Impact Of Cloud-Based Solutions On The Growth Of Digital Process Automation: Powering Innovation and Expansion in the Global Digital Process Automation Market by 2025

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Digital Process Automation Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, the size of the digital process automation market has seen a significant surge. The market is projected to increase from $14.42 billion in 2024 to a sizable $16.4 billion in 2025, boasting a compound annual growth rate (CAGR) of 13.7%. Factors such as the modernization of legacy systems, efforts to cut costs, regulatory compliance necessities, enhancements in customer experience, and the necessity for business agility and adaptability have all contributed to the growth during the historical period.

Digital Process Automation Market Size Forecast: What's the Projected Valuation by 2029?
The market size for digital process automation is forecasted to experience robust growth in the coming years, reaching a valuation of $28.31 billion by 2029, propelled by an annual compound growth rate (CAGR) of 14.6%. This projected growth during the forecast period can be linked to factors such as the adoption of hyperautomation strategies, the increasing popularity of low-code and no-code platforms, the rise of cloud-based DPA solutions, a concentration on enhancing the employee experience, and dynamic case management approaches. Key trends to look out for during this period are hyperautomation, intelligent process automation, the rise of low-code and no-code platforms, process mining for optimization, integration with robotic process automation (RPA), and a focus on security and compliance.

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What Are the Drivers Transforming the Digital Process Automation Market?
Accelerated adoption of cloud-based solutions is projected to boost the expansion of the digital process automation market in future. Cloud-based solutions encompass the idea of providing immediate access to a collectively shared resource of scalable applications and services that can be deployed and delivered rapidly over the internet, with minimal administrative effort. Providers of digital process automation services can cater to a wider customer base by exploiting cloud infrastructure. This eliminates the requirement for hardy hardware or installations on the premises, thereby reducing the barriers for businesses aiming to integrate AI into their operational affairs. They can comfortably gain access to AI features through a subscription-based scheme. For instance, as per the Office of Communications, a UK-based intergovernmental entity, in April 2023, global consumer spending on public cloud services is predicted to soar by 20.7% from 2022 to 2023, touching the mark of £477.7 billion ($524.41 billion) from £395.7 billion ($434.40billion) in 2023. Additionally, in December 2023, according to Eurostat, a Luxembourg-based intergovernmental entity, in 2023, 45.2% of EU enterprises reported procuring cloud computing services. This reflects an upswing of 4.2 percentage points from 2021. Moreover, 82.7% are using cloud solutions for email systems, 68% for file storage, 66.3% for cloud-oriented office software, 61% for security applications, with approximately 43% housing their databases in the cloud. Therefore, the growing demand for cloud-based solutions shows potential to spur the growth of the software as a service (SaaS) market. Hence, the escalating adoption of AI fuels the growth of the digital process automation market.

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What Long-Term Trends Will Define the Future of the Digital Process Automation Market?
Leading businesses in the digital process automation market are combining their resources to introduce IoT-supported open digital business platforms, like Siemens Xcelerator, for an advantage over competitors. This platform offers companies the tools and services to digitize their systems, automate tasks, and improve customer experiences. For example, in June 2022, Siemens AG, a German automation firm, introduced the Siemens Xcelerator. This open digital business framework allows clients to expedite their digital transformation by giving them access to a selectively chosen assortment of IoT-enabled hardware and software. It's a potent instrument that assists companies of all sizes in realizing their business objectives and speeding up their digital conversion. It's an all-inclusive hub where firms can find all the products and services required to link their physical infrastructures to the digital universe, gather and scrutinize data, and mechanize their operations.

Which Segments in the Digital Process Automation Market Offer the Most Profit Potential?
The digital process automationmarket 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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