The rpa and hyperautomation market has seen substantial growth in recent years. The market, valued at $14.28 billion in 2024, is predicted to rise to $16.86 billion in 2025 at a compound annual growth rate (CAGR) of 18.0%. This rapid growth during the historical period can be largely attributed to factors such as business process optimization, digital transformation initiatives, a focus on enhancing workforce capabilities, and its early implementation in IT operations.
Looking forward, the rpa and hyperautomation market is set to continue this trend of exponential growth. Predicted to reach $38.11 billion in 2029, the market is set to grow at an impressive compound annual rate of 22.6%. Hyperautomation expansion, cost efficiency, productivity gains, industry-specific applications, cloud-based solutions, and post-pandemic transformation are all factors contributing to this forecasted market growth.
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What is Driving Growth in the RPA and Hyperautomation Market?
The significant increase of robotics integration in various industries is becoming a major driver in the growth of RPA and hyperautomation markets. Robots are automated machines designed to accurately and quickly complete specific tasks, reducing the need for human intervention.
Key Major Segments of RPA and Hyperautomation Market:
– By Component: Solution, Services
– By Deployment Mode: On-Premise, Cloud
– By Business Function: Sales And Marketing, Finance And Accounting, Human Resources, Supply Chain And Operations, Information Technology (IT)
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Who Are The Major Players in The RPA and Hyperautomation Market?
Leading companies operating in the rpa and hyperautomation market include IBM Corporation, Microsoft Corporation, SAP SE, Alteryx Inc., Nice Ltd., Pegasystems Inc., Appian Corporation, UiPath Inc., HelpSystems LLC, Automation Anywhere, among others.
What Are The Emerging Trends in The RPA and Hyperautomation Market?
The integration of RPA with artificial intelligence is a significant emerging trend in the RPA and hyperautomation market. Several companies are harnessing this combination to automate even more complex tasks like data analysis and decision-making processes.
Which Region Will Experience The Fastest Growth in The RPA and Hyperautomation Market?
North America dominated the RPA and hyperautomation market in 2024. However, Asia-Pacific is the region projected to experience the fastest growth during the forecast period.
What Does The RPA And Hyperautomation Market Report 2025 Offer?
RPA and hyperautomation refer to the application of automation to complex business processes that previously required the involvement of subject matter experts. Both these technologies allow for the automation of repetitive, predictable, and routine processes, emulating human behavior. As the market continues on its projected growth trajectory, these increasingly sophisticated technologies will be key to businesses maintaining efficiency and competitiveness.
The RPA And Hyperautomation Market research report from The Business Research Company offers detailed insights into global market size, regional shares, competitor analysis, and the trends and opportunities that are driving the market’s growth.
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