Global Hyperautomation Market Evaluated to Reach USD 1919.1 Million in Revenue By 2027 | Infinium Global Research

Infinium Global Research, a renowned market research firm, has released an exhaustive report shedding light on the global and regional Hyperautomation Market. The report presents a comprehensive analysis of segments and sub-segments in the hyperautomation market, outlining the impact of drivers, restraints, and macro indicators on both short and long-term trends. According to the report, the global hyperautomation market is anticipated to soar to USD 1919.1 million by 2027 from USD 686.1 million in 2021, showcasing a robust Compound Annual Growth Rate (CAGR) of 18.70% during the forecast period of 2021-2027.

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Market Insights

Advancements in modern technology have brought about significant transformations across various industrial verticals such as manufacturing, healthcare, retail, telecommunications, and more. The trend of automation has witnessed a steep rise in adoption owing to businesses' increased awareness of leveraging technology to automate processes and enhance productivity. The advent of hyperautomation, employing advanced technologies like Robotic Process Automation (RPA), Machine Learning (ML), Natural Language Generation, and virtual assistants, facilitates the identification, assessment, and automation of numerous business processes.

Impact of COVID-19 on Hyperautomation

The COVID-19 pandemic disrupted export-dependent economies, temporarily shutting down manufacturing facilities and significantly impacting industries like automotive. However, despite these challenges, the pandemic accelerated the adoption of hyperautomation, particularly in sectors such as healthcare, BFSI, and retail. The rapid increase in sales within these industries drove the demand for hyperautomation solutions.

Market Dynamics

The increasing global investment in artificial intelligence and the growing adoption of smart business solutions are propelling the hyperautomation market forward. While these factors drive growth, challenges such as the scarcity of skilled professionals remain a hurdle. Nonetheless, the adoption of hyperautomation technologies to mitigate the impact of COVID-19 presents opportunities for market players. Lockdowns, transportation restrictions, and supply chain disruptions are expected to drive demand across different sectors.

Geographical Insights and Market Segmentation

The report segments the global hyperautomation market into North America, Europe, Asia Pacific, and the rest of the World. North America dominates this market, primarily due to national strategies promoting AI technology. However, the Asia Pacific region is poised for substantial growth, primarily driven by China's rising adoption of automation in its manufacturing sector. The presence of leading industries in countries like India and China is a significant factor contributing to hyperautomation adoption in this region.

Segments Covered

The report covers segments such as technology (robotic process automation, machine learning, natural language generation, chatbots, biometrics, and others) and end-users (BFSI, IT & Telecom, automotive, retail, healthcare, and others), providing a comprehensive analysis of the diverse hyperautomation landscape.

Key Market Players

Profiles of key companies in the hyperautomation market include Mitsubishi Electric Corporation, Automation Anywhere, Inc., Datamatics Global Services Limited, OneGlobe LLC, Catalytic Inc., Solvexis Ltd., Infosys Ltd., Tata Consultancy Services Limited, Appian Corp., and Rossum.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Hyperautomation Market Highlights

2.2. Hyperautomation Market Projection

2.3. Hyperautomation Market Regional Highlights

Chapter 3. Global Hyperautomation Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1.Drivers

3.2.2.Restraints

3.2.3.Opportunities

3.3. Analysis of COVID-19 impact on the Hyperautomation Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1.IGR-Growth Matrix Analysis by Technology

3.5.2.IGR-Growth Matrix Analysis by End-user

3.5.3.IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of Hyperautomation Market

Chapter 4. Hyperautomation Market Macro Indicator Analysis

Chapter 5. Global Hyperautomation Market by Technology

5.1. Robotic Process Automation (RPA)

5.2. Machine Learning (ML)

5.3. Natural Language Generation

5.4. Chatbots

5.5. Biometrics

5.6. Others

Chapter 6. Global Hyperautomation Market by End-user

6.1. BFSI

6.2. IT & Telecom

6.3. Automotive

6.4. Retail

6.5. Healthcare

6.6. Others

Chapter 7. Global Hyperautomation Market by Region 2021-2027

7.1. North America

7.1.1.North America Hyperautomation Market by Technology

7.1.2.North America Hyperautomation Market by End-user

7.1.3.North America Hyperautomation Market by Country

7.2. Europe

7.2.1.Europe Hyperautomation Market by Technology

7.2.2.Europe Hyperautomation Market by End-user

7.2.3.Europe Hyperautomation Market by Country

7.3. Asia-Pacific

7.3.1.Asia-Pacific Hyperautomation Market by Technology

7.3.2.Asia-Pacific Hyperautomation Market by End-user

7.3.3.Asia-Pacific Hyperautomation Market by Country

7.4. RoW

7.4.1.RoW Hyperautomation Market by Technology

7.4.2.RoW Hyperautomation Market by End-user

7.4.3.RoW Hyperautomation Market by Sub-region

Chapter 8. Company Profiles and Competitive Landscape

8.1. Competitive Landscape in the Global Hyperautomation Market

8.2. Companies Profiles

8.2.1.Mitsubishi Electric Corporation

8.2.2.Automation Anywhere, Inc.

8.2.3.Datamatics Global Services Limited

8.2.4.OneGlobe LLC

8.2.5.Catalytic Inc.

8.2.6.Solvexis Ltd.

8.2.7.Infosys Ltd.

8.2.8.Tata Consultancy Services Limited

8.2.9.Appian Corp.

8.2.10. Rossum

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of hyperautomation.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2027.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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