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Report
Intelligent Process Automation Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By Component (Solution and Services), By Deployment (On-premises and Cloud), By Application (IT Operations, Business Process Automation, Application Management, Content Management, Security, and Others), By Organization Size (Small & Medium-Sized Enterprises and Large Enterprises), By Technology (Natural Language Processing, Machine & Deep Learning, and Others), By Industry Vertical (BFSI, Healthcare, Telecommunications &IT, Government & Public Sector, Manufacturing, Consumer Goods & Retail, Media & Entertainment, and Others), and By Region
Market Report I 2023-02-01 I 113 Pages I TechSci Research
The global intelligent process automation market is expected to grow at an impressive CAGR in the forecast period, 2023-2027. Increasing demand for innovative solutions to improve the business and streamline operations, increasing adoption of automation in various industries, and rising integration of novel technologies with automation technology are the key factors driving the growth of the global intelligent process automation market in the next five years.
Intelligent process automation is an emerging set of new technologies, including artificial intelligence, machine learning, computer vision, cognitive automation, and robotic process automation. The convergence of different technologies and next-generation tools to enhance business performance and assist workers by eliminating mundane, reliable, and repetitive tasks is expected to prove a great boon for organizations.
Increasing Awareness about Benefits of Intelligent Process Automation Technology Drives the Market Growth
Organizations are adopting emerging cutting-edge technologies and making high-end investments to improve production volume. Intelligent process automation improves efficiency, reduces operational costs, and delivers a better customer experience. Machines mimic human actions and possess cognitive capabilities to effectively analyze vast amounts of structured and unstructured data to boost business and operational efficiency. The amalgamation of different technologies, including machine learning, deep learning, and artificial intelligence, to easily interact with multiple systems and create a personalized experience for customers by monitoring customer history is accelerating the demand for intelligent process automation technology by various end-user industries.
Companies are looking for advanced solutions to improve customer satisfaction and high customer retention rates. The adoption of intelligent process automation technology by organizations that use artificial intelligence to enable real-time interaction with customers is acting as a positive factor for market growth. These can handle dynamic customer needs and lower the need for human resources in organizations by offering virtual bots and services to their customers.
The transformation toward Digital Workforce Supports the Market Growth
Prominent industries around the globe are actively investing in adopting digital platforms to do their primary work. High internet penetration and the proliferation of smart devices in developing countries play a crucial role in driving the growth of the global intelligent automation process market. Digital platforms increase transparency and help evaluate monitor and access employee progress. The advent of the latest technologies such as predictive maintenance, intelligent decision-making software, and solutions to ease the process and reap maximum benefits attracts organizations. The data collected is automatically entered into the system and plays a crucial role in optimizing the decision-making process. Small and medium-sized organizations are rapidly advancing towards digital platforms to maximize resources efficiently.
Market Segmentation
The global intelligent process automation market is segmented based on component, deployment, application, organization size, technology, industry vertical, company, and regional distribution. Based on the component, the market is divided into solutions and services. Based on the deployment, the market is divided into on-premises and cloud. Based on the application, the market is divided into IT operations, business process automation, application management, content management, security, and others. Based on the organization size, the market is divided into small & medium-sized enterprises and large enterprises. Based on the technology, the market is divided into natural language processing, machine & deep learning, and others. Based on the industry vertical, the market is divided into BFSI, healthcare, telecommunications & IT, government & public sector, manufacturing, consumer goods & retail, media & entertainment, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among the North American region, Asia-Pacific region, European region, South American region, and Middle East & African region.
Market Players
Accelirate, Inc., Blue Prism Group PLC, Dell EMC Corp., IBM Corporation, WorkFusion, UiPath, Inc., Kofax Inc., Pegasystems Inc., Salesforce.com Inc., SAP SE are the major market players leading the growth of global intelligent process automation market.
Report Scope:
In this report, the global intelligent process automation market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Intelligent Process Automation Market, By Component:
o Solution
o Services
- Intelligent Process Automation Market, By Deployment:
o On-premises
o Cloud
- Intelligent Process Automation Market, By Application:
o IT Operations
o Business Process Automation
o Application Management
o Content Management
o Security
o Others
- Intelligent Process Automation Market, By Organization Size:
o Small & Medium-Sized Enterprises
o Large Enterprises
- Intelligent Process Automation Market, By Technology:
o Natural Language Processing
o Machine & Deep Learning
o Others
- Intelligent Process Automation Market, By Industry Vertical:
o BFSI
o Healthcare
o Telecommunications & IT
o Government & Public Sector
o Manufacturing
o Consumer Goods & Retail
o Media & Entertainment
o Others
- Intelligent Process Automation Market, By Region:
o North America
- United States
- Canada
- Mexico
o Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
o Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Poland
- Denmark
o South America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
o Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Iraq
- Turkey
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global intelligent process automation market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Intelligent Process Automation Market
4. Executive Summary
5. Voice of Customers
5.1. Brand Awareness
5.2. Factors Considered while Selecting Supplier
5.3. Customer Satisfaction Level
5.4. Major Challenges Faced
6. Global Intelligent Process Automation Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component (Solution and Services)
6.2.2. By Deployment (On-premises and Cloud)
6.2.3. By Application (IT Operations, Business Process Automation, Application Management, Content Management, Security, and Others)
6.2.4. By Organization Size (Small & Medium-Sized Enterprises and Large Enterprises)
6.2.5. By Technology (Natural Language Processing, Machine & Deep Learning, and Others)
6.2.6. By Industry Vertical (BFSI, Healthcare, Telecommunications &IT, Government & Public Sector, Manufacturing, Consumer Goods & Retail, Media & Entertainment, and Others)
6.2.7. By Region
6.2.8. By Company (2021)
6.3. Product Market Map
7. North America Intelligent Process Automation Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component
7.2.2. By Deployment
7.2.3. By Application
7.2.4. By Organization Size
7.2.5. By Technology
7.2.6. By Industry Vertical
7.2.7. By Country
7.3. North America: Country Analysis
7.3.1. United States Intelligent Process Automation Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Component
7.3.1.2.2. By Deployment
7.3.1.2.3. By Application
7.3.1.2.4. By Organization Size
7.3.1.2.5. By Technology
7.3.1.2.6. By Industry Vertical
7.3.2. Canada Intelligent Process Automation Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Component
7.3.2.2.2. By Deployment
7.3.2.2.3. By Application
7.3.2.2.4. By Organization Size
7.3.2.2.5. By Technology
7.3.2.2.6. By Industry Vertical
7.3.3. Mexico Intelligent Process Automation Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Component
7.3.3.2.2. By Deployment
7.3.3.2.3. By Application
7.3.3.2.4. By Organization Size
7.3.3.2.5. By Technology
7.3.3.2.6. By Industry Vertical
8. Asia-Pacific Intelligent Process Automation Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By Deployment
8.2.3. By Application
8.2.4. By Organization Size
8.2.5. By Technology
8.2.6. By Industry Vertical
8.2.7. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Intelligent Process Automation Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Component
8.3.1.2.2. By Deployment
8.3.1.2.3. By Application
8.3.1.2.4. By Organization Size
8.3.1.2.5. By Technology
8.3.1.2.6. By Industry Vertical
8.3.2. India Intelligent Process Automation Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Component
8.3.2.2.2. By Deployment
8.3.2.2.3. By Application
8.3.2.2.4. By Organization Size
8.3.2.2.5. By Technology
8.3.2.2.6. By Industry Vertical
8.3.3. Japan Intelligent Process Automation Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Component
8.3.3.2.2. By Deployment
8.3.3.2.3. By Application
8.3.3.2.4. By Organization Size
8.3.3.2.5. By Technology
8.3.3.2.6. By Industry Vertical
8.3.4. South Korea Intelligent Process Automation Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Component
8.3.4.2.2. By Deployment
8.3.4.2.3. By Application
8.3.4.2.4. By Organization Size
8.3.4.2.5. By Technology
8.3.4.2.6. By Industry Vertical
8.3.5. Australia Intelligent Process Automation Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Component
8.3.5.2.2. By Deployment
8.3.5.2.3. By Application
8.3.5.2.4. By Organization Size
8.3.5.2.5. By Technology
8.3.5.2.6. By Industry Vertical
8.3.6. Singapore Intelligent Process Automation Market Outlook
8.3.6.1. Market Size & Forecast
8.3.6.1.1. By Value
8.3.6.2. Market Share & Forecast
8.3.6.2.1. By Component
8.3.6.2.2. By Deployment
8.3.6.2.3. By Application
8.3.6.2.4. By Organization Size
8.3.6.2.5. By Technology
8.3.6.2.6. By Industry Vertical
8.3.7. Malaysia Intelligent Process Automation Market Outlook
8.3.7.1. Market Size & Forecast
8.3.7.1.1. By Value
8.3.7.2. Market Share & Forecast
8.3.7.2.1. By Component
8.3.7.2.2. By Deployment
8.3.7.2.3. By Application
8.3.7.2.4. By Organization Size
8.3.7.2.5. By Technology
8.3.7.2.6. By Industry Vertical
9. Europe Intelligent Process Automation Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Component
9.2.2. By Deployment
9.2.3. By Application
9.2.4. By Organization Size
9.2.5. By Technology
9.2.6. By Industry Vertical
9.2.7. By Country
9.3. Europe: Country Analysis
9.3.1. Germany Intelligent Process Automation Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Component
9.3.1.2.2. By Deployment
9.3.1.2.3. By Application
9.3.1.2.4. By Organization Size
9.3.1.2.5. By Technology
9.3.1.2.6. By Industry Vertical
9.3.2. United Kingdom Intelligent Process Automation Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Component
9.3.2.2.2. By Deployment
9.3.2.2.3. By Application
9.3.2.2.4. By Organization Size
9.3.2.2.5. By Technology
9.3.2.2.6. By Industry Vertical
9.3.3. France Intelligent Process Automation Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Component
9.3.3.2.2. By Deployment
9.3.3.2.3. By Application
9.3.3.2.4. By Organization Size
9.3.3.2.5. By Technology
9.3.3.2.6. By Industry Vertical
9.3.4. Italy Intelligent Process Automation Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Component
9.3.4.2.2. By Deployment
9.3.4.2.3. By Application
9.3.4.2.4. By Organization Size
9.3.4.2.5. By Technology
9.3.4.2.6. By Industry Vertical
9.3.5. Spain Intelligent Process Automation Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Component
9.3.5.2.2. By Deployment
9.3.5.2.3. By Application
9.3.5.2.4. By Organization Size
9.3.5.2.5. By Technology
9.3.5.2.6. By Industry Vertical
9.3.6. Poland Intelligent Process Automation Market Outlook
9.3.6.1. Market Size & Forecast
9.3.6.1.1. By Value
9.3.6.2. Market Share & Forecast
9.3.6.2.1. By Component
9.3.6.2.2. By Deployment
9.3.6.2.3. By Application
9.3.6.2.4. By Organization Size
9.3.6.2.5. By Technology
9.3.6.2.6. By Industry Vertical
9.3.7. Denmark Intelligent Process Automation Market Outlook
9.3.7.1. Market Size & Forecast
9.3.7.1.1. By Value
9.3.7.2. Market Share & Forecast
9.3.7.2.1. By Component
9.3.7.2.2. By Deployment
9.3.7.2.3. By Application
9.3.7.2.4. By Organization Size
9.3.7.2.5. By Technology
9.3.7.2.6. By Industry Vertical
10. South America Intelligent Process Automation Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Component
10.2.2. By Deployment
10.2.3. By Application
10.2.4. By Organization Size
10.2.5. By Technology
10.2.6. By Industry Vertical
10.2.7. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Intelligent Process Automation Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Component
10.3.1.2.2. By Deployment
10.3.1.2.3. By Application
10.3.1.2.4. By Organization Size
10.3.1.2.5. By Technology
10.3.1.2.6. By Industry Vertical
10.3.2. Argentina Intelligent Process Automation Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Component
10.3.2.2.2. By Deployment
10.3.2.2.3. By Application
10.3.2.2.4. By Organization Size
10.3.2.2.5. By Technology
10.3.2.2.6. By Industry Vertical
10.3.3. Colombia Intelligent Process Automation Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Component
10.3.3.2.2. By Deployment
10.3.3.2.3. By Application
10.3.3.2.4. By Organization Size
10.3.3.2.5. By Technology
10.3.3.2.6. By Industry Vertical
10.3.4. Peru Intelligent Process Automation Market Outlook
10.3.4.1. Market Size & Forecast
10.3.4.1.1. By Value
10.3.4.2. Market Share & Forecast
10.3.4.2.1. By Component
10.3.4.2.2. By Deployment
10.3.4.2.3. By Application
10.3.4.2.4. By Organization Size
10.3.4.2.5. By Technology
10.3.4.2.6. By Industry Vertical
10.3.5. Chile Intelligent Process Automation Market Outlook
10.3.5.1. Market Size & Forecast
10.3.5.1.1. By Value
10.3.5.2. Market Share & Forecast
10.3.5.2.1. By Component
10.3.5.2.2. By Deployment
10.3.5.2.3. By Application
10.3.5.2.4. By Organization Size
10.3.5.2.5. By Technology
10.3.5.2.6. By Industry Vertical
11. Middle East & Africa Intelligent Process Automation Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Component
11.2.2. By Deployment
11.2.3. By Application
11.2.4. By Organization Size
11.2.5. By Technology
11.2.6. By Industry Vertical
11.2.7. By Country
11.3. Middle East & Africa: Country Analysis
11.3.1. Saudi Arabia Intelligent Process Automation Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Component
11.3.1.2.2. By Deployment
11.3.1.2.3. By Application
11.3.1.2.4. By Organization Size
11.3.1.2.5. By Technology
11.3.1.2.6. By Industry Vertical
11.3.2. South Africa Intelligent Process Automation Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Component
11.3.2.2.2. By Deployment
11.3.2.2.3. By Application
11.3.2.2.4. By Organization Size
11.3.2.2.5. By Technology
11.3.2.2.6. By Industry Vertical
11.3.3. UAE Intelligent Process Automation Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Component
11.3.3.2.2. By Deployment
11.3.3.2.3. By Application
11.3.3.2.4. By Organization Size
11.3.3.2.5. By Technology
11.3.3.2.6. By Industry Vertical
11.3.4. Iraq Intelligent Process Automation Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Component
11.3.4.2.2. By Deployment
11.3.4.2.3. By Application
11.3.4.2.4. By Organization Size
11.3.4.2.5. By Technology
11.3.4.2.6. By Industry Vertical
11.3.5. Turkey Intelligent Process Automation Market Outlook
11.3.5.1. Market Size & Forecast
11.3.5.1.1. By Value
11.3.5.2. Market Share & Forecast
11.3.5.2.1. By Component
11.3.5.2.2. By Deployment
11.3.5.2.3. By Application
11.3.5.2.4. By Organization Size
11.3.5.2.5. By Technology
11.3.5.2.6. By Industry Vertical
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Company Profiles
14.1. Accelirate, Inc.
14.2. Blue Prism Group PLC
14.3. Dell EMC Corp.
14.4. IBM Corporation
14.5. WorkFusion
14.6. UiPath, Inc.
14.7. Kofax Inc.
14.8. Pegasystems Inc.
14.9. Salesforce.com Inc.
14.10. SAP SE
15. Strategic Recommendations
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PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
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- Website security