How Big Is the Automation Software Market?
According to ÂÌñÉç internal database and industry insights, the
Global Automation Software Market was valued at USD 17.3 billion in 2024 and is projected to reach USD 48.5 billion by 2031, growing at a CAGR of 18.1%.
The growth is being fueled by accelerated digital transformation across industries, increasing reliance on robotic process automation, and the need to reduce human error and operational costs.
Growth Factors of the Automation Software Market
- There has been increasing deployment of workflow automation in SMEs
- Surge in RPA adoption across banking, telecom, and retail
- Surging demand for AI-integrated automation in back-office operations
- Increasing labor costs and demand for operational efficiency
- Regulatory push for compliance and standardized processes in BFSI and healthcare
- Cloud-native platforms enabling scalable automation for hybrid and remote teams
Automation Software Market Trends
Automation Software Market is witnessing rapid integration of AI and machine learning in automation platforms, allowing for predictive automation and intelligent decision-making. Low-code and no-code platforms are empowering non-technical users to build automation workflows. Additionally, businesses are combining chatbots with automation software for enhanced customer service. Process mining and analytics are also evolving to map and optimize enterprise workflows.
Emerging Developments in the Automation Software Market
Recent advancements in the Automation Software Industry include the integration of Generative AI in automation workflows, development of industry-specific automation templates, and use of edge-based automation for IoT devices. Companies are also focusing on hyper automation, combining RPA, AI, and process mining for end-to-end automation.
Major Companies in the Automation Software Industry
- Automation Anywhere
- UiPath
- Microsoft Power Automate
- Blue Prism (SS&C)
- Pegasystems Inc.
- IBM Automation
- Appian Corporation
How big is the automation software market : FAQ's
Key drivers include increasing demand for operational efficiency and and AI-powered business process automation.
Trends include low-code automation platforms, process mining, and hyper automation.
The automation software market is anticipated to reach USD 48.5 billion by 2031, growing at a CAGR of 18.1%.
Yes, due to its scalability and flexibility, cloud-based automation software is increasingly adopted by enterprises of all sizes.
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