In the United Kingdom, the form automation software market is expected to grow at a robust 17.6% CAGR until 2034. This surge is driven by the UK government's active digitalization efforts, including the Government Digital Service (GDS) and NHS Digital programs, which aim to modernize the public sector by automating forms and streamlining paper workflows.
NEWARK, DE / ACCESSWIRE / July 28, 2024 / The form automation software market size stands at USD 364 million in 2024 and is anticipated to surpass a valuation of USD 1,780 million by 2034. The form automation software market expansion is estimated at a CAGR of 17.2% from 2024 to 2034.
Businesses across industries are increasingly adopting digital transformation strategies to streamline operations, enhance customer experiences, and stay competitive. Form automation plays a crucial role in this transformation by digitizing manual processes, reducing paper-based workflows, and integrating seamlessly with other digital systems like CRM and ERP. This trend is accelerating the demand for flexible, scalable form automation solutions that can support modern digital ecosystems.
Organizations are increasingly leveraging data analytics to gain actionable insights from form submissions and customer interactions. Form automation software that offers built-in analytics tools, reporting dashboards, and customizable metrics is in high demand. These capabilities enable businesses to track form performance, identify trends, and optimize processes for better decision-making and operational efficiency. This trend underscores the importance of data-driven insights in driving business growth and competitive advantage.
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Advances in AI (Artificial Intelligence) and ML (Machine Learning) are transforming form automation by enabling intelligent data extraction, predictive analytics, and automation of complex decision-making processes. AI-powered form automation solutions can analyze unstructured data, detect patterns, and automate routine tasks such as data validation and classification. This trend is driving innovation in form automation, making processes smarter, more efficient, and less reliant on manual intervention.
"In the form automation software market, success revolves around innovation in AI integration, seamless enterprise integration, and stringent data security. Key players should focus on enhancing automation capabilities, ensuring regulatory compliance, and prioritizing customer satisfaction to maintain a competitive edge." Says Sudip Saha Managing Director and Co-Founder at Future Market Insights.
Key Takeaways from the Form Automation Software Market Report
The global market size expanded at a 15.1% CAGR from 2019 to 2023.
The software platform segment holds 68.7% of shares in 2024.
The web-based deployment type segment captured 72.6% of shares in 2024.
The market size in Australia and New Zealand is anticipated to develop at an 18.4% CAGR through 2034.
The market size in the United Kingdom is estimated to surge at a 17.6% CAGR through 2034.
The market size in India is expected to increase at a 17.8% CAGR through 2034.
Competitive Landscape
The form automation software market is marked by a diverse array of players, from tech giants like Microsoft, Google, and Adobe to mid-sized firms such as Nintex, Formstack, and Zoho, as well as agile startups like JotForm, Typeform, and Cognito Forms.
Established companies leverage their broad ecosystems and global reach to offer integrated, scalable solutions, while mid-sized firms focus on specialized features and industry-specific needs, ensuring agility and rapid innovation. Startups and niche players emphasize user-friendly, cost-effective solutions with quick deployment and strong customer support, appealing to small businesses and individual users.
Key Players in the Form Automation Software Industry
Microsoft
Google
Adobe
Salesforce
IBM
Oracle
Nintex
Formstack
Zoho
JotForm
Typeform
Wufoo
PandaDoc
DocuSign
Laserfiche
K2
ProntoForms
Cognito Forms
Gravity Forms
Smartsheet
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Recent Developments
In May 2024, Jotform reported reaching 25 million global users. This is a 25% increase in year-over-year client acquisition and maintains Jotform's growth across many business categories, including user numbers, revenue, enterprise customer adoption, and product innovation.
In September 2023, SurveyMonkey introduced SurveyMonkey Forms. Users will be able to construct online forms with pre-built templates, customizable fields, third-party connections, and process automation to increase form creation productivity.
Form Automation Software Market Segmentation Analysis
By Component:
The industry is segmented into services and software platforms.
By Pricing Analysis:
The sector is bifurcated into licensing based and subscription-based.
By Deployment Type:
The industry is classified into on-premises and web-based.
By Region:
Analysis of the industry has been conducted in the countries of North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa (MEA).
Authored By:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client's requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting' at the ET Inspiring Leaders Awards 2022.
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