TECH SUPPLIER Nov 2021 - Market Forecast - Doc # EUR147160921

European Intelligent Process Automation Market Forecast, 2021–2025

By:

Neil Ward-Dutton
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Abstract

This IDC Market Forecast presents a European view of intelligent process automation software revenue from 2020 through to 2021-2025. It provides forecasts by software subsegment (i.e., labor-centric automation, system-centric automation, decision-centric automation, and automation planning), deployment type (noncloud/cloud), and European subregion.

"The European intelligent process automation software market will grow at a CAGR of 20.8% over the next five years, with growth particularly strong in decision-centric automation and automation planning," said Neil Ward-Dutton, vice president, Automation, AI and Analytics Europe, IDC. "The COVID-19 pandemic dampened market growth a little in 2020 and 2021. However, it is also driving organizations to integrate automation of business processes, tasks, and decisions with more real-time understanding of their operational performance. Demand for automation of business operations will create a rebound in overall market growth from 2021 onward."


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