According to a new market research report "Service Delivery Automation
Market by Type (IT Process
Automation, Business Process Automation), by Organization Size (Large
Enterprises, SME's), by Vertical (BFSI, Travel & Hospitality,
Telecommunication & Media) and by Region - Global Forecast to 2021",
published by MarketsandMarkets, the market is estimated to grow from USD 1.82 Billion in 2016 to USD 6.31 Billion by 2021, at a compound annual growth
rate (CAGR) of 28.2%.
Browse 60 market data Tables and 37 Figures spread
through 117 Pages and in-depth TOC on "Service
Delivery Automation Market"
Early buyers will receive 10% customization on this
report.
Business
Process Automation is estimated to grow at the highest CAGR
The
market, by type, has been segmented into IT process automation and business
process automation. Business process automation is expected to witness the
highest CAGR during the forecast period 2016 to 2021. This is due to the
expected adoption of business process automation by organizations to reduce
cost on any tedious or complicated processes. Business process automation helps
in achieving higher operational efficiency and productivity.
SMEs
market is expected to grow at the highest rate during the forecast period
The
market, by organizational size, has been segmented into large enterprises and
SMEs. The SMEs market is expected to grow at the highest CAGR over the forecast
period owing to the increasing number of SMEs adopting service delivery
automation. Service delivery automation helps SMEs to increase efficiency by
replacing repetitive tasks with automated process, thus saving cost on
additional labor requirement.
North America is expected to dominate the Service Delivery Automation Market during the forecast period
The Service Delivery Automation Market segments the global market on the
basis of regions, which include North America, Asia-Pacific (APAC), Europe,
the Middle
East & Africa (MEA), and Latin America. North America is expected to hold the largest share
of the global Service Delivery Automation Market in 2016 due to the presence of
key players and growing demand for service delivery automation, specifically to
replace the process outsourcing. The market in APAC is expected to grow at the
highest CAGR between 2016 and 2021. The primary driving force for this growth
is the presence of a huge outsourcing industry and the need to reduce the
operational cost of organizations in this region.
The
report also encompasses different strategies, such as mergers &
acquisitions, partnerships & collaborations, and product developments,
adopted by major players to increase their share in the market. Some of the
major technology vendors include, International Business Machine (IBM)
Corporation (U.S.), CA Technologies (U.S.), Automation Anywhere, Inc. (U.S.),
Blue Prism Ltd. (U.K.), UiPath (Romania), Xerox
(XAI) Corporation (U.S.), Celaton Ltd. (U.K.), Exilant Technologies Pvt. Ltd. (India), IPsoft Pvt. Ltd. (India),
Openspan Pvt. Ltd. (U.S.).
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