Intelligent Process Automation Market Projected to acquire Fastest Growth with a Highest CAGR of 13.2% with Key Players - Automation Anywhere, UiPath, Blue Prism, Pegasystems, Kofax, SAP, AutomationEdge, Eggplant, Softomotive, Kryon, Echelon, Cinnamon AI
Discover the era of Intelligent Process Automation (IPA) an emerging set of technologies to advance your business by combining process automation with Robotic Process Automation (RPA) and Machine learning (ML). IPA choreographs connections among systems and people, automates structured tasks, and generates intelligence from process execution. What does this mean to you? An automated, futuristic toolkit that tackles business operations with unheard of levels of transparency, efficiency, and responsiveness previously impossible
Global Intelligent Process Automation Market is driven by better optimization in the organization and to gain a major competitive edge within the market. Intelligent process automation is more focused towards reducing the costs and increasing the revenue. This is projecting a rise in estimated value from USD 7.34 billion in 2018 to an estimated value of USD 19.79 billion by 2026, registering a CAGR of 13.2% in the forecast period of 2019-2026.
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Key Vendors: Global Intelligent Process Automation Market
Automation Anywhere, UiPath, Blue Prism, Pegasystems, Kofax, SAP, AutomationEdge, Eggplant, Softomotive, Kryon, Autologyx®, Echelon, Sanbot Robotics, AntWorks, Nice Robot Corporation, LarcAI Robotics, Cinnamon AI, Innovative Computing Systems, Inc.
Recent Industry Developments:
In October 2018, Automation Anywhere launched Apeople – an online community, for the experts and practitioners of robotic process automation, business process automation and artificial intelligence
In September 2018, Eggplant RPA by eggplant has been launched which can do or automate the work which is being done by the human using DAI technology. It has the capability of conversion and migration of 500,000 files which reduce the chances of overlapping of work using DAI technology
Competitive Analysis: Global Intelligent Process Automation Market
Global intelligent process automation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of intelligent process automation market for global, Europe, North America, Asia Pacific and South America.
Market Drivers: Global Intelligent Process Automation Market
Rapid increase in scope and usage of IT and automation within the globe with high acceptance ratio in the market
Automation with artificial intelligence helps in better customer experience and to grow in systematic manner
Minimizing the human work and error with optimum utilization of resources to earn greater efficiency of business enterprise in the market
Market Restraints: Global Intelligent Process Automation Market
Shortage of technical expertise within the area of artificial intelligence and robotics
Hard to penetrate in underdeveloped and low literacy rate regions
Cost of initial investment is very high and intelligent process automation may lead to an increase in human unemployment
This report will help you understand:
Market share (regional, product, application, and end-user) both in terms of volume and revenue along with CAGR from 2019 to 2026
Key parameters which are driving market and restraining its growth.
Report will help you understand Industry Research, Market Size and Forecast, Market Entry Strategy, Competitive Intelligence, Pricing Analysis, Consumer Insights, Procurement Intelligence, Next-generation Technologies, etc.
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Table of Contents: Global Intelligent Process Automation Market
Scope/opportunities of the Report
Porter’s Five Forces Analysis
Business Decision Framework
Drivers And Challenges
Market Key Trends
FREE | TOC Is Available at https://databridgemarketresearch.com/toc/?dbmr=global-intelligent-process-automation-market
Market Segmentation: Global Intelligent Process Automation Market
Global Intelligent Process Automation Market By Technology (Natural Language Processing, Machine and Deep Learning, Neural Networks, Virtual Agents, Mini Bots and RPA, Computer Vision, Others), Component (Solutions, Services), Vertical (Banking, Financial Services, and Insurance, Telecommunications and IT, Transport and Logistics, Media and Entertainment, Retail and E-Commerce, Manufacturing, Healthcare and Life Sciences, Others), Application (IT Operations, Business Process Automation, Application Management, Content Management, Security, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026.
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