U.K. Cognitive Process Automation Market Size & Outlook
The cognitive process automation market in the UK is expected to reach a projected revenue of US$ 2,681.9 million by 2030. A compound annual growth rate of 27.4% is expected of the UK cognitive process automation market from 2024 to 2030.
- Enterprise Technology & Automation
- Enterprise Software & SaaS
- Cognitive Process Automation Market Outlook
- Enterprise Software & SaaS
Revenue, 2023 (US$M)
$493.5
Forecast, 2030 (US$M)
$2,681.9
CAGR, 2024 - 2030
27.4%
Report Coverage
UK
U.K. Cognitive Process Automation Market, 2017-2030 (US$M)
Global Market
Related Markets
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UK cognitive process automation market highlights
- The UK cognitive process automation market generated a revenue of USD 493.5 million in 2023 and is expected to reach USD 2,681.9 million by 2030.
- The UK market is expected to grow at a CAGR of 27.4% 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.
Cognitive process automation market data book summary
| Market revenue in 2023 | USD 493.5 million |
| Market revenue in 2030 | USD 2,681.9 million |
| Growth rate | 27.4% (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, UK accounted for 7.5% 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 Europe, Germany cognitive process automation market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 1,744.5 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 |
|---|---|---|---|---|
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| UiPath Inc Class A | View profile | 4,035 | One Vanderbilt Avenue, 60th Floor, New York, NY, United States, 10017 | www.uipath.com |
| NICE Ltd ADR | View profile | 8,384 | 13 Zarchin Street, P.O. Box 690, NICE 1, 2, 3, Ra'anana, Israel, 4310602 | www.nice.com |
| Pegasystems Inc | View profile | 5,406 | One Main Street, Cambridge, MA, United States, 02142 | www.pega.com |
| NTT Data Group Corp | View profile | 202,667 | Toyosu Center Building, 3-3, Toyosu 3-chome, Koto-ku, Yubinbango, Tokyo, Japan, 135-6033 | www.nttdata.com |
| Blue Prism | View profile | 10001+ | London, England, United Kingdom, Europe | www.blueprism.com |
| Automation Anywhere | View profile | 1001-5000 | San Jose, California, United States, North America | www.automationanywhere.com |
| WorkFusion | View profile | 251-500 | New York, New York, United States, North America | www.workfusion.com/ |
| Verve Therapeutics Inc | View profile | 255 | 201 Brookline Avenue, Suite 601, Boston, MA, United States, 02215 | www.vervetx.com |
U.K. 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 Outlook 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 U.K. cognitive process automation market based on robotic process automation, intelligent process automation covering the revenue growth of each sub-segment from 2017 to 2030.
- U.K. Cognitive Process Automation Market Type Outlook (Revenue, USD Million , 2017-2030)
- Robotic Process Automation
- Intelligent Process Automation
- U.K. Cognitive Process Automation Market Services Outlook (Revenue, USD Million , 2017-2030)
- Finance
- Procurement
- HR
- IT Operations
- U.K. Cognitive Process Automation Market Application Outlook (Revenue, USD Million , 2017-2030)
- Machine Learning
- Natural Language Processing
- Pattern Identification
- Biometrics
- Optical Character Recognition (OCR)
- Others (Eliminate Bias, Endless Capacity)
- U.K. Cognitive Process Automation Market 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 country-level data and insights on the U.K. Cognitive Process Automation Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Cognitive Process Automation Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
U.K. Cognitive Process Automation Market, 2017-2030 (US$M)
UK Type - Cognitive Process Automation Market Statistics, 2023 - 2030 (US$M)
