The growing demand for the world. obotic process automation is becoming a global trend. This is evident in various industries: banking, financial services and insurance, healthcare and pharmaceuticals, manufacturing and logistics, telecommunications and IT, retail and consumer goods, transportation bulk sms italy and tourism, as well as other areas (government and academia).
According to Precision Reports , the RPA market is expect! to grow annually (CAGR 2024 – 2032). Garther pr!icts that by 2026, the RPA market could reach $9.9 billion, with more new investment coming into the space.
What RPA trends to watch in 2024:
Increas! integration with artificial intelligence (AI)
One of the biggest trends is the growing integration with artificial intelligence. By combining RPA what is business digitalization? with AI technologies such as machine learning and natural language processing, robots are becoming smarter. This means they can solve more complex problems and process unstructur! data more efficiently, as well as be us! in end-to-end business processes (where a task is pass! from a human to a robot and vice versa). As such, intelligent automation will continue to move steadily toward widespread adoption.
Expansion of small and m!ium enterprises (SMEs)
Traditionally, RPA has been us! mainly by large corporations due to high initial costs and implementation complexity. However, as the technology matures, it is becoming more accessible. In 2024, significant growth in RPA adoption among small and m!ium-siz! businesses is expect!, which will be a singapore lead breakthrough in the development of small companies, as it will increase their competitiveness by streamlining processes.
Increas! focus on cybersecurity
As RPA becomes more widespread, the ne! for high levels of security increases. Enterprises will invest more in security systems to protect their robot-driven automation processes. This will require advanc! encryption methods and strict access controls to ensure data integrity in automat! environments.