesses can automate every aspect of their operations.
Rockwell Automation and Microsoft are expected to deepen the partnership that has existed for over three decades, starting from October 2023, by introducing generative AI into the process of industrial automation design and development. The intention of both companies was to combine the applications so as to make the workforce more efficient while also enabling it to acquire customers within the framework of industrial automation.
According to UiPath’s April 2023 issue, NTT DOCOMO (a major telco operator in Japan) utilizes UiPath Test Suite to improve its application delivery environment. For NTT DOCOMO, mobile application test times were dramatically reduced thanks to the AI testing tool Test Suite – release frequencies increased from quarterly cycles to biweekly ones.
Kofax Inc. revealed that Kofax Inc. Marketplace— an online platform connecting connectors, tools & apps aimed at improving integration among automation software vendors and leading enterprises—will be relaunched in April 2023. The Kofax Marketplace provides comprehensive guides and available resources that can be integrated into existing critical platform staples such as RPA Kofax TotalAgility, among others.
Digital Workforce Services entered into a partnership with Keva (formerly Municipal Pension Insurance) in August 2022, where they delivered a robotic process automation solution selected through public procurement. The cloud services provided by Digital Workforce have been used by Keva to move all its production-level robotic process automation from its existing environment, thus including solution maintenance, management, and support services. Furthermore, Digital Workforce provides Keva with professional services.
Tools
Automated Solution
Rule-Based
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 2.76 Billion |
| Market Size 2024 | USD 3.814 Billion |
| Market Size 2032 | USD 36.78 Billion |
| Compound Annual Growth Rate (CAGR) | 32.75% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Process, Operations, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, Aircraft Type, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Automation Anywhere (U.S.), Blue Prism Group (U.K.), Celaton Ltd (U.K.), IPSoft (U.S.), Nice Systems Ltd. (Israel), Pegasystems Inc. (U.S.), Redwood Software (U.S.), UiPath (Romania), Verint (U.S.), Happiest Minds (India), and International Business Machines Corporation (U.S.) |
| Key Market Opportunities | Improvements in automation technology continue to advance |
| Key Market Dynamics | Increasing demand for business processes to be automated |
Enterprise Robotic Process Automation Market Highlights:
Frequently Asked Questions (FAQ) :
The global enterprise robotic process automation market size was valued at USD 2.76 Billion in 2023.
The global market is projected to grow at a CAGR of 32.75% during the forecast period, 2024-2032.
North America had the largest share of the global market.
The key players in the market are Automation Anywhere (U.S.), Blue Prism Group (U.K.), Celaton Ltd (U.K.), IPSoft (U.S.), Nice Systems Ltd. (Israel), Pegasystems Inc. (U.S.), Redwood Software (U.S.), UiPath (Romania), Verint (U.S.), Happiest Minds (India), and International Business Machines Corporation (U.S.).
The tools type category dominated the market in 2022.
The rule-based had the largest share of the global market.
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Senior Research Analyst Ankit gupta is an analyst in market research industry in ict and semi industry. with post-graduation in "telecom and marketing management" and graduation in "electronics and telecommunication" vertical he is well versed with recent development in ict industry as a whole. having worked on more than 150+ reports including consultation for fortune 500 companies such as microsoft and rio tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.
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