The Hyper Automation Market is forecast to reach $200m by 2025, growing at a CAGR of 14% in the period 2019-2025. Hyper automation is the advancement of traditional automation capabilities by using technologies like artificial intelligence (AI), machine learning (ML) and other with robotic process automation(RPA) to automate processes. Banking financial services and insurance (BFSI) sector are going to play a major role in the growth of hyper-automation and this technology is estimated to have the highest adoption in banking financial services and insurance (BFSI) sector as most of the BFSI sector is using RPA which is estimated to be replaced by hyper-automation. 

Key Takeaways
Robotic process automation is the main tool of the hyper-automation market which is going to be advanced by the use of artificial intelligence, analytics and others. This technology development is driving the hyper-automation market 
Hyper automation is estimated to have huge growth in Banking, financial services and insurance (BFSI) sector as the ability to perform many tasks such as data analyzing, data processing and others without any human intervention is driving the adoption.
Hyper automation is increasingly introduced as technological advancements have triggered businesses to overcome new challenges aimed to cope with changing consumer demand and requirements.
North America  region dominated the hyper-automation market due to their demand in high precision applications and applications in Banking, financial services and insurance  (BFSI)

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 Geography - Segment Analysis
The hyper-automation market for North America held the largest market size in 2019 at 39% and is expected to dominate the market during the forecasted period. U.S. is the largest market for Banking, financial services and insurance (BFSI) and most of the tasks such as customer service, accounts payable, mortgage processing and others are operated using robotic process automation (RPA). Now with the introduction of many advance tools such as artificial intelligence (AI), process mining, analytics, and others with robotic process automation (RPA), hyper-automation or advanced robotic automation process can perform many tasks such as data analyzing, data processing and others without any human intervention. Thus, many regions such as Canada, Mexico and others which have large BFSI sectors using robotic process automation (RPA) are going to be a huge market for hyper-automation.

Drivers – Hyper Automation Market
Increasing penetration of automation 
 
Surge in demand for precision and accuracy in various industry verticals-
 
Market Landscape 
The key players in the field of the hyper-automation market are Google, Amazon, Uipath, Blueprism, automation anywhere, AutomationEdge and others

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