Automation as a service is a package of education, consulting, research and execution to disrupt the tech and professional services by demonstrating robotics process automation, under a fixed price per model. The increasing adoption of smart and reliable automation processes by organizations in order to improve efficiency and reduce costs is one of the major factors resulting in the growth of the market. Furthermore, the rise in the adoption of cloud technology along with the increased adoption of AI and machine learning is projected to boost market growth in the coming years. Increasing adoption of automation in SMEs and the ability to generate a high rate of return is creating new opportunities for the market to grow in five years. However, the maintenance of data security and concerns regarding privacy are estimated to hamper market growth during the forecast period. The market is segmented into component, platform, organization size, end-user, and geography. Based on organization size, the small and medium-sized enterprise is expected to hold a significant share in the market owing to its wide adoption for gaining rate on return and efficiency in the process. Geographically, North America is projected to be a substantial shareholder in the market during the forecasted period due to its early and rapid adoption of automation along with the availability of modern information technology infrastructure which supports automation in countries like the U.S.A and Canada.
Growth in demand for automation in business processes.
The rise in the adoption of cloud-based technology.
Difficulty in the maintenance of data security and privacy.
In June 2019, Automation Anywhere collaborated with Microsoft to advance their intelligent automation.
In July 2019, Blue Prism collaborated with Microsoft to deliver its free cloud trial on Azure.
The major players profiled in the automation as a service market are Microsoft, Blue Prism, HCL Technologies, IBM, Automation Anywhere, Uipath, Hewlett Packard Enterprise, Nice Ltd., Kofax, and Pegasystems.
Automation as a service market has been analyzed through the following segments:
By Organization Size
Small and Medium-Sized Enterprise
Retail and Consumer Goods
Healthcare and Pharmaceutical
Telecom and IT
Middle East and Africa
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. AUTOMATION AS A SERVICE MARKET BY COMPONENT
6. AUTOMATION AS A SERVICE MARKET BY PLATFORM
7. AUTOMATION AS A SERVICE MARKET BY ORGANIZATION SIZE
7.1. Small and Medium-Sized Enterprise
7.2. Large Enterprise
8. AUTOMATION AS A SERVICE MARKET BY END-USER
8.1. Retail and Consumer Goods
8.3. Healthcare and Life Sciences
8.5. Telecom and IT
9. AUTOMATION AS A SERVICE MARKET BY GEOGRAPHY
9.1. North America
9.2. South America
9.3.3. United Kingdom
9.4. Middle East and Africa
9.4.1. Saudi Arabia
9.5. Asia Pacific
9.5.3. South Korea
10. COMPETITIVE INTELLIGENCE
10.1. Competitive Benchmarking and Analysis
10.2. Recent Investment and Deals
10.3. Strategies of Key Players
11. COMPANY PROFILES
11.2. Blue Prism
11.3. HCL Technologies
11.5. Automation Anywhere
11.7. Hewlett Packard Enterprise
11.8. Nice Ltd.
LIST OF FIGURES
LIST OF TABLES
Hewlett Packard Enterprise
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