North America 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)
The North America robotic process automation market was valued at US$ 1,271.08 million in 2022 and is expected to reach US$ 2,445.45 million by 2030; it is estimated to register at a CAGR of 8.5% from 2022 to 2030.
Growing Technological Advancements Fuel North America Robotic Process Automation Market
In the coming years, the market is anticipated to enter a new category of software vendors who will be developing advanced analytics and data mining capabilities. This would further extend the scope of automation across more multifaceted processes and allow the automation of processes with variable degrees of unstructured data/content. This unstructured data/content would include freeform emails. The net impact of burgeoning autonomics in industries will result in lower labor arbitrage benefits from offshoring of processes, which would further result in increased consideration toward in-sourcing strategy.
In addition, the North America robotic process automation market will be experiencing a shift toward smart process automation as enterprises continue to experience an optimal return on investments with the implementation of robotic process automation coupled with persisting digital transformation platforms. This, in turn, would transform the business processes to be smarter in terms of developing more insightful data and decision-making, subsequently enabling the enterprises to take more noteworthy strides in the automation of business-oriented processes.
North America Robotic Process Automation Market Overview
North America includes the US, Canada, and Mexico. The availability of efficient infrastructure in the above countries has enabled manufacturing companies to expand themselves in the region. The US possesses modern technology, a high standard of living, well-developed infrastructure, and many other aspects of being a developed nation. Across North America, technological advancements have led to a highly competitive market. Globalization has further increased business competitiveness across most sectors in developed and developing nations. It has led businesses to focus on customer experience management to retain existing customers and convert first-time users to repeat customers. With the increasing customer demand for high-quality products and services, organizations are increasingly adopting robotic process automation solutions such as bots. It enables them to enhance the overall business processes while meeting the customers' demands in the best possible way.
The region witnessed a significant increase in its relative share and the volume of global outsourcing contracts. The public sector, banking and financial service organizations, and healthcare sector are seeing a rise in the demand for automation tools. The BFSI organizations in the country are increasingly deploying robotic process automation software in order to improve their business process. In addition, the demand for robotic process automation solutions has increased in the healthcare and pharmaceutical industries. It was positively impacted during the pandemic, as demand for virtual assistants, patient scheduling, and verification services rose. The IT outsourcing service providers are also opening new and advanced service centers in North American countries, as there is a rising demand for better customer satisfaction. Thus, all the above factors are fueling the growth of the North America robotic process automation market.
North America Robotic Process Automation Market Revenue and Forecast to 2030 (US$ Million)
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North America Robotic Process Automation Market Segmentation
The North America robotic process automation market is segmented based on component, deployment, organization size, end-user industry, and country.
Based on component, the North America 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 North America 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 North America 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 North America 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 North America robotic process automation market is categorized into the US, Canada, and Mexico. The US dominated the North America robotic process automation market in 2022.
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 North America 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. North America Robotic Process Automation Market Landscape
4.1 Overview
4.2 Value Chain Analysis
4.3 Ecosystem Analysis
5. North America Robotic Process Automation Market - Key Market Dynamics
5.1 North America 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 - North America Market Analysis
6.1 North America Robotic Process Automation Market Revenue (US$ Million), 2022 - 2030
6.2 North America Robotic Process Automation Market Forecast and Analysis
7. North America 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 North America 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. North America 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. North America 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. North America 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. North America Robotic Process Automation Market - Analysis
11.1 North America
11.1.1 North America Robotic Process Automation Market Overview
11.1.2 North America Robotic Process Automation Market Revenue and Forecasts and Analysis - By Country
11.1.2.1 North America Robotic Process Automation Market Revenue and Forecasts and Analysis - By Country
11.1.2.2 US Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.2.1 US Robotic Process Automation Market Breakdown, by Component
11.1.2.2.1.1 US Robotic Process Automation Market Breakdown, by Service
11.1.2.2.2 US Robotic Process Automation Market Breakdown, by Deployment
11.1.2.2.3 US Robotic Process Automation Market Breakdown, by Organization Size
11.1.2.2.4 US Robotic Process Automation Market Breakdown, by End-User Industry
11.1.2.3 Canada Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.3.1 Canada Robotic Process Automation Market Breakdown, by Component
11.1.2.3.1.1 Canada Robotic Process Automation Market Breakdown, by Service
11.1.2.3.2 Canada Robotic Process Automation Market Breakdown, by Deployment
11.1.2.3.3 Canada Robotic Process Automation Market Breakdown, by Organization Size
11.1.2.3.4 Canada Robotic Process Automation Market Breakdown, by End-User Industry
11.1.2.4 Mexico Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.4.1 Mexico Robotic Process Automation Market Breakdown, by Component
11.1.2.4.1.1 Mexico Robotic Process Automation Market Breakdown, by Service
11.1.2.4.2 Mexico Robotic Process Automation Market Breakdown, by Deployment
11.1.2.4.3 Mexico Robotic Process Automation Market Breakdown, by Organization Size
11.1.2.4.4 Mexico 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 Automation Anywhere Inc
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 Blue Prism Ltd
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 Datamatics Global Services 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 International Business Machines Corp
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 Microsoft 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 NICE Ltd
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 Pegasystems Inc
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 Salesforce 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 SAP SE
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 UiPath Inc
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
14. Appendix
14.1 Word Index
List of Tables
Table 1. North America Robotic Process Automation Market Segmentation
Table 2. North America Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. North America Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Million) - Component
Table 4. North America Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Million) - Service
Table 5. North America Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Million) - Deployment
Table 6. North America Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Million) - Organization Size
Table 7. North America Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Million) - End-User Industry
Table 8. North America Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Country
Table 9. US Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Component
Table 10. US Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Service
Table 11. US Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Deployment
Table 12. US Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Organization Size
Table 13. US Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By End-User Industry
Table 14. Canada Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Component
Table 15. Canada Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Service
Table 16. Canada Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Deployment
Table 17. Canada Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Organization Size
Table 18. Canada Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By End-User Industry
Table 19. Mexico Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Component
Table 20. Mexico Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Service
Table 21. Mexico Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Deployment
Table 22. Mexico Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By Organization Size
Table 23. Mexico Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn) - By End-User Industry
Table 24. List of Abbreviation
List of Figures
Figure 1. North America Robotic Process Automation Market Segmentation, By Country
Figure 2. Value Chain: North America Robotic Process Automation Market
Figure 3. Ecosystem: North America Robotic Process Automation Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Robotic Process Automation Market Revenue (US$ Million), 2022 - 2030
Figure 6. North America 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. North America 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. North America 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. North America 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. North America 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. North America Robotic Process Automation Market Breakdown, by Key Countries, 2022 (US$)
Figure 28. North America Robotic Process Automation Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 29. US Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 30. Canada Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 31. Mexico Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)
1. Automation Anywhere Inc
2. Blue Prism Ltd
3. Datamatics Global Services Ltd
4. International Business Machines Corp
5. Microsoft Corp
6. NICE Ltd
7. Pegasystems Inc
8. Salesforce Inc
9. SAP SE
10. UiPath Inc
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