Global Robotics Process Automation in Finance Market to reach USD 8.36 Billion by 2026

Global Robotics Process Automation in Finance Market Size study with COVID-19 impact, by Type (Software and service), by Service Insight (Consulting, Implementation and Training), by Organization Insight (SMEs and Large Enterprise), by Deployment Insight (Cloud and On-premises), by Application Insight (BFSI, Manufacturing, Pharma and Healthcare, Retail, Telecom & IT and Others) and Regional Forecasts 2020-2026
Product Code:  BAFCS_89329491

TABLE OF CONTENTS

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Robotics Automation in Finance Market, by Region, 2018-2026 (USD Billion)
1.2.2. Robotics Automation in Finance Market, by Type, 2018-2026 (USD Billion)
1.2.3. Robotics Automation in Finance Market, by Service Insight, 2018-2026 (USD Billion)
1.2.4. Robotics Automation in Finance Market, by Organization Insight , 2018-2026 (USD Billion)
1.2.5. Robotics Automation In Finance Market, by Deployment Insight , 2018-2026 (USD Billion)
1.2.6. Robotics Automation In Finance Market, by Application Insight , 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Robotics Automation In Finance Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Robotics Automation In Finance Market Dynamics
3.1. Robotics Automation In Finance Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Robotics Automation In Finance Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Robotics Automation in Finance Market, by Type
5.1. Market Snapshot
5.2. Global Robotics Automation In Finance Market by Type, Performance – Potential Analysis
5.3. Global Robotics Automation In Finance Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
5.4. Robotics Automation In Finance Market, Sub Segment Analysis
5.4.1. Software
5.4.2. Service
Chapter 6. Global Robotics Automation in Finance Market, by Service Insight
6.1. Market Snapshot
6.2. Global Robotics Automation In Finance Market by Service Insight , Performance – Potential Analysis
6.3. Global Robotics Automation In Finance Market Estimates & Forecasts by Service Insight 2016-2026 (USD Billion)
6.4. Robotics Automation In Finance Market, Sub Segment Analysis
6.4.1. Consulting
6.4.2. Implementation
6.4.3. Training
Chapter 7. Global Robotics Automation in Finance Market, by Organization Insight
7.1. Market Snapshot
7.2. Global Robotics Automation In Finance Market by Service Insight , Performance – Potential Analysis
7.3. Global Robotics Automation In Finance Market Estimates & Forecasts by Service Insight 2016-2026 (USD Billion)
7.4. Robotics Automation In Finance Market, Sub Segment Analysis
7.4.1. SMEs
7.4.2. Large Enterprise
Chapter 8. Global Robotics Automation in Finance Market, by Deployment Insight
8.1. Market Snapshot
8.2. Global Robotics Automation In Finance Market by Service Insight , Performance – Potential Analysis
8.3. Global Robotics Automation In Finance Market Estimates & Forecasts by Service Insight 2016-2026 (USD Billion)
8.4. Robotics Automation In Finance Market, Sub Segment Analysis
8.4.1. Cloud
8.4.2. On-premise
Chapter 9. Global Robotics Automation In Finance Market, by Application Insight
9.1. Market Snapshot
9.2. Global Robotics Automation In Finance Market by Application Insight , Performance – Potential Analysis
9.3. Global Robotics Automation In Finance Market Estimates & Forecasts by Application Insight 2016-2026 (USD Billion)
9.4. Robotics Automation In Finance Market, Sub Segment Analysis
9.4.1. BFSI
9.4.2. Manufacturing
9.4.3. Pharma and Healthcare
9.4.4. Retail
9.4.5. Telecom & IT
9.4.6. Others
Chapter 10. Global Robotics Automation In Finance Market, Regional Analysis
10.1. Robotics Automation In Finance Market, Regional Market Snapshot
10.2. North America Robotics Automation In Finance Market
10.2.1. U.S. Robotics Automation In Finance Market
10.2.1.1. Type breakdown estimates & forecasts, 2016-2026
10.2.1.2. Service Insight breakdown estimates & forecasts, 2016-2026
10.2.1.3. Organization Insight breakdown estimates & forecasts, 2016-2026
10.2.1.4. Deployment Insight breakdown estimates & forecasts, 2016-2026
10.2.1.5. Application Insight breakdown estimates & forecasts, 2016-2026
10.2.2. Canada Robotics Automation In Finance Market
10.3. Europe Robotics Automation In Finance Market Snapshot
10.3.1. U.K. Robotics Automation In Finance Market
10.3.2. Germany Robotics Automation In Finance Market
10.3.3. Rest of Europe Robotics Automation In Finance Market
10.4. Asia-Pacific Robotics Automation In Finance Market Snapshot
10.4.1. China Robotics Automation In Finance Market
10.4.2. India Robotics Automation In Finance Market
10.4.3. Japan Robotics Automation In Finance Market
10.4.4. Rest of Asia Pacific Robotics Automation In Finance Market
10.5. Latin America Robotics Automation In Finance Market Snapshot
10.5.1. Brazil Robotics Automation In Finance Market
10.5.2. Mexico Robotics Automation In Finance Market
10.6. Rest of The World Robotics Automation In Finance Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. UiPath
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Technology Summary
11.2.1.5. Recent Developments
11.2.2. Automation Anywhere Inc.
11.2.3. NICE Ltd
11.2.4. Blue Prism
11.2.5. Pegasystems
11.2.6. Kofax
11.2.7. NTT Advanced Technology Corporation
11.2.8. Genpact Ltd
11.2.9. Edge Verve
11.2.10. IPsoft, Inc.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

Global Robotics Process Automation in Finance Market is valued approximately USD 1.10 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 33.60% over the forecast period 2019-2026. Robotic Process Automation is referred to the technology which allows configuration of computer software, or a “robot” to emulate and integrate the actions of a human interacting within digital systems to execute a business process. RPA robots utilize the user interface to capture data and manipulate applications just like humans do. Within a financial sector, robotics process automation helps in improving various banking process related to payable accounts, credit card processing, overall customer service, account closure process, opening accounts and receivables, and mortgage processing, among others. Also, it helps in eliminating repetitive and time-consuming manual tasks within an organization. Whereas, it has favorable benefit within financial department of various organizations from different sectors enceto manage and cooperate with the financial distress occurred within an organization due to the COVID-19. In, addition, the rapid growth in banking, financial services and insurance (BFSI) across the globe and commendable application of robotics process automation in eliminating repetitive and time-consuming manual tasks is driving the growth of market over the forecast years. Along with the rising challenges of tedious operational processes such as intense competition, workflow disconnect, and inaccurate reporting of transactions propel the growth of robotics process automation in finance market over the forecast years. For instance: as per the Indian Brand Equity Foundation (IBEF), the Indian banking system consists of 18 public sector banks, 22 private sector banks, 46 foreign banks, 53 regional rural banks, 1,542 urban cooperative banks and 94,384 rural cooperative banks as of September 2019. During FY07–19, deposits grew at a CAGR of 11.11 per cent and reached US$ 1.86 trillion by FY19. Similarly, in 2019, the US banking industry has shown modest improvement in most areas and remains strong. ROC stood at 18 percent, supported by a strong return of assets (ROA) of 1.5 percent. Total assets were US$16.5 trillion, increases by 3 percent from the previous year (2018). Moreover, adoption of advanced technologies such as machine learning and artificial intelligence in Robotics process automation in finance is expected to accelerate the growth of market over the forecast years. However, lack of awareness and security concerns related with robotics automation in finance market is hampering the growth of market over the forthcoming period.

The regional analysis of global Robotics Process Automation in Finance market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rapid growth in BFSI sector in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as adoption of advanced technologies and threat of increasing repetitive and time-consuming manual tasks in the financial sector would create lucrative growth prospects for the Robotics Process Automation in Finance market across Asia-Pacific region.

Major market player included in this report are:
UiPath
Automation Anywhere Inc.
NICE Ltd
Blue Prism
Pegasystems
Kofax
NTT Advanced Technology Corporation
Genpact Ltd
EdgeVerve
IPsoft Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Technology offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Software
Service

By Service Insight:
Consulting
Implementation
Training

By Organization Insight:
SMEs
Large Enterprise

By Deployment Insight:
Cloud
On-premise

By Application Insight:
BFSI
Manufacturing
Pharma and Healthcare
Retail
Telecom & IT
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Robotics Process Automation in Finance Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


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