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India Robotic Process Automation Market Report by Component (Software, Services), Operation (Rule-based, Knowledge-based), Deployment Model (On-premises, Cloud-based), Organization Size (Large Enterprises, Small and medium-sized enterprises), End User (BFSI, Healthcare and Pharmaceuticals, Retail and Consumer Goods, IT and Telecommunication, Government and Defense, Transportation and Logistics, Energy and Utilities, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A21834
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Market Overview:
India robotic process automation market size reached US$ 156.06 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 787.3 Million by 2032, exhibiting a growth rate (CAGR) of 18.40% during 2024-2032. Evolving business processes and the introduction of cognitive technologies to automate redundant tasks represent some of the key factors driving the market growth across the country.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 156.06 Million |
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Market Forecast in 2032
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US$ 787.3 Million |
| Market Growth Rate 2024-2032 | 18.40% |
Robotic process automation (RPA) is an advanced software technology designed for constructing, deploying, and overseeing software robots. Its primary function involves the manipulation of data, the transfer of information between diverse applications, the initiation of responses, and the execution of transactions. RPA plays a crucial role in streamlining workflows, enhancing employee satisfaction, engagement, and productivity by eliminating repetitive tasks from their daily responsibilities. Additionally, it delivers increased resilience, heightened accuracy, and expedites transformation efforts, fostering improved compliance and heightened productivity. Given its scalability, minimal investment requirements, and the substantial return on investment (ROI) it provides, the utilization of robotic process automation is expanding across various industry sectors throughout the country.
India Robotic Process Automation Market Trends:
The robotic process automation market in India is undergoing a remarkable evolution, propelled by the country's increasing embrace of advanced technological solutions for business processes. As businesses seek more efficient and streamlined operations, RPA emerges as a transformative force in optimizing workflows and enhancing overall productivity. Additionally, the application of RPA in India extends across various sectors, including finance, healthcare, telecommunications, and manufacturing, where routine and rule-based tasks can be automated to increase efficiency. Besides this, the technology aids in data manipulation, facilitates seamless communication between different applications, triggers automated responses, and executes transactions with precision. By eliminating the burden of repetitive tasks, robotic process automation not only accelerates processes but also allows human resources to focus on more strategic and creative aspects of their roles. The benefits of RPA in India are multifaceted. It not only contributes to increased operational efficiency but also enhances employee satisfaction and engagement by freeing them from mundane tasks. As a result, the India robotic process automation market is witnessing robust growth, driven by a combination of factors such as technological advancements, a competitive business landscape, and a growing awareness of the transformative impact of automation on organizational efficiency. Furthermore, RPA's role in accelerating digital transformation, ensuring compliance, and delivering a notable return on investment (ROI) positions it as a key driver of change in India's rapidly evolving business landscape. This, in turn, is expected to fuel the market growth in the coming years.
India Robotic Process Automation Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, operation, deployment model, organization size, and end user.
Component Insights:
- Software
- Services
The report has provided a detailed breakup and analysis of the market based on the component. This includes software and services.
Operation Insights:
- Rule-based
- Knowledge-based
A detailed breakup and analysis of the market based on the operation have also been provided in the report. This includes rule-based and knowledge-based.
Deployment Model Insights:
- On-premises
- Cloud-based
The report has provided a detailed breakup and analysis of the market based on the deployment model. This includes on-premises and cloud-based.
Organization Size Insights:
- Large Enterprises
- Small and Medium-sized Enterprises
A detailed breakup and analysis of the market based on the organization size have also been provided in the report. This includes large enterprises and small and medium-sized enterprises.
End User Insights:
- BFSI
- Healthcare and Pharmaceuticals
- Retail and Consumer Goods
- IT and Telecommunication
- Government and Defense
- Transportation and Logistics
- Energy and Utilities
- Others
The report has provided a detailed breakup and analysis of the market based on the end user. This includes BFSI, healthcare and pharmaceuticals, retail and consumer goods, it and telecommunication, government and defense, transportation and logistics, energy and utilities, and others.
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
India Robotic Process Automation Market Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million |
| Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
| Components Covered | Software, Services |
| Operations Covered | Rule-based, Knowledge-based |
| Deployment Models Covered | On-premises, Cloud-based |
| Organization Sizes Covered | Large Enterprises, Small and medium-sized enterprises |
| End Users Covered | BFSI, Healthcare and Pharmaceuticals, Retail and Consumer Goods, IT and Telecommunication, Government and Defense, Transportation and Logistics, Energy and Utilities, Others |
| Regions Covered | North India, West and Central India, South India, East and Northeast India |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate User License: US$ 4699 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India robotic process automation market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India robotic process automation market?
- What is the breakup of the India robotic process automation market on the basis of component?
- What is the breakup of the India robotic process automation market on the basis of operation?
- What is the breakup of the India robotic process automation market on the basis of deployment model?
- What is the breakup of the India robotic process automation market on the basis of organization size?
- What is the breakup of the India robotic process automation market on the basis of end user?
- What are the various stages in the value chain of the India robotic process automation market?
- What are the key driving factors and challenges in the India robotic process automation?
- What is the structure of the India robotic process automation market and who are the key players?
- What is the degree of competition in the India robotic process automation market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India robotic process automation market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India robotic process automation market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India robotic process automation industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
Need more help?
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- For further assistance, please connect with our analysts.
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