ALBANY, New York, November 9, 2016 /PRNewswire/ -- IT robotic automation is a go-to solution for organizations to benefit from process automation and advanced analytics in operations and processes at economical prices, which was not possible with earlier automation approaches. IT robots (automation software) are programmed to be used with data-driven and rule-based processes, which work towards aspects such as improving productivity and compliance accuracy, and can be applied irrespective of industry and application. IT robotic automation has modernized the way various business processes, IT management and support processes, workflow processes, and back-office processes are managed in a cost effective manner. Transparency Market Research states that the global IT robotic automation market will reach a value of US$16,884.0 mn by 2024, expanding at a CAGR of 47.1% during the period from 2016 to 2024. In terms of solutions, the segment of IT robotic automation services dominated the global market, accounting for a share of over 68% in 2015. Geographically, the North America IT robotic automation held a lion's share of the global market, accounting for over 44.3% in 2015. Download Sample PDF Brochure for Professional & Technical Breakthroughs athttp://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4045Cost Benefits and Improved Efficiency Granted by Robotic Automation to Fuel Market In the past few years, adoption of robotic automation across a number of crucial processes and operations in the IT industry has proved to be significantly beneficial in terms of cost reduction, improvement in efficiency, scalability, and flexibility of processes, and enhanced productivity. This has compelled an increasing number of IT firms to adopt robotic automation across applications such as BPO management and infrastructure management. Prospects of improving productivity with the use of robotic automation, as human resources are freed from performing mundane repetitive tasks and left with more time to undertake skilful and innovative tasks, have also encouraged IT companies to adopt the course of robotic automation.