Automation-as-a-Service Market Key Players, Application, Demand, Industry Research Report by Regional Forecast to 2028, The Insight Partners - $3,640
Details:The Automation-as-a-Service Market report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. The report focuses on global major leading companies providing information such as company profiles, sales, sales revenue, market share and contact information. Finally the marketing, feasibility of new investment projects are assessed and overall research conclusions offered.
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Scope of the Report
The global automation-as-a-service market garnered US$ 2,792 million in 2018 and is projected to accrue US$ 23,397.7 million by 2027, rising at a CAGR of 27.5% during 2019–2027.
Incorporating Advanced Capabilities in Automated Processes
In the next few years, the market is foreseen to venture into a new category of software vendors who will be developing advanced analytics and data mining capabilities.This will further extend the scope of automation across more multifaceted processes with variable degrees of unstructured data/content. Enterprises incur optimal ROI with the implementation of smart automation-as-a-service coupled with persisting digital transformation platforms. This in turn, will make business processes simpler in terms of developing more insightful data, enabling organizations to take noteworthy strides in automated business processes.
The Innovative Key Players Are:
• Accenture (Ireland)
• Automation Anywhere, Inc. (US)
• Blue Prism Group (UK)
• HCL Technologies (India)
• Hewlett Packard Enterprise Development LP (HPE) (US)
• IBM Corporation (US)
• Microsoft Corporation (US)
• NICE Ltd. (Israel)
• Pegasystems Inc. (US)
• UiPath (US)
Increasing Adoption of Digital Solutions Across Different Industry Verticals
The implementation of digital solutions is gaining traction across various industries, including manufacturing, healthcare, BFSI, IT & telecom, retail, and others. Analytics enable them to apprehend better and serve customers. Access to real-time information leads to efficient decision-making. Automation of regular business operations increases productivity. To put in instance, it has been observed that airline companies have become proficient at pricing through real-time information of demand and supply. Retail companies with robust digital capabilities have designed seamless omnichannel environment. The healthcare industry has been modernized through electronic health records (EHR) that tracks vital signs of patients and manages virtual consultations. In the meantime, automation has reduced insurance companies’ claims processing and underwriting costs. Manufacturers can enhance quality, operating performance, and supply chain transparency by restructuring processes and training employees to function in the digital world.
The research provides answers to the following key questions:
1.What is the estimated growth rate of the market for the forecast period 2019–2027? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Automation-as-a-Service market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Automation-as-a-Service market?
4. What are the prominent market trends influencing the development of the Automation-as-a-Service market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Automation-as-a-Service market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
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