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Cognitive Robotic Process Automation Market Research Report

The industries are transforming their business models by automating repetitive operational processes. Automation has been developed to help the firms for optimizing their business operations in order to increase efficiency as well as reducing costs.

The industries are transforming their business models by automating repetitive operational processes. Automation has been developed to help the firms for optimizing their business operations in order to increase efficiency as well as reducing costs.

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1 <strong>Research</strong> Scope & BIS Methodology<br />

1.1 Scope of the <strong>Report</strong><br />

This report is intended to be a comprehensive study of the global cognitive robotic process automation<br />

market. The existing report focuses largely on providing market information for different cognitive robotic<br />

process automation platforms and services, covering different segments, including industry, and region.<br />

In addition to this, it focuses on the major driving forces, challenges, and growth opportunities of the<br />

global cognitive robotic process automation market. The major players have been identified on the<br />

basis of revenue generation pertaining to the global cognitive robotic process automation market, their<br />

geographical presence, and company developments related to cognitive robotic process automation. A<br />

detailed company profiling has been done in order to understand the players’ strategic behavior. The<br />

global cognitive robotic process automation market has been further explained and analyzed on the basis<br />

of geography. Geography has been categorized into four regions, namely: North America, Europe, Asia<br />

Pacific, and Rest of the World. Moreover, the country analysis has also been done in order to provide<br />

a clear picture of the global cognitive robotic process automation market. Various forms of regional<br />

developments experienced by the manufacturers and undertaken by the various governments are some<br />

of the factors based on which the countries’ growth rate have been calculated.<br />

1.2 Global <strong>Cognitive</strong> <strong>Robotic</strong> <strong>Process</strong> <strong>Automation</strong> <strong>Market</strong> <strong>Research</strong> Methodology<br />

The research methodology design adopted for this specific study includes a mix of data collected from<br />

the primary and secondary sources. The report was developed by exhaustively using both the primary<br />

sources (in-house experts, industry leaders and market players) and the secondary sources (a host of<br />

paid and unpaid databases) along with the analytical tools to build our forecast and predictive models.<br />

Primary Data Sources<br />

The primary sources involve the industry experts from the global cognitive robotic process automation<br />

market industry including the suppliers, device manufacturers, and distributors, among others. Resources<br />

such as CEOs, vice presidents, marketing director, and technology & innovation directors, among others<br />

have been interviewed to obtain and verify both the qualitative and the quantitative aspects of this<br />

research study.<br />

The research includes interviews with the participants throughout the value chain. Besides, an online<br />

survey, from the participants, was conducted to understand the demand from software vendors and other<br />

stakeholders in the market. An extensive questionnaire was shared to get insights from the experts who<br />

didn’t participate in the discussions. In some cases, where information was not available, Delphi method<br />

was used to arrive at mutual consent with the BIS Consultants.<br />

The key data points taken from the Primary Sources include:<br />

• Validation and triangulation of all the numbers and graphs<br />

• Validation of report’s segmentation and key qualitative findings<br />

• Understanding the competitive landscape<br />

• Current and proposed production values of a particular product by market players<br />

• Validation of the numbers of the various markets for market type<br />

• Percentage split of individual markets for geographical analysis<br />

Secondary Data Sources<br />

The research study involves the usage of extensive secondary sources such as databases, company<br />

websites, and annual reports, among others.<br />

sales@bisresearch.com www.bisresearch.com 3

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