Business Process Automation Market - Global Industry Analysis

Business Process Automation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Report Code: ZMR-6386 Status : Upcoming

Description

Global Business Process Automation Market: Overview

Business automation is a process of alignment of different tasks in the organization with modern applications to maintain the smooth working of the enterprises. Business process automation utilizes technology to automate the daily iterative tasks. It also accelerates the work by effectively communicating important information at the right time to the concerned person through user-defined workflow actions and rules. It also helps the organizations streamline various processes like employee onboarding, contract management, accounts payable, and others.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Business Process Automation Market: Growth Factors

The ability to achieve higher productivity with the help of business process automation solutions is the primary factor boosting the growth of the global business process automation market. Such solutions are cost-effective and also improve the cross-end relationship, which in turn further improves organizational productivity. Moreover, it lowers the wastage and offers real-time information along with data transfer that further helps to make the right strategy at the right time to deal with the arising problems. It reduces the business downtime and replication, thus resulting in overall cost reduction in the business organization. Moreover, the adoption of advanced technologies like big data and the internet of things (IoT) is likely to further propel the growth of the global business process automation market during the forecast period. The adoption of these technologies in high-end business processes enables various devices to interconnect with each other and hence it poses an extensive need for business process automation solutions to manage all the devices.

Global Business Process Automation Market: Segmentation

The global business process automation market can be segmented into end-user, organization size, deployment type, business function, services, component, and region.

By end-user, the market can be segmented into healthcare, retail & consumer goods, telecommunication, IT, manufacturing, BFSI, and others.

By organization size, the market can be segmented into large and small & medium enterprises. By deployment, the market can be segmented into on-premise and cloud. The on-premise segment accounts for the largest share in the global business process automation market. Software is installed and operated in all the on-premise delivery models and operated from the in-house server and computing infrastructure of the customers. This approach is highly preferred by customers for the application that needs processing of confidential and sensitive data. Large enterprises all across the globe deploy on-premise business process automation solutions due to the security concerns associated with the confidential data.

By business function, the market can be segmented into customer service support automation, accounting & finance automation, sales & marketing automation, supply chain automation, human resource optimization, and others.

By services, the market can be segmented into support & maintenance, deployment & integration, and consulting. The maintenance & support service segment holds the largest share in the global business process automation market owing to the fact that they provide a single point of contact for resolving several issues of the customers. Technical tips, customer forums, customer portals, and software updates are some helping assets that are made available to the users. The maintenance and support devices ensure constant customer satisfaction along with enhanced concentration on up-skilling their product knowledge base by absorbing the feedback through surveys and interviews.

By component, the market can be segmented into services and platforms.

Global Business Process Automation Market: Regional analysis

North America accounts for the largest share in the global business process automation market due to the high adoption rate of such solutions in the region. Moreover, the growing digital awareness among users along with growing spending on IT infrastructures in all sized organizations is further likely to promulgate the growth of the regional market in the forthcoming years.

Global Business Process Automation Market: Competitive Players

Some of the significant players in the global business process automation market are Cortex, Quickbase, Automation Hero, AgilePoint, AuraQuantic, FlowForma, Kofax, Bonitasoft, Newgen Software, DXC Technology, Genpact, Creatio, TIBCO, OpenText, Bizagi, Microsoft, Salesforce, Software AG, Oracle, Nintex, Laserfiche, Kissflow, Appian, Pegasystems, and IBM.

Global Business Process Automation Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content

Choose License Type

Request the coronavirus impact analysis across industries and markets

FrequentlyAsked Questions

The ability to achieve higher productivity with the help of business process automation solutions is the primary factor boosting the growth of the global business process automation market. Such solutions are cost-effective and also improve the cross-end relationship, which in turn further improves organizational productivity. Moreover, it lowers the wastage and offers real-time information along with data transfer that further helps to make the right strategy at the right time to deal with the arising problems.

Some of the significant players in the global business process automation market are Cortex, Quickbase, Automation Hero, AgilePoint, AuraQuantic, FlowForma, Kofax, Bonitasoft, Newgen Software, DXC Technology, Genpact, Creatio, TIBCO, OpenText, Bizagi, Microsoft, Salesforce, Software AG, Oracle, Nintex, Laserfiche, Kissflow, Appian, Pegasystems, and IBM.

North America accounts for the largest share in the global business process automation market due to the high adoption rate of such solutions in the region. Moreover, the growing digital awareness among users along with growing spending on IT infrastructures in all sized organizations is further likely to promulgate the growth of the regional market in the forthcoming years.

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed