Robotic Process Automation Market – Global Forecast to 2022 – By Process & Operation – Research and Markets – Yahoo Finance

Posted: March 11, 2017 at 8:07 am

DUBLIN--(BUSINESS WIRE)--

Research and Markets has announced the addition of the "Robotic Process Automation Market - Global Forecast to 2022" report to their offering.

The robotic process automation market is estimated to reach USD 2,467.0 million by 2022, at a CAGR of 30.14% between 2017 and 2022.

The major factors that have propelled market growth are ease in business processes offered by robotic process automation, and convergence of robotic process automation with traditional business process industries. The major restraints of the robotic process automation market are risk of data security, which hinders the implementation of robotic process automation in the financial domain, and the reduced potential of robotic process automation for knowledge-based business processes.

The BFSI domain held the largest share of the robotic process automation market among all the industries in 2016. In the BFSI space, multiple systems are linked to each other by interfaces to enable the flow of transaction-related data. Robotic process automation controls and monitors these interfaces to ensure seamless execution of transactions and fill data gaps. Robotic process automation improves the accuracy and efficiency of different processes in the BFSI industry. These solutions also help in regulatory reporting and balance sheet reconciliation by collating data from multiple systems and conducting a host of validation checks to prepare information for a detailed analysis.

Companies Mentioned:

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights - Robotic Process Automation Market

5 Market Overview

6 Industry Trends

7 Market Analysis, By Process

8 Market Analysis, By Operation

9 Market, By Type

10 Market, By Industry

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

14 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/7bfjx6/robotic_process

View source version on businesswire.com: http://www.businesswire.com/news/home/20170310005593/en/

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Robotic Process Automation Market - Global Forecast to 2022 - By Process & Operation - Research and Markets - Yahoo Finance

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