The Global Intelligent Process Automation Market accounted for US$ 10,935 Mn in 2021 and is estimated to reach US$ 27,990 Mn by 2030, with a significant CAGR of 11.2% from 2022 to 2030.
Intelligent process automation (IPA) is a grouping of technologies used to manage, automate, and integrate digital processes. Robotic process automation (RPA), artificial intelligence (AI), and digital process automation (DPA) are the primary technologies that comprise intelligent process automation.
Intelligent Process Automation market research report has been produced by including highly developed insight and analysis which furnishes maximum benefits to the industry. The report makes available an attentive overview of product specification, technology, product type and production analysis taking into account major factors such as revenue, cost, and gross margin. The data in this business report have been represented in the graphical format for an explicit understanding of facts and figures. A wide ranging Intelligent Process Automation market report also explains the key developments in the industry with respect to current scenario and the future advancements.
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The major factor driving the market growth include increased demand for intelligent automation to improve process efficiency, and the integration of recent technologies. Growing investments by small and medium-sized businesses to understand the digitized market is also contributing to rising demand of intelligent process automation in businesses.
In addition, in the digital revolution, the ability to make faster business decisions has resulted in the adoption of automation software, which has led to the growth of the intelligence process automation market
An international Intelligent Process Automation market report comprises of an all-inclusive market data that makes it easy for the industry to take strategic decisions and attain growth objectives. The report is very valuable for industry to reveal the best market opportunities and look after important information to reach towards the success. The report also deals with the factors like growth opportunity assessment (GOA), customer insights (CI), competitive business intelligence (CBI), and distribution channel assessment (DCA). Intelligent Process Automation report endows with intelligent solutions to the versatile business challenges and instigates an unproblematic decision-making process.
Market Segmentation of Intelligent Process Automation Market
The global intelligent process automation market is segmented based on component, technology, deploymenttype, organization size, application, industrial vertical, and geography.
Market by Component
- Solutions
- Services
Market by Technology
- Computer Vision
- Machine Learning
- Mini Bots & RPA
- Natural Language Processing
- Neural Networks
- Virtual Agents
- Others
Market by Deployment Type
- On-Premise
- Cloud
Market by Organization Size
- Large Enterprises
- SMEs
Market by Application
- IT Operations
- Business Process Automation
- Application Management
- Content Management
- Security
- Others
Market by Industry Vertical
- IT& Telecom
- Retail & eCommerce
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Government & Public Sector
- Others
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Key Players
Some of the top vendors offered in the professional report include Atos, Blue Prism, Capgemini, CGI, Cognizant, Genpact, HCL Technologies, IBM, Infosys Limited, Pegasystems, Tata Consultancy Services Limited,and UiPath.
Intelligent Process Automation Market Regional Overview
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Latin America
- Brazil
- Mexico
- Rest of Latin America
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
– Political (Political policy and stability as well as trade, fiscal, and taxation policies)
– Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
– Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
– Technological (Changes in digital or mobile technology, automation, research, and development)
– Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
– Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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