Global Digital Process Automation Market Size study, by Component (Solution, Services), by Business Function (Sales Process Automation, Supply Chain Automation, Claims Automation, Marketing Automation), by Organization Size (Large Enterprises, Small and M

Global Digital Process Automation Market Size study, by Component (Solution, Services), by Business Function (Sales Process Automation, Supply Chain Automation, Claims Automation, Marketing Automation), by Organization Size (Large Enterprises, Small and Medium-Sized Enterprises), by Deployment Type (On-Premises, Cloud), by Industry Vertical (BFSI, IT and Telecom, Healthcare, Retail, Manufacturing, Others) and Regional Forecasts 2022-2032

Global Digital Process Automation Market is valued at approximately USD 14.03 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 13.27% over the forecast period 2024-2032. Digital Process Automation (DPA) involves using digital technologies to streamline and automate business processes, enhancing efficiency and accuracy. By integrating tools such as artificial intelligence, machine learning, and robotic process automation, DPA reduces manual intervention, accelerates workflows, and improves operational agility. It aims to optimize end-to-end processes, from simple tasks to complex operations, ensuring consistent and reliable outcomes. DPA is crucial for organizations seeking to innovate, scale, and maintain a competitive edge in fast-paced digital landscape.

The Global Digital Process Automation Market is driven by increasing integration of AI and machine learning in automation, coupled with the surge in the adoption of low-code automation platforms, are pivotal factors driving the market's growth. Digital process automation enhances business operations, enabling organizations to become more customer-centric and responsive to evolving customer demands while facilitating innovative product development. The adoption of robotic process automation (RPA) solutions is further anticipated to expand opportunities within the digital process automation market during the forecast period. However, concerns regarding data security and privacy, along with a lack of technical expertise, pose significant challenges to the market's growth. Despite these restraints, the demand for digital process automation is rising as businesses increasingly focus on digitizing their operations. This shift aims to meet customer expectations more efficiently and support the introduction of new products to the market. The digital process automation industry enables businesses to innovate by creating a digitized and intelligent operating model that supports risk-taking in product development.

The regional analysis of the global digital process automation market reveals that North America dominated the market in 2023 and is expected to maintain this position during the forecast period. This dominance is attributed to advancements in automation technologies, particularly those incorporating industry-specific AI and machine learning solutions. In contrast, the Asia Pacific region is anticipated to exhibit significant growth during the forecast period, driven by supportive government initiatives in the manufacturing sector, increased adoption of digitalization solutions, and technological advancements. Furthermore, the market in Asia Pacific is anticipated to develop at the fastest rate over the forecast period 2024-2032.

Major market player included in this report are:

IBM Corporation

Infosys Limited

Cognizant

Appian

Pegasystems Inc.

LTIMindtree Limited

Oracle Corporation

Software AG

OpenText Corporation

SS&C Technologies, Inc.

The detailed segments and sub-segment of the market are explained below:

By Component
• Solution
• Services

By Business Function
• Sales Process Automation
• Supply Chain Automation
• Claims Automation
• Marketing Automation

By Organization Size
• Large Enterprises
• Small and Medium-Sized Enterprises

By Deployment Type
• On-Premises
• Cloud

By Industry Vertical
• BFSI
• IT and Telecom
• Healthcare
• Retail
• Manufacturing
• Others

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC

Latin America
• Brazil
• Mexico
• RoLA

Middle East & Africa
• Saudi Arabia
• South Africa
• RoMEA

Years considered for the study are as follows:
• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market

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