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Business Process Automation Market Size, Share & Growth - 2022 And Forecasts To 2031| IBM Corporation, Pegasystems Inc., Nintex Inc, Oracle Corporation, Software AG, Salesforce.com Inc.
Business Process Automation Market
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The global business process automation market report by the business research company identifies increase in customer face time and customer experience to be a major growth driver for the business process automation market. Customer face time is an important metric that includes any time spent talking with customers. Customer experience refers to the overall perception that customers have of your brand during the entire buyer's journey. Software for business process automation puts the customer experience first. Data cleaning, programmable automation, and reporting are features that guarantee efficient transactions, prompt responses, and individualized care.
The global business process automation market size is expected to grow from $10.98 billion in 2021 to $12.51 billion in 2022 at a compound annual growth rate (CAGR) of 13.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The business process automation market is expected to reach $20.92 billion in 2026 at a compound annual growth rate (CAGR) of 13.7%.
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North America was the largest region in the business process automation market in 2021. The regions covered in business process automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the business process automation market are IBM Corporation, Pegasystems Inc., Nintex Inc, Oracle Corporation, Software AG, Salesforce.com Inc., Microsoft Corporation, Appian Corporation, OpenText Corporation, AgilePoint, DXC Technology Company, Kissflow Inc, TIBCO Software Inc, Laserfiche, and OptimumHQ.
The global business process automation market is segmented -
1) By Component: Platforms, Services.
2) By Deployment Type: Cloud, On Premises.
3) By Organization Size: Large Enterprises, SME's.
4) By Function: Human Resource Automation, Supply Chain Automation, Sales And Marketing Automation, Accounting And Finance Automation, Customer Service Support Automation.
5) By Vertical: BFSI, Manufacturing, IT, Telecommunications, Retail And Consumer Goods, Healthcare.
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The Business Process Automation Market Report Contents Include
1. Executive Summary
2. Business Process Automation Market Characteristics
3. Business Process Automation Market Trends And Strategies
4. Business Process Automation Market - Macro Economic Scenario
5. Business Process Automation Market Size And Growth
....
26. Africa Business Process Automation Market
27. Business Process Automation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Business Process Automation Market
29. Business Process Automation Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Business Process Automation market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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