After combing through 17 reports and surveys about the current automation market and 2023 automation trends, the findings and themes were synonymous. Executives in the field of intelligent automation, RPA, and digital transformation have revealed that the quest towards building autonomous enterprises has only just begun. Consumers, employees, and investors now anticipate companies to be flexible and capable of rolling out new services and features as the market requires. Higher inflation, supply chain disturbances, and anxieties associated with a potential worldwide recession are pushing companies to embrace and invest in intelligent automation.
At the same time, companies are working hard to maintain their workforce. Contrary to popular belief, software bots have always been about enhancing your existing workforce, not replacing employees. Organizations are now turning to intelligent automation to bridge their skills capabilities gaps and improve employee experiences.
By 2030, experts predict the RPA market will grow to $20.1 billion, and the variety of reports that we’ll cover more or less confirm these projections. Thanks to the emergence of low-code automation solutions, citizen developers have the power to take digital transformation into their own hands and use these tools to best fit their specific workplace needs.
Companies are not backing away from RPA and intelligent automation investments. We anticipate that 2023 will see a substantial development of digital footprints and innovation. Nonetheless, certain issues are still present. Some organizations are having difficulty utilizing their existing automation investments, while those who have yet to adopt such technologies are falling behind. Furthermore, organizations susceptible to recent global events and economic instability have had to reduce their technology spending in some areas.