Global Hyperautomation Market was valued at USD 5.82 Billion in 2021 and is expected to reach USD 18.91 Billion by the year 2028, at a CAGR of 21.75%

Hyperautomation  involves the systematic use of multiple technologies. Hyperautomation allows companies to quickly identify and automate as many processes as possible using technologies such as robotic process automation . Hyperautomation is the combination of automation, artificial intelligence and robotics techenologies  Tools such as RPA, LCAP, and AI are considered process-independent software which is easier to be deployed across multiple IT and business uses in any organization hyperautomation is the techenology driven tool which is tranding now a days

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The market is expected to grow at double-digit rates until 2022. Other software designed to automate more specific tasks, such as ERP, supply chains, and CRM systems also expected to grow at a substantial rate.

The Major Players in The Global Hyperautomation Market:

  • UiPath
  • SolveXia
  • Mitsubishi Electric Corporation
  • Allerin Tech Pvt. Ltd.
  • Wipro Limited
  • Catalytic Inc.
  • Appian
  • Tata Consultancy Services Ltd.
  • OneGlobe LLC
  • Automation Anywhere Inc
  • JK Tech
  • Vuram Technologies
  • IBM
  • Oracle and others major players.

Market has segmented the Global Hyperautomation Market on the basis of techenplogy, End use , and region:

By Techenology:

  • Artificial Intelligence
  • Machine Learning
  • Robotic Process Automation
  • Others


By End Use:  

  • IT & Telecom
  • BFSI
  • Manufacturing
  • Retail
  • Automotive
  • Others

By Regional Outlook (Revenue, USD Billion, 2017 – 2028)

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
  • Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of South America)

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Covid-19 Impact and Recovery Analysis on Industry:

The unprecedented economic impact of COVID19 on supply and demand, as well as its impact on geopolitics and globalization, will shape the future of automation. The coronavirus pandemic has the potential to drive improved automated digitization and artificial intelligence (AI) in the automotive sector in the post-COVID era, improving resilience to future pandemics. In these situations, automation and robotics may reduce reliance on human labor, increase productivity, and reduce the likelihood of future plant outages. In addition, IoT, AI, and digitalization will be very important in the future and will determine new ways of working. This opens up the possibility of a super-automated market in the coming years

Recent Key developments;    

May 19, 2021, JK Tech, a global IT solutions company, has partnered with Evolute IQ, a market-leading ultra-automated technology company. Through this strategic alliance, JK Tech will use the e.IQ Low-code / No code Hyperautomation platform to co-develop innovative business solutions for claims, compliance, financial services, healthcare, retail customer journey management, and CPG.

October 2020, Mindfields, a global intelligent automation, and artificial intelligence (AI) consultancy, and Amelia, the largest independent leader in enterprise AI, announced a partnership to provide Australian customers with their hyper-automation services. The solution integrates Amelia, a market-leading conversational AI agent, with Mindfields' vertical and horizontal automation products such as CoE.exe, CFO.exe, MindVirutal, MindEzy, MindUni, and MindSupport. Mindfields automation implementation and consulting services will also be integrated into Amelia.

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