Global Intelligent Process Automation Market to witness record-breaking growth in forthcoming years, USD 20.86 Billion by 2027

Global Intelligent Process Automation Market was valued at USD 8.819 Billion in 2020 and expected to grow with a CAGR 13.09% over the forecast period 2020-2027. The intelligent process automation market is growing due to an increased adoption rate of automation processes to improve workplace efficiency. Furthermore, the intelligence process automation industry has grown as a result of the digital revolution, increased spending by entrepreneurs, and it's potential to facilitate quicker business decisions, as well as improvements in the implementation of automation software. The growing internet penetration in developed countries, as well as the growing number of mobile operators and growing adoption of cloud-based services in the telecommunications, healthcare, BFSI, and IT industries is driving the market growth of Intelligent process automation in forecasting period. For instance, according to Eurostat, 26% of EU enterprises used cloud computing in 2018, primarily for e-mails and the storage of files. Finland has the highest adoption of cloud computing services in Europe and accounted for 65.3% in 2018. Later on, Sweden, Denmark, and Norway attracted a significant share in 2018 with 57.2%, 55.6%, and 50.7%, respectively. Furthermore, this significant adoption of cloud computing and growing focus towards modernizing education and training system is expected to encourage the demand for AI in the education sector.

Book Your Report @ https://www.intelligencemarketreport.com/report-sample/23562

For instance, as per the European Commission, one of the eleven priorities for cohesive policy in 2014-2020 includes education and training. However, Addressing Governance and Compliance Requirements hinder the market growth of Intelligent Process Automation during the forecasting period 2020-2027.

The regional analysis of the Intelligent Process Automation Market is considered for the key regions such as Asia Pacific, North America, Europe, South America, and MEA. In which, The Asia Pacific region is projected to have the highest CAGR in the intelligent process automation market during the forecast period owing to its increasing technological acceptance. Because of the presence of increasingly rising economies such as China and India, this is the case. The intelligent automation market in the Asia Pacific region is expected to expand due to rapid economic growth, globalization, digitalization, and increased adoption of cloud-based technology.

Ask For Customized Report @ https://www.intelligencemarketreport.com/send-an-enquiry/23562

Key Players in Global Intelligent Process Automation Market
Cognizant Inc.
Wipro Ltd.
Thoughtonomy Inc.
UiPath Inc.
EXL Services Inc.
IBM Inc.
TCS Corporation
CGI Inc.
Capgemini SE
Infosys Ltd.
Atos Syntel
Genpact
Blue Prism Group
Pegasystem Inc.
HCL Technologies
KPMG International limited.
Tech Mahindra

Buy This Report @ https://www.intelligencemarketreport.com/checkout/23562

By Product Type:
Natural Language Processing
Machine and Deep Learning
Neural Networks
Virtual Agents
Mini Bots and RPA
Computer Vision
Others

By Application:
Business Process Automation
Application Management
Content Management
Security
Others

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and product offerings of key players.

Get In Touch With Us
David
Manager - Business Development
Intelligence Market Report
sales@intelligencemarketreport.com
UK (+44) 208 638 5991

About Intelligence Market Report
We provide in-depth market analyses that suit your organizational needs and allow decision-makers to run businesses effortlessly. We have achieved excellence in providing end-to-end market research solutions. Our brigade of industry experts gathers key information and prepares content that aligns with our client’s business/niche.

This release was published on openPR.