Helpdesk Automation Market Size, Share Analysis And Forecast To 2033

"The Business Research Company recently released a comprehensive report on the Global Helpdesk Automation Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, The helpdesk automation market size has grown exponentially in recent years. It will grow from $4.65 billion in 2023 to $6.14 billion in 2024 at a compound annual growth rate (CAGR) of 31.9%. The growth in the historic period can be attributed to increasing demand for efficient customer support services, growing adoption of cloud-based technologies, rising use of automation technologies like chatbots and virtual assistants, demand for improved customer data management and analysis, focus on enhancing employee productivity through automation.

The helpdesk automation market size is expected to see exponential growth in the next few years. It will grow to $18.85 billion in 2028 at a compound annual growth rate (CAGR) of 32.4%. The growth in the forecast period can be attributed to growth in demand for industrial automation in manufacturing sectors, rise in digital process automation across various industries, adoption of modern technologies becoming standard practice in businesses, focus on improving ticket management and reducing human error, need for quicker resolution times accessibility. Major trends in the forecast period include growing adoption of AI and machine learning technologies for personalized customer support, Increased focus on enhancing customer data management and analysis, rising demand for efficient and effective customer support services.

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Market Drivers and Trends:

The increasing workflow automation is expected to propel the growth of the helpdesk automation market going forward. Workflow automation refers to the use of technology to automate manual, repetitive tasks and streamline business processes. The increasing workflow automation is due to the need to improve efficiency, reduce costs, enhance productivity, and ensure compliance. Helpdesk automation helps streamline workflow automation by integrating ticketing systems, automating ticket routing, providing self-service options, utilizing chatbots, and offering data analysis for process optimization. For instance, in January 2022, according to a study conducted by the Department for Digital, Culture, Media & Sport (DCMS) there is a projected substantial rise in AI technology adoption from 15.1% in 2020 to 22.7% in 2025, with an added 267,000 businesses integrating AI into their processes. Additionally, it's anticipated that around 34.8% of businesses will have embraced AI by 2050, totaling approximately 1.3 million companies utilizing this technology. Therefore, increasing workflow automation is driving the growth of the helpdesk automation market.

Major companies operating in the helpdesk automation market are developing advanced technologies such as artificial intelligence (AI) to increase their profitability in this market. Artificial intelligence refers to machines simulating human intelligence processes, allowing them to execute tasks such as learning, reasoning, and decision-making. For instance, in August 2023, Kognitos, a US-based software company, launched a generative AI automation platform. The generative AI automation platform allows business users to execute various tasks related to planning, verifying, running, and maintaining business process automation using natural language. The key features include Self Service for All, which enables users to create automation without prior training, and Human Language Interpreter 2.0, which interprets human language business processes as code and integrates with productivity tools, enterprise resource planning (ERP), customer relationship management (CRM), and databases.

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Major Key Players of the Market:

NTRglobal S.L., Broadcom Inc., Salesforce Inc., ServiceNow Inc., Atlassian Pty Ltd., BMC Software Inc., Zendesk Inc., SolarWinds Worldwide LLC, TeamViewer AG, Ivanti Inc., Freshworks Inc., ConnectWise LLC, Kaseya Limited, Sunrise Software Limited, Spiceworks LLC, Resolve Systems LLC, IFS Capital Limited, Kayako Ltd., SunView Software Inc., NetIQ Corporation, Groove Networks LLC, Vision Helpdesk, HappyFox Inc., Tenfold, Deskero Srl

Helpdesk Automation Market 2024 Key Insights:

• The helpdesk automation market size is expected to see exponential growth in the next few years. It will grow to $18.85 billion in 2028 at a compound annual growth rate (CAGR) of 32.4%.
• Impact Of Increasing Workflow Automation On Helpdesk Automation Market
• Advanced Technologies In The Helpdesk Automation Market
• North America was the largest region in the helpdesk automation market in 2023

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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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