Latest News- AI In RPA Market: On-premises is expected to lead the Deployment segment during 2025-2029

The AI In RPA Market is being driven by Proliferation of generative AI and democratization of automation

The AI In RPA Market is expected to grow at a CAGR of 33% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 14281.8 million. The AI in RPA market is witnessing a significant evolution from task-focused automation to the implementation of agentic automation. This progressive development involves the integration of autonomous AI agents, or digital workers, capable of managing and executing intricate, end-to-end business processes with minimal human intervention. These advanced bots surpass traditional RPA systems by employing cognitive abilities such as reasoning, planning, and dynamic decision-making to navigate unforeseen exceptions and coordinate workflows across various applications and systems. This trend signifies the maturation of intelligent automation, transcending mere efficiency enhancements to granting genuine business autonomy. 

Get more information on AI In RPA Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Deployment
  • On-premises
  • Cloud-based
• Application
  • Customer service automation
  • Finance and accounting
  • IT and infrastructure management
  • Human resources
  • Others
• End-user
  • BFSI
  • Telecom and IT
  • Healthcare and life sciences
  • Retail and e-commerce
  • Others
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Proliferation of generative AI and democratization of automation
• Strategic imperative for hyperautomation and end-to-end process orchestration
• Increasing demand for enhanced operational efficiency and cost reduction

However, the market also witnesses some limitations, which are as follows:

• Complexity of integration, implementation, and scaling
• Data security, privacy, and responsible AI governance
• Talent gap and need for specialized skill sets

Benefits of Buying Global AI In RPA Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in AI In RPA Market Research Report

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The AI in RPA market offers significant benefits, including increased automation efficiency, reduced error rates, and process efficiency gains, leading to operational cost savings and productivity improvements. Compliance adherence and risk mitigation strategies are also key advantages. However, challenges such as scalability and integration complexities, data security measures, and bot reliability require careful consideration. AI model accuracy, algorithm performance, and explainable AI are essential for continuous improvement, while data quality, real-time monitoring, and remote management are crucial for effective implementation. Cloud-based solutions, on-premise deployment, and hybrid approaches are among the deployment options, and vendor selection criteria include implementation timelines, training materials, support services, and maintenance costs.

Market Research Overview

In the vast IT software industry, the application software segment holds a significant position, encompassing businesses specializing in developing and delivering software solutions for specific business or consumer needs. This sector includes enterprise and technical software, as well as cloud-based applications, excluding those producing interactive home entertainment software or systems/database management software. According to Technavio's market analysis, the global application software market size is determined by the consolidated revenue of these entities. In this dynamic landscape, AI-powered automation tools, such as Robotic Process Automation (RPA) with machine learning models, are increasingly integrated into intelligent automation platforms, revolutionizing process automation and driving market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/