Key Factor Supporting Global Intelligent Process Automation Market Development in 2025: The Surge Of Intelligent Process Automation In The Era Of Rising Industrial Automation

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How Large Will the Intelligent Process Automation Market Size By 2025?
In recent times, the intelligent process automation market has seen significant expansion. The market size is projected to increase from $16.03 billion in 2024 to $17.95 billion in 2025, reflecting a compound annual growth rate (CAGR) of 12.0%. The historical growth can be linked to factors such as digital transformation efforts, cost-effectiveness and improved productivity, incorporation of data analytics, compliance with regulations and risk management, and enhanced customer experience.

How Big Is the Intelligent Process Automation Market Size Expected to Grow by 2029?
The market size for intelligent process automation is anticipated to experience a swift expansion in the coming years, reaching $33.4 billion by 2029, signifying a compound annual growth rate (CAGR) of 16.8%. This projected growth within the forecasted period can be credited to the adoption of AI-powered automation, cloud-based intelligent process automation solutions, and industry-specific solutions, all contributing to an improved customer experience and providing support to the remote workforce. The major market trends projected within this period consist of adaptive and self-learning automation techniques, collaborative efforts between humans and AI, deployment of cloud-based solutions, industry-specific problem-solving strategies, and advancements in process mining and analytics.

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Which Key Market Drivers Powering Intelligent Process Automation Market Expansion and Growth?
The intelligent process automation market is anticipated to expand due to the increasing application of automation across diverse sectors. Automation implies the diminished requirement for human intervention through the application of technology. Intelligent process automation is widely utilized across numerous industries to enhance productivity and efficiency by automating recurrent business tasks. To illustrate, the World Robotics report by the International Federation of Robotics, based in Germany, indicated that as of September 2023, there were 553,052 industrial robotic installations across the globe, indicating a 5% annual growth rate in 2022. Hence, the escalating prevalence of automation across various sectors is contributing to the growth of the intelligent process automation market.

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Which Fast-Growing Trends Are Poised to Disrupt the Intelligent Process Automation Market?
The surge in the make use of hyper-automation is becoming an increasingly significant trend within the intelligent process automation industry. Key players in the market are developing new technologies in an attempt to maintain their standing within the intelligent process automation field. For example, in February 2024, Hyperscience, an American AI technology corporation, unveiled their Hyperscience Hyperautomation Network. This partner initiative is carefully crafted to cultivate a habitat conducive to bringing hyperautomation solutions to the market. The Hyperautomation Network aligns top-tier enterprise software partners and systems integrators to enhance customer revenue growth. The scheme presents a three-tier infrastructure providing escalating benefits such as Hyperscience Academy training, lead sharing, strategic account planning, co-marketing prospects, and consistent support from Partner Directors.

What Are the Emerging Segments in the Intelligent Process Automation Market?
The intelligent process automationmarket 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,

Subsegments:
1) By Platform: Automation Platforms, Workflow Automation Tools, AI-Powered Platforms
2) By Solution: Robotic Process Automation (RPA) Solutions, Cognitive Automation Solutions, Intelligent Document Processing Solutions, Analytics Solutions
3) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training And Education Services

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Who Are the Global Leaders in the Intelligent Process Automation Market?
Major companies operating in the intelligent process automation market 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, accenture* PLC, 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

Which are the Top Profitable Regional Markets for the Intelligent Process Automation Industry?
North America was the largest region in the intelligent process automation market share in 2024. The regions covered in the intelligent process automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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