Robotic Process Automation (RPA) continues to expand its reach and client base as more enterprises become aware of the benefits of the technology. The RPA software market witnessed a growth of 92-97% in 2017, driven by positive momentum of early success stories, increasing RPA adoption by small & mid-sized enterprises, increasing geographic spread, and higher & faster returns on investments due to increasing sophistication of technology. The market is still in a nascent stage with rapid growth and an evolving product landscape, as RPA vendors compete over the more advanced features in their products to expand their market share. However, RPA is a burgeoning market and the technologies are still relatively unknown to many potential buyers in terms of solution features, deployment models, supporting frameworks, and commercial aspects.
This report is meant to provide RPA buyers, RPA software vendors, and third-party enablers (technology vendors, system integrators, etc.) a detailed view of the current state of the market. As part of this, the current report provides insights into market growth, buyer adoption trends, insights from buyer satisfaction surveys, adoption trends, and solutioning characteristics. This report also focuses on technology levers that RPA vendors are investing in, to provide next generation RPA solutions.
Some of the findings are: