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Intelligent Process Automation Market Size is Expected to Boost the Demand and Growth by 2030 - Business Market Insights
The Intelligent Process Automation market crossed US$ 13.5 billion mark in 2022 and is expected to hit US$ 31.4 billion by 2030, recording a CAGR of 11.1% during the forecast period.The Intelligent Process Automation Market 2022 provides a complete assessment of the industry including definitions, classifications, applications, and industry chain structure, which is beneficial for companies regardless of their size and revenue. Intelligent Process Automation Market Survey report covering the major market insights and industry approach towards COVID-19 in the upcoming years. For each manufacturer covered, the clients will find the report complete in all aspects as it covers all key components with valuable statistics and expert opinions in all regards. This section analyses region-wise revenue and volume for the forecast period till 2028.
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The List of TOP KEY PLAYERS in Intelligent Process Automation Market Report are -
o Atos
o IBM
o Genpact
o HCL Technologies
o Pegasystems
o Blue Prism
o Capgemini
o CGI
o Nice
o Cognizant
The report additionally focuses on world major leading industry players of this market providing information like company profiles, product picture, and specification, capacity, production, price, cost, revenue, and contact information. This report focuses on market trends, volume and value, regional level, and company level. This report represents the overall Intelligent Process Automation Market Size by analyzing historical information and future prospects till 2028.
RPA technology is used to automate manual data entry tasks in enterprises, eradicating the demand for human effort. AI utilizes neural nets with self-learning networks that gather in information and design intelligent decisions by analyzing past data models and education from them. Artificial intelligence, machine learning, cognitive learning, and RPA make up IPA workflow. Thus, the increase in robotic process automation (RPA) leads to the increasing demand for IPA. Robotic process automation provides efficiency. Implementing robots that mimic human activities helps lower manual, labor-intensive tasks, such as re-keying data from one system to another. AI brings another level of thinking to automation as it can examine data in a way that a human could not, and recognizing patterns in data, and learning from past decisions to make progressively intelligent choices. IPA minimizes document processing time by eliminating the human element of document sorting, data entry, and information validation, decreasing the time spent in the underwriting stage.
In this report, the Intelligent Process Automation market has been segmented on the basis of:
• Component
o Solution
o Service
• Deployment Model
o On premise
o Cloud
• Organization Size
o Large Enterprises
o Small and Medium Enterprises (SMEs))
• Application
o Contact Center Management
o Business Process Automation
o Application Management
o Content Management
o Security Management
o Other Applications
• Industry Vertical
o BFSI
o Telecommunications and IT
o Manufacturing & Logistics
o Media & Entertainment
o Retail & eCommerce
o Healthcare & Life Sciences
o Other Verticals
• Region
o North America
o Europe
o Asia Pacific (APAC)
o South & Central America
o Middle East & Africa
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Recent strategic developments in Intelligent Process Automation market
The Intelligent Process Automation market has undergone several significant developments, and a few of these have been mentioned below:
• In October 2021, IBM entered into collaboration with Cisco to aid orchestrate and manage 5G networks
• In September 2021, HCL Technologies made DRYiCE iAutomate available on Google Cloud Marketplace.
• In June 2021, IBM launched IBM Cloud Pak for Network Automation.
Key Highlights of the Intelligent Process Automation Market Research Report:
• The report summarizes the Intelligent Process Automation Market by stating the definition, applications, scope, it's price, supply and demand ratio, and market overview.
• Competitive landscape of all leading key players together with their business strategies, approaches, and latest Intelligent Process Automation market development.
• It elements market investment, opportunities, growth factors, restraints, and market risks.
• It performs a comprehensive study of emerging players in the Intelligent Process Automation business along with the existing ones.
• It accomplishes primary and secondary research and resources to estimate prime products, market size, and industrial partnerships of this business.
Research Objectives:
• To study and analyze the Intelligent Process Automation consumption by key regions/countries, product type and application, history information, and forecast during 2022-2028.
• To understand the structure of Intelligent Process Automation by identifying its various sub segments.
• Focuses on the key Intelligent Process Automation manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans within the next few years.
• To analyze Intelligent Process Automation with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the expansion of the market.
• To project the consumption of Intelligent Process Automation submarkets, with respect to key.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions within the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
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Contact Us:
If you have any questions about this report or would like further information, please contact us:
Contact person: Sameer Joshi
Email: sales@businessmarketinsights.com
Phone: +16467917070
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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