28 April 2021
Worldwide hyperautomation-enabling software market to reach nearly $600 billion by 2022 — Gartner
Gartner has forecasted the worldwide hyperautomation-enabling software market to reach $596.6 billion by 2022
Process-agnostic software such as AI and RPA are predicted to be most in demand as key enablers of hyperautomation.
The forecasted revenue figures released by Gartner for the global hyperautomation-enabling software market are up from $481.6 billion in 2020, with $532.4 billion being projected this year.
Hyperautomation is an approach that enables organisations to rapidly identify, examine and automate as many processes as possible using technology, such as artificial intelligence (AI), robotic process automation (RPA), low-code application platforms (LCAP), and virtual assistants.