Digital process automation market is anticipated to grow at a CAGR of 12.8% during the forecast period. Digital process automation uses low-code development tools to automate processes that can span multiple applications. It focuses on fully or partially automating tasks involved in a variety of business practices that typically require some form of human interaction. The growing demand for low code automation platforms is expected to propel the market growth during the forecast period. Low code automation offers improved agility, decreased cost, higher productivity, better customer experience, and more. Thus, such benefits associated with digital process automation are impelling market players to introduce new solutions and services. For instance, in March 2021, Ultimus, Inc. initiated the devlopment of the low-code application platform, the Ultimus Digital Process Automation Suite 2021. This new Ultimus version offers expanded AI/ML capabilities, faster solution composition, simplified end-to-end automation, improved user experience, comprehensive security, and tools for business owner control. Ultimus unites the three principal Ultimus product modules: Composed Process Solutions, Ultimus Adaptive BPM Suite, and Ultimus Advanced Task Service/WebClient. Ultimus’ “prescriptive” low-code application development environment is a “software factory” that generates highly sophisticated, tailor-made software applications with exceptional speed, consistency, and quality.
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Industry forecasting is performed to present in-depth understanding of industry tactics. A clear picture on current and upcoming market happenings are provided in this report. Critical factors are highlighted in this Digital Process Automation Market study report for enabling business owners take important decision making in terms of decide on the right business doing ideas. Moreover, it aims at offering forthcoming improvements, market restraints and market drivers for the forecast period 2022-2028. It assists novel firms to retain their place in the market. Prioritized market info is discussed through this detailed Digital Process Automation Market
This Market report predicts novel product introduction will bring drop in sales or growth in sales. Such an illustrative Digital Process Automation Market report enables major firm to stay reorganized on the most current trends and offers best idea about overall demand for particular product offering. Through this global report, it is also possible to acquire a competitive edge. All the COVID-19 related information is covered in this Digital Process Automation Market study report along with its major impact of globe’s major firms. It makes easy the work of key players and enables to take data-driven and beneficial decision in terms of making best investments, which techniques to apply and marketing budget of different products. It has many advantages to provide for available or novel services, product and brands. Methodologies captured in this market study report enable central participants to attain the best results to the specific business aims as well as challenges. Getting fast customer feedback is easy with this market study report.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Digital Process Automation Market Report Segment
By Deployment
- Cloud
- On-Premises
By Component
- Solution
- Services
By End-Users
- Aerospace & Defense
- Healthcare
- Manufacturing
- Retail
- IT & Telecommunication
- Transport & Logistics
- BFSI
- Others
Global Digital Process Automation Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global digital process automation market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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