Business Process Automation Market – Trends Forecast Till 2028

Business Process Automation Market, By Component, Deployment Type, Organization Size, Business Function (Sales and Marketing, HR, Accounting and Finance, Supply Chain, Customer Service Support) Vertical, and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa and South America)

Published Date: March, 2021

Base Year Estimate: 2020

Report ID: D-IT-BPAM-112

Format:  

Number of Pages: 343

Domain: IT & Telecom

Business Process Automation Market – Trends Forecast Till 2028

Global Business Process Automation Market is anticipated to reach USD 10.4 billion in 2021 growing at a CAGR of 12.4% during the forecasting period, 2021-2028.

Business process automation or digital transformation is a complex process with the help of technology. This helps to speed up the process and accelerate the process. The main goals of automation are to simplify the complex steps of business, make business cost-effective, and increasing workflow. This streamlines the whole business in a direction.

With increased automation in its sector are to serve a customer need some of the factors that have supported long-term expansion for the Global Business Process Automation industry. 

Global Business Process Automation Market is segmented into Component, Deployment Type, Organization Size, Business Function, Vertical, and geography.

Business Function segment is segmented into Sales and Marketing, HR, Accounting and Finance, Supply Chain, Customer Service Support

Geographically, the global Business Process Automation Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa and South America, and insights are provided for each region and major countries within the regions

Key players in the global Business Process Automation Market are    IBM (US), Pegasystems (US), Appian (US), Kissflow(India), Laserfiche (US), Nintex (US), Oracle (US),  Software AG (Germany), Salesforce (US) Microsoft (US), Bizagi (UK), OpenText (Canada), TIBCO (US), Creatio (US), Genpact (US), DXC Technology (UK), Newgen Software (India), Bonitasoft (France), Kofax (US), FlowForma (Ireland), AuraQuantic (US), AgilePoint (US), Automation Hero (US), Quickbase (US), and, Cortex (UK)among others. 

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, a conference like Jefferies conference)—to identify and collect information useful for this study of the Global Business Process Automation Market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial study the global Business Process Automation Market. Through secondary, the market is classified and segmented as per of industry trend, development, regional market. Product and technology development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess prospects. The following figure depicts the market research methodology used in drafting this report on the Global Business Process Automation Market.

The primary Respondent breakdown is given below:

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the Global Business Process Automation Market. This approach has also been used to derive the market for segmentation and sub-segmentation. 

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact the primary respondent to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants 

Reasons to Acquire

  • Increase your understanding of the market for identifying the suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
  • Gain authentic and granular data access for Global Business Process Automation Market to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 10.4 billion

Growth Rate

CAGR of 12.4% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year 

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

 Component, Deployment Type, Organization Size, Business Function, Vertical  and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

IBM (US), Pegasystems (US), Appian (US), Kissflow(India), Laserfiche (US), Nintex (US), Oracle (US),  Software AG (Germany), Salesforce (US) Microsoft (US), Bizagi (UK), OpenText (Canada), TIBCO (US), Creatio (US), Genpact (US), DXC Technology (UK), Newgen Software (India), Bonitasoft (France), Kofax (US), FlowForma (Ireland), AuraQuantic (US), AgilePoint (US), Automation Hero (US), Quickbase (US), and, Cortex (UK)

Available Customization 

In addition to the market data for Global Business Process Automation Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.

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