Global RPA and Hyperautomation Market Size to Grow
New York, June 17, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “RPA and Hyperautomation Market by Component, Business Function, Deployment Mode, Vertical and Region – Global Forecast to 2027” – https://www. reportlinker.com/p06287389/?utm_source=GNW
For a long time, leaders were unprepared for an overnight transformation to 100% digital operations. Remote work, e-commerce, security, supply chain, and business processes and software were all vulnerable to overwhelming expectations, bottlenecks, and points of failure across the organization. Business continuity and stability has suddenly become everyone’s top priority.
BFSI segment is expected to have the largest market size during the forecast period
In the BFSI industry, multiple systems are connected to each other through interfaces to allow the flow of transaction-related data. Automation solutions control and monitor these interfaces to ensure seamless transaction execution and resolve workflow bottlenecks.
These solutions improve the accuracy and efficiency of various processes and facilitate regulatory and compliance reporting by bringing together data from multiple systems and performing validation checks to prepare information for detailed analysis. Most banks are increasingly deploying hyperautomation solutions to improve productivity, improve cost savings, and improve customer experience.
Among the regions, APAC holds the highest CAGR during the forecast period
The Asia-Pacific region market is expected to grow at the highest CAGR during the forecast period. The RPA and hyperautomation market in the Asia-Pacific region includes China, Japan, India, and other countries in the region.
China, Japan, and India are among the key driving countries for the RPA and hyperautomation market in APAC.
The adoption of artificial intelligence technology by different verticals, such as BFSI, manufacturing, and retail, is expected to contribute to the strong growth of the RPA and hyperautomation market. Rapid economic development, globalization, digitalization, and increased adoption of cloud-based technologies are expected to drive the growth of the RPA and hyperautomation market in the Asia-Pacific region.
Distribution of primaries
In-depth interviews were conducted with CEOs, chief innovation and technology officers, system integrators, and executives from various key organizations operating in the call center AI market.
• By company: Level I: 35%, Level II: 45% and Level III: 20%
• By designation: C-level executives: 35%, D-level executives: 40% and others: 25%
• By region: North America: 45%, Asia-Pacific: 30%, Europe: 20% and Rest of the world: 5%
The report includes the study of key players offering the RPA and Hyperautomation market. Major vendors covered are IBM (US), Microsoft (US), SAP (Germany), Alteryx (US), Appian (US), Juniper Networks (US), NICE (Israel) , Zendesk (US), Pegasystems (US). ), Automation Anywhere (US), UiPath (US), ProcessMaker (US), SolveXia (Australia), PagerDuty (US), Celonis (US), Blue Prism (UK) , Laserfiche (US), akaBot (Vietnam), HelpSystems (US), Decisions (US), Datamatics (US), Quale Infotech (India), Laiye (China), Rocketbot (Chile), ElectroNeek (US), Automate.io (US), AutomationEdge (US), Techforce.ai (US), Turbotic (Sweden), Simple Fractal (US) and G1ANT (England).
The research study for the RPA and Hyperautomation Market involved numerous secondary sources, directories, and several journals, including the Journal of Intelligent Learning Systems and Applications, the International Journal of Advanced Science and Technology, and the International Research Journal of Engineering and Technology (IRJET). Primary sources were primarily industry experts from core and related industries, preferred RPA and hyperautomation solution providers, third-party service providers, consulting service providers, verticals, and other commercial enterprises . In-depth interviews were conducted with various key respondents, including key industry players and subject matter experts, to obtain and verify critical qualitative and quantitative information and to assess the market outlook.
Key Benefits of Purchasing the Report
The report would provide market leaders/new entrants in this market with information on the closest approximations of revenue figures for the overall RPA and Hyperautomation market and its sub-segments. It would help stakeholders understand the competitive landscape and acquire more information to better position their business and plan appropriate go-to-market strategies.
It also helps stakeholders understand the pulse of the market and provides them with insights on key market drivers, restraints, challenges, and opportunities.
Read the full report: https://www.reportlinker.com/p06287389/?utm_source=GNW
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