North America Cognitive Process Automation Market Size & Outlook
The cognitive process automation market in North America is expected to reach a projected revenue of US$ 10,101.1 million by 2030. A compound annual growth rate of 24.5% is expected of North America cognitive process automation market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,182.5
Forecast, 2030 (US$M)
$10,101.1
CAGR, 2024 - 2030
24.5%
Report Coverage
North America
North America cognitive process automation market, 2017-2030 (US$M)
Related Markets
North America cognitive process automation market highlights
- The North America cognitive process automation market generated a revenue of USD 2,182.5 million in 2023.
- The market is expected to grow at a CAGR of 24.5% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,182.5 million |
| Market revenue in 2030 | USD 10,101.1 million |
| Growth rate | 24.5% (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, North America region accounted for 33.1% 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 segmentation & scope
Cognitive Process Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 62.42% in 2023. Horizon Databook has segmented the North America cognitive process automation market based on robotic process automation, intelligent process automation covering the revenue growth of each sub-segment from 2017 to 2030.
- North America Cognitive Process Automation Type Outlook (Revenue, USD Million, 2017-2030)
- Robotic Process Automation
- Intelligent Process Automation
- North America Cognitive Process Automation Services Outlook (Revenue, USD Million, 2017-2030)
- Finance
- Procurement
- HR
- IT Operations
- North America 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)
- North America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America cognitive process automation market , including forecasts for subscribers. This continent databook contains high-level insights into North America cognitive process automation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America cognitive process automation market statistics, by country, 2017-2030 (US$M)
North America Cognitive Process Automation Market Outlook Share, 2023 & 2030 (USD Million)
Related regional statistics
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