Digital Process Automation Market 2021-2027
New Study Reports " Digital Process Automation Market 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2027" has been Added on MarketResearchFuture.
Introduction/Report Summary:
This report provides in depth study of “Digital Process Automation Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Digital Process Automation Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Market Research Future takes into account the impact of the novel COVID-19 pandemic on the Global Digital Process Automation Market 2021. It offers a clear assessment of the projected market fluctuations during the forecast period (2018–2027) with USD 14 billion from USD 6 billion in 2017. Various factors are likely to impact the overall dynamics of the Global Digital Process Automation Market with a high 15% CAGR in the same forecasted period.
The global digital process automation (DPA) market is growing rapidly. The market growth attributes to the rising adoption of automation and digitization across the end-use industries. Besides, increasing demand for digital process automation tools in BFSI, consumer electronics, manufacturing, retail, healthcare, and transportation sectors, substantiate market growth. Moreover, the growing need for digital transformations of businesses escalates the market demand.
Disconnected and complex data challenge business leaders; in such situations, DPA software help making informed decisions by automating reporting and identifying gaps in an organization's workflow and data management.
Digital process automation (DPA) software efficiently responds to the need to get things done quickly and ensure minimal errors in the workflow, presenting business entities with solutions to smoothen functions of working units at the minimum possible cost. Additionally, the rising awareness for the benefits of digitalized automation in workflow increases the adoption of automation solutions. The rapid adoption of cloud-based services and advanced algorithms deployment in BFSI and retail & manufacturing sectors drive the digital process automation industry.
Conversely, the lack of technical expertise and issues concerning data privacy & security is a major factor projected to impede the market growth. Nevertheless, increasing implementations of DPA solutions at workspaces would support market growth throughout the assessment period. Also, the growing competition in businesses and emphasis on business intelligence would propel market growth.
Key Players
The report has profiled some of the Important players prevalent in the global like – IBM, Pegasystems, Appian, Oracle, DST Systems, Software AG, Dxc Technology, Opentext Corporation, Cognizant, Infosys, Newgen Software, Mindtree, Bizagi, Tibco Software, Ayehu Software Technologies, Nintex, Helpsystems, Integrify, and Innov8tif and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Digital Process Automation.
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Digital Process Automation Market - Segments
The report is segmented into five dynamics.
By Services: Professional and Managed Services.
By Industry Vertical : BFSI, Consumer Electronics, Manufacturing, Retail, Healthcare, Transportation, and others.
By Deployment: On-cloud and On-premise.
By Organization Size : Small-to-Mid-size Enterprises and Large Enterprises.
By Regions: Americas, Europe, Asia Pacific, and the Rest-of-the-World.
Global Digital Process Automation Market - Regional Analysis
North America dominates the global digital process automation market. The largest market share attributes to the strong presence of notable players and well-established development centers, allowing the early adoption of advanced technologies and digital transformation. Besides, increasing R&D investments to develop automation technologies and services drive the growth of the regional market.
Moreover, the increasing adoption of digital automation process across the end-user industries boosts the regional market growth. The digital process automation market in North America is projected to retain its dominance throughout the forecast period.
Europe stands second in the global digital process automation market. The market rise attributes to the presence of many notable service providers and large deployments of automation platforms. Additionally, the rising numbers of SMEs and large enterprises act as a major tailwind for the growth of the regional market.
The high adoption of digital process automation tools pushes the development of the regional market. The European digital process automation market is predicted to create a substantial revenue pocket during the assessment period.
The digital process automation market in the Asia Pacific region is growing rapidly. Factors such as the proliferation of digitization in businesses drive the growth of the regional market. The rising adoption of robotic process automation and cloud deployment of DPA software in large and SMEs to enhance operational performance, influence the growth of the regional market.
Augmenting demand for automation tools from increasing numbers of retailers and businesses acts as a major tailwind for the regional market growth. Substantial investments made by key players for the improvements in services positively impact the growth of the regional market. India and China are major markets for digital process automation (DPA) software in the region. The APAC digital process automation market is expected to grow at a significant rate during the forecast period.
Industry/Innovation/Related News:
October 06, 2020 ---- FlowForma (the US), a leading provider of Digital Process Automation (DPA) Software, announced its partnership with Pontem Innovations (Canada) to accelerate digital process automation across North America. Pontem Innovations empowers organizations to make data-driven decisions through data analytics, visualizations, and process automation.
FlowForma provides process automation tools for Microsoft Office® 365. Pontem Innovations sought the FlowForma Process Automation tool's services as a solution for its clients to automate processes with speed and agility. The partnership would help FlowForma to strengthen its process automation offerings further.
Key Stakeholders
Digital Process Automation Market Manufacturers
Digital Process Automation Market Distributors/Traders/Wholesalers
Global Digital Process Automation Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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TABLE OF CONTENTS
1.Executive Summary
2.Scope Of The Report
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Research Objectives
2.2.2. Assumptions & Limitations
2.3. Market Structure
3.Market Research Methodology
4.Market Landscape
…..
12.Company Profiles
12.1. IBM Corporation
12.1.1. Company Overview
12.1.2. Product/Business Segment Overview
12.1.3. Financial Updates
12.1.4. Key Developments
12.1.5. SWOT Analysis
12.2. Oracle Corporation
12.2.1. Company Overview
12.2.2. Product/Business Segment Overview
12.2.3. Financial Updates
12.2.4. Key Developments
12.2.5. SWOT Analysis
12.3. Pegasystems
12.3.1. Company Overview
12.3.2. Product/Business Segment Overview
12.3.3. Financial Updates
12.3.4. Key Developments
12.3.5. SWOT Analysis
12.4. Appian
12.4.1. Company Overview
12.4.2. Product/Business Segment Overview
12.4.3. Financial Updates
12.4.4. Key Developments
12.4.5. SWOT Analysis
And more
Continued...
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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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