Study: Robotic process automation software revenue to reach $1.3B in 2019
North America continued to dominate the RPA software market, with a 51% share in 2018.
Robotic process automation (RPA) software revenue grew 63.1% in 2018 to $846 million, and is expected to bring in revenue reaching $1.3 billion in 2019, making it the fastest-growing segment of the global enterprise software market, according to Gartner, Inc., Stamford, Conn.
“The RPA market has grown since our last forecast, driven by digital business demands as organizations look for ‘straight-through’ processing,” says Fabrizio Biscotti, research vice president. “Competition is intense, with nine of the Top 10 vendors changing market share position in 2018.”