Business Process Automation Market | North America to Dominate Market Growth through 2023-2027
Business Process Automation (BPA) market is estimated to exhibit growth at a CAGR of 14.47% between 2022 and 2027 with a humongous revenue growth of USD 9,951.8 million. Rising demand for process automation in various industries, followed by the increase in the adoption of cloud-based solutions, and the mergers and acquisitions among players are some of the determinants that contributed to the market advancement. Our report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
North America to dominate the forecasted Market Growth: When it comes to the fastest-growing topography for Business Process Automation, North America is most likely to dominate the market growth with a contribution of 45% to the growth of the global market. Businesses are constantly striving to improve operational efficiency and reduce costs in this region also industries in the region are focusing on improving the quality of their products, safety, and productivity, for which they are adopting industrial automation.
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Business Process Automation (BPA) Market Growth at a Glance as per Geography
Key Companies of the Business Process Automation Market: Some of the major market players include prominent names like Bizagi Group Ltd., BONITASOFT SA, Compulink Management Center Inc., CREATION EMEA Ltd., DXC Technology Co., FlowForma, Genpact Ltd., International Business Machines Corp., Kissflow Inc., Microsoft Corp., etc among others.
For instance, an organization like Appian Corp. offers a business process automation solution namely Appian Platform for process automation and process mining. Our report on the Business Process Automation Market offers in-depth insights into key vendor profiles with a wider understanding of the business ecosystem. Download a sample report today.
Business Process Automation Market: Key Highlights of the Report for 2023-2027
Quick Info: PA refers to the use of technology and software applications to automate repetitive, manual, and time-consuming tasks and workflows within an organization which involves streamlining and optimizing business processes by replacing manual actions with automated processes, reducing human intervention, and improving efficiency.
