North America 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)
The automation-as-a-service market in North America is expected to grow from US$ 1.04 Bn in 2018 to US$ 7.89 Bn by the year 2027. This represents a CAGR of 26.0% from the year 2019 to 2027.
The growth of novel technologies, including cognitive computing, machine learning, and artificial intelligence, is expected to promote the development of automation tools at a rapid pace. Application of intelligent technologies among the innovation leaders and business pioneers is predicted to create a platform that would lead to the development of improvised framework, which would incorporate everything from staffing and general expenses to execution and productivity. Further, organizations around the world are highly investing in innovative and disruptive technologies such as RPA, process automation, AI, ML, Blockchain, and others to drive optimization and refocus their critical resources on tasks that boost revenue growth and innovation.
The ICT companies and various industry players are planning to make substantial investments in automation solutions and services. The automation platforms offered by the vendors, along with the technology-oriented automation proficiency, enable the clients to focus on creating better business value. Apart from the large enterprises, various SMEs around the world are also adopting the automation services to ease their business operations. This trend is predominantly driven by the presence of a new category of cloud-only solutions, which help in minimizing integration complexities and installation costs with quick setup. The North American market for automation-as-a-service is projected to exhibit high growth in the near future. Factors including cost benefits offered by automation solution and rapid product innovation by the technology providers are propelling the adoption in diverse industry verticals. However, alterations in operating procedures and business rules impacting the efficiency are might hinder the market growth during the forecast period.
Currently, the US is dominating the automation-as-a-service market in terms of installation, which in turn boosts the demand for the automation-as-a-service market in the region. The US alone absorbs the major share of the total spending in artificial intelligence technology. The growth in automation-as-a-service in the US is mainly driven by factors that include its state of being one of the best internet connected countries in the world, with around 85% of its population using the internet in 2018. Also, the US has deep integration of IoT based connected devices that generate a huge amount of digital data every second. Further, the country is a hub of leading IT & cloud-based companies, which includes Accenture, IBM, Microsoft Corporation, and many others. The rising demand for automation in several tech & financial institutions is also significantly contributing to the market. The figure given below highlights the revenue share of Mexico in the North America automation-as-a-service market in the forecast period:
Mexico Automation-as-a-service Market Revenue and Forecasts to 2027 (US$ Mn)
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NORTH AMERICA AUTOMATION-AS-A-SERVICE MARKET - SEGMENTATION
North America Automation-As-A-Service Market – By Component
- Solution
- Service
North America Automation-as-a-service Market – By Deployment Type
- On-Premise
- Cloud
North America Automation-as-a-service Market – By Business Function
- Sales & Marketing
- Finance & Operations
- Human Resource
- IT
North America Automation-as-a-service Market – By Industry Vertical
- BFSI
- IT & Telecom
- Retail
- Healthcare & Life Sciences
- Transportation & Logistics
- Government Agencies & Defense
- Manufacturing
- Others
North America Automation-as-a-service Market – By Country
- US
- Canada
- Mexico
North America Automation-as-a-service Market -Companies Mentioned
- Accenture PLC
- Automation Anywhere, Inc.
- Blue Prism Group plc
- HCL Technologies Limited
- Hewlett Packard Enterprise
- IBM Corporation
- Microsoft Corporation
- NICE Ltd.
- Pegasystems Inc
- UiPath
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. North America 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 North America – PEST Analysis
5. North America Automation-as-a-Service Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Growing digitalization across different industry verticals
5.1.2 Increasing demand for quick and error-free processes
5.2 Restraint
5.2.1 Changing business rules and frequent alterations in operation procedures
5.3 Opportunity
5.3.1 Growing demand for automation services by SMEs is creating lucrative market opportunities
5.4 Future Trend
5.4.1 Incorporating advanced capabilities in the automated processes
5.5 Impact Analysis of Drivers and Restraints
6. North America Automation-as-a-Service Market –Market Analysis
6.1 North America Automation-as-a-Service Market Forecast and Analysis
7. North America 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. North America 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. North America 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. North America 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. North America Automation-as-a-Service Market– Country Analysis
11.1.1 North America Automation-as-a-Service Market Breakdown, by Country
11.1.1.1 US Automation-as-a-Service Market Revenue and Forecast to 2027 (US$ Mn)
11.1.1.1.1 US Automation-as-a-Service Market Breakdown, by Component
11.1.1.1.2 US Automation-as-a-Service Market Breakdown, by Deployment Model
11.1.1.1.3 US Automation-as-a-Service Market Breakdown, by Business Function
11.1.1.1.4 US Automation-as-a-Service Market Breakdown, by Industry Vertical
11.1.1.2 Canada Automation-as-a-Service Market Revenue and Forecast to 2027 (US$ Mn)
11.1.1.2.1 Canada Automation-as-a-Service Market Breakdown, by Component
11.1.1.2.2 Canada Automation-as-a-Service Market Breakdown, by Deployment Model
11.1.1.2.3 Canada Automation-as-a-Service Market Breakdown, by Business Function
11.1.1.2.4 Canada Automation-as-a-Service Market Breakdown, by Industry Vertical
11.1.1.3 Mexico Automation-as-a-Service Market Revenue and Forecast to 2027 (US$ Mn)
11.1.1.3.1 Mexico Automation-as-a-Service Market Breakdown, by Component
11.1.1.3.2 Mexico Automation-as-a-Service Market Breakdown, by Deployment Model
11.1.1.3.3 Mexico Automation-as-a-Service Market Breakdown, by Business Function
11.1.1.3.4 Mexico Automation-as-a-Service Market Breakdown, by Industry Vertical
12. Global 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
14.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Automation-as-a-Service Market, Revenue and Forecast to 2027 (US$ Mn)
Table 2. North America Automation-as-a-Service Market Revenue and Forecast to 2027 – by Component (US$ Mn)
Table 3. North America Automation-as-a-Service Market Revenue and Forecast to 2027 – by Deployment Model (US$ Mn)
Table 4. North America Automation-as-a-Service Market Revenue and Forecast to 2027 – by Business Function (US$ Mn)
Table 5. North America Automation-as-a-Service Market Revenue and Forecast to 2027 – by Industry Vertical (US$ Mn)
Table 6. US Automation-as-a-Service Market Revenue and Forecast to 2027 – by Component (US$ Mn)
Table 7. US Automation-as-a-Service Market Revenue and Forecast to 2027 – by Deployment Model (US$ Mn)
Table 8. US Automation-as-a-Service Market Revenue and Forecast to 2027 – by Business Function (US$ Mn)
Table 9. US Automation-as-a-Service Market Revenue and Forecast to 2027 – by Industry Vertical (US$ Mn)
Table 10. Canada Automation-as-a-Service Market Revenue and Forecast to 2027 – by Component (US$ Mn)
Table 11. Canada Automation-as-a-Service Market Revenue and Forecast to 2027 – by Deployment Model (US$ Mn)
Table 12. Canada Automation-as-a-Service Market Revenue and Forecast to 2027 – by Business Function (US$ Mn)
Table 13. Canada Automation-as-a-Service Market Revenue and Forecast to 2027 – by Industry Vertical (US$ Mn)
Table 14. Mexico Automation-as-a-Service Market Revenue and Forecast to 2027 – by Component (US$ Mn)
Table 15. Mexico Automation-as-a-Service Market Revenue and Forecast to 2027 – by Deployment Model (US$ Mn)
Table 16. Mexico Automation-as-a-Service Market Revenue and Forecast to 2027 – by Business Function (US$ Mn)
Table 17. Mexico Automation-as-a-Service Market Revenue and Forecast to 2027 – by Industry Vertical (US$ Mn)
Table 18. Glossary of Term: Automation-as-a-Service Market
LIST OF FIGURES
Figure 1. North America Automation-as-a-Service Market Segmentation
Figure 2. North America Automation-as-a-Service Market Segmentation – By Country
Figure 3. North America Automation-as-a-Service Market Overview
Figure 4. Finance & Operations held the Largest Market Share in 2018
Figure 5. North America Automation-as-a-Service Industry Landscape
Figure 6. Automation-as-a-Service Market Ecosystem Analysis
Figure 7. Expert Opinions
Figure 8. North America – PEST Analysis
Figure 9. North America Automation-as-a-Service Market Impact Analysis of Drivers and Restraints
Figure 10. North America Automation-as-a-Service Market Forecast and Analysis, (US$ Mn)
Figure 11. North America Automation-as-a-Service Market Breakdown, by Component, 2018 & 2027 (%)
Figure 12. North America Solution Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 13. North America Service Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 14. North America Automation-as-a-Service Market Breakdown, by Deployment Model, 2018 & 2027 (%)
Figure 15. North America On-Premise Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 16. North America Cloud Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 17. North America Automation-as-a-Service Market Breakdown, by Business Function, 2018 & 2027 (%)
Figure 18. North America Sales & Marketing Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 19. North America Finance & Operations Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 20. North America Human Resources Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 21. North America IT Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 22. North America Automation-as-a-Service Market Breakdown, by Industry Vertical, 2018 & 2027 (%)
Figure 23. North America BFSI Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 24. North America IT & Telecom Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 25. North America Retail Market Revenue And Forecasts To 2027(US$ Mn)
Figure 26. North America Healthcare & Life Sciences Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 27. North America Transportation & Logistics Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 28. North America Government Agencies Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 29. North America Manufacturing Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 30. North America Others Market Revenue And Forecasts To 2027(US$ Mn)
Figure 31. North America Automation-as-a-Service Market Breakdown, by Country, 2018 & 2027(%)
Figure 32. US Automation-as-a-Service Market Revenue and Forecast to 2027 (US$ Mn)
Figure 33. Canada Automation-as-a-Service Market Revenue and Forecast to 2027 (US$ Mn)
Figure 34. Mexico Automation-as-a-Service Market Revenue and Forecast to 2027 (US$ Mn)
The List of Companies - North America Automation-as-a-service Market
- Accenture PLC
- Automation Anywhere, Inc.
- Blue Prism Group plc
- HCL Technologies Limited
- Hewlett Packard Enterprise
- IBM Corporation
- Microsoft Corporation
- NICE Ltd.
- Pegasystems Inc
- UiPath
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America automation-as-a-service market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America automation-as-a-service market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.