PUBLISHER: TechNavio | PRODUCT CODE: 1601950
PUBLISHER: TechNavio | PRODUCT CODE: 1601950
Digital Process Automation Market 2024-2028
The digital process automation market is forecasted to grow by USD 8045.6 mn during 2023-2028, accelerating at a CAGR of 15.4% during the forecast period. The report on the digital process automation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by adoption of business process management (BPM), rising demand for automation in enterprises, and demand for enhanced customer experience.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 13.4% |
CAGR | 15.4% |
Incremental Value | $8045.6 mn |
Technavio's digital process automation market is segmented as below:
By Deployment
By Geographical Landscape
This study identifies the low-code integration as one of the prime reasons driving the digital process automation market growth during the next few years. Also, emergence of ai/ml in digital process automation and growth in hyper automation will lead to sizable demand in the market.
The report on the digital process automation market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital process automation market vendors that include Appian Corp., Bizagi Group Ltd., BONITASOFT SA, BP Logix Inc., Cognizant Technology Solutions Corp., DXC Technology Co., HelpSystems LLC, Infosys Ltd., Innov8tif Solutions Sdn Bhd, Integrify, International Business Machines Corp., Mindtree Ltd., Newgen Software Technologies Ltd., Nintex Global Ltd., Open Text Corp., Oracle Corp., Pegasystems Inc., Resolve Systems LLC, Software AG, and TIBCO Software Inc.. Also, the digital process automation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: