Hyper Automation Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Hyper Automation Market: By Technology Type ( Biometrics, Chatbots, Context –aware computing, Machine learning, Natural learning Generation, Robotic process automation) Organizational Size (Small & Medium Enterprise, Large Enterprise) End User (Automotive, Banking, financial services and insurance (BFSI), Healthcare & Life science, IT & Telecom, Manufacturing, Retail) and Geography

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Report

Description

Hyper Automation Market size is valued at USD 8,835.1 million in 2021 and is expected to reach a value of USD 28,648.7 million by 2028, growing at a CAGR of 18.3% during the forecast period 2022 to 2028. The global market provides a detailed overview of the hyper-automation market and that can be segmented by technology type, organization size, and end-user. By technology type, the hyper-automation market has been segmented into biometrics, chatbots, context-aware computing, machine learning, natural learning generation, and robotic process automation. The biometrics segment is likely to be the largest and fastest-growing segment in terms of technology type. Based on organizational size, the hyper-automation market is segmented into small & medium enterprises and large enterprises. Among these, the small & medium enterprises segment is expected to have the fastest-growing market during the forecast period 2022-2028. On the basis of end-users, the market is segregated into automotive, banking, financial services, and insurance (BFSI), healthcare & life science, IT & Telecom, manufacturing, and retail. The automotive segment accounted for the highest market share during the estimated period.

Key Developments:

In Feb 2020, Yseop, a prominent AI and NLG company, partnered with Automation Anywhere Inc., a major RPA company. The alliance aims to improve interoperability among joint customers and allow businesses to increase automation efficiency for future business processes.


Hyper Automation Market

MARKET SUMMARY
-
18.3%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR–18.3%
  • Largest Market–
  • Fastest Growing Market–

Hyper Automation Market

  • The Hyper Automation Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The Hyper Automation Market is segmented based on by technology type, organization size, and end-user and geography.
Key Players
  • Tata consultancy services Ltd.
  • Automation anywhere Inc.
  • Wipro Ltd.
  • Allerin tech Pvt. ltd.
  • OneGlobe LLC
  • Mitsubishi Electric Corp.

Hyper Automation Market Drivers

Technology is progressing, and every industry is attempting to keep up with the changes. Hyper automation in construction safety assists businesses in detecting safety infractions so that they do not become accidents or liabilities. Furthermore, increased robotic process automation deployment and increased investments by small and medium firms in the automation industry are expected to drive market demand during the forecasted years.


Asia-Pacific Got Significant Share

Hyper Automation Market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The hyper-automation market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The hyper-automation market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The hyper-automation market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The hyper-automation market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The hyper-automation market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Hyper Automation Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The Hyper Automation Market is projected to expand at a CAGR of 18.3% during the forecast period.

The major players in the global Hyper Automation Market 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., and Appian Corp etc

Asia-Pacific is the fastest-growing region for Hyper Automation Market


Report

Table Of Content

1. Executive Summary
2. Global Hyper Automation Market Introduction
2.1. Global Hyper Automation Market – Taxonomy
2.2. Global Hyper Automation Market –Definitions
2.2.1. Technology Type
2.2.2. Organizational Size
2.2.3. End User
3. Global Hyper Automation Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Hyper Automation Market Dynamic Factors – Impact Analysis
3.6. Global Hyper Automation Market – Competition Landscape
3.7. Epidemiology
4. Global Hyper Automation Market Analysis,2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis,2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Hyper Automation Market, By Technology Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Biometrics
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Chatbots
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Context –aware computing
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Machine learning
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Natural learning Generation
5.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Robotic process automation
5.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
6. Global Hyper Automation Market Forecast, By Organizational Size  , 2017 – 2021 and Forecast, 2021 – 2027 (Revenue, USD Mn)
6.1. Small & Medium Enterprise
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Large Enterprise
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Hyper Automation Market Forecast, By End User, 2017 – 2021 and Forecast, 2021 – 2027 (Revenue, USD Mn)
7.1. Automotive
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Banking, financial services and insurance (BFSI)
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Healthcare & Life science
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. IT & Telecom
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Manufacturing
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Retail
7.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.6.3. Market Opportunity Analysis
8. Global Hyper Automation Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Hyper Automation Market – Opportunity Analysis Index, By Technology Type, Organizational Size  , Application and Region, 2022 – 2028
9. North America Hyper Automation MarketAnalysis,2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. By  Technology Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Biometrics
9.1.2. Chatbots
9.1.3. Context –aware computing
9.1.4. Machine learning
9.1.5. Natural learning Generation
9.1.6. Robotic process automation
9.2. Organizational Size   Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Small & Medium Enterprise
9.2.2. Large Enterprise
9.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Automotive
9.3.2. Banking, financial services and insurance (BFSI)
9.3.3. Healthcare & Life science
9.3.4. IT & Telecom
9.3.5. Manufacturing
9.3.6. Retail
9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Hyper Automation Market – Opportunity Analysis Index, By  Technology Type, Organizational Size, End User, and Country, 2022 – 2028
9.6. North America Hyper Automation Market Dynamics – Trends
10. Europe Hyper Automation Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. By  Technology Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Biometrics
10.1.2. Chatbots
10.1.3. Context –aware computing
10.1.4. Machine learning
10.1.5. Natural learning Generation
10.1.6. Robotic process automation
10.2. Organizational Size   Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Small & Medium Enterprise
10.2.2. Large Enterprise
10.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Automotive
10.3.2. Banking, financial services and insurance (BFSI)
10.3.3. Healthcare & Life science
10.3.4. IT & Telecom
10.3.5. Manufacturing
10.3.6. Retail
10.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Hyper Automation Market – Opportunity Analysis Index, By  Technology Type, Organizational Size, End User, and Country, 2022 – 2028
10.6. Europe Hyper Automation Market Dynamics – Trends
11. Asia-Pacific Hyper Automation Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. By  Technology Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
11.1.1. Biometrics
11.1.2. Chatbots
11.1.3. Context –aware computing
11.1.4. Machine learning
11.1.5. Natural learning Generation
11.1.6. Robotic process automation
11.2. Organizational Size   Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Small & Medium Enterprise
11.2.2. Large Enterprise
11.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Automotive
11.3.2. Banking, financial services and insurance (BFSI)
11.3.3. Healthcare & Life science
11.3.4. IT & Telecom
11.3.5. Manufacturing
11.3.6. Retail
11.4. Country Analysis2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Hyper Automation Market – Opportunity Analysis Index, By  Technology Type, Organizational Size, End User, and Country, 2022 – 2028
11.6. Asia-Pacific Hyper Automation Market Dynamics – Trends
12. Latin America Hyper Automation Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. By  Technology Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Biometrics
12.1.2. Chatbots
12.1.3. Context –aware computing
12.1.4. Machine learning
12.1.5. Natural learning Generation
12.1.6. Robotic process automation
12.2. Organizational Size   Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Small & Medium Enterprise
12.2.2. Large Enterprise
12.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Automotive
12.3.2. Banking, financial services and insurance (BFSI)
12.3.3. Healthcare & Life science
12.3.4. IT & Telecom
12.3.5. Manufacturing
12.3.6. Retail
12.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Hyper Automation Market – Opportunity Analysis Index, By  Technology Type, Organizational Size, End User, and Country, 2022 – 2028
12.6. Latin America Hyper Automation Market Dynamics – Trends
13. Middle East and Africa Hyper Automation Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
13.1. By  Technology Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
13.1.1. Biometrics
13.1.2. Chatbots
13.1.3. Context –aware computing
13.1.4. Machine learning
13.1.5. Natural learning Generation
13.1.6. Robotic process automation
13.2. Organizational Size   Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Small & Medium Enterprise
13.2.2. Large Enterprise
13.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Automotive
13.3.2. Banking, financial services and insurance (BFSI)
13.3.3. Healthcare & Life science
13.3.4. IT & Telecom
13.3.5. Manufacturing
13.3.6. Retail
13.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Hyper Automation Market – Opportunity Analysis Index, By  Technology Type, Organizational Size, End User, and Country, 2022 – 2028
13.6. MEA Hyper Automation Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Organizational Size  & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Tata consultancy services Ltd.
14.2.2. Automation anywhere Inc.
14.2.3. Wipro Ltd.
14.2.4. Allerin tech Pvt. ltd.
14.2.5. OneGlobe LLC
14.2.6. Mitsubishi Electric Corp.
14.2.7. Infosys Ltd.
14.2.8. Catalytic Inc.
14.2.9. Solvexis Ltd.
14.2.10. Appian Corp.
14.2.11. Congnyvo
15. Research Methodology
16. Key Assumptions and Acronyms

Report

Company Profile

  • 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.

Description

Hyper Automation Market size is valued at USD 8,835.1 million in 2021 and is expected to reach a value of USD 28,648.7 million by 2028, growing at a CAGR of 18.3% during the forecast period 2022 to 2028. The global market provides a detailed overview of the hyper-automation market and that can be segmented by technology type, organization size, and end-user. By technology type, the hyper-automation market has been segmented into biometrics, chatbots, context-aware computing, machine learning, natural learning generation, and robotic process automation. The biometrics segment is likely to be the largest and fastest-growing segment in terms of technology type. Based on organizational size, the hyper-automation market is segmented into small & medium enterprises and large enterprises. Among these, the small & medium enterprises segment is expected to have the fastest-growing market during the forecast period 2022-2028. On the basis of end-users, the market is segregated into automotive, banking, financial services, and insurance (BFSI), healthcare & life science, IT & Telecom, manufacturing, and retail. The automotive segment accounted for the highest market share during the estimated period.

Key Developments:

In Feb 2020, Yseop, a prominent AI and NLG company, partnered with Automation Anywhere Inc., a major RPA company. The alliance aims to improve interoperability among joint customers and allow businesses to increase automation efficiency for future business processes.

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