The Cognitive Process Automation Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Cognitive Process Automation Market?
The market size of the Cognitive Process Automation has seen quick expansion in the past few years. It is projected to increase from $8.01 billion in 2024 to $9 billion in 2025, with a compound annual growth rate (CAGR) of 12.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Cognitive Process Automation Industry?
The Cognitive Process Automation market is predicted to expand to a size of $14.91 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 13.4%.
Download Your Free Sample of the 2025 Cognitive Process Automation Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Cognitive Process Automation Market?
The key drivers in the cognitive process automation market are:
• Rising education and awareness regarding automation benefits
• Vendor competition and innovation in the market
• Workforce transformation and augmentation due to cognitive automation
• Focus on cybersecurity and advancements in cloud computing
Global Market Segmentation: Identifying Major Cognitive Process Automation Industry Segments
The cognitive process automation market covered in this report is segmented –
1) By Type: Robotic Process Automation, Intelligent Automation
2) By Services: Finance, HR, Procurement, IT Operations
3) By Application: Natural Language, Pattern Identification, Locating Knowledge, Machine Learning, Endless Capacity, Speech-To-Text, Biometrics, Handwriting Recognition, Other Applications
4) By Industry Vertical: BFSI, Telecom, Information Technology, Logistics, Manufacturing, Healthcare, Other Industry Verticals
Pre-order the 2025 Cognitive Process Automation Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Cognitive Process Automation Market?
The key trends in the cognitive process automation market are:
• The move towards hyperautomation is becoming a significant trend.
• AI-driven automation is steadily gaining prominence in the market.
• Integration of process mining constitutes a key evolving trend.
• Contextual awareness and intelligent document processing are emerging as significant trends shaping the industry.
Who Are the Top Competitors & Leading Players in the Cognitive Process Automation Market?
Major companies in the cognitive process automation market are:
• Blue Prism Group PLC
• International Business Machines Corporation
• Kofax Inc.
• UiPath Inc.
• Automation Anywhere Inc.
• Celation Ltd.
• IPsoft Incorporated
• Kryon Systems Ltd.
• Pegasystems Inc.
• WorkFusion Inc.
• Verint Systems Inc.
• Redwood Software Inc.
• Appian Corporation
• Dynatrace LLC
• Datamatics Global Services Limited
• SaaS Labs Inc.
• ABBYY Software House
• FPT Software Company Limited
• EdgeVerve Systems Limited
• NTT Advanced Technology Corporation
• NICE Ltd.
• Altair Engineering Inc.
• Alteryx Inc.
• Hitachi Vantara LLC
• Moogsoft Inc.
• New Relic Inc.
• Splunk Inc.
• BigPanda Inc.
• Wipro Limited
• Infosys Limited
• Cognizant Technology Solutions Corporation
• Tata Consultancy Services Limited
• HCL Technologies Limited
• Capgemini SE
• Accenture PLC
• Deloitte Touche Tohmatsu Limited
• Ernst & Young Global Limited
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the cognitive process automation market in 2024
