Blue Prism Technology Services Market in BFSI to Capture Major Market Share – PRNewswire

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Blue Prism Technology Services Market to Grow at an Impressive 35.7% CAGR by 2032
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Jan 06, 2022, 08:00 ET
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NEW YORK, Jan. 6, 2022 /PRNewswire/ — Fact.MR’s recently published report on the blue prism technology services market offers a comprehensive analysis of the leading segments in terms of services, enterprise size, industry and region. In addition, it provides in-depth information about the market dynamics, including drivers, restraints, latest trends, and growth opportunities.
Fact.MR – A Market Research and Competitive Intelligence Provider: The global blue prism technology services market is expected to increase at a CAGR of 35.7 percent from 2022 to 2032, from USD 362 million in 2022 to USD 7,688 million in 2032.
Fact.MR predicts that blue prism technology services market accounts for roughly 20% of the global robotic process automation industry due to its improved automation and management technologies.
Blue Prism’s sustained growth over the last half-decade has resulted in the extension of its ecosystem. This growth resulted in continuing product differentiation as well as the acquisition of new capabilities, which increased the platform’s demand among new users.
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Upgraded RPA solutions attracted the largest customer base, along with continual integrations of artificial intelligence (AI) and cognitive technologies into blue prism service. Furthermore, the availability of a pool of next-generation RPA solutions has accelerated the adoption of this technology around the world.
Out of the prominent end use industries for blue prism technology services (IT & Telecom, Healthcare & Life Sciences, BFSI, Travel, Transportation and Logistics, Utility & Energy), BFSI (Banking & Financial Services Intelligence) is set to secure the maximum market share of 23.5 percent by 2032 end, according to blue prism technology implementation.
SMBs, or small and midsize businesses, operating in various emerging countries in Europe and Asia are expected to generate around 72% of overall revenue from the implementation of blue prism technology, considering the two most popular enterprise sizes interested in the technology (SMBS & Large Enterprise).
Key Takeaways:
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Competitive Landscape
Market players in the blue prism technology services industry have primarily pursued growth-oriented strategies, which include increasing the rate at which automation technology is implemented. Collaborations, mergers, digital marketing, and continual technological improvements in the aforementioned technology also rank high on their priority list. By providing highly advanced and secure technical, these methods assist global firms in expanding their geographical footprint and gaining maximum market share.
Key Players in the Blue Prism Technology Services Market are:
More Valuable Insights on Blue Prism Technology Services Market
Fact.MR provides an unbiased analysis of the blue prism technology services market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the global blue prism technology services market with a detailed segmentation on the basis of:
Key Questions Covered in Blue Prism Technology Services Market Report
Explore Fact.MR’s Coverage on the Technology Domain –
Robotic Process Automation Market Analysis – The market for robotic process automation (RPA) is expected to develop due to the increasing usage of industry 4.0 technologies such as cyber-physical systems, Internet of Things (IoT), cloud computing, machine learning (ML), and artificial intelligence (AI).
Robotic Desktop Automation Market Forecast – The growing desire to reduce operational costs and increase profitability in both the manufacturing and corporate sectors is expected to propel the worldwide robotic desktop automation market forward. The proliferation of the IoT is expected to enhance the robotic desktop automation market.
Business Workflow Automation Market Insights – Business workflow automation enables speedier decision-making, more effective task management, increased production capacity, and improved internal communication. On a wide scale, businesses are implementing workflow automation technologies.
Intelligent Process Automation Market Scope – Companies can use intelligent process automation to automate repetitive, tedious tasks as well as end-to-end business operations. This enables businesses to transfer manual labor from low-value to high-value duties. These advantages are propelling the adoption of intelligent process automation even further.
About Fact.MR
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range – from automotive & industry 4.0 to healthcare, technology to even the most niche categories. 80% of Fortune 1000’s trust us in critical decision making.
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