Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What Is The Market Size Analysis For The Automation As A Service Market?
The automation as a service market size has seen robust growth in recent years, growing from $7.24 billion in 2024 to an expected $8.76 billion in 2025 at a compound annual growth rate (CAGR) of 21.1%. This impressive growth can be attributed to the increased demand for streamlined business processes, the evolution of robotic process automation (RPA), a shift towards cloud computing, focus on cost reduction and operational efficiency, and desire for scalable and flexible solutions.
The automation as a service market is set for exponential growth in the coming years, predicted to reach $21.45 billion in 2029 at a CAGR of 25.1%. This forecasted growth is due to increasing adoption of cloud-based solutions, growing demand for intelligent automation, the emphasis on hyper-automation strategies, industry-specific automation solutions, and the rise in remote workforce and digital transformation. Major trends forecasted include an increased demand for process automation, a shift towards cloud-based automation, and the rise of intelligent process automation (IPA) and increased application of AI and machine learning.
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What Are The Key Growth Drivers In The Automation As A Service Market?
The automation as a service market is driven by the increasing demand for automation across business processes. Automation in business operations involves using technology to carry out repetitive tasks that would otherwise require human intervention. This streamlines everything from recruiting processes, to accounts payable, and contract management. Automation increases productivity, reduces risks associated with human errors, and saves costs. As revealed in a global survey of 600 CIOs and IT decision-makers by Salesforce Inc, in the past two years, 91% of respondents witnessed an upsurge in the demand for automation across various business sectors. This increasing demand for automation is driving growth in the automation as a service market.
What Are The Major Segments In The Automation As A Service Market?
1) By Type: Rule-Based Automation, Knowledge-Based Automation
2) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
3) By Business Function: Information Technology, Finance, Human Resources, Sales And marketing, Operations
4) By Service: Managed Services, Professional Services
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Who Are The Major Players In The Automation As A Service Market?
Major companies operating in the automation as a service market include Automation Anywhere Inc., Blue Prism Group plc, HCL Technologies Limited, Hewlett Packard Enterprise Company, International Business Machines Corporation, Microsoft Corporation, UiPath, Pegasystems Inc., Kofax Inc., Nice Ltd., Accenture plc, Capgemini SE, Cognizant, Infosys Limited, Tata Consultancy Services Limited among others.
What Are The Emerging Trends In The Automation As A Service Market?
Innovative solutions like digital investment are being introduced by major companies in the automation as a service market to gain a competitive edge. These solutions use technology to offer secure access to expert-designed portfolios aimed at helping clients meet their financial goals.
What Does The Regional Analysis Highlight For The Automation As A Service Market?
North America was the largest region in the automation as a service market in 2024. However, the Asia-Pacific region is expected to demonstrate the fastest growth in the forecast period.
What Does The Automation As A Service Market Report 2025 Offer?
Automation as a service refers to a service that vendors provide to enterprises seeking to implement automation across their organization. This service improves speed, agility, service delivery, and reduces IT spending. Furthermore, it enhances productivity across departments and enables faster troubleshooting.
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