Global Service Delivery Automation Market Size By Type (Business Process Automation, IT Process Automation), By End-User (Healthcare, BFSI), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Service Delivery Automation Market Size And Forecast
Service Delivery Automation Market size was valued at USD 5.12 Billion in 2021 and is projected to reach USD 11.21 Billion by 2030, growing at a CAGR of 26.43% from 2023 to 2030.
The major factors which are expected to drive the growth of the Service Delivery Automation Market during the forecast period are an upsurge in the incidence of neurological illnesses including stroke, epilepsy, Parkinson’s disease, neuro-infections, and traumatic injuries, and increasing prevalence of road accidents and fall injuries. The Global Service Delivery Automation Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Service Delivery Automation Market Definition
Service delivery automation (SDA) is an umbrella word for a series of human actions that are automated by technologies in IT or business processes. SDA needs the coordination of multiple processes to produce an end result that optimizes session initiation protocol, and client-server architectures, offering supreme enterprise application integration within several industry verticals. Service delivery automation (SDA) has the capability to be equivalent to legacy technologies with automated technologies which can minimize disruption and simplify the different business cases. The industries, such as Healthcare, Hospitality, Retail, and Logistics are embracing automation.
With the growing deployment of several software-as-a-service platforms across numerous enterprises to achieve cost-saving features, the Service Delivery Automation Market is expected to witness a considerable boom over the forecast period. Moreover, it produces a considerable amount of rich and important data, which combines to enable quicker and smarter decision-making, from optimizing present operations and processes to foreseeing the optimum places, times, and ways to offer new services and goods.
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Global Service Delivery Automation Market Overview
The Service Delivery Automation Market is projected to grow, due to the growing adoption of a digital workforce and increasing functional advantages of automation services for business process automation across numerous end-user industries. As per the World Robotics Report by the IFR (International Federation of Robotics), global industrial robots’ sales were projected to increase by 14 % each year on average from 2019 – 2021. The need for automation has increased considerably as industries have developed so as to make processes quicker and offer quality services within serious time limitations.
The market will enlarge due to the developments in artificial intelligence as enhanced and new technologies are integrated into numerous service delivery automation categories. However, the initial cost needed for the integration and setup of service delivery automation is high, which restricts its use in some small and medium organizations. Businesses with high labor costs are more probable to use process and service automation to decrease their labor costs and provide high-quality products and services.
Also, the primary factors accountable for the development of automation is the smart process automation, IoT and big data, increment in service automation tools’ adoption, and integration with other tools. Several jobs can be generated by service, which is also anticipated to boost the demand for skilled workers in several industries. Service automation is the digital workforce of Machine Learning and Artificial Intelligence. Using these intelligent technologies, business pioneers and innovation leaders can provide the best frameworks for everything from finance to staffing and development to production.
Global Service Delivery Automation MarketSegmentation Analysis
The Global Service Delivery Automation Market is Segmented on the basis of Type, End-User, And Geography.
Service Delivery Automation Market, By Type
Business Process Automation
IT Process Automation
Let's break down the automation market based on what it automates. We have two main types1. Business Process Automation This automates tasks related to business operations, like customer service or supply chain management. 2. IT Process Automation This is all about making IT tasks easier and more efficient. Now, IT Process Automation has been the star of the show in the market, especially for Service Delivery Automation in 2021. It's like having a robot helper handle all those repetitive manual jobs, workflows, and processes that used to take up so much time. Think of IT Process Automation as a way to turn IT services, administration, and support into automated workflows. This means you can ditch the costly and time-consuming physical management stuff. This automation game has different players, like software and services, and a wide range of users, from small to large businesses. And it's not just limited to one industry either. Healthcare, finance, travel, manufacturing, and even retail are all getting a taste of the automation goodness.
Service Delivery Automation Market, By End-User
Healthcare
BFSI
Travel & Hospitality
IT & Telecommunication
Transport & Logistic
Retail
Others
Based on End-User, The market is bifurcated into Healthcare, BFSI, Travel & Hospitality, IT & Telecommunication, Transport & Logistic, Retail, and Others. Among these, Retail holds a prominent market share in 2021. With the estimated delivery times going down and the number of orders surging, automating the retail process may lead to decreased costs as well as the improved speed of handling orders. As per the latest survey by IBM, 79% of consumer products and 85% of retail companies plan to be utilizing intelligent automation for supply chain planning by 2021.
Service Delivery Automation Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
The global market for tools that automate service delivery is divided into different regionsNorth America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Out of these regions, the Asia-Pacific region is the biggest, and it's predicted to grow the fastest over the next few years. This is because the manufacturing sector in Asia-Pacific is moving towards Industry 4.0, which means there's a lot of interest in using digital tools. This is expected to lead to a big increase in the use of Service Delivery Automation, which will drive the growth of the market in the region. For example, China has been investing a lot in advanced manufacturing since January 2020, which is helping to drive the growth of the Service Delivery Automation market. Additionally, more and more companies are offering digital services, which is also contributing to the growth of the market in the Asia-Pacific region.
Key Players
The “Global Service Delivery Automation Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are International Business Machines Corporation, Xerox Corporation, Blue Prism Group PLC, Automation Anywhere Inc., CA Technologies, Celaton Ltd., Exilant Technologies Pvt. Ltd., IPsoft Inc., Openspan Pvt. Ltd., Sutherland Global Services Inc., Arago Technology Ltd., and Accenture Inc.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
In November 2021, Everbridge, Inc., the global leader in critical event management (CEM) launched its new Digital Operations Platform, helping organizations to save time and money, deliver continuous service uptime, and maintain revenue streams. The new platform extends Everbridge’s market-leading CEM for Digital solutions to further support customers’ digital transformation efforts.
In November 2020, CMS IT Services launched its first-of-the-kind shared service delivery model for Intelligent Automation, powered by Automation Anywhere with the aim of making IT automation affordable for organizations of all sizes. Remote Automation Centre for Enterprises (RACE) delivers the full power of AI-augmented robotic process automation technology amplified by the flexibility, scalability, and support that empowers customers to start small, capture value, and scale at their own pace with no risk.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Service Delivery Automation Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in Global Service Delivery Automation Market gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
Report Attributes
Details
Study Period
2018-2030
Base Year
2021
Forecast Period
2023-2030
Historical Period
2018-2020
Unit
Value (USD Billion)
Key Companies Profiled
International Business Machines Corporation, Xerox Corporation, Blue Prism Group PLC, Automation Anywhere Inc., CA Technologies, Celaton Ltd., Exilant Technologies Pvt. Ltd.
Segments Covered
By Type
By End-User
By Geography
Customization scope
Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope
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