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IT Robotic Automation - Global Strategic Business Report

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    Report

  • 193 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5141170
The global market for IT Robotic Automation was estimated at US$6.0 Billion in 2023 and is projected to reach US$16.6 Billion by 2030, growing at a CAGR of 15.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

How Is Robotic Process Automation (RPA) Transforming IT Operations?

The IT robotic automation market, centered around robotic process automation (RPA), is transforming how organizations manage and streamline their IT operations. RPA technology enables the automation of repetitive, rule-based tasks traditionally performed by IT professionals, such as data entry, system monitoring, software updates, and routine maintenance. This automation helps in reducing human error, improving efficiency, and allowing IT teams to focus on more strategic initiatives. The adoption of RPA in IT operations has seen exponential growth, driven by the need for cost optimization, operational efficiency, and agility in a highly competitive business environment. As organizations continue to expand their digital transformation efforts, the demand for advanced RPA solutions that integrate seamlessly with existing IT infrastructures is expected to rise, driving further market growth.

Why Is Artificial Intelligence Integration Critical for Future Growth in IT Robotic Automation?

Artificial intelligence (AI) integration is becoming increasingly critical for the future growth of the IT robotic automation market. The combination of RPA with AI technologies, such as machine learning, natural language processing, and computer vision, is enabling the development of more intelligent and adaptable automation solutions. This convergence, known as intelligent automation, allows for more complex decision-making processes, enhanced cognitive capabilities, and predictive analytics in IT operations. By leveraging AI, RPA solutions can handle unstructured data, learn from patterns, and adapt to dynamic changes, making them more versatile and effective in managing IT tasks. As businesses look to automate end-to-end IT processes and enhance customer service through AI-driven automation, the demand for integrated RPA solutions is expected to increase, driving market expansion.

What Role Does Cloud Adoption Play in Shaping the IT Robotic Automation Market?

Cloud adoption is playing a significant role in shaping the IT robotic automation market, offering new opportunities for growth and innovation. As organizations increasingly migrate their IT infrastructure and applications to the cloud, there is a growing need for scalable and flexible automation solutions that can operate effectively in cloud environments. Cloud-based RPA solutions provide several advantages, including faster deployment, lower upfront costs, enhanced scalability, and seamless integration with other cloud-native tools and services. The demand for cloud-based RPA is particularly strong among small and medium-sized enterprises (SMEs) looking to leverage automation without investing heavily in on-premises infrastructure. This trend is driving RPA vendors to offer cloud-based platforms and subscription-based models, further fueling market growth.

How Is the Growth in the IT Robotic Automation Market Driven by Several Factors?

The growth in the IT robotic automation market is driven by several factors, including the increasing demand for cost-effective and efficient IT operations, the integration of AI and machine learning with RPA, and the rising adoption of cloud-based automation solutions. The need to automate repetitive and manual IT tasks to improve productivity and reduce costs is a major driver for RPA adoption across various industries. The convergence of RPA with AI is further enhancing the capabilities of automation solutions, allowing businesses to manage more complex processes and drive digital transformation. Additionally, the growing shift towards cloud computing and the demand for scalable, flexible automation solutions are contributing to the expansion of the IT robotic automation market. The increasing focus on optimizing IT service management and enhancing customer experience through intelligent automation is also boosting market growth.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Services Application segment, which is expected to reach US$11.0 Billion by 2030 with a CAGR of a 16.0%. The Tools Application segment is also set to grow at 15.1% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, which was valued at $1.6 Billion in 2023, and China, forecasted to grow at an impressive 14.6% CAGR to reach $2.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global IT Robotic Automation Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global IT Robotic Automation Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global IT Robotic Automation Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Appian Corporation, Atos SE, Automation Anywhere, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 44 Featured):

  • Appian Corporation
  • Atos SE
  • Automation Anywhere, Inc.
  • Be Informed B.V.
  • Blue Prism Limited
  • Capgemini SE
  • Cognizant Technology Solutions Corporation
  • Infosys Limited
  • IPsoft
  • Sutherland Global Services Inc.
  • Tata Consultancy Services Ltd.
  • UiPath

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 and a Looming Global Recession
  • IT Robotic Automation - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Increasing Adoption in Agricultural Herbicides for Weed Control
  • Growing Preference for Isoxaflutole in Pre-Emergence Applications
  • Rising Use in Conservation Tillage Practices Enhancing Soil Health
  • Increasing Regulatory Approvals Across Major Agricultural Markets
  • Technological Advancements in Herbicide Formulations Boosting Efficacy
  • Expanding Adoption in Genetically Modified Crops Driving Market Demand
  • Shift Towards Environmentally Sustainable Herbicides Enhancing Market Prospects
  • Rising Demand in Developing Regions with Expanding Agricultural Activities
  • Impact of Resistance Management Strategies on Isoxaflutole Adoption
  • Growth in Specialty Crop Production Creating New Market Opportunities
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World IT Robotic Automation Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for IT Robotic Automation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for IT Robotic Automation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for IT Robotic Automation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Tools by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • IT Robotic Automation Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 11: USA Recent Past, Current & Future Analysis for IT Robotic Automation by Application - Services and Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 12: USA Historic Review for IT Robotic Automation by Application - Services and Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: USA 16-Year Perspective for IT Robotic Automation by Application - Percentage Breakdown of Value Sales for Services and Tools for the Years 2014, 2024 & 2030
CANADA
  • Table 14: Canada Recent Past, Current & Future Analysis for IT Robotic Automation by Application - Services and Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 15: Canada Historic Review for IT Robotic Automation by Application - Services and Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: Canada 16-Year Perspective for IT Robotic Automation by Application - Percentage Breakdown of Value Sales for Services and Tools for the Years 2014, 2024 & 2030
JAPAN
  • IT Robotic Automation Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 17: Japan Recent Past, Current & Future Analysis for IT Robotic Automation by Application - Services and Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 18: Japan Historic Review for IT Robotic Automation by Application - Services and Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: Japan 16-Year Perspective for IT Robotic Automation by Application - Percentage Breakdown of Value Sales for Services and Tools for the Years 2014, 2024 & 2030
CHINA
  • IT Robotic Automation Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 20: China Recent Past, Current & Future Analysis for IT Robotic Automation by Application - Services and Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 21: China Historic Review for IT Robotic Automation by Application - Services and Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: China 16-Year Perspective for IT Robotic Automation by Application - Percentage Breakdown of Value Sales for Services and Tools for the Years 2014, 2024 & 2030
EUROPE
  • IT Robotic Automation Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 23: Europe Recent Past, Current & Future Analysis for IT Robotic Automation by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: Europe Historic Review for IT Robotic Automation by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: Europe 16-Year Perspective for IT Robotic Automation by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
  • Table 26: Europe Recent Past, Current & Future Analysis for IT Robotic Automation by Application - Services and Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 27: Europe Historic Review for IT Robotic Automation by Application - Services and Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: Europe 16-Year Perspective for IT Robotic Automation by Application - Percentage Breakdown of Value Sales for Services and Tools for the Years 2014, 2024 & 2030
FRANCE
  • IT Robotic Automation Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 29: France Recent Past, Current & Future Analysis for IT Robotic Automation by Application - Services and Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 30: France Historic Review for IT Robotic Automation by Application - Services and Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: France 16-Year Perspective for IT Robotic Automation by Application - Percentage Breakdown of Value Sales for Services and Tools for the Years 2014, 2024 & 2030
GERMANY
  • IT Robotic Automation Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 32: Germany Recent Past, Current & Future Analysis for IT Robotic Automation by Application - Services and Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 33: Germany Historic Review for IT Robotic Automation by Application - Services and Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 34: Germany 16-Year Perspective for IT Robotic Automation by Application - Percentage Breakdown of Value Sales for Services and Tools for the Years 2014, 2024 & 2030
ITALY
  • Table 35: Italy Recent Past, Current & Future Analysis for IT Robotic Automation by Application - Services and Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 36: Italy Historic Review for IT Robotic Automation by Application - Services and Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 37: Italy 16-Year Perspective for IT Robotic Automation by Application - Percentage Breakdown of Value Sales for Services and Tools for the Years 2014, 2024 & 2030
UNITED KINGDOM
  • IT Robotic Automation Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 38: UK Recent Past, Current & Future Analysis for IT Robotic Automation by Application - Services and Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 39: UK Historic Review for IT Robotic Automation by Application - Services and Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 40: UK 16-Year Perspective for IT Robotic Automation by Application - Percentage Breakdown of Value Sales for Services and Tools for the Years 2014, 2024 & 2030
REST OF EUROPE
  • Table 41: Rest of Europe Recent Past, Current & Future Analysis for IT Robotic Automation by Application - Services and Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 42: Rest of Europe Historic Review for IT Robotic Automation by Application - Services and Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 43: Rest of Europe 16-Year Perspective for IT Robotic Automation by Application - Percentage Breakdown of Value Sales for Services and Tools for the Years 2014, 2024 & 2030
ASIA-PACIFIC
  • IT Robotic Automation Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 44: Asia-Pacific Recent Past, Current & Future Analysis for IT Robotic Automation by Application - Services and Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 45: Asia-Pacific Historic Review for IT Robotic Automation by Application - Services and Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 46: Asia-Pacific 16-Year Perspective for IT Robotic Automation by Application - Percentage Breakdown of Value Sales for Services and Tools for the Years 2014, 2024 & 2030
REST OF WORLD
  • Table 47: Rest of World Recent Past, Current & Future Analysis for IT Robotic Automation by Application - Services and Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 48: Rest of World Historic Review for IT Robotic Automation by Application - Services and Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 49: Rest of World 16-Year Perspective for IT Robotic Automation by Application - Percentage Breakdown of Value Sales for Services and Tools for the Years 2014, 2024 & 2030
IV. COMPETITION

Companies Mentioned

  • Appian Corporation
  • Atos SE
  • Automation Anywhere, Inc.
  • Be Informed B.V.
  • Blue Prism Limited
  • Capgemini SE
  • Cognizant Technology Solutions Corporation
  • Infosys Limited
  • IPsoft
  • Sutherland Global Services Inc.
  • Tata Consultancy Services Ltd.
  • UiPath

Table Information