Automation-as-a-Service Market Show at 27.5% CAGR to 2027 | Accenture PLC, Automation Anywhere, Inc., Blue Prism Group plc

Automation-as-a-Service Market to 2027 - Global Analysis and Forecasts By Component (Solution and Service); Deployment Model (On-premise and Cloud); Business Function (Sales & Marketing, Finance & Operations, Human Resource, Information Technology); Industry Vertical (BFSI, IT & Telecom, Retail, Healthcare & Life Sciences, Transportation & Logistics, Government Agencies & Defense, Manufacturing, and Others)

Automation as a Service (AaaS) is set to disrupt the tech and professional services industry by democratising robotic process automation (RPA). Automation as a Service (AaaS) packages research, education, consulting and execution under a fixed price per process model.

The global automation-as-a-service market accounted for US$ 2.79 Bn in 2018 and is expected to grow at a CAGR of 27.5% over the forecast period 2019-2027, to account for US$ 23.40 Bn in 2027.

The increasing adoption of digital solutions by different industry verticals and growing need for error-free and timely processes are few of the factors driving the automation-as-a-service market worldwide. However, s frequent alterations in operating procedures and business rules impacting the efficiency, which in turn may restrain the future growth of automation-as-a-service market. Despite these limitations, entry of new players focusing on emerging economies is projected to have a positive impact on the growth of the automation-as-a-service market in the coming years.

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Companies Profiled in this report includes: Accenture PLC, Automation Anywhere, Inc., Blue Prism Group plc, HCL Technologies Limited, Hewlett Packard Enterprise, IBM Corporation, Microsoft Corporation, NICE Ltd., Pegasystems Inc, and UiPath among others.

Automation has advanced enormously over last few years. Today, it is a key empowering influence of change, development, and aggressive differentiation for associations where various processes are institutionalized. It has effectively empowered early adopters to make a quick, exact, financially sound, all-rounder virtual workforce. The developing necessity for RPA execution have pushed the innovation to a focal point of excellence model facilitating advanced automation to the organizations. This has generated growth opportunities for system Integrators to partner and help companies optimally attain the automation to their systems. Based on region, North America held the largest share in the global automation-as-a-service market in 2018. This is majorly due to the growing service industry in the region. Moreover, the increased IT spending, presence of a large number of big enterprises, and technological advancements are some of the other drivers supporting the growth of the automation-as-a-service market. Whereas, APAC is anticipated to witness fastest growth during the forecast period. This can be attributed to the surging service industry in developing countries, such as China and India, economic development, increasing digitalization, and rising adoption of new technologies.

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Table of Content:

1.Introduction

2.Key Takeaways

3.Research Methodology

4. Automation-as-a-Service Market Landscape

5.Automation-as-a-Service Market - Key Industry Dynamics

6.Automation-as-a-Service Market - Global Market Analysis

7.Automation-as-a-Service Market Analysis - By Component

8.Automation-as-a-Service Market Analysis - By Deployment Model

9.Automation-as-a-Service Market Analysis - By Business Function

10.Automation-as-a-Service Market Analysis - By Industry Vertical

11.Automation-as-a-Service Market- Geographic Analysis

12.Global Automation-as-a-Service Market-Industry Landscape

13.Company Profiles

13.1 Accenture

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Automation Anywhere, Inc.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Blue Prism Group

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 HCL Technologies

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