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Market Size u2013 USD 1.92 Billion in 2018, Market Growth - CAGR of 29.7%, Market Trends u2013 Increase in demand for cloud-based Automation-as-a-Service (AaaS) in the BFSI & E-commerce industries for finance and operation management applications.
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Automation-as-a-Service (AaaS) Market To Reach USD 15.47 Billion By 2027 www.reportsanddata.com
Market Summary Market Size – USD 1.92 Billion in 2018, Market Growth - CAGR of 29.7%, Market Trends – Increase in demand for cloud-based Automation-as-a-Service (AaaS) in the BFSI & E-commerce industries for finance and operation management applications. The Global Automation-as-a-Service (AaaS) Market is forecast to reach USD 15.47 Billion by 2026, according to a new report by Reports and Data. Automation-as-a-Service (AaaS) is the adaptive automated services offered by the technology companies, to various industry verticals in order to automate their process workflow and increase their productivity by a substantial margin. Further key findings from the report suggest IT & telecommunication sub-segment had a market share of 16.1% in 2018 and is expected to grow at a CAGR of 31.0% during the forecast period. Automation services through robotic process automation (RPA) or advanced automation with artificial intelligence (AI) & cognitive automation provides telecommunication companies with operational efficiency by streamlining the overall operations and other front-end business processes. Automation Anywhere provides automation for the IT & Telecommunication industries with RPA platform and advanced IQ Bot with AI & cognitive automation, which understands the specific automation requirements in process. Cloud sub-segment is expected to reach 38.5% of market share by 2026, having grown with a CAGR of 32.1% throughout the forecast period. Cloud automation refers to the cloud-based tools, an organization uses to reduce manual efforts associated with provisioning and managing workloads. AutomationEdge offers RPA as a service on cloud with a lower infrastructure cost, less maintenance, and upgrade costs. www.reportsanddata.com
MarketSummary Key Players: Microsoft Corporation, Automation Anywhere, HCL Technologies, Kofax Inc., Accenture plc, Pegasystems, IBM Corporation, Hewlett Packard Enterprise, Blue Prism, and Uipath. Segmentation: • Deployment Type Outlook (Revenue: USD Billion; 2016-2026) • On-Premise • Cloud • Business Application Outlook (Revenue: USD Billion; 2016-2026) • Human Resourcing • Sales & Marketing • Finance Management • IT & Logistics • Operation Management • Component Outlook (Revenue: USD Billion; 2016-2026) • Robotic Process Automation (RPA) • Artificial Intelligence (AI) & Cognitive Automation www.reportsanddata.com Ask for Sample Report at: https://www.reportsanddata.com/sample-enquiry-form/2609
Market Summary • Organization Size Outlook (Revenue: USD Billion; 2016-2026) • Large Enterprises • SMEs • End-Use Industries Outlook (Revenue: USD Billion; 2016-2026) • BFSI • IT & Telecommunication • Retail & E-commerce • Government & Public Sectors • Transportation & Logistics • Media & Entertainment • Manufacturing Industries • Regional Outlook for Vehicle Access Control Market analyses the following geographies: • North America (United States, Canada, and Mexico) • Europe (Germany, France, UK, Russia, and Italy) • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) • South America (Brazil, Argentina, Colombia, etc.) • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) www.reportsanddata.com Request a discount on the report @https://www.reportsanddata.com/discount-enquiry-form/2609
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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