Press release
Leading Companies Propelling Growth and Innovation in the Mobile Forms Automation Software Market
The mobile forms automation software market is rapidly evolving as organizations increasingly seek efficient digital solutions for data collection and workflow management. Advances in technology, along with growing regulatory demands and the expansion of cloud infrastructure, are driving significant interest and investment in this sector. Below is a detailed overview of the market size, key players, emerging trends, and segmentation to provide a comprehensive understanding of this dynamic industry.Projected Growth and Market Size of Mobile Forms Automation Software
The mobile forms automation software market is anticipated to expand substantially, reaching a value of $1.1 billion by 2030. This growth represents a compound annual growth rate (CAGR) of 17.7% over the forecast period. Several factors contribute to this increase, including the rising adoption of field service automation, the growing need for real-time data analytics, stricter regulatory compliance requirements, and the ongoing expansion of cloud-based solutions. Additionally, there is a heightened focus on ensuring data accuracy and traceability, which further propels the demand for mobile forms automation software. Key trends shaping the market during this timeframe include the shift toward paperless workflows, increased usage of real-time mobile data collection, the proliferation of cloud-centered form automation platforms, a surge in compliance-oriented digital forms, and deeper integration of mobile forms with enterprise systems.
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Market Leaders Influencing the Mobile Forms Automation Software Industry
Several prominent companies dominate the mobile forms automation software landscape, playing vital roles in driving innovation and market expansion. Leading firms include OpenText Corporation, SafetyCulture, Kissflow Inc., JotForm Inc., FORM.com Inc., FormStack LLC, K2 Software Inc., GoCanvas, GoSpotCheck, Fulcrum, ProntoForms Corporation, Cognito LLC, Fluix Limited, ScaleHub, Forms On Fire Inc., Kizeo SAS, Device Magic, iFormBuilder, FastField Inc., Perfect Forms Inc., and GoFormz.
Strategic Acquisition Expanding Market Reach
In a significant move in September 2024, Valsoft Corporation, a Canadian software developer and acquirer specializing in vertical market software businesses, purchased ACOM Software for an undisclosed sum. This acquisition is part of Valsoft's strategy to strengthen its position in the document-flow and payment-process automation sector. By leveraging ACOM's established client base, workflow automation technology, and capabilities integrated with enterprise resource planning (ERP) systems, Valsoft aims to broaden its product offerings. ACOM Software, based in the United States, specializes in providing document management services, intelligent workflows, and enterprise-level payment process automation solutions.
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Emerging Trends in Mobile Forms Automation Software
Market leaders in the mobile forms automation software field are intensifying efforts to develop sophisticated and innovative solutions that improve data collection and streamline lead generation. These advancements mainly focus on online forms and workflow automation platforms, which simplify the creation, management, and processing of digital forms while automating connected tasks.
For example, in September 2023, Jotform Inc., a US-based online form provider, introduced Jotform for Salesforce via the Salesforce AppExchange. This platform offers an integrated form automation experience with no-code tools for form building, e-signature capability, a mobile app builder, approval workflows, automated report generation, Salesforce integration, and object mapping. This launch marks a significant advancement in form automation tools, providing users with versatile, user-friendly solutions that enhance operational efficiency and foster wider adoption across various industries.
Breakdown of Primary Segments in the Mobile Forms Automation Software Market
The global mobile forms automation software market is segmented based on type, organization size, and industry verticals.
1) By Type:
- Cloud Based
- Web Based
2) By Organization Size:
- Small and Midsize Enterprises (SMEs)
- Large Enterprises
3) By Industry Vertical:
- Healthcare
- Construction
- Retail
- Logistics and Transportation
Further subcategories include:
- Cloud Based: Public Cloud, Private Cloud, Hybrid Cloud
- Web Based: SaaS (Software As A Service), On-premises
This detailed segmentation helps identify key areas of growth and adoption patterns across different business scales and industries, providing essential insights into where demand is strongest and how solutions are tailored to meet specific operational needs.
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