Hyperautomation Market By Offering (Solution, Service), By Deployment Mode (On-premise, Cloud), By Enterprise Size (Large Enterprises, SMEs), By Application (Supply Chain, Sales and Marketing, Finance, Human resources (HR), Others), By Industry Vertical (BFSI, IT and Telecom, Healthcare, Manufacturing, Retail and Consumer Goods, Transportation and Logistics, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
Hyperautomation is a digital transformation with the help of advanced techniques such as Robotic Process Automation (RPA), Machine Learning (ML), and Artificial Intelligence (AI). It automates complicated business processes, and reduces the need of technology experts. In addition, hyperautomation is also referred as an expansion of the processes of traditional business-process automation. It allows automation to do virtual tasks performed by businesses through merging of AI technologies with RPA.
Digitalization of the traditional manufacturing plants and increased adoption of automated manufacturing processes by various industries drive the growth of the market. In addition, high growth of digital transformation with advanced techniques in hyperautomation fuels the growth of the market. However, lack of skilled manpower and trainers in hyperautomation and high initial cost of automation system are expected to impede the market growth. Furthermore, increase in demand for automation among major industries is expected to provide lucrative opportunities for the market growth.
The global hyperautomation market is segmented based on offering, deployment mode, enterprise size, application, industrial vertical, and region By offering, it is divided into solution and service. By deployment mode, it is classified into on-premise and cloud. By enterprise size, it is divided into large enterprise size and SMEs. By application, it is fragmented into, supply chain, sales and marketing, finance, human resources (HR) and others. In terms of industrial vertical, the market is classified into BFSI, IT and telecom, healthcare, manufacturing, retail and consumer goods, transportation and logistics and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the hyperautomation market are Appian, Automation Anywhere, ALLERIN TECH PVT LTD, Catalytic, Celonis, Decisions, ElectroNeek Robotics Inc, G1ANT, Laiye, OneGlobe LLC, Infosys Limited, SolveXia, Tata Consultancy services, Microsoft Corporation, IBM Corporation, ProcessMaker and Automate.io. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the hyperautomation market analysis from 2021 to 2031 to identify the prevailing hyperautomation market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the hyperautomation market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global hyperautomation market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Enterprise Size
Large Enterprises
SMEs
By Application
Finance
Human resources (HR)
Others
Supply Chain
Sales and Marketing
By Industry Vertical
BFSI
Sector Type
Banks
Insurance Companies
Others
IT and Telecom
Healthcare
Manufacturing
Retail and Consumer Goods
Transportation and Logistics
Others
By Offering
Solution
Solution Type
Standalone
Integrated
Service
Service Type
Professional Services
Managed Services
By Deployment Mode
On-premise
Cloud
By Region
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Netherlands
Rest Of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest Of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
HCX Technology Partners, Inc.
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