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Global Robotic Process Automation (RPA) Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 9/22/2022
  • NO OF PAGES
  • 214
  • CATEGORY
  • Information Technology

Market Overview:

Robotic Process Automation (RPA) is an emerging technology that automates repetitive, rule-based processes using software bots or robots. RPA technology has gained widespread adoption across various industries such as banking, insurance, healthcare, telecommunications, and retail. Robotic Process Automation (RPA) provides numerous benefits to businesses, making it a popular technology for automation. One of the key benefits of RPA is increased efficiency. By automating repetitive, manual tasks, RPA frees up employees to focus on more important tasks, such as decision-making and problem-solving. This can lead to a significant increase in productivity and efficiency, as well as improved employee satisfaction. Another significant benefit of RPA is cost savings. Automation through RPA can help reduce costs associated with manual labor, such as employee salaries and benefits. Additionally, RPA can help reduce errors and improve accuracy, leading to further cost savings by minimizing the need for rework and corrections. RPA can also improve compliance and accuracy. As RPA robots follow pre-defined rules and guidelines, there is less risk of errors and non-compliance. This can help businesses stay compliant with regulations and avoid costly fines and penalties. Furthermore, RPA can enhance customer satisfaction by improving response times and reducing errors. For example, RPA can automate the process of handling customer inquiries and requests, leading to faster response times and improved customer experience. Finally, RPA can provide valuable insights and analytics through data collection and analysis. By automating data collection and analysis, RPA can provide businesses with valuable insights into their operations, helping them make informed decisions and improve processes. Overall, Robotic Process Automation offers many benefits to businesses, including increased efficiency, cost savings, improved compliance and accuracy, enhanced customer satisfaction, and valuable insights and analytics.

Need for automation and increased business efficiency to bolster the edge AI software market growth

Business automation is one of the key drivers of the Robotic Process Automation (RPA) market. As businesses continue to look for ways to improve efficiency, reduce costs, and increase productivity, many are turning to automation technologies like RPA. RPA technology is designed to automate repetitive, rule-based processes, such as data entry, invoicing, and customer service inquiries. By automating these processes, businesses can reduce the time and effort required to complete them, freeing up employees to focus on more strategic and high-value tasks. Additionally, RPA can help businesses improve accuracy and reduce errors by following pre-defined rules and guidelines. This can help improve compliance and reduce the risk of costly errors or non-compliance issues. Furthermore, RPA can help businesses scale their operations quickly and efficiently. As business volumes grow, RPA can be easily scaled up or down to handle the increased workload, allowing businesses to respond quickly to changes in demand. As a result, many businesses are investing in RPA to streamline their operations, reduce costs, and improve efficiency. This has led to significant growth in the RPA market, as more and more businesses adopt this technology.

Segmentation:

By Type:

·         Desktop-based

·         Server-based

By Deployment Model:

·         Cloud

·         On-Premises

By Application:

·         Banking

·         Insurance

·         Healthcare

·         Retail

Geography:

As of 2021, North America dominates the Robotic Process Automation (RPA) market. The region has a large number of RPA vendors and customers, and a highly developed IT infrastructure, which has helped to drive the adoption of RPA solutions in various industries. The United States is the largest market for RPA in North America, followed by Canada and Mexico. However, the Asia-Pacific region is expected to grow at the fastest rate in the coming years, due to the increasing adoption of RPA solutions in countries such as China, India, Japan, and Australia. The region has a large number of business process outsourcing (BPO) companies and manufacturing industries that are adopting RPA solutions to automate their processes and improve efficiency. Other regions such as Europe, Latin America, and the Middle East and Africa are also expected to witness significant growth in the RPA market in the coming years.

Impact of COVID-19 on the global Edge AI Software Market:

The COVID-19 pandemic has had a significant impact on the Robotic Process Automation (RPA) market. The pandemic has led to an increase in the demand for RPA solutions, as organizations look for ways to automate their processes and reduce their reliance on human workers. RPA has proven to be a valuable tool for maintaining business continuity in a remote work environment. The pandemic has also accelerated the pace of digital transformation in many organizations, as they look for ways to adapt to the new normal. RPA has played a key role in this transformation, by enabling organizations to automate their processes and improve efficiency. However, the pandemic has also led to delays in the implementation of RPA solutions, as organizations have had to redirect resources and focus on other priorities. Some organizations have also faced budget constraints and have had to postpone their RPA projects. Overall, while the pandemic has presented some challenges for the RPA market, it has also created new opportunities for growth and innovation, especially in industries such as healthcare, pharmaceuticals, and life sciences.

Impact of the Russia-Ukraine War on the global Edge AI Software Market:

The Russia-Ukraine war has not had a direct impact on the Robotic Process Automation (RPA) market. However, the conflict has created a geopolitical risk that could affect the market indirectly. One of the potential impacts of the conflict is the disruption of global supply chains, which could affect the availability and cost of RPA hardware and software components. The conflict could also lead to a slowdown in global economic growth, which could affect the overall demand for RPA solutions. Another potential impact of the conflict is on the IT outsourcing industry. Ukraine is a major hub for IT outsourcing, and the conflict could disrupt the industry and lead to a shortage of skilled IT workers. This could affect the availability and cost of RPA services, as many RPA vendors rely on outsourcing for their development and support services. Overall, the impact of the Russia-Ukraine war on the RPA market is uncertain and largely dependent on the duration and severity of the conflict. However, any disruption to global supply chains and the IT outsourcing industry could potentially affect the RPA market.

Company Profiles:

·         UiPath

·         Automation Anywhere

·         Blue Prism

·         WorkFusion

·         Kofax

·         NICE Systems

·         Pegasystems

·         EdgeVerve

·         Softomotive

·         Redwood Software

·         AntWorks

·         Thoughtonomy

·         HelpSystems

·         Jacada

·         Datamatics Global Services Limited


Global Robotic Process Automation (RPA) Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Robotic Process Automation (RPA) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Global Robotic Process Automation (RPA) Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

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Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Robotic Process Automation (RPA) Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Robotic Process Automation (RPA)
1.3 Robotic Process Automation (RPA) Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Robotic Process Automation (RPA)
1.4.2 Applications of Robotic Process Automation (RPA)
1.5 Market Exchange Rate

2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source

3 Market Competition Analysis
3.1 Genpact Ltd. Market Performance Analysis
3.1.1 Genpact Ltd. Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Genpact Ltd. Sales, Value, Price, Gross Margin 2016-2021
3.2 Cicero Inc. Market Performance Analysis
3.2.1 Cicero Inc. Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Cicero Inc. Sales, Value, Price, Gross Margin 2016-2021
3.3 Infosys (Edgeverve Systems) Market Performance Analysis
3.3.1 Infosys (Edgeverve Systems) Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Infosys (Edgeverve Systems) Sales, Value, Price, Gross Margin 2016-2021
3.4 BlackLine Market Performance Analysis
3.4.1 BlackLine Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 BlackLine Sales, Value, Price, Gross Margin 2016-2021
3.5 UiPath Market Performance Analysis
3.5.1 UiPath Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 UiPath Sales, Value, Price, Gross Margin 2016-2021
3.6 Kofax Market Performance Analysis
3.6.1 Kofax Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Kofax Sales, Value, Price, Gross Margin 2016-2021
3.7 Verint Systems Inc. Market Performance Analysis
3.7.1 Verint Systems Inc. Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Verint Systems Inc. Sales, Value, Price, Gross Margin 2016-2021
3.8 Stefanini Colombia Market Performance Analysis
3.8.1 Stefanini Colombia Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Stefanini Colombia Sales, Value, Price, Gross Margin 2016-2021
3.9 WorkFusion Market Performance Analysis
3.9.1 WorkFusion Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 WorkFusion Sales, Value, Price, Gross Margin 2016-2021
3.10 Automation Anywhere Market Performance Analysis
3.10.1 Automation Anywhere Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Automation Anywhere Sales, Value, Price, Gross Margin 2016-2021
3.11 Pegasystems Market Performance Analysis
3.11.1 Pegasystems Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 Pegasystems Sales, Value, Price, Gross Margin 2016-2021
3.12 OpenSpan Market Performance Analysis
3.12.1 OpenSpan Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 OpenSpan Sales, Value, Price, Gross Margin 2016-2021
3.13 HelpSystems Market Performance Analysis
3.13.1 HelpSystems Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 HelpSystems Sales, Value, Price, Gross Margin 2016-2021
3.14 Verint Systems Market Performance Analysis
3.14.1 Verint Systems Basic Information
3.14.2 Product and Service Analysis
3.14.3 Strategies for Company to Deal with the Impact of COVID-19
3.14.4 Verint Systems Sales, Value, Price, Gross Margin 2016-2021
3.15 IPSoft Market Performance Analysis
3.15.1 IPSoft Basic Information
3.15.2 Product and Service Analysis
3.15.3 Strategies for Company to Deal with the Impact of COVID-19
3.15.4 IPSoft Sales, Value, Price, Gross Margin 2016-2021
3.16 Laserfiche Market Performance Analysis
3.16.1 Laserfiche Basic Information
3.16.2 Product and Service Analysis
3.16.3 Strategies for Company to Deal with the Impact of COVID-19
3.16.4 Laserfiche Sales, Value, Price, Gross Margin 2016-2021
3.17 Cognizant Technology Solutions Corporation Market Performance Analysis
3.17.1 Cognizant Technology Solutions Corporation Basic Information
3.17.2 Product and Service Analysis
3.17.3 Strategies for Company to Deal with the Impact of COVID-19
3.17.4 Cognizant Technology Solutions Corporation Sales, Value, Price, Gross Margin 2016-2021
3.18 Sutherland Global Services Market Performance Analysis
3.18.1 Sutherland Global Services Basic Information
3.18.2 Product and Service Analysis
3.18.3 Strategies for Company to Deal with the Impact of COVID-19
3.18.4 Sutherland Global Services Sales, Value, Price, Gross Margin 2016-2021
3.19 OpenConnect Systems Inc. Market Performance Analysis
3.19.1 OpenConnect Systems Inc. Basic Information
3.19.2 Product and Service Analysis
3.19.3 Strategies for Company to Deal with the Impact of COVID-19
3.19.4 OpenConnect Systems Inc. Sales, Value, Price, Gross Margin 2016-2021
3.20 Fuji Xerox Market Performance Analysis
3.20.1 Fuji Xerox Basic Information
3.20.2 Product and Service Analysis
3.20.3 Strategies for Company to Deal with the Impact of COVID-19
3.20.4 Fuji Xerox Sales, Value, Price, Gross Margin 2016-2021
3.21 NTT Advanced Technology Corporation Market Performance Analysis
3.21.1 NTT Advanced Technology Corporation Basic Information
3.21.2 Product and Service Analysis
3.21.3 Strategies for Company to Deal with the Impact of COVID-19
3.21.4 NTT Advanced Technology Corporation Sales, Value, Price, Gross Margin 2016-2021

4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Robotic Process Automation (RPA) Production and Value by Type
4.1.1 Global Robotic Process Automation (RPA) Production by Type 2016-2021
4.1.2 Global Robotic Process Automation (RPA) Market Value by Type 2016-2021
4.2 Global Robotic Process Automation (RPA) Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Professional Services Market Production, Value and Growth Rate
4.2.2 Training Services Market Production, Value and Growth Rate
4.3 Global Robotic Process Automation (RPA) Production and Value Forecast by Type
4.3.1 Global Robotic Process Automation (RPA) Production Forecast by Type 2021-2026
4.3.2 Global Robotic Process Automation (RPA) Market Value Forecast by Type 2021-2026
4.4 Global Robotic Process Automation (RPA) Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Professional Services Market Production, Value and Growth Rate Forecast
4.4.2 Training Services Market Production, Value and Growth Rate Forecast

5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Robotic Process Automation (RPA) Consumption and Value by Application
5.1.1 Global Robotic Process Automation (RPA) Consumption by Application 2016-2021
5.1.2 Global Robotic Process Automation (RPA) Market Value by Application 2016-2021
5.2 Global Robotic Process Automation (RPA) Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 BFSI Market Consumption, Value and Growth Rate
5.2.2 Telecom/IT Market Consumption, Value and Growth Rate
5.2.3 Healthcare Market Consumption, Value and Growth Rate
5.2.4 Retail Market Consumption, Value and Growth Rate
5.2.5 Manufacturing Market Consumption, Value and Growth Rate
5.2.6 Others Market Consumption, Value and Growth Rate
5.3 Global Robotic Process Automation (RPA) Consumption and Value Forecast by Application
5.3.1 Global Robotic Process Automation (RPA) Consumption Forecast by Application 2021-2026
5.3.2 Global Robotic Process Automation (RPA) Market Value Forecast by Application 2021-2026
5.4 Global Robotic Process Automation (RPA) Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 BFSI Market Consumption, Value and Growth Rate Forecast
5.4.2 Telecom/IT Market Consumption, Value and Growth Rate Forecast
5.4.3 Healthcare Market Consumption, Value and Growth Rate Forecast
5.4.4 Retail Market Consumption, Value and Growth Rate Forecast
5.4.5 Manufacturing Market Consumption, Value and Growth Rate Forecast
5.4.6 Others Market Consumption, Value and Growth Rate Forecast

6 Global Robotic Process Automation (RPA) by Region, Historical Data and Market Forecasts
6.1 Global Robotic Process Automation (RPA) Sales by Region 2016-2021
6.2 Global Robotic Process Automation (RPA) Market Value by Region 2016-2021
6.3 Global Robotic Process Automation (RPA) Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Robotic Process Automation (RPA) Sales Forecast by Region 2021-2026
6.5 Global Robotic Process Automation (RPA) Market Value Forecast by Region 2021-2026
6.6 Global Robotic Process Automation (RPA) Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa

7 United State Market Size Analysis 2016-2026
7.1 United State Robotic Process Automation (RPA) Value and Market Growth 2016-2021
7.2 United State Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
7.3 United State Robotic Process Automation (RPA) Market Value Forecast 2021-2026

8 Canada Market Size Analysis 2016-2026
8.1 Canada Robotic Process Automation (RPA) Value and Market Growth 2016-2021
8.2 Canada Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
8.3 Canada Robotic Process Automation (RPA) Market Value Forecast 2021-2026

9 Germany Market Size Analysis 2016-2026
9.1 Germany Robotic Process Automation (RPA) Value and Market Growth 2016-2021
9.2 Germany Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
9.3 Germany Robotic Process Automation (RPA) Market Value Forecast 2021-2026

10 UK Market Size Analysis 2016-2026
10.1 UK Robotic Process Automation (RPA) Value and Market Growth 2016-2021
10.2 UK Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
10.3 UK Robotic Process Automation (RPA) Market Value Forecast 2021-2026

11 France Market Size Analysis 2016-2026
11.1 France Robotic Process Automation (RPA) Value and Market Growth 2016-2021
11.2 France Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
11.3 France Robotic Process Automation (RPA) Market Value Forecast 2021-2026

12 Italy Market Size Analysis 2016-2026
12.1 Italy Robotic Process Automation (RPA) Value and Market Growth 2016-2021
12.2 Italy Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
12.3 Italy Robotic Process Automation (RPA) Market Value Forecast 2021-2026

13 Spain Market Size Analysis 2016-2026
13.1 Spain Robotic Process Automation (RPA) Value and Market Growth 2016-2021
13.2 Spain Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
13.3 Spain Robotic Process Automation (RPA) Market Value Forecast 2021-2026

14 Russia Market Size Analysis 2016-2026
14.1 Russia Robotic Process Automation (RPA) Value and Market Growth 2016-2021
14.2 Russia Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
14.3 Russia Robotic Process Automation (RPA) Market Value Forecast 2021-2026

15 China Market Size Analysis 2016-2026
15.1 China Robotic Process Automation (RPA) Value and Market Growth 2016-2021
15.2 China Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
15.3 China Robotic Process Automation (RPA) Market Value Forecast 2021-2026

16 Japan Market Size Analysis 2016-2026
16.1 Japan Robotic Process Automation (RPA) Value and Market Growth 2016-2021
16.2 Japan Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
16.3 Japan Robotic Process Automation (RPA) Market Value Forecast 2021-2026

17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Robotic Process Automation (RPA) Value and Market Growth 2016-2021
17.2 South Korea Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
17.3 South Korea Robotic Process Automation (RPA) Market Value Forecast 2021-2026

18 Australia Market Size Analysis 2016-2026
18.1 Australia Robotic Process Automation (RPA) Value and Market Growth 2016-2021
18.2 Australia Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
18.3 Australia Robotic Process Automation (RPA) Market Value Forecast 2021-2026

19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Robotic Process Automation (RPA) Value and Market Growth 2016-2021
19.2 Thailand Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
19.3 Thailand Robotic Process Automation (RPA) Market Value Forecast 2021-2026

20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Robotic Process Automation (RPA) Value and Market Growth 2016-2021
20.2 Brazil Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
20.3 Brazil Robotic Process Automation (RPA) Market Value Forecast 2021-2026

21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Robotic Process Automation (RPA) Value and Market Growth 2016-2021
21.2 Argentina Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
21.3 Argentina Robotic Process Automation (RPA) Market Value Forecast 2021-2026

22 Chile Market Size Analysis 2016-2026
22.1 Chile Robotic Process Automation (RPA) Value and Market Growth 2016-2021
22.2 Chile Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
22.3 Chile Robotic Process Automation (RPA) Market Value Forecast 2021-2026

23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Robotic Process Automation (RPA) Value and Market Growth 2016-2021
23.2 South Africa Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
23.3 South Africa Robotic Process Automation (RPA) Market Value Forecast 2021-2026

24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Robotic Process Automation (RPA) Value and Market Growth 2016-2021
24.2 Egypt Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
24.3 Egypt Robotic Process Automation (RPA) Market Value Forecast 2021-2026

25 UAE Market Size Analysis 2016-2026
25.1 UAE Robotic Process Automation (RPA) Value and Market Growth 2016-2021
25.2 UAE Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
25.3 UAE Robotic Process Automation (RPA) Market Value Forecast 2021-2026

26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Robotic Process Automation (RPA) Value and Market Growth 2016-2021
26.2 Saudi Arabia Robotic Process Automation (RPA) Sales and Market Growth 2016-2021
26.3 Saudi Arabia Robotic Process Automation (RPA) Market Value Forecast 2021-2026

27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market

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One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

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The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.


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