RPA Stats and Facts

The RPA industry is estimated to grow from $250 million to $2.9 billion by 2021 ( Forrester)
The RPA market size worldwide was valued at $1.40 billion (2019) and is estimated to be $11 billion by the year 2027. This shows 34% CAGR expansion extending from 2020 to 2027 ( Grand View Research)
It is expected that the market size for collaborative robots would grow to $12 billion by the year 2025 (Markets AND Markets)
The estimated potential impact economic wise of knowledge work automation is expected to be somewhere between $5 trillion to $7 trillion by 2025

Employees spend at least 10-25% of their daily work time on repetitive tasks (Automation Anywhere)
It is estimated that around 30% of time spent by the IT department is on doing basic low-level stuffs (Automation Anywhere)
50% of organisations spend $5 to $25 for invoice processing manually (Automation Anywhere)
A protocol or rule-based process can be automated by 70-80% (Automation Anywhere)
Approximately 80% of finance decision makers or leaders have already implemented RPA in the processes or are planning to implement it (Gartner**)

In a Deloitte Global RPA survey, 53% of respondents agreed to have already embarked or started their RPA journey. (Deloitte Global RPA survey)
In the same survey 19% of respondents agreed that they are planning RPA adoption in the next two years (Deloitte Global RPA survey)
According to a Deloitte Global RPA survey, 64% of the respondents are considering RPA as an enterprise level wide corporate opportunity.
According to a survey of IT leaders, 98% of the respondents agreed that for driving business benefits, automating the business processes is crucial (Automation Anywhere)
According to Deloitte Global RPA survey, 78% of respondents who had already implemented RPA in their businesses are further planning to increase investment in RPA in the next three years.

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According to the RPA adoption and growth trends, RPA will be universally adopted in the coming five years (Deloitte Global RPA Survey)
Approximately 28% of companies scaling and implementing RPA are also implementing cognitive automation. (Deloitte Global RPA Survey)
Over 90% of executives at C-level reported that some levels of automation are already existing within their companies (IBM)
Approximately 61% of respondents agreed that their cost reduction expectations have been met or exceeded with the implementation of RPA (Deloitte Global RPA Survey)
63% of survey participants showed inclination of having a partner for RPA implementation in their organisation. 19% of the participants showed inclination of having RPA vendors for support activities and 15% agreed to handle RPA activities internally (Deloitte Global RPA Survey)

By the year 2024, it is expected that organisations will reduce their operational costs by 30% with the help of hyper automation technologies and redesigning the entire operational processes (Gartner)
The payback attained by those who had implemented RPA and scaled them had been 12 months (Deloitte Global RPA Survey)
80% reduction of labour-intensive tasks can be attained with RPA (Automation Anywhere)
Uipath raised a funding of $1.2 billion during 6 rounds of funding. (Crunchbase)
Automation Anywhere raised a funding of $840 million in 4 rounds of funding. (Crunchbase)

Blue Prism Group raised an amount of $182 million during 5 rounds of funding. (Crunchbase)
Workfusion raised an amount of $180 million during 6 rounds of funding. (Crunchbase)