April 4, 2020

IT Robotic Automation Market: Asia Pacific will increase significantly during the forecast period

According to a new market research report published by Credence Research, the IT robotic automation market is set to grow by 27.5% during the forecast period.

Market Insights
The IT robotic automation market is driven by the increasing adoption of cloud computing technology among companies. Enterprises are shifting to cloud technologies due to multiple benefits, such as cost-effectiveness, flexibility and scalability, offered by technology compared to conventional solutions. In addition, cloud computation allows businesses to focus on their core business competencies. It also acts as a key driver for the adoption of cloud computing technologies across companies.

As competition between IT companies is increasing and the complexities between IT infrastructure and maintenance are increasing, companies have begun to look for effective ways to address these challenges. Robotic automation significantly resolves the complexities of the IT infrastructure and enhances business performance, thus offering companies a competitive edge and driving market growth across the globe. However, outsourcing of business process activities is hindering the growth of the market.

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The IT robotic automation market is a segment based on professional services, BPO services and consulting services. Professional services are defined as a set of services offered by the vendor to facilitate the deployment and delivery of solutions to accelerate time for value-added companies. Consulting services are defined as the services offered by the supplier to help businesses better understand new solutions and technologies.

It is estimated that the Asia Pacific will increase significantly during the forecast period. The growth of the market is driven by the growing IT sector in the region. Rapid digitalization across the IT sector is also one of the main factors driving market growth. In addition, the increasing need among enterprises to enhance business and operational performance also serves as a major driver of market growth.

The prominent players of the IT robotic automation market are Appian Corporation, Accenture PLC, Automation Anywhere Inc, Blue Prism, Be Informed B.V., Cognizant Technology Solutions Corp, Sutherland Global Services, Genpact Ltd, Genfour, Hewlett Packard Company, Ipsoft Inc, Infosys Limited, and Tata Consultancy.

Credence Research is providing Free Sample Get it here: https://www.credenceresearch.com/sample-request/60057

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