
European Intelligent Process Automation Market Forecast, 2022–2027
Description
European Intelligent Process Automation Market Forecast, 2022–2027
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."
Please Note: Extended description available upon request.
Table of Contents
18 Pages
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Help Organizations Understand How You Serve a Broad Automation Strategy
- Embrace Generative AI, But Don't Overplay It
- Help Organizations Understand True Skill Requirements
- Balance Features to Drive Participation with Features to Support Governance
- Balance the Drive to Monitor with the Need for Trust
- Market Forecast
- European IPA Software Revenue by Segment
- European IPA Software Revenue by Deployment Type
- European IPA Software Revenue by Region
- Market Context
- Drivers and Inhibitors
- Drivers
- Automation Development Becomes a Cross-Enterprise Capability
- Business Value Engineering will Align Automation and Process Improvement Efforts
- Supporting the Need for Trust
- Inhibitors
- Geopolitical Situation and Economic Slowdown
- Consolidation and the Rise of Multimodal Platforms
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Intelligent Process Automation Software
- Business Value Engineering Software
- Business Process Modeling Tools
- Process Mining
- Task Mining
- Observability
- Decision-Centric Automation
- Business Rules Management Software
- Predictive Analytics Software
- Labor-Centric Automation
- AI Automation
- Process Automation Platforms
- Robotic Process Automation Software
- System-Centric Process Automation
- Event-Driven Software
- Messaging-Oriented Middleware
- Event Brokers
- Event Stream Processing
- Integration and API Management
- API Management Software
- Integration Platforms
- Methodology
- Historical and Forecast Market Values and Exchange Rates
- Related Research
Pricing
Currency Rates
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