Blue Prism Technology Services Market
Blue Prism Technology Services Market Analysis Report By Services (Advisory Services, Training Services, Maintenance & Support Services, Implementation Services), By Enterprise Size (SMBs, Large Enterprises), By Industry (IT & Telecom, BFSI), By Region - Global Insights 2022 to 2032
Analysis of Blue Prism Technology Services market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Blue Prism Technology Services Market Outlook
The global blue prism technology services market is estimated at USD 362 Million in 2022 and is projected to reach USD 7,688 Million by 2032, growing at an exciting CAGR of 35.7% from 2022 to 2032.
| Report Attributes | Details |
|---|---|
| Market size value in 2021A | USD 256 Million |
| Market estimated value in 2022E | USD 362 Million |
| Market forecast value in 2032F | USD 7,688 Million |
| Global Growth Rate (2022 to 2032) | CAGR 35.7% |
| North America Market Size in 2022 | USD 117 Million |
| North America Growth Rate (2022 to 2032) | CAGR 37.8% |
| Top 5 Companies Market Share in 2022 | ~34% |
| Key Companies Profiled | Blue Prism Group Plc.; Accenture Plc.; Deloitte Touche Tohmatsu Limited; Ernst & Young LLP; Avanade Inc.; Agilify Automation; Virtual Operations Ltd.; Neoops Inc., Dirwa; Quanton Limited. |
Fact.MR estimates that global blue prism technology services accounts around ~20% of global robotic process automation market due to its improved automation and management technology. Consumers in search of hybrid robotic process automation technology are tend to find a right place for blue prism technology in their respective back-office processes.
Blue Prism’s development in a consistent manner over past half decade lead to its ecosystem expansion. This expansion then resulted in continued product differentiation along with new features acquisition that drives its demand among new users on the platform.
Along with continuous integrations of artificial intelligence (AI) and cognitive technologies into blue prism service, upgraded RPA solutions grabbed maximum customer base. Moreover, availability of pool of next-generation RPA solutions boosted the implementation rate of this technology across the globe.
Leading players in the blue prism technology services market collaborated with various vendors available in this hub. It escalated the demand of advanced RPA solutions, accelerated its overall business and swelled its global scale.
In accordance to technology implementation of blue prism, out of the prominent end use industries for blue prism technology services (IT & Telecom, Healthcare & Life Sciences, BFSI, Travel, Transportation and Logistics, Utility & Energy), BFSI (Banking & Financial Services Intelligence) is set to secure maximum market share ~23.5% by 2032 end.
The demand of blue prism to fight financial crime in financial service companies which include ‘Know Your Customer’ (KYC) is anticipated to multiply by 3.5X during assessment period of 2022 to 2032. Moreover, increased rate of digital transformation for ensuring financial stability in numerous business running across the globe acts as driver for demand of blue prism components.
Runtime environments for large number of small to large scale business require some specific management tool to optimize its workforce and enhance profit margin. Therefore, RPA tools and vendors provides a pool of programmed libraries which reduce human intervention and provides features such as data security, data analytics, data abstraction and data management in reformed manner. In contrast to what may appear from its name, robotic process automation contain real robots performing automated tasks. Rather, they work on set of programs encoded in the software.
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Report Scope
Blue prism technology services platform research performed by Fact.MR delves on key insights such as current and speculative market approach, technical facilities offered by each blue prism vendor, current and speculative implementation rate, business optimization strategy across various running business, and techno-economic analysis by considering overall scenario of global robotic process automation market, global AI (Artificial Intelligence) industry, global RPA Tools market, global data security and data abstraction market, global cloud support industry, global blue prism components market and many more.
Historical Analysis Vs. Future Projections for Blue Prism Technology Services Market
According to Fact.MR, growth rate for blue prism technology services market was noted about 31.2% during past decade. Considering technicalities related to this service market, features of blue prism offered in historical period included only data management and security along with non-scalable cloud support. Whereas, with continuous upgradation accompanied by RPA blue prism providers, they started including secure & accurate encoded program, scalable cloud support, and data analytics (security, management & abstraction) to their clients.
In past half-decade, demand of an automated clerical back-office processing software got swelled up due to increase in the number of start-ups, merchandising, warehouse businesses, many similar fields. With strengthening occurred in these businesses, trend of ‘Digital Workforce’ gained traction due to incurred facilities such as improved business accuracy, cost-effective business operations and repetitive rule-based work processes.
Secondly, four main components of blue prism technology which includes (process diagram process studio, object studio, & application modeller) proved to be a virtual robotic process automation trainer for clients being thoughtful to procure this technology.
Attributed to the forecast analysis, specific requirement of execution intelligence on dynamic data present in multiple environments will account itself as best revenue generating opportunity in upcoming future. In similar context, blue prism technology suitable for various programing platforms and being able to represent enormous data as flow charts attracts more customers. Ergo, user friendly visual business objects provided in this advanced management technology uplifts its global presence and scale the present market value by 21X during forecast period of 2022 to 2032.
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Country-wise Analysis
How UK blue prism technology service market players leads this business from front?
Blue Prism Group Plc, a UK based blue prism technology service provider, collaborated with market leaders such as Accenture Plc., Deloitte Touche Tohmatsu Limited, and Avanade Inc., to introduce cutting-edge RPA tools by implementing blue prism technology services.
Amidst the emergence of several new competitive technologies in the RPA market, adoption rate of the blue prism technology started gaining rise. As per trend captured by this market in past half decade, several mergers and contracts were established between blue prism service providers and medium-scale merchandise running in American and European countries. Therefore, the hub of experienced blue prism technology providers located in UK started gaining revenue generating opportunities through business running around the globe.
Category-wise Analysis
How Blue Prism Technology in BFSI Projected to Grab Maximum Share in Market?
Analysing the present trend for this market helps to comprehend why banking & financial services organizations looking to implement blue prism as their integrated part. Considering the need to manage compliance by a bank, it need a specific technology that could help it in limiting regulatory fines and decrease the probability of reputational damage. Therefore, most number of contracts are expected to be established in upcoming decade from the banking sector. Not only private banks, but public financial services are also showing curiosity in understanding benefits of this technology.
Every banking sector working with a target to cop up with existing and upcoming competition needs to provide seamless, personalized and digitally operated interface for its customers. Moreover, hike in demand raised by bank’s clients for extra financial facility is set to provide a gain of 1,245 BPS by generating ~23.5% of overall market valuation for blue prism by 2032 end.
How Blue Prism Technology capable of solving business challenges for SMBs (Small & Midsize Business)?
Considering the two foremost enterprise size interested in blue prism technology (SMBS & Large Enterprise), SMBs that is small and midsize businesses running in various emerging countries in Europe and Asian countries are supposed to generate around ~72% of overall revenue from this technology implementation.
Accounting to the fact that the small and medium scaled business are always under possibility of facing business frauds. Demand of such advanced automated technology which contain facilities like ‘fraud detection’ and ‘AML’ is likely to surpass valuation of USD 5.5 Billion by fourth quarter of 2032.
In addition, availability of features such as advanced cybersecurity, faster cash cycles, compliance monitoring system and due diligence checking turns out of be highly customized business tool for aforementioned business groups. Blue prism technology service market in SMBs is projected to grow with a stupendous CAGR of 38.7% during forecast period from 2022 to 2032.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competition landscape: Top Companies of Blue Prism Technology Services Market
Market players in blue prism technology services business have mainly opted for growth oriented strategies which includes implementation rate of automation technology. In addition, collaborations, mergers, digital promotion and continuous technical advancements in the aforementioned technology hits the top position in their priority list. These strategies are helping the global players to expand their regional footprint and garner maximum market share by providing highly advanced and secured technical.
Fact.MR has provided detailed information about price points of top service providers of blue prism technology services positioned across regions, implementation growth, and speculative technological growth in the recently published report.
- Blue Prism, a robotic process automation market pioneer has been sold for value around USD 1.5 Billion to Vista Equity Partners in 2021 September which is set to fold itself into Tibco, its already acquired firm.
- Accenture sold its highly advanced business automation software in 2019 which cut around 40,000 internal roles.
Similar, recent developments related to companies offering in blue prism technology services have been tracked by the team at Fact.MR, which are available in the full report.
Big Data Analytics in Health Care Market Key Segments
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By Services, Global Blue Prism Technology Services Market is segmented as:
- Advisory Services
- Training Services
- Maintenance & Support Services
- Implementation Services
-
By Enterprise Size, Global Blue Prism Technology Services Market is segmented as:
- SMBs
- Large Enterprises
-
By Industry, Global Blue Prism Technology Services Market is segmented as:
- IT & Telecom
- Healthcare & Life Sciences
- BFSI
- Travel, Transportation and Logistics
- Utilities & Energy
- Other
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data Points
- 4. Key Success Factors
- 5. Key Trends Impacting the Market
- 6. Global Market Value Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Services
- 7.1. Advisory Services
- 7.2. Training Services
- 7.3. Maintenance & Support Services
- 7.4. Implementation Services
- 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Enterprise Size
- 8.1. SMBs
- 8.2. Large Enterprises
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Industry
- 9.1. Access Clinical Information
- 9.2. IT & Telecom
- 9.3. Healthcare & Life Sciences
- 9.4. BFSI
- 9.5. Travel, Transportation and Logistics
- 9.6. Utilities & Energy
- 9.7. Other
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia & Oceania
- 10.6. Middle East and Africa (MEA)
- 11. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 12. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 13. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 14. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 15. South Asia & Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 16. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 17. Key Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. Blue Prism Group Plc.
- 19.2. Accenture Plc.
- 19.3. Deloitte Touche Tohmatsu Limited
- 19.4. Ernst & Young LLP
- 19.5. Avanade Inc.
- 19.6. Agilify Automation
- 19.7. Virtual Operations Ltd.
- 19.8. Neoops Inc.
- 19.9. Dirwa
- 19.10. Quanton Limited.
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List Of Table
Table No. 1. Global Market Value (USD Million) Analysis, By Enterprise Size, 2017 to 2021
Table No. 2. Global Market Value (USD Million) Analysis, By Enterprise Size, 2022 to 2032
Table No. 3. Global Market Value (USD Million) Analysis, By Services, 2017 to 2021
Table No. 4. Global Market Value (USD Million) Analysis, By Services, 2022 to 2032
Table No. 5. Global Market Value (USD Million) Analysis, By Industry, 2017 to 2021
Table No. 6. Global Market Value (USD Million) Analysis, By Industry, 2022 to 2032
Table No. 7. Global Value (USD Million) Analysis, By Region, 2017 to 2021
Table No. 8. Global Market Value (USD Million) Analysis, By Region, 2022 to 2032
Table No. 9. North America Market Value (USD Million) Analysis, By Enterprise Size, 2017 to 2021
Table No. 10. North America Market Value (USD Million) Analysis, By Enterprise Size, 2022 to 2032
Table No. 11. North America Market Value (USD Million) Analysis, By Services, 2017 to 2021
Table No. 12. North America Market Value (USD Million) Analysis, By Services, 2022 to 2032
Table No. 13. North America Market Value (USD Million) Analysis, By Industry, 2017 to 2021
Table No. 14. North America Market Value (USD Million) Analysis, By Industry, 2022 to 2032
Table No. 15. North America Value (USD Million) Analysis, By Country, 2017 to 2021
Table No. 16. North America Market Value (USD Million) Analysis, By Country, 2022 to 2032
Table No. 17. Latin America Market Value (USD Million) Analysis, By Enterprise Size, 2017 to 2021
Table No. 18. Latin America Market Value (USD Million) Analysis, By Enterprise Size, 2022 to 2032
Table No. 19. Latin America Market Value (USD Million) Analysis, By Services, 2017 to 2021
Table No. 20. Latin America Market Value (USD Million) Analysis, By Services, 2022 to 2032
Table No. 21. Latin America Market Value (USD Million) Analysis, By Industry, 2017 to 2021
Table No. 22. Latin America Market Value (USD Million) Analysis, By Industry, 2022 to 2032
Table No. 23. Latin America Value (USD Million) Analysis, By Country, 2017 to 2021
Table No. 24. Latin America Market Value (USD Million) Analysis, By Country, 2022 to 2032
Table No. 25. Europe Market Value (USD Million) Analysis, By Enterprise Size, 2017 to 2021
Table No. 26. Europe Market Value (USD Million) Analysis, By Enterprise Size, 2022 to 2032
Table No. 27. Europe Market Value (USD Million) Analysis, By Services, 2017 to 2021
Table No. 28. Europe Market Value (USD Million) Analysis, By Services, 2022 to 2032
Table No. 29. Europe Market Value (USD Million) Analysis, By Industry, 2017 to 2021
Table No. 30. Europe Market Value (USD Million) Analysis, By Industry, 2022 to 2032
Table No. 31. Europe Value (USD Million) Analysis, By Country, 2017 to 2021
Table No. 32. Europe Market Value (USD Million) Analysis, By Country, 2022 to 2032
Table No. 33. East Asia Market Value (USD Million) Analysis, By Enterprise Size, 2017 to 2021
Table No. 34. East Asia Market Value (USD Million) Analysis, By Enterprise Size, 2022 to 2032
Table No. 35. East Asia Market Value (USD Million) Analysis, By Services, 2017 to 2021
Table No. 36. East Asia Market Value (USD Million) Analysis, By Services, 2022 to 2032
Table No. 37. East Asia Market Value (USD Million) Analysis, By Industry, 2017 to 2021
Table No. 38. East Asia Market Value (USD Million) Analysis, By Industry, 2022 to 2032
Table No. 39. East Asia Value (USD Million) Analysis, By Country, 2017 to 2021
Table No. 40. East Asia Market Value (USD Million) Analysis, By Country, 2022 to 2032
Table No. 41. South Asia & Oceania Market Value (USD Million) Analysis, By Enterprise Size, 2017 to 2021
Table No. 42. South Asia & Oceania Market Value (USD Million) Analysis, By Enterprise Size, 2022 to 2032
Table No. 43. South Asia & Oceania Market Value (USD Million) Analysis, By Services, 2017 to 2021
Table No. 44. South Asia & Oceania Market Value (USD Million) Analysis, By Services, 2022 to 2032
Table No. 45. South Asia & Oceania Market Value (USD Million) Analysis, By Industry, 2017 to 2021
Table No. 46. South Asia & Oceania Market Value (USD Million) Analysis, By Industry, 2022 to 2032
Table No. 47. South Asia & Oceania Value (USD Million) Analysis, By Country, 2017 to 2021
Table No. 48. South Asia & Oceania Market Value (USD Million) Analysis, By Country, 2022 to 2032
Table No. 49. MEA Market Value (USD Million) Analysis, By Enterprise Size, 2017 to 2021
Table No. 50. MEA Market Value (USD Million) Analysis, By Enterprise Size, 2022 to 2032
Table No. 51. MEA Market Value (USD Million) Analysis, By Services, 2017 to 2021
Table No. 52. MEA Market Value (USD Million) Analysis, By Services, 2022 to 2032
Table No. 53. MEA Market Value (USD Million) Analysis, By Industry, 2017 to 2021
Table No. 54. MEA Market Value (USD Million) Analysis, By Industry, 2022 to 2032
Table No. 55. MEA Value (USD Million) Analysis, By Country, 2017 to 2021
Table No. 56. MEA Market Value (USD Million) Analysis, By Country, 2022 to 2032
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List Of Figures
Figure No. 1: Global Market, Value Size and Forecast, By Services, USD Million, 2022 to 2032
Figure No. 2: Global Market, Incremental Opportunity, By Services, USD Million, 2022 to 2032
Figure No. 3: Global Market, Value Size and Forecast, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 4: Global Market, Incremental Opportunity, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 5: Global Market, Value Size and Forecast, By Industry, USD Million, 2022 to 2032
Figure No. 6: Global Market, Incremental Opportunity, By Industry, USD Million, 2022 to 2032
Figure No. 7: Global Market, Value Size and Forecast, By Region, USD Million, 2022 to 2032
Figure No. 8: Global Market, Incremental Opportunity, By Region, USD Million, 2022 to 2032
Figure No. 9: North America Market, Value Size and Forecast, By Services, USD Million, 2022 to 2032
Figure No. 10: North America Market, Incremental Opportunity, By Services, USD Million, 2022 to 2032
Figure No. 11: North America Market, Value Size and Forecast, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 12: North America Market, Incremental Opportunity, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 13: North America Market, Value Size and Forecast, By Industry, USD Million, 2022 to 2032
Figure No. 14: North America Market, Incremental Opportunity, By Industry, USD Million, 2022 to 2032
Figure No. 15: North America Market, Value Size and Forecast, By Country, USD Million, 2022 to 2032
Figure No. 16: North America Market, Incremental Opportunity, By Country, USD Million, 2022 to 2032
Figure No. 17: Latin America Market, Value Size and Forecast, By Services, USD Million, 2022 to 2032
Figure No. 18: Latin America. Market, Incremental Opportunity, By Services, USD Million, 2022 to 2032
Figure No. 19: Latin America Market, Value Size and Forecast, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 20: Latin America Market, Incremental Opportunity, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 21: Latin America Market, Value Size and Forecast, By Industry, USD Million, 2022 to 2032
Figure No. 22: Latin America Market, Incremental Opportunity, By Industry, USD Million, 2022 to 2032
Figure No. 23: Europe Market, Value Size and Forecast, By Services, USD Million, 2022 to 2032
Figure No. 24: Europe Market, Incremental Opportunity, By Services, USD Million, 2022 to 2032
Figure No. 25: Europe Market, Value Size and Forecast, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 26: Europe Market, Incremental Opportunity, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 27: Europe Market, Value Size and Forecast, By Industry, USD Million, 2022 to 2032
Figure No. 28: Europe Market, Incremental Opportunity, By Industry, USD Million, 2022 to 2032
Figure No. 29: Europe Market, Value Size and Forecast, By Country, USD Million, 2022 to 2032
Figure No. 30: Europe Market, Incremental Opportunity, By Country, USD Million, 2022 to 2032
Figure No. 31: East Asia Market, Value Size and Forecast, By Services, USD Million, 2022 to 2032
Figure No. 32: East Asia Market, Incremental Opportunity, By Services, USD Million, 2022 to 2032
Figure No. 33: East Asia Market, Value Size and Forecast, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 34: East Asia Market, Incremental Opportunity, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 35: East Asia Market, Value Size and Forecast, By Industry, USD Million, 2022 to 2032
Figure No. 36: East Asia Market, Incremental Opportunity, By Industry, USD Million, 2022 to 2032
Figure No. 37: East Asia Market, Value Size and Forecast, By Country, USD Million, 2022 to 2032
Figure No. 38: East Asia Market, Incremental Opportunity, By Country, USD Million, 2022 to 2032
Figure No. 39: South Asia & Oceania Market, Value Size and Forecast, By Services, USD Million, 2022 to 2032
Figure No. 40: South Asia & Oceania Market, Incremental Opportunity, By Services, USD Million, 2022 to 2032
Figure No. 41: South Asia & Oceania Market, Value Size and Forecast, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 42: South Asia & Oceania Market, Incremental Opportunity, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 43: South Asia & Oceania
Figure No. 44: South Asia & Oceania Market, Value Size and Forecast, By Industry, USD Million, 2022 to 2032
Figure No. 45: South Asia & Oceania Market, Incremental Opportunity, By Industry, USD Million, 2022 to 2032
Figure No. 46: South Asia & Oceania Market, Value Size and Forecast, By Country, USD Million, 2022 to 2032
Figure No. 47: South Asia & Oceania Market, Incremental Opportunity, By Country, USD Million, 2022 to 2032
Figure No. 48: MEA Market, Value Size and Forecast, By Services, USD Million, 2022 to 2032
Figure No. 49: MEA Market, Incremental Opportunity, By Services, USD Million, 2022 to 2032
Figure No. 50: MEA Market, Value Size and Forecast, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 51: MEA Market, Incremental Opportunity, By Enterprise Size, USD Million, 2022 to 2032
Figure No. 52: MEA Market, Value Size and Forecast, By Industry, USD Million, 2022 to 2032
Figure No. 53: MEA Market, Incremental Opportunity, By Industry, USD Million, 2022 to 2032
Figure No. 54: MEA Market, Value Size and Forecast, By Country, USD Million, 2022 to 2032
Figure No. 55: MEA Market, Incremental Opportunity, By Country, USD Million, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the current worth of Blue Prism Technology Services market?
Global value of blue prism technology services market in 2022 is expected to reach around USD 362 Million.
What will be the forecast valuation of Blue Prism Technology Services market by 2032 end?
Global value of blue prism technology services market in 2032 is forecast to surpass USD 7,688 Million.
At what CAGR is Blue Prism Technology Services market poised to grow?
Blue Prism Technology Services is expected to grow at a stupendous CAGR of around 35.7% during the period 2022-2032.
What will be the performance of blue prism technology service in banking & financial services intelligence (BFSI) in upcoming half decade?
Blue prism in BFSI is set to grow with exciting CAGR of around 32.6% during upcoming half decade.
What is the share of top-5 companies associated with blue prism technology services market?
Top-5 companies hold around 34% of the market share.
Which are the major countries driving the demand Blue Prism Technology Services?
U.S., Germany, China, and U.K. are the major countries driving the demand for AS/GS systems market.
What outlook does North America provides in blue prism technology market?
North America is estimated to hold around 32.3% of the global blue prism technology market by 2022 end.
Blue Prism Technology Services Market