Hyperautomation market is anticipated to grow at a considerable CAGR of 19.5% during the forecast period. The high demand for hyperautomation from several end-user industrial verticals is a key factor driving the growth of the global market. According to the research of Salesforce and Vanson Bourne in June 2022, hyperautomation is a key priority for CIOs. The survey reveals that 80.0% of organizations will have hyperautomation on their technology roadmap within the next 24 months.
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Additionally, in May 2022, Pegasystems acquired Everflow, a Brazilian-based process mining company. This acquisition was done by Pega to position itself as a platform of choice for hyperautomation across the enterprise, building on its other recent platform advancements. Such strategies are being actively adopted by the companies operating in this industry to remain competitive in the marketplace.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Hyperautomation Market by Component
- Solutions
- Services
Global Hyperautomation Market by Technology
- Robotic Process Automation (RPA)
- Machine Learning (ML)
- Natural Language Generation (NLG)
- Biometrics
- Chatbot
- Context-Aware Computing
- Computer Vision
Global Hyperautomation Market by End-User Vertical
- Manufacturing
- Retail
- IT & Telecom
- Education
- Automotive
- Manufacturing
- Healthcare & Life Science
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Amelia LLC
- Blue Prism Ltd.
- Catalytic Inc.
- Celaton Ltd.
- EdgeVerve Systems Ltd. (Infosys)
- FPT Software Ltd.
- HelpSystems, LLC
- KOFAX, Inc.
- Mitsubishi Electric Corp.
- NICE Ltd.
- NTT Advanced Technology Corp.
- OnviSource, Inc.
- Pegasystems
- Redwood Software Inc.
- UiPath
- Verint Systems Inc.
- Xerox Holdings Corp.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global hyperautomation market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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