In the UK, the forms automation software market is expected to grow at a robust CAGR of 17.6% through 2034. This rapid growth is driven by the UK government’s aggressive digitalization initiatives, such as the Government Digital Service (GDS) and the NHS Digital Programme, 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 is expected to reach USD 364 million in 2024 and exceed USD 1.78 billion by 2034. The form automation software market expansion is projected to grow at a CAGR of 17.2% from 2024 to 2034.
Enterprises across industries are increasingly adopting digital transformation strategies to streamline operations, improve customer experience, and stay competitive. Form automation plays a key role in this transformation by digitizing manual processes, reducing paper-based workflows, and seamlessly integrating with other digital systems such as CRM and ERP. This trend is driving 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. There is a growing demand for form automation software that offers built-in analytical tools, reporting dashboards, and customizable metrics. These features enable businesses to track form performance, identify trends, and optimize processes for better decision-making and operational efficiency. This trend highlights the importance of data-driven insights in driving business growth and competitive advantage.
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Advancements in AI (Artificial Intelligence) and ML (Machine Learning) are transforming form automation by enabling intelligent data extraction, predictive analytics, and automating complex decision-making processes. AI-powered form automation solutions can analyze unstructured data, detect patterns, and automate routine tasks like validating and classifying data. This trend is driving innovation in form automation, making processes smarter, more efficient, and less dependent on manual intervention.
“Innovations in AI integration, seamless enterprise integration, and stringent data security will be key to success in the forms automation software market. Leading players will need to focus on enhancing automation capabilities, ensuring regulatory compliance, and prioritizing customer satisfaction to stay competitive,” said Sudip Saha, Managing Director and Co-Founder, Future Market Insights.
Key Takeaways from the Form Automation Software Market Report
The global market size is expected to grow at a CAGR of 15.1% from 2019 to 2023.
The software platforms segment will account for 68.7% share in 2024.
The web-based deployed segment held a share of 72.6% in 2024.
The market size in Australia and New Zealand is expected to grow at a CAGR of 18.4% through 2034.
The UK market size is expected to grow at a CAGR of 17.6% by 2034.
The market size in India is expected to grow at a CAGR of 17.8% by 2034.
Competitive Environment
The form automation software market has a diverse range of players, from tech giants like Microsoft, Google, and Adobe to mid-sized companies like Nintex, Formstack, and Zoho, as well as agile startups like JotForm, Typeform, and Cognito Forms.
Large enterprises leverage broad ecosystems and global reach to deliver integrated, scalable solutions, while mid-market businesses focus on specialized capabilities and industry-specific needs to enable agility and rapid innovation, while startups and niche companies value user-friendly, cost-effective solutions with rapid deployment and strong customer support to appeal to SMEs and individual users.
Key Players in the Form Automation Software Industry
Microsoft
Adobe
Salesforce
IBM
Oracle
Nintex
Formstack
Zoho
Jotform
Typeform
Woohoo
Panda Dog
DocuSign
Laser Fish
K2
Pronto Form
Cognitoform
Gravity Forms
Smart Sheet
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Recent developments
In May 2024, Jotform reported reaching 25 million users worldwide, a 25% increase in customer acquisition year-over-year, sustaining Jotform’s growth across many business categories, including user numbers, revenue, enterprise customer adoption, and product innovation.
In September 2023, SurveyMonkey introduced SurveyMonkey Forms, enabling users to build online forms with pre-built templates, customizable fields, third-party connections, and process automation to improve form creation productivity.
Form Automation Software Market Segmentation Analysis
By components:
The industry is split into services and software platforms.
Price analysis according to:
The sector is split into license-based and subscription-based.
By deployment type:
The industry is divided into on-premise and web-based.
By region:
The analysis of the industry has been conducted across countries across North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA).
author:
Sudip Saha is the Managing Director and Co-Founder of Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with trusted solutions and is consistently talked about in the media for his thought leadership. His extensive experience in market research and project management reflects his growth-oriented approach to clients as consumer electronics will likely continue to be a cross-vertical of key end-use sectors across APAC, EMEA, and the Americas.
He is a strong believer and promoter of innovation-based solutions, with emphasis on customized solutions that meet the requirements of one client at a time. His visionary and forward-thinking approach has seen him recently recognized as a “Global Icon in Business Consulting” at the ET Inspiring Leaders Awards 2022.
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