Intelligent Process Automation Market competitive analysis & industry trends

Intelligence Process Automation market is projected to grow at a CAGR of 13.4% during the forecasting period 2021-2027

Intelligent Process Automation is one of the major parts of a huge technological development. From driverless vehicles, to emergence of independent drones, automation is assisting to make immense high-end technologies available today for inventing and leveraging new form of intelligence. Intelligent Process Automation that usually referred as IPA, is an application of Artificial Intelligence and correlates to new softwares, that evolves computer vision, cognitive automation, machine learning and robotic process automation. The primary technology that makes up the IPA is DPA that is Digital Process Automation, Robotic Process Automation and Artificial Intelligence. This type of overlapping of devices increases the automation ability dramatically which evaluates the business value and also helps in having competitive advantages for the users. The main purpose of this technology is collecting the systems that helps in managing, automating and interrelating the digital process. The arrival of IPA helps in freeing up the humans from routine work, ensuring proper governance and minimizing risk, visibility of process, agility and speed of the overall process, etc. Increased acceptance rate of automation processes to convert workplaces productivity drives the growth of the intelligent process automation market. In addition, In the digital revolution, the increase in investment by entrepreneurs and the ability to make faster decisions in business, the progress in the adoption of automation software has led to the growth of the intelligence process automation market. 

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The Intelligent Process Automation Market report has been categorized as below

By Component

• Solutions

• Services

 By Technology

• Natural Language Processing

• Machine & Deep Learning

• Neural Networks

• Virtual Agents

• Mini Bots & RPA

• Computer Vision

• Others

By Application

• IT Operations

• Business Process Automation

• Application Management

• Content Management

• Security

• Others

By Vertical

• BFSI

• Telecom & IT

• Transport & Logistics

• Media & Entertainment

• Retail & Ecommerce

• Manufacturing

• Healthcare & Life Sciences

• Others

 By Region

• North America

• Europe

• Asia Pacific

• Rest of World

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