Title: Process Automation Market
1Process Automation Market Market -
Forecast(2022 - 2027)
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- Process automation companies are currently the
eye candies of investors. Couple of quick
examples can be UiPath and Automation Anywhere.
While the former raised its value to 3 billion
through Series C funding in September 2018, the
latter gained 300 million from SoftBank Vision
Fund in November 2018 to climb up to 2.6 billion
value. - As per the findings of this IndustryARC report,
the global process automation market size was at
65 billion in FY 2018. And, the demand is
increasing at a progressive CAGR of 7 during the
forecast period of 2019 to 2025.
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- Key Takeaways
- Process automation is estimated to reduce a
significant amount of jobs for the regional
population. Process automation in areas with
industrial based employment will replace the
man-force with automated equipment, which further
will lead to unemployment among the people. This
leap could affect the regional inhabitants at a
massive scale. - Incorporating process automation in the
manufacturing chain sometimes requires building
high-level algorithms, and these algorithms are
programmed to target a specific dataset. If there
comes a data gap in the agile development process
or automation, it could lead to an ambiguous
process or development.
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By Distribution Channel- Segment
Analysis Technical giant Intel acquired Itseez
Inc and Yogitech to bolster its automotive IoT
profile. Furthermore, Microsoft acquired Italy
originated company Solair, and Cisco acquired the
start-up from California named Jasper for 1.4
billion. Evidently, acquisitions are in full
force, showcasing major companies zest to stay
ahead of the curve.
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- Noodles Market Industry Outlook
- Mitsubishi Corporation
- Robert Bosch GmBH
- ABB Ltd
- Eaton Corporation
- Dassault Systems
- Emerson Electric Co
- Honeywell International,Inc
- Johnson Controls Inc.
- Rockwell Automation, Inc.
- Schneider Electric SE.
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Process Automation Market - Forecast(2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Report/122/Global-Pro
cess-Automation-Market.html
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dfdownload.php?id122
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We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com