USD 8.08 billion growth in Digital Process Automation Market| Evolving Opportunities with Appian Corp. and Bizagi Group Ltd. |17,000+ Technavio…

Posted: February 15, 2022 at 5:54 am

The surging adoption of business process management, rising demand for automation in enterprises, and low-cost of digital process automation platform will offer immense growth opportunities.The low-code integration is another factor supporting the digital process automation market share growth.Organizations in many verticals are constantly looking for new sectors or verticals through which they might lower their total operational costs.Low-code development is a general term that includes process development solutions, low-code application development, and software development tools. Low-code development platforms enable IT to quickly assemble new processes and build applications without having to research, write and test new scripts.

However, the data security and privacy issues will be a major challenge for the digital process automation market during the forecast period.Companies are increasingly concerned about sharing sensitive business data, and this issue is growing in the market. Malware, hacker attacks, and data theft are all important security dangers to the reliable execution of business processes.Although automation can be a huge assistance to businesses, it can also be dangerous if it is misused, neglected, or overused.

View Report Outlookfor more factors influencing the market growth.

Digital Process Automation Market2022-2026: Segmentation Analysis

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Digital Process Automation Market 2022-2026: Vendor Analysis and Scope

The digital process automation market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Some of the vendors and their key offeringscovered in the report are:

Some other dominant players covered in this report are:

The report also covers the following areas:

Digital Process Automation Market 2022-2026: Key Highlights

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Digital Process Automation Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 15.46%

Market growth 2022-2026

$ 8.08 billion

Market structure

Fragmented

YoY growth (%)

14.87

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 51%

Key consumer countries

US, UK, Canada, Japan, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Appian Corp., Bizagi Group Ltd., BP Logix Inc., Infosys Ltd., Innov8tif Solutions Sdn Bhd, International Business Machines Corp., Newgen Software Technologies Ltd., Open Text Corp., Oracle Corp., and Pegasystems Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Deployment

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [emailprotected]Website: http://www.technavio.com/

SOURCE Technavio

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USD 8.08 billion growth in Digital Process Automation Market| Evolving Opportunities with Appian Corp. and Bizagi Group Ltd. |17,000+ Technavio...

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