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Intelligent Process Automation Ipa Market

Intelligent Process Automation (IPA) Market Forecasts to 2028 – Global Analysis By Data Type (Structured, Unstructured), Component (Services, Solutions), Deployment (Cloud, On-Premise), and By Geography

4.9 (29 reviews)
Published: September 2021 ID: SMRC20975
4.9 (29 reviews)
Published: September 2021 ID: SMRC20975

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Intelligent Process Automation (IPA) Market is accounted for $8.35 billion in 2020 and is expected to reach $23.16 billion by 2028 growing at a CAGR of 13.6% during the forecast period. Rising investments in digital transformation, growing automation of enterprises across industry verticals, and increasing developments in connected devices are the major factors propelling the market growth. However, high initial cost of implementing IPA and lack of technical expertise are hampering the market growth.

Intelligent process automation (IPA) is an application technology. Its software is meant with extra features like AI and related new technologies that include cognitive automation, machine learning, and computer vision which are used for top volume handling and repeatable tasks. It is very helpful in improving business processes by reducing the human hand to help workers by eliminating repetitive, replicable, and routine tasks, and thus it improves the customer experience by simplified interactions and faster processes. Furthermore, this IPA helps in doing add an easy and better way within time and improves the efficiency and reaction time of the processes. Hence, it increases the worker’s performance, customer experience and reduces the operational risks. To design a replacement generation of hardware and software to automate industrial processes, a couple of factors like improvement in sensors, advances in machine learning techniques, and increasing computing power are helpful.

Based on technology, the machine and deep learning segment is estimated to have a lucrative growth due to the significant contribution of machine learning to extend efficiency and improve intelligent automation technologies. Moreover, this technology allows systems to review automatically, and therefore the main intention is to develop computer programs which will access the info and utilize it to find out from it.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the presence of rapidly growing economies, like China and India. Rapid economic development, globalization, digitalization, and therefore the increased adoption of cloud-based technologies are expected to drive the expansion of the intelligent automation market within the Asia Pacific region. Companies operating during this region enjoy flexible economic conditions, industrialization, and globalization-motivated policies of governments also because the expanding digitalization within the region.

Some of the key players profiled in the Intelligent Process Automation (IPA) Market include Accenture, Atos, Avasant, Blue Prism, Capgemini, CGI Group, Cognizant, Dell EMC Corp, Genpact, HCL Technologies, IBM, Infosys, Pegasystems, SAP SE, Syntel, Tata Consultancy Services, Tech Mahindra, Thoughtonomy, UiPath, Wipro, WorkFusion, and Xerox Corporation
 
Data Types Covered:
• Structured
• Unstructured

Business Functions Covered:
• Compliance
• Finance
• Legal
• Operations

Components Covered:
• Services
• Solutions

Organization Sizes Covered:
• Small and Medium-sized Enterprises (SME)
• Large Enterprises

Technologies Covered:
• Cognitive Technology
• Computer Vision
• Machine and Deep Learning
• Mini Bots
• Natural Language Processing
• Neural Networks
• Virtual Agents

Deployments Covered:
• Cloud
• On-Premise

Applications Covered:
• Business Process Automation
• Application Management
• Enterprise Content Management
• Security
• Human Resource Management
• Incident Resolution
• Service Orchestration
• Business Process Management
• Customer Experience Management
• Business Intelligence and Analytics
• Enterprise Mobility
• Robotic Process Automation
• Information Technology (IT) Operations

End Users Covered:
• Banking, Financial Services, and Insurance (BFSI)
• Consumer Goods
• Defense
• Education
• Energy and Utilities
• Food & Beverage
• Government and Public Sector
• Healthcare and Life Sciences
• Manufacturing
• Media and Entertainment
• Retail and E-commerce
• Telecommunications and IT
• Transport and Logistics
• Travel and Hospitality

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary         
           
2 Preface       
   
 2.1 Abstract         
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology       
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach        
 2.5 Research Sources        
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions       
           
3 Market Trend Analysis        
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats         
 3.6 Technology Analysis       
 3.7 Application Analysis       
 3.8 End User Analysis        
 3.9 Emerging Markets        
 3.10 Impact of Covid-19        
           
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry        
           
5 Global Intelligent Process Automation (IPA) Market, By Data Type    

 5.1 Introduction        
 5.2 Structured        
 5.3 Unstructured        
           
6 Global Intelligent Process Automation (IPA) Market, By Business Function   

 6.1 Introduction        
 6.2 Compliance         
 6.3 Finance         
 6.4 Legal         
 6.5 Operations        
           
7 Global Intelligent Process Automation (IPA) Market, By Component    
 7.1 Introduction        
 7.2 Services         
  7.2.1 Professional Services      
   7.2.1.1 Advisory/Consulting     
   7.2.1.2 Design and Implementation     
   7.2.1.3 Support and Maintenance     
   7.2.1.4 Training       
  7.2.2 Managed Services       
 7.3 Solutions         
  7.3.1 Platforms       
  7.3.2 Software Tools       
           
8 Global Intelligent Process Automation (IPA) Market, By Organization Size   
 8.1 Introduction        
 8.2 Small and Medium-sized Enterprises (SME)     
 8.3 Large Enterprises        
           
9 Global Intelligent Process Automation (IPA) Market, By Technology    
 9.1 Introduction        
 9.2 Cognitive Technology       
 9.3 Computer Vision        
 9.4 Machine and Deep Learning       
 9.5 Mini Bots         
 9.6 Natural Language Processing       
 9.7 Neural Networks         
 9.8 Virtual Agents        
           
10 Global Intelligent Process Automation (IPA) Market, By Deployment    
 10.1 Introduction        
 10.2 Cloud         
 10.3 On-Premise        
           
11 Global Intelligent Process Automation (IPA) Market, By Application    
 11.1 Introduction        
 11.2 Business Process Automation       
 11.3 Application Management       
 11.4 Enterprise Content Management      
 11.5 Security         
 11.6 Human Resource Management      
 11.7 Incident Resolution        
 11.8 Service Orchestration       
 11.9 Business Process Management      
 11.10 Customer Experience Management      
 11.11 Business Intelligence and Analytics      
 11.12 Enterprise Mobility        
 11.13 Robotic Process Automation       
 11.14 Information Technology (IT) Operations      
           
12 Global Intelligent Process Automation (IPA) Market, By End User    

 12.1 Introduction        
 12.2 Banking, Financial Services, and Insurance (BFSI)     
 12.3 Consumer Goods        
 12.4 Defense         
 12.5 Education        
 12.6 Energy and Utilities        
 12.7 Food & Beverage        
 12.8 Government and Public Sector       
 12.9 Healthcare and Life Sciences       
 12.10 Manufacturing        
 12.11 Media and Entertainment       
 12.12 Retail and E-commerce       
 12.13 Telecommunications and IT       
 12.14 Transport and Logistics       
 12.15 Travel and Hospitality       
           
13 Global Intelligent Process Automation (IPA) Market, By Geography    
 13.1 Introduction        
 13.2 North America        
  13.2.1 US        
  13.2.2 Canada        
  13.2.3 Mexico        
 13.3 Europe         
  13.3.1 Germany        
  13.3.2 UK        
  13.3.3 Italy        
  13.3.4 France         
  13.3.5 Spain        
  13.3.6 Rest of Europe       
 13.4 Asia Pacific        
  13.4.1 Japan        
  13.4.2 China        
  13.4.3 India        
  13.4.4 Australia        
  13.4.5 New Zealand       
  13.4.6 South Korea       
  13.4.7 Rest of Asia Pacific       
 13.5 South America        
  13.5.1 Argentina       
  13.5.2 Brazil        
  13.5.3 Chile        
  13.5.4 Rest of South America      
 13.6 Middle East & Africa       
  13.6.1 Saudi Arabia       
  13.6.2 UAE         
  13.6.3 Qatar        
  13.6.4 South Africa       
  13.6.5 Rest of Middle East & Africa      
           
14 Key Developments         
 14.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 14.2 Acquisitions & Mergers       
 14.3 New Product Launch       
 14.4 Expansions        
 14.5 Other Key Strategies       
           
15 Company Profiling         
 15.1 Accenture        
 15.2 Atos         
 15.3 Avasant         
 15.4 Blue Prism        
 15.5 Capgemini        
 15.6 CGI Group        
 15.7 Cognizant        
 15.8 Dell EMC Corp        
 15.9 Genpact         
 15.10 HCL Technologies        
 15.11 IBM         
 15.12 Infosys          
 15.13 Pegasystems        
 15.14 SAP SE         
 15.15 Syntel          
 15.16 Tata Consultancy Services       
 15.17 Tech Mahindra        
 15.18 Thoughtonomy        
 15.19 UiPath         
 15.20 Wipro         
 15.21 WorkFusion        
 15.22 Xerox Corporation        


List of Tables          
1 Global Intelligent Process Automation (IPA) Market Outlook, By Region (2019-2028) ($MN)  
2 Global Intelligent Process Automation (IPA) Market Outlook, By Data Type (2019-2028) ($MN)  
3 Global Intelligent Process Automation (IPA) Market Outlook, By Structured (2019-2028) ($MN) 
4 Global Intelligent Process Automation (IPA) Market Outlook, By Unstructured (2019-2028) ($MN) 
5 Global Intelligent Process Automation (IPA) Market Outlook, By Business Function (2019-2028) ($MN) 
6 Global Intelligent Process Automation (IPA) Market Outlook, By Compliance (2019-2028) ($MN) 
7 Global Intelligent Process Automation (IPA) Market Outlook, By Finance (2019-2028) ($MN)  
8 Global Intelligent Process Automation (IPA) Market Outlook, By Legal (2019-2028) ($MN)  
9 Global Intelligent Process Automation (IPA) Market Outlook, By Operations (2019-2028) ($MN) 
10 Global Intelligent Process Automation (IPA) Market Outlook, By Component (2019-2028) ($MN) 
11 Global Intelligent Process Automation (IPA) Market Outlook, By Services (2019-2028) ($MN)  
12 Global Intelligent Process Automation (IPA) Market Outlook, By Professional Services (2019-2028) ($MN)
13 Global Intelligent Process Automation (IPA) Market Outlook, By Managed Services (2019-2028) ($MN) 
14 Global Intelligent Process Automation (IPA) Market Outlook, By Solutions (2019-2028) ($MN)  
15 Global Intelligent Process Automation (IPA) Market Outlook, By Platforms (2019-2028) ($MN)  
16 Global Intelligent Process Automation (IPA) Market Outlook, By Software Tools (2019-2028) ($MN) 
17 Global Intelligent Process Automation (IPA) Market Outlook, By Organization Size (2019-2028) ($MN) 
18 Global Intelligent Process Automation (IPA) Market Outlook, By Small and Medium-sized Enterprises (SME) (2019-2028) ($MN)
19 Global Intelligent Process Automation (IPA) Market Outlook, By Large Enterprises (2019-2028) ($MN) 
20 Global Intelligent Process Automation (IPA) Market Outlook, By Technology (2019-2028) ($MN) 
21 Global Intelligent Process Automation (IPA) Market Outlook, By Cognitive Technology (2019-2028) ($MN)
22 Global Intelligent Process Automation (IPA) Market Outlook, By Computer Vision (2019-2028) ($MN) 
23 Global Intelligent Process Automation (IPA) Market Outlook, By Machine and Deep Learning (2019-2028) ($MN)
24 Global Intelligent Process Automation (IPA) Market Outlook, By Mini Bots (2019-2028) ($MN)  
25 Global Intelligent Process Automation (IPA) Market Outlook, By Natural Language Processing (2019-2028) ($MN)
26 Global Intelligent Process Automation (IPA) Market Outlook, By Neural Networks (2019-2028) ($MN) 
27 Global Intelligent Process Automation (IPA) Market Outlook, By Virtual Agents (2019-2028) ($MN) 
28 Global Intelligent Process Automation (IPA) Market Outlook, By Deployment (2019-2028) ($MN) 
29 Global Intelligent Process Automation (IPA) Market Outlook, By Cloud (2019-2028) ($MN)  
30 Global Intelligent Process Automation (IPA) Market Outlook, By On-Premise (2019-2028) ($MN) 
31 Global Intelligent Process Automation (IPA) Market Outlook, By Application (2019-2028) ($MN) 
32 Global Intelligent Process Automation (IPA) Market Outlook, By Business Process Automation (2019-2028) ($MN)
33 Global Intelligent Process Automation (IPA) Market Outlook, By Application Management (2019-2028) ($MN)
34 Global Intelligent Process Automation (IPA) Market Outlook, By Enterprise Content Management (2019-2028) ($MN)
35 Global Intelligent Process Automation (IPA) Market Outlook, By Security (2019-2028) ($MN)  
36 Global Intelligent Process Automation (IPA) Market Outlook, By Human Resource Management (2019-2028) ($MN)
37 Global Intelligent Process Automation (IPA) Market Outlook, By Incident Resolution (2019-2028) ($MN) 
38 Global Intelligent Process Automation (IPA) Market Outlook, By Service Orchestration (2019-2028) ($MN)
39 Global Intelligent Process Automation (IPA) Market Outlook, By Business Process Management (2019-2028) ($MN)
40 Global Intelligent Process Automation (IPA) Market Outlook, By Customer Experience Management (2019-2028) ($MN)
41 Global Intelligent Process Automation (IPA) Market Outlook, By Business Intelligence and Analytics (2019-2028) ($MN)
42 Global Intelligent Process Automation (IPA) Market Outlook, By Enterprise Mobility (2019-2028) ($MN) 
43 Global Intelligent Process Automation (IPA) Market Outlook, By Robotic Process Automation (2019-2028) ($MN)
44 Global Intelligent Process Automation (IPA) Market Outlook, By Information Technology (IT) Operations (2019-2028) ($MN)
45 Global Intelligent Process Automation (IPA) Market Outlook, By End User (2019-2028) ($MN)  
46 Global Intelligent Process Automation (IPA) Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2019-2028) ($MN)
47 Global Intelligent Process Automation (IPA) Market Outlook, By Consumer Goods (2019-2028) ($MN) 
48 Global Intelligent Process Automation (IPA) Market Outlook, By Defense (2019-2028) ($MN)  
49 Global Intelligent Process Automation (IPA) Market Outlook, By Education (2019-2028) ($MN)  
50 Global Intelligent Process Automation (IPA) Market Outlook, By Energy and Utilities (2019-2028) ($MN) 
51 Global Intelligent Process Automation (IPA) Market Outlook, By Food & Beverage (2019-2028) ($MN) 
52 Global Intelligent Process Automation (IPA) Market Outlook, By Government and Public Sector (2019-2028) ($MN)
53 Global Intelligent Process Automation (IPA) Market Outlook, By Healthcare and Life Sciences (2019-2028) ($MN)
54 Global Intelligent Process Automation (IPA) Market Outlook, By Manufacturing (2019-2028) ($MN) 
55 Global Intelligent Process Automation (IPA) Market Outlook, By Media and Entertainment (2019-2028) ($MN)
56 Global Intelligent Process Automation (IPA) Market Outlook, By Retail and E-commerce (2019-2028) ($MN)
57 Global Intelligent Process Automation (IPA) Market Outlook, By Telecommunications and IT (2019-2028) ($MN)
58 Global Intelligent Process Automation (IPA) Market Outlook, By Transport and Logistics (2019-2028) ($MN)
59 Global Intelligent Process Automation (IPA) Market Outlook, By Travel and Hospitality (2019-2028) ($MN)
           
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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