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Robotics' Ascendance Boosts RPA And Hyper-Automation Markets: A Key Catalyst Accelerating RPA And Hyperautomation Market Growth in 2025
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.RPA And Hyperautomation Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, there has been accelerated growth in the market size of rpa and hyperautomation. The market is projected to expand from $14.28 billion in 2024 to $16.86 billion in 2025, with a compound annual growth rate (CAGR) of 18.0%. Certain factors such as productivity and cost efficiency, optimization of business processes, digitization shift, emphasis on enhancing the workforce, and early bandwagoning in IT functions have significantly contributed to this historical growth.
RPA And Hyperautomation Market Size Forecast: What's the Projected Valuation by 2029?
Expectations are high for the rpa and hyperautomation market, with projections indicating a surge in size over the coming years. The market is predicted to attain a value of $38.11 billion by the year 2029, expanding at a compound annual growth rate (CAGR) of 22.6%. This anticipated growth during the forecast period is largely due to factors such as expansion of hyperautomation, post-pandemic transformations, enhancements in cost effectiveness and productivity, industry-specific applications, and the increasing reliance on cloud-based solutions. The forecast period is also expected to see major trends including concerns regarding data security and privacy, a heightened focus on scalability and flexibility, the increasing adoption of intelligent automation, changes in skill development and workforce, and intense competition and innovation among vendors.
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What Are the Drivers Transforming the RPA And Hyperautomation Market?
The escalating prominence of robots in diverse sectors is a driving force for the expansion of the RPA and Hyper automation markets. Robots are automated devices capable of executing specific tasks rapidly and accurately, minimizing human intervention. Hyper automation aims at automating any repeated task performed by business operators, thus integrating robotic process automation and artificial intelligence, and consequently enhancing the role of robotics across industries. Take for instance, the U.S. automotive industry. As reported by The International Federation of Robotics, a German organization, in April 2024 sales in the automotive segment saw an increase of 1%, culminating in an all-time high of 14,678 robot installations in 2023. This was preceded by a noteworthy 47% spike in installations in 2022, with a total of 14,472 units. Hence, the growing prominence of robotics in diverse sectors is likely to fuel the expansion of the RPA and hyper-automation market.
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What Long-Term Trends Will Define the Future of the RPA And Hyperautomation Market?
Leading firms in the RPA and hyperautomation sector are embracing skill enhancement in RPA to certify that their employees have the needed proficiency to execute and control automation solutions effectively. The laboratory will delve into the combination of RPA and artificial intelligence (AI), improving the effectiveness of automation solutions. This synergy enables the automation of more complicated tasks like data examination and decision-making processes. For example, in October 2023, The Ministry of Electronics and Information Technology, a governing body in India, launched the Robotic Process Automation (RPA) Lab at NIELIT Gorakhpur. The lab will offer hands-on training sessions for scholars and professionals to foster skills in creating and managing software bots that can automate monotonous tasks. This practical approach is crucial for apprehending real-world applications of RPA solutions. Furnished with state-of-the-art tools and software, the lab will offer an environment favorable for exploration and progress in RPA technologies.
Which Segments in the RPA And Hyperautomation Market Offer the Most Profit Potential?
The rpa and hyperautomation market covered in this report is segmented -
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)
Subsegments:
1) By Solution: Software Licenses, Development Tools, Integration Tools
2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services
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Which Firms Dominate the RPA And Hyperautomation Market by Market Share and Revenue in 2025?
Major companies operating in the rpa and hyperautomation market are IBM Corporation, Microsoft Corporation, SAP SE, Alteryx Inc., Nice Ltd., Pegasystems Inc., Appian Corporation, UiPath Inc., HelpSystems LLC, Automation Anywhere, ProcessMaker, SolveXia, Blue Prism Group Plc., Celonis, Laserfiche, Tata Consultancy Services, Catalytic Inc, OneGlobe LLC, Honeywell InternationalInc., NTTData, , Capgemini, Cognizant, Infosys, Larsen & Toubro Infotech, Tech Mahindra
Which Regions Offer the Highest Growth Potential in the RPA And Hyperautomation Market?
North America was the largest region in the RPA and hyperautomation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the RPA and hyperautomation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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