Global Digital Process Automation Market Report Overview

The report provides an analysis of both the current and future conditions in the Global Digital Process Automation market, delivering valuable insights and the latest information across essential segments. Within the context of the Global Digital Process Automation market, the study covers crucial research areas like revenue generation, sales, and overall income. In order to offer a thorough evaluation, the report presents two distinct scenarios that encompass the entire range of the Global Digital Process Automation market, including the projected Global Digital Process Automation sales during the forecast period.

Global Digital Process Automation Market Report Scope and Research Methodology

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Global Digital Process Automation Market Regional Insights

North America is expected to emerge as the major contributor in terms of revenue in the Digital Process Automation market during the forecast period. The region comprises countries such as the United States and Canada, which are among the most technologically advanced countries in the world. The growth of the market in North America is driven by the increasing adoption of digital technologies and the need for process automation to improve efficiency and reduce costs. The major applications of DPA in North America include banking, financial services, insurance (BFSI), healthcare, manufacturing, retail, and government.

Global Digital Process Automation Market Segmentation

by Component

Solution
Services

With a 12.2% revenue share in 2022, the Digital Process Automation services segment had the highest revenue share. As more companies search for assistance and knowledge to help them deploy and manage DPA solutions, there will likely be a rise in demand for DPA services. The design, development, and implementation of DPA solutions customized to a business's unique requirements include DPA implementation services. This include setting up DPA software, integrating it with current systems, testing the system, and refining the outcome.

by Business

Function Sales Process Automation
Supply Chain Automation
Claims Automation
Marketing Automation

The demand for the Sales Process Automation segment of Digital Process Automation is expected to expand at a CAGR of 18.3% over the projected period, based on the Business Function. Due to the rising need for sales automation software from companies of all sizes and in a variety of industries, the demand for sales process automation has been rising significantly in recent years. The COVID-19 epidemic has expedited the assimilation of sales automation technology, given the increasing number of firms transitioning to remote work and virtual sales.

In the field of sales process automation, some of the most important and prominent firms are Salesforce, HubSpot, SAP, Oracle, Microsoft, Pipedrive, Zoho, Freshworks, and Infusionsoft. These businesses provide a variety of tools for sales automation, such as platforms for sales analytics, marketing automation technologies, and CRM software.

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

The Industry Vertical indicates that throughout the projected period, the BFSI segment will increase at a CAGR of 21.3%. For BFSI organizations, DPA is an effective tool for raising customer happiness, cutting expenses, and optimizing operational effectiveness. It is used to automate credit checks, document verification, underwriting, and other aspects of the loan processing cycle, from application to disbursal. This lowers the possibility of fraud while assisting banks and other financial organizations in expediting and accurately approving loans.

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Global Digital Process Automation Market Key Players

1. IBM Corporation
2. Appian Corporation
3. Pegasystems Inc.
4. Microsoft Corporation
5. UiPath Inc.
6. Automation Anywhere
7. Red Hat Inc.
8. Bizagi
9. K2
10. Nintex
11. AgilePoint Inc.
12. Blue Prism
13. Kofax Inc.
14. BP Logix
15. ServiceNow Inc.
16. Cognizant
17. Infosys Limited
18. Open Text Corporation
19. Oracle Corporation

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Key Offerings:

• Past Market Size and Competitive Landscape (2017 to 2021)
• Past Pricing and price curve by region (2017 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by segments and their sub-segments
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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