Europe Robotic Process Automation Market Forecast to 2030 - Regional Analysis - by Component [Solution and Service (Consulting, Integration & Development, Support & Maintenance, and Training)], Deployment (On-Premise and Cloud), Organization Size (Large Enterprises and SMEs), and End-User Industry (BFSI, e-Commerce & Retail, Healthcare, IT & Telecom, Manufacturing, and Others)

BMIRE00030274 | Pages: 132 | Technology, Media and Telecommunications | Jun 2024 | Type: Regional | Status: Published

The Europe robotic process automation market was valued at US$ 918.02 million in 2022 and is expected to reach US$ 1,823.50 million by 2030; it is estimated to register at a CAGR of 9.0% from 2022 to 2030.

Increased Demand for Robotic Process Automation in BPO Drives Europe Robotic Process Automation Market

IT department workers devote more than 20% of their working hours to repetitive tasks. Because of this, various IT companies outsource their tasks, such as invoice processing, claims processing, data entry, data extraction, or other repetitive tasks, to different vendors. As robotic process automation (RPA) can benefit these companies by increasing productivity, its demand is increasing globally. The business process outsourcing (BPO) sector, which always seeks to increase cost efficiency while carrying out routine and repetitive work, requires robotic process automation as it can help BPO companies increase productivity by automating repetitive manual operations while maintaining low costs. In addition, when the robotic process automation program is set and running, the maintenance cost can also be minimal, saving both time and money compared to training and hiring new employees.

Furthermore, as robotic process automation uses automated workflows, it can help process, calculate, and develop reports, providing an almost error-free performance. Automation systems such as bots are mostly designed to handle data through predefined rules, thus offering a consistent workflow at any time. robotic process automation also provides the reliability of the product. Bots help check the data and match it with the instructed outline. If the data is not matched, the robotic process automation system can flag it and reject the data. Moreover, robotic process automation provides high scalability and flexibility. Its scale on-demand feature ensures great flexibility for businesses, allowing them to take on big projects to increase ROI. Hence, all the above benefits of robotic process automation in BPO are increasing its demand globally, driving the Europe robotic process automation market.

Europe Robotic Process Automation Market Overview

Europe has established itself as a significant player in the robotic process automation market, experiencing notable growth and widespread adoption of robotic process automation solutions. The region's emphasis on digital transformation, advanced technological infrastructure, and prioritization of automation has contributed to its prominent position in the robotic process automation landscape. Various European countries have enthusiastically embraced robotic process automation, particularly in sectors such as banking, finance, insurance, healthcare, and manufacturing. These industries have acknowledged the potential of robotic process automation in streamlining processes, improving operational efficiency, and reducing costs. The European market benefits from a mature ecosystem that supports the growth of robotic process automation with the presence of established robotic process automation vendors and a highly skilled workforce. Moreover, the region's regulatory environment fosters innovation and digitalization, thereby promoting the adoption of robotic process automation. Countries such as France, Germany, the UK United Kingdom, and the Netherlands have been at the forefront of robotic process automation adoption in Europe, leveraging their robust IT capabilities, strong automation focus, and favorable business environment that encourages technological advancements.

Furthermore, Europe's commitment to technologies such as artificial intelligence and robotics has created a conducive environment for the development and implementation of robotic process automation. Investments in research and development, along with collaborations between industry and academia, have spurred innovation in the robotic process automation sector in Europe.

Europe Robotic Process Automation Market Revenue and Forecast to 2030 (US$ Million)

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Europe Robotic Process Automation Market Segmentation

The Europe robotic process automation market is segmented based on component, deployment, organization size, end-user industry, and country.

Based on component, the Europe robotic process automation market is bifurcated into solution and service. The service segment held a larger share in 2022. The service segment is sub-categorized into consulting, integration & development, support & maintenance, and training.

In terms of deployment, the Europe robotic process automation market is bifurcated into on-premise and cloud. The on-premise segment held a larger share in 2022.

Based on organization size, the Europe robotic process automation market is bifurcated into SMEs and large enterprises. The large enterprises segment held a larger share in 2022.

By end-user industry, the Europe robotic process automation market is segmented into BFSI, e-commerce & retail, healthcare, IT & Telecom, manufacturing, and others. The BFSI segment held the largest share in 2022.

Based on country, the Europe robotic process automation market is categorized into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The UK dominated the Europe robotic process automation market in 2022.

Appian Corp, Automation Anywhere Inc, Blue Prism Ltd, Datamatics Global Services Ltd, International Business Machines Corp, Microsoft Corp, NICE Ltd, Pegasystems Inc, Salesforce Inc, SAP SE, and UiPath Inc are some of the leading companies operating in the Europe robotic process automation market.

Table of Content

 

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Robotic Process Automation Market Landscape

4.1 Overview

4.2 Value Chain Analysis

4.3 Ecosystem Analysis

5. Europe Robotic Process Automation Market - Key Market Dynamics

5.1 Europe Robotic Process Automation Market - Key Market Dynamics

5.2 Market Drivers

5.2.1 Increased Demand for Robotic Process Automation in BPO

5.2.2 Cost Benefits Offered by Robotic Process Automation

5.2.3 Rise in Use of Robotic Process Automation in BFSI Sector

5.3 Market Restraints

5.3.1 Frequent Alterations in Operating Procedures and Business Rules Impacting Robotic Process Automation Efficiency

5.3.2 Lack of Prospects in Small and Medium Businesses (SMBs)

5.4 Market Opportunities

5.4.1 Rising Demand for Cognitive Robotic Process Automation

5.4.2 Increasing Adoption of Robotic Process Automation in Retail Sector

5.5 Future Trends

5.5.1 Growing Technological Advancements

5.6 Impact of Drivers and Restraints:

6. Robotic Process Automation Market - Europe Market Analysis

6.1 Europe Robotic Process Automation Market Revenue (US$ Million), 2022 - 2030

6.2 Europe Robotic Process Automation Market Forecast and Analysis

7. Europe Robotic Process Automation Market Analysis - Component

7.1 Solution

7.1.1 Overview

7.1.2 Solution Market, Revenue and Forecast to 2030 (US$ Million)

7.2 Service

7.2.1 Overview

7.2.2 Service Market, Revenue and Forecast to 2030 (US$ Million)

7.2.3 Europe Robotic Process Automation Market, By Service

7.2.4 Consulting

7.2.4.1 Overview

7.2.4.2 Consulting Market, Revenue and Forecast to 2030 (US$ Million)

7.2.5 Integration & Development

7.2.5.1 Overview

7.2.5.2 Integration & Development Market, Revenue and Forecast to 2030 (US$ Million)

7.2.6 Support & Maintenance

7.2.6.1 Overview

7.2.6.2 Support & Maintenance Market, Revenue and Forecast to 2030 (US$ Million)

7.2.7 Training

7.2.7.1 Overview

7.2.7.2 Training Market, Revenue and Forecast to 2030 (US$ Million)

8. Europe Robotic Process Automation Market Analysis - Deployment

8.1 On-Premise

8.1.1 Overview

8.1.2 On-Premise Market, Revenue and Forecast to 2030 (US$ Million)

8.2 Cloud

8.2.1 Overview

8.2.2 Cloud Market, Revenue and Forecast to 2030 (US$ Million)

9. Europe Robotic Process Automation Market Analysis - Organization Size

9.1 Large Enterprises

9.1.1 Overview

9.1.2 Large Enterprises Market, Revenue and Forecast to 2030 (US$ Million)

9.2 SMEs

9.2.1 Overview

9.2.2 SMEs Market, Revenue and Forecast to 2030 (US$ Million)

10. Europe Robotic Process Automation Market Analysis - End-User Industry

10.1 BFSI

10.1.1 Overview

10.1.2 BFSI Market, Revenue and Forecast to 2030 (US$ Million)

10.2 e-Commerce & Retail

10.2.1 Overview

10.2.2 e-Commerce & Retail Market, Revenue and Forecast to 2030 (US$ Million)

10.3 Healthcare

10.3.1 Overview

10.3.2 Healthcare Market, Revenue and Forecast to 2030 (US$ Million)

10.4 IT & Telecom

10.4.1 Overview

10.4.2 IT & Telecom Market, Revenue and Forecast to 2030 (US$ Million)

10.5 Manufacturing

10.5.1 Overview

10.5.2 Manufacturing Market, Revenue and Forecast to 2030 (US$ Million)

10.6 Others

10.6.1 Overview

10.6.2 Others Market, Revenue and Forecast to 2030 (US$ Million)

11. Europe Robotic Process Automation Market - Analysis

11.1 Europe

11.1.1 Europe Robotic Process Automation Market Overview

11.1.2 Europe Robotic Process Automation Market Revenue and Forecasts and Analysis - By Country

11.1.2.1 Europe Robotic Process Automation Market Revenue and Forecasts and Analysis - By Country

11.1.2.2 Germany Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)

11.1.2.2.1 Germany Robotic Process Automation Market Breakdown, by Component

11.1.2.2.1.1 Germany Robotic Process Automation Market Breakdown, by Service

11.1.2.2.2 Germany Robotic Process Automation Market Breakdown, by Deployment

11.1.2.2.3 Germany Robotic Process Automation Market Breakdown, by Organization Size

11.1.2.2.4 Germany Robotic Process Automation Market Breakdown, by End-User Industry

11.1.2.3 France Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)

11.1.2.3.1 France Robotic Process Automation Market Breakdown, by Component

11.1.2.3.1.1 France Robotic Process Automation Market Breakdown, by Service

11.1.2.3.2 France Robotic Process Automation Market Breakdown, by Deployment

11.1.2.3.3 France Robotic Process Automation Market Breakdown, by Organization Size

11.1.2.3.4 France Robotic Process Automation Market Breakdown, by End-User Industry

11.1.2.4 Italy Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)

11.1.2.4.1 Italy Robotic Process Automation Market Breakdown, by Component

11.1.2.4.1.1 Italy Robotic Process Automation Market Breakdown, by Service

11.1.2.4.2 Italy Robotic Process Automation Market Breakdown, by Deployment

11.1.2.4.3 Italy Robotic Process Automation Market Breakdown, by Organization Size

11.1.2.4.4 Italy Robotic Process Automation Market Breakdown, by End-User Industry

11.1.2.5 UK Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)

11.1.2.5.1 UK Robotic Process Automation Market Breakdown, by Component

11.1.2.5.1.1 UK Robotic Process Automation Market Breakdown, by Service

11.1.2.5.2 UK Robotic Process Automation Market Breakdown, by Deployment

11.1.2.5.3 UK Robotic Process Automation Market Breakdown, by Organization Size

11.1.2.5.4 UK Robotic Process Automation Market Breakdown, by End-User Industry

11.1.2.6 Russia Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)

11.1.2.6.1 Russia Robotic Process Automation Market Breakdown, by Component

11.1.2.6.1.1 Russia Robotic Process Automation Market Breakdown, by Service

11.1.2.6.2 Russia Robotic Process Automation Market Breakdown, by Deployment

11.1.2.6.3 Russia Robotic Process Automation Market Breakdown, by Organization Size

11.1.2.6.4 Russia Robotic Process Automation Market Breakdown, by End-User Industry

11.1.2.7 Rest of Europe Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)

11.1.2.7.1 Rest of Europe Robotic Process Automation Market Breakdown, by Component

11.1.2.7.1.1 Rest of Europe Robotic Process Automation Market Breakdown, by Service

11.1.2.7.2 Rest of Europe Robotic Process Automation Market Breakdown, by Deployment

11.1.2.7.3 Rest of Europe Robotic Process Automation Market Breakdown, by Organization Size

11.1.2.7.4 Rest of Europe Robotic Process Automation Market Breakdown, by End-User Industry

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Product News & Company News

12.4 Collaboration and Mergers & Acquisitions

13. Company Profiles

13.1 Appian Corp

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Automation Anywhere Inc

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Blue Prism Ltd

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Datamatics Global Services Ltd

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 International Business Machines Corp

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Microsoft Corp

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 NICE Ltd

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Pegasystems Inc

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Salesforce Inc

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 SAP SE

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

13.11 UiPath Inc

13.11.1 Key Facts

13.11.2 Business Description

13.11.3 Products and Services

13.11.4 Financial Overview

13.11.5 SWOT Analysis

13.11.6 Key Developments

14. Appendix

14.1 Word Index

 

List of Tables

Table 1. Europe Robotic Process Automation Market Segmentation

Table 2. Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Million)

Table 3. Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Million) - Component

Table 4. Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Million) - Service

Table 5. Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Million) - Deployment

Table 6. Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Million) - Organization Size

Table 7. Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Million) - End-User Industry

Table 8. Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Country

Table 9. Germany Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Component

Table 10. Germany Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Service

Table 11. Germany Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Deployment

Table 12. Germany Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Organization Size

Table 13. Germany Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By End-User Industry

Table 14. France Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Component

Table 15. France Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Service

Table 16. France Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Deployment

Table 17. France Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Organization Size

Table 18. France Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By End-User Industry

Table 19. Italy Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Component

Table 20. Italy Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Service

Table 21. Italy Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Deployment

Table 22. Italy Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Organization Size

Table 23. Italy Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By End-User Industry

Table 24. UK Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Component

Table 25. UK Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Service

Table 26. UK Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Deployment

Table 27. UK Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Organization Size

Table 28. UK Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By End-User Industry

Table 29. Russia Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Component

Table 30. Russia Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Service

Table 31. Russia Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Deployment

Table 32. Russia Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Organization Size

Table 33. Russia Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By End-User Industry

Table 34. Rest of Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Component

Table 35. Rest of Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Service

Table 36. Rest of Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Deployment

Table 37. Rest of Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By Organization Size

Table 38. Rest of Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn) - By End-User Industry

Table 39. List of Abbreviation

List of Figures

Figure 1. Europe Robotic Process Automation Market Segmentation, By Country

Figure 2. Value Chain: Europe Robotic Process Automation Market

Figure 3. Ecosystem: Europe Robotic Process Automation Market

Figure 4. Impact Analysis of Drivers and Restraints

Figure 5. Europe Robotic Process Automation Market Revenue (US$ Million), 2022 - 2030

Figure 6. Europe Robotic Process Automation Market Share (%) - Component, 2022 and 2030

Figure 7. Solution Market Revenue and Forecasts To 2030 (US$ Million)

Figure 8. Service Market Revenue and Forecasts To 2030 (US$ Million)

Figure 9. Europe Robotic Process Automation Market Share (%) - Service, 2022 and 2030

Figure 10. Consulting Market Revenue and Forecasts To 2030 (US$ Million)

Figure 11. Integration & Development Market Revenue and Forecasts To 2030 (US$ Million)

Figure 12. Support & Maintenance Market Revenue and Forecasts To 2030 (US$ Million)

Figure 13. Training Market Revenue and Forecasts To 2030 (US$ Million)

Figure 14. Europe Robotic Process Automation Market Share (%) - Deployment, 2022 and 2030

Figure 15. On-Premise Market Revenue and Forecasts To 2030 (US$ Million)

Figure 16. Cloud Market Revenue and Forecasts To 2030 (US$ Million)

Figure 17. Europe Robotic Process Automation Market Share (%) - Organization Size, 2022 and 2030

Figure 18. Large Enterprises Market Revenue and Forecasts To 2030 (US$ Million)

Figure 19. SMEs Market Revenue and Forecasts To 2030 (US$ Million)

Figure 20. Europe Robotic Process Automation Market Share (%) - End-User Industry, 2022 and 2030

Figure 21. BFSI Market Revenue and Forecasts To 2030 (US$ Million)

Figure 22. e-Commerce & Retail Market Revenue and Forecasts To 2030 (US$ Million)

Figure 23. Healthcare Market Revenue and Forecasts To 2030 (US$ Million)

Figure 24. IT & Telecom Market Revenue and Forecasts To 2030 (US$ Million)

Figure 25. Manufacturing Market Revenue and Forecasts To 2030 (US$ Million)

Figure 26. Others Market Revenue and Forecasts To 2030 (US$ Million)

Figure 27. Europe Robotic Process Automation Market Breakdown, by Key Countries, 2022 (US$)

Figure 28. Europe Robotic Process Automation Market Breakdown by Key Countries, 2022 and 2030 (%)

Figure 29. Germany Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn)

Figure 30. France Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn)

Figure 31. Italy Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn)

Figure 32. UK Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn)

Figure 33. Russia Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn)

Figure 34. Rest of Europe Robotic Process Automation Market Revenue and Forecasts To 2030 (US$ Mn)

 

 

1. Appian Corp

2. Automation Anywhere Inc

3. Blue Prism Ltd

4. Datamatics Global Services Ltd

5. International Business Machines Corp

6. Microsoft Corp

7. NICE Ltd

8. Pegasystems Inc

9. Salesforce Inc

10. SAP SE

11. UiPath Inc

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