The global AI in RPA market is projected to reach USD 11.8 billion by 2033, with a CAGR of 32.5%. The market was valued at USD 3.3 billion in 2023. The growth is driven by the increasing demand for automation in various industries to improve efficiency and reduce costs. Challenges include high initial investments and a shortage of skilled professionals. However, opportunities exist in digital transformation and cost savings. Emerging trends in the market include hyperautomation, cloud-based solutions, and industry-specific applications. Key players in the market include Automation Anywhere, Blue Prism, and UiPath. Despite challenges, the AI in RPA market offers organizations the chance to enhance operational efficiency and gain a competitive edge through automation.
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Source link: https://medium.com/@pramod_50244/ai-in-rpa-market-pioneering-automation-excellence-26c055533cc2?source=rss——ai-5
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