Mobile Forms Automation Software Market Report Overview
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The global mobile form automation software market size is expected to be USD 259.98 million in 2021. The global COVID-19 pandemic has been unprecedented and staggering, with mobile form automation software experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. As per our research, the market is expected to reach USD 469.63 million in 2031, exhibiting a CAGR of 10.36% during the forecast period. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Form automation is frequently used to streamline and get rid of superfluous processes including applications, contracts, surveys, and questionnaires that reduce laborious manual labor. This comprises a system that generates, shares, and solves the form-filling issue.
The data is divided up into numerous sheets by the form automation software, improving the storage procedures that securely record these forms.
COVID-19 Impact: Interruption in Supply Chains to Decline Market Share
The eruption of coronavirus illness (COVID-19) did act as a humongous restriction mostly on the market in 2020, as supply chains have been interrupted because of international limitations and utilization has declined due to global government lockdowns. COVID-19 is an extremely contagious disease characterized by flu-like symptoms such as fever, coughing, and difficulty breathing. The focus of form automation software market analysis has been on illuminating how different markets have been shaped differently by the introduction of COVID-19. It has had a negative impact on some markets, disrupting supply chains and distribution systems and driving markets into chaos.
Latest Trends
"Rising Product Development to Intensify Market Magnification "
The market is expanding because form automation software provides time-saving features like preset templates or auto-fill forms that enable users to create and implement processes that can automate repetitive manual chores. The mobile form automation software research provides a complete review of the market. Rapid digitization and a growing integration of new-age technologies with automation software are other factors contributing to the market growth for form automation software.
Mobile Forms Automation Software Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into Cloud Based and Web Based.
Powder is the leading part of the type segment
- By Application Analysis
According to application, the market can be segmented into Large Enterprises and SMEs.
Driving Factors
"Increasing WFH Procedures to Boost Market Share "
Businesses that use work-from-home procedures are implementing digitized processes, such as form automation software, to reduce the difficulties of laborious work and speed up data processing. This contains a comprehensive system that the IT administrator oversees. It has, however, also benefited certain markets, particularly the healthcare and diagnostics market.
"Technological Advancements to Aid Market Growth"
A preset template or auto-fill features offered by form automation software make it easier for users to create and implement processes that can automate repetitive manual activities. Because of the quick search function, finding forms in a digital database takes much less time, allowing employees of an organization to concentrate on more important tasks. Optical character recognition (OCR), optical mark recognition (OMR), text, audio, video, and other file formats are the basic foundations for the workflow automation formats. These formats are used to keep the records that are required of business operations, removing the tedious business process and minimizing human involvement.
Restraining Factors
"Privacy Issues to Deplete Market Advancement "
Data privacy issues could potentially impede mobile form automation software market growth since they involve third-party vendor meddling. Customers' and clients' reluctance to use such software could further limit the market during the projection period.
Mobile Forms Automation Software Market Regional Insights
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"Rising Use of Cloud Based Technologies to Foster Growth in North America"
North America is expected to have the largest mobile form automation software market share. The widespread use of cloud-based technologies is anticipated to open up a number of chances for form automation software and to expand its market share on the North American continent.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Fulcrum (U.S.)
- FORM.com (U.K.)
- Device Magic (U.S.)
- FastField (Merge Mobile) (U.S.)
- Fluix (U.S.)
- ProcessMaker (U.S.)
- GoCanvas (U.S.)
- Forms On Fire (U.S.)
- GoFormz (U.S.)
- iFormBuilder (Zeroin)
- ProtonForms (Canada)
- iAuditor (SafetyCulture) (U.S.)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 259.98 Million in 2021 |
Market Size Value By |
US$ 684.06 Million by 2031 |
Growth Rate |
CAGR of 10.36% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global mobile form automation software market expected to touch by 2031?
The global mobile form automation software market is expected to touch USD 684.06 million in 2031.
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What CAGR is mobile form automation software market expected to exhibit during 2023-2031?
The mobile form automation software market is expected to exhibit a CAGR of 10.36% over 2023-2031.
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Which are the driving factors of the mobile form automation software market?
Increasing WFH procedures and technological advancements to drive the mobile form automation software market.
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Which are the top companies operating in the form automation software market?
Fulcrum, FORM.com, Device Magic, FastField (Merge Mobile), Fluix, ProcessMaker, GoCanvas, Forms On Fire, GoFormz, iFormBuilder (Zeroin), ProtonForms, iAuditor (SafetyCulture) are the companies operating in the mobile form automation software market.