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Remote Work Revolution Fueling The Surge In Robotic Process Automation (RPA) Technology: A Key Catalyst Accelerating Global Robotic Process Automation (RPA) In Information Technology Market Growth in 2025
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Robotic Process Automation (RPA) In Information Technology Industry Market Size Be by 2025?
The market size of Robotic Process Automation (RPA) in Information Technology has seen an explosive growth recently. The market is projected to expand from $1.42 billion in 2024 to $1.78 billion in 2025, demonstrating a Compound Annual Growth Rate (CAGR) of 24.9%. The impressive growth during the historical period can be credited to a surge in the need for cost-effectiveness, escalating demand for improved process efficiency, the advent of automation in legal procedures, rising demand for workflow optimization, and the increasing utilization of automation in manufacturing processes.
What's the Long-Term Growth Forecast for the Robotic Process Automation (RPA) In Information Technology Market Size Through 2029?
Over the coming years, the market size for robotic process automation (rpa) in information technology is expected to expand exponentially, projected to reach $4.46 billion in 2029 with a compound annual growth rate (CAGR) of 25.9%. The surge in growth during the forecast period can be tied to the growing use of artificial intelligence, increased remote work culture, the use of automation in entertainment and media sectors, heightened complexity of IT settings, and the rapid expansion of automation in transportation and logistics. Key transitional trends for the forecasted period would include the integration of machine learning algorithms, a move towards hyper-automation approaches, the introduction of automation into agricultural processes, rapid technological development, and the proliferation of automation in the field of financial services.
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What Are the Key Growth Drivers Fueling the Robotic Process Automation (RPA) In Information Technology Market Expansion?
The emergence of a more prominent remote work culture is forecasted to drive the expansion of the robotic process automation information and technology market. The term refers to a work environment where employees can execute their tasks from anywhere other than conventional office premises. This trend has surged due to advancements in technology, including high-speed internet, cloud computing, and collaboration tools that have made remote work more practical and efficient. Robotic Process Automation (RPA) supports remote work by automating monotonous tasks, which lets employees concentrate on high-value tasks and promote cooperation via digital operations and real-time access to data and software from any part of the world. As an illustration, in February 2023, the Office for National Statistics (ONS), a government organization based in the UK, reported that 44% of UK employees were operating in some remote capacity, 16% were full-time remote workers, and 28% were hybrid staff who divided their work hours between the office and work from the home office. In comparison, in 2022, only 30% of the workforce in the UK was working remotely. As a result, the increasing trend of remote work culture is propelling the growth of the robotic process automation information and technology market.
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What Are the Key Trends Driving Robotic Process Automation (RPA) In Information Technology Market Growth?
Leaders in the IT market's robotic process automation sector, such as major firms, are investing in the creation of innovative technologies like the Next-Gen UiPath automation cloud to yield swift and precise results. This Next-Gen technology delivers a complete automation groundwork for enterprises, facilitating their digital evolution in a more streamlined, speedy, and simplistic manner. For instance, UiPath, an American firm specializing in the production of robotic process automation software, unveiled this Next-Gen UiPath Automation Cloud in May 2022. The novel offering from UiPath features Automation Cloud Robots as well as new platform offerings geared towards enhancing security, streamlining automation processes, and broadening the scope of automation tool accessible to businesses. Described as software-as-a-service (SaaS) robots stationed within UiPath's automation cloud, these Automation cloud robots enable the rapid deployment of unattended robots without necessitating IT resources or infrastructure.
How Is the Robotic Process Automation (RPA) In Information Technology Market Segmented?
The robotic process automation (rpa) in information technologymarket covered in this report is segmented -
1) By Tool: Model-Based Application, Process Based Application
2) By Technology: Back Office Data-Driven Process, Voice Recognition, Digital Detection, Remote Infrastructure Management, Interactive Voice Response (IVR) Systems, Internet Retailers And Services Provider
3) By Service Type: Professional Services, Training Services
Subsegments:
1) By Model-Based Application: Low-code/No-code RPA Tools, Drag-and-drop Process Automation Tools, Process Simulation Tools
2) By Process-Based Application: Task Automation Tools, Workflow Automation Tools, End-to-End Business Process Automation Tools
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Which Companies Are Leading the Charge in Robotic Process Automation (RPA) In Information Technology Market Innovation?
Major companies operating in the robotic process automation (RPA) in information technology market are International Business Machines Corporation, SAP SE, Tata Consultancy Services, NICE Ltd., Pegasystems Inc., Verint Systems Inc., Automation Anywhere Inc., UiPath Inc., BlackLine Inc., Blue Prism Group PLC, EdgeVerve Systems Limited, HelpSystems LLC, Kofax Inc., Nintex Pty Ltd., Syntellect Inc., WorkFusion Inc., AntWorks Pte. Ltd., ABBYY USA Software House Inc., Jacada Inc., ElectroNeek Robotics Inc., Redwood Software Inc., OpenConnect Systems Inc., AutomationEdge Technologies Inc., Celaton Ltd., AutomationHero Inc., Kryon Systems Ltd
Which Regions Are Leading the Global Robotic Process Automation (RPA) In Information Technology Market in Revenue?
North America was the largest region in the robotic process automation (RPA) in information technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robotic process automation (RPA) in information technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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