Australia Cognitive Process Automation Market Size & Outlook
The cognitive process automation market in Australia is expected to reach a projected revenue of US$ 854.6 million by 2030. A compound annual growth rate of 32.2% is expected of Australia cognitive process automation market from 2024 to 2030.
Revenue, 2023 (US$M)
$121.3
Forecast, 2030 (US$M)
$854.6
CAGR, 2024 - 2030
32.2%
Report Coverage
Australia
Australia cognitive process automation market, 2017-2030 (US$M)
Related Markets
Australia cognitive process automation market highlights
- The Australia cognitive process automation market generated a revenue of USD 121.3 million in 2023 and is expected to reach USD 854.6 million by 2030.
- The Australia market is expected to grow at a CAGR of 32.2% from 2024 to 2030.
- In terms of segment, robotic process automation was the largest revenue generating type in 2023.
- Intelligent Process Automation is the most lucrative type segment registering the fastest growth during the forecast period.
Cognitive process automation market data book summary
| Market revenue in 2023 | USD 121.3 million |
| Market revenue in 2030 | USD 854.6 million |
| Growth rate | 32.2% (CAGR from 2023 to 2030) |
| Largest segment | Robotic process automation |
| Fastest growing segment | Intelligent Process Automation |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Robotic Process Automation, Intelligent Process Automation |
| Key market players worldwide | Automation Anywhere, Blue Prism, Verve Therapeutics Inc, International Business Machines Corp, Microsoft Corp, NICE Ltd ADR, NTT Data Group Corp, Pegasystems Inc, UiPath Inc Class A, WorkFusion |
Other key industry trends
- In terms of revenue, Australia accounted for 1.8% of the global cognitive process automation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India cognitive process automation market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,409.3 million by 2030.
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Cognitive Process Automation Market Scope
Cognitive process automation market segmentation & scope
Machine Learning
Natural Language Processing
Pattern Identification
Biometrics
Optical Character Recognition (OCR)
Others (Eliminate Bias, Endless Capacity)
BFSI
IT & telecommunication
Transportation & Logistics
Retail & E-commerce
Media & Entertainment
Manufacturing
Healthcare & Life Sciences
Energy & Utilities
Others (Education & Real estate)
Cognitive Process Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia cognitive process automation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cognitive process automation market will help companies and investors design strategic landscapes.
Robotic process automation was the largest segment with a revenue share of 62.41% in 2023. Horizon Databook has segmented the Australia cognitive process automation market based on robotic process automation, intelligent process automation covering the revenue growth of each sub-segment from 2017 to 2030.
- Australia Cognitive Process Automation Type Outlook (Revenue, USD Million, 2017-2030)
- Robotic Process Automation
- Intelligent Process Automation
- Australia Cognitive Process Automation Services Outlook (Revenue, USD Million, 2017-2030)
- Finance
- Procurement
- HR
- IT Operations
- Australia Cognitive Process Automation Application Outlook (Revenue, USD Million, 2017-2030)
- Machine Learning
- Natural Language Processing
- Pattern Identification
- Biometrics
- Optical Character Recognition (OCR)
- Others (Eliminate Bias, Endless Capacity)
- Australia Cognitive Process Automation Industry Vertical Outlook (Revenue, USD Million, 2017-2030)
- BFSI
- IT & telecommunication
- Transportation & Logistics
- Retail & E-commerce
- Media & Entertainment
- Manufacturing
- Healthcare & Life Sciences
- Energy & Utilities
- Others (Education & Real estate)
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Our clientele includes a mix of cognitive process automation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia cognitive process automation market , including forecasts for subscribers. This country databook contains high-level insights into Australia cognitive process automation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia cognitive process automation market size, by type, 2017-2030 (US$M)
Australia Cognitive Process Automation Market Outlook Share, 2023 & 2030 (US$M)
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