Press Release

The Intelligent Process Automation Market worth at the rate of 13.10% CAGR

November, 2020

" " COVID-19 impact on Intelligent Process Automation market, size, share, growth, industry analysis and forecast 2020-2026 " "

Intelligent process automation refers to the combination of artificial intelligence and other technologies that integrate robotic process automation with machine learning. The intelligent process automation helps the workers reduce the recurring processes and errors in the tasks and avoid manual work.

Moreover, small enterprises' growing investments in digitization assist in providing a better customer experience and optimum utilization of the available resources. The minimal human intervention leading to reduce labor cost is one of the key factors that uplift the intelligent process automation market's growth.

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Further, establishing a single and uniform intelligent process automation tool is generating opportunities for the market players. The rising demand for automation-led programs using a digital workforce is also providing opportunities for market growth. On the other hand, selecting the correct time, and correct procedure to implement automation, complications in rising in maturity chain, and hesitation in adopting automation as well as intelligence processes are the key challenges arising in the market.

The Intelligent Process Automation Market research report is titled “Intelligent Process Automation Market by Component, Technology, Application, Vertical, and Geography - Forecast to 2026.

The few top-notch companies in the Intelligent Process Automation Market include- Xerox Corporation, Pegasystems, Wipro, Accenture, Sutherland Global Services, Symphony Ventures, and EXL Service.

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The development in the industries,  increasing adoption of analytics in several industrial sectors, specifically in the manufacturing, and adoption of various latest technologies such as artificial intelligence and machine 3learning, are the major reasons to hold the largest share in the market of North America. As taken into account, Asia Pacific is also the fastest-growing market in this field due to the existence of drastically growing countries in the field of advanced technologies in this region.  

The report consists of 136 Tables and 70 charts depicting the in-depth market study and the impact analysis of COVID-19 by Vendor's name.

Market by Component

  • Solutions
  • Services

Market by Technology

  • Natural Language Processing
  • Machine & Deep Learning
  • Neural Networks
  • Virtual Agents
  • Mini Bots & RPA
  • Computer Vision
  • Others

Market by Application

  • IT Operations
  • Business Process Automation
  • Application Management
  • Content Management
  • Security
  • Others

Market by Vertical

  • BFSI
  • Telecom & IT
  • Transport & Logistics
  • Media & Entertainment
  • Retail & Ecommerce
  • Manufacturing
  • Healthcare & Life Sciences
  • Others

Market by Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Mr. Karthick Subramani

Infoholic Research LLP

Marketing & Communication