Which industry uses RPA the most?

The major industries adopting RPA

• Banking and Finance. According to Grand View Research, the banking and financial services industries were market leaders in RPA adoption in 2019, accounting for a 29\% share of the global revenue.
• Insurance.
• Healthcare.
• Manufacturing.
• Transport and Logistics.
• Utilities.
• Summary.

What is the RPA industry?

Robotic process automation (RPA) is a software technology that makes it easy to build, deploy, and manage software robots that emulate humans actions interacting with digital systems and software.

What are the business benefits of RPA?

Proven Benefits of RPA for Businesses

• Cost-Effective. It has been estimated that using robotics cuts operational costs by as much as 25-50\%.
• Accuracy & Quality.
• Consistency.
• Improved Analytics.
• Increased Employee Productivity.
• Increased Customer Satisfaction.
• Faster.
• Reconciliation from Multiple Systems.

Why do businesses need RPA?

Robotic process automation (RPA) eliminates mundane tasks, shifting corporate employees’ focus to more meaningful work. With RPA, companies can automate routine, rule-based business processes, enabling employees to devote more time to customer service or higher-value tasks.

Where is the RPA market heading?

b. The global RPA market size was estimated at USD 1.57 billion in 2020 and is expected to reach USD 1.89 billion in 2021….

Report Attribute	Details
Market size value in 2021	USD 1.89 billion
Revenue forecast in 2028	USD 13.74 billion
Growth rate	CAGR of 32.8\% from 2021 to 2028

When can RPA be used?

RPA can be used to automate repetitive tasks both in the back office and front office that require human intervention. Some common RPA examples and use cases we encounter are automation of data entry, data extraction, and invoice processing.