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Automation Software Market Surges With Increasing Adoption Of Digitalization: A Significant Driver Propelling The Automation Software Market In 2025
Automation Software Market
What Is the Automation Software Market Size and Projected Growth Rate?
The automation software market has grown consistently, forecast to rise from $491.48 billion in 2024 to $529.77 billion in 2025 at a CAGR of 7.8%. Growth was propelled by widespread industrial automation, efforts to reduce human error, demands for operational efficiency, and expansion in automation implementation.
The automation software market is anticipated to experience rapid expansion, reaching $831.87 billion by 2029 with a CAGR of 11.9%, driven by the rising demand for reliable automated operations, cost-effective mass production, widespread Industry 4.0 adoption, and the growth of digital industrialization. Key trends include progress in technology, use of advanced equipment, intelligent process automation, and increased industry-specific automation investments.
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What Are the Major Segments in the Automation Software Market?
The automation software market covered in this report is segmented -
1) By Product: On-Premises, Cloud
2) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
3) By Application: Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecoms, Retail And Consumer Goods, Travel And Hospitality, Healthcare And Life Sciences, Education, Media And Entertainment, Manufacturing, Other Applications
Subsegments:
1) By On-Premises: Enterprise Resource Planning (ERP) Software, Customer Relationship Management (CRM) Software, Manufacturing Automation Software, IT Process Automation (ITPA) Software, Business Process Management (BPM) Software, Others
2) By Cloud: Cloud-Based ERP Software, Cloud-Based CRM Software, Cloud-Based BPM Software, Cloud-Based IT Process Automation (ITPA) Software, Robotic Process Automation (RPA) Software, Artificial Intelligence (AI) And Machine Learning-Based Automation Tools, Others
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What Are The Driving Automation Software Market Evolution?
The growing use of IIoT and cloud-based solutions is expected to propel the automation software market. These technologies enhance connectivity, data analysis, and remote monitoring in industrial settings. Automation software integrates these solutions to optimize operations. In May 2022, the GSM Association predicted over 23 billion IoT connections by 2025, and in December 2023, the European Commission reported a rise in cloud computing adoption, contributing to the growth of automation software.
Which Firms Dominate The Automation Software Market Segments?
Major companies operating in the automation software market are Microsoft Corporation, Amazon Web Services (AWS), accenture* plc, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, NetSuite Inc., SAP SE, Salesforce Inc., Workday Inc., Red Hat Inc., Infor Inc., OpenText Corporation, Citrix Systems Inc., SAS Institute Inc., HubSpot Inc., Epicor Software Corporation, Progress Software Corporation, Deltek Inc., ActiveCampaign LLC, Canonical Ltd., Acoustic L.P., GetResponse Sp. z o.o., Puppet Inc., Act-On Software Inc., QualiSystems Ltd., ActiveTrail Ltd., Push Engage LLC
What Trends Are Driving Growth in The Automation Software Market?
In the automation software market, companies are innovating work automation platforms to gain a competitive edge. These platforms allow users to design, execute, and optimize automated workflows efficiently. For instance, in April 2024, V7 introduced V7 Go, a work automation platform that uses AI to automate repetitive tasks, achieving human-level performance in back-office jobs like data entry and administration.
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Which Is The Largest Region In The Automation Software Market?
North America was the largest region in the automation software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the automation software 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 Automation Software Market?
2. What is the CAGR expected in the Automation Software Market?
3. What Are the Key Innovations Transforming the Automation Software Industry?
4. Which Region Is Leading the Automation Software Market?
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