PUBLISHER: The Business Research Company | PRODUCT CODE: 1662287
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662287
RPA and hyper-automation encompass the automation of intricate business processes that previously necessitated involvement from subject matter experts or professionals. Robotic Process Automation (RPA) involves the use of robots programmed to automate repetitive, predictable, and routine tasks, aiming to replicate human behavior in interactions.
The primary components of RPA and hyper-automation include solutions and services. These technologies are designed to enhance operational efficiency by automating tasks that were previously reliant on human labor. Hyper-automation provides robust automation solutions such as Robotic Process Automation (RPA), Intelligent Document Processing (IDP), Intelligent Business Process Management Suites (iBPMS), among others. RPA and hyper-automation can be deployed both on-premise and in the cloud, supporting various functions including sales and marketing, finance and accounting, human resources, supply chain and operations, and information technology (IT).
The RPA and hyper automation market research report is one of a series of new reports from The Business Research Company that provides RPA and hyper automation market statistics, including RPA and hyper automation industry global market size, regional shares, competitors with a RPA and hyper automation market share, detailed RPA and hyper automation market segments, market trends and opportunities, and any further data you may need to thrive in the RPA and hyper automation industry. This RPA and hyper-automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The rpa and hyperautomation market size has grown rapidly in recent years. It will grow from $14.28 billion in 2024 to $16.86 billion in 2025 at a compound annual growth rate (CAGR) of 18.0%. The growth in the historic period can be attributed to cost efficiency and productivity, business process optimization, shift to digital transformation, focus on workforce enhancement, early adoption in IT operations.
The rpa and hyperautomation market size is expected to see exponential growth in the next few years. It will grow to $38.11 billion in 2029 at a compound annual growth rate (CAGR) of 22.6%. The growth in the forecast period can be attributed to hyperautomation expansion, post-pandemic transformation, cost efficiency and productivity gains, industry-specific use cases, cloud-based solutions. Major trends in the forecast period include data security and privacy concerns, focus on scalability and flexibility, proliferation of intelligent automation, skill development and workforce changes, vendor innovation and competition.
The growing importance of robotics across various industries is driving the expansion of the Robotic Process Automation (RPA) and hyper-automation markets. Robotics refers to automated machines capable of performing specific tasks with speed and precision, requiring minimal human intervention. Hyper-automation enhances this concept by integrating RPA with artificial intelligence, enabling the automation of any repetitive task undertaken by business users. For instance, in April 2024, the International Federation of Robotics, a Germany-based organization, reported that the U.S. automotive industry experienced a 1% increase in sales, leading to a record installation of 14,678 robots in 2023. This follows an impressive 47% surge in installations in 2022, totaling 14,472 units. Thus, the rising significance of robotics in various sectors is anticipated to further fuel the growth of the RPA and hyper-automation markets.
The growth of the RPA and hyper-automation markets is anticipated to be propelled by organizations undergoing digital transformation initiatives. Digital transformation involves integrating digital technology into all aspects of a business, fundamentally changing its operations and value delivery. As organizations redefine their business strategies to remain competitive and relevant, RPA and hyper-automation play crucial roles in supporting these efforts. These technologies provide tools to enhance productivity, streamline workflows, and create organizations that are more responsive and flexible. For example, Zippia, Inc., a US-based data company providing online recruitment services, reported that global spending on digital transformation is projected to reach $6.8 trillion in 2023, a significant increase from $1.5 trillion in 2021. With 70% of organizations either implementing or developing a digital transformation strategy, the trajectory of these initiatives is expected to drive the growth of the RPA and hyper-automation markets.
Major companies in the RPA and hyper-automation market are prioritizing skill development in RPA to ensure their workforce possesses the expertise needed to effectively implement and manage automation solutions. This initiative will focus on exploring the integration of RPA with artificial intelligence (AI), thereby enhancing the capabilities of automation solutions. Such a combination enables the automation of more complex tasks, including data analysis and decision-making processes. For example, in October 2023, the Ministry of Electronics and Information Technology, an executive agency in India, launched a Robotic Process Automation (RPA) Lab at NIELIT Gorakhpur. This lab will offer practical training sessions for students and professionals to acquire skills in developing and managing software bots that automate repetitive tasks. This hands-on approach is crucial for grasping the real-world applications of RPA technologies. The lab will be equipped with modern tools and software, creating an environment conducive to experimentation and development in RPA technologies.
Major players in the RPA and hyper-automation market are actively pursuing strategic collaborations with prominent manufacturing companies as a key approach to fortify their market positions. Strategic collaborations enable companies to form partnerships with other entities possessing the requisite expertise, turning conceptual ideas into tangible realities. An illustrative example is the announcement made in February 2023 by DRUID AI, a Romania-based conversational artificial intelligence (AI) platform, regarding a multi-year strategic partnership with Roboyo GmbH, a Germany-based hyperautomation professional services company. This collaboration leverages DRUID's conversational AI technology layer and ROBOYO's extensive automation technology portfolio and consulting experience. Together, the companies aim to execute automation transformation projects that deliver substantial value across various industries.
In September 2022, UiPath Inc., a US-based manufacturer of robotic process automation software, entered into a partnership with qBotica for an undisclosed amount. This collaboration allows UiPath to enhance its portfolio by leveraging qBotica's expertise in delivering robotic process automation (RPA) solutions. qBotica Inc. is also a US-based company specializing in RPA and AI solutions.
Major companies operating in the rpa and hyperautomation market are IBM Corporation, Microsoft Corporation, SAP SE, Alteryx Inc., Nice Ltd., Pegasystems Inc., Appian Corporation, UiPath Inc., HelpSystems LLC, Automation Anywhere, ProcessMaker, SolveXia, Blue Prism Group Plc., Celonis, Laserfiche, Tata Consultancy Services, Catalytic Inc, OneGlobe LLC, Honeywell InternationalInc., NTTData, Accenture, Capgemini, Cognizant, Infosys, Larsen & Toubro Infotech, Tech Mahindra
North America was the largest region in the RPA and hyperautomation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the rpa and hyperautomation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the rpa and hyperautomation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The RPA and hyper-automation market consists of revenues earned by entities by providing automation services. The market value includes the value of related goods sold by the service provider or included within the service offering. The RPA and hyper-automation market also includes sales of solutions through artificial intelligence, machine learning, chatbots, and conversational AI. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
RPA And Hyperautomation Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on rpa and hyperautomation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for rpa and hyperautomation ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The rpa and hyperautomation market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.