Global Digital Process Automation Market Report Overview
Maximize Market Research published reports that help clients understand the Global Digital Process Automation market structure in-depth. The report which is a combination of primary and secondary research gives thorough details about the Global Digital Process Automation market, trade statistics, leading players, and various market metrics.
Global Digital Process Automation Market Report Scope and Research Methodology
The report provides business statistics and analytical insights to help you understand the Global Digital Process Automation market size, market share, growth, trends, demand, top players, industry profile, opportunities, value chain, end-users, types, and applications in plain language. The bottom-up approach was used to estimate the global and regional Global Digital Process Automation market size. Both primary and secondary research methodologies were used to clearly present the Global Digital Process Automation market structure.
In the secondary research method, data was collected from a selected set of sources. This method was used to gather information on Global Digital Process Automation key players and current and past trends in the industry. The information gathered through secondary research was validated using the primary research method, in which Global Digital Process Automation industry experts were interviewed.
The report also includes growth opportunities in micro and macro markets for stakeholders to invest in, with a detailed analysis of the competitive landscape and significant Global Digital Process Automation competitors’ product offerings. SWOT analysis was used to identify the strengths and weaknesses of the Global Digital Process Automation market.
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Global Digital Process Automation Market Regional Analysis
The report has been segmented into many key countries. This section provides a detailed analysis of the Global Digital Process Automation market in all the regions with their key countries including market size, CAGR, and import and export. The regions and their countries studied are:
- North America- U.S., Canada, Mexico
- Europe- UK, Germany, France, Spain, Rest of Europe
- Asia Pacific- China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC
- South America- Brazil
- Middle East and Africa.
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.
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
With a projected compound annual growth rate (CAGR) of 21.3%, the BFSI segment is expanding quickly. 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 Questions answered in the Global Digital Process Automation Market Report are:
- What is Global Digital Process Automation?
- What will be the CAGR of the Global Digital Process Automation market during the forecast period?
- Which segment of the Global Digital Process Automation market held the largest share of the global market in 2022?
- What trends are expected to generate additional revenue for the Global Digital Process Automation market?
- What are the opportunities for the Global Digital Process Automation Market?
- What factors are driving the Global Digital Process Automation market growth?
- Which company held the largest share in the Global Digital Process Automation market?
Key Offerings:
- A detailed Market Overview
- Market Share, Size, and Forecast by Revenue|2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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