Workflow Automation Market Outlook, Growth Factors, Industry Share, and Size By 2032
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Workflow Automation Market
Outlook, Growth Factors, Industry Share, Size By 2032 Automation helps in reducing operational costs by minimizing human errors, optimizing resource allocation, and speeding up processes. This leads to lower overheads, improved resource utilization, and better financial outcomes for organizations. Workflow automation is a strategy for enabling the independent performance of tasks, documents, and information across work-related activities in compliance with established business standards. Workflow automation is the development of automated operations for the steps in a business process. It is used to enhance routine business operations. Businesses that automate workflows are more productive, spend less time and money, and make fewer mistakes.
According to Straits Research, the global workflow automation market size was valued at USD 19.76 billion in 2023. It is expected to reach USD 45.49 billion in 2032, growing at a CAGR of 9.71% over the forecast period (2024-32).
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Workflow Automation Market
$45.49
CAGR 9.71%
USD Billion
$ 19.76
USD Billion
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2023
2032
Workflow Automation Market Main Market Players Covered in This Report:
A Summary of the Impact of COVID-
ü IBM Corporation
19 on this Market:
ü Software AG ü Oracle Corporation ü Pegasystems Inc.
The appearance of COVID-19 has transported the globe to a halt. We understand that this health disaster has brought an unprecedented impact on
ü Appian Corporation
businesses across industries. However, this too
ü Bizagi
shall pass. Growing support from governments
ü IPsoft Inc. (Amelia LLC)
and various companies can benefit in the fight
ü Newgen Software Technologies Limited ü Nintex Global Limited ü Xerox Corporation
against this highly transmissible disease. There are some businesses that are struggling and some are thriving. General, almost every sector is anticipated to be stuck by the pandemic
Workflow Automation Market The Workflow Automation Market has been segmented as below: ü By Deployment •
On-premise
•
Cloud
ü By End-user •
Banking
•
Telecom
•
Retail
•
Manufacturing & Logistics
We are taking nonstop efforts to help your business sustain and cultivate during COVID-19 pandemics. Based on our knowledge and expertise, we will provide you an impact analysis of coronavirus outbreaks across businesses to help you prepare for the future. Thanks for reading this article; you can also get distinct chapter-wise sections or region-wise report versions like Asia, US, Europe, Africa, etc.
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