Global Intelligent Process Automation Market boosting the growth, Market dynamics and trends, efficiencies Forecasts to 2026| Major Market Competitors are Automation Anywhere, Inc., UiPath., Blue Prism, Pegasystems Inc., AntWorks, NICE Robotic Automation

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.

For a powerful business growth, companies must take up Intelligent Process Automation Market research report service which has become enough essential in this rapidly altering marketplace. Competitive analysis covered in this market report helps to get ideas about the strategies of key players in the market

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Key Players:

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.

Competitive Analysis:

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:

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

Table of Contents:

Study Coverage
Executive Summary
Market Size-by Manufacturers
Production-by Regions
Consumption-by Regions
Market Size-by Type
Market Size-by Application
Manufacturers Profiles
Production Forecasts
Consumption Forecast
Upstream, Industry Chain and Downstream Customers Analysis
Opportunities & Challenges, Threat and Affecting Factors
Key Findings
Appendix

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Market Segmentation:

By Vertical

Banking, Financial Services, and Insurance {BFSI}
Telecommunications and IT
Transport and Logistics
Media and Entertainment
Retail and E-commerce
Manufacturing
Healthcare and Life Sciences
Others (Travel and Hospitality, Education, Government and Public Sector Utilities)

By Application

IT Operations
Business Process Automation
Application Management
Content Management
Security
Others (Human Resource Management, Incident Resolution, Service Orchestration)

By Geography

USA (North America, US, Canada, Mexico, South America, Brazil, Argentina, Rest of South America)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe)
Asia-Pacific (Japan, China, South Korea, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, Rest of Asia-Pacific)
Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa)

By Technology

Natural Language Processing
Machine and Deep Learning
Neural Networks
Virtual Agents
Mini Bots and RPA
Computer Vision
Others (Video Analytics, Biometrics, Expert Systems, Sensor Processing, Inference Engines)

By Component

Solutions (Software Tools, Platforms)
Services (Professional Services, Managed Services)

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

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