Report Detail
Europe Automation-as-a-service Market to 2027 - Regional Analysis and Forecasts by Component (Solution and Service); Deployment Model (On-premise and Cloud); Business Function (Sales & Marketing, Finance & Operations, Human Resource, Information Technology); Industry Vertical (BFSI, IT & Telecom, Retail, Healthcare & Life Sciences, Transportation & Logistics, Government Agencies & Defense, Manufacturing, and Others)
- RnM3926482 |
- 13 March, 2020 |
- Global |
- 170 Pages |
- The Insight Partners |
- Other
The automation-as-a-service market in Europe is expected to grow from US$ 843.2 Mn in 2018 to US$ 7,197.1 Bn by the year 2027. This represents a CAGR of 27.7% from the year 2019 to 2027. The automation-as-a-service market is primarily driven by the growing focus towards improving the efficiency and reducing the errors in the process. However, evolving regulations might hinder the growth of the automation-as-a-service market. The implementation of digital solutions is gaining momentum across various industries, including manufacturing, healthcare, BFSI, IT & telecom, and retail, among others. These industries are increasingly benefiting themselves from digital transformation. Analytics enable them to better apprehend and serve customers. Further, access to real-time information results in efficient decision-making. Automation of business operations facilitates them to escalate productivity. For instance, airline companies have become proficient at pricing through real-time information on supply and demand. Furthermore, retail companies with robust digital capabilities have designed seamless omnichannel environments. Also, the healthcare industry has modernized through EHRs, digital tools that track patients’ vital signs, as well as virtual consultations between patients and doctors. In the meantime, automation has reduced insurance companies’ claims-processing and underwriting costs. Manufacturers in every industry can enhance product quality, operating performance, and supply chain transparency, if they restructure their processes and train employees to function in the digital world. Therefore, companies are preparing themselves to adopt automation incrementally, and growing digitization is supporting the growth of the automation-as-a-service market.
The growth of novel technologies like machine learning, cognitive computing, and artificial intelligence is expected to promote the evolution of automation tools at a higher pace. Application of intelligent technologies among the innovation leaders and business pioneers is predicted to create arrangements that would lead to the development of the improvised framework, which would incorporate everything from staffing and general expenses to execution and productivity. Furthermore, the significant advancements owing to the combined impact of AI and ML technologies are expected to ensure the increased ROI and productivity, thus driving growth opportunities for the automation-as-a-service market in the coming years.
The automation-as-a-service market, by deployment, is segmented into on-premise and cloud. The cloud segment holds a significant share of the automation-as-a-service market and is expected to grow at a high CAGR during the forecast period. The cloud-based uses exploit virtual technology in order to host the applications of enterprises offsite. Therefore, it is largely adopted by small and medium enterprises. Deployment of cloud eliminates capital-related overheads, the feature of data back up on a regular basis is available, and also the companies are entitled to pay only for the resources they utilize. It is feasible for the enterprises which plan an expeditious expansion on a global scale, as the cloud has greater appeal to connect with more partners, clients, customers, and other businesses across the locations with minimum effort. In addition to this, the cloud-based deployment exhibits the feature of instant provisioning, as all the applications are already configured needed to run the software. Once an enterprise has subscribed, any new software which is integrated into an environment is ready to use directly.
The overall Europe automation-as-a-service market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Europe automation-as-a-service market. It also provides an overview and forecast for the Europe automation-as-a-service market based on all the segmentation provided with respect to the European region. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe automation-as-a-service industry. Some of the players present in the automation-as-a-service market are Accenture PLC, Automation Anywhere, Inc., Blue Prism Group PLC, HCL Technologies Limited, Hewlett Packard Enterprise, IBM Corporation, Microsoft Corporation, NICE Ltd., Pegasystems Inc., and UiPath among others.
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Europe Automation-as-a-Service Market Landscape
- 4.1 Market Overview
- 4.2 Ecosystem Analysis
- 4.3 Expert Opinions
- 4.4 PEST Analysis
- 4.4.1 Europe – PEST Analysis
5. Europe Automation-as-a-Service Market – Key Industry Dynamics
- 5.1 Drivers
- 5.1.1 Growing popularity of digital technologies across different industries
- 5.1.2 Growing focus towards improving efficiency and reducing the risk of errors
- 5.2 Restraint
- 5.2.1 Frequent changes in business operation procedure might affect the growth of the market
- 5.3 Opportunity
- 5.3.1 Increasing demand for automation services by SMEs
- 5.4 Future Trend
- 5.4.1 Incorporating advanced capabilities in the automated processes
- 5.5 Impact Analysis of Drivers and Restraints
6. Europe Automation-as-a-Service Market –Market Analysis
- 6.1 Europe Automation-as-a-Service Market Overview
- 6.2 Europe Automation-as-a-Service Market Forecast and Analysis
7. Europe Automation-as-a-Service Market Analysis – By Component
- 7.1 Overview
- 7.2 Automation-as-a-Service Market Breakdown, by Component, 2018 & 2027
- 7.3 Solution
- 7.3.1 Overview
- 7.3.2 Solution Market, Revenue and Forecast to 2027 (US$ Mn)
- 7.4 Service
- 7.4.1 Overview
- 7.4.2 Service Market, Revenue and Forecast to 2027 (US$ Mn)
8. Europe Automation-as-a-Service Market Analysis –By Deployment Model
- 8.1 Overview
- 8.2 Automation-as-a-Service Market Breakdown, by Deployment Model, 2018 & 2027
- 8.3 On-Premise
- 8.3.1 Overview
- 8.3.2 On-Premise Market, Revenue and Forecast to 2027 (US$ Mn)
- 8.4 Cloud
- 8.4.1 Overview
- 8.4.2 Cloud Market, Revenue and Forecast to 2027 (US$ Mn)
9. Europe Automation-as-a-Service Market Analysis – By Business Function
- 9.1 Overview
- 9.2 Automation-as-a-Service Market Breakdown, by Business Function, 2018 & 2027
- 9.3 Sales & Marketing
- 9.3.1 Overview
- 9.3.2 Sales & Marketing Market, Revenue and Forecast to 2027 (US$ Mn)
- 9.4 Finance & Operations
- 9.4.1 Overview
- 9.4.2 Finance & Operations Market, Revenue and Forecast to 2027 (US$ Mn)
- 9.5 Human Resources
- 9.5.1 Overview
- 9.5.2 Human Resources Market, Revenue and Forecast to 2027 (US$ Mn)
- 9.6 IT
- 9.6.1 Overview
- 9.6.2 IT Market, Revenue and Forecast to 2027 (US$ Mn)
10. Europe Automation-as-a-Service Market Analysis – By Industry Vertical
- 10.1 Overview
- 10.2 Automation-as-a-Service Market Breakdown, by Industry Vertical, 2018 & 2027
- 10.3 BFSI
- 10.3.1 Overview
- 10.3.2 BFSI Market, Revenue and Forecast to 2027 (US$ Mn)
- 10.4 IT & Telecom
- 10.4.1 Overview
- 10.4.2 IT & Telecom Market, Revenue and Forecast to 2027 (US$ Mn)
- 10.5 Retail
- 10.5.1 Overview
- 10.5.2 Retail Market Forecast and Analysis
- 10.6 Healthcare & Life Sciences
- 10.6.1 Overview
- 10.6.2 Healthcare & Life Sciences Market, Revenue and Forecast to 2027 (US$ Mn)
- 10.7 Transportation & Logistics
- 10.7.1 Overview
- 10.7.2 Transportation & Logistics Market, Revenue and Forecast to 2027 (US$ Mn)
- 10.8 Government Agencies
- 10.8.1 Overview
- 10.8.2 Government Agencies Market, Revenue and Forecast to 2027 (US$ Mn)
- 10.9 Manufacturing
- 10.9.1 Overview
- 10.9.2 Manufacturing Market, Revenue and Forecast to 2027 (US$ Mn)
- 10.10 Others
- 10.10.1 Overview
- 10.10.2 Others Market Forecast and Analysis
11. Europe Automation-as-a-Service Market– Country Analysis
- 11.1.1 Europe Automation-as-a-Service Market Breakdown, by Country
- 11.1.1.1 Germany Automation-as-a-Service Market Revenue and Forecast to 2027 (US$ Mn)
- 11.1.1.1.1 Germany Automation-as-a-Service Market Breakdown, by Component
- 11.1.1.1.2 Germany Automation-as-a-Service Market Breakdown, by Deployment Model
- 11.1.1.1.3 Germany Automation-as-a-Service Market Breakdown, by Business Function
- 11.1.1.1.4 Germany Automation-as-a-Service Market Breakdown, by Industry Vertical
- 11.1.1.2 France Automation-as-a-Service Market Revenue and Forecast to 2027 (US$ Mn)
- 11.1.1.2.1 France Automation-as-a-Service Market Breakdown, by Component
- 11.1.1.2.2 France Automation-as-a-Service Market Breakdown, by Deployment Model
- 11.1.1.2.3 France Automation-as-a-Service Market Breakdown, by Business Function
- 11.1.1.2.4 France Automation-as-a-Service Market Breakdown, by Industry Vertical
- 11.1.1.3 Italy Automation-as-a-Service Market Revenue and Forecast to 2027 (US$ Mn)
- 11.1.1.3.1 Italy Automation-as-a-Service Market Breakdown, by Component
- 11.1.1.3.2 Italy Automation-as-a-Service Market Breakdown, by Deployment Model
- 11.1.1.3.3 Italy Automation-as-a-Service Market Breakdown, by Business Function
- 11.1.1.3.4 Italy Automation-as-a-Service Market Breakdown, by Industry Vertical
- 11.1.1.4 UK Automation-as-a-Service Market Revenue and Forecast to 2027 (US$ Mn)
- 11.1.1.4.1 UK Automation-as-a-Service Market Breakdown, by Component
- 11.1.1.4.2 UK Automation-as-a-Service Market Breakdown, by Deployment Model
- 11.1.1.4.3 UK Automation-as-a-Service Market Breakdown, by Business Function
- 11.1.1.4.4 UK Automation-as-a-Service Market Breakdown, by Industry Vertical
- 11.1.1.5 Russia Automation-as-a-Service Market Revenue and Forecast to 2027 (US$ Mn)
- 11.1.1.5.1 Russia Automation-as-a-Service Market Breakdown, by Component
- 11.1.1.5.2 Russia Automation-as-a-Service Market Breakdown, by Deployment Model
- 11.1.1.5.3 Russia Automation-as-a-Service Market Breakdown, by Business Function
- 11.1.1.5.4 Russia Automation-as-a-Service Market Breakdown, by Industry Vertical
- 11.1.1.6 Rest of Europe Automation-as-a-Service Market Revenue and Forecast to 2027 (US$ Mn)
- 11.1.1.6.1 Rest of Europe Automation-as-a-Service Market Breakdown, by Component
- 11.1.1.6.2 Rest of Europe Automation-as-a-Service Market Breakdown, by Deployment Model
- 11.1.1.6.3 Rest of Europe Automation-as-a-Service Market Breakdown, by Business Function
- 11.1.1.6.4 Rest of Europe Automation-as-a-Service Market Breakdown, by Industry Vertical
12. Europe Automation-as-a-Service Market-Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.3 Merger and Acquisition
- 12.4 New Development
13. Company Profiles
- 13.1 Accenture
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 Automation Anywhere, Inc.
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 Blue Prism Group
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 HCL Technologies
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 Hewlett Packard Enterprise Development LP (HPE)
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 IBM Corporation
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 Microsoft Corporation
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 NICE Ltd.
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 Pegasystems Inc.
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 13.10 UiPath
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
14. Appendix
- 14.1 About The Insight Partners
Summary:
Get latest Market Research Reports on Europe Automation-as-a-service . Industry analysis & Market Report on Europe Automation-as-a-service is a syndicated market report, published as Europe Automation-as-a-service Market to 2027 - Regional Analysis and Forecasts by Component (Solution and Service); Deployment Model (On-premise and Cloud); Business Function (Sales & Marketing, Finance & Operations, Human Resource, Information Technology); Industry Vertical (BFSI, IT & Telecom, Retail, Healthcare & Life Sciences, Transportation & Logistics, Government Agencies & Defense, Manufacturing, and Others). It is complete Research Study and Industry Analysis of Europe Automation-as-a-service market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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