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Global Intelligent Process Automation Market is driven by better optimization in the organization and to gain a major competitive edge within the market. Intelligent process automation is more focused towards reducing the costs and increasing the revenue. This is projecting a rise in estimated value from USD 7.34 billion in 2018 to an estimated value of USD 19.79 billion by 2026, registering a CAGR of 13.2% in the forecast period of 2019-2026.
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Intelligent process automation can be defined as process of implementing the artificial intelligence, cognitive automation, machine learning and computer vision to the robotics. Intelligent process automation is an integration of machine learning and robotic process automation which assist the human work and have the tendency to improve over a period of time without any command.
In October 2018, Automation Anywhere launched Apeople – an online community, for the experts and practitioners of robotic process automation, business process automation and artificial intelligence. In September 2018, Eggplant RPA by eggplant has been launched which can do or automate the work which is being done by the human using DAI technology. It has the capability of conversion and migration of 500,000 files which reduce the chances of overlapping of work using DAI technology
Key Competitors of Intelligent Process Automation Market
Automation Anywhere, UiPath, Blue Prism, Pegasystems, Kofax, SAP, AutomationEdge, Eggplant, Softomotive, Kryon, Autologyx®, Echelon, Sanbot Robotics, AntWorks, Nice Robot Corporation, LarcAI Robotics, Cinnamon AI, Innovative Computing Systems, Inc.
Global Intelligent Process Automationmarket is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of facial makeup market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Segmentation of Intelligent Process Automation Market
Global Intelligent Process Automation Market By Technology (Natural Language Processing, Machine and Deep Learning, Neural Networks, Virtual Agents, Mini Bots and RPA, Computer Vision, Others), Component (Solutions, Services), Vertical (Banking, Financial Services, and Insurance, Telecommunications and IT, Transport and Logistics, Media and Entertainment, Retail and E-Commerce, Manufacturing, Healthcare and Life Sciences, Others), Application (IT Operations, Business Process Automation, Application Management, Content Management, Security, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Statistics series and base year evaluation is finished using statistics collection modules with big sample sizes. The marketplace records is analyzed and forecasted the usage of marketplace statistical and coherent models. Additionally marketplace share analysis and key trend evaluation are the most important fulfillment factors within the marketplace record.
The important thing studies technique utilized by DBMR studies team is records triangulation which includes records mining, evaluation of the impact of data variables on the market, and primary (enterprise expert) validation. other than this, other records models consist of dealer positioning grid, market time line analysis, market assessment and manual, enterprise positioning grid, enterprise market proportion analysis, standards of dimension, pinnacle to bottom analysis and dealer share analysis. To recognize more about the studies technique, drop in an inquiry to talk to our industry professionals.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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