Intelligent Process Automation Market – Industry Trends and Forecast to 2028

Global Intelligent Process Automation Market, By Component (Solutions and Services), Deployment (On-Premise and Cloud Based), Organisation Size (Large Size Organization and Medium and Small Size Organization), Technology (Natural Language Processing, Machine and Deep Learning, Neural Networks, Virtual Agents, Mini Bots and RPA, Computer Vision and Others), Vertical (BFSI, Telecom and IT, Transport and Logistics, Media and Entertainment, Retail and Ecommerce, Manufacturing, Healthcare and Life Sciences and Others), Application (IT Operations, Business Process Automation, Application Management, Content Management, Security and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.

The intelligent process automation market has shown a significant growth in the market value and will continue to rise for the forecast period of 2021-2028. Data Bridge Market Research analyses that the intelligent process automation market is projected to show a CAGR of 12.9% for this period. This means that the value of the market would reach USD 24.88 billion by the year 2028.

 

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The global Intelligent Process Automation (IPA) market is witnessing significant growth, driven by the increasing adoption of automation across various industries. IPA involves the integration of technologies such as artificial intelligence, machine learning, and robotic process automation to automate business processes effectively. This market is witnessing rapid growth due to its potential to streamline operations, improve efficiency, and reduce costs for organizations. The demand for IPA solutions is rising as companies seek to enhance their operational workflows and achieve digital transformation.

**Segments**

- **By Component**: Software (Intelligent Business Management, Business Process Management, Application Integration, and Robotic Process Automation Tools), Services (Professional Services, Managed Services)

- **By Technology**: Natural Language Processing, Machine Learning, Neural Networks, Virtual Agents, Mini Bots, RPA, and IPA

- **By Vertical**: BFSI, Telecommunication & IT, Retail & E-commerce, Healthcare, Manufacturing, and Others

- **By Deployment**: On-Premises, Cloud

- **By Organization Size**: Large Enterprises, Small & Medium-Sized Enterprises (SMEs)

**Market Players**

- IBM Corporation
- Cognizant
- Infosys
- Capgemini
- Genpact
- HCL Technologies
- Blue Prism
- UiPath
- Pegasystems Inc.
- Automation Anywhere

These market players are actively involved in product development, partnerships, and collaborations to enhance their offerings and expand their market presence. The competitive landscape of the IPA market is characterized by intense competition, with companies focusing on innovation to gain a competitive edge. As businesses across various sectors increasingly adopt automation technologies, the demand for IPA solutions is expected to continue growing in the coming years.

The global Intelligent Process Automation market is poised for significant growth, driven by the increasing need for operational efficiency and cost savings among organizations. With the rise of digital transformation initiatives, the adoption of IPA solutions is expected to surge across various industries. The market players mentioned above are at the forefront of offering advanced IPAThe global Intelligent Process Automation (IPA) market is experiencing substantial growth propelled by the escalating inclination towards automation across diverse industries. IPA harnesses the synergy of technologies like artificial intelligence, machine learning, and robotic process automation to streamline business processes effectively. This market is expanding swiftly due to its capability to optimize operations, enhance efficiency, and curtail costs for organizations. The escalating demand for IPA solutions is fueled by companies striving to augment their operational workflows and accomplish digital transformation objectives.

In terms of components, the IPA market is segmented into software and services. The software segment encompasses various tools such as Intelligent Business Management, Business Process Management, Application Integration, and Robotic Process Automation Tools. On the other hand, the services segment includes Professional Services and Managed Services. This segmentation enables organizations to choose tailored solutions to meet their specific requirements and objectives effectively. In the realm of technology, IPA leverages advancements like Natural Language Processing, Machine Learning, Neural Networks, Virtual Agents, Mini Bots, RPA, and IPA to deliver comprehensive automation solutions that cater to a wide array of business needs.

The vertical segmentation of the IPA market comprises key sectors such as BFSI, Telecommunication & IT, Retail & E-commerce, Healthcare, Manufacturing, and others. Each sector has distinctive operational dynamics that can benefit significantly from IPA solutions tailored to address their unique challenges and opportunities. Additionally, the market is further categorized based on deployment models into On-Premises and Cloud solutions, providing organizations with flexibility in choosing the most suitable deployment approach based on their infrastructure and strategic objectives. Moreover, considering the organizational size, the IPA market caters to both Large Enterprises and Small & Medium-Sized Enterprises (SMEs), ensuring that businesses of all scales can leverage automation for operational enhancement.

In the competitive landscape, market players such as IBM Corporation, Cognizant, Infosys, Capgemini, Genpact, HCL Technologies, Blue Prism, UiPath, Pegasystems Inc., and Automation Anywhere are actively engaged in continuous**Global Intelligent Process Automation Market**

- **By Component**: Solutions and Services
- **Deployment**: On-Premise and Cloud Based
- **Organisation Size**: Large Size Organization and Medium and Small Size Organization
- **Technology**: Natural Language Processing, Machine and Deep Learning, Neural Networks, Virtual Agents, Mini Bots and RPA, Computer Vision and Others
- **Vertical**: BFSI, Telecom and IT, Transport and Logistics, Media and Entertainment, Retail and Ecommerce, Manufacturing, Healthcare and Life Sciences, and Others
- **Application**: IT Operations, Business Process Automation, Application Management, Content Management, Security, and Others

The global Intelligent Process Automation (IPA) market is experiencing a significant upsurge driven by the escalating demand for operational efficiency and cost savings in organizations. The integration of advanced technologies like artificial intelligence and machine learning in IPA solutions is propelling market growth. Companies across various industries are increasingly adopting IPA to streamline business processes, enhance operational workflows, and achieve digital transformation objectives. The market players are actively engaging in product development and strategic partnerships to stay competitive and expand their market presence in the rapidly evolving IPA landscape.

In terms of components, the market is segmented into solutions and services, providing organizations with tailored options to meet their specific automation requirements effectively. The deployment options of on-premises and cloud-based solutions offer flexibility to organizations in choosing the most suitable deployment strategy based on their infrastructure and business needs. Additionally, the segmentation based on organization size ensures that both

 

Key Coverage in the Intelligent Process Automation Market Report:

  • Detailed analysis of Global Intelligent Process Automation Market by a thorough assessment of the technology, product type, application, and other key segments of the report
  • Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
  • Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
  • Comprehensive analysis of the regions of the Intelligent Process Automation industry and their futuristic growth outlook
  • Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Intelligent Process Automation Market Landscape

Part 04: Global Intelligent Process Automation Market Sizing

Part 05: Global Intelligent Process Automation Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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