Robotic Process Automation (RPA) Market Size, Share Global Analysis Report, 2025-2034
Robotic Process Automation (RPA) Market Size, Share Global Analysis Report, 2025-2034

Robotic Process Automation (RPA) Market Size, Share, Trends, Industry Analysis Report: By Process (Automated Solution, Decision Support and Management Solution, and Interaction Solution), Operation, Type, Industry, Organization Size, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast 2025–2034

  • Published Date:Jan-2025
  • Pages: 128
  • Format: PDF
  • Report ID: PM1010
  • Base Year: 2024
  • Historical Data: 2020-2023

Robotic Process Automation (RPA) Market Overview

The global robotic process automation market size was valued at USD 18.99 billion in 2024. The market is projected to grow from USD 26.10 billion in 2025 to USD 483.29 billion by 2034, exhibiting a CAGR of 38.3% from 2025 to 2034.

Robotic process automation (RPA) integrates APIs and user interface interactions to optimize repetitive tasks, even across disconnected enterprise applications that don’t naturally communicate with each other. Robotic process automation tools automate processes in these isolated systems through scripts that mimic human actions, allowing businesses to handle tasks efficiently without human involvement. By relying on rule-based software, RPA handles business processes at scale, reducing human resources for more complex tasks. The technology simplifies deployment with drag-and-drop features, making it accessible to both technical and non-technical teams.

RPA enhances productivity, drives innovation, and delivers higher ROI by offloading repetitive work. Operating 24/7 through bots and chatbots, RPA reduces delays and enhances customer satisfaction. Industries such as finance, healthcare, retail, and government have widely adopted RPA, benefiting from lower operational costs, greater accuracy, and improved compliance. It minimizes errors, enhances data security, and ensures consistency, enabling organizations to focus on value-added activities.

A key example is the June 2024 launch of Automation Anywhere's AI + Automation Enterprise System, which integrates AI and automation to accelerate processes. The system features second-generation GenAI Process Models for faster deployment and AI Agents to handle cognitive tasks, improving efficiency in enterprise functions such as customer service, finance, IT, and HR. This solution aims to reduce process times and boost business outcomes.

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Robotic Process Automation Market Dynamics

Increasing Demand for Automation in Various Industries

RPA offers an effective solution to automate repetitive and time-consuming tasks, such as data entry and document processing, as businesses seek to improve operational efficiency, reduce costs, and minimize human error. The scalability and flexibility of RPA tools allow organizations to quickly implement automation without extensive development resources, which is especially important in rapidly evolving markets. For instance, in January 2023, Deutsche Bank, in partnership with its Blue Water Fintech Lab, launched an RPA commercialization program, introducing a multibank data processing and reconciliation solution. This tool helps corporate treasurers automate complex tasks, providing real-time data and insights to inform strategic decisions. This demand is further fueled by the need for improved accuracy, compliance, and customer satisfaction, making RPA an integral part of digital transformation strategies across industries. Thus, the rising emphasis on automation by industries worldwide propels the RPA market development.

Technological Advancements and Improved Customer Experience

RPA helps organizations improve customer experience by automating repetitive tasks, enabling employees to focus on more complex, value-adding activities. This leads to faster response times and improved customer satisfaction. Technological advancements, particularly in artificial intelligence (AI) and machine learning (ML), are fueling the development of RPA. These innovations allow bots to automate increasingly complex tasks, improving efficiency and accuracy. For instance, in October 2023, Infor launched its Enterprise Automation solution on AWS, combining RPA, AI/ML, and data integration into a single platform. This tool helps businesses scale automation across operations, enabling seamless interaction with Infor CloudSuites and other apps while reducing integration costs and risks. Thus, technological advancements in AI and ML and the ability of robotic process automation to enhance customer experience boost the robotic process automation (RPA) market revenue.

Robotic Process Automation (RPA) Market Segment Insights

Robotic Process Automation (RPA) Market Assessment Based on Type

The global robotic process automation market, based on type, is segmented into tool based, model based application tools, process based application tools, service based consulting, integration and development, and training. In 2024, the tool-based segment dominated the global RPA market due to its broad applicability and ease of implementation. Tool-based RPA solutions enable businesses to automate repetitive tasks quickly with minimal upfront investment in technical expertise. These tools allow non-developers to build and deploy automation workflows using simple drag-and-drop interfaces, making RPA more accessible to a wider range of industries. Additionally, the scalability of tool-based RPA enables businesses to handle growing process automation needs without requiring changes to existing systems, further driving its adoption across sectors. The flexibility and cost-effectiveness of these solutions have contributed to their widespread use in various industries, including finance, healthcare, and manufacturing.

Robotic Process Automation Market Evaluation Based on Process

The global robotic process automation (RPA) market, based on process, is segmented into automated solutions, decision support and management solutions, and interaction solution. The automated solutions segment is projected to witness the fastest growth from 2025 to 2034 due to their ability to streamline repetitive and time-consuming tasks across industries. These solutions provide businesses with cost and time savings by automating routine processes such as data entry, form processing, and report generation. The increasing demand for operational efficiency, coupled with advancements in automation tools that require minimal coding, is driving the adoption of automated solutions. Furthermore, automated solutions are becoming integral to their digital transformation strategies as organizations seek to reduce human error, improve consistency, and enhance scalability. This demand is particularly high in sectors such as finance, healthcare, and manufacturing, where large-scale process automation is crucial for staying competitive.

Robotic Process Automation Market Regional Analysis

By region, the study provides the robotic process automation (RPA) market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America dominated the global market in 2024 due to its advanced technological infrastructure, high adoption rates of automation solutions, and the presence of key industry players. The region's strong focus on digital transformation, coupled with a well-established IT ecosystem, has accelerated the implementation of RPA across various industries, including finance, healthcare, and retail. Additionally, North American companies are increasingly investing in RPA to optimize operational efficiency, reduce costs, and improve customer experience. The region's high levels of innovation, supported by significant R&D investments, further drive the adoption of RPA technologies. In addition, favorable government policies and a growing emphasis on data security and compliance have contributed to the rapid expansion of the RPA market in the region. For instance, a December 2021 report published by the State of Federal RPA highlights that the federal government is actively working to integrate intelligent automation (IA) into RPA systems, further streamlining agency operations. Notably, 32% of RPA programs have begun incorporating AI technologies, enhancing their ability to manage more complex tasks. ​

The Asia Pacific robotic process automation (RPA) market is expected to witness the fastest growth during the forecast period due to the region's rapid digital transformation and increasing adoption of automation technologies across industries such as manufacturing, finance, healthcare, and retail. Many businesses in the region are looking to improve operational efficiency, reduce costs, and enhance customer experiences, making RPA an attractive solution. Additionally, the growing demand for advanced technologies, such as AI and ML, further supports RPA adoption. Governments in countries such as India, China, and Japan are investing in automation to modernize their industries, contributing to the regional market growth. For instance, in October 2023, Shri S Krishnan, Secretary of MeitY, inaugurated the first robotic process automation (RPA) lab at NIELIT Gorakhpur under the Future Skill PRIME Project. This initiative aims to upskill the workforce in RPA technology, bridging the industry-academia gap and enhancing public services through automation. The presence of a large pool of skilled workforce and a favorable business environment also support the accelerated adoption of RPA technologies in the region.

Robotic Process Automation Market – Key Players and Competitive Insights

The competitive landscape of the robotic process automation (RPA) market features a mix of global leaders and regional players aiming for market share through technological innovation, strategic collaborations, and geographic expansion. Prominent companies such as Automation Anywhere, UiPath, Blue Prism, and Pegasystems leverage extensive R&D capabilities and robust distribution channels to deliver advanced automation solutions, including AI-powered bots and workflow optimization tools. Emerging trends highlight increasing adoption of cloud-based RPA, integration with AI and machine learning, and advancements in process mining to enhance operational efficiency. The RPA market is projected to grow, fueled by rising demand for automation in industries such as banking, healthcare, and manufacturing. Regional players focus on localized needs, offering cost-effective solutions and tailored services, particularly in fast-growing markets such as the Asia Pacific, which is anticipated to exhibit the fastest growth. Competitive strategies include mergers and acquisitions, partnerships with technology providers, and the development of industry-specific automation tools, addressing the growing need for scalable and flexible solutions. These efforts underline the importance of innovation, strategic alignment, and regional focus in driving the RPA market forward. A few key major players are Blue Prism Group Plc; Celaton Ltd.; Kofax Ltd.; Xerox Corporation; IBM; Verint Systems Inc.; Automation Anywhere Inc.; Ipsoft, Inc.; Redwood Software; UiPath; Pegasystems Inc.; Microsoft; Daythree Business Services Sdn Bhd; Kryon Systems; and Softomotive.

International Business Machines Corporation (IBM) is an American multinational technology company operating in over 75 countries. IBM RPA is a comprehensive solution designed to automate business and IT processes efficiently and at scale. Leveraging AI-driven capabilities, the solution allows organizations to transition from simple task automation to complex, end-to-end process automation. This technology utilizes software robots or bots to execute tasks based on AI insights, enhancing operational efficiency and reducing human error. By automating repetitive tasks, businesses can free up their workforce for higher-value activities, which boosts productivity and innovation. IBM RPA integrates seamlessly with various applications through user interface interactions and APIs, enabling automation across diverse systems and tasks such as data entry, file movement, and form filling. It also supports intelligent chatbots for enhanced customer engagement and provides rapid deployment, allowing businesses to quickly implement automation solutions and accelerate ROI.

Microsoft is a multinational technology company headquartered in Redmond, Washington. Microsoft offers various products and services, including operating systems, productivity software, gaming consoles, and cloud-based solutions. Its flagship product, Microsoft Windows, is the world's most widely used operating system. Other popular products include Microsoft Office, Skype, and the Xbox gaming console. Microsoft has invested heavily in AI and ML technologies in recent years. The company has been using AI to improve its products and services and developing new AI-based applications. For Instance, Microsoft's Cortana virtual assistant uses machine learning to provide personalized recommendations and insights to users. Microsoft has also developed several AI-based products and services, including the Azure Machine Learning platform, which allows developers to build, deploy, and manage machine learning models at scale.

List of Key Companies in Robotic Process Automation (RPA) Market

  • Blue Prism Group Plc
  • Celaton Ltd.
  • Kofax Ltd.
  • IBM
  • Xerox Corporation
  • Verint Systems Inc.
  • Automation Anywhere Inc.
  • Ipsoft, Inc.
  • Redwood Software
  • UiPath
  • Pegasystems Inc.
  • Daythree Business Services Sdn Bhd
  • Kryon Systems
  • Microsoft

Robotic Process Automation (RPA) Industry Developments

In November 2024, IBM released Robotic Process Automation version 23.0.19, featuring updates to its client and server functionalities. This version allows users to add comments to the Define Variable (defVar) command, with these comments appearing as descriptions of input variables in the IBM RPA control center. Additionally, the update resolves known issues reported by users and addresses problems documented through IBM’s authorized program analysis reports (APARs).

In May 2024, AdvancedAdvT, a business software and solutions provider, announced its acquisition of Celaton, the developer of the intelligent document processing platform inSTREAM. This acquisition aims to complement AdvT's existing offerings and enhance services for clients in areas such as end-to-end business processing and sales order automation.

In February 2023, Kofax Limited announced a new software called TotalAgility 7.11, which helps businesses automate tasks smarter. The new version includes better features for Intelligent Document Processing (IDP), easier tools for designing workflows with little coding, and improved security features for developers (called DevSecOps).

Robotic Process Automation Market Segmentation

By Process Outlook (Revenue – USD Billion, 2020–2034)

  • Automated Solution
  • Decision Support and Management Solution
  • Interaction Solution

By Type Outlook (Revenue – USD Billion, 2020–2034)

  • Tool Based
  • Model Based Application Tools
  • Process Based Application Tools
  • Service Based Consulting
  • Integration and Development
  • Training

By Operation Outlook (Revenue – USD Billion, 2020–2034)

  • Rule Based
  • Knowledge Based

By Industry Outlook (Revenue – USD Billion, 2020–2034)

  • IT & Telecom
  • Healthcare and Pharma
  • BFSI
  • Manufacturing
  • Logistics
  • Retail
  • Travel & Hospitality

By Organization Size Outlook (Revenue – USD Billion, 2020–2034)

  • SMBs
  • Large Enterprises

By Regional Outlook (Revenue – USD Billion, 2020–2034)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Netherlands
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    •  Japan
    •  India
    •  Malaysia
    •  South Korea
    • Indonesia
    • Australia
    • Vietnam
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

Robotic Process Automation Market Report Scope

Report Attributes

Details

Market Size Value in 2024

USD 18.99 billion

Market Size Value in 2025

USD 26.10 billion

Revenue Forecast by 2034

USD 483.29 billion

CAGR

38.3% from 2025 to 2034

Base Year

2024

Historical Data

2020–2023

Forecast Period

2025–2034

Quantitative Units

Revenue in USD billion and CAGR from 2025 to 2034

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends

Segments Covered

  • By Process
  • By Type
  • By Operation
  • By Industry
  • By Organization Size

Regional Scope

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Competitive Landscape

  • Robotic Process Automation (RPA) Industry Trends Analysis (2024)
  • Company profiles/industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments

Report Format

  • PDF + Excel

Customization

Report customization as per your requirements with respect to countries, regions,  and segmentation.

FAQ's

The global robotic process automation (RPA) market size was valued at USD 18.99 billion in 2024 and is projected to grow to USD 483.29 billion by 2034.

The global market is projected to register a CAGR of 38.3% from 2025 to 2034.

In 2024, North America dominated the market due to the strong presence of advanced technology industries, leading research institutions, and substantial investments in optical and photonic technologies across the region.

A few key players in the market are Blue Prism Group Plc; Celaton Ltd.; Kofax Ltd.; Xerox Corporation; IBM; Verint Systems Inc.; Automation Anywhere Inc.; Ipsoft, Inc.; Redwood Software; UiPath; Pegasystems Inc.; Microsoft; Daythree Business Services Sdn Bhd; Kryon Systems; Softomotive.

In 2024, the tool-based segment dominated the global robotic process automation (RPA) market.

The automated solutions segment is expected to witness the fastest growth during the forecast period.