Press release
RPA and Hyperautomation Global Market Report 2025: Opportunities and Growth Forecast at 18.0% CAGR
RPA and Hyperautomation Market Report
What Is The Projected Market Size Of The RPA And Hyperautomation Global Market and Its Growth Rate?
The RPA and Hyperautomation market is anticipated to grow substantially:
• 2024 Market Size: $14.28 billion
• 2025 Market Size: $16.86 billion (18.0% CAGR)
• 2029 Market Size: $38.11 billion (22.6% CAGR)
Factors propelling this growth encompass cost efficiency and productivity enhancement, digital transformation, and early adoption in IT operations.
What Is Driving The Growth In The RPA And Hyperautomation Global Market?
The prominent role of robotics across various industries is driving growth in the RPA and Hyperautomation market. Robotics, as automated machines that carry out tasks efficiently with minimal human involvement, play a vital role in numerous sectors. Hyperautomation combines robotic process automation with artificial intelligence to automate repetitive business operations, thereby increasing the relevance of robotics in many industries. For example, in the US automotive industry, robot installations soared by 1%, totaling 14,678 units in 2023, following a sharp 47% upswing in installations in 2022, totaling 14,472 units.
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Who Are The Key Players Driving RPA And Hyperautomation Global Market Growth?
Several major companies are propelling growth in the RPA and Hyperautomation market, including:
• IBM Corporation
• Microsoft Corporation
• SAP SE
• Alteryx Inc.
• Nice Ltd.
• Pegasystems Inc.
• Appian Corporation
• UiPath Inc.
• HelpSystems LLC
• Blue Prism Group Plc.
What Are The Key Trends In The RPA And Hyperautomation Global Market?
Key market trends include:
• Data security and privacy concerns
• Focus on scalability and flexibility
• Proliferation of intelligent automation
• Skill development and workforce changes
• Vendor innovation and competition
What Are The Segments Of The Global RPA And Hyperautomation Global Market?
The RPA and Hyperautomation market is divided into various segments:
1) By Component: Solution, Services
2) By Deployment Mode: On-Premise, Cloud
3) By Business Function: Sales and Marketing, Finance and Accounting, Human Resources, Supply Chain and Operations, Information Technology (IT)
Which Region Leads The RPA And Hyperautomation Global Market?
North America held the largest share of the RPA and Hyperautomation market in 2024. The forecast predicts Asia-Pacific will be the fastest-growing region. The report also covers other regions including Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The RPA And Hyperautomation Global Market Report?
• Market Size Analysis: Analyze the RPA And Hyperautomation Global Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the RPA And Hyperautomation Global Market for effective categorization.
• Key Player Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall RPA And Hyperautomation Global Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the RPA And Hyperautomation Global Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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