Form Automation Software Market to Reach US$ 1.2 Billion by 2032, Growing at 16.3% CAGR

The form automation software market is valued at US$ 270.6 million in 2022 and is expected to reach US$ 1.2 Billion by 2032, growing at a 16.3% CAGR. The growing demand for fast data processing units that fill the form cuts off the hassles for businesses so that the companies can focus on their core competencies.

New ways to store data and complete the data processing along with recurring manual tasks fuel the market along with the growth of  the form automation software market is rapid digitization and increasing integration of new-age technologies with automation software.

Reluctance among customers so that businesses adopt such software so that it could flourish with faster operations in two different ways–firstly, it covers the creation and management of electronic forms for digitizing the multiple components of businesses.

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The new integrated solutions like AI and Machine learning are collaborating with form automation software, making the platform more technically enabled. This allows the vendors to experiment and introduce new integrated spaces that deliver better control and faster processing.

The major restrictions that limit the growth of  the form automation software market are high capital investments, an incompetent workforce, and security compliances. The growing number of cyber-attacks and data thefts are raising concerns over any new digital software that deals with data and storage spaces.

What is the Segmentation Outlook for the Form Automation Software Market?

  •  The software platforms segment is the largest and will hold the biggest portion of the market in the forecast period, thriving at a CAGR of 15.8% through 2032, owing to factors like its common use and interactive user interface along with exciting price ranges and its effective implementation on SMEs and large enterprises.
  • On-premises segment is the biggest segment and will hold the largest portion of the market, flourishing at a CAGR of 15.9%, attributing to more control over data and storage along with faster transmission and easy implementation, increasing the security compliance levels.
  • The biggest and highest growing market is the United States, flourishing at a CAGR of 15.9% between 2022-2032, growing because of features like new corporate setups in the grown markets, startups, and digitization of old working spaces.
  • China being the second highest growing market globally will hold US$ 89.2 Mn by the end of 2032 as it thrives on a promising CAGR of 15.7% between 2022-2032 with Japan and South Korea growing alongside.

Leading Key Players:

  • PaperForm
  • JotForm
  • Zoho Corporation
  • FormStack
  • ProntoForms

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Form Automation Software Market Segmentation:

By Component:

  • Software Platform
  • Services

By Pricing Analysis:

  • Licensing Based
  • Subscription-Based

By Deployment Type:

  • On-premises
  • Web-based

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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