Intelligent Process Automation Market to reach a market size of $15.8 billion by 2025 - KBV Research

NEW YORK - March 13, 2020 - PRLog -- According to a new report Global Intelligent Process Automation Market, published by KBV Research, The Global Intelligent Process Automation Market size is expected to reach $15.8 billion by 2025, rising at a market growth of 12.5% CAGR during the forecast period. Intelligent process automation market providers rely on incorporating cognitive technologies into robotic process automation to construct intelligent operations in order to deliver productivity and efficiency benefits. Raising the adoption of intelligent process automation by BFSI and the utility sector is a core trend of the intelligent process automation market. Further trends in the smart process automation market are increasing research and development in the provision of next-generation technologies for intelligent process automation.

The solution segment dominated the market in 2018, and is anticipated to expand at a significant CAGR over the forecast period. The main advantages of intelligent process automation solutions involve improved customer experience and improved process efficiency.

The IT Operations market dominated the Global Intelligent Process Automation Market by Application in 2018, growing at a CAGR of 11.2 % during the forecast period. The Application Management market is anticipated to witness a CAGR of 11.6% during (2019 - 2025). The Content Management market is poised to grow at a CAGR of 13.5% during (2019 - 2025). Additionally, The Security market is expected to witness CAGR of 14.3% during (2019 - 2025).

Global Intelligent Process Automation Market Segmentation
By Component

• Solution
• Services

By Application

• IT Operations
• Application Management
• Content Management
• Security
• Business Process Automation
• Others

By End User

• BFSI
• IT & Telecom
• Healthcare
• Retail & eCommerce
• Government & Defense
• Media & Entertainment
• Manufacturing
• Others

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Atos Group
• Blue Prism Group PLC
• Cognizant Technology Solutions Corporation
• ExlService Holdings, Inc.
• Genpact Limited
• IBM Corporation
• Tech Mahindra Limited
• Infosys Limited
• Wipro Limited
• SAP SE
• Accenture PLC
• Pegasystems, Inc.
• CGI, Inc.
• Tata Consultancy Services Ltd.

Structural Insights: https://www.kbvresearch.com/intelligent-process-automation-market/