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Automation As A Service Market 2023 - Industry Insights, New Trends, Growth, And Forecast To 2032
Automation As A Service Market
The Business Research Company's Automation As A Service Global Market Report 2023 identifies increasing demand for automation across business processes is driving the growth of automation as a service market. Businesses must streamline their recruiting, accounts payable, and contract management procedures to increase productivity and decrease the risk of human mistakes. Additionally, automation can increase overall business function efficiency, standardize best practices, and cost savings.
The global automation as a service market size will grow from $5.11 billion in 2022 to $6.32 billion in 2023 at a compound annual growth rate (CAGR) of 23.7%. The market size of the automation as a service is expected to grow to $15.46 billion in 2027 at a CAGR of 25.1%.
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Major competitors in the automation as a service market are Automation Anywhere Inc., Blue Prism Group plc, HCL Technologies Limited, Hewlett Packard Enterprise Company, International Business Machines Corporation, Kofax Inc., Microsoft Corporation, NICE Systems Ltd., Pegasystems Inc., UiPath Inc., Happiest Minds, ITyX, Hexaware Technologies Limited, Calligo, AVEVA Group plc and Arista Networks.
Technological advancements are a key trend in the automation as a service market. Companies in automation as a service market are adopting advanced technologies to strengthen their position in the market. The integration of these advanced technologies with automation as a service can make a significant difference to the enterprises' business as it can provide game-changing results such as the highest quality outcomes and innovation of new practices in addition to reducing labor, improving efficiency, and minimizing costs.
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The automation as a service market is segmented -
• By Type: Rule-Based Automation, Knowledge-Based Automation
• By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
• By Business Function: Information Technology, Finance, Human Resources, Sales And Marketing, Operations
• By Service: Managed Services, Professional Services
• By Industry: Banking, Financial Services, And Insurance (BFSI), Telecom And IT, Retail And Consumer goods, Healthcare And Life Sciences, Manufacturing, Government And Defense, Energy And Utilities, Media And Entertainment, Transportation And Logistics, Others Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the automation as a service market.
The Business Research Company's "Global Automation As A Service Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Automation As A Service Market Include:
1. Automation As A Service Market Executive Summary
2. Automation As A Service Market Segments
3. Automation As A Service Market Size And Automation As A Service Market Growth Rate
4. Key Automation As A Service Market Trends
5. Major Automation As A Service Market Drivers
……
25. Key Mergers And Acquisitions In The Automation As A Service Market
26. Top Automation As A Service Companies
27. Automation As A Service Market Opportunities And Strategies
28. Automation As A Service Market, Conclusions And Recommendations
29. Appendix
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