SAS to collaborate with European Banking Federation to provide AI services for banks worldwide to enable automated machine learning.
Wipro limited to collaborate with IBM Corporation to provide security across public or private cloud and on-premises IT environment.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 3960
Published Date: May 31, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing adoption of automation technology in the pharmaceutical industry is the major factor driving the market growth.
The market size of hyper automation is anticipated to attain a CAGR of ~11% over the forecast period, i.e., 2023-2035.
Lack of skilled manpower in the hyper automation is estimated to be the growth hindering factor for the market expansion.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market Microsoft Corporation, IBM Corporation, Rockwell Automation Inc., SAP SE, Wipro Ltd., Allerin tech Pvt. ltd., OneGlobe LLC, Mitsubishi Electric Corp., Infosys Ltd., and others.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by technology, end user, and by region.
The healthcare segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.