Digital Process Automation Market Size And Forecast
Digital Process Automation Market was valued at USD 6.59 Billion in 2018 and is projected to reach USD 16.6 Billion by 2026, growing at a CAGR of 12.17% from 2019 to 2026.
Rise in the use of digital process automation in cost-effectively managing business requirements and the increase in cloud-based digital process automation solutions and services fuels the growth of the market. The Global Digital Process Automation Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Digital Process Automation Market Definition
Digital process automation is the use of digital technology to deliver the process to achieve workflow. Many businesses realize the benefits of adopting digital process automation to their workflow that grows demand for the Digital Process Automation Market. Automation is the necessity of today’s business for decreasing time and minimum error. Rapid automation finds extensive applications in business processes such as marketing, production, sales, inventory control, supply chain, IT, and administration.
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Companies across all industries are realizing the significance of automating business processes for promoting end-to-end customer experience, intending to retain customers and acquire more of them. Digital process automation is predominately used in healthcare, energy and utility, media and entertainment, transport and logistics, telecom, IT, and retail and consumer goods.