What are the recent trends in market size and growth for the enterprise robotic process automation market?
The enterprise robotic process automation market size has grown exponentially in recent years. It will grow from $3.8 billion in 2024 to $5.17 billion in 2025 at a compound annual growth rate (CAGR) of 36.1%. The growth in the historic period can be attributed to scalability and flexibility, regulatory compliance, cost reduction initiatives, digital transformation initiatives, and increased competition.
The enterprise robotic process automation market size is expected to see exponential growth in the next few years. It will grow to $17.54 billion in 2029 at a compound annual growth rate (CAGR) of 35.7%. The growth in the forecast period can be attributed to growing demand for workflow efficiency, rising complexity of business processes, increasing volume of data handling, and focus on customer experience enhancement. Major trends in the forecast period include integration with artificial intelligence (AI), expansion into small and medium enterprises (SMEs), cloud-based RPA solutions, the rise of citizen developers, and growing demand for industry-specific RPA solutions.
Get Your Free Sample of The Global Enterprise Robotic Process Automation Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14911&type=smp
Which major factors have contributed to the expansion of the enterprise robotic process automation market?
Increasing demand for automation is expected to propel the growth of the enterprise robotic process automation market going forward. Automation refers to utilizing technology, programs, robotics, or processes to accomplish objectives with minimal human intervention. The rising demand for automation is being driven by the need to enhance operational efficiency and agility while reducing reliance on manual processes. Enterprise robotic process automation streamlines repetitive tasks and workflows within organizations, enhancing efficiency and productivity through automated software robots. For instance, in 2023, according to the International Federation of Robotics, a Germany-based non-profit organization, the installation of industrial robots surpassed 500,000 units in 2022, contributing an additional 5% to the previous record of 526,144 units installed in 2021. In Asia, 404,578 units were installed, reflecting a 5% increase from the 2021 figure of 385,143 units. Therefore, the increasing demand for automation is driving the growth of the enterprise robotic process automation market.
How is the enterprise robotic process automation market segmented?
The enterprise robotic process automation market covered in this report is segmented –
1) By Type: Tool Based, Service Based
2) By Process: Automated Solutions, Decision Support And Management Solution, Interaction Solution
3) By Deployment: On-Premise, Cloud
4) By Operation: Rule-Based, Knowledge Based
5) By Industry: Banking, Financial Services And Insurance (BFSI), Telecom And Information Technology (IT), Travel, Hospitality And Transportation, Retail And Consumer Goods, Manufacturing And Logistics, Healthcare And Pharmaceuticals, Other Industries
Subsegments:
1) By Tool-Based: Robotic Process Automation Software, Intelligent Automation Tools, Low-Code Or No-Code Development Platforms, Cognitive Automation Tools, Process Mining Tools, Orchestration Tools, Bot Development Tools
2) By Service-Based: RPA Consulting Services, RPA Implementation Services, RPA Integration Services, RPA Maintenance And Support Services, RPA Managed Services, RPA Training And Support Services
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/enterprise-robotic-process-automation-global-market-report
Who are the top competitors in the enterprise robotic process automation market?
Major companies operating in the enterprise robotic process automation market are International Business Machines Corporation, Atos SE, Sutherland Bulgaria, Pegasystems Inc., UiPath Inc., Nice Systems Ltd., Verint Systems, Fortra LLC, IPSoft, Automation Anywhere, Symphony AyasdiAI, BlackLine Systems Inc., Appian Corporation, Kofax Inc., Happiest Minds Technologies, Roboyo GmbH, AntWorks, EdgeVerve Systems, Jacada Inc., Ephesoft Inc., Redwood Software Inc., OpenConnect Systems Incorporated, AutomationEdge, ElectroNeek, Cicero Inc., WorkFusion, Celaton Ltd., Kryon Systems
Which key trends are expected to influence the enterprise robotic process automation market in the coming years?
Major companies operating in the enterprise robotic process automation market are increasing their focus on developing advanced technologies, such as enterprise automation solutions, to gain a competitive edge in the market. Enterprise automation solutions aim to integrate various technologies and software platforms within an organization to streamline processes, improve efficiency, reduce costs, and boost overall productivity. For instance, in October 2023, Infor, a US-based enterprise software company, launched its Enterprise Automation Solution. It is a set of Infor Operating Service (Infor OS) multi-tenant cloud services designed to enable rapid scaling of automation throughout companies by integrating data integration, artificial intelligence (AI), machine learning (ML), and robotic process automation (RPA) capabilities into a unified platform. By using Infor Enterprise Automation, organizations can consistently enhance their enterprise resource planning (ERP) automation functionalities across various applications. This helps them achieve business objectives more quickly while reducing both integration costs and associated risks.
Which regional trends are influencing the enterprise robotic process automation market, and which area dominates the industry?
North America was the largest region in the enterprise robotic process automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise robotic process automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Enterprise Robotic Process Automation Market Report 2025 Offer?
The enterprise robotic process automation market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Enterprise robotic process automation refers to the use of software robots or bots to automate repetitive tasks within an organization’s business processes. These robots mimic human actions to perform rule-based processes across multiple systems, enhancing efficiency, accuracy, and scalability while reducing operational costs.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14911
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
