South & Central America Robotic Process Automation Market Forecast to 2030 - Regional Analysis - by Component [Solution and Service (Consulting, Integration & Development, Support & Maintenance, and Training)], Deployment (On-Premise and Cloud), Organization Size (Large Enterprises and SMEs), and End-User Industry (BFSI, e-Commerce & Retail, Healthcare, IT & Telecom, Manufacturing, and Others)
The South & Central America robotic process automation market was valued at US$ 153.09 million in 2022 and is expected to reach US$ 282.90 million by 2030; it is estimated to register at a CAGR of 8.0% from 2022 to 20 30.
Rising Demand for Cognitive Robotic Process Automation Fuels South & Central America Robotic Process Automation Market
The growth of novel technologies such as machine learning, cognitive computing, and artificial intelligence is expected to promote the evolution of robotic process automation tools faster. The application of intelligent technologies is predicted to create arrangements that would lead to the development of an improved framework, which would incorporate everything, from staffing and general expenses to execution and productivity.
Various end users are implementing RPAs featuring machine learning and artificial intelligence capabilities, leading to a new trend of data analysis and understanding. Furthermore, the significant advancements in the robotic process automation technology owing to the combined impact of AI and ML are expected to ensure increased ROI and productivity. Because of this, market players are working on advancing technological features.
Furthermore, the evolution of cognitive robotic process automation would not only expand the market scope but also raise the demand for new expertise. This would further pave the way for robotic process automation service providers, particularly for consulting and training services. Moreover, industries such as financial services and manufacturing are expected to benefit most from the cognitive RPA. Thus, the rising demand for cognitive robotic process automation is expected to create a growth opportunity for the South & Central America robotic process automation market.
South & Central America Robotic Process Automation Market Overview
South & Central America has emerged as a prominent and influential region in the robotic process automation market, experiencing substantial growth and widespread adoption of robotic process automation solutions. The region's robust technological infrastructure, advanced IT capabilities, and strong commitment to automation and digital transformation have played a pivotal role in establishing its dominance in the robotic process automation market.
Robotic process automation has gained traction in South America in recent years. Industries such as banking, finance, manufacturing, and healthcare are actively adopting robotic process automation solutions to improve efficiency and productivity. The demand for robotic process automation technologies, such as artificial intelligence (AI) and machine learning (ML), is also increasing, facilitating intelligent automation and handling more complex tasks. Both global and regional robotic process automation vendors have established a strong presence in South America to meet the growing demand for robotic process automation solutions. Integrating robotic process automation with other emerging technologies is expected to enhance its capabilities further and create new prospects for businesses in the region.
South & Central America Robotic Process Automation Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Robotic Process Automation Market Segmentation
The South & Central America robotic process automation market is segmented based on component, deployment, organization size, end-user industry, and country.
Based on component, the South & Central America robotic process automation market is bifurcated into solution and service. The service segment held a larger share in 2022. The service segment is sub-categorized into consulting, integration & development, support & maintenance, and training.
In terms of deployment, the South & Central America robotic process automation market is bifurcated into on-premise and cloud. The on-premise segment held a larger share in 2022.
Based on organization size, the South & Central America robotic process automation market is bifurcated into SMEs and large enterprises. The large enterprises segment held a larger share in 2022.
By end-user industry, the South & Central America robotic process automation market is segmented into BFSI, e-commerce & retail, healthcare, IT & Telecom, manufacturing, and others. The BFSI segment held the largest share in 2022.
Based on country, the South & Central America robotic process automation market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America robotic process automation market in 2022.
Appian Corp, International Business Machines Corp, Microsoft Corp, NICE Ltd, Salesforce Inc, SAP SE, and UiPath Inc are some of the leading companies operating in the South & Central America robotic process automation market.
Rising Demand for Cognitive Robotic Process Automation Fuels South & Central America Robotic Process Automation Market
The growth of novel technologies such as machine learning, cognitive computing, and artificial intelligence is expected to promote the evolution of robotic process automation tools faster. The application of intelligent technologies is predicted to create arrangements that would lead to the development of an improved framework, which would incorporate everything, from staffing and general expenses to execution and productivity.
Various end users are implementing RPAs featuring machine learning and artificial intelligence capabilities, leading to a new trend of data analysis and understanding. Furthermore, the significant advancements in the robotic process automation technology owing to the combined impact of AI and ML are expected to ensure increased ROI and productivity. Because of this, market players are working on advancing technological features.
Furthermore, the evolution of cognitive robotic process automation would not only expand the market scope but also raise the demand for new expertise. This would further pave the way for robotic process automation service providers, particularly for consulting and training services. Moreover, industries such as financial services and manufacturing are expected to benefit most from the cognitive RPA. Thus, the rising demand for cognitive robotic process automation is expected to create a growth opportunity for the South & Central America robotic process automation market.
South & Central America Robotic Process Automation Market Overview
South & Central America has emerged as a prominent and influential region in the robotic process automation market, experiencing substantial growth and widespread adoption of robotic process automation solutions. The region's robust technological infrastructure, advanced IT capabilities, and strong commitment to automation and digital transformation have played a pivotal role in establishing its dominance in the robotic process automation market.
Robotic process automation has gained traction in South America in recent years. Industries such as banking, finance, manufacturing, and healthcare are actively adopting robotic process automation solutions to improve efficiency and productivity. The demand for robotic process automation technologies, such as artificial intelligence (AI) and machine learning (ML), is also increasing, facilitating intelligent automation and handling more complex tasks. Both global and regional robotic process automation vendors have established a strong presence in South America to meet the growing demand for robotic process automation solutions. Integrating robotic process automation with other emerging technologies is expected to enhance its capabilities further and create new prospects for businesses in the region.
South & Central America Robotic Process Automation Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Robotic Process Automation Market Segmentation
The South & Central America robotic process automation market is segmented based on component, deployment, organization size, end-user industry, and country.
Based on component, the South & Central America robotic process automation market is bifurcated into solution and service. The service segment held a larger share in 2022. The service segment is sub-categorized into consulting, integration & development, support & maintenance, and training.
In terms of deployment, the South & Central America robotic process automation market is bifurcated into on-premise and cloud. The on-premise segment held a larger share in 2022.
Based on organization size, the South & Central America robotic process automation market is bifurcated into SMEs and large enterprises. The large enterprises segment held a larger share in 2022.
By end-user industry, the South & Central America robotic process automation market is segmented into BFSI, e-commerce & retail, healthcare, IT & Telecom, manufacturing, and others. The BFSI segment held the largest share in 2022.
Based on country, the South & Central America robotic process automation market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America robotic process automation market in 2022.
Appian Corp, International Business Machines Corp, Microsoft Corp, NICE Ltd, Salesforce Inc, SAP SE, and UiPath Inc are some of the leading companies operating in the South & Central America robotic process automation market.
1. INTRODUCTION
1.1 The Insight Partners Research Report Guidance
1.2 Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET LANDSCAPE
4.1 Overview
4.2 Value Chain Analysis
4.3 Ecosystem Analysis
5. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET - KEY MARKET DYNAMICS
5.1 South & Central America Robotic Process Automation Market - Key Market Dynamics
5.2 Market Drivers
5.2.1 Increased Demand for Robotic Process Automation in BPO
5.2.2 Cost Benefits Offered by Robotic Process Automation
5.2.3 Rise in Use of Robotic Process Automation in BFSI Sector
5.3 Market Restraints
5.3.1 Frequent Alterations in Operating Procedures and Business Rules Impacting Robotic Process Automation Efficiency
5.3.2 Lack of Prospects in Small and Medium Businesses (SMBs)
5.4 Market Opportunities
5.4.1 Rising Demand for Cognitive Robotic Process Automation
5.4.2 Increasing Adoption of Robotic Process Automation in Retail Sector
5.5 Future Trends
5.5.1 Growing Technological Advancements
5.6 Impact of Drivers and Restraints:
6. ROBOTIC PROCESS AUTOMATION MARKET – SOUTH & CENTRAL AMERICA MARKET ANALYSIS
6.1 South & Central America Robotic Process Automation Market Revenue (US$ Million), 2022 – 2030
6.2 South & Central America Robotic Process Automation Market Forecast and Analysis
7. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET ANALYSIS - COMPONENT
7.1 Solution
7.1.1 Overview
7.1.2 Solution Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Service
7.2.1 Overview
7.2.2 Service Market, Revenue and Forecast to 2030 (US$ Million)
7.2.3 South & Central America Robotic Process Automation Market, By Service
7.2.4 Consulting
7.2.4.1 Overview
7.2.4.2 Consulting Market, Revenue and Forecast to 2030 (US$ Million)
7.2.5 Integration & Development
7.2.5.1 Overview
7.2.5.2 Integration & Development Market, Revenue and Forecast to 2030 (US$ Million)
7.2.6 Support & Maintenance
7.2.6.1 Overview
7.2.6.2 Support & Maintenance Market, Revenue and Forecast to 2030 (US$ Million)
7.2.7 Training
7.2.7.1 Overview
7.2.7.2 Training Market, Revenue and Forecast to 2030 (US$ Million)
8. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET ANALYSIS - DEPLOYMENT
8.1 On-Premise
8.1.1 Overview
8.1.2 On-Premise Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Cloud
8.2.1 Overview
8.2.2 Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET ANALYSIS - ORGANIZATION SIZE
9.1 Large Enterprises
9.1.1 Overview
9.1.2 Large Enterprises Market, Revenue and Forecast to 2030 (US$ Million)
9.2 SMEs
9.2.1 Overview
9.2.2 SMEs Market, Revenue and Forecast to 2030 (US$ Million)
10. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET ANALYSIS - END-USER INDUSTRY
10.1 BFSI
10.1.1 Overview
10.1.2 BFSI Market, Revenue and Forecast to 2030 (US$ Million)
10.2 e-Commerce & Retail
10.2.1 Overview
10.2.2 e-Commerce & Retail Market, Revenue and Forecast to 2030 (US$ Million)
10.3 Healthcare
10.3.1 Overview
10.3.2 Healthcare Market, Revenue and Forecast to 2030 (US$ Million)
10.4 IT & Telecom
10.4.1 Overview
10.4.2 IT & Telecom Market, Revenue and Forecast to 2030 (US$ Million)
10.5 Manufacturing
10.5.1 Overview
10.5.2 Manufacturing Market, Revenue and Forecast to 2030 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
11. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET – ANALYSIS
11.1 South & Central America
11.1.1 South & Central America Robotic Process Automation Market Overview
11.1.2 South & Central America Robotic Process Automation Market Revenue and Forecasts and Analysis - By Country
11.1.2.1 South & Central America Robotic Process Automation Market Revenue and Forecasts and Analysis - By Country
11.1.2.2 Brazil Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.2.1 Brazil Robotic Process Automation Market Breakdown, by Component
11.1.2.2.1.1 Brazil Robotic Process Automation Market Breakdown, by Service
11.1.2.2.2 Brazil Robotic Process Automation Market Breakdown, by Deployment
11.1.2.2.3 Brazil Robotic Process Automation Market Breakdown, by Organization Size
11.1.2.2.4 Brazil Robotic Process Automation Market Breakdown, by End-User Industry
11.1.2.3 Argentina Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.3.1 Argentina Robotic Process Automation Market Breakdown, by Component
11.1.2.3.1.1 Argentina Robotic Process Automation Market Breakdown, by Service
11.1.2.3.2 Argentina Robotic Process Automation Market Breakdown, by Deployment
11.1.2.3.3 Argentina Robotic Process Automation Market Breakdown, by Organization Size
11.1.2.3.4 Argentina Robotic Process Automation Market Breakdown, by End-User Industry
11.1.2.4 Rest of South & Central America Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.4.1 Rest of South & Central America Robotic Process Automation Market Breakdown, by Component
11.1.2.4.1.1 Rest of South & Central America Robotic Process Automation Market Breakdown, by Service
11.1.2.4.2 Rest of South & Central America Robotic Process Automation Market Breakdown, by Deployment
11.1.2.4.3 Rest of South & Central America Robotic Process Automation Market Breakdown, by Organization Size
11.1.2.4.4 Rest of South & Central America Robotic Process Automation Market Breakdown, by End-User Industry
12. INDUSTRY LANDSCAPE
12.1 Overview
12.2 Market Initiative
12.3 Product News & Company News
12.4 Collaboration and Mergers & Acquisitions
13. COMPANY PROFILES
13.1 Appian Corp
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 International Business Machines Corp
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 Microsoft Corp
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 NICE Ltd
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 Salesforce Inc
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 SAP SE
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 UiPath Inc
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
14. APPENDIX
14.1 Word Index
1.1 The Insight Partners Research Report Guidance
1.2 Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET LANDSCAPE
4.1 Overview
4.2 Value Chain Analysis
4.3 Ecosystem Analysis
5. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET - KEY MARKET DYNAMICS
5.1 South & Central America Robotic Process Automation Market - Key Market Dynamics
5.2 Market Drivers
5.2.1 Increased Demand for Robotic Process Automation in BPO
5.2.2 Cost Benefits Offered by Robotic Process Automation
5.2.3 Rise in Use of Robotic Process Automation in BFSI Sector
5.3 Market Restraints
5.3.1 Frequent Alterations in Operating Procedures and Business Rules Impacting Robotic Process Automation Efficiency
5.3.2 Lack of Prospects in Small and Medium Businesses (SMBs)
5.4 Market Opportunities
5.4.1 Rising Demand for Cognitive Robotic Process Automation
5.4.2 Increasing Adoption of Robotic Process Automation in Retail Sector
5.5 Future Trends
5.5.1 Growing Technological Advancements
5.6 Impact of Drivers and Restraints:
6. ROBOTIC PROCESS AUTOMATION MARKET – SOUTH & CENTRAL AMERICA MARKET ANALYSIS
6.1 South & Central America Robotic Process Automation Market Revenue (US$ Million), 2022 – 2030
6.2 South & Central America Robotic Process Automation Market Forecast and Analysis
7. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET ANALYSIS - COMPONENT
7.1 Solution
7.1.1 Overview
7.1.2 Solution Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Service
7.2.1 Overview
7.2.2 Service Market, Revenue and Forecast to 2030 (US$ Million)
7.2.3 South & Central America Robotic Process Automation Market, By Service
7.2.4 Consulting
7.2.4.1 Overview
7.2.4.2 Consulting Market, Revenue and Forecast to 2030 (US$ Million)
7.2.5 Integration & Development
7.2.5.1 Overview
7.2.5.2 Integration & Development Market, Revenue and Forecast to 2030 (US$ Million)
7.2.6 Support & Maintenance
7.2.6.1 Overview
7.2.6.2 Support & Maintenance Market, Revenue and Forecast to 2030 (US$ Million)
7.2.7 Training
7.2.7.1 Overview
7.2.7.2 Training Market, Revenue and Forecast to 2030 (US$ Million)
8. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET ANALYSIS - DEPLOYMENT
8.1 On-Premise
8.1.1 Overview
8.1.2 On-Premise Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Cloud
8.2.1 Overview
8.2.2 Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET ANALYSIS - ORGANIZATION SIZE
9.1 Large Enterprises
9.1.1 Overview
9.1.2 Large Enterprises Market, Revenue and Forecast to 2030 (US$ Million)
9.2 SMEs
9.2.1 Overview
9.2.2 SMEs Market, Revenue and Forecast to 2030 (US$ Million)
10. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET ANALYSIS - END-USER INDUSTRY
10.1 BFSI
10.1.1 Overview
10.1.2 BFSI Market, Revenue and Forecast to 2030 (US$ Million)
10.2 e-Commerce & Retail
10.2.1 Overview
10.2.2 e-Commerce & Retail Market, Revenue and Forecast to 2030 (US$ Million)
10.3 Healthcare
10.3.1 Overview
10.3.2 Healthcare Market, Revenue and Forecast to 2030 (US$ Million)
10.4 IT & Telecom
10.4.1 Overview
10.4.2 IT & Telecom Market, Revenue and Forecast to 2030 (US$ Million)
10.5 Manufacturing
10.5.1 Overview
10.5.2 Manufacturing Market, Revenue and Forecast to 2030 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
11. SOUTH & CENTRAL AMERICA ROBOTIC PROCESS AUTOMATION MARKET – ANALYSIS
11.1 South & Central America
11.1.1 South & Central America Robotic Process Automation Market Overview
11.1.2 South & Central America Robotic Process Automation Market Revenue and Forecasts and Analysis - By Country
11.1.2.1 South & Central America Robotic Process Automation Market Revenue and Forecasts and Analysis - By Country
11.1.2.2 Brazil Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.2.1 Brazil Robotic Process Automation Market Breakdown, by Component
11.1.2.2.1.1 Brazil Robotic Process Automation Market Breakdown, by Service
11.1.2.2.2 Brazil Robotic Process Automation Market Breakdown, by Deployment
11.1.2.2.3 Brazil Robotic Process Automation Market Breakdown, by Organization Size
11.1.2.2.4 Brazil Robotic Process Automation Market Breakdown, by End-User Industry
11.1.2.3 Argentina Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.3.1 Argentina Robotic Process Automation Market Breakdown, by Component
11.1.2.3.1.1 Argentina Robotic Process Automation Market Breakdown, by Service
11.1.2.3.2 Argentina Robotic Process Automation Market Breakdown, by Deployment
11.1.2.3.3 Argentina Robotic Process Automation Market Breakdown, by Organization Size
11.1.2.3.4 Argentina Robotic Process Automation Market Breakdown, by End-User Industry
11.1.2.4 Rest of South & Central America Robotic Process Automation Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.4.1 Rest of South & Central America Robotic Process Automation Market Breakdown, by Component
11.1.2.4.1.1 Rest of South & Central America Robotic Process Automation Market Breakdown, by Service
11.1.2.4.2 Rest of South & Central America Robotic Process Automation Market Breakdown, by Deployment
11.1.2.4.3 Rest of South & Central America Robotic Process Automation Market Breakdown, by Organization Size
11.1.2.4.4 Rest of South & Central America Robotic Process Automation Market Breakdown, by End-User Industry
12. INDUSTRY LANDSCAPE
12.1 Overview
12.2 Market Initiative
12.3 Product News & Company News
12.4 Collaboration and Mergers & Acquisitions
13. COMPANY PROFILES
13.1 Appian Corp
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 International Business Machines Corp
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 Microsoft Corp
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 NICE Ltd
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 Salesforce Inc
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 SAP SE
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 UiPath Inc
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
14. APPENDIX
14.1 Word Index
