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Impact Of Cloud-Based Solutions On The Growth Of Digital Process Automation Driver: Leading Transformation in the Digital Process Automation Market Share in 2025
What combination of drivers is leading to accelerated growth in the digital process automation Market Share?The digital process automation Market Share is anticipated to grow as a result of the increasing uptake of cloud-based solutions. A cloud-based solution enables instant access to a collective pool of adjustable applications and services, which can be swiftly deployed via the internet with minimal administrative effort. Digital process automation providers broaden their customer reach by utilizing cloud infrastructure. This eliminates the need for extensive hardware or local installations, and reduces entry obstacles for businesses wanting to integrate AI into their daily operations, as they can easily gain access to AI functionality via a subscription model. For example, the UK's Office of Communications reported that between 2022 and 2023, global end-user spending on public cloud services is set to increase by 20.7%, totting up to £477.7 billion ($524.41 billion) from the previous year's £395.7 billion ($434.40 billion). Additionally, Eurostat, a Luxembourg-based intergovernmental organization, reported that in 2023, 45.2% of EU enterprises bought cloud computing services, marking a 4.2 percentage point increase from 2021. They reported 82.7%, 68%, 66.3%, 61%, and approximately 43% of these enterprises used cloud solutions for their email systems, file storage, cloud-based office software, security applications, and database hosting. Therefore, this growing demand for cloud-based solutions is expected to stimulate the growth of the SaaS Market Share, hence, boosting the growth of the digital process automation Market Share due to increased AI adoption. Digital Process Automation Market Share Driver: A Surge in Digital Services Promotes Growth in the Digital Process Automation Market Share
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What is the projected compound annual growth rate (CAGR) of the digital process automation Market Share from 2025 to 2034, and what factors influence it?
In recent times, there has been a swift expansion in the size of the digital process automation Market Share. The Market Share valuation is set to increase from $14.42 billion in 2024 to $16.4 billion in 2025, with a compound annual growth rate (CAGR) of 13.7%. Factors such as the modernization of legacy systems, initiatives for cost reduction, adherence to regulatory compliance standards, enhancement of customer experience, and the need for business agility and adaptability have contributed to this growth observed in the historical period.
In the coming years, the digital process automation Market Share is projected to experience significant expansion. It is anticipated to reach $28.02 billion in 2029 with a 14.3% compound annual growth rate (CAGR). The forecasted growth is due to several factors such as hyperautomation strategies, the emergence of low-code and no-code platforms, cloud-oriented DPA solutions, emphasis on employee experience, and dynamic case management. During the forecast period, prominent trends include hyperautomation and intelligent process automation, low-code and no-code platforms, process optimization through process mining, incorporation with robotic process automation (RPA), and security and compliance.
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What new trends are reshaping the digital process automation Market Share and its opportunities?
Dominant players in the digital process automation Market Share are consolidating their activities to introduce IoT-driven open digital business platforms, such as Siemens Xcelerator, to maintain their competitive stance. This platform allows businesses to access resources and services for digitalizing their operations, automating tasks, and improving customer interactions. For example, in June 2022, Siemens AG, an automation company based in Germany, rolled out the Siemens Xcelerator. This open digital business platform aids clients in hastening their digital transformation by offering a tailored selection of IoT-supported hardware and software. The Xcelerator is a potent tool that assists businesses, irrespective of their size, in realizing their operational objectives and hastening their shift towards digital. It acts as a one-stop hub for organizations to find all necessary products and services to digitally sync their physical structures, collect and scrutinize data, and automate their procedures.
What are the major segments of the digital process automation Market Share and their role in driving growth?
The digital process automation Market Share covered in this report is segmented -
1) By Component: Solution, Service
2) By Deployment: On-Demand, On-Premise
3) By Organization Size: Small And Medium Sized Enterprises, Large Enterprises
4) By End User: Banking, Financial Services, And Insurance (BFSI), Manufacturing, IT And Telecommunication, Aerospace And Defense, Healthcare, Retail And Consumer Goods, Other End Users
Subsegments:
1) By Solution: Robotic Process Automation (RPA), Workflow Automation Tools, Business Process Management (BPM) Software, Intelligent Document Processing
2) By Service: Consulting Services, Implementation Services, Support And Maintenance Services, Training And Development Services
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Which regions are key players in the growth of the digital process automation Market Share?
North America was the largest region in the digital process automation Market Share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital process automation Market Share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the digital process automation Market Share?
Major companies operating in the digital process automation Market Share report are Microsoft Corporation, Infosys Limited, Siemens AG, General Electric Company, Panasonic Holdings Corporation, International Business Machines Corporation (IBM), Oracle Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, SAP SE, ABB Ltd., Cognizant, Rockwell Automation Inc., ServiceNow Inc., Yaskawa Electric Corporation, OpenText Corporation, NICE Systems Ltd., Pegasystems Inc., Software AG, TIBCO Software Inc., UiPath, Automation Anywhere, Appian Corporation, Nintex Global Ltd., K2 Partnering Solutions, Bizagi, Laserfiche, Zapier, BP Logix Inc.
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What Is Covered In The Digital Process Automation Global Market Share Report?
• Market Share Size Forecast: Examine the digital process automation Market Share size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the digital process automation Market Share for a structured understanding.
• Key Players Overview: Analyze major players in the digital process automation Market Share, including their Market Share value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the digital process automation Market Share.
• Segment Contributions: Evaluate how different segments drive overall growth in the digital process automation Market Share.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the digital process automation Market Share.
• Industry Challenges: Identify potential risks and obstacles affecting the digital process automation Market Share.
• Competitive Landscape: Review strategic developments in the digital process automation Market Share, including expansions, agreements, and new product launches.
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