Published: 06 October 2022
Summary
By 2026, the market for software that enables hyperautomation will reach nearly $1.04 trillion, with a CAGR of 11.9%. Demand for hyperautomation is driven by a strong need for digital transformation due to talent shortages, increasing economic pressures and competitive challenges.
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Overview
Forecast Assumptions
By 2025, productivity will be a top-five strategic business priority for CEOs.
By 2025, 70% of enterprises in all industries will have engaged digital business model transformation services to implement analytics-driven business decisions and management capabilities.
By 2024, 65% of organizations that have deployed automation technologies will introduce artificial intelligence (AI) likemachine learning (ML), natural language processing (NLP), process mining, task mining and intelligent document processing (IDP) capabilities.
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