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The global digital process automation market was valued at $12.37 billion in 2021, and is estimated to reach $42.7 billion by 2031, growing at a CAGR of 13.2%. Digital process automation (DPA) is the use of technology to automate and streamline business processes. This can include tasks such as data entry, document management, and workflow management. The goal of DPA is to improve efficiency, reduce errors, and increase productivity. Key factors driving the growth of the digital process automation market include increase in the integration of AI and machine learning in automation and surge in adoption of the low-code automation platform.
