Global Intelligent Process Automation Market Set for Growth, Reveals WMR Study
A comprehensive research report by Worldwide Market Reports indicates a surge in demand for Intelligent Process Automation (IPA) technologies.
Alex Carter
- 2024-01-08
- Updated 02:46 AM ET
(NewsNibs) - Worldwide Market Reports has published a detailed analysis of the Intelligent Process Automation (IPA) Market, which sheds light on the current trends, growth factors, and the consumption and production volume within this dynamic field. Titled "An Increase in Demand and Opportunities for Global Intelligent Process Automation Market 2023," the report underscores the comprehensive market data and the Compound Annual Growth Rate (CAGR) value, profit margins, and pricing structures that frame the industry today. It is poised to guide stakeholders through the complexity of market predictions that influence future profitability and business growth decisions.
Industry Key Players and Market Segmentation
The study meticulously segments the market by type, including innovative technologies such as Robotic Process Automation (RPA), Cognitive Automation, Machine Learning, Natural Language Processing (NLP), and Artificial Intelligence (AI). Applications are grouped into areas such as Business Process Automation, Data Entry and Validation, Customer Service Automation, Financial Analysis, and Supply Chain Management, which are poised for transformation through IPA. The discussion covers key industry players like UiPath, Automation Anywhere, Blue Prism, IBM, Pegasystems, Kofax, NICE, WorkFusion, Thoughtonomy, and EdgeVerve Systems, who are driving growth and innovation in the space.
Geographical Insights and Custom Analysis
Accompanying the segmentation analysis, the report offers a detailed forecast by type and application from 2023 through 2030. The report extends its scope to encompass five primary regions: North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Within these, country-specific data delivers in-depth coverage of the major countries and regions, tapping into resources and methods like paid databases and demand and supply side data to reinforce the accuracy of the information. In an effort to customize insights, the report allows for market share information to be tailored to specific countries or regions upon request, reflecting the granular needs of various stakeholders.
Market Analysis and Resourceful Insights
Highlighting the multifaceted approach of the research, the report elucidates factors including the impact of COVID-19, new products, pipeline analysis, and evolving government policies. It guarantees the report's quality and accuracy, utilizing a mix of top-down and bottom-up methods to estimate market size, which is provided for both monetary value and volume. Secondary and primary research is implemented to accurately validate market shares. Additionally, Worldwide Market Reports promises after-sales analyst support and flexibility in the sale of the report's parts, as well as the inclusion of custom requirements in the research framework. Pre-purchase services like product review and analyst opinions are touted as another customer-centric offering. Notably, the latest edition of the study comes with discounts of up to 70%, potentially increasing its accessibility to a broader range of users.