IT Robotic Automation Market Increasing at An exceptional Pace to Reach around USD 7,292 Million by 2028 - Zion Market Research

NEW YORK, Oct. 26, 2021 /PRNewswire/ -- Zion Market Research has published a new report titled "IT Robotic Automation Market by Application (Healthcare, Banking, Utilities, Other), By Tools (Process Based Application Tools, Model-Based Application Tools): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020 – 2028". According to analysts at Zion Market Research, the global IT Robotic Automation market accounted for more than USD 1,141 Million in 2020 and is expected to reach USD 7,292 Million by 2028, growing at a CAGR of 26.1% from 2021 to 2028.

Increase in virtual workforce worldwide to Spur Growth

The increasing demand for the virtual workforce worldwide has been recently driving this market. The rising adoption of Artificial Intelligence and the cloud-based solutions are also the reasons for the demand for IT Robotic Automation. The adoption of software robots to manage the repetitive work carried out by staff is also the reason driving the market. Also, growing deployment of SaaS, IaaS and PaaS for the customer relationship management, open-source resources, network connectivity and other applicable financial services is making the demand increase for IT Robotic Automation.

Get free Sample PDF of this Research Report for more Insights with Table of Content, Research Methodology and Graphs - https://www.zionmarketresearch.com/sample/it-robotic-automation-market

The IT Robotic Automation services provide high scalability for increasing or decreasing the production levels at a reduced cost. Therefore, in the industries where demand for products and services is seasonal, the robotic automation effectively helps throughout at fixed quality and service levels. Due to the increasing adoption of Automation Software in finance and accounting sector, there is high demand for IT Robotic Automation.

With the presence of a large pool of participants, the global IT Robotic Automation is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR Blue Prism, Automation Anywhere, UiPath are some of the key vendors of IT Robotic Automation market across the world. These players across IT Robotic Automation market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the IT Robotic Automation market study.

Increasing usage of Automation solutions among the organizations In the Region Support North American Dominance

Regionally, North America has been leading the worldwide IT Robotic Automation market and is anticipated to continue on the dominant position in the years to come, states the IT Robotic Automation market study. Due to the high penetration rate of process management and automation solutions among the organizations and government agencies, the demand for the IT Robotic Automation solutions is high in this region. Also, the increased awareness of using these tools to improve various business functions of accounting/finance, data entry, procurement detail and HR related processes is one of the reasons for the higher demand. The U.S government has been encouraging other government agencies to implement such solutions using Robotic Automation and this has fostered the overall demand for IT Robotic Automation market.

Request for Customization on this Report as per your requirements - https://www.zionmarketresearch.com/custom/2572

Major companies in IT Robotic Automation market Blue Prism, Automation Anywhere, UiPath, NICE, Pegaystems, KOFAX, Inc., NTT Advanced Technology Corp., EdgeVerve Systems, FPT Software, HelpSystems, OnviSource, Inc., Cognizant Technology Solutions, Infosys, Genpact Ltd., Appian Corporation, Sutherland Global Services, Genfour, Ipsoft, Tata Consultancy Services and Capgemini among others. These players are set to bolster the development of global IT Robotic Automation market.

The global IT Robotic Automation Market is segmented as follows:

By Application

• HealthCare
• Banking
• Utilities

By Tools

• Process Based Application
• Model Based Application

Inquire before Purchase of this Research Report - https://www.zionmarketresearch.com/inquiry/it-robotic-automation-market

By Region

North America

• The U.S.
• Canada

Europe

• France
• The UK
• Spain
• Germany
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa

Browse Other Related Research Reports from Zion Market Research

• Automation-as-a-Service Market - https://www.zionmarketresearch.com/report/automation-as-a-service-market
• Automation Services Market - https://www.zionmarketresearch.com/report/automation-services-market
• Automation Testing Market - https://www.zionmarketresearch.com/report/automation-testing-market
• Logistics Automation Market - https://www.zionmarketresearch.com/report/logistics-automation-market

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No +1-855-465-4651
US OFFICE NO +1-386-310-3803
Email: [email protected] 
Website: https://www.zionmarketresearch.com 
Blog – https://www.trickstrend.com/ 
Follow us on LinkedIn - https://www.linkedin.com/company/zion-market-research 
All Press Releases - https://www.zionmarketresearch.com/all-news

Logo: https://mma.prnewswire.com/media/1605489/Zion_Market_Research_Logo.jpg