The article cited AMA's "Global Intelligent Automation Market Study" explored CAGR of 12.65%. According to the report, Intelligent Process Automation with Natural Language Processors (NLPs) is one of the primary growth factors for the market. Automated IT Systems Help Serve Customers’ Dynamic Requirements
is also expected to contribute significantly to the Intelligent Automation market. Overall, IT Operations
applications of Intelligent Automation, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End-User Industry, such as Banking, Financial Services, and Insurance (BFSI), is boosting the Intelligent Automation market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Technology, such as Natural Language Processing, is boosting the Intelligent Automation market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Solution/Service Type, such as Solution, is boosting the Intelligent Automation market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Intelligent Automation market identified that the demand is rising in many different parts of the world as "Increasing Investments in Digital Transformation
". Furthermore, some recent industry insights like "August 2020 – Infosys a global leader in next-generation digital services and consulting, has announced the launch of AI-driven ‘Cognitive Email Workbench’ solution that gives enterprises the ability to augment query management and scale their helpdesk operations, significantly enhancing productivity and customer satisfaction. and September 2020 – Accenture announced a robust new generation of its intelligent automation platform Accenture myWizard, to help organizations unleash the power of automation to improve business agility, customer experience and innovation." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Intelligent Automation market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Intelligent Automation market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Intelligent Automation market size is calculated using market estimation process, the Intelligent Automation market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Intelligent Automation market size has been validated using both top-down and bottom-up approaches.