Intelligent Process Automation Market with COVID-19 Update by Accenture, Atos, IBM, Capgemini, Cognizant, Blue Prism, TCS, Wipro, CGI and Others.

According to Market Study Report, COVID-19 Impact On Intelligent Process Automation Market provides a comprehensive analysis of the Intelligent Process Automation Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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Table Of Contents:
• Introduction
• Research Methodology
• Executive Summary
• Impact On Ecosystem And Extended Ecosystem
• Business Implications Of Covid-19 On Intelligent Process Automation Market
• Covid-19 Impact On Major Verticals With Use Cases And How Clients Are Responding To The Current Situation
• Covid-19 Impact On Region
• Company Profiles
• Appendix

The Global Intelligent Process Automation (IPA) Market’s pre-COVID size was expected to be USD 10.0 Billion in 2020 and reach USD 16.3 Billion in 2025, growing at a CAGR of 10.2%.

“Manufacturing and Logisticssegment to show a high growth rate during the forecast period”
Driving efficiency through Intelligent Automation (IA) is one of the biggest benefits of the logistics industry. IA significantly reduces manual efforts. The saved resources can be used on other tasks. IA enables people to work smarter; it enables all the data and provides a complete picture of the efficient process, resulting in cost reduction.

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“By solution component,the segment recognition segment captured the highest market share in 2020”
There is a need to increase digitalization in organizations due to COVID-19 impact, making digitalization a major driver for various organizations to adopt the IA process. Benefits like improved operational efficiency and time management are increasing the adoption of IPA tools.

“Life sciences vertical to record higher investment and consequently a high growth rate during the forecast period”
Life sciences enterprises were slow to adopt IA in comparison to other verticals, such as retail, manufacturing, and banking; however, due to COVID-19, the life sciences industry is now most active during the pandemic times. Large investments to find a treatment, cure, and vaccine for the COVID-19 is boosting the market for the adoption of IA.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 41%, Tier 2 – 38%, and Tier 3 – 21%
• By Designation: C-level Executives – 64%, Directors – 22%, and Others – 14%
• By Region: North America – 45%,Europe– 25%, APAC– 20%,MEA– 7%, and Latin America – 3%

Reason to access this report:
The report is expected to help the market leaders/new entrants in this market by providing them information on the closest approximations of the revenue numbers for the overall impact of COVID-19 on the IPA market and its segments. This report is also expected to help stakeholders understand the competitive landscape and gain insights to improve the position of their businesses and to plan suitable go-to-market strategies.

Key Players- Accenture (Ireland), Atos (France), IBM (US), Capgemini (US), Cognizant (US), Blue Prism (UK), TCS (India), Wipro (India), CGI (Canada), HCL technologies (India), Tech Mahindra (India), UiPath (US), Xerox (US), DXC Technology (US), NTT Data (Japan) Infosys (India), Pegasystems (US),PwC (UK).

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This release was published on openPR.