About Form Automation Software
The form automation software can be helpful for an organization for creating and managing electronic forms; certain tools are used to completely digitize the life-cycle of a form as it allows for a truly paperless workflow and the highest degree of automation and efficiency. This software can also be used to mitigate the wasteful tasks and tedious manual work occurring from the routine processes by enabling enterprises to easily create interactive web Forms that can be accessed through multiple devices. Form of automation software can provide a wide scope for managing the legacy paper forms; the printed text is automatically scanned using Optical Character Recognition (OCR) techniques to create a digital copy of the document.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.1% |
The competitive landscape of the forms automation software market is fragmented, with a number of vendors offering different features and functionality. However, the major vendors are increasingly focusing on providing integrated solutions that can automate the entire document management process. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Form Automation Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Prontoforms Corporation (Canada), Microsoft Corporation (United States), Forms on Fire, Inc. (United States), Jotform Inc. (United States), Paperform (Australia), Formstack (United States), Zoho Corporation (India), Process flows (United Kingdom), Zumesoft Solutions Pty Ltd. (Australia) and Cognito LLC (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Open Text Corporation (Canada), ProcessMaker (United States), GoCanvas (United States) and Rocketgenius, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Form Automation Software market by and Region.
On the basis of geography, the market of Form Automation Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Enterprise Size, the sub-segment i.e. Large Enterprise will boost the Form Automation Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pricing Option, the sub-segment i.e. Subscription Based will boost the Form Automation Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment Type, the sub-segment i.e. Cloud-based will boost the Form Automation Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. BFSI will boost the Form Automation Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Latest Technological Advancement such as Artificial Intelligence
Market Growth Drivers:
Increasing need to streamline operations within businesses and enterprises to improve data collection and productivity is driving the market growth., Cost-Saving, Time-Saving, Improved Workflow, And Optimized Data Entry and Benefits of Digitalizing Content across Enterprises
Challenges:
Data Privacy Concerns
Restraints:
Reluctance among the Customers/Clients to Adopt Such Software
Opportunities:
Increasing Adoption of Cloud-Based Services and Cloud Computing
Market Leaders and their expansionary development strategies
In March 2023, CASEpeer Announces Partnership With Milestones Automation Software, The Milestones software keeps clients up to date on cases with automatic messaging notifications, allowing lawyers to spend more time focusing on the case itself. Milestones integrated into the CASEpeer platform provides consistent notifications, reporting, and education to every phase of client cases.
In September 2023, Survey platform SurveyMonkey launched of SurveyMonkey Forms. The solution will allow users to create web forms using pre-built templates, customizable fields and third-party integrations as well as workflow automation to increase the efficiency of form development.
Key Target Audience
Form Automation Software Developers, Software Developers and System Integrators, Technical Developers, Industrial Bodies and Associations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.