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Service Delivery Automation Market Size And Forecast
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Service Delivery Automation Market size was valued at USD 5.12 Billion in 2021 and is projected to reach USD 11.21 Billion by 2030, growing at a CAGR of 26.43% from 2023 to 2030.
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The major factors which are expected to drive the growth of the Service Delivery Automation Market during the forecast period are an upsurge in the incidence of neurological illnesses including stroke, epilepsy, Parkinson’s disease, neuro-infections, and traumatic injuries, and increasing prevalence of road accidents and fall injuries. The Global Service Delivery Automation Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global Service Delivery Automation Market Definition
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Service delivery automation (SDA) is an umbrella word for a series of human actions that are automated by technologies in IT or business processes. SDA needs the coordination of multiple processes to produce an end result that optimizes session initiation protocol, and client-server architectures, offering supreme enterprise application integration within several industry verticals. Service delivery automation (SDA) has the capability to be equivalent to legacy technologies with automated technologies which can minimize disruption and simplify the different business cases. The industries, such as Healthcare, Hospitality, Retail, and Logistics are embracing automation.
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With the growing deployment of several software-as-a-service platforms across numerous enterprises to achieve cost-saving features, the Service Delivery Automation Market is expected to witness a considerable boom over the forecast period. Moreover, it produces a considerable amount of rich and important data, which combines to enable quicker and smarter decision-making, from optimizing present operations and processes to foreseeing the optimum places, times, and ways to offer new services and goods.
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Global Service Delivery Automation Market Overview
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The Service Delivery Automation Market is projected to grow, due to the growing adoption of a digital workforce and increasing functional advantages of automation services for business process automation across numerous end-user industries. As per the World Robotics Report by the IFR (International Federation of Robotics), global industrial robots’ sales were projected to increase by 14 % each year on average from 2019 – 2021. The need for automation has increased considerably as industries have developed so as to make processes quicker and offer quality services within serious time limitations.
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The market will enlarge due to the developments in artificial intelligence as enhanced and new technologies are integrated into numerous service delivery automation categories. However, the initial cost needed for the integration and setup of service delivery automation is high, which restricts its use in some small and medium organizations. Businesses with high labor costs are more probable to use process and service automation to decrease their labor costs and provide high-quality products and services.
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Also, the primary factors accountable for the development of automation is the smart process automation, IoT and big data, increment in service automation tools’ adoption, and integration with other tools. Several jobs can be generated by service, which is also anticipated to boost the demand for skilled workers in several industries. Service automation is the digital workforce of Machine Learning and Artificial Intelligence. Using these intelligent technologies, business pioneers and innovation leaders can provide the best frameworks for everything from finance to staffing and development to production.
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Global Service Delivery Automation Market: Segmentation Analysis
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The Global Service Delivery Automation Market is Segmented on the basis of Type, End-User, And Geography.
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Service Delivery Automation Market, By Type
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- Business Process Automation
- IT Process Automation
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Based on Type, The market is bifurcated into Business Process Automation and IT Process Automation. The IT Process Automation segment dominated the market for Service Delivery Automation in 2021. IT Process Automation is utilized to replace repetitive manual tasks, workflows, and processes with automated solutions. It is the automation of IT services, administration, and support into workflows so as to avoid the cost and time involved in physically managing them. The different components include services and software and involve several user types, such as small and medium enterprises as well as large enterprises. The several industry verticals include healthcare, BFSI, travel, hospitality and leisure, transport and logistics, manufacturing, IT and telecom, retail, and others.
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Service Delivery Automation Market, By End-User
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- Healthcare
- BFSI
- Travel & Hospitality
- IT & Telecommunication
- Transport & Logistic
- Retail
- Others
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Based on End-User, The market is bifurcated into Healthcare, BFSI, Travel & Hospitality, IT & Telecommunication, Transport & Logistic, Retail, and Others. Among these, Retail holds a prominent market share in 2021. With the estimated delivery times going down and the number of orders surging, automating the retail process may lead to decreased costs as well as the improved speed of handling orders. As per the latest survey by IBM, 79% of consumer products and 85% of retail companies plan to be utilizing intelligent automation for supply chain planning by 2021.
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Service Delivery Automation Market, By Geography
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- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Based on Regional Analysis, the Global Service Delivery Automation Market is classified into North America, Europe, Asia Pacific, Latin America, the Middle East and Africa. The Asia Pacific region has the greatest market share and is expected to grow at the highest CAGR over the forecast period. The Asia-Pacific manufacturing segment is presently facing the shift toward Industry 4.0 and the increase in adoption of digital technologies which is analyzed to bring important growth in the adoption of Service Delivery Automation, additionally driving its market development. For instance, as per the NDRC (National Development and Reform Commission), China’s investment in the advanced manufacturing industry developed from January 2020 to August 2020. Moreover, the growing digitalization of offering an extensive range of services tends to boost the development of the Service Delivery Automation Market in Asia-Pacific during the forecast period.
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Key Players
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The “Global Service Delivery Automation Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are International Business Machines Corporation, Xerox Corporation, Blue Prism Group PLC, Automation Anywhere Inc., CA Technologies, Celaton Ltd., Exilant Technologies Pvt. Ltd., IPsoft Inc., Openspan Pvt. Ltd., Sutherland Global Services Inc., Arago Technology Ltd., and Accenture Inc.
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Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
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Key Developments
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- In November 2021, Everbridge, Inc., the global leader in critical event management (CEM) launched its new Digital Operations Platform, helping organizations to save time and money, deliver continuous service uptime, and maintain revenue streams. The new platform extends Everbridge’s market-leading CEM for Digital solutions to further support customers’ digital transformation efforts.
- In November 2020, CMS IT Services launched its first-of-the-kind shared service delivery model for Intelligent Automation, powered by Automation Anywhere with the aim of making IT automation affordable for organizations of all sizes. Remote Automation Centre for Enterprises (RACE) delivers the full power of AI-augmented robotic process automation technology amplified by the flexibility, scalability, and support that empowers customers to start small, capture value, and scale at their own pace with no risk.
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Ace Matrix Analysis
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The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
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Market Attractiveness
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The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Service Delivery Automation Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
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Porter’s Five Forces
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The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in Global Service Delivery Automation Market gauge the attractiveness of a certain sector, and assess investment possibilities.
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Report Scope
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| Report Attributes | Details |
|---|---|
| Study Period |
2018-2030 _x000D_ |
| Base Year |
2021 _x000D_ |
| Forecast Period |
2023-2030 _x000D_ |
| Historical Period |
2018-2020 _x000D_ |
| Unit |
Value (USD Billion) _x000D_ |
| Key Companies Profiled |
International Business Machines Corporation, Xerox Corporation, Blue Prism Group PLC, Automation Anywhere Inc., CA Technologies, Celaton Ltd., Exilant Technologies Pvt. Ltd. _x000D_ |
| Segments Covered |
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| Customization scope |
Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope _x000D_ |
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