The Workflow Automation Market Report Helps To Predict Investment In An Emerging Market For The Forecast Period 2026

The The Workflow Automation Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the The Workflow Automation market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the The Workflow Automation market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the The Workflow Automation market.

The workflow automation market is expected to witness a CAGR of 5.8% over the forecast period, 2021-2026.

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Top Leading Companies of The Workflow Automation Market are - IBM Corporation, Software AG, Oracle Corporation, Pegasystems Inc., Appian Corporation, Bizagi, IPsoft Inc., Newgen Software Technologies Limited, Nintex Global Limited, Xerox Corporation and others.

Industry News and Updates:

- In January 2020, IBM had partnership with Automation Anywhere Inc. to deliver IBM Robotic Process Automation (RPA) with Automation Anywhere. The offering combines RPA from Automation Anywhere with IBM Digital Business Automation (DBA), to provide an integrated platform of five automation capabilities that help the business to drive virtually all types of automation projects at speed and scale.

- In June 2019, Oracle completed the acquisition of Oxygen Systems, a NetSuite SuiteCloud Developer Network partner that provides localization solutions to address the complex tax and reporting requirements for companies. Oracle may deliver international and global customers, a seamless ERP localization experience in Brazil.

Key Market Trends:

Retail industry is expected to register a significant growth

- The retail industry is being challenged with a sluggish economy, declining in-store sales and margins, and rising labor costs. It entails tools that enable organizations to manage paper documents and both structured and unstructured data more effectively, in order to remain competitive. Therefore, experiencing the adoption of technological solutions to transform its supply chains with unprecedented visibility and insights from data.
- Buy online, pick up in-store (BOPIS) trend was adopted by several large retailers to increase the footfall in their stores. Walmart, the largest US retailer, has placed many pick-up towers in stores and has leveraged technologies that link inventory and supply chain data and allow websites and in-store associates to coordinate online orders, in-store available stock, and shipping between stores.

North America is expected to have highest market share

North American region is experiencing an increased number of strategic partnerships between workflow automation tool vendors and various services provider. For instance, Northside, one of the leading hospitals in the United States has created a custom mobile workflow application on TrackVia platform, that automates every step-in sterilization audit process and replaced the cumbersome manual documentation process. Furthermore, the mobile application prompts and allows employees to attach photos, enter notes to tasks, captures timestamps for each task and provide instant visibility and real-time report.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- The Workflow Automation Market Size & Analysis (2016 - 2026)
- Market Share Analysis of The Workflow Automation Market (%),2016 - 2026
- The Workflow Automation Market Share, By Brand
- The Workflow Automation Market Share, By Company
- The Workflow Automation Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies The Workflow Automation Market Value Analysis & Forecast
- Promising The Workflow Automation Development by Major Companies
- Detailed The Workflow Automation Portfolio of the Major Companies
- Major Deals in the The Workflow Automation Market
- Major Companies Analysis

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