A recent research report by Polaris Market Research, titled “Hyperautomation Market Share, Size, Trends, Industry Analysis Report, By Technology (Robotic Process Automation (RPA), Machine Learning (ML), Biometrics, Chatbots); By End Use; By Function; By Region; Segment Forecast, 2023 – 2032” provides a comprehensive outlook on the hyperautomation market.
The market size valued at USD 36.50 Billion in 2022 and is expected to reach USD 167.02 Billion by 2032. The market growth is predicted at a CAGR of 16.4% during the forecast period. Hyperautomation plays a crucial role by eliminating human involvement in low-value processes and providing previously inaccessible business intelligence.
Key market growth drivers include low-code platforms, swift application development, and growing acceptance of SaaS and other platform-dependent services. The rising global digitalization and the implementation of RPA and AI in various industries also influence the market.
The report offers valuable insights into the market dynamics, product segments, regional analysis, top market players, and recent market trends. Some of the leading market players include: UiPath, Appian, Automation Anywhere, Zendex, Alteryx, Tata Consultancy Services, OneGlobe, SolveXia, Allerin Tech, PagerDuty, Honeywell International, Microsoft, and Juniper Network.
The report’s analysis indicates that the robotic process automation segment is expected to grow fastest. The marketing and sales segment accounts for the largest market share. Geographically, North America holds the largest market share, with Asia Pacific anticipated to experience rapid growth during the forecast period.
To explore the detailed report and discover more insights, visit: https://www.polarismarketresearch.com/industry-analysis/hyperautomation-market