Accelerating Transformation: Global Banking Process Automation Market Outlook 2023–2032

The global banking process automation market is projected to grow from USD 3.0 billion in 2022 to USD 19.1 billion by 2032, reflecting a robust CAGR of 23.7%. This surge is driven by growing demand for cost reduction, enhanced accuracy, and improved compliance across banking operations. The rising adoption of AI, RPA, and analytics in banking workflows is streamlining manual processes, resulting in greater efficiency and customer satisfaction. Heightened competition, digitization mandates, and regulatory scrutiny are compelling financial institutions to invest in intelligent automation, making it an indispensable strategy for operational scalability and risk reduction.

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