Know How Intelligent Process Automation Market Is Booming Progress By Synechron, EMC Corporation, OpenText, SAP SE, Lexmark International, Accelirate, UiPath, Appian, Pegasystems, Blue Prism, Kofax

“Global Intelligent Process Automation Market 2019” is among the emerging technologies that are transforming the way data is processed, stored and managed. The market which reveals that the global intelligent process automation is anticipated to witness growth at a staggering CAGR of +40% over the forecast period from 2019 to 2025. The market is a nascent one and is expected to flourish to reach an approximate value of USD +8 Bn by the end of 2025. It is driven by high development growth in connected devices market.

“Intelligent process automation is the application of artificial intelligence, computer vision, recognition automation, and machine learning to robotic process automation (RPA). This results in automotive capabilities that improve end-user business value and competitive advantage. IPA includes five key technologies: Robot Process Automation, Smart Workflow, Machine Learning / Advanced Analysis, Natural Language Generation and Cognitive Agents.”

Top key players:

Synechron, EMC Corporation, OpenText Corp., SAP SE, Lexmark International, Inc., Accelirate, Inc., UiPath, Appian, Pegasystems Inc., Blue Prism, Kofax, Salesforce.com, Genpact, Inc., and Happiest Minds.

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Intelligent process automation market research methodology used to estimate and forecast the began with acquiring data from the revenue of key vendors and carrying out the market size estimation of the individual segments through information obtained from secondary sources, industry associations, and trade journals such as the artificial intelligence associations and The Automation Forums. The bottom-up procedure was employed to arrive at the overall size of the market from the sizes of individual segments.

The demand for improved automated IT systems that serve dynamic requirements of customers, need for optimized resource utilization and enhanced decision-making, and increased investments for digital transformation of organizations are key factors projected to drive the growth of the market.

The intelligent process automation market has been segmented based on component, technology, application and region.

Market by Component:

• Solution
• Service

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Market by Application

• IT Operations
• Business Process Automation
• Application Management
• Content Management
• Security

On the Basis of Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa (MEA)

The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

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