{"id":4541,"date":"2022-06-17T12:18:08","date_gmt":"2022-06-17T12:18:08","guid":{"rendered":"https:\/\/localhost\/svam-allinone\/?p=4541"},"modified":"2023-08-25T11:03:09","modified_gmt":"2023-08-25T11:03:09","slug":"why-rpa-will-dominate-in-2022-and-continue-to-grow-exponentially","status":"publish","type":"post","link":"https:\/\/svam.com\/blogs\/why-rpa-will-dominate-in-2022-and-continue-to-grow-exponentially\/","title":{"rendered":"Why RPA Will Dominate in 2022 and Continue to Grow Exponentially"},"content":{"rendered":"The Covid-19 crisis made businesses realize how essential automation is for business and agility. The Covid situation challenged the inefficiencies of the traditional business models that rely on manual operations. The global robotic process automation (RPA) market is expected to grow more than 13 billion U.S dollars by 2030 (Source: Statista). Robotic process automation (RPA) is enabling businesses across the world to reduce costs, improve operational efficiency, provide\r\n\r\ncustomer satisfaction, and more.\r\n\r\nRobotic process automation has witnessed exponential growth over the past two years. The latest market trends show that RPA will dominate in 2022 and continue to do so in the coming years. According to Gartner\u2019s prediction<\/a>, 90% of the prominent organizations globally will adopt RPA in some form by 2022 for scaling up their businesses. RPA will play a key role in improving the process quality, speed, productivity, etc., in companies.\r\n\r\nHere are a few Robotic Process Automation trends and predictions in 2022<\/strong>\r\n\r\nOne of the main reasons for deploying robotic process automation technology is, it reduces time, effort, and cost to execute time-consuming and repetitive tasks. With robotic process automation (RPA), businesses can save time and generate higher ROI. Moreover, RPA can also safeguard businesses from future crises like the Covid-19 pandemic.\r\n\r\nBecause of Robotic Process Automation, there is a massive digital transformation in HR, banking services, financial services, and many more businesses. RPA is one of the rapidly-growing technologies in the world. According to Grandview Research<\/a>, the service sector accounted for the highest share of 61% and it is expected to grow at the highest CAGR from 2021 to 2028. Let\u2019s look at the trends and predictions for RPA in 2022.\r\n