RPA sales in the global market saw an annual growth rate of around 31% in 2021, as reported by Gartner. The RPA sales continue to grow as in 2022, the global RPA sales are expected to reach $2.9 billion, up 19.5% from $2.4 billion in 2021.
RPA sales and the rapid continuous integration of automation are directly linked. The increase in RPA sales is accompanying the advancement of intelligent software that continue to offer appealing automation solutions. Organizations that are aggressively adopting automation into their daily processes have reportedly increased their investments in RPA. Additionally, hyper-automation is appearing to be more of a necessity than an option for many companies that have already increased their dependency on automation.
Despite the reduction in RPA sales, the growth in other software and their integration continue to paint an optimistic picture. Businesses are simply looking for more applications to free up their employees’ time on repetitive manual tasks. They understood the need for their employees to perform more strategic and productive tasks than seemingly robotic ones.
There have been many reports from companies that RPA and automation have increased their productivity manifold. Most of them are even looking to invest more into it. This has made it clear to those who haven’t yet begun automating the processes that they need to at least be ready to offer their customers, and employees an automated technological platform.
RPA sales ate expected to keep growing in 2023 by 17%, says Gartner. Organizations are not only looking for high-level coding applications but also low-code platforms. The above integration and application will help companies in data mining, process mining, decision modelling and IDP.
The global share in RPA sales is the largest for North America, Western Europe and Japan respectively. The total share is estimated to be around 77% with North America taking 48%, Western Europe 19% and Japan 10%.