Press release
Process Automation Market is Estimated to Reach USD 33.96 Billion by 2030: Cognitive Market Research
Process Automation Market is Estimated to Reach USD 33.96 Billion by 2030: Cognitive Market Research
Digital process automation is used in business to focus on digital operations to become more customer-centric and introduce new products to the market. This process usages low-code growth tools to automate processes, which span various applications. The digital process automation model develops an intelligent and digitalized digital process automation industry and takes extra risks with product innovation.
Summary:
• As per the study of CMR, The Global Digital Process Automation Market size was valued at USD 13.81 Billion in 2022 and is expected to grow at a CAGR Of 12.51 % during the forecast period, reaching USD 33.96 Billion by 2030.
• Based on the component, the solution segment has the largest revenue share in the digital process automation market.
• North America has the largest revenue share in the digital process automation market.
To know more about The Digital Process Automation Market statistics click here: https://www.cognitivemarketresearch.com/digital-process-automation-market-report
Market Dynamics
Digital Process Automation Market Drivers:
Increasing low-code automation platform adoption and integration of Machine and AI learning in automation is the key factor likely to drive the growth of the digital process automation market.
Digital Process Automation Market Opportunities:
The increasing proliferation of robotic automation process solutions in business practice creates growth opportunities for the digital process automation market in the forecast period.
Digital Process Automation Market Restraints:
The absence of technical expertise and data privacy & security is anticipated to hamper the growth of the digital process automation market in the forecast period.
Market Segmentation:
Component:
• Services
• Solution
Based on the component, the solution segment has the largest revenue share in the digital process automation market. This is due to the rising focus on keeping pace and the evolution of customer expectations, cost savings, varying regulations, and competition likely to drive demand for this segment.
Business Function:
• Claims Automation
• Sales Process Automation
• Marketing Automation
• Supply Chain Automation
Based on business function, the supply chain automation segment has the major revenue share in the digital process automation market. This is attributed to the increasing benefits of supply chain functions in organizations projected to boost the growth of the supply chain automation segment in the digital process automation market.
Industry Vertical:
• BFSI
• IT and Telecom
• Healthcare
• Retail
• Manufacturing
• Others
Based on the Industry vertical, the BFSI segment has the largest market share in the digital process automation market. This is due to the increasing demand for digital process automation in the BFSI sector.
Competitive Analysis of Digital Process Automation Market: IBM, Pegasystems, Appian, Oracle, Software AG, DST Systems, Opentext, Dxc Technology, Infosys, Cognizant, Mindtree, Newgen Software, Tibco Software, K2, Bizagi, Nintex, Ayehu Software Technologies, Integrify
Get free sample pages of the latest published Digital Process Automation Market Report: https://www.cognitivemarketresearch.com/digital-process-automation-market-report
Regional Analysis:
North America accounted for the largest share of the digital process automation market
North America has the largest revenue share in the digital process automation market. This is owing to the various benefits of digital process automation of manufacturing processes in the region such as fast production speed, easy monitoring, and waste reduction. This is anticipated to drive the growth of the digital process automation market in the region.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Digital Process Automation Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Digital Process Automation Market Segmentation
1.5.1 Digital Process Automation Market Regional Fragmentation
1.5.1 Digital Process Automation Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Digital Process Automation Market
• 3.1 Global Digital Process Automation Market Size 2018 - 2030, (USD Million)
• 3.2 Global Digital Process Automation Value, Absolute & Opportunity Analysis
• 3.3 Global Digital Process Automation Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Digital Process Automation Market Statistics 2022: Snapshot
Chapter 4 Global Digital Process Automation Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Digital Process Automation Market by Component Segmentation Analysis (2018-2030)
Chapter 10 Global Digital Process Automation Market by Industry Vertical Segmentation Analysis (2018-2030)
Chapter 11 Global Digital Process Automation Market by Business Function Segmentation Analysis (2018-2030)
Chapter 12 Global Digital Process Automation Market Regional Analysis
Chapter 13 North America Digital Process Automation Market Outlook (2018 - 2030)
Chapter 14 Europe Digital Process Automation Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Digital Process Automation Market Outlook (2018 - 2030)
Chapter 16 Latin America Digital Process Automation Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Digital Process Automation Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Digital Process Automation Market TOC click here: https://www.cognitivemarketresearch.com/digital-process-automation-market-report#table_of_contents
Related Report:
• Robotic Process Automation in Healthcare Market- https://www.cognitivemarketresearch.com/robotic-process-automation-in-healthcare-market-report
• Robotic Process Automation in BFSI Market- https://www.cognitivemarketresearch.com/robotic-process-automation-in-bfsi-market-report
• Robotic Process Automation Market- https://www.cognitivemarketresearch.com/robotic-process-automation-market-report
• Factory Automation Platform as a Service Market- https://www.cognitivemarketresearch.com/factory-automation-platform-as-a-service-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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