Quick Summary:
Advancements across the globe herald the rise of a new era, with Automation becoming its heartbeat. With the global market for Business Process Automation predicted to reach US$35.5 Billion by 2030, from an estimation of US$14.1 Billion in 2022, it is an undeniable truth that this sector is on the verge of transforming the corporate landscape. Even as On-Premises solutions are projected to grow significantly, the emergence of disruptive technologies in the Cloud segment ensures remarkable growth in coming years.
As a senior business executive, staying abreast of these developments will be beneficial for your strategic future planning, investment decisions, and business projections. Our comprehensive market research report encapsulates in-depth analysis, industry trends, and competitor strategies. Notable markets, including the U.S and China, are put under the microscope to provide a staggering wealth of knowledge that puts you ahead in understanding the evolving contours of the Business Process Automation market.
Global Business Process Automation Market to Reach $35.5 Billion by 2030
The global market for Business Process Automation estimated at US$14.1 Billion in the year 2022, is projected to reach a revised size of US$35.5 Billion by 2030, growing at a CAGR of 12.2% over the analysis period 2022-2030. On-Premises, one of the segments analyzed in the report, is projected to record 9.7% CAGR and reach US$16.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cloud segment is readjusted to a revised 15.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 16.7% CAGR
The Business Process Automation market in the U.S. is estimated at US$3.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.2 Billion by the year 2030 trailing a CAGR of 16.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 10% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.Select Competitors (Total 122 Featured) -
- ABB
- IBM Corporation
- Infosys Limited
- Polycom
- Rockwell Automation
- SAP SE
- Schneider Electric
- Siemens
- Tata Consultancy Services Limited
- Yokogawa
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Business Process Automation?
What is the growth rate of the Global Market for Business Process Automation?
What is the forecasted size of the Global Market for Business Process Automation?
Who are the key companies in the Global Market for Business Process Automation?
| Report Attribute | Details |
|---|---|
| No. of Pages | 133 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 14.1 Billion |
| Forecasted Market Value ( USD | $ 35.5 Billion |
| Compound Annual Growth Rate | 12.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB
- IBM Corporation
- Infosys Limited
- Polycom
- Rockwell Automation
- SAP SE
- Schneider Electric
- Siemens
- Tata Consultancy Services Limited
- Yokogawa
