Intelligent process automation (IPA) is a combination of technologies, including robotic process automation (RPA), artificial intelligence (AI), and digital process automation (DPA), used to manage, automate, and integrate digital processes. The global market for IPA is expected to reach USD 27,990 million by 2030, with a CAGR of 11.2% from 2022 to 2030. Key technologies in the market include machine learning and virtual agents, with the solution segment in the component category holding the largest market share.
