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Digital Process Automation Market Insights 2025-2034: Growth Forecast and Strategic Priorities
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Digital Process Automation Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The proliferation of the digital process automation market has been swift in recent years. Its size, which is forecasted to expand from $14.42 billion in 2024 to $16.4 billion in 2025, implies a compound annual growth rate (CAGR) of 13.7%. The notable growth during the historic period is ascribed to various factors including the modernization of legacy systems, initiatives to reduce costs, necessity for regulatory compliance, enhancement of customer experience, and the drive for business agility and adaptability.
Digital Process Automation Market Size Forecast: What's the Projected Valuation by 2029?
The digital process automation sector is predicted to undergo significant expansion in the coming years, with its market size forecast to reach $28.02 billion in 2029, displaying a compound annual growth rate of 14.3%. This projected growth within the forecast period can be ascribed to the implementation of hyperautomation strategies, the emergence of low-code and no-code platforms, the utilization of cloud-based dpa solutions, a focus on improving employee experience, and dynamic case management. Notable trends expected to evolve within the forecast duration include hyperautomation and intelligent process automation, the use of low-code and no-code platforms, process mining for optimization, integration with robotic process automation (RPA), and emphasis on security and compliance.
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What Are the Drivers Transforming the Digital Process Automation Market?
The digital process automation market is expected to expand with the increasing adoption of cloud-based solutions. A shared platform of configurable applications and services that can be easily accessed and implemented with less administrative effort defines what a cloud-based solution entails. By utilizing cloud infrastructure, digital process automation vendors cater to a more extensive clientele base, ending the need for bulky hardware or location-based installations. This lowers the entry barrier for firms wishing to integrate AI into their processes, as AI capabilities are simply accessible through a subscription-based model. For instance, the Office of Communications, a UK intergovernmental organization, reported in April 2023 that global consumer expenditure on public cloud services will likely increase by 20.7% from 2022 to 2023, moving from £395.7 billion ($434.40 billion) in 2022 to £477.7 billion ($524.41 billion) in 2023. Added to this, the Luxembourg-based intergovernmental organization, Eurostat, recorded in December 2023, that 45.2% of EU businesses purchased cloud computing services in 2023, indicating a 4.2 percentage point growth from 2021. About 82.7% used cloud solutions for email systems, 68% for file storage, 66.3% for cloud-based office software, 61% for security applications, and roughly 43% hosted their databases in the cloud. Hence, the rising demand for cloud-based solutions is anticipated to fuel the growth of the software as a service (SaaS) market, which in turn will accelerate the adoption of artificial intelligence (AI), contributing to the digital process automation market's growth. Digital Process Automation Market Driver: Rise in Demand for Digital Services Bolsters Digital Process Automation Market Expansion
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What Long-Term Trends Will Define the Future of the Digital Process Automation Market?
Leading firms in the digital process automation market are pooling their resources to roll out open digital business platforms that are IoT-enabled, like the Siemens Xcelerator, for an advantageous position in the market. This platform offers businesses the digital tools and services they need to automate their operations, boost their performance, and improve customer experiences. For example, in June 2022, Siemens AG, an automation company from Germany, introduced the Siemens Xcelerator. This open digital business platform allows clients to hasten their digital transformation process through access to a carefully selected range of IoT-enabled hardware and software. It stands as a potent tool that aids organizations, irrespective of their size, in reaching their business objectives and expediting their digital transformation. It's a comprehensive solution that provides organizations with all the necessary products and services to link their physical systems with the digital realm, gather and scrutinize data, and automate their processes.
Which Segments in the Digital Process Automation Market Offer the Most Profit Potential?
The digital process automation market 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 Firms Dominate the Digital Process Automation Market by Market Share and Revenue in 2025?
Major companies operating in the digital process automation market 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.
Which Regions Offer the Highest Growth Potential in the Digital Process Automation Market?
North America was the largest region in the digital process automation market 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 report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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