Press release
Digital Process Automation Market Size will Grow at a CAGR of 8.5% | Valuates Reports
Digital Process Automation MarketThe global Digital Process Automation market size is projected to reach USD 11770 Million by 2027, from USD 6451.8 Million in 2020, at a CAGR of 8.5% during 2021-2027. The digital process automation market is anticipated to increase as a result of rising automation demand and rising low code automation platform adoption.
Download Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-39H1570/Global_Digital_Process_Automation_Market_Size_Status_and_Forecast_2020_2026
Trends Influencing the Growth of Global Digital Process Automation Market
The banking, financial, and insurance industries face many issues, including rising costs, a lack of
talented people, outmoded banking practices, data breaches, and an onslaught of laws. BFSI must make
use of the enormous advantages of digital process automation if it is to remain on top of these problems.
Robotic process automation is a type of software-based automation that is more effective than humans at
carrying out repetitive tasks. Digital process automation makes it possible to process massive amounts of
data more quickly, accurately, and affordably. Additionally, these institutions can simply automate high-
volume workflows, track crucial accounts, do security checks, and even improve client experiences with
the help of digital process automation. This in turn is expected to drive the growth of the Digital Process
Automation Market
Better Compliance with Regulations Meeting strict compliance rules is a difficult issue for firms in the
banking, finance, and insurance sectors. Digital Process Automation assists in addressing some of the
main requirements of regulatory compliance by automating repetitive and routine processes. Banks can
handle reconciliation, fraud and risk, quality assurance processing, regulatory monitoring, and compliance
reporting by utilizing the potential of digital process automation.
By optimizing workflow to support important business initiatives, digital process automation aids
enterprises in changing the way they conduct business. With no new code required, the solutions and
services enable enterprises to quickly create and implement novel applications or solutions. Low-code
development unites business and IT to swiftly and cooperatively produce new customer-facing
applications. Organizations must rely on software developers because the conventional way of developing
software/applications takes a long time. The traditional approaches also impede an organization's ability
to react swiftly to changes in the market and shift client expectations on an enterprise scale. Organizations
can constantly enhance the customer experience, develop more quickly, and generate more income thanks
to low-code automation platforms. This factor is expected to drive the growth of the Digital Process
Automation Market.
The need to create more sophisticated and intuitive customer experiences is expected to drive the growth
of the Digital Process Automation Market. Organizations can use digital process automation to expand on
their investments in data, systems, and APIs to develop more sophisticated and user-friendly customer
journeys. Digital process automation's integration capabilities enable continuous data flow across all
channels, giving you the knowledge and insights, you need to succeed.
Cost savings are still being experienced by many DPA users, despite the fact that this is not their primary
objective. The beauty of digital process automation is that cost savings and better client experiences go
hand in hand. This is expected to further drive the Digital Process Automation Market. Customers
frequently enjoy speedier and more transparent experiences as a result of cost-cutting efficiency.
The anxiety and anguish of having to replace legacy technologies are one of the biggest barriers to
completing the digital transformation. To improve client experiences without having to give up what they
already have, digital process automation technologies can wrap legacy systems with a process-centric
application layer that empowers staff and boosts agility.
Digital Process Automation Market Share Analysis
Based on type, the service segment is expected to be the most lucrative. The software life cycle, which
also encompasses deployment, integration, product upgrade, maintenance, training, and consulting,
incorporates services as a crucial component.
During the forecast period, the BFSI segment will hold the greatest market share. Demand for this market
segment is being fueled by aspects related to the benefits of digital process automation, such as effective
processing and output, decreased time delays, and improved security.
Due to the presence of significant digital process automation suppliers in the area, North America is
anticipated to have the greatest market size throughout the projection period. When it comes to the
adoption of new technologies and the optimization of IT infrastructure, this region is likewise regarded as
one of the most advanced.
Digital Process Automation Market Segmentation
By Type
• Solution
• Services
By Application
• Manufacturing
• Retail & Consumer Goods
• BFSI
• Telecom & IT
• Transport & Logistics
• Energy & Utility
• Media & Entertainment
• Healthcare
• Others
Key Players
• 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
• Helpsystems
• Innov8tif
• Novatio Solutions
• Bonitasoft
• Cortex
• PMG
• Blue-Infinity
https://reports.valuates.com/market-reports/QYRE-Auto-39H1570/global-digital-process-automation
Similar Reports:
1. https://reports.valuates.com/market-reports/QYRE-Auto-23D3037/global-process-automation-systems
2. https://reports.valuates.com/market-reports/QYRE-Auto-19G2577/covid-19-impact-on-global-digital-process-automation-dpa-software
3. https://reports.valuates.com/market-reports/QYRE-Auto-21X3097/global-automation-testing
https://reports.valuates.com/sitemap/html/reports/584
https://reports.valuates.com/sitemap/html/reports/585
https://reports.valuates.com/sitemap/html/reports/586
Phone:
U.S. (TOLL FREE) : +1 (315) 215-3225
India: +91 8040957137
Email Id:
Please reach us at sales@valuates.com
Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Digital Process Automation Market Size will Grow at a CAGR of 8.5% | Valuates Reports here
News-ID: 3008537 • Views: …
More Releases from Valuates Reports
2-Oxazolidinone Market Revenue, Insights, Overview, Outlook, Analysis | Valuates …
2-Oxazolidinone Market Size
The global market for 2-Oxazolidinone was valued at US$ 732 million in the year 2024 and is projected to reach a revised size of US$ 916 million by 2031, growing at a CAGR of 3.3% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-1I12558/Global_2_Oxazolidinone_Market?utm_source=Openpr&utm_medium=Referral
This report aims to provide a comprehensive presentation of the global market for 2-Oxazolidinone, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess…
Strontium-88 Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Re …
Strontium-88 Market Size
The global market for Strontium-88 was valued at US$ 89 million in the year 2024 and is projected to reach a revised size of US$ 126 million by 2031, growing at a CAGR of 5.2% during the forecast period.
Download Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-34T9158/Global_Strontium_Market?utm_source=Openpr&utm_medium=Referral
This report aims to provide a comprehensive presentation of the global market for Strontium-88, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess…
Cobalt Sulfate Heptahydrate Market Revenue, Insights, Overview, Outlook, Analysi …
Cobalt Sulfate Heptahydrate Market Size
The global market for Cobalt Sulfate Heptahydrate was valued at US$ 449 million in the year 2024 and is projected to reach a revised size of US$ 729 million by 2031, growing at a CAGR of 6.9% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-19T19438/Global_Cobalt_Sulfate_Heptahydrate_Market?utm_source=Openpr&utm_medium=Referral
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments…
Ultrasonic Fabric Cutting and Sealing Machine Market Revenue, Insights, Overview …
Ultrasonic Fabric Cutting and Sealing Machine Market Size
The global market for Ultrasonic Fabric Cutting and Sealing Machine was valued at US$ 1200 million in the year 2024 and is projected to reach a revised size of US$ 2091 million by 2031, growing at a CAGR of 8.2% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-12M18905/Global_Ultrasonic_Fabric_Cutting_and_Sealing_Machine_Market?utm_source=Openpr&utm_medium=Referral
This report aims to provide a comprehensive presentation of the global market for Ultrasonic Fabric Cutting and…
More Releases for Digital
Introducing Digital Sales Pro, Inc: Revolutionizing Digital Sales in the Digital …
Digital Sales Pro, Inc. is a company that helps content creators and publishers make money from content and reach a larger audience with their craft.
In today's world, it can be tough for content creators and publishers to make money and connect with their audience.
At, Digital Sales Pro, Inc. we understand these challenges and have created a suite of solutions that help our clients build a strong online presence, monetize…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
Introduction
The healthcare industry has seen significant growth and development over the years, with technology playing a critical role in transforming patient care. One such innovative technology that has emerged in recent years is the Global Digital Twin in Healthcare Market. This technology allows healthcare professionals to create a virtual replica of a patient's physical self, enabling them to monitor and analyze patient data in real-time. The Global Digital Twin in…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
In 2021, the market for Digital Twin in Healthcare worldwide was worth $6.75 billion US dollars. AMR Group projects that the market will reach US$ 96.5 billion by 2031, growing at a CAGR of 40 percent between 2022 and 2031.
Industry Overview
Digital twins are virtual copies of physical objects or things that data scientist & IT professionals can use to compute simulations prior to developing and deploying the original devices. Digital…
Digital Therapeutics Market, Digital Therapeutics Market Size, Digital Therapeut …
The global digital therapeutics market is expected to reach US$ 8,941.1 Mn by 2025 from US$ 1,993.2 Mn in 2017. The market is estimated to grow with a CAGR of 20.8% during the forecast period from 2018 to 2025.
North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant…
Digital Advertising on Mobil Market Analysis 2019 Top Growing Companies: Adverti …
Digital Advertising on Mobil Market
Digital Advertising on Mobile Market is a type of advertising that shows that mobile devices such as smart phones and tablets have wireless connectivity. For mobile devices with fewer lenses than computers or laptops, digital media formats are often the most suitable for small displays through outputs. Telephone advertising is the communication of products or services of mobile devices and consumers. Telephone announcements range from…
Digital Display Market Future Growth with Worldwide Players (Digital Virgo, Digi …
Digital Display Industry 2019 Global Market 2025 research report represents the historical overview of current Market situation, size, share, trends, growth, supply, outlook and manufacturers with detailed analysis. It also focuses on Digital Display volume and value at global level, regional level and company level. From a global perspective, this report represents overall Digital Display market size by analyzing historical data and future prospect.
Get Sample Copy of this Report -…