Sanjose, CA USA, January 21, 2020 (Wired Release) – Credence Research – The IT robotic automation market is set to grow by 27.5 per cent during the forecast period. The IT robotic automation market is driven by the growing adoption of cloud computing technology by enterprises. Enterprises are shifting towards cloud technologies due to multiple benefits, such as cost-effectiveness, flexibility and scalability, offered by technology compared to conventional solutions. In addition, cloud computing enables businesses to focus on their core business skills. It also acts as a major driver for the adoption of cloud computing technologies across enterprises.
As competition among IT companies is increasing and the complexity of IT infrastructure and maintenance is increasing, companies have begun to look for effective ways to address these challenges. Robotic automation significantly resolves the complexities of the IT infrastructure and improves business performance, thus offering companies a competitive edge and driving market growth across the globe. However, outsourcing of business process activities is hindering the growth of the market.
The IT robotic automation market is a segment based on professional services, BPO services and consulting services. Professional services are defined as a set of services offered by the vendor to facilitate the deployment and delivery of solutions to accelerate time for value-added enterprises. Consulting services are defined as the services offered by the vendor to help businesses better understand new solutions and technologies.
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Geographically speaking, North America holds the dominance of the global IT robotic automation market. This is due to early adoption and the region’s aggressive availability of developing and infrastructure. The other regions of the race are Europe and Asia Pacific. Because of increasing investments by IT companies, Europe will soon have a consecutive growth. Similarly, the growth of the IT robotic automation market in the Asia Pacific region has been boosted by the increase in industrialization and the need to manage the business outsourcing processes.
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Geographic Coverage
North America IT Robotic Automation Market Revenue and Forecast
Europe IT Robotic Automation Market Revenue and Forecast
Asia Pacific IT Robotic Automation Market Revenue and Forecast
Latin America IT Robotic Automation Market Revenue and Forecast
Middle East and Africa IT Robotic Automation Market Revenue and Forecast
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List of Companies Covered:
– Appian Corporation
– Accenture PLC
– Automation Anywhere Inc
– Blue Prism
– Be Informed B.V.
– Cognizant Technology Solutions Corp
– Sutherland Global Services
– Genpact Ltd
– Genfour
– Hewlett Packard Company
– Ipsoft Inc
– Infosys Limited
– Tata Consultancy
Key questions answered in this report
– What was the market size of IT Robotic Automation in 2018 and forecast up to 2027?
– Which is the largest regional market customer data in its data type segment?
– What are the major trends followed in the IT Robotic Automation market across different regions?
– Who is the key IT Robotic Automation companies leading the market?
– What are the key strategies adopted by the leading IT Robotic Automation companies in the market?
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Research methodology devised for this study:
Our methodology comprises a blend of primary and secondary research for engineering the market size, shares and estimations for global IT Robotic Automation market specific to key segments, and regional segmentation.
A. Secondary Research
Some of the basic, but most important sources referred during the study included company annual reports, press releases, and relevant documents throwing light upon the recent developments in the global IT Robotic Automation market. Reliable sources such as scientific journals, university research papers and government websites were equally referred for recognizing business opportunities in various geographical markets and market penetration of various products/services. In addition, paid databases were referred to collect information useful for extensive commercial study of the key players operating in IT Robotic Automation market. In case where no data was available on the public domain, we used modeling and estimates to arrive at comprehensive data sets. Secondary research helped to prepare a base for IT Robotic Automation market study.
B. Primary Research
The extensive secondary research carried out was complemented by extensive primary research to validate data and analysis. Primary research involved telephonic interviews, e-mail interactions as well as face-to-face interviews with the leading industry experts.
The participants tracked for primary interviews include:
Vice President/ CEOs
Marketing/product managers
Market intelligence managers
National sales managers
Purchasing managers
Distributors
Other stakeholders
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