Robotic process automation revenue to increase nearly 20% next year

September 21, 2020

Gartner Inc. estimates that gross sales of software program for the automation of robotic processes will enhance by 19.5% in 2021 in comparison with the present yr.

The RPA market is predicted to develop at double digits via 2024.

“The principle driver for RPA initiatives is their capability to enhance course of high quality, velocity and productiveness. This turns into more and more necessary as corporations try to fulfill price discount necessities throughout Covid-19,” stated Fabrizio Biscotti, Analysis VP at Gartner.

On this yr alone, gross sales of RPA software program elevated by 11.9% in comparison with 2019.

Gartner predicted that 90% of the world’s giant corporations can have some type of RPA in place by 2022.

“Gartner assumes that the demand for RPA will enhance and that service suppliers will be capable to present their prospects with RPA options extra constantly as a result of results of Covid-19,” stated Cathy Tornbohm, revered analysis vice chairman at Gartner. “The lowered reliance on human labor for routine digital processes will likely be extra interesting to finish customers not solely to scale back prices, but additionally to insure their enterprise towards future impacts like this pandemic.”

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