LAMEA RPA and Hyperautomation Market Size, Share & Industry Trends Analysis Report By Vertical, By Component (Solution and Services), By Deployment Type, By Organization Size, By Business Function, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa RPA and Hyperautomation Market would witness market growth of 25.3% CAGR during the forecast period (2022-2028).
Hyperautomation can traverse past legacy systems and other functional barriers, identifying inefficiencies and bottlenecks in enterprise operations. When AI and RPA are combined, it is easier to find the optimum optimization strategies for automated processes, resulting in the biggest impact points. Deploy digital workers to engage with employees for better productivity or extra assistance to boost the workforce. These hyperautomated digital workers can also assist customers in navigating knowledge bases, providing support, and managing accounts.
This procedure paves the door for a quick digital transition by automating operations that previously required human understanding and input. In addition, hyperautomation gives visibility into previously undiscovered relationships between functions, KPIs, and processes by streamlining various internal systems. They can scale operations, adjust to market changes, and find new opportunities owing to hyperautomation.
Owing to presence of different industries in the Middle East, there are various technological solution providers for numerous process and material handling industries. By emphasizing technology and innovative solutions, such organizations try to add value to the clients' businesses. Along with that, there are several key market players that are introducing latest products and solutions in order to gain competitive edge in the regional market. The solution-based approaches in this region are cleverer and more efficient at solving business problems.
Control and MCC panel design and manufacturing, system architecture design, instrumentation, PLC control logic layout and programming, SCADA/HMI design and graphics development, historian database setup and report generation, installation, testing, preparation, commissioning, retrofit of control systems, operations and maintenance support, migration, unification into existing systems, and update of outdated control systems are all areas where these regional automation firms have extensive expertise and experience. Therefore, due to increasing robotic technologies used in different industries, the regional RPA and Hyperautomation market is expected to grow in the forecast period.
The Brazil market dominated the LAMEA RPA and Hyperautomation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $563.4 million by 2028. The Argentina market is estimated to grow at a CAGR of 26% during (2022 - 2028). Additionally, The UAE market would witness a CAGR of 25% during (2022 - 2028).
Based on Vertical, the market is segmented into BFSI, Telecom & IT, Manufacturing & Automotive, Retail & Consumer Goods, Transportation & Logistics, Healthcare & Life Sciences, and Others. Based on Component, the market is segmented into Solution and Services. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Business Function, the market is segmented into Information Technology (IT), Sales & Marketing, Finance & Accounting, Human Resources (HR), and Supply Chain & Operations. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, SAP SE, Alteryx, Inc., Nice Ltd., Juniper Networks, Inc., Pegasystems, Inc., Appian Corporation, UiPath, Inc., and HelpSystems, LLC.
Scope of the Study
Market Segments Covered in the Report:
- Telecom & IT
- Manufacturing & Automotive
- Retail & Consumer Goods
- Transportation & Logistics
- Healthcare & Life Sciences
By Deployment Type
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Business Function
- Information Technology (IT)
- Sales & Marketing
- Finance & Accounting
- Human Resources (HR)
- Supply Chain & Operations
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Microsoft Corporation
- SAP SE
- Alteryx, Inc.
- Nice Ltd.
- Juniper Networks, Inc.
- Pegasystems, Inc.
- Appian Corporation
- UiPath, Inc.
- HelpSystems, LLC
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