How big is the Smart Process Application Market?

The Smart Process Application Market size is expected to reach USD 64.04 billion in 2024 and grow at a CAGR of 13.67% to reach USD 121.54 billion by 2029. Read More

What is the current Smart Process Application Market size?

In 2024, the Smart Process Application Market size is expected to reach USD 64.04 billion. Read More

Who are the key players in Smart Process Application Market?

Kofax Ltd, Salesforce.com, Inc., IBM Corporation, Appian Corporation and SAP SE are the major companies operating in the Smart Process Application Market. Read More

Which is the fastest growing region in Smart Process Application Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Smart Process Application Market?

In 2024, the North America accounts for the largest market share in Smart Process Application Market. Read More

What years does this Smart Process Application Market cover, and what was the market size in 2023?

In 2023, the Smart Process Application Market size was estimated at USD 55.29 billion. The report covers the Smart Process Application Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Smart Process Application Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Smart Process Application (SPA) Market Share

Statistics for the 2023 & 2024 Smart Process Application (SPA) market share, created by Mordor Intelligence™ Industry Reports. Smart Process Application (SPA) share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Smart Process Application (SPA) Industry

The smart process application (SPA) market exhibits a high degree of fragmentation, characterized by the presence of numerous small and medium-sized enterprises engaged in intense competition alongside large corporations. Notable players in this dynamic landscape include Kofax Ltd, Salesforce, IBM Corporation, and more. Recent significant developments within the market include:

In January 2023, HDFC Bank entered into a strategic partnership with Microsoft to revolutionize its digital journey. This collaboration aims to unlock substantial business value by undergoing a comprehensive transformation of the application portfolio, enhancing enterprise security, and modernizing the data landscape through Microsoft Cloud.

In March 2022, Datalogic S.p.A announced its acquisition of Pekat S.r.o. This company specializes in the development of proprietary algorithms utilizing machine learning and deep learning to automate processes across sectors such as Manufacturing, Transportation, and Logistics. Additionally, there is considerable potential for applying these technologies in the realm of retail applications.