The job growth in Robotic Process Automation (RPA) has been predominantly increasing in recent years, and it is expected to continue to grow in the future. According to 52% of the experts who responded to a NASSCOM poll on AI, robotics, and machine learning, organizations will require competent RPA personnel by 2025 as a result of the growing use of RPA. In fact, it has already produced 58 millionjobs.

As more and more firms are adopting RPA to automate their business processes, the demand for RPA professionals is increasing in global market. RPA provides many benefits to enterprises, that includes cost savings, improving accuracy and efficiency, and flexibility, which makes it an attractive option for many of the industries.

As per the survey conducted by fortunebusinessinsights, The global robotic process automation market is projected to grow from $13.86 billion in 2023 to $50.50 billion in 2030, at a CAGR of 20.3% in forecast period.

In the survey conducted by fortunebusinessinsights, they segmented the growth of RPA into 4 divisions based usability in different sectors:

1.By Component analysis: By component the market is divided into software and services. The services segment is expected to holds the largest share owing the surge in adoption of the RPA-as-a service by the organizations than software segment as it as a moderate growth rate.

2 .By operational Analysis: By operational segment the market is divided into rule and knowledge based, The knowledge based segment anticipated to record highest CAGR during 2022-2029. At present adoption of knowledge based is relatively lower than rule based systems which includes doing repetitive tasks across industries and automates workflow.

3. By application analysis: This segment is expected to exhibit the highest CAGR over 2022-2029 owing to rise the demand from banking, finance, and insurance sector to creates, reports, invoices and so on.

4. By industry analysis: The market segregated into retail, manufacturing and logistics, healthcare, BFSI and so on. In turn BFSI segment held maximum market share in 2021 which primarily dealt with the KYC, customer handling, compliance management and so on. The healthcare segment is anticipated to grow the highest CAGR during the forecast period.