Cognitive Robotic Process Automation Market Analysis & Forecast (2017-2026)
The cognitive robotic process automation is currently in its initial phase where companies have started adopting the cognitive technology in the robotic process automation. Cognitive technology along with robotic process automation help large-scale organizations to automate their repetitive manual tasks. Cognitive automation enables the business processes to take dynamic judgmental decisions without the need for human intervention.
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Some of the companies that have initiated integrating cognitive technologies such as machine learning, voice recognition and pattern recognition, include Automation Anywhere, Blue Prism, UiPath and Kryon Systems, among others. Some of the global cognitive robotic process automation platforms are mentioned in the following table with their respective manufacturers.
The global cognitive robotic process automation market is estimated to be $XX million in the year 2017 and is expected to cross $XX million by the year 2018. The global cognitive robotic process automation market is expected to exhibit a growth rate of XX%, between 2017 and 2026, to reach the market size of $XX million in 2026. The growing demand for automating repetitive tasks is one of the major factors driving the global cognitive robotic process automation market. Moreover, there are various enterprises that are looking forward to reduce their operational cost by adopting digital workforce for complex processes. This is another factor that supports the growth of the global cognitive robotic process automation market.
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