Office Automation Market Size, Top Trends, Outlook Report To 2024 To 2033

The new report published by The Business Research Company, titled ""Office Automation Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the office automation market size has grown strongly in recent years. It will grow from $95.06 billion in 2023 to $103.62 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The office automation market size is expected to see strong growth in the next few years. It will grow to $147.73 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%.

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Role Of Cloud Computing In Driving Office Automation Market Growth
The expansion of cloud computing is expected to propel the growth of the office automation market going forward. Cloud computing is the provision of computing services, such as servers, storage, databases, networking, software, and analytics, via the internet (the cloud) to offer faster innovation, flexible resources, and economies of scale. The expansion of cloud computing is due to several significant factors, including disaster recovery, security and compliance, cost-effectiveness, integration and interoperability, and digital transformation. Cloud computing enhances office automation by providing scalable, flexible, and cost-effective solutions accessible from anywhere with an internet connection. It supports real-time collaboration through cloud-based tools, facilitates secure data storage and automated backups, and enables software as a service (SaaS) for applications without extensive IT infrastructure. For instance, in December 2023, according to the European Union, a Netherlands-based international organization, the percentage of European Union businesses that bought cloud computing services increased by 4.2 percentage points in 2023 compared to 2021. Therefore, the expansion of cloud computing is driving the growth of the office automation market.

Office Automation Leaders Unveil Real-Time Platforms, Intradiem Launches Back-Office Automation Solution For Streamlined Productivity
Major companies operating in the office automation market focus on developing innovative technologies, such as real-time automation platforms, and offering solutions to streamline productivity and efficiency. Real-time automation platforms are systems or software solutions designed to automate tasks and processes instantly, without delay. These platforms can process data and execute actions immediately in response to specific triggers or events, providing up-to-date and accurate outcomes. For instance, in February 2021, Intradiem Inc., a US-based management consulting company, introduced the real-time automation platform into back-office operations. This new automation solution for back-office operations shines for its adaptability, data-driven approach, smooth integration, and strict adherence to compliance. It's set to reshape back-office automation, offering organizations a way to streamline administrative tasks and elevate operational performance.

The office automation market covered in this report is segmented -

1) By Type: Cloud-Based, On-Premise
2) By Application: Small And Medium Enterprises, Large Enterprises
3) By End-User: Banking, Financial Services And Insurance (BFSI), Government, Healthcare, Manufacturing, Other End-Users

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Major companies operating in the office automation market are International Business Machines Corporation, Oracle Systems Corporation, NEC Corporation, Alibaba Group Holding Limited, Lexmark International Inc., Pershing Limited, Yonyou Network Technology Co. Ltd., UiPath Inc., Bill Holdings Inc., Kingdee International Software Group Limited, Tencent Holdings Ltd., Zoho Creator, Blue Prism India Private Limited, Synapse Financial Technologies Inc., GlossGenius Inc., Integrify Inc., Altitude Business Systems Ltd., Kryon Systems Ltd., Codeless Platforms Ltd., AutomationEdge Pvt. Ltd., WorkFusion Inc., Integrity Legal Services Ltd., Jinher Inc., Weaver Network Technology Co. Ltd

Contents of the report:
1. Executive Summary
2. Office Automation Market Report Structure
3. Office Automation Market Trends And Strategies
4. Office Automation Market - Macro Economic Scenario
5. Office Automation Market Size And Growth
…..
27. Office Automation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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