Kenneth Research has published a detailed report on Intelligent Process Automation Market which has been categorized by market size, growth indicators and encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2019-2026.

The report covers the forecast and analysis of the Intelligent Process Automation Market on a global and regional level. The study provides historical data from 2015 to 2019 along with a forecast from 2019-2026 based on revenue (USD Million). In 2018, the worldwide GDP stood at USD 84,740.3 Billion as compared to the GDP of USD 80,144.5 Billion in 2017, marked a growth of 5.73% in 2018 over previous year according to the data quoted by International Monetary Fund. This is likely to impel the growth of Intelligent Process Automation Marketover the period 2019-2026.

The Final Report will cover the impact analysis of COVID-19 on this industry.

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Intelligent process automation is the application of artificial intelligence and related new technologies, which include computer vision, cognitive automation, machine learning, and robotic process automation. It is integration of machine learning and robotic process automation, which assists the human work and has the tendency to improve over a period without any command. Intelligent process automation consists of five technologies. These include robotics process automation, smart workflow, machine learning, natural language generation, and cognitive agents.

Organizations are implementing the IPA worldwide to run their business cost-effectively. IPA provides several business benefits, like human-robot orchestration, automation of repetitive and scheduled tasks, ensuring sound governance and reducing risk compliance, process visibility across the whole customer journey, and business agility and speeding up the rapidly changing business processes. The IPA enables companies to identify, model, assess, evaluate, improve, optimize, manage and automate different company procedures to improve their efficiency.

Automation is revolutionizing business processes, both customer-facing, and back-office. Growing demand for automation-led transformation programs with the help of a digital workforce is one major factor driving the market growth. Technological advancements from robotic process automation to Artificial Intelligence (AI) are transforming the landscape of automation. The implementation is majorly focused on productivity, operational efficiency, and building new revenue-generating opportunities.

The Asia Pacific region is expected to have the highest CAGR in the intelligent process automation market during the forecast period, due to its growing technology adoption. This is due to the presence of rapidly growing economies, such as China and India. Rapid economic development, globalization, digitalization, and the increased adoption of cloud-based technologies are expected to drive the growth of the intelligent automation market in the Asia Pacific region.The key players profiled in the intelligent process automation market analysis are IBM Corporation, Atos, Tech Mahindra Limited, Accenture PLC, Tata Consultancy Services Limited, Infosys Limited, Capgemini SE, Cognizant, Genpact, and Xerox Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY MARKET SEGMENTSBy Component*Service*Solution

By Technology*Natural Language Processing*Machine & Deep Learning*Neural Networks*Virtual Agents*Mini Bots*Computer Vision*Others.

By Deployment Mode*Cloud*On-premise

End Users (Revenue, USD Billion*Telecom and IT*Banking, Financial Services, and Insurance (BFSI)*Transport and Logistics*Healthcare*Media and Entertainment*Manufacturing*Retail and ecommerce*Others

By Organization Size*Large Enterprises*SMEs

By Regional AnanlysisNorth America*U.S.*Canada

Europe*Germany*UK*France*Italy*Spain*Belgium*Russia*Netherlands*Rest of Europe

Asia-Pacific*China*India*Japan*Korea*Singapore*Malaysia*Indonesia*Thailand*Philippines*Rest of Asia-Pacific

Latin America*Brazil*Mexico*Argentina*Rest of LATAM

Middle East & Africa*UAE*Saudi Arabia*South Africa*Rest of MEA

Key companies profiled in the report include 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., and Tata Consultancy Services Ltd.

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Competitive Analysis:The Intelligent Process Automation Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included in this report with Porters five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

Key points covered in this report:*The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed.*The import and export details along with consumption value and production capability of every region is mentioned in the report.*Porters five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth.*The report provides the clients with the facts and figures about the market on the basis of evaluation of the industry through primary and secondary research methodologies.

ANSWERED TO THE FREQUENTLY ASKED QUESTIONS :

WHAT IS THE SCOPE OF THE REPORT?This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

WHAT ARE THE KEY SEGMENTS IN THE MARKET?*By product type*By End User/Applications*By Technology*By Region

WHICH MARKET DYNAMICS AFFECTS THE BUSINESS?The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

Key Topic Covered in this Report*Market Growth Opportunities*Leading Market Players*Market Size and Growth Rate*Market Growth Drivers*Company Market Share*Market Trends and Technological

The Intelligent Process Automation Market report highlight the economy, past and emerging trend of industry, and availability of basic resources. Furthermore, the market report explains development trend, analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Intelligent Process Automation Market before evaluating its possibility.

About Kenneth Research:Kenneth Research is a reselling agency which focuses on multi-client market research database. The primary goal of the agency is to help industry professionals including various individuals and organizations gain an extra edge of competitiveness and help them identify the market trends and scope. The quality reports provided by the agency aims to make decision making easier for industry professionals and take firm decisions which helps them to form strategies after complete assessment of the market. Some of the industries under focus include healthcare & pharmaceuticals, ICT & Telecom, automotive and transportation, energy and power, chemicals, FMCG, food and beverages, aerospace and defense and others. Kenneth Research also focuses on strategic business consultancy services and offers a single platform for the best industry market research reports.

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Intelligent Process Automation Market Key Insights Based on Product Type, End-use and Regional Demand Till 2026 - 3rd Watch News