Intelligent Process Automation Global Market Expected to hit $29 Billion at a CAGR of 15.3% by 2028, Top Factors Leading The Industry Worldwide

"The new report published by The Business Research Company, titled ""Intelligent Process Automation Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the intelligent process automation market size has grown rapidly in recent years. It will grow from $14.36 billion in 2023 to $16.38 billion in 2024 at a compound annual growth rate (CAGR) of 14.1%. The intelligent process automation market size is expected to see rapid growth in the next few years. It will grow to $29 billion in 2028 at a compound annual growth rate (CAGR) of 15.3%.

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The Surge Of Intelligent Process Automation In The Era Of Rising Industrial Automation
Rising automation in various industries is expected to propel the growth of the intelligent process automation market going forward. Automation refers to technology applications where human input is minimized. Intelligent process automation is used in various industries to automate repeatable business functions and improve workforce productivity and performance. For instance, in August 2020, according to Windward Studios LLC, a US-based company that provides document automation and reporting software, global spending on marketing automation is increasing by 14% yearly. It is expected to reach $25 billion by 2023. By 2022, robots are expected to automate 42% of the time spent on manufacturing processes. Therefore, rising automation in various industries is driving the growth of the intelligent process automation market.

Cloud4C's Hyper-Automation Solution Sets The Pace In Intelligent Process Automation
The adoption of hyper-automation is a key trend gaining popularity in the intelligent process automation market. Major market players are creating innovative technologies to sustain their position in the intelligent process automation market. For instance, in March 2021, Cloud4C, a Sinapore-based cloud-managed services provider company, introduced a turnkey hyper automation solution to achieve end-to-end process transformations. The Cloud4C hyper automation solution combines Robotic Process Automation and advanced technologies such as artificial intelligence (AI), machine learning (ML), process analytics, process mining, ingestion engines, among others to discover the right business processes for automation, extract data from unstructured sources, automate complex tasks, strategically scale automation across an enterprise and other similar tasks. This solution can help organizations automate some of their core tasks and transform their businesses.

The intelligent process automation market covered in this report is segmented -
1) By Offering: Platform, Solution, Services,
2) By Technology: Natural Language Processing, Machine and Deep Learning, Neural Networks, Virtual Agents, Mini Bots and RPA, Computer Vision, Other Technologies,
3) By Deployment Mode: On Premises, Cloud,
4) By Organization Size: Large Enterprises, SMEs,
5) By Vertical: BFSI, Telecommunications and IT, Manufacturing and Logistics, Media and Entertainment, Retail and eCommerce, Healthcare and Life Sciences, Other Verticals,

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Major companies operating in the intelligent process automation market report are HCL Technologies, Pegasystems Inc., Virtual Operations, Atos SE, Happiest Minds Technologies, Cognizant, Mahindra & Mahindra Limited, Xerox Holdings Corporation, Wipro Limited, CGI Inc., Infosys Limited, UiPath, Genpact Ltd., Tata Consultancy Services, Capgemini SE, International Business Machines Corporation, NICE Systems Ltd., WorkFusion Inc., Automation Anywhere Inc., Hyper Labs Inc., AutomationEdge Technologies, Kofax Inc., Sutherland Global Services Inc., ExlService Holdings Inc., Avanade Inc., SAP SE, Mindtree Limited, Cisco Systems Inc., Alibaba Group Holding Ltd., CognitiveScale

Contents of the report:
1. Executive Summary
2. Intelligent Process Automation Market Report Structure
3. Intelligent Process Automation Market Trends And Strategies
4. Intelligent Process Automation Market - Macro Economic Scenario
5. Intelligent Process Automation Market Size And Growth
…..
27. Intelligent Process Automation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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