Press release
Global Intelligent Process Automation Market Is Booming Worldwide| by Key Market Competitors like KOFAX INC., softmotive, SAP SE, AutomationEdge, Eggplant, LarcAI, Kryon Systems, Autologyx Ltd., Echelon & More.
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.Intelligent process automation can be defined as process of implementing the artificial intelligence, cognitive automation, machine learning and computer vision to the robotics. Intelligent process automation is an integration of machine learning and robotic process automation which assist the human work and have the tendency to improve over a period of time without any command.
This market report describes the strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the Information and Communication Technology industry. This GLOBAL INTELLIGENT PROCESS AUTOMATION MARKET study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. For structuring such finest market research report, a devoted team of experienced forecasters, well-versed analysts and knowledgeable researchers work painstakingly. GLOBAL INTELLIGENT PROCESS AUTOMATION MARKET Research Report provides market data for several segments such as technologies, services and applications across many geographical areas.
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Market Drivers:
• 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:
• 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
Major Market Competitors/Players: Global Intelligent Process Automation Market
Few of the major competitors currently working in intelligent process automation market are
• Automation Anywhere Inc.
• UiPath.
• Blue Prism
• Pegasystems Inc.
• AntWorks
• NICE Robotic Automation
• KOFAX INC.
• Softmotive
• SAP SE
• AutomationEdge
• Eggplant
• LarcAI, Kryon Systems
• Autologyx Ltd.
• Echelon
• Sanbot Innovation Technology. Ltd
• Cinnamon Inc.
• Crowd Computing Systems, Inc.
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.
Table of Content:
01: Executive Summary
02: Scope of The Report
03: Global Intelligent Process Automation Market Landscape
04: Global Intelligent Process Automation Market Sizing
05: Global Intelligent Process Automation Market Segmentation by Product
06: Five Forces Analysis
07: Customer Landscape
08: Geographic Landscape
09: Decision Framework
10: Drivers and Challenges
11: Market Trends
12: Vendor Landscape
13: Vendor Analysis
Table of Contents Available For this Market Download Free TOC : https://databridgemarketresearch.com/toc/?dbmr=global-intelligent-process-automation-market
Segmentation: Global Intelligent Process Automation Market
• By Technology
o Natural Language Processing
o Machine and Deep Learning
o Neural Networks
o Virtual Agents
o Mini Bots and RPA
o Computer Vision
o Others
Video Analytics
Biometrics
Expert Systems
Sensor Processing
Inference Engines
• By Component
o Solutions
Software Tools
Platforms
o Services
Professional Services
Advisory/ Consulting
Design and Implementation
Training
Support and Maintenance
Managed Services
• By Vertical
o Banking, Financial Services, and Insurance {BFSI}
o Telecommunications and IT
o Transport and Logistics
o Media and Entertainment
o Retail and E-commerce
o Manufacturing
o Healthcare and Life Sciences
o Others
Travel and Hospitality
Education
Government and Public Sector
Utilities
• By Application
o IT Operations
o Business Process Automation
o Application Management
o Content Management
o Security
o Others
Human Resource Management
Incident Resolution
Service Orchestration
• By Geography
o North America
o South America
o Europe
o Asia-Pacific
o Middle East and Africa
Key Developments in the Market
• 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
Key Insights in the report:
• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved
Contact: Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearc
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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