Press release
Hyper Automation Market 2022 - Global Industry Size, Share, Developing Trends, Challenges And Forecast to 2027 | Automation Anywhere, Inc., SolveXia, Wipro Limited, Infosys Limited, and Tata Consultancy Services Limited
The global hyper automation market was worth US$ 4.2 billion in 2017 and is predicted to reach US$ 23.7 billion by 2027, with a CAGR of 18.9% over that time period (2019-2027).The Hyper Automation Market report from CMI explores a number of aspects of the industry, including market size, market position, market trends, and predictions. Along with significant market drivers, the study contains brief information on competitors and specific potential opportunities. The research also includes a detailed analysis of the Hyper Automation Market, which is broken down by companies, geography, type, and application.
Hyper automation is when two or more technologies, such as robotic process automation, predictive analytics, and artificial intelligence, are used together. Hyper automation is a technique for streamlining workflow and increasing industrial productivity with minimal human interaction. Human involvement is minimized in hyper automation, lowering the risk of human error and lowering operational costs.
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Major Key Players:
• Automation Anywhere Inc.
• SolveXia
• Wipro Limited
• UiPath
• ALLERIN TECH PVT LTD
• Appian
• OneGlobe LLC.
• Mitsubishi Electric Corporation
• Catalytic Inc
• Infosys Limited
• Tata Consultancy Services Limited
Segments Covered:
By Technology
• Robotic Process Automation (RPA)
• Machine Learning (ML)
• Chatbots
• Biometrics
• Natural Language Generation
• Context-aware Computing
By End-use Industry
• Manufacturing
• Automotive
• Healthcare
• BFSI
• Retail
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Regional Classification:
The Asia Pacific leads the Hyper Automation Market in terms of revenue, followed by North America. On the other hand, China and the United States control nearly half of the market. The Middle East and Africa are predicted to expand the fastest, followed by Western Europe. Few countries in Western and Eastern Europe are exploring off-grid power solutions, which will boost demand for Hyper Automation Market services.
Key Questions Answered in this Report:
- Who are the top manufacturers in the Hyper Automation Market, and what are their global business plans?
- Where do the majority of Hyper Automation Market is produced?
- What is the estimated market size and growth potential for Hyper Automation Market in 2027?
- What are the major factors influencing the growth of the Hyper Automation Market?
Method of Research:
The purpose of this section's research is to examine the Hyper Automation Market during the course of the study period using several confirmed parameters based on Porter's Five Force Model. As a result, a thorough examination of the market aids in identifying and emphasizing the market's primary strengths and weaknesses as it progresses. Furthermore, the report was created using a combination of primary and secondary research, including interviews, surveys, and observations from seasoned analysts, as well as reliable paid sources, trade magazines, and industry body databases.
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About Coherent Market Insights -
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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