Saudi Arabia Cognitive Process Automation Market Size & Outlook
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Saudi Arabia cognitive process automation market highlights
- The Saudi Arabia cognitive process automation market generated a revenue of USD 171.5 million in 2023 and is expected to reach USD 896.5 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 26.7% 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 171.5 million |
| Market revenue in 2030 | USD 896.5 million |
| Growth rate | 26.7% (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, Saudi Arabia accounted for 2.6% 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 Middle East & Africa, Saudi Arabia cognitive process automation market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 809.4 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 |
Saudi Arabia 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 62.39% in 2023. Horizon Databook has segmented the Saudi Arabia 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia cognitive process automation market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia cognitive process automation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia Type - Cognitive Process Automation Market size, 2023 - 2030 (US$M)
Saudi Arabia Cognitive Process Automation Market Outlook Share, 2023 & 2030 (US$M)
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