Business Process Automation Market Insights Video

According to Cognitive Market Research, The Global Business Process Automation market size is USD 10.2 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 12.80% from 2023 to 2030.

• The demand for business process automation is rising because of the increased need to optimize resource utilization, streamline communication across different business functions, continue business operations, and get the benefits of automated IT systems, all of which contribute to the rising demand for business process automation solutions.
• The demand for cloud-based BPA software remains high because deploying BPA solutions in the cloud is faster than on-premises. Companies who want to reap the benefits of automation must apply it at this rate.
• IT & Telecom held the highest business process automation market revenue share in 2023. 
• Asia-Pacific business process automation market will continue to lead, whereas the Middle East and Africa business process automation tools market will experience the most substantial growth until 2030.