How big is the Automation-as-a-Service Market?

The Automation-as-a-Service Market size is expected to reach USD 8.39 billion in 2024 and grow at a CAGR of 27.75% to reach USD 28.58 billion by 2029. Read More

What is the current Automation-as-a-Service Market size?

In 2024, the Automation-as-a-Service Market size is expected to reach USD 8.39 billion. Read More

Who are the key players in Automation-as-a-Service Market?

IBM Corporation, Microsoft Corporation, Automation Anywhere, Inc., Blue Prism Group PLC and Uipath Inc. are the major companies operating in the Automation-as-a-Service Market. Read More

Which is the fastest growing region in Automation-as-a-Service Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automation-as-a-Service Market?

In 2024, the North America accounts for the largest market share in Automation-as-a-Service Market. Read More

What years does this Automation-as-a-Service Market cover, and what was the market size in 2023?

In 2023, the Automation-as-a-Service Market size was estimated at USD 6.06 billion. The report covers the Automation-as-a-Service Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automation-as-a-Service Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automation as a Service Market - Size, Share, Trends & Report

Automation as a Service Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Factory Automation Platform As A Service Market Companies and is Segmented by Deployment Type (Cloud and On-Premise), Business Function (Information Technology, Finance, Human Resources, Sales and Marketing, Operations), Enterprise Size (Large Enterprise, Small and Medium-Sized Enterprise), End-User Vertical (BFSI, Telecom and IT, Retail and Consumer Goods, Manufacturing, Healthcare, and Life Sciences), and Geography(North America, Europe, Asia-Pacific, Middle East and Africa, Latin America). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

Automation as a Service Industry Overview

The automation-as-a-service market is fragmented. Numerous international market players, like IBM, are becoming increasingly involved in acquisition tactics to increase their market share and product innovation. To increase the capabilities of their products and give their clients the newest technology, UiPath, and Pegasystems Inc. are progressively implementing collaboration or partnership strategies. Product innovation is one of the significant differentiating factors among market vendors.

In August 2022, Re: infer, a London-based natural language processing (NLP) startup for unstructured documents and communications, was acquired by UiPath. UiPath software robots can now comprehend the context and semantics of emails, online chats, and audio sessions, resulting in better customer support interactions using automation and Artificial Intelligence.

In February 2022, Healthnet Global introduced an intelligent in-patient room automation system as a one-stop shop for all in-patient requirements called AutoMaid, which contains a contactless sensor, communication pod, and cloud-based patient monitoring tool having an AI-powered triaging system. These features capture real-time body vitals and offer round-the-clock monitoring for previously manually monitored patients.