Automation Anywhere has announced that it has taken the first place in terms of market share in the sector of robotic process automation (RPA) based on cloud solutions. Such data are published in the report of the international research group IDC “The share of the global market for intelligent process automation 2021: accelerating growth despite consolidation.” The market share of Automation Anywhere, according to analysts, was 46%. Recall that the Veligera Capital fund invested in the world leader RPA in August last year.
The total volume of the global RPA market in 2021, according to Precedent Research, was valued at $2.65 billion. It is predicted that by 2030 its volume will reach the value of $23.9 billion, and the average annual growth rate (CAGR) in the period from 2021 to 2030 will be 27.7%.
Mike Micucci, Chief Operating Officer of Automation Anywhere, commented the rating results: “IDC’s latest market share report confirms that customers are choosing our cloud automation platform to provide agility and flexibility, which, in turn, support business efficiency. Cloud technologies are the key to the future, and business leaders need to accelerate and scale automation to withstand the consequences of recent global events such as staff shortages and supply chain problems.”
IDC’s research demonstrates that the modern workplace requires flexible, scalable, cloud-centric solutions to meet customer needs. The unified cloud-based enterprise platform Automation 360 is based on artificial intelligence with the use of machine learning and analytics for the repetitive tasks robotization. Thanks to the possibilities of “seamless” updates, organizations can instantly enable any new automation functions or postpone these actions to a later date.
“Trends in 2021 were in favor of the introduction of cloud technologies. We expect this to continue in the coming years, regardless of whether organizations decide to use RPA as a cloud service or purchase software and implement it into a public cloud infrastructure,” said Maureen Fleming, program vice president of global market research for intelligent process automation and IDC Consulting service. “There is no doubt that more and more companies around the world are using cloud automation, and it is expected that the trend will only intensify.”