Global intelligent process automation market
Intelligent process automation is a way in which the computers can perform human tasks by programming them using technologies such as AI, machine learning, cognitive automation which are integrated with robotics and sensor technologies. Increasing adoption of several advanced technologies in various industries as well as growing emergence of new technologies over the past few years is creating opportunities for the growth of global intelligent process automation market over the analysis period. Increasing usage of several automation methods in order to transmute to the workplaces and other locations are also fueling the growth of global intelligent process automation market in coming years.
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Further, enhancements in the IT systems for their automation to offer better products and services to the clients and excellent working conditions for the employees is further creating opportunities for the industry over the analysis period. Further, growing implementation of advanced IoT and sensor technologies in various industries is creating opportunities for the growth of global intelligent process automation market. Also, rising prevalence of COVID-19 pandemic has caused temporary shutdowns of offices and factories and encouraged the work from home situation which is likely to fuel the growth of global intelligent process automation market in the coming years.
Increasing investments by companies of various different sectors for automation and digitization of their businesses by implementing advanced technologies or buying software which can smoothen the functioning and operations of these industries along with reducing the cost of companies is also positively impacting the growth of global intelligent process automation market over the forecast period. However, lack of awareness regarding the presence of technologies and advancements is also driving the industry growth over the analysis period. Also, presence of low literacy rates and lack of expertise of these technologies especially in developing and under developed nations is fueling the growth of global intelligent process automation market.
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Key Market Players
- Blue Prism
• HCL Technologies Limited
• IBM Corporation
• Infosys Limited
• Pegasystems Inc.
• Atos Syntel Inc.
• Tata Consultancy Services Limited
• Tech Mahindra Limited
• Wipro Limited.
Market Segments: Intelligent Process Automation Market
- By Technology
- Machine Learning
- Natural Language Processing
- Virtual Agents
- Computer Vision
- By Component
- By Vertical
- IT & Telecom
- By Region (tentative)
- North America
- Asia Pacific
- South America
- The Middle East and Africa
- North America
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What to Expect from the Report:
- The report is designed to mirror real time market developments featuring concrete references of multiple drivers, opportunities as well as challenging implications that are widely prevalent across the market space and interfere with normal growth outflow
- The report is a meticulous outlook of the current scenario, expanding further in exploring future probabilities that have been compiled post elaborate research practices and surveys
- Emphasis upon lingering barriers in the market space have been specifically identified to understand stagnancy patterns specific to Intelligent process automation market.
Besides requisite information highlighting industry vendors and regional developments, the report further emphasizes developments in the product and application segments. A brief on segment potential has been thoroughly assessed to derive logical deductions favoring high revenue steering business strategies.
Key Questions Answered
- What are the key growth regions and countries?
• What are the important types and technologies being used?
• What are the market players doing, in terms of research and development?
• Which are the new applications for this market?
• What are the integrations happening?
• What are the recent news, developments, mergers, or large value deals?
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