The Global Automation as a Service Market was estimated at USD 9.12 Billion in 2022, and is projected to reach USD 45.65 Billion by 2030, growing at a CAGR of 22.3 % over the analysis period.

1. GLOBAL AUTOMATION AS A SERVICE MARKET
RESEARCH REPORT, 2023-2030
Market Value:
• 2022 = USD 9.12 Billion
• 2030 = USD 45.65 Billion
• CAGR = 22.3 %
Date Published: December 2023
Publisher: Introspective Market Research

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Annual Market Size and Forecast
Technological Roadmap & Regulatory Landscape
Analysis on type and applications
Industry Value Chain Analysis
Analysis on Major Trends
Key strategies by Top Market Players
Market Share Analysis 2021
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The Global Automation as a Service Market was estimated at USD 9.12
Billion in 2022, and is projected to reach USD 45.65 Billion by 2030, growing
at a CAGR of 22.3 % over the analysis period.
The provision of automation capabilities and solutions via cloud-based platforms
is the focus of the Automation as a Service (AaaS) market. Robotic process
automation (RPA), artificial intelligence (AI), and machine learning are just a few
of the automation services that AaaS providers provide. These services let
businesses automate repetitive operations and processes without requiring a large
amount of on-premises hardware. This service model promotes flexibility and
scalability by enabling firms to implement automation technology on a
subscription or pay-as-you-go basis. Organizations looking for productive and
economical methods to automate tasks, increase workflow efficiency, and boost
productivity might find what they need in the AaaS market. Crucial elements are
cloud-based integration capabilities, cognitive services, and process automation
tools.
Top Key Players Covered In Automation as a Service Market
IBM, Hexaware Technologies, Automation Anywhere Inc., Blue Prism Group
PLC, Cypress, Microsoft Corporation, Pegasystems Inc, Kofax Inc., HCL
Technologies Limited, Hewlett Packard Enterprise Development LP, NICE Ltd.,
WorkFusion Inc., Uipath Inc., and Other Major Players
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Market Overview:
Within the larger automation technology environment, the Automation as a
Service (AaaS) Market is a vibrant and quickly increasing area. By using a cloud-
based paradigm to supply automation solutions and services, AaaS enables
enterprises to launch and manage automation processes without requiring a large
infrastructure or internal expertise. This market serves companies looking to
implement automation to improve operational efficiency, cut expenses, and
streamline operations. Driven by the growing acknowledgment of automation's
revolutionary impact on business processes across industries, Automation as a
Service (AaaS) spans numerous automation domains such as artificial
intelligence (AI), machine learning, and robotic process automation (RPA).

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As businesses seek innovative ways to optimize operations and remain
competitive, the Automation as a Service Market offers a scalable and accessible
solution to meet diverse automation needs.
Segmentation Analysis of the Automation as a Service Market:
By Component
• Solutions
• Services
By Business Function
• Information Technology
• Human Resources
• Finance
• Sales & Marketing
• Operations
By End-Use Industry
• Healthcare
• BFSI
• Automotive
• Telecom & IT
• Manufacturing
• Government
• Others
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Market Driver:
The growing need for cost savings and operational efficiency is one of the main
factors propelling the market for Automation as a Service. Businesses are always
under pressure to increase overall productivity, decrease manual labor, and
streamline their business operations. By allowing companies to use automation
technologies without having to make substantial upfront investments in
equipment and knowledge, AaaS offers a solution. The adoption of AaaS across
industries is driven by the desire to improve accuracy, speed up process cycles,
and automate repetitive and rule-based processes.

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The need for AaaS solutions is also fueled by the necessity for rapid scalability
and the increasing complexity of business operations. Because of AaaS's
flexibility and agility, businesses can easily integrate automation and adjust to
shifting market conditions and business requirements.
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Market Opportunity:
The deployment of AaaS systems with industry-specific customization offers a
significant market opportunity. Industry-specific automation requirements and
compliance standards vary. AaaS providers can target particular markets and give
specific value to their clients by customizing their products to suit industry
difficulties, such as those in manufacturing, healthcare, or finance. Tailoring
automation solutions to smoothly connect with current workflows increases
AaaS's attractiveness across a range of industries.
Additionally, AaaS providers have the chance to improve the intelligence and
sophistication of automation processes through the integration of cutting-edge
technologies like artificial intelligence (AI) and machine learning. AaaS's value
proposition can be further enhanced by providing solutions that combine
predictive analytics and cognitive capabilities in addition to simple rule-based
automation.
By Region
• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland,
Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain,
Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand,
Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar,
UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
Key Industry Development In The Automation as a Service Market

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In February 2022, WorkFusion Inc. launched its new AI-powered Digital
Workforce. These new knowledge workers arrive on the job fully trained and
immediately productive, working seamlessly alongside traditional team
members, leveraging the company's decade of experience in automating complex
operational functions.
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Table Of Content: -
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Component
3.2 By Business Function
3.3 By End Use Industry
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis

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4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Automation as a Service Market by Component
5.1 Automation as a Service Market Overview Snapshot and Growth Engine
5.2 Automation as a Service Market Overview
5.3 Solutions
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Solutions: Geographic Segmentation
5.4 Services
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Services: Geographic Segmentation
Chapter 6: Automation as a Service Market by Business Function
6.1 Automation as a Service Market Overview Snapshot and Growth Engine
6.2 Automation as a Service Market Overview
6.3 Information Technology
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Information Technology: Geographic Segmentation
6.4 Human Resources
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Human Resources: Geographic Segmentation
6.5 Finance
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Finance: Geographic Segmentation
6.6 Sales & Marketing
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Sales & Marketing: Geographic Segmentation
6.7 Operations
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size (2016-2028F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Operations: Geographic Segmentation

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Chapter 7: Automation as a Service Market by End Use Industry
7.1 Automation as a Service Market Overview Snapshot and Growth Engine
7.2 Automation as a Service Market Overview
7.3 Healthcare
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Healthcare: Geographic Segmentation
7.4 BFSI
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 BFSI: Geographic Segmentation
7.5 Automotive
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Automotive: Geographic Segmentation
7.6 Telecom & IT
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size (2016-2028F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Telecom & IT: Geographic Segmentation
7.7 Manufacturing
7.7.1 Introduction and Market Overview
7.7.2 Historic and Forecasted Market Size (2016-2028F)
7.7.3 Key Market Trends, Growth Factors and Opportunities
7.7.4 Manufacturing: Geographic Segmentation
7.8 Government
7.8.1 Introduction and Market Overview
7.8.2 Historic and Forecasted Market Size (2016-2028F)
7.8.3 Key Market Trends, Growth Factors and Opportunities
7.8.4 Government: Geographic Segmentation
7.9 Others
7.9.1 Introduction and Market Overview
7.9.2 Historic and Forecasted Market Size (2016-2028F)
7.9.3 Key Market Trends, Growth Factors and Opportunities
7.9.4 Others: Geographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Automation as a Service Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Heat Map Analysis
8.1.5 Automation as a Service Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Automation as a Service Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players

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8.2 IBM
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 HEXAWARE TECHNOLOGIES
8.4 AUTOMATION ANYWHERE INC.
8.5 BLUE PRISM GROUP PLC
8.6 CYPRESS
8.7 MICROSOFT CORPORATION
8.8 PEGASYSTEMS INC
8.9 KOFAX INC.
8.10 HCL TECHNOLOGIES LIMITED
8.11 HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP
8.12 NICE LTD.
8.13 WORKFUSION INC.
8.14 UIPATH INC
8.15 OTHER MAJOR PLAYERS
Chapter 9: Global Automation as a Service Market Analysis, Insights and Forecast, 2016-2028
To Be Continued…

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Terms of Use:
This research study involved the extensive usage of both primary and secondary data
sources. The research process involved the study of various factors affecting the
industry, including the government policy, market environment, competitive
landscape, historical data, present trends in the market, technological innovation,
upcoming technologies and the technical progress in related industry, and market
risks, opportunities, market barriers and challenges. The following illustrative figure
shows the market research methodology applied in this report.

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Top-down and bottom-up approaches are used to validate the global market size
market and estimate the market size for Company, regions segments, product
segments and Application (end users).

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