The information technology (it) robotic automation market has seen considerable growth due to a variety of factors.
• The size of the information technology (IT) robotic automation market has seen a fast-paced growth in recent times. There will be a surge from $7.66 billion in 2024 to $9.09 billion in 2025, presenting a compound annual growth rate (CAGR) of 18.6%.
The growth observed in the historic period is linked to the rising demand for robotic process automation (RPA), enriched customer experiences, an increase in funds allocated to research and development, a rise in the number of robotic startups, a surge in the demand for digitization, and an increase in awareness about the advantages of automation.
The information technology (it) robotic automation market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the IT robotic automation market is projected to witness a significant surge, expected to reach $17.78 billion by 2029, growing at a CAGR of 18.3%.
The expansion during the forecast period is likely due to the increased use in the finance and account sector, a greater emphasis on operational agility, the proliferation of IoT devices, the rise of cyber-physical systems, and growing demand for real-time analytics. Predicted trends for the forecast period encompass the progression in AI-powered automation, improved machine learning competencies, integration with cloud platforms, embrace of cognitive automation, advancements in process mining tools, the there is an increasing trend towards no-code automation solutions, as well as the uptake of hyperautomation for comprehensive process automation.
The surge in the requirement for a virtual workforce is predicted to foster the progression of the Information Technology (IT) robotic automation market moving ahead. The global network of distant workers, referred to as the virtual workforce, operates from diverse locations and leverages digital tools and tech advancements to execute their tasks sans a centralized physical office. This demand for a remote workforce is a result of the progression in digital communication technologies, wider accessibility of the internet, globalization, and an escalating demand for pliable work arrangements across different sectors. By harnessing the benefits of IT robotic automation, firms operating in virtual working environments can enhance their productivity, streamline IT support for remote operations, and minimize operational expenses while diminishing the necessity for human engagement in mundane tasks. For illustration, as per the data published by the Office for National Statistics in the UK, the percentage of working adults in Great Britain working from home jumped from 31% in February 2022 to 40% in February 2023, indicating a significant upsurge in remote work within the year. Thus, the surge in demand for the virtual workforce globally is propelling the expansion of the Information Technology (IT) robotic automation market.
The information technology (IT) robotic automation market covered in this report is segmented –
1) By Type: Robotic Process Automation (RPA) Technology Supply, Robotic Process Automation (RPA) Service Supply, Other Types
2) By Tools: Process Based Application, Model-Based Application
3) By Application: Banking, Utilities, Healthcare, Other Applications
Subsegments:
1) By Robotic Process Automation (RPA) Technology Supply: RPA Software Platforms, RPA Development Tools, RPA Analytics and Monitoring Tools, RPA Bot Management and Orchestration Tools, Artificial Intelligence (AI) Integration with RPA
2) By Robotic Process Automation (RPA) Service Supply: RPA Consulting Services, RPA Implementation and Integration Services, RPA Training and Support Services, RPA Process Optimization Services, RPA Managed Services
3) By Other Types: Intelligent Process Automation (IPA), Cognitive Automation, Automation as a Service (AaaS), Artificial Intelligence (AI)-Driven Automation
Major players in the IT robotic automation market are working to create high-tech solutions, such as next-gen robotic control platforms for business administration. With the goal of automating operations, increasing productivity, and reducing the hand-operated element in complicated IT processes. A next-gen robotic control platform is a software tool that automates tasks including project handling, financial operations, and customer interaction furthering workflow and lessening the need for human input. For instance, in June 2024, ABB Ltd., a Switzerland-based firm specializing in automation machinery design, introduced OmniCore, a cutting-edge robotics control platform. OmniCore optimizes business procedures by utilizing quick, accurate, and long-lasting robotic methodologies. It presents a module-based controlling architecture that combines AI, sensor technology, data cloud and edge computing to assist advanced autonomous robotics. The platform offers a comprehensive system which integrates a broad array of hardware and software functions, making it versatile for industries such as biotech and construction and granting businesses the ability to effortlessly create, govern, and amplify their operations.
Major companies operating in the information technology (IT) robotic automation market are include:
•Tata Consultancy Services Limited
• Capgemini SE
• Cognizant Technology Solutions Corporation
• Infosys Limited
• Atos SE
• Sutherland Global Services Inc.
• Genpact LLC
• NICE Systems Ltd.
• Pegasystems Inc.
• UiPath Inc.
• Fortra LLC
• Celonis SE
• Appian Corporation
• Tungsten Automation Corporation
• Automation Anywhere Inc.
• EdgeVerve Systems Limited
• Blue Prism Group plc
• Nintex Global Ltd.
• Cyclone Robotics
• Amelia US LLC
• Redwood Software Inc.
• Kryon Systems Ltd.
• Jacada Inc.
• Bonitasoft S.A.
• OnviSource Inc.
North America was the largest region in the information technology (IT) robotic automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the information technology (IT) robotic automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.