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Asia-Pacific Hyper-Automation Market, (By Deployment Mode - Introduction, Cloud, On-Premises. By Components - Software, Hardware, Solutions. By Technology- Robotic Process Automation, AI, Context-Aware Computing, Machine Learning, Chabot’s, Biometrics, NLG. By Industry Vertical - BFSI, Manufacturing, Healthcare, Retail, Automotive. By Organization - Small Enterprises, Medium Enterprises. By Asia-Pacific) - Market insights, analysis, trends, and forecast 2022-2032

Published Date : April 2022 | Report Id : AUT 001 | Format : PDF,PPT | Slides : 180
Report Type : Syndicate Report

The Asia-Pacific hyper-automation market was valued at USD 1.28 billion in 2021 and it is expected to reach USD 8.87 billion by 2032 at a CAGR of 18.5% during the forecast period between 2022 and 2032. Hyper-automation is growing in popularity in the Asia-Pacific region. In 2022, hyper-automation is identified as the top strategic trend by a technological research corporation Gartner. In addition, companies are investing to produce innovative productions such as artificial intelligence, machine learning, Robotic Process Automation (RPA) to provide genuine customer supports in IT sectors and organizations across the region. It works in harmony with IT sectors to generate multiple complex business processes.

In Asia-Pacific, China hold maximum share of the hyper-automation market in 2021.

Asia-Pacific Hyper-Automation Market

Source: SAI Research

Hyper-automation is an idea that says everything can be automated in an organization. In organizations, hyper-automation is used to make artificial intelligence, RPA, and other technologies that can be worked without human interference or involvement. As mentioned above that hyper-automation is growing its popularity in the Asia-Pacific region, which would get more benefits during the upcoming years. In present days, the working team from hyper-automation industries is focusing on improving its technological quality. They are trying to enhance the speed of decision-making ability.  

Many companies are not maximizing their investments because they lack knowledge about how outdated processes can stop them from making business growth. They need to understand how the technology of hyper-automation truly works across organizations, people, and systems. Advanced data science and artificial intelligence have increased the demand for machine learning. Hyper-automation companies are utilizing these technologies and the adoption rate of the same is estimated to grow during the forecast period. China and Japan, these two countries are the world’s major exporters of industrial robots and they are using artificial intelligence to produce innovative technologies to stay ahead in the hyper-automation market across the region. In 2020, the Indian government made an announcement for billion-dollar packages to establish soft toys manufacturing companies, semiconductor hubs, and other new technologies. In 2021, European Union also made an announcement to establish semiconductor manufacturing units and proposed the European Chips Act for the further development of the same. Artificial intelligence is expected to grow in the hyper-automation market during the forecast period and the major reason is its agility to interpret data and take actions according to the defined rules in the system.

Growing key technologies such as RPA and AI are enabling their usage in IT industries so they could help and improve customer services in various online fields. Moreover, some companies want to increase their marketing growth by doing partnerships with IT sectors. Cyclone Robotics and Sinolink began to provide facilities to some companies, and they have been deployed more than 200 RPA operations in 2021 which were successful. They provided twenty-four hours of automated operations to save hundred hours of manpower each day. In present days, Sinolink has been working to build more hyper-automation offices. Leading companies such as DJI and SenseTime are the major players in China. The companies provide artificial intelligence to help the digital world become more powerful. Moreover, DJI and SenseTime are building AI drones to provide various range of applications in the hyper-automation market. 

Growing digitalization in telecommunication, automotive, healthcare system, financial services, banking, and other sectors is influencing the manufacturing companies such as Tata Consultancy Services, Mitsubishi Electric Corporation and Cyclone Robotics to expand their growth and provide new innovative products in the hyper-automation market in the Asia-Pacific region. From the past few years, technological advancements have been helping people to overcome new challenges in Covid-19 situation. Therefore, in recent years many industries are getting benefits from hyper-automation technologies. It helps in reducing technical errors in work; it helps in saving human time and it is developing other technical works as well. Human beings have issues in providing exact data in a system; therefore, by using hyper-automation humans could provide exact data using robotic process automation, machine learning, and other technological procedure.  

Key players for the hyper-automation market in the Asia-Pacific region are Cigniti Technologies (Hyderabad), Cyclone Robotics (China), Mitsubishi Electric Corporation (Tokyo), Vuram (Tamil Nadu), SenseTime (Hong Kong), DJI (Nanshan, Shenzen, China), Tata Consultancy Service (Mumbai) and Infosys (Bengaluru). Robotic Process Automation providers such as Mitsubishi Electric Corporation, DJI Technology Company, Spec India, LeapMind Inc., and other organizations are working to provide solutions for hyper-automation cases too. Hyper-automation in commercial and industrial sectors is using different tools for different operations through different ERP systems which cannot analyze big data information of its own. Therefore, this kind of issues is expected to be solved in upcoming years with the help of hyper-automation deployment in their new system.

Scope of the Report:

Report Coverage

Details

Base Year:

2021

Market Size in 2021:

 USD 1.28 Billion

Historical Data for:

2019, 2020 and 2021

Forecast Period:

 2022 to 2032

Forecast Period 2022 to 2032 CAGR:

18.5%

2032 Value Projection:

 USD 8.87 Billion

Segments covered:

By Deployment Mode - Introduction, Cloud, On-Premises.

By Components - Software, Hardware, Solutions.

By Technology- Robotic Process Automation, Artificial Intelligence, Context-Aware Computing, Machine Learning, Chatbots, Biometrics, Natural Language Generations and Others.

By Industry Vertical - Banking, Financial Services and Insurance (BFSI), Manufacturing, Healthcare, Retail, Automotive.

By Organization - Small Enterprises, Medium Enterprises. 

Geographies covered:

By Region and Country - 
Japan, India, China, Australia, Indonesia, ASEAN Countries, South Korea, Others

Companies covered:

Cigniti Technologies (Hyderabad), Cyclone Robotics (China), Mitsubishi Electric Corporation (Tokyo), Vuram (Tamil Nadu), SenseTime (Hong Kong), DJI (Nanshan, Shenzen, China), Tata Consultancy Service (Mumbai) and Infosys (Bengaluru). Robotic Process Automation providers such as Mitsubishi Electric Corporation, DJI Technology Company, Spec India, LeapMind Inc., and other

Asia-Pacific Hyper-Automation Market Has Been Segmented Into:

Asia-Pacific Hyper-Automation Market: by Deployment Mode

  • Introduction
  • Cloud
  • On-Premises

Asia-Pacific Hyper-Automation Market: by Components

  • Software
  • Hardware
  • Solutions

Asia-Pacific Hyper-Automated Market: by Technology

  • Robotic Process Automation
  • Artificial Intelligence
  • Context-Aware Computing
  • Machine Learning
  • Chatbots
  • Biometrics
  • Natural Language Generations and Others

Asia-Pacific Hyper-Automation Market: by Industry Vertical

  • Introduction
  • Banking, Financial Services and Insurance (BFSI)
  • Manufacturing
  • Healthcare
  • Retail
  • Automotive
  • Others

Hyper-Automation Market: by Organization Size

  • Small Enterprises
  • Medium Enterprises

Asia-Pacific Hyper-Automation Market: by Region and Country

  • Japan
  • India
  • China
  • Australia
  • Indonesia
  • ASEAN Countries
  • South Korea
  • Others
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