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Research focused on the digital process automation market to grow USD 12.61 billion by 2023

The digital process automation ecosystem comprises service and solution providers, such as IBM (US), Appian (US), DST Systems (US), OpenText (Canada), K2 (US), Bizagi(England), DXC (US), Infosys (India), Oracle (US), Pegasystems (US), TIBCO(US), Software AG (Germany), Cognizant(US) , Mindtree (India), Newgen software (India), Nintex (US), Ayehu (US), Integrify (US), HelpSystems (US), Innov8tif (Malaysia), Novatio (US), Bonitasoft (France), Cortex (UK), PMG.net (US), and blue-infinity (Switzerland).

The digital process automation market size is expected to grow from USD 6.76 billion in 2018 to USD 12.61 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13.3%  during the forecast period.

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The key players in the Digital Process Automation Market include – IBM (US), Appian (US), DST Systems (US), OpenText (Canada), K2 (US), Bizagi(England), DXC (US), Infosys (India), Oracle  (US), Pegasystems (US), TIBCO(US), Software AG (Germany), Cognizant(US) , Mindtree (India), Newgen software (India), Nintex (US), Ayehu  (US), Integrify (US), HelpSystems (US), Innov8tif (Malaysia), Novatio (US), Bonitasoft (France), Cortex (UK), PMG.net  (US), and blue-infinity (Switzerland).

The report includes an in-depth competitive analysis of key players in the digital process automation market, with their company profiles, recent developments, and key market strategies. The research report segments the digital process automation market by component, business processes, deployment type, organization size, industry vertical, and region.

Digital Process Automation Market spread across 166 pages, profiling 25 companies and supported with 78 tables and 45 figures; Get More Details on Digital Process Automation Market by Industry @ www.rnrmarketresearch.com/contact…me=1585737

The digital process automation market size is expected to grow from USD 6.76 billion in 2018 to USD 12.61 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13.3%  during the forecast period. Digital process automation solutions empower enterprises and enable them to plan their business processes efficiently.

These solutions also help streamline business processes and improve operational efficiency, which enables companies to fully utilize their IT systems for catering to their customers’ dynamic requirements. The digital process automation market is expected to gain traction as organizations are deploying adequate digital process automation solutions to utilize their IT resources and reduce operational costs effectively.

However, data security concerns and difficulty in integrating with legacy systems may restrain the market’s growth.

Get Digital Process Automation Market by Component, Business Function (Sales Process Automation, Supply Chain Automation, Claims Automation, and Marketing Automation), Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast to 2023 @ www.rnrmarketresearch.com/contact…me=1585737

The solution segment is estimated to contribute to a larger market size in 2018.Digital process automation solutions help enterprises optimize their costs and resources, which further reduces their business risks. These solutions are widely adopted among industry verticals because of the increasing need to streamline business processes.

However, the services segment is expected to grow at a higher CAGR as organizations are focusing on reducing operational costs and providing positive customer experience.

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