Robotic Process Automation Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Robotic Process Automation Market in 2025 is estimated at USD 5.25 billion. The global Market size was valued at around USD 4.06 billion in 2024 and is projected to grow at a CAGR of more than 36.6%, reaching USD 234.09 billion revenue by 2037. North America is forecast to attain USD 67.89 billion by 2037, owing to presence of innovators and government initiatives increasing RPA adoption.
The growth of the market can be attributed to the increasing number of organizations moving towards automation across the globe in order to reduce human errors. Moreover, it is a cutting-edge technology that requires less human intervention, such as machine learning, artificial intelligence, and others. Therefore, the growing adoption of these technologies is expected to boost the growth of the market. By the end of 2024, it is estimated that more than 65 percent of all managerial work will be automated across the globe.
A sophisticated software technique known as robotic process automation (RPA) creates, deploys, and manages software robots. The use of RPA is growing across a wide range of industry sectors owing to its scalability, low investment requirements, and high return on investment (ROI). It helps to streamline workflows and increase employee satisfaction, engagement, and productivity through removing monotonous chores. Nowadays, there has been a high adoption of advanced technologies, which include robotic process automation solutions. Moreover, software robots can be set up to mimic and understand applications for interacting with other digital systems, changing data, and eliciting responses thanks to the technology known as robotic process automation, which is guided by business logic and structured inputs
