Press "Enter" to skip to content

Intelligent Process Automation Market: Global Trends, Size & Forecast 2023 – Major Leading Players are Accenture, IBM, Cognizant.

According to a new market research report “Intelligent Process Automation Market by Component (Solutions and Services), Technology (NLP, Machine & Deep Learning), Application (IT Operations, Business Process Automation, and Application Management), Vertical, and Region – Global Forecast to 2023″, published by MarketsandMarkets™, the Intelligent Process Automation Market is estimated to be USD 7.50 billion in 2018 and is projected to reach USD 13.75 billion by 2023, at a CAGR of 12.9% during the forecast period.

Key factors expected to drive the growth of the Intelligent Process Automation Market include the demand for automated IT systems that serve dynamic customer requirements, need for optimized resource utilization and enhanced decision-making, and increased investments for digital transformation of organizations.

Get 10% Free Customization @

Browse and in-depth TOC on “Intelligent Process Automation Market”
68 – Tables
58   – Figures
173 – Pages

The scope of this report covers the analysis of the intelligent process automation market based on component, technology, application, vertical, and region. Developing a single and unified intelligent process automation tool and building an automation-led transformation program using digital workforce are the factors offering growth opportunities for the intelligent process automation market. The real-time and adaptive analytics and Work Force Intelligence technology present in the intelligent process automation suite ensure that the automated processes are self-learning.

Based on component, the services segment of the intelligent process automation market is projected to grow at a higher CAGR than the solutions segment during the forecast period. The intelligent process automation services help enterprises in managing business resources and ensuring the smooth functioning of the intelligent process automation solutions. These services provide necessary support to uphold the efficiency of business processes, increase the growth opportunities for enterprises, and reduce their unwanted operating expenses.

Inquiry Before Buying @

Based on application, the business process automation segment of the market is projected to grow at the highest CAGR during the forecast period. Business process automation help companies to discover, model, analyze, measure, improve, optimize, manage, and automate their business processes, thereby enhancing their corporate performance. Presently, companies are focused on undergoing digital transformation and exploring new ways to use artificial intelligence to automate their operational processes.

The Asia Pacific intelligent process automation market is projected to grow at the highest CAGR during the forecast period. The growth of the Asia Pacific intelligent process automation market can be attributed to the increased technology adoption rate in the region. Moreover, rapid economic development in China, India, Russia, and South Korea are also fueling the growth of the Asia Pacific intelligent process automation market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441


Be First to Comment

Leave a Reply

%d bloggers like this: