Hyper-Automation Market Outlook and Forecasts 2023 – 2030

Hyper-Automation Market Outlook and Forecasts 2023 – 2030

Overview:

Hyper-automation represents an amalgamation of leading technologies, such as Artificial Intelligence (AI), Machine Learning (ML), RPA, and advanced analytics. This combination of technologies facilitates a wide segment of enterprise-level users in harnessing the best of workflow optimization.

Hyper-automation provides several benefits over other automation technologies, which include automating processes at a quicker rate; using advanced analytics; offering increased employee satisfaction and motivation; assigning a workforce for value-added tasks; sharing accurate insights; ensuring improved compliance and reduced risk; and allowing high productivity and increased team collaboration.

Hyper-automation caters to a wide array of user groups by allowing the discovery, design, build, enhancement, and self-learning features for a wide array of use cases across functions and domains. This report assesses the hyper-automation market including technologies, use cases, applications, infrastructure and solutions.

Select Report Findings:

Hyper-automation market will grow at a 25.4% CAGR globally during 2022 – 2030 to reach $ 39,409 million in 2030

Among the types of technology, robotic process automation has the highest share at 35% in 2022

Among the organization types within the market, large enterprises will lead with 78% of the hyper-automation market

Among the industry verticals, banking, financial services and insurance will lead with 32% of the market

North America dominates the regional hyper-automation market with $2,219 million in 2022

Select Companies in Report:

Allerin

Alteryx

Appian

Automation Anywhere

IBM

Microsoft

Mitsubishi Electric Corporation

OneGlobe

SAP

Solvexia

Tech Mahindra

UiPath

Wipro