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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%NEW YORK, July 19, 2018 /PRNewswire/ -- The growing need to optimize business processes for meeting the dynamic requirements of customers is expected to drive the overall digital process automation market. Asia Pacific (APAC) is expected to be the fastest growing region during the forecast period. APAC is expected to be the fastest growing region during the forecast period.Rapid economic developments, globalization, digitalization, and the increased adoption of cloud-based technologies are expected to drive the growth of the digital process automation market in the APAC region. Furthermore, the growing need for cost optimization and effective utilization of IT infrastructures are expected to propel the demand for digital process automation solutions and its associated services. In the process of determining and verifying the total market size, several segments and subsegments were gathered through secondary research, and extensive primary interviews were conducted with key people. The breakdown of the profiles of the primary participants is as follows: • By Company: Tier 1 – 30%, Tier 2 – 45%, and Tier 3 – 25% • By Designation: C-level – 70%, Director-level – 19%, and Manager-level – 11% • By Region: North America – 40%, Europe – 20%, APAC – 30%, and MEA– 10% 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). Research Coverage 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. Reasons to Buy the Report The digital process automation market has been segmented by component, business function, deployment type, organization size, industry vertical, and region. The report would help market leaders/new entrants in this market in the following ways: 1. The report segments the digital process automation market comprehensively and provides the closest approximations of the revenue numbers for the overall market segments and subsegments. The market numbers are further split across different industry verticals and regions. 2. The report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. 3. This report helps stakeholders understand their competitors better and gain more insights to improve the position of their businesses. There is a separate section on the competitive landscape, including competitor ecosystems, and mergers & acquisitions. Besides, there are company profiles of major vendors who offer digital process automation solution and services. Read the full report: https://www.reportlinker.com/p05476467 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker |