Market Highlights: Cloud-based technologies used for the business process automation refers to automation as a service. Market players in the business process automation are focusing on technological advancement. For instance, Capgemini launched the artificial intelligence integrated intelligent automation platform designed to provide the rapid deployment of automation for the businesses. Moreover, increasing demand from the developing economies owing to growth in IT industry driving the market growth. The market study is being classified by Type (Rule-Based Automation and Knowledge-Based Automation) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Automation as a Service are Automation Anywhere, Inc. (United States), Blue Prism Group plc (United Kingdom), International Business Machines Corporation (United States), Microsoft Corporation (United States), UiPath (United States), HCL Technologies Limited (India), Hewlett Packard Enterprise Development LP (United States) and Kofax Inc. (United States).
The Organization Size, such as Small and Medium-sized Enterprises (SMEs), is boosting the Automation as a Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Industry Vertical , such as Banking, Financial Services, and Insurance (BFSI), is boosting the Automation as a Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Deployment Model, such as Public Cloud, is boosting the Automation as a Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Business Function, such as Information Technology (IT), is boosting the Automation as a Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Component, such as Solution, is boosting the Automation as a Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights 14th June 2019, Automation Anywhere announced the strategic collaboration with Microsoft to enhance their intelligent automation solution. Moreover, Automation Anywhere selected Azure as its cloud platform. 2018, Automation Anywhere, provider of robotic process automation services opens a new facility in Bengaluru to expand its business process in India.
Key Questions Answered in the Report What will the Automation as a Service Market size and the growth rate be in Future? What are the key factors driving the Automation as a Service Market? What are the key market trends and macro-economic impacting the growth of the Automation as a Service Market? What are the challenges to market growth? Who are the key vendors in the Automation as a Service Market? What are the market opportunities and threats faced by the vendors in the Automation as a Service Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Automation as a Service Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Automation as a Service market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Automation as a Service market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Solution Vendors, Original Equipment Manufacturers (OEMs), System Integrators, Advisory Firms, National Regulatory Authorities, Venture Capitalists, Private Equity Groups, Investment Houses, Equity Research Firms and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.