Stratistics MRC’s Global Digital Process Automation Market value is expected to reach $37.4 billion growing at a CAGR of 15.3% during 2023-2030.
Using digital technology to perform or execute a workflow or function is known as digital process automation. Businesses across the world rely on business process management (BPM) to enhance and effectively manage back-end operations. For businesses to operate efficiently and with the least amount of error, automation is a necessity. Numerous corporate operations, including marketing, production, sales, inventory control, supply chain, IT, and administration, find significant benefits in rapid automation.
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Owing to encouraging government initiatives in the manufacturing sector, a spike in the usage of digitalization solutions, and advancements in technology, Asia Pacific is predicted to have profitable growth during the projection period. Moreover, in order to maximize the benefit of these opportunities, the region has experienced an increase in collaborations, mergers, and acquisitions. Additionally, the development of new technologies and deployment alternatives has been the main driving force behind these investments.
Some of the key players in Digital Process Automation market include Oracle Corporation, Ayehu Software Technologies, DST Systems Inc., Infosys Limited, OpenText Corporation, Bizagi Group Limited, IBM Corporation, TIBCO Software Inc., SS&C Technologies, Inc, Software AG, Appian Corporation, Cognizant, Pegasystems, Open Text Corporation and Newgen Software.
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Key Developments:
In March 2023, leading network provider in Egypt, Telecom Egypt (TE), announced that it is collaborating with IBM to integrate intelligent automation technologies to provide a unified solution for all of its operations support systems (OSS) across mobile, fixed, and core networks.
In July 2022, Oracle Fusion Sales, a sales automation tool that locates high-quality sales opportunities and helps sellers close deals more quickly, has just received an update, according to Oracle.
What our report offers:
– Market share assessments for the regional and country-level segments
– Strategic recommendations for the new entrants
– Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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