Digital Process Automation Market to Signify Strong Growth by 2023-2029
The global
digital process automation market is anticipated to grow at a CAGR of
12.8% during the forecast period. Industries and organizations across the globe
are realizing the importance of AI, automation, and ML. By automating tasks and
processes with AI incorporation, industries will be able to free up and better
use human capital for other challenging and creative aspects. Furthermore, the
benefits associated with the deployment of AI and ML in digital process
automation are pushing organizations to transform their business process and
taking business decisions.
Merits of AI-integrated Digital Process Automation
1. Splendid
customer experience
With the implementation of AI with digital process automation,
industries can build advanced and intuitive customer experiences with seamless
data flow across channels
2. Cost
reduction
The integration of AI in the digital automation process
increases efficiency and improves customer satisfaction reducing operational
costs.
3. Human talent
for a better purpose
The decision-makers can focus on better business decisions as
they get an error-free, faster and better insight. At the same time, employees
are freed up from routine or mundane work, which can be better handled by
automation.
Moreover, AI/ML will be deployed by digital process automation
service providers to reshape and remake their market presence and their
software products & services. The vendors are offering AI, ML-enabled
software, and services to their customers which is further accelerating the market
growth during the forecast period. For instance, in February 2021, Newgen
Software announced the launch of AI and ML-based identity document extraction
and redaction software “Intelligent IDXtract”. Intelligent IDXtract offers
organizations across industries the to accurately extract information from
identity documents and leverage it for multiple processes, including customer
onboarding, KYC verification, and employee information management.
To Request a Sample of our Report on Digital
Process Automation Market: https://www.omrglobal.com/request-sample/digital-process-automation-market
Market Coverage
·
The market number available for – 2021-2029
·
Base year- 2022
·
Forecast period- 2023-2029
Segment Covered-
·
By Deployment
·
By Component
·
By End-Users
Regions Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive Landscape- including Apex systems, Bizagi
Group Ltd., Cognizant Technology Solutions Corp., DXC Technology co.,
International Business Machines Corp., Infosys Ltd., Newgen Software
Technologies Ltd., Oracle Corp., Panasonic Holdings Corp., Pegasystems Inc.,
Robert Bosch GmbH, Software AG, and others.
Digital Process Automation Market Report Segment
By Deployment
·
Cloud
·
On-Premises
By Component
·
Solution
·
Services
By End-Users
·
Aerospace & Defense
·
Healthcare
·
Manufacturing
·
Retail
·
IT & Telecommunication
·
Transport & Logistics
·
BFSI
·
Others
A
full Report of Digital Process Automation Market is Available @ https://www.omrglobal.com/industry-reports/digital-process-automation-market
Digital Process Automation Market Report Segment by Region
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company Profiles
·
Apex systems
·
Appian Corp.
·
Bizagi Group Ltd.
·
Cognizant Technology Solutions Corp.
·
Cortex Applications, Inc.
·
DST Systems, Inc.
·
DXC Technology co.
·
International Business Machines Corp.
·
Infosys Ltd.
·
Integrify, Inc.
·
MindTree Ltd.
·
Newgen Software Technologies Ltd.
·
Nintex Global Ltd.
·
Novatio solutions
·
OpenText Corp.
·
Oracle Corp.
·
Panasonic Holdings Corp.
·
Pegasystems Inc.
·
Robert Bosch GmbH
·
Software AG
·
TIBCO Software Inc.
Reasons to buy from us –
1. We cover more than
15 major industries, further segmented into more than 90 sectors.
2. More than 120
countries are for analysis.
3. Over 100+ paid
data sources mined for investigation.
4. Our expert
research analysts answer all your questions before and after purchasing your
report.
For More Customized Data,
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