Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.76 Billion | USD 53.58 Billion | 30.9% | 2024 |
FrequentlyAsked Questions
Cognitive RPA refers to Robotic Process Automation (RPA) solutions and tools that use AI technologies like text analytics, optical character recognition, and machine learning to enhance the experience of both employees and consumers.
The global cognitive robotic process automation market is expected to grow due to rising adoption in business process optimization, increasing demand for AI-driven automation, advancements in machine learning and NLP, and growing focus on improving operational efficiency.
According to a study, the global cognitive robotic process automation market size was worth around USD 4.76 Billion in 2024 and is expected to reach USD 53.58 Billion by 2034.
The global cognitive robotic process automation market is expected to grow at a CAGR of 30.9% during the forecast period.
North America is expected to dominate the cognitive robotic process automation market over the forecast period.
Leading players in the global cognitive robotic process automation market include Blue Prism, Arago, Automation Anywhere, IBM, Celation Ltd, Kofax, IPSoft, UiPath, Kryon Systems, among others.
The report explores crucial aspects of the cognitive robotic process automation market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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