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Market Snapshot

CAGR:7.26

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	7.26

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Report Overview

The Digital Process Automation Market is projected to grow at a CAGR of 15.72% between 2022 and 2032. The market size is forecast to increase by USD 15,980.57 million during this period. The growth of the Digital Process Automation Market is driven by the increasing demand for streamlined and efficient business processes, the adoption of robotic process automation (RPA), and the integration of AI and machine learning technologies.

Market Overview:

Drivers:

The Digital Process Automation Market is experiencing growth due to the need for organizations to enhance operational efficiency and reduce manual tasks. Digital process automation tools enable the automation of repetitive and rule-based tasks, leading to improved productivity.

Moreover, the adoption of RPA solutions is driving market demand. RPA technologies automate routine tasks and workflows, allowing employees to focus on higher-value activities.

Trends:

The integration of AI and machine learning capabilities in digital process automation is a prominent trend. AI-powered automation solutions can intelligently handle complex tasks, predict outcomes, and continuously learn to improve processes.

Furthermore, the adoption of low-code and no-code platforms is influencing the market. These platforms enable business users to create and modify digital processes without extensive coding knowledge.

Restraints:

Challenges related to change management and process complexity can restrain market growth. Implementing digital process automation may require organizations to reevaluate and modify existing processes, which can be met with resistance from employees.

Additionally, concerns about data security and compliance can hinder adoption. Automation of sensitive processes requires robust security measures to prevent unauthorized access and ensure compliance with regulations.

Digital Process Automation Market Segmentation by Component:

The Services segment is expected to witness significant growth during the forecast period. Services include consulting, implementation, training, and support, which are essential for successful deployment and maintenance of digital process automation solutions.

Digital Process Automation Market Segmentation by Deployment Type:

The Cloud segment is anticipated to experience strong growth in the Digital Process Automation Market. Cloud-based solutions offer scalability, flexibility, and reduced upfront costs.

Regional Overview:

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North America is expected to lead the global Digital Process Automation Market, driven by the region's focus on digital transformation, adoption of emerging technologies, and competitive business landscape.

Moreover, Europe is projected to experience substantial growth due to the region's emphasis on improving business agility, customer experience, and regulatory compliance.

Digital Process Automation Market Customer Landscape:

The report includes insights into the customer landscape, identifying industries such as banking, finance, manufacturing, healthcare, and retail that extensively use digital process automation for operational improvement.

Major Digital Process Automation Market Companies:

Companies in the Digital Process Automation Market are adopting strategies such as expanding solution portfolios, offering industry-specific solutions, and enhancing AI and analytics capabilities.

Sample companies in the Digital Process Automation Market include:

IBM Corporation
Appian Corporation
Pegasystems Inc.
Blue Prism Group PLC
UiPath Inc.
Automation Anywhere, Inc.
Nintex Limited
Kofax Inc.
Red Hat, Inc.
Bizagi Group Limited

Segment Overview:

The Digital Process Automation Market report provides revenue forecasts at global, regional, and country levels, analyzing trends and opportunities from 2019 to 2032.

Component Outlook (USD Million, 2019 - 2032)

Software
Services

Deployment Type Outlook (USD Million, 2019 - 2032)

On-Premises
Cloud

Geography Outlook (USD Million, 2019 - 2032)

North America

The U.S.
Canada

Europe

U.K.
Germany
France
Rest of Europe

APAC

China
Japan

South America

Brazil
Argentina
Rest of South America

Middle East & Africa

Saudi Arabia
UAE
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Digital Process Automation MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Digital Process Automation MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Digital Process Automation Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Digital Process Automation MARKET BY component landscape

SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Solution

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Service

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Digital Process Automation MARKET BY deployment INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 On-demand

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 On-premise

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Digital Process Automation MARKET REGIONAL OUTLOOK

7.1. Digital Process Automation Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Digital Process Automation Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Digital Process Automation Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Digital Process Automation Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Digital Process Automation Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Digital Process Automation Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 IBM Corporation

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Pegasystems

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 Appian Corporation

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 Oracle Corporation

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 Software AG

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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Digital Process Automation Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032