About IT Robotics Automation
The IT robotic automation is an extremely precise technology that primarily works on input programs based on algorithms and alternative mechanisms. Being a machine that works additionally with efficiently than humans with refined accuracy and time-saving performance has considerably modified the planning of the IT sector. If we look around, we have majorly chained beneath a web of those robots either during a virtual manner or physically. Every and each of the appliance phases is deeply influenced by robotic automation, for example, human tele caller has been replaced by IVR system or bots that crawl around the information of a user and deliver a full-detailed report of his finances and expenditure.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
There has been high volume development of multiple autonomous technologies and it has become intricate to cope with all the aspects with the inconsistent output. Therefore, to overcome this drawback there is an obligatory requirement to set up robotic automation which in return makes the organization more responsive and agile. This has resulted in boosting the growth of the global IT robotic automation market. Appreciable advancement in the technology with respective IT robotic automation reduces the inaccuracy and boosts efficiency. Similarly, factors such as growing acknowledgment in accounting and finance sector, High product innovation. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global IT Robotics Automation market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cognizant technology solutions corp (United States), Infosys Limited (India), Genpact Ltd (United States), Automation Anywhere, inc. (United States), Sutherland global services (United States), Tata Consultancy (India), Appian Corporation (United States), Genfour (United Kingdom), Ipsoft, inc (United States) and Blue Prism (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global IT Robotics Automation market by and Region.
On the basis of geography, the market of IT Robotics Automation has been segmented into 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). If we see Market by Technology, the sub-segment i.e. Voice Recognition will boost the IT Robotics Automation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Consultation will boost the IT Robotics Automation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Service will boost the IT Robotics Automation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Tool, the sub-segment i.e. Process-based tools will boost the IT Robotics Automation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
A Rising Need In The Industrialization
Market Growth Drivers:
Growing Acknowledgment in Accounting and Finance Sector, Growing Investment by The IT Sector and Increasing Need for Industrialisation
Challenges:
Presence of Competitors
Restraints:
High Cost of Going Digital
Opportunities:
Small and Medium Scale Enterprises Aggressively Adopting Robotics
Market Leaders and their expansionary development strategies
In September 2023, Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, announced it has signed a definitive agreement to acquire Ontario, Canada-based Clearpath Robotics Inc., a leader in autonomous robotics for industrial applications. Autonomous mobile robots (AMRs) are the next frontier in industrial automation and transformation, and this acquisition will supercharge Rockwell’s lead in bringing the Connected Enterprise to life.
In February 2024, OMRON Automation has announced the introduction of TM S Series Collaborative Robots in its robotics portfolio in India. This latest addition to OMRON’s innovative lineup combines faster joints and expanded safety features, making it an ideal solution to improve the efficiency of factories in workspaces shared with people.
Key Target Audience
Providers of IT Robotics Automation, Governmental and Regulatory bodies and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.