Global Form Automation Software Market is valued at approximately USD 9.72 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 17.97% over the forecast period 2024-2032. Form Automation can be described as an essential tool utilized by various businesses to streamline and eliminate wasteful tasks and tedious manual work that stems from routine processes such as applications, contracts, questionnaires, and surveys essentially any document that could traditionally be printed on paper. The core idea of form automation systems is to enable the creation, sharing, completion, and management of forms electronically, thereby eliminating inefficiencies and waste associated with paper-based systems. These systems also offer the added benefit of secure storage for important forms and documents, alongside quick search options accessible only to authorized users.
The Global Form Automation Software Market growth is driven by focus on digital transformation and surge in cloud adoption across the world. Organizations across various sectors are prioritizing the automation of manual processes to enhance efficiency, reduce errors, and improve productivity. The rise in cloud adoption enables seamless integration, scalability, and remote access, making form automation software more accessible and appealing to businesses worldwide. This trend is expected to continue, fueling the market's expansion as companies seek to streamline operations and stay competitive. In addition, the time-saving features, such as premade templates and auto-fill forms, which allow users to build and deploy workflows that automate recurring manual tasks. These functionalities significantly enhance operational efficiency, contributing to the robust expansion of the market. However, high implementation cost is going to impede the overall demand for the market during the forecast period 2024-2032.
The key regions considered for the market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, the Asia Pacific region is poised for significant growth rate during forecast period. This region, considered mature in cloud adoption, sees vendors offering fully integrated, elastic, and secure solutions for cloud-native form automation, thereby driving industry growth. Additionally, the expansion of small and medium-sized businesses in the region highlights a potential market for form automation software companies. Furthermore, the market in North America is anticipated to dominate market share during forecast period 2024-2032.
Major market players included in this report are:
Adobe Systems Incorporated
Forms on Fire
FormStack
IBM Corporation
JotForm Inc.
Oracle Corporation
PaperForm
ProntoForms
Rockwell Automation, Inc.
Siemens AG
Zoho Corporation
Nintex
Process Street
FormAssembly
Formsite
The detailed segments and sub-segment of the market are explained below:
By Component:
Software platforms
Services
By Pricing Analysis:
Licensing Based
Subscription-Based
Others
By Deployment Type:
On-Premises
Web-based
By Region:
North America:
U.S.
Canada
Europe:
UK
Germany
France
Spain
Italy
ROE
Asia Pacific:
China
India
Japan
Australia
South Korea
RoAPAC
Latin America:
Brazil
Mexico
RoLA
Middle East & Africa:
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market