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Form Automation Software Global Market Expected to hit $36.59 Billion by 2028, Top Factors Leading The Industry Worldwide
Form Automation Software Global Market
As per the report, the form automation software market size has grown exponentially in recent years. It will grow from $14.00 billion in 2023 to $16.94 billion in 2024 at a compound annual growth rate (CAGR) of 21.0%. The form automation software market size is expected to see exponential growth in the next few years. It will grow to $36.59 billion in 2028 at a compound annual growth rate (CAGR) of 21.2%.
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Rising Adoption Of Cloud Computing Driving The Form Automation Market
The increasing adoption of cloud computing is expected to drive the form automation market going forward. Cloud-based services refer to the delivery of computing resources and applications over the Internet, allowing users to access and utilize them remotely without the need for extensive hardware or infrastructure on their premises. The increasing adoption of cloud computing can be attributed to factors such as scalability, cost-effectiveness, improved collaboration, enhanced flexibility, and the growing demand for remote access to data and applications. Form automation software facilitates the seamless transition of traditionally paper-based processes to digital platforms, thereby streamlining workflows, enhancing efficiency, and encouraging the utilization of cloud-based computing by reducing reliance on physical infrastructure and enabling easier integration with cloud platforms. For instance, in December 2023, according to the statistics published by Eurostat, a Luxembourg-based statistical office of the European Union, the share of enterprises buying cloud computing services in the EU increased by 4.2% points from 2021 to 2023, with 42.5% of them opting for these services, primarily for e-mail, file storage, and office software. Therefore, the increasing adoption of cloud computing is driving the growth of the form automation market.
Technological Advancements In The Form Automation Software Market
Major companies operating in the form automation software market are increasing their focus on developing advanced solutions, such as online forms and workflow automation solutions, to enable efficient data collection and lead generation. Online forms and workflow automation solutions refer to software platforms designed to streamline the creation, management, and processing of digital forms, as well as automate associated workflows and tasks. For instance, in September 2023, Jotform Inc., a US-based online form builder company, launched Jotform for Salesforce on Salesforce AppExchange. This platform offers integrated, powerful form automation, a no-code form builder, an e-signature tool, a mobile app builder, approval workflows, an automated report generator, Salesforce integration, and object mapping. This advancement signifies a significant technological leap in form automation software, providing seamless integration with Salesforce, versatile solutions for various industries, enhanced efficiency, and user-friendly tools, thereby driving innovation and adoption in the market.
The form automation software market covered in this report is segmented -
1) By Type: Cloud Based, On-Premise
2) By Pricing Model: Subscription, One-Time
3) By Application: Invoices, Contracts, Employee Onboarding, Surveys And Feedback Forms, Other Applications
4) By Industry Vertical: Banking Financial Services And Insurance (BFSI), Retail And E-commerce, Telecommunication, Education, Media And Entertainment, Healthcare, Other Industry Verticals
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Major companies operating in the form automation software market report are Microsoft Corporation, IBM Corporation, Adobe Inc., Rockwell Automation Inc., OpenText Corporation, Zoho Corporation Pvt. Ltd., Monday.com, Nintex Group Limited, KiSSFLOW, JotForm Inc., FormStack LLC, ProcessMaker, K2 Software Inc., GoCanvas, GoSpotCheck, ProntoForms Corporation, Pardot LLC, Process flows, GoFormz, Cognito LLC, Forms On Fire Inc., Kizeo SAS, Device Magic, iFormBuilder, PaperForm, PerfectApps Inc., Capptions.com
Contents of the report:
1. Executive Summary
2. Form Automation Software Market Report Structure
3. Form Automation Software Market Trends And Strategies
4. Form Automation Software Market - Macro Economic Scenario
5. Form Automation Software Market Size And Growth
…..
27. Form Automation Software Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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