Robotic Process Automation (RPA) in the BFSI is expected to reach USD 20.48 billion by 2032, growing at a CAGR of 38.2% over the forecast period of 2024-2032. This growth is due to increasing demand for cost efficiency and regulatory compliance across the regions. RPA is used by financial institutions to automate high-volume manual processes such as data entry, fraud detection, and compliance monitoring. The U.S. market is also seeing an increase in RPA adoption due to the increasing adoption of AI-powered RPA solutions. The Services sub-segment accounted for 64% of the Robotic Process Autoation Market revenue in 2023, making it the largest segment. However, the Software segment is predicted to grow at a record-breaking 39.19% during this period.
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