Global RPA and Hyperautomation Market Size study, By Component (Solution, Services), By Deployment Mode (Cloud, On-premises), By Business Function (Finance & Accounting, Supply Chain & Operations, Information Technology (IT), Others), By End-User (BFSI, IT & Telecom, Retail & Consumer Goods, Other Verticals), and Regional Forecasts 2022-2028Global RPA and Hyperautomation Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Robotic Process Automation (RPA) is a type of business process automation technology that is based on artificial intelligence /digital workers or metaphorical software robots. And, Hyperautomation refers to the usage of advanced technologies to automate business tasks and processes, which are generally performed by humans. The growing trend of digitalization, increasing demand for AI, ML, and advanced analytics technologies for enhancing business operations, and the growing need for automated solutions for business continuity and planning are some prominent factors impelling the global market growth. For instance, according to Statista, in 2018, the artificial intelligence (AI) software market worldwide generates a revenue of around USD 10.1 billion, and it is anticipated to reach approximately USD 126 billion by 2025. Thereby, the development of the artificial intelligence (AI) software market is exhibiting a positive influence on the market demand around the world. However, accounting for regulatory and enterprise constraints and the high cost of investment impede the growth of the market over the forecast period of 2022-2028. Also, a rise in demand for automation among key industries and emerging economies are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global RPA and Hyperautomation Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of novel technologies and increasing demand for cloud-based services. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the rising emphasis on enhancing user experience, as well as the growth of BFSI, IT & Telecom, and other end-use verticals, would create lucrative growth prospects for the RPA and Hyperautomation Market across the Asia-Pacific region.
Major market players included in this report are:
IBM Corporation
Microsoft
SAP SE
Alteryx
Appian
Juniper Networks
Zendesk
Pegasystems
Automation Anywhere
ProcessMaker
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product Components of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Solution
Services
By Deployment Mode:
Cloud
On-premises
By Business Function:
Finance & Accounting
Supply Chain & Operations
Information Technology (IT)
Others
By End-User:
BFSI
IT & Telecom
Retail & Consumer Goods
Other Verticals
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global RPA and Hyperautomation Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
IBM Corporation
Microsoft
SAP SE
Alteryx
Appian
Juniper Networks
Zendesk
Pegasystems
Automation Anywhere
ProcessMaker
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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