Robotic Process Automation Market Share

North American Market Forecast

The RPA market in North America is projected to be the largest with a share of about 29% by the end of 2037. The growth of the market can be attributed majorly to the presence of major innovators, and players in the region. Moreover, the RPA has been increasingly adopted by organizations, and the government agencies is further expected to increase the growth of the market in the region. In addition, government initiatives to increase the adoption of RPA among the various industries are also predicted to expand the market’s growth in the region. Since the Administration's inception, the largest 24 Federal agencies have implemented more than 100 initiatives to reduce administrative burden and direct more resources towards agency missions, resulting in billions of dollars in realized and anticipated savings and the reallocation of hundreds of thousands of full-time equivalent employee hours to higher-value work. Among these initiatives are more than 50 focused on process improvement and standardization, as well as approximately 30 utilizing artificial intelligence, robotic process automation, and other innovative software.

Europe Market Forecast

The European robotic process automation market is estimated to be the second largest, registering a share of about 24% by the end of 2037. The growth of the market can be attributed majorly to the surging enterprises efforts to improve the customer experience. Furthermore, the European region is the leader in the automobile industries, which have a great demand for automation. Additionally, there is a need for taking the right decision at the right time in the automobile sector, thus improved data analysis is required. Therefore, it is predicted to increase the growth of the market in the region.

APAC Market Statistics

Further, the RPA market in the Asia Pacific is projected to have the fastest growth by the end of 2037. The growth of the market can be attributed majorly to the growing popularity of digital transformation, and automation in countries such as China, Japan, and others. Moreover, the surging demand for automation solutions in different organization in the Asia Pacific region is estimated to rise the market’s growth in the region.