Europe Cognitive Process Automation Market Size & Outlook
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Europe cognitive process automation market highlights
- The Europe cognitive process automation market generated a revenue of USD 1,842.4 million in 2023.
- The market is expected to grow at a CAGR of 28.4% 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, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,842.4 million |
| Market revenue in 2030 | USD 10,572.1 million |
| Growth rate | 28.4% (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, Europe region accounted for 28.0% 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 |
|---|---|---|---|---|
| Verve Therapeutics Inc | View profile | 255 | 201 Brookline Avenue, Suite 601, Boston, MA, United States, 02215 | https://www.vervetx.com |
| WorkFusion | View profile | 251-500 | New York, New York, United States, North America | http://www.workfusion.com/ |
| Automation Anywhere | View profile | 1001-5000 | San Jose, California, United States, North America | https://www.automationanywhere.com |
| Blue Prism | View profile | 10001+ | London, England, United Kingdom, Europe | http://www.blueprism.com |
| NTT Data Group Corp | View profile | 202667 | Toyosu Center Building, 3-3, Toyosu 3-chome, Koto-ku, Yubinbango, Tokyo, Japan, 135-6033 | https://www.nttdata.com |
| Pegasystems Inc | View profile | 5406 | One Main Street, Cambridge, MA, United States, 02142 | https://www.pega.com |
| NICE Ltd ADR | View profile | 8384 | 13 Zarchin Street, P.O. Box 690, NICE 1, 2, 3, Ra'anana, Israel, 4310602 | https://www.nice.com |
| UiPath Inc Class A | View profile | 4035 | One Vanderbilt Avenue, 60th Floor, New York, NY, United States, 10017 | https://www.uipath.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Europe 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 Europe 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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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 continent-level data and insights on the Europe cognitive process automation market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cognitive process automation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe cognitive process automation market size, by country, 2017-2030 (US$M)
Europe Cognitive Process Automation Market Outlook Share, 2023 & 2030 (US$M)
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