RPA and Hyperautomation - Global Strategic Business Report

The global market for RPA and Hyperautomation was valued at US$13.3 Billion in 2024 and is projected to reach US$37.1 Billion by 2030, growing at a CAGR of 18.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global RPA and Hyperautomation Market - Key Trends & Drivers Summarized

How Is RPA and Hyperautomation Transforming Business Processes?

Robotic Process Automation (RPA) and hyperautomation are revolutionizing the way businesses operate by automating repetitive tasks, streamlining workflows, and enhancing overall productivity. RPA enables organizations to deploy software robots, or 'bots,' to perform routine, rule-based tasks, such as data entry, invoicing, and customer service, with high accuracy and speed. Hyperautomation, which extends the capabilities of RPA, involves the integration of advanced technologies such as artificial intelligence (AI), machine learning (ML), and process mining to automate more complex processes and decision-making tasks. Together, these technologies are driving a new era of efficiency and innovation, allowing businesses to reduce costs, minimize errors, and respond more quickly to market changes.

What Technological Innovations Are Driving RPA and Hyperautomation?

The rapid advancement of AI, machine learning, and cognitive technologies is significantly enhancing the capabilities of RPA and hyperautomation, enabling these technologies to handle increasingly complex tasks and processes. The integration of AI and ML into automation platforms allows bots to learn from data, make predictions, and adapt to new situations, moving beyond simple task automation to more intelligent, decision-based automation. Additionally, the use of process mining and analytics tools enables organizations to identify inefficiencies in their workflows and optimize their automation strategies accordingly. The development of low-code and no-code platforms is also democratizing automation, making it easier for non-technical users to create and deploy bots, thus accelerating the adoption of RPA and hyperautomation across various industries.

What Industry Trends Are Influencing the Adoption of RPA and Hyperautomation?

Several industry trends are driving the adoption of RPA and hyperautomation, including the increasing demand for digital transformation, the need to enhance operational efficiency, and the growing focus on customer experience. As businesses across industries strive to remain competitive in an increasingly digital world, the adoption of automation technologies is becoming a key strategy for achieving greater efficiency and agility. The need to reduce operational costs and improve productivity, particularly in response to economic pressures and labor shortages, is also fueling the demand for RPA and hyperautomation solutions. Furthermore, the emphasis on delivering superior customer experiences is driving organizations to automate customer-facing processes, such as customer support and order processing, to ensure faster, more accurate service.

What Are the Key Drivers Behind the Growth of the RPA and Hyperautomation Market?

The growth in the RPA and hyperautomation market is driven by several factors, including the accelerating pace of digital transformation, the need to reduce operational costs, and the increasing complexity of business processes. The push for digital transformation across industries is a significant driver, as organizations seek to automate workflows and processes to stay competitive in a rapidly changing market. The need to reduce costs and improve efficiency, particularly in the wake of economic challenges and workforce shortages, is also propelling the adoption of automation technologies. Additionally, the increasing complexity of business operations, driven by factors such as globalization and regulatory compliance, is leading to greater demand for advanced automation solutions that can handle more sophisticated tasks and decision-making processes.

Report Scope

The report analyzes the RPA and Hyperautomation market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments

Component (Solutions, Services); Organization Size (Large Enterprises, SMEs); End-Use (BFSI End-Use, IT & Telecom End-Use, Retail End-Use, Healthcare & Lifesciences End-Use, Manufacturing End-Use, Transportation & Logistics End-Use, Other End-Uses).

Geographic Regions/Countries

World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the RPA & Hyperautomation Solutions segment, which is expected to reach US$26 Billion by 2030 with a CAGR of a 18.1%. The RPA & Hyperautomation Services segment is also set to grow at 19.9% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $3.6 Billion in 2024, and China, forecasted to grow at an impressive 26.2% CAGR to reach $9.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as AkaBot, Alteryx, Inc., Appian Corporation, Automation Anywhere, Inc., Celonis SE and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global RPA and Hyperautomation Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global RPA and Hyperautomation Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global RPA and Hyperautomation Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Some of the 43 major companies featured in this RPA and Hyperautomation market report include:

• AkaBot
• Alteryx, Inc.
• Appian Corporation
• Automation Anywhere, Inc.
• Celonis SE
• Compulink Management Center, Inc. dba Laserfiche
• Fortra, LLC
• International Business Machines Corp.
• Juniper Networks, Inc.
• Microsoft Corporaton
• NICE Ltd.
• PagerDuty, Inc.
• Pegasystems, Inc.
• SAP SE
• UiPath, Inc.