The global business automation tools market is anticipated to grow at a CAGR of 9.8% during the forecast period (2023-2030). This growth is attributed to impactful strategies embraced by key market players, encompassing acquisitions, collaborations, and product launches. For instance,
• In June 2023, IBM Inc., announced a deal to acquire Apptio Inc, for $4.6 billion. This acquisition is anticipated to speed up the development of IBM's IT automation capabilities, delivering amplified business value through enhanced technology investments.
• In May 2023, UiPath expanded its partnership with SAP SE to offer the UiPath Business Automation Platform to customers. This expanded partnership accelerated digital transformation efforts, automates critical business operations, and eases migrations to SAP S/4HANA® reducing cost, time, and effort.
• In May 2023, Information Services Group (ISG), a global technology research and advisory firm, launched ISG Automation on Demand™, a cloud-hosted automation platform-as-a-service. The platform provided end-to-end automation of enterprise business processes and manages users' automation infrastructure, licenses, and maintenance.
• In December 2022, Salesforce launched a new Automation Everywhere Bundle to facilitate end-to-end workflow automation, automate across any system, and embed data and AI-driven workflows. This helped companies’ lower costs, and boost productivity.
• In August 2022, FLEETCOR Technologies, Inc., a global business payments company, acquired Accrualify, Inc., an account payable (AP) automation software company. The acquisition empowered FLEETCOR®'s portfolio of payment solutions and increased the platform's flexibility for corporate payments.
Browse the full report description of “Business Automation Tools Market Size, Share & Trends Analysis Report by type (Supply Chain Automation, Accounting and Finance Automation, Sales and Marketing Automation, Customer Service Support Automation, and Human Resources Automation), by Deployment (On-Premises and Cloud), and by Industry Vertical (BFSI, Retail and E-commerce, Manufacturing, IT and Telecom, Healthcare, and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/business-automation-tools-market
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Type
o By Deployment
o By Industry Vertical
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Includes IBM Corp., Oracle Corp., and Microsoft Corp., among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Business Automation Tools Market Report Segment
By Type
By Deployment
By Industry Vertical
Global Business Automation Tools Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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