Intelligent Process Automation Market Size, Share, Growth Analysis, By Component(Solutions and Services), By Technology(NLP and Virtual Agents), By Vertical(BFSI, Retail & E-Commerce, IT & Telecommunication), By Region - Industry Forecast 2024-2031

Competition in the Intelligent Process Automation market consists of various significant players, including specialists such as Blue Prism and Pega Systems, and broad technology suppliers such as IBM, UiPath, and Automation Anywhere. These companies compete by customer services, functionality of their products, and technology development. Companies that try to enhance their technological competencies and commercial coverage take part in strategic alliances, mergers, and acquisitions. 

Intelligent Process Automation Market Top Player’s Company Profiles

• IBM 
• Genpact 
• Atos 
• Accenture 
• CGI 
• Infobip 
• Nice 
• TCS 
• Tech Mahindra 
• WIPRO 
• Happiest Minds 
• Oracle  
• Automation Anywhere 
• WORKFUSION 
• Uipath 

Intelligent Process Automation Market Recent Development

• May 2023: Ashling Partners, one of the world's leading providers of automation implementation and advisory services and a recognized expert in the fields, entered a strategic partnership with Bain & Company. The company is actively investing in Ashling with the aim of strengthening its relationship with a key partner for Bain‐™s Vector digital practices. Ashling is supported by THL, a premier private equity fund investing in middle-market growth companies. 
• June 2023: Accenture and Microsoft extended their long-time partnership in support of the ability of generative AI-powered cloud computing to transform industries. The two companies will also jointly work on new artificial intelligence-powered industrial and functional solutions to enable customers in pursuit of their goals by using generative AI across organizations-in concert with a joint venture called Avanade. 
• November 2023: Hikrobot has taken part in the 16th Automation Expo-2023 to showcase very recent novelty technologies and intelligent solutions. During the event, Hikrobot unveiled its four new products. Three different kinds of mobile robots such as LMR, FMR, and CTU have been showcased. The event was inaugurated by Vinayak Pai, Chief Guest and CEO, Tata Projects, in the presence of Vinayak Marathe, Honorary Guest and Head of India Business Operations of Phillips Townsend Associates, along with other stalwarts of the Indian Automation Sector.