The global intelligent process automation (IPA) market is expected to grow from USD 3.5 billion in 2018 to USD 12.2 billion by 2030, at a CAGR of 18.6% during the forecast period. The growth of this market can be attributed to the increasing adoption of intelligent process automation solutions across various industries, such as banking, financial services and insurance (BFSI), IT and telecom, transport and logistics, media and entertainment, healthcare etc, which are driving the demand for these solutions globally.
The natural language processing segment is expected to lead the global intelligent process automation market during the forecast period owing to its wide applicability in various industries such as BFSI, IT & telecoms, transport & logistics etc, which are driving its demand globally. The machine & deep learning segment is also expected to show significant growth during the forecast period owing to its ability in automating complex tasks with minimal human intervention or supervision required for execution of these tasks.
- The need for automation is increasing as the number of tasks that can be automated increases.
- The cost of labor is increasing, which makes automation more attractive to companies.
- Automation will help companies stay competitive in a global market by reducing costs and improving quality and efficiency of production processes.
- Automation will help reduce the risk of human error, which can lead to costly mistakes or accidents in manufacturing plants or other industries where humans are involved in the process (e.g., healthcare).
- As technology improves, it becomes easier for machines to take on more complex tasks that were previously only possible with human intelligence (e.g., facial recognition).
Industry Growth Insights published a new data on “Intelligent Process Automation (IPA) Market”. The research report is titled “Intelligent Process Automation (IPA) Market research by Types (Natural Language Processing, Machine & Deep Learning, Neural Networks, Computer Vision, Virtual Agents, Others), By Applications (BFSI, IT & Telecom, Transport & Logistics, Media & Entertainment, Healthcare, Others), By Players/Companies Accenture, IBM, Cognizant, Genpact, Atos, Infosys, Tata Consultancy Services, Capgemini, Xerox Corporation, Pegasystems, Wipro, EXL Service, Thoughtonomy, Happiest Minds, Avasant, CGI Group, UiPath, HCL Technologies, Symphony Ventures, Avanade, Tech Mahindra, Blue Prism, Virtual Operations, Sutherland Global Services”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Process Automation (IPA) Market Research Report
By Type
Natural Language Processing, Machine & Deep Learning, Neural Networks, Computer Vision, Virtual Agents, Others
By Application
BFSI, IT & Telecom, Transport & Logistics, Media & Entertainment, Healthcare, Others
By Companies
Accenture, IBM, Cognizant, Genpact, Atos, Infosys, Tata Consultancy Services, Capgemini, Xerox Corporation, Pegasystems, Wipro, EXL Service, Thoughtonomy, Happiest Minds, Avasant, CGI Group, UiPath, HCL Technologies, Symphony Ventures, Avanade, Tech Mahindra, Blue Prism, Virtual Operations, Sutherland Global Services
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Intelligent Process Automation (IPA) Market Report Segments:
The global Intelligent Process Automation (IPA) market is segmented on the basis of:
Types
Natural Language Processing, Machine & Deep Learning, Neural Networks, Computer Vision, Virtual Agents, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, IT & Telecom, Transport & Logistics, Media & Entertainment, Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Accenture
- IBM
- Cognizant
- Genpact
- Atos
- Infosys
- Tata Consultancy Services
- Capgemini
- Xerox Corporation
- Pegasystems
- Wipro
- EXL Service
- Thoughtonomy
- Happiest Minds
- Avasant
- CGI Group
- UiPath
- HCL Technologies
- Symphony Ventures
- Avanade
- Tech Mahindra
- Blue Prism
- Virtual Operations
- Sutherland Global Services
 Market Overview.svg)
Highlights of The Intelligent Process Automation (IPA) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Language Processing
- Machine & Deep Learning
- Neural Networks
- Computer Vision
- Virtual Agents
- Others
- By Application:
- BFSI
- IT & Telecom
- Transport & Logistics
- Media & Entertainment
- Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intelligent Process Automation (IPA) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Intelligent Process Automation (IPA) is a process automation technology that enables businesses to automate their business processes in order to improve efficiency and effectiveness. IPA can be used to automate a wide range of business tasks, including customer service, sales processing, accounting, and manufacturing.
Some of the major players in the intelligent process automation (ipa) market are Accenture, IBM, Cognizant, Genpact, Atos, Infosys, Tata Consultancy Services, Capgemini, Xerox Corporation, Pegasystems, Wipro, EXL Service, Thoughtonomy, Happiest Minds, Avasant, CGI Group, UiPath, HCL Technologies, Symphony Ventures, Avanade, Tech Mahindra, Blue Prism, Virtual Operations, Sutherland Global Services.
The intelligent process automation (ipa) market is expected to grow at a compound annual growth rate of 18.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intelligent Process Automation (IPA) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Intelligent Process Automation (IPA) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intelligent Process Automation (IPA) Market - Supply Chain
4.5. Global Intelligent Process Automation (IPA) Market Forecast
4.5.1. Intelligent Process Automation (IPA) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intelligent Process Automation (IPA) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intelligent Process Automation (IPA) Market Absolute $ Opportunity
5. Global Intelligent Process Automation (IPA) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Intelligent Process Automation (IPA) Market Size and Volume Forecast by Type
5.3.1. Natural Language Processing
5.3.2. Machine & Deep Learning
5.3.3. Neural Networks
5.3.4. Computer Vision
5.3.5. Virtual Agents
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intelligent Process Automation (IPA) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Intelligent Process Automation (IPA) Market Size and Volume Forecast by Application
6.3.1. BFSI
6.3.2. IT & Telecom
6.3.3. Transport & Logistics
6.3.4. Media & Entertainment
6.3.5. Healthcare
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intelligent Process Automation (IPA) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Intelligent Process Automation (IPA) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Intelligent Process Automation (IPA) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Intelligent Process Automation (IPA) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Intelligent Process Automation (IPA) Demand Share Forecast, 2019-2029
9. North America Intelligent Process Automation (IPA) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Intelligent Process Automation (IPA) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Intelligent Process Automation (IPA) Market Size and Volume Forecast by Application
9.4.1. BFSI
9.4.2. IT & Telecom
9.4.3. Transport & Logistics
9.4.4. Media & Entertainment
9.4.5. Healthcare
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intelligent Process Automation (IPA) Market Size and Volume Forecast by Type
9.7.1. Natural Language Processing
9.7.2. Machine & Deep Learning
9.7.3. Neural Networks
9.7.4. Computer Vision
9.7.5. Virtual Agents
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Intelligent Process Automation (IPA) Demand Share Forecast, 2019-2029
10. Latin America Intelligent Process Automation (IPA) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Intelligent Process Automation (IPA) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Intelligent Process Automation (IPA) Market Size and Volume Forecast by Application
10.4.1. BFSI
10.4.2. IT & Telecom
10.4.3. Transport & Logistics
10.4.4. Media & Entertainment
10.4.5. Healthcare
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intelligent Process Automation (IPA) Market Size and Volume Forecast by Type
10.7.1. Natural Language Processing
10.7.2. Machine & Deep Learning
10.7.3. Neural Networks
10.7.4. Computer Vision
10.7.5. Virtual Agents
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Intelligent Process Automation (IPA) Demand Share Forecast, 2019-2029
11. Europe Intelligent Process Automation (IPA) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Intelligent Process Automation (IPA) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Intelligent Process Automation (IPA) Market Size and Volume Forecast by Application
11.4.1. BFSI
11.4.2. IT & Telecom
11.4.3. Transport & Logistics
11.4.4. Media & Entertainment
11.4.5. Healthcare
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intelligent Process Automtion (IPA) Market Size and Volume Forecast by Type
11.7.1. Natural Language Processing
11.7.2. Machine & Deep Learning
11.7.3. Neural Networks
11.7.4. Computer Vision
11.7.5. Virtual Agents
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Intelligent Process Automation (IPA) Demand Share, 2019-2029
12. Asia Pacific Intelligent Process Automation (IPA) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Intelligent Process Automation (IPA) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Intelligent Process Automation (IPA) Market Size and Volume Forecast by Application
12.4.1. BFSI
12.4.2. IT & Telecom
12.4.3. Transport & Logistics
12.4.4. Media & Entertainment
12.4.5. Healthcare
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intelligent Process Automation (IPA) Market Size and Volume Forecast by Type
12.7.1. Natural Language Processing
12.7.2. Machine & Deep Learning
12.7.3. Neural Networks
12.7.4. Computer Vision
12.7.5. Virtual Agents
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Intelligent Process Automation (IPA) Demand Share, 2019-2029
13. Middle East & Africa Intelligent Process Automation (IPA) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Intelligent Process Automation (IPA) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Intelligent Process Automation (IPA) Market Size and Volume Forecast by Application
13.4.1. BFSI
13.4.2. IT & Telecom
13.4.3. Transport & Logistics
13.4.4. Media & Entertainment
13.4.5. Healthcare
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intelligent Process Automation (IPA) Market Size and Volume Forecast by Type
13.7.1. Natural Language Processing
13.7.2. Machine & Deep Learning
13.7.3. Neural Networks
13.7.4. Computer Vision
13.7.5. Virtual Agents
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Intelligent Process Automation (IPA) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Intelligent Process Automation (IPA) Market: Market Share Analysis
14.2. Intelligent Process Automation (IPA) Distributors and Customers
14.3. Intelligent Process Automation (IPA) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Accenture
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IBM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cognizant
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Genpact
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Atos
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Infosys
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tata Consultancy Services
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Capgemini
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Xerox Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pegasystems
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wipro
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. EXL Service
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Thoughtonomy
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Happiest Minds
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Avasant
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. CGI Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. UiPath
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. HCL Technologies
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Symphony Ventures
14.4.19.1. Overview
14.4.19.2. Financi
