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The Global Workflow Automation Market size is expected to reach $17.3 billion by 2023, rising at a market growth of 22% CAGR during the forecast period. Workflow automation is a seamless way to manage manual and paper-based processes which generally have unstructured tasks involving people, processes, and content. Workflow and Content Automation (WCA) is the process of consolidating traditional workflow and content generation into a whole new category to address the needs of a digital business. The adoption of workflow automation is several of the business processes has led to various kinds of strategic partnerships between workflow automation tool vendors, BPO?s and other service providers. Additionally, implementation of workflow automation in sectors such as utilities, supply chain management, and finance and accounting are underway. Based on Types, the market report segments the market into Software and Services.
Service Type includes Professional and Managed Services. Based on Process, the Global Workflow Automation market segments the market into Automated Software, Decision Support & Management Software, and Interaction Software. Based on Operation, the market report segments the market into Rule Based, Knowledge Based, and Robotic Process Automation Based. Based on Organization Size, the market report segments the market into Small & Medium Enterprises and Large Enterprises. Based on Deployment Type, the Global Workflow Automation market segments the market into Small & Medium Enterprises and Large Enterprises. Based on Vertical, the market report segments the market into BFSI, Government, Healthcare, Manufacturing, Retail, Telecom & IT, Travel, Hospitality & Transportation, and Others. Based on Regions, the Global Workflow Automation market segments the market into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The market research report covers the analysis of key stake holders of the Global Workflow Automation Market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Pegasystems Inc., Software AG, Xerox Corporation, Appian, Vision Software S.A. (Bizagi), IPsoft, Inc., Newgen Software Technologies Limited, and Nintex Global Limited.