Middle East & Africa Cognitive Process Automation Market Size & Outlook
Middle East & Africa cognitive process automation market, 2017-2030 (US$M)
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MEA cognitive process automation market highlights
- The MEA cognitive process automation market generated a revenue of USD 458.3 million in 2023.
- The market is expected to grow at a CAGR of 27.1% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 458.3 million |
| Market revenue in 2030 | USD 2,461.4 million |
| Growth rate | 27.1% (CAGR from 2023 to 2030) |
| Largest segment | Robotic process automation |
| Fastest growing segment | Intelligent Process Automation |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 7.0% of the global cognitive process automation market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,686.4 million by 2030.
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Cognitive Process Automation Market Scope
Cognitive Process Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 62.43% in 2023. Horizon Databook has segmented the Middle East & Africa cognitive process automation market based on robotic process automation, intelligent process automation covering the revenue growth of each sub-segment from 2017 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa cognitive process automation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa cognitive process automation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA cognitive process automation market size, by country, 2017-2030 (US$M)
Middle East & Africa Cognitive Process Automation Market Outlook Share, 2023 & 2030 (US$M)
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