Hyper Automation Market size was valued at USD 45.35 billion in 2024 and is projected to exceed USD 307.04 billion by the end of 2037, expanding at over 16.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of hyper automation is evaluated at USD 51.37 billion..The market growth is mainly owing to the advancements in artificial intelligence and machine learning. These technologies enable automation tools to learn and adapt to different scenarios, making them more intelligent and capable of handling complex tasks. According to data, global spending on AI systems reached nearly USD 51 billion in the year 2021.
In addition, the hyper-automation market refers to the adoption and implementation of advanced technologies and tools to automate and optimize business processes across various industries. There has been surging investment in cloud-based technology in order to reduce the data storage space, and cost.
Author Credits: Abhishek Verma
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?