target audience: TECH SUPPLIER Publication date: Sep 2023 - Document type: Market Forecast - Doc Document number: # EUR151173523
European Intelligent Process Automation Market Forecast, 2022–2027
Content
List of Tables
List of Figures
Get More
When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.
Related Links
Abstract
This IDC Market Forecast presents a European view of intelligent process automation software revenue from 2022 through to 2023-2027. It provides forecasts by software subsegment (i.e., labor-centric automation, system-centric automation, decision-centric automation, and business value engineering), deployment type (noncloud/cloud), and European subregion.
"The European intelligent process automation software market will grow at a CAGR of 23.3% over the next five years, with growth particularly strong in business value engineering and labor-centric automation," said Neil Ward-Dutton, vice president, Automation, AI and Analytics Europe, IDC. "Although the immediate effects of the COVID-19 pandemic are no longer felt across the region, the fallout from economic policy responses to the pandemic — and the direct and indirect impact of the Russia-Ukraine War — have contributed to challenging conditions. This is driving organizations to accelerate integration and automation of business processes, tasks, and decisions to increase resilience, agility, and efficiency."