Cognitive Process Automation Market - Forecast (2021 - 2026)

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Cognitive Process Automation MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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• Cognitive Process Automation market size was
  valued at 3.89 billion in 2019, and it is
  estimated to grow at a CAGR of 11.83 during
  2020-2025.
• The growth is mainly attributed to the increasing
  adoption of automation technologies in industries
  such as BFSI, healthcare, IT and Telecom and
  other industries is set to drive the market
  growth. Adoption of this technology in industries
  to enhance the conventional performance of their
  processes using knowledge-based workflows propel
  the market growth.

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• Key Takeaways
• North America dominated the Cognitive Process
  Automation market in term of revenue in 2019
  owing to the early adoption of advanced
  technologies and presence of major number of
  players.
• Integration of advanced technologies such as
  artificial intelligence, natural language
  processing, machine learning with cognitive
  capabilities set to drive the market growth.
• Increasing adoption of cognitive process
  automation in healthcare sector for proper
  maintenance of medical records is set to drive
  the market growth.

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By Distribution Channel- Segment
Analysis Robotic Process Automation held the
major market share of 53.42 in 2019. Robotic
process automation tools can eliminate repeatable
and predictable human interactions with business
applications and this increases the market
growth. Adoption of robotic process automation
helps the businesses in cost savings, providing
quality work in enhanced cycle time which set to
drive the market growth. As this technology
doesnt require any special technical skills, it
helps workers in doing their jobs more
efficiently and effectively which is poised to
enhance the market growth.
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• Cognitive Process Automation Market Outlook 
• Arago
• Automation Anywhere
• Blue Prism
• Celation Ltd
• IBM
• IPSoft
• Kofax
• Kryon Systems
• UiPath

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Cognitive Process Automation Market Forecast
(2021 - 2026) Learn More About the Report
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tive-process-automation-market.html
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  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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