The global RPA and Hyperautomation market is estimated to develop at a compound annual growth rate (CAGR) of 23.1 per cent from USD 9.2 billion in 2022 to USD 26.0 billion in 2027.
Composition of the RPA and Hyperautomation Market: The Three Technologies Driving Growth
- Digital transformation with advanced techniques and surging demand for AI, ML
- Advanced analytics technologies for enhanced business operations, and
- Rising demand for automated solutions for business continuity and planning
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The Cloud category is expected to grow the most
The Cloud category is expected to grow at the fastest rate. The Cloud segment is predicted to have a higher CAGR during the forecast period.
SMEs are increasingly embracing cloud deployment due to its numerous advantages, including cheaper costs, faster and more efficient outcomes, flexibility, and scalability.
According to the research, IBM, Microsoft, SAP, Alteryx, Appian, Juniper Networks, NICE, Zendesk, Pegasystems, and others such as Automation Anywhere, UiPath, and Blue Prism are the top participants in the RPA and Hyperautomation Market.
