The Intelligent Process Automation Global Market Report 2023, provides comprehensive information on the intelligent process automation market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Intelligent Process Automation Market’s Growth:
The global intelligent process automation market is expected to grow from $12.59 billion in 2022 to $14.46 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the intelligent process automation market is expected to reach $24.67 billion in 2027 at a CAGR of 14.3%.
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The adoption of hyper-automation is a key trend gaining popularity in the intelligent process automation market. Major market players are creating innovative technologies to sustain their position in the intelligent process automation market. For instance, in May 2020, UiPath, a US-based Robotic Process Automation (RPA) software company, introduced an end-to-end hyper-automation platform for automation across the enterprise with speed and efficiency. The UiPath’s end-to-end hyper-automation uses process discovery tools and employee crowdsourcing that can be used to decide what needs to be automated. This makes it possible to automate processes with greater sophistication using AI skills like document interpretation and measuring the effects of automation on the organization.
The intelligent process automation market is segmented:
1) By Offering: Platform, Solution, Services,
2) By Technology: Natural Language Processing, Machine and Deep Learning, Neural Networks, Virtual Agents, Mini Bots and RPA, Computer Vision, Other Technologies,
3) By Organization Size: Large Enterprises, SMEs,
4) By Deployment Mode: On Premises, Cloud,
5) By Vertical: BFSI, Telecommunications and IT, Manufacturing and Logistics, Media and Entertainment, Retail and eCommerce, Healthcare and Life Sciences, Other Verticals
North America was the largest region in the intelligent process automation market in 2022.
The table of contents in TBRC’s intelligent process automation market report includes:
- Executive Summary
- Intelligent Process Automation Market Characteristics
- Intelligent Process Automation Market Trends And Strategies
- Intelligent Process Automation Market – Macro Economic Scenario
- Intelligent Process Automation Market Size And Growth
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- Africa Intelligent Process Automation Market
- Intelligent Process Automation Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Intelligent Process Automation Market
- Intelligent Process Automation Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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