Global Digital Process Automation Market

Digital Process Automation Market Size, Share, Growth Analysis, By Component(Solution, Services), By Service(Professional Services (Advisory Services, Implementation Services, Support Services), Managed Services), By Business Function(Sales Process Automation, Supply Chain Automation, Claims Automation, Marketing Automation), By Deployment Type(Cloud, On-Premises), By Organization Size(Small and Medium-Sized Enterprises, Large Enterprises), By Industry Vertical(Manufacturing, Consumer Goods & Retail, Banking, Financial Services), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45F2130 | Region: Global | Published Date: October, 2024
Pages: 197 | Tables: 119 | Figures: 72

Digital Process Automation Market News

  • In March 2023, Telecom Egypt (TE), a prominent network provider in the country, unveiled a strategic collaboration with IBM aimed at integrating intelligent automation technologies into its operations support systems (OSS). This partnership entails leveraging IBM Cloud Pak for Watson AIOps, operating on RedHat OpenShift, and implementing IBM Robotic Process Automation (RPA) solutions across TE's mobile, fixed, and core networks. The envisioned solution is poised to offer TE a comprehensive view of its entire IT infrastructure, empowering the company to innovate swiftly, curtail operational expenses, and markedly reduce troubleshooting and resolution times for network-related events.
  • In February 2022, Nokia and Atos initiated a global collaboration focused on delivering cutting-edge 4/5G private wireless networking solutions and associated digital services for enterprises. This joint venture aims to foster novel working methodologies, fostering increased operational efficiency for businesses. By uniting the strengths of both companies in edge and cloud computing, the combined product, hosted on servers from Atos or Nokia, is tailored to support businesses navigating the transition to the 4.0 industrial revolution. This collaboration not only promises advanced technological solutions but also signifies a concerted effort to empower enterprises with the tools needed to thrive in an era of transformative technological evolution.
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Global Digital Process Automation Market size was valued at USD 11.5 billion in 2022 and is poised to grow from USD 13.04 billion in 2023 to USD 35.66 billion by 2031, growing at a CAGR of 13.40% during the forecast period (2024-2031).

The competitive landscape within the Digital Process Automation market is dynamic, marked by a combination of well-established brands, emerging players, and niche producers. Innovation stands out as a crucial competitive factor, prompting leading brands to allocate resources to research and development. This investment aims to introduce new flavors, packaging formats, and health-focused variations to address evolving consumer preferences. 'IBM (US) ', 'Pegasystems (US) ', 'Appian (US) ', 'Oracle (US) ', 'Software AG (Germany) ', 'OpenText Corporation (Canada) ', 'DXC Technology (US) ', 'Infosys (India) ', 'Cognizant (US) ', 'Mindtree (India) ', 'Newgen Software (India) ', 'Bizagi (UK) ', 'Nintex (US) ', 'Integrify (US) ', 'Innov8tif (Malaysia) ', 'Novatio Solutions (US) ', 'Bonitasoft (France) ', 'Cortex (UK) ', 'PMG (US)'

Digital system automation stands as a catalyst for profound organizational change, reshaping enterprise strategies via optimizing enterprise methods to supply a broader variety of products and services that provide vital enterprise capability, empowering businesses in the event that they build and implement them it innovates a new utility or solution faster, all with much less code obtained without having to feature additional lines of code. Integrating sustainability is proving to be an important component in bridging the space between business objectives and IT abilities, making it easier to construct purchaser-centric programs faster in a collaborative design and development environment within the field.

Responding to the demand for innovation and recognizing the obstacles offered by means of present day technology, groups of all sizes, structures and enterprise fashions are embracing virtual technique automation drug atomic length. Implementing a robotic device for enterprise purposes subsidized via a sturdy foundation of synthetic intelligence and gadget mastering gives companies a huge aggressive advantage.

During the forecast period, North America is poised to assert its dominance within the Digital Process Automation (DPA) market, particularly in phrases of revenue generation and the importance of strategic making plans now not in the place of job. 

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Global Digital Process Automation Market

Report ID: SQMIG45F2130

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