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Global Hyperautomation Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
Hyperautomation Market
How Big Is the Hyperautomation Market Size Expected to Be by 2034?
The expansion of the hyperautomation market has been swift in the past few years. The market, which is projected to increase from $55.79 billion in 2024 to $65.39 billion in 2025, anticipates a compound annual growth rate (CAGR) of 17.2%. Factors such as heightened digital transformation endeavors, integration of internet of things (IoT), the growth of cloud computing, the increasing complexity of business procedures, and the demand for scalability and adaptability have all contributed to the historical growth in this sector.
In the coming years, a swift escalation in the size of the hyperautomation market is anticipated. It is forecasted to escalate to $123.8 billion in 2029, experiencing a compound annual growth rate (CAGR) of 17.3%. Factors such as a rising demand for improved efficiency and cost-cutting, constant progression in AI and ML, heightened focus on cybersecurity automation, swift expansion of edge computing, and widespread application of hyperautomation in small and medium enterprises (SMEs) can be attributed to this projected growth in the forecast period. Human augmentation and cooperation, interpretable AI and ethical contemplations, self-directed processes, and proficient workflows, widespread incorporation of hyperautomation in edge devices, and technological advancements are also among the significant trends in the forthcoming period.
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What Are the Emerging Segments Within the Hyperautomation Market?
The hyperautomation market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Technology: Robotic Process Automation, Machine Learning, Biometrics, Chatbots, Context Aware Computing, Natural Language Generation, Computer Vision
3) By Deployment: On-Premise, Cloud
4) By Function: marketing And Sales, Finance And Accounting, Human Resources, Operations And Supply Chain, Information Technology
5) By End Use: Manufacturing, Automotive, Banking, Financial Services And Insurance (BFSI), Healthcare, IT And Telecommunication, Retail, Transportation And Logistics, Other End Users
Subsegments:
1) By Hardware: Robotic Process Automation (RPA) Devices, IoT Devices, Edge Computing Devices
2) By Software: RPA Software, Workflow Automation Software, Artificial Intelligence (AI) And Machine Learning (ML) Software, Analytics And Business Intelligence Software
3) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training And Education Services
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What Long-Term Drivers Are Shaping Hyperautomation Market Trends?
The anticipated rise in automation adoption is predicted to fuel the expansion of the hyperautomation market. Hyperautomation, an outcome of the development and usage of technology to manufacture and supply goods and services with the least amount of human intervention, employs advanced technologies like artificial intelligence, machine learning, and robotic process automation. This synergistic use of technologies helps to simplify complicated workflows, augment efficiency, and aid in accomplishing digital transformation by automating mundane tasks and intricate processes that require knowledge. Specifically, Kissflow Inc., a software firm based in the US, reported a 14% annual increase in automated jobs in January 2024, projecting that 69% of managerial tasks will be automated by 2024. Hence, the escalating deployment of automation is indeed a significant driver of the hyperautomation market's growth.
Who Are the Top Competitors in Key Hyperautomation Market Segments?
Major companies operating in the hyperautomation market report are Amazon.com Inc., Alphabet Inc., Microsoft Corporation, Intel Corporation, International Business Machines Corporation, Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, Oracle Corporation, Mitsubishi Electric Corporation, SAP SE, Tata Consultancy Services Limited, Infosys Limited, Baidu Inc., Wipro Ltd., Genpact Limited, SAS Institute Inc., Nutanix Inc., Cyient Ltd., Automation Anywhere Inc., Cloudera Inc., BlackSwan Technologies Inc., Gorilla Technology Group, OneGlobe LLC, Tact.ai Technologies Inc., ClearBlade Inc., Gigaforce Inc., SolveXia Pty Ltd.
What Are the Major Trends Shaping the Hyperautomation Market?
Leading firms in the hyperautomation market are introducing cutting-edge technologies, such as the unified iPaaS solution, to accelerate the development of reusable connectors by low-code developers. The term Unified Integration Platform as a Service (iPaaS) pertains to a comprehensive, centralized cloud-based platform that simplifies the integration of a variety of applications, databases, and systems within a corporation. For example, Tray.io, an American integration platform company, unveiled the Tray Universal Automation Cloud in June 2022 to speed up enterprise hyperautomation. This platform features hundreds of pre-built connectors and is capable of linking to any app, database, or API. Tray UAC uses AI to identify automation opportunities and enhance workflows.
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Which Regions Are Becoming Hubs for Hyperautomation Market Innovation?
North America was the largest region in the hyperautomation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hyperautomation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Hyperautomation Market?
2. What is the CAGR expected in the Hyperautomation Market?
3. What Are the Key Innovations Transforming the Hyperautomation Industry?
4. Which Region Is Leading the Hyperautomation Market?
Why This Report Matters:
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