Business Process Automation Industry Statistics

In this post, we will explore the significant impact of automation in the business process automation (BPA) industry. From the exponential growth projections to the tangible benefits observed by companies, the statistics paint a clear picture of the widespread adoption and effectiveness of automation technologies. Stay tuned to learn more about the evolving landscape of BPA and the key insights driving this transformative industry.

Statistic 1

"The global Business Process Automation (BPA) market size was valued at USD 8.77 billion in 2020."

Statistic 2

"The global BPA market is expected to grow at a compound annual growth rate (CAGR) of 10.8% from 2021 to 2028 to reach USD 24.63 billion by 2028."

Statistic 3

"50% of businesses have set their sights on incorporating automation into business processes to drive efficiency and productivity."

Statistic 4

"Robotic Process Automation (RPA) can speed up business processes by up to 20 times."

Statistic 5

"Approx 69% of workers believe that automation will allow them to spend more time on their primary job duties."

Statistic 6

"The RPA market is expected to reach $7.2 billion by 2025, as part of the BPA industry."

Statistic 7

"Almost 70% of business leaders used automation to respond to the impact of the COVID-19 pandemic."

Statistic 8

"53% of businesses are expected to start their RPA journey within the next two years."

Statistic 9

"61% of business decision-makers believe AI and automation are helping their organizations achieve their business goals."

Statistic 10

"An estimated 60% of all occupations could save 30% of their time with automation."

Statistic 11

"The average amount of processes automated by businesses is expected to increase from 58% in 2021 to 71% in 2022, and to 77% in 2023."

Statistic 12

"The biggest industries investing in BPA processes are banking (29%), healthcare (28%), insurance (22%) and retail (15%)."

Statistic 13

"Approximately 50% of companies not currently using RPA plan to begin deployment in the next two years."

Statistic 14

"73% of surveyed organisations achieved the business value they sought from RPA."

Based on the statistics presented, it is evident that the Business Process Automation (BPA) industry is experiencing significant growth and adoption across various sectors. The data highlights the positive impact of automation on businesses, with a strong emphasis on driving efficiency, productivity, and achieving business goals. The rise of Robotic Process Automation (RPA) is particularly noteworthy, with its potential to speed up processes, free up time for workers, and deliver tangible value to organizations. With a growing number of businesses planning to invest in automation in the coming years, it is clear that BPA is playing an increasingly crucial role in reshaping the future of work across industries such as banking, healthcare, insurance, and retail.