Automation-as-a-Service (AaaS) Market Share of Companies, Production Value Analysis by 2026

Automation-as-a-Service (AaaS) Market

Reports and Data has recently added a new research report to its ever expanding database titled Global Automation-as-a-Service (AaaS) Market Report which evaluates crucial aspects of the Automation-as-a-Service (AaaS) industry such as existing and emerging trends, market drivers, threats, growth prospects, and other key factors. The market research report offers users, readers, business, clients, and stakeholders accurate market insights to help them gain a competitive advantage and formulate strategic business expansion plans. The report covers a detailed executive summary of the Automation-as-a-Service (AaaS) market along with their segments and sub-segments. A comprehensive regional analysis is offered in the report to provide insights into global market scenario, revenue growth, competitive landscape mapping, and development in the regions.

The research study comprises of vital information focusing on major market trends and estimated revenue growth rate. Additionally, the report highlights the market competition including the portfolios and strategic alliances and endeavors of the key competitors. It focuses on the mergers and acquisitions, joint ventures, partnerships, collaborations, product launches, brand promotions, and agreements, among others. The report also offers key insights about top companies in the market along with their company overview, business expansion plans, financial standing, production and manufacturing capacity, and global position.

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Key companies operating in the market include: Microsoft Corporation, Automation Anywhere, HCL Technologies, Kofax Inc., Accenture plc, Pegasystems, IBM Corporation, Hewlett Packard Enterprise, Blue Prism, and Uipath.

The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. The report also provides an extensive analysis of key regions where the market has established its presence. The report covers major geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. A country-wise analysis is also included to offer better insights into regional spread of the Automation-as-a-Service (AaaS) market.

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Based on types, the Automation-as-a-Service (AaaS) market has been segmented into: On-Premise, Cloud.

Based on application, the Automation-as-a-Service (AaaS) market has been segmented into:

Human Resourcing, Sales & Marketing, Finance Management, IT & Logistics, Operation Management, BFSI, IT & Telecommunication, Retail & E-commerce, Government & Public Sectors, Transportation & Logistics, Media & Entertainment, Manufacturing Industries, Others.

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.
  • Automation in human resourcing provides enhanced efficiency of the HR department by freeing the employees from the extensive manual tasks and allows them to focus on highly complex tasks in decision making and to strategize. The segment had a market revenue of USD 0.29 Billion in 2018. The CAGR is calculated to be 30.2% during the forecast period.
  • Europe would reach a market share of 26.7% by 2026, having grown at a CAGR of 27.7% in the forecast period. United Kingdom and Ireland have some of the most valuable players in this region.

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