The Asia Pacific Hyperautomation Market would witness market growth of 17.2% CAGR during the forecast period (2022-2028).
The use of RPA and AI in contact centers to automate manual tasks such as mouse clicks and application launches to assist agents in swiftly get customer information from various systems is another example from the real world. When a consumer calls, an agent may get a more thorough customer profile without constantly navigating between apps or screens.
Other service-related tasks like CRM, shipment tracking, and project automation may be added to these activities. By gathering and combining billing information from many departments without the need for human interaction, hyperautomation may construct intelligent billing processes. Intelligent chatbots can help and automate bill submissions, and AI and RPA can detect medical insurance coverage and conditions, for instance.
The transcription of speech into text is made possible by ML-enabled voice recognition, which can process thousands of instances at once. The enhancement of back-office and customer-facing operations, which improves the entire customer experience and increases operational efficiency, is the final consequence of all of these hyperautomation processes.
India is likely to be an attractive market for safer city solutions because of the many projects that have been announced and are anticipated to be completed in the next years. This would encourage the regional use of AI, ML, and big data. Furthermore, STEM education is a notion that the Chinese government and people support. The country's educational options for female students have steadily increased during the last several years. To improve women's educational chances, the Chinese government has proposed a number of programmes. As a result, there are now more female students overall and in the STEM fields at China's educational institutions. As a result, hyper-automation would also be supported since the workforce of the future would be prepared to operate in a digital setting.
The China market dominated the Asia Pacific Hyperautomation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $6,667.4 million by 2028. The Japan market is estimated to grow a CAGR of 16.5% during (2022 - 2028). Additionally, The India market would display a CAGR of 17.9% during (2022 - 2028).
Based on Deployment, the market is segmented into Cloud and On-premise. Based on Technology, the market is segmented into Robotic Process Automation (RPA), Machine Learning & Natural Language Generation, Context Aware Computing & Chatbots, Biometrics, and Computer Vision. Based on Function, the market is segmented into Finance & Accounting, Information Technology (IT), Marketing & Sales, Operations & Supply Chain, and Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Enterprise Size, the market is segmented into Large-size Enterprises and Small- & Medium-size Enterprises (SMEs). Based on Vertical, the market is segmented into Telecom & IT, BFSI, Manufacturing, Automotive, Retail, Healthcare, Transportation & Logistics, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Wipro Limited, Honeywell International, Inc., Tata Consultancy Services Ltd., Mitsubishi Electric Corporation, Appian Corporation, UiPath, Inc., Automation Anywhere, Inc., OneGlobe, LLC, SolveXia Pty. Ltd., and Allerin Tech Pvt. Ltd.
The use of RPA and AI in contact centers to automate manual tasks such as mouse clicks and application launches to assist agents in swiftly get customer information from various systems is another example from the real world. When a consumer calls, an agent may get a more thorough customer profile without constantly navigating between apps or screens.
Other service-related tasks like CRM, shipment tracking, and project automation may be added to these activities. By gathering and combining billing information from many departments without the need for human interaction, hyperautomation may construct intelligent billing processes. Intelligent chatbots can help and automate bill submissions, and AI and RPA can detect medical insurance coverage and conditions, for instance.
The transcription of speech into text is made possible by ML-enabled voice recognition, which can process thousands of instances at once. The enhancement of back-office and customer-facing operations, which improves the entire customer experience and increases operational efficiency, is the final consequence of all of these hyperautomation processes.
India is likely to be an attractive market for safer city solutions because of the many projects that have been announced and are anticipated to be completed in the next years. This would encourage the regional use of AI, ML, and big data. Furthermore, STEM education is a notion that the Chinese government and people support. The country's educational options for female students have steadily increased during the last several years. To improve women's educational chances, the Chinese government has proposed a number of programmes. As a result, there are now more female students overall and in the STEM fields at China's educational institutions. As a result, hyper-automation would also be supported since the workforce of the future would be prepared to operate in a digital setting.
The China market dominated the Asia Pacific Hyperautomation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $6,667.4 million by 2028. The Japan market is estimated to grow a CAGR of 16.5% during (2022 - 2028). Additionally, The India market would display a CAGR of 17.9% during (2022 - 2028).
Based on Deployment, the market is segmented into Cloud and On-premise. Based on Technology, the market is segmented into Robotic Process Automation (RPA), Machine Learning & Natural Language Generation, Context Aware Computing & Chatbots, Biometrics, and Computer Vision. Based on Function, the market is segmented into Finance & Accounting, Information Technology (IT), Marketing & Sales, Operations & Supply Chain, and Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Enterprise Size, the market is segmented into Large-size Enterprises and Small- & Medium-size Enterprises (SMEs). Based on Vertical, the market is segmented into Telecom & IT, BFSI, Manufacturing, Automotive, Retail, Healthcare, Transportation & Logistics, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Wipro Limited, Honeywell International, Inc., Tata Consultancy Services Ltd., Mitsubishi Electric Corporation, Appian Corporation, UiPath, Inc., Automation Anywhere, Inc., OneGlobe, LLC, SolveXia Pty. Ltd., and Allerin Tech Pvt. Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Deployment
- Cloud
- On-premises
By Technology
- Robotic Process Automation (RPA)
- Machine Learning & Natural Language Generation
- Context Aware Computing & Chatbots
- Biometrics
- Computer Vision
By Function
- Finance & Accounting
- Information Technology (IT)
- Marketing & Sales
- Operations & Supply Chain
- Others
By Component
- Hardware
- Software
- Services
By Enterprise Size
- Large-size Enterprises
- Small- & Medium-size Enterprises (SMEs)
By Vertical
- Telecom & IT
- BFSI
- Manufacturing
- Automotive
- Retail
- Healthcare
- Transportation & Logistics
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Wipro Limited
- Honeywell International, Inc
- Tata Consultancy Services Ltd
- Mitsubishi Electric Corporation
- Appian Corporation
- UiPath, Inc
- Automation Anywhere, Inc
- OneGlobe, LLC
- SolveXia Pty. Ltd
- Allerin Tech Pvt. Ltd
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Hyperautomation Market, by Deployment
1.4.2 Asia Pacific Hyperautomation Market, by Technology
1.4.3 Asia Pacific Hyperautomation Market, by Function
1.4.4 Asia Pacific Hyperautomation Market, by Component
1.4.5 Asia Pacific Hyperautomation Market, by Enterprise Size
1.4.6 Asia Pacific Hyperautomation Market, by Vertical
1.4.7 Asia Pacific Hyperautomation Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, May - 2022, Nov) Leading Players
Chapter 4. Asia Pacific Hyperautomation Market by Deployment
4.1 Asia Pacific Cloud Market by Country
4.2 Asia Pacific On-premise Market by Country
Chapter 5. Asia Pacific Hyperautomation Market by Technology
5.1 Asia Pacific Robotic Process Automation (RPA) Market by Country
5.2 Asia Pacific Machine Learning & Natural Language Generation Market by Country
5.3 Asia Pacific Context Aware Computing & Chatbots Market by Country
5.4 Asia Pacific Biometrics Market by Country
5.5 Asia Pacific Computer Vision Market by Country
Chapter 6. Asia Pacific Hyperautomation Market by Function
6.1 Asia Pacific Finance & Accounting Market by Country
6.2 Asia Pacific Information Technology (IT) Market by Country
6.3 Asia Pacific Marketing & Sales Market by Country
6.4 Asia Pacific Operations & Supply Chain Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Hyperautomation Market by Component
7.1 Asia Pacific Hardware Market by Country
7.2 Asia Pacific Software Market by Country
7.3 Asia Pacific Services Market by Country
Chapter 8. Asia Pacific Hyperautomation Market by Enterprise Size
8.1 Asia Pacific Large-size Enterprises Market by Country
8.2 Asia Pacific Small- & Medium-size Enterprises (SMEs) Market by Country
Chapter 9. Asia Pacific Hyperautomation Market by Vertical
9.1 Asia Pacific Telecom & IT Market by Country
9.2 Asia Pacific BFSI Market by Country
9.3 Asia Pacific Manufacturing Market by Country
9.4 Asia Pacific Automotive Market by Country
9.5 Asia Pacific Retail Market by Country
9.6 Asia Pacific Healthcare Market by Country
9.7 Asia Pacific Transportation & Logistics Market by Country
9.8 Asia Pacific Others Market by Country
Chapter 10. Asia Pacific Hyperautomation Market by Country
10.1 China Hyperautomation Market
10.1.1 China Hyperautomation Market by Deployment
10.1.2 China Hyperautomation Market by Technology
10.1.3 China Hyperautomation Market by Function
10.1.4 China Hyperautomation Market by Component
10.1.5 China Hyperautomation Market by Enterprise Size
10.1.6 China Hyperautomation Market by Vertical
10.2 Japan Hyperautomation Market
10.2.1 Japan Hyperautomation Market by Deployment
10.2.2 Japan Hyperautomation Market by Technology
10.2.3 Japan Hyperautomation Market by Function
10.2.4 Japan Hyperautomation Market by Component
10.2.5 Japan Hyperautomation Market by Enterprise Size
10.2.6 Japan Hyperautomation Market by Vertical
10.3 India Hyperautomation Market
10.3.1 India Hyperautomation Market by Deployment
10.3.2 India Hyperautomation Market by Technology
10.3.3 India Hyperautomation Market by Function
10.3.4 India Hyperautomation Market by Component
10.3.5 India Hyperautomation Market by Enterprise Size
10.3.6 India Hyperautomation Market by Vertical
10.4 South Korea Hyperautomation Market
10.4.1 South Korea Hyperautomation Market by Deployment
10.4.2 South Korea Hyperautomation Market by Technology
10.4.3 South Korea Hyperautomation Market by Function
10.4.4 South Korea Hyperautomation Market by Component
10.4.5 South Korea Hyperautomation Market by Enterprise Size
10.4.6 South Korea Hyperautomation Market by Vertical
10.5 Singapore Hyperautomation Market
10.5.1 Singapore Hyperautomation Market by Deployment
10.5.2 Singapore Hyperautomation Market by Technology
10.5.3 Singapore Hyperautomation Market by Function
10.5.4 Singapore Hyperautomation Market by Component
10.5.5 Singapore Hyperautomation Market by Enterprise Size
10.5.6 Singapore Hyperautomation Market by Vertical
10.6 Malaysia Hyperautomation Market
10.6.1 Malaysia Hyperautomation Market by Deployment
10.6.2 Malaysia Hyperautomation Market by Technology
10.6.3 Malaysia Hyperautomation Market by Function
10.6.4 Malaysia Hyperautomation Market by Component
10.6.5 Malaysia Hyperautomation Market by Enterprise Size
10.6.6 Malaysia Hyperautomation Market by Vertical
10.7 Rest of Asia Pacific Hyperautomation Market
10.7.1 Rest of Asia Pacific Hyperautomation Market by Deployment
10.7.2 Rest of Asia Pacific Hyperautomation Market by Technology
10.7.3 Rest of Asia Pacific Hyperautomation Market by Function
10.7.4 Rest of Asia Pacific Hyperautomation Market by Component
10.7.5 Rest of Asia Pacific Hyperautomation Market by Enterprise Size
10.7.6 Rest of Asia Pacific Hyperautomation Market by Vertical
Chapter 11. Company Profiles
11.1 Wipro Limited
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.5.2 Acquisition and Mergers:
11.1.6 SWOT Analysis
11.2 Honeywell International, Inc.
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expenses
11.2.5 Recent strategies and developments:
11.2.5.1 Acquisition and Mergers:
11.2.6 SWOT Analysis
11.3 Tata Consultancy Services Ltd.
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expenses
11.3.5 Recent Strategies and Developments:
11.3.5.1 Product Launches and Product Expansions:
11.3.6 SWOT Analysis
11.4 Mitsubishi Electric Corporation
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expense
11.4.5 Recent strategies and developments:
11.4.5.1 Acquisition and Mergers:
11.5 Appian Corporation
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Product Launches and Product Expansions:
11.5.5.2 Acquisition and Mergers:
11.6 UiPath, Inc.
11.6.1 Company Overview
11.6.2 Recent strategies and developments:
11.6.2.1 Partnerships, Collaborations, and Agreements:
11.6.2.2 Product Launches and Product Expansions:
11.6.2.3 Acquisition and Mergers:
11.7 Automation Anywhere, Inc.
11.7.1 Company Overview
11.7.2 Recent strategies and developments:
11.7.2.1 Partnerships, Collaborations, and Agreements:
11.7.2.2 Product Launches and Product Expansions:
11.8 OneGlobe, LLC
11.8.1 Company Overview
11.9 SolveXia Pty. Ltd.
11.9.1 Company Overview
11.10. Allerin Tech Pvt. Ltd.
11.10.1 Company Overview
Companies Mentioned
- Wipro Limited
- Honeywell International, Inc.
- Tata Consultancy Services Ltd.
- Mitsubishi Electric Corporation
- Appian Corporation
- UiPath, Inc.
- Automation Anywhere, Inc.
- OneGlobe, LLC
- SolveXia Pty. Ltd.
- Allerin Tech Pvt. Ltd.
Methodology
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