Top 10 Innovators in Robotic Process Automation Market
Added: (Wed Sep 06 2023)
Pressbox (Press Release) -
The Robotic Process Automation (RPA) market is expected to reach $35.9 billion by 2030, with a projected Compound Annual Growth Rate (CAGR) of 20.2% during the period from 2023 to 2030. This growth is driven by several key factors, including the increasing demand for automation in business processes, the adoption of advanced technologies like cloud computing, artificial intelligence (AI), and machine learning, and the rising use of RPA solutions in the Banking, Financial Services, and Insurance (BFSI) sector. Additionally, the adoption of self-learning conversational chatbots and the expansion of RPA solutions in the healthcare sector are expected to create growth opportunities. However, high implementation costs and misconceptions and lack of awareness about RPA are some challenges in the market. Two emerging trends include the adoption of cloud-based RPA and the demand for collaborative RPA.
Here are the top 10 companies operating in the Robotic Process Automation (RPA) market: https://meticulousblog.org/top-10-companies-in-robotic-process-automation-market/
1. UiPath, Inc. (U.S.)
• Founded: 2005
• Headquarters: New York, U.S.
• Core Offerings: RPA solutions for various industries, including telecom, retail, manufacturing, banking, and the public sector. Divided into three business segments: Licenses, Subscription Services, and Professional Services and Other.
2. Automation Anywhere, Inc. (U.S.)
• Founded: 2003
• Headquarters: California, U.S.
• Core Offerings: Cloud automation platforms and end-to-end business process automation solutions for various industries, including financial services, healthcare, public sector, and manufacturing.
3. Blue Prism Group plc (A Subsidiary of SS&C Technologies Holdings, Inc. (U.S.))
• Founded: 2001
• Headquarters: Warrington, U.K.
• Core Offerings: Enterprise intelligent automation technology, including RPA software, for industries such as financial services, healthcare, manufacturing, energy & utilities, and transportation.
4. Pegasystems Inc. (U.S.)
• Founded: 1983
• Headquarters: Massachusetts, U.S.
• Core Offerings: Customer relationship management and business process management solutions. Provides intelligent automation solutions, customer engagement solutions, sales automation, and KYC solutions.
5. NICE Ltd. (Israel)
• Founded: 1986
• Headquarters: Ra’anana, Israel
• Core Offerings: Cloud and on-premises enterprise software solutions with a focus on advanced analytics, artificial intelligence, and automation. Offers robotic process automation solutions for contact centers.
6. IBM Corporation (U.S.)
• Founded: 1911
• Headquarters: New York, U.S.
• Core Offerings: Cloud platform and cognitive solutions, including a portfolio of enterprise automation products and services for automating business and IT processes.
7. Verint Systems Inc. (U.S.)
• Founded: 1994
• Headquarters: New York, U.S.
• Core Offerings: Actionable intelligence solutions, including robotic process automation software and services, aimed at improving productivity, reducing costs, and ensuring regulatory compliance.
8. EdgeVerve Systems Limited (India)
• Founded: 2014
• Headquarters: Karnataka, India
• Core Offerings: AI, Automation, and Analytics solutions with a focus on digital banking and enterprises. Offers robotic process automation solutions for process discovery, intelligent automation, and digital workforce orchestration.
9. Kofax Inc. (U.S.)
• Founded: 1985
• Headquarters: California, U.S.
• Core Offerings: Intelligent automation software platforms and solutions, including workflow orchestration software, RPA software, and e-signature software.
10. AutomationEdge Technologies, Inc. (U.S.)
• Core Offerings: AI-driven integrated automation platform known as AutomationEdge, used for automating IT and business processes. Offers robotic process automation solutions, conversational AI, AI chatbots, and software automation.
"Top 10 Innovators in Robotic Process Automation": https://meticulousblog.org/top-10-companies-in-robotic-process-automation-market/
For more detailed information about these companies, including their recent financial performance, key products, strategies, partnerships, and acquisitions, you can refer to the comprehensive report by Meticulous Research®. This report also provides global market size estimates, market share analysis, revenue figures, and coverage of key industry trends and issues.
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Content Source: https://www.meticulousresearch.com/pressrelease/505/robotic-process-automation-market-2030