Workflow Automation Market Projected to Hit USD 99.05 Billion by 2032, Expanding at 23.56% CAGR

Apr 22, 2025
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Market Definition:


The market refers to the industry focused on providing software and tools that automate repetitive business processes, tasks, and workflows across various departments. These solutions streamline operations by using predefined rules and logic to complete tasks with minimal human intervention.


The global Workflow Automation Market size was valued at USD 18.67 billion in 2024 and is projected to grow from USD 22.53 billion in 2025 to USD 99.05 billion by 2032, exhibiting a CAGR of 23.56% during the forecast period.


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Market Overview


Workflow automation involves the use of technology to automate complex business processes and functions beyond traditional data manipulation and record-keeping activities. The primary goal is to streamline business operations, reduce human intervention, and minimize errors, leading to improved productivity and efficiency.


The market's growth is propelled by several factors, including the rising demand for operational efficiency, the need for compliance and regulatory adherence, and the increasing complexity of business processes that necessitate automation.


List of Key Companies in Workflow Automation Market:


  • Kissflow Inc.
  • IBM
  • Nintex
  • Process Street, Inc.
  • Smartsheet Inc.
  • Software GmbH
  • Oracle
  • Pegasystems Inc
  • Xerox Corporation
  • Microsoft
  • Newgen Software Technologies Limited.
  • Software GmbH
  • Appian
  • Concentrix Corporation

Recent Developments (M&A /Product Launches)


In April 2025
, AnyMind Group launched AnyAI Workflow to accelerate enterprise digital transformation through AI-powered automation. Built on its integrated data and AI platform, the solution enables efficient implementation and operation of AI agents. A newly formed expert team will provide end-to-end support, helping businesses overcome labor shortages and complexity by streamlining workflows and enhancing decision-making capabilities.


Key Market Drivers


Digital Transformation Initiatives



Organizations worldwide are undergoing digital transformation to stay competitive in the rapidly evolving business landscape. According to IDC, global investment in digital transformation is expected to reach USD 3.4 trillion by 2026, representing a CAGR of 16.3% from 2022 to 2026. This surge in digital initiatives is driving the demand for workflow automation solutions that can streamline operations and enhance efficiency.


Cost Reduction and Operational Efficiency


Automation technologies, particularly robotic process automation (RPA), are enabling organizations to automate repetitive tasks, leading to significant cost savings and improved operational efficiency. McKinsey & Company estimates that automation technologies could save firms up to USD 15 trillion in wages annually by 2030, highlighting the potential financial benefits of adopting workflow automation.


Cloud-Based Solutions


The shift towards cloud computing has facilitated the adoption of workflow automation solutions. Cloud-based platforms offer scalability, flexibility, and cost-effectiveness, making them attractive options for organizations of all sizes. Gartner projects that worldwide end-user expenditure on public cloud services will rise 20.7% to USD 591.8 billion in 2023, up from USD 490.3 billion in 2022, underscoring the growing preference for cloud-based solutions.


Key Market Trends


Artificial Intelligence and Machine Learning Integration: The integration of AI and ML into workflow automation platforms is enhancing decision-making processes, predictive analytics, and the automation of more complex tasks, improving overall system functionality and effectiveness.


Low-Code/No-Code Platforms: These platforms are democratizing automation by enabling users with minimal coding knowledge to design and implement automation workflows, reducing dependency on IT departments and accelerating deployment timelines.


Hyper-Automation: Organizations are increasingly adopting hyper-automation strategies that combine RPA with AI, ML, and other advanced technologies to automate end-to-end business processes, enhancing productivity and agility.


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