Intelligent Process Automation Market on Surge: Forecasts a Market Size of $34.43 Billion by 2029

The Intelligent Process Automation market has been seeing a rapid growth in recent years. It is expected to surge from $18.09 billion in 2025 to a whopping $34.43 billion in 2029 at a compound annual growth rate (CAGR) of 17.5%. The major factors driving this growth include the adoption of AI-powered automation adaptation, cloud-based IPA solutions, industry-specific solutions, enhanced customer experience, and remote workforce support.

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What is Propelling the Growth of the Intelligent Process Automation Market?
The intelligent process automation market is being propelled significantly by the rise of automation in various industries. Technology applications where human intervention is minimized, such as Intelligent Process Automation, are used to automate repeatable business functions, thus improving workforce productivity and performance.

Which Segments Dominate the Intelligent Process Automation Market?
The intelligent process automation market majorly contributes its growth to the following segments
1) By Offering: Platform, Solution, Services
2) By Technology: Natural Language Processing, Machine and Deep Learning, Neural Networks, Virtual Agents, Mini Bots and RPA, Computer Vision, Other Technologies
3) By Deployment Mode: On Premises, Cloud
4) By Organization Size: Large Enterprises, SMEs
5) By Vertical: BFSI, Telecommunications and IT, Manufacturing and Logistics, Media and Entertainment, Retail and eCommerce, Healthcare and Life Sciences, Other Verticals

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Which Major Players Dominate the Intelligent Process Automation Market?
Major players in the intelligent process automation market include HCL Technologies, Pegasystems Inc., Virtual Operations, Atos SE, Happiest Minds Technologies, Cognizant, Mahindra & Mahindra Limited, Xerox Holdings Corporation, Wipro Limited, CGI Inc., Infosys Limited, Accenture PLC, UiPath, Genpact Ltd., Tata Consultancy Services, Capgemini SE, International Business Machines Corporation, NICE Systems Ltd., WorkFusion Inc., Automation Anywhere Inc., Hyper Labs Inc., AutomationEdge Technologies, Kofax Inc., Sutherland Global Services Inc., ExlService Holdings Inc., Avanade Inc., SAP SE, Mindtree Limited, Cisco Systems Inc., Alibaba Group Holding Ltd., CognitiveScale.

What are the Emerging Trends Affecting the Intelligent Process Automation Market?
The adoption of hyper-automation is one of the key trends gaining popularity in the intelligent process automation market. Innovative technologies are being created by major market players to maintain their standing.

Which Region Dominates the Intelligent Process Automation Market?
North America held the largest share of the intelligent process automation market in 2024. Other major regions covered in the intelligent process automation market report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.

What is Intelligent Process Automation and What Does the Market Report 2025 Offer?
Intelligent process automation refers to an automation process that applies artificial intelligence and other technological solutions to optimize workflow and increase productivity. It allows more time for an employee to work on critical tasks, thereby improving productivity and performance in various sectors. The Intelligent Process Automation Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

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