Quadintel has recently released a survey report focusing on the worldwide Hyper Automation Market. The study provides significant insights into growth strategies, prospects for business expansion, emerging trends and innovations, as well as the competitive landscape for the year 2023. Furthermore, the report includes a regional analysis encompassing North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
Global Hyper Automation Market to reach USD 319.9 billion by 2027.Global Hyper Automation Market is valued approximately USD 175 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9 % over the forecast period 2021-2027.
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Hyper automation refers to automation of every process in an organization that can be automated. Organizations adopt hyper automation in order to streamline processes across their business with the help of artificial intelligence (AI), robotic process automation (RPA), and other technologies to run without human intervention. The market is mainly driven by growing artificial intelligence market and rising digitization. According to PwC’s Global Artificial Intelligence Study: Exploiting the AI Revolution -AI could contribute up to USD 15.7 trillion to the global economy in 2030, more than the current output of China and India combined. Among this, USD 6.6 trillion is likely to come from increased productivity and USD 9.1 trillion is likely to come from consumption-side effects Also, growing application of artificial intelligence in end use industries is likely to increase the market growth during the forecast period. However, unavailability of skilled professionals and high initial cost impedes the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Hyper Automation Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to favorable government initiatives to encourage the adoption of artificial intelligence (AI) across various industries. Also, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as significantly increasing investments in artificial intelligence would create lucrative growth prospects for the Hyper Automation market across Asia-Pacific region.
Key Companies Covered in the Hyper Automation Market Research are Tata consultancy services Ltd, Automation anywhere Inc., Wipro Ltd., Allerin tech Pvt. Ltd., OneGlobe LLC, Mitsubishi Electric Corp., Infosys Ltd., Catalytic Inc., Solvexis Ltd., Appian Corp and other key market players.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Source offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
By Technology Type:
Biometrics
Context-Aware Computing
Natural Learning Generation
Chabot
Machine Learning
Robotic Process Automation
By Organizational Size:
Small and Medium Enterprises
By End Use Industry:
IT & Telecom
BFSI
Manufacturing
Retail
Education
Automotive
Healthcare & Life Science
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Core Chapters:
Chapter 1: Introduction: This chapter outlines the scope of the report and provides an executive summary of the different market segments, including the market size, future development potential, and evolution of the market in the short to mid-term and long term.
Chapter 2: Competitive Landscape: Here, we conduct a detailed analysis of the competitive landscape of market manufacturers, including price, output, and revenue market share, latest development plans, mergers, and acquisition information.
Chapter 3: Production and Value Analysis: This chapter provides a quantitative analysis of the production/output and value of market by region/country, identifying the market size and development potential of each region in the next six years.
Chapter 4: Consumption Analysis: We analyze the consumption of market in different regions and countries, introducing the market development, future prospects, market space, and capacity of each country in the world.
Chapter 5: Product Segment Analysis: This chapter provides an analysis of various market segments according to product type, covering the market size and development potential of each market segment.
Chapter 6: Application Segment Analysis: We analyze various market segments according to application, covering the market size and development potential of each market segment.
Chapter 7: Company Profiles: This chapter provides detailed profiles of key players in the market, including product production/output, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Industrial Chain Analysis: Here, we analyze the industrial chain, including the upstream and downstream of the industry.
Chapter 9: Sales Channel Analysis: We analyze the sales channel, distributors, and customers in this chapter.
Chapter 10: Market Dynamics Analysis: This chapter introduces the market dynamics, latest developments, driving factors, restrictive factors, challenges, and risks faced by manufacturers in the industry, along with an analysis of relevant policies.
Chapter 11: Production and Supply Forecast: We provide a production and supply forecast for the global and regional market.
Chapter 12: Consumption and Demand Forecast: This chapter provides a consumption and demand forecast for the global and regional market.
Chapter 13: Type and Application Forecast: We provide a quantitative analysis of the market size and development potential of each market segment in the next six years.
Chapter 14: Conclusion: Finally, we present the main points and conclusions of the report, providing readers with a comprehensive understanding of the market and its potential growth prospects.
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