Description
The global hyper-automation market was valued at USD 0.68 billion in 2021 and projected to reach USD 2.23 billion by 2028, growing at a CAGR of 18.4% during the forecast period, 2022-2028. Growing demand for robotic process automation technology in various industries, significant artificial intelligence developments, and improvements in biometric identification technology are the key factors driving the growth of the hyper-automation market. Moreover, the digitization and automation of manufacturing processes, Hyper automation software analyses the data and selects the respective course of action, and Hyper automation has increased flexibility in operation, improved productivity and time-consuming task, improved the return on investment (ROI) on time and with high accuracy, which are factors to expected to drive the market growth.
