Connect with us

Artificial Intelligence

Global Hyper Automation Market is Predicted to Grow at a CAGR of ~18% during 2022-2031; Increasing Development of Automation Technologies, Improved IoT Adoption, and Digitalization to Elevate Growth – Research Nester



New York, Aug. 12, 2022 (GLOBE NEWSWIRE) — Research Nester has published a detailed market report on ‘Global Hyper Automation Market’ for the forecast period, i.e. 2022 – 2031 which includes the following factors:

  • Market growth over the forecast period
  • Detailed regional synopsis
  • Market segmentation
  • Growth drivers
  • Challenges
  • Key market players and their detailed profiling

Global Hyper Automation Market Size:

The global hyper automation market is estimated to grow at a CAGR of ~18% over the forecast period. The growth of the market can be ascribed to growing need for automated operations across industries. Hyper automation is the process of automating numerous businesses and IT operations through the multiple technologies, tools, or platforms, including artificial intelligence (AI). Additionally, the growing IT industry across the globe is estimated to propel market growth over the ensuing years. It was found that in the USA, more than 40,000 new enterprises were established in 2018 in the field of IT. Besides, the rising demand for automation across end-user sectors, the use of robotics, is also predicted to boost global hyper automation market growth over the forecast period. It was noticed that in the automobile sector around 250 to 350 robots are used for the production line to increase the overall production output.

Get a Sample PDF Brochure:

Global Hyper Automation Market: Key Takeaways

  • Asia Pacific region gains noteworthy market share
  • Artificial Intelligence (AI) segment to dominate the revenue graph
  • Manufacturing segment remains prominent in the End-user segment

IoT Integration and Digitalization to Boost Market Growth

The global hyper automation market is anticipated to accelerate over the forecast period on account of increasing usage of IoT as it enables businesses and governments to access location-based data in real-time and connects them to all smart potentials, including smart cities, smart transportation, and smart utilities. Moreover, the growing government efforts towards Moreover, the growing government efforts and increasing investments to make smart cities on a prior basis are estimated to drive the market growth. For instance, India’s Smart Cities Mission got over USD860 million in the Union Budget 2021–22, up from nearly USD450 million in FY21.

Further, the rising penetration of digitalization, backed by growing demand for higher efficiency and low operating cost is considered to be one of the main growth drives for global hyper automation market during the forecast period. Many companies are adopting hyper automation to build autonomous vehicles. It is believed that, by 2025, completely autonomous vehicles are estimated to gain a boost in market share and are predicted to cover 20% of the market share.

For more information in the analysis of this report, visit:

Global Hyper Automation Market: Regional Overview

The global hyper automation market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region.

Increasing Demand for AI Services to Drive Growth in the Asia Pacific Region

The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the basis of expanding demand for AI-based services in the manufacturing, telecom, and healthcare sectors, combined with rising acceptance of innovative technologies across the region. For instance, China has nodded to invest approximately USD 155 billion in the AI industry by 2030. Further, the increasing investment in research and development activities in the region is predicted to drive market growth during the forecast period.

Increasing Availability of Advanced Technology to Drive Growth in the North America Region

Moreover, the market in North America region is estimated to gain the largest market share over the forecast period owing to the increasing availability of advanced technology, and significant presence of key market players in the region. In addition to this, the rising investment in AI, Robotic Process Automation (RPA), and Intelligent Process Automation (IPA) are anticipated to boost the market growth throughout the forecast period. According to estimates, the cost of IPA was predicted to reach over USD 10 billion in the year 2021. While the company activities involving robotic process automation (RPA) and AI were anticipated to remain nearly USD 5 billion and USD 4.1 billion in the same year.

Get a Sample PDF of Hyper Automation Market Report@

The study further incorporates Y-O-Y growth, demand & supply and forecast future opportunity in:

  • North America (U.S., Canada)
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific)
  • Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).

Global Hyper Automation Market, Segmentation by Technology

    • Robotic Process Automation (RPA)
    • Artificial Intelligence (AI)
    • Machine Learning (ML)
    • Biometrics
    • Chatbots
    • Natural Language Generation (NLG)
    • Others

Over the course of the forecast period, the artificial intelligence segment is predicted to hold a substantial market share on account of the growing acceptance of AI across a range of end-user industries, including healthcare, manufacturing, and automotive. For instance, the intersection of scientific evidence and human judgment has been long present in healthcare. Artificial intelligence (AI) developments are bringing those two aspects closer than ever, and the industry is experiencing the benefits of the same. Also, the patient usage of digital health apps is predicted to increase more than 30% over the next three to five years owing to greater reliance on personalized care delivery. Further, the increasing investment by key market players in the field of innovation for every sector is anticipated to boost the segment growth over the forecast period.

For more insights on the market share of various regions:

Global Hyper Automation Market, Segmentation by End-User

    • BFSI
    • Retail
    • Manufacturing
    • Automotive
    • Healthcare
    • Others

Among these, the manufacturing segment is estimated to hold the largest market share over the forecast period. In recent times, the increasing usage of automation in the manufacturing sector is booming and a number of manufacturing organizations are implementing automation to reduce operational expenditure and increase production.

Some of the food and product manufacturing companies are going the extra mile to make everything automated. They are using automation for supply chain, inventory management, and purchase and payment processing for the goods. It is estimated in one of the surveys that by 2035, artificial intelligence (AI) in FMCG will boost productivity higher than 41% and profitability by almost 40%.

Do You Have Any Query Or Specific Requirement? Ask to Our Expert:

Few of the well-known market leaders in the global hyper automation market that are profiled by Research Nester are Solvexis Ltd., Microsoft Corporation, SAP SE, International Business Machines Corporation, Rockwell Automation Inc., Allerin tech Pvt. ltd., Wipro Ltd., Infosys Ltd., Infosys Ltd., OneGlobe LLC, and others.

Recent Developments in the Global Hyper Automation Market

  • In June 2022, to advance and scale up the Artificial Intelligence (AI) and Machine Learning (ML) based content localization solution, Wipro Limited, a top provider of technology services and consultancy, and Eros Investments announced the signing of an alliance agreement.
  • In August 2022, Sydney Living Lab, a high-tech co-creation place for digital innovation, has opened as part of a network of over 20 facilities globally, including Melbourne, by Infosys, a global leader in next-generation digital services and consulting.

Explore Our Recent Related Reports:

Data Center Infrastructure Management Market Analysis by Data Center Type (Tier I, II, III, and IV); by Component (Service and Solution); by Management (Asset, Cooling, Network, Power, and Security); and by End-User (IT, BFSI, Healthcare, and Others) – Global Demand Analysis & Opportunity Outlook 2031
Project Management Software Market Analysis by Implementation (Cloud and On-Premise); by Service (Professional and Managed Services); by Enterprise Size (SMEs and Large Enterprise); and by End-User Industry (IT, BFSI, E-Commerce, Healthcare, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2022-2031
Sales Intelligence Software Market Analysis by Deployment Mode (Cloud and On-Premise); by Component (Software and Service); by Enterprise Size (Large and SMEs); by Application (Analytics, Data and Lead Management, Reporting, and Others); and by End-User Industry (IT, E-Commerce, BFSI, Media & Entertainment, and Others) – Global Demand Analysis & Opportunity Outlook 2031
Global Conversational Systems Market Analysis by Type (Voice Assisted, Text Assisted, and Others); by Deployment (On-Premise, and Cloud); by Enterprise Size (Small, Medium, and Large Enterprises); and by Verticals (IT & Telecommunication, BFSI, Government, Retail, Energy, and Power) – Global Supply & Demand Analysis & Opportunity Outlook 2022-2031
Sales Coaching Software Market Analysis by Deployment Type (Cloud and On-premise); by Enterprise Size (Small Enterprises and Large Enterprises); and by End-user Industry (BFSI, Retail & Consumer Goods, Healthcare, Hospitality & Tourism, IT & Telecom, Manufacturing and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2022-2031

About Research Nester

Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

Contact for more Info:
AJ Daniel
Email: [email protected]
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919

For More Update Follow: – LinkedIn | Twitter | Facebook | Xing

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Censys Introduces the Ground Truth for Internet Intelligence – The Censys Internet Map




Powering Censys’ Internet Intelligence Platform, the Internet Map provides critical insights to identify, understand and mitigate threats
ANN ARBOR, Mich., Sept. 26, 2023 /PRNewswire/ — Today, Censys, the leading Internet Intelligence Platform for threat hunting and exposure management, announced the Censys Internet Map. As the data foundation that powers the Censys Internet Intelligence Platform, the Censys Internet Map provides users with the most comprehensive, up-to-date collection of global internet infrastructure to empower security and intelligence teams.

In today’s threat landscape, enterprises cannot rely on “good enough” data to defend their organization. Security teams require comprehensive and accurate data to serve as the center for their security solutions – external attack surface management, vulnerability management, zero-trust, and threat detection, investigation, and response – all rely on exposure management data to protect organizations.
The Censys Internet Map offers the fastest discovery and best coverage of internet hosts and services. Through comprehensive scans of the top 100+ ports and proprietary ML-based discovery of services across 65k ports, it reduces false positives by 70%, improving security teams’ ability to successfully map and defend. With the most complete and up-to-date index of hosts and services on the internet, the Censys Internet Map provides users with the three C’s: Coverage, Context and Connections, which are imperative to an organization’s security posture.
“The organizations we work with face growing challenges that make security insights and threat intelligence critically important to delivering on their mission,” commented Mike Riordan, CEO of RavenTek. “Through the powerful capabilities of Censys solutions powered by their Internet Map, our clients are better able to stay ahead of emerging risks, proactively defend their organization, and quickly make data-informed decisions.”
With the widest depth of internet scanning coverage available, the Censys Internet Map scans 45x more services than competitors. This coverage is enriched with detailed context to identify host types, understand how assets are connected and configured, empowering security teams and threat hunters to identify patterns and trends.
“Censys is the only vendor providing this level of detailed visibility and running daily scans to help organizations eliminate false positives and stale data,” said Zakir Durumeric, Co-Founder and Chief Scientist at Censys. “Our intelligence provides threat analysts and security teams with more details to conduct investigations, understand, and block threats – ultimately reducing the risk and impact of a breach. We’re proud that our industry-leading data provides the most complete and up-to-date index of the internet, and are excited to expand this offering for even more users this year.”
To learn more about the Censys Internet Map and its approach to intelligence data and visibility, visit:
About CensysCensys, Inc.™ is the leading Internet Intelligence Platform for Threat Hunting and Exposure Management. Founded in 2017 in Ann Arbor, Michigan, Censys gives organizations the world’s most comprehensive real-time view of global networks and devices. Customers like Google, Cisco, Microsoft, Samsung, Swiss Armed Forces, the U.S. Department of Homeland Security, Cybersecurity & Infrastructure Security Agency, and over 51% of the Fortune 500 rely on the company’s Exposure Management solution for a real-time, contextualized view into their internet and cloud assets. At Censys, you can be yourself. We like it that way. Diversity fuels our mission, and we are committed to inclusion across race, gender, age and identity. To learn more, visit and follow Censys on Twitter.
Logo –

View original content:—the-censys-internet-map-301938734.html

Continue Reading

Artificial Intelligence

Onfido Featured as a Market Leader in Liminal’s Link Index Report for Account Opening in Financial Services




SAN FRANCISCO, Sept. 26, 2023 /PRNewswire/ — Onfido, the global automated identity verification provider, has been recognized as a market leader in Liminal’s highly anticipated Link™Index Report for Account Opening in Financial Services.

The Link Index analyzed over 150 companies claiming to solve Account Opening (AO) in Financial Services and found that only 32 total vendors (21% of the market) have the necessary product capabilities to satisfy buyer demands.  Of these 32 companies, Liminal positioned Onfido as a leading vendor alongside partners Experian and TransUnion (p.11), acknowledged for delivering comprehensive solutions in compliance and fraud prevention for account opening. The report also highlighted that 20% of buyers are actively looking to switch to a better AO vendor.
Download the full report and sign up for the webinar with Liminal examining the latest developments in account openings for financial services.
Fraud prevention and compliance are top of mind for buyers when weighing new solutions. By the end of 2023, it is estimated that $2.2B will be lost to AO fraud from synthetic identities, and with increasing regulation, AML fines are only set to increase from their high of $5B issued last year.*
Onfido was acknowledged as a leader on Liminal’s matrix, scored by Market Presence and Product Execution. Onfido achieved a positive global market presence score of 4.3/5 and a product execution score of 72%, closest to TransUnion, an Onfido partner. Onfido was also noted as a leader in the AO space by 44.9% of respondents and was a recognized brand by over half of buyers, solidifying Onfido as a top company in both these categories. And thanks to its dedicated customer success team, Onfido’s customer satisfaction score was 60.4%, making it a top ten vendor in this category.
“The financial services sector is undergoing a transformative shift in account opening practices, necessitating robust security measures that seamlessly integrate with user experience while adhering to rigorous regulatory requirements,” said Travis Jarae, founder and CEO at Liminal. “Onfido’s Real Identity Platform addresses these challenges, ensuring a streamlined “Know Your Customer” (KYC) and Anti-Money Laundering (AML) compliance process during customer onboarding, while ensuring best-in-class fraud prevention.”
The Onfido Real Identity Platform is designed to secure trust between organizations and their customers throughout the customer lifecycle journey. It automatically verifies a customer’s identity using a smart combination of award-winning document and biometric verification, trusted data sources, and passive fraud signals. Hailed by companies like Adyen, EE (BT), Bunq, DocuSign, Revolut and Remitly, Onfido helps global companies reduce friction and accelerate onboarding for customers with purpose-built features and its Smart Capture SDK, while providing companies the flexibility and freedom to scale with Onfido Studio, the no-code mission control for identity verification.
“Our recognition in Liminal’s Link Index Report underscores Onfido’s commitment to transforming the financial services landscape,” said Mike Tuchen, CEO of Onfido. “Our identity platform empowers financial institutions to more easily navigate complex regulations on a global and regional level while stopping fraudsters and ensuring the best possible user experience.”
This news comes on the heels of other market recognition from Frost & Sullivan, awarding Onfido 2023 Fraud Detection and Prevention Company of the Year,  picking up 7 leader badges in G2’s 2023 Fall Reports, as well as a Strong Performer in Forrester’s Q4 2022 Wave for Identity Verification Solutions.
About Onfido Onfido makes digital identity simple. The company makes it easy for people to access services by digitally verifying them using its Real Identity Platform. The platform allows businesses to tailor verification methods to individual user and market needs in a no-code, orchestration layer – combining the right mix of document and biometric verifications, trusted data sources, and passive fraud signals to meet their risk, friction and regulatory requirements. Partnering with over 1,100 businesses globally, Onfido helps millions of people access services every day – from billion-dollar institutions to hyper growth
About LiminalLiminal is a market intelligence and strategic advisory firm serving digital identity, fintech, cybersecurity solution providers, and the private equity and venture capital community. Since 2016, Liminal has provided strategy and analytical services that support executive decision-making at all product or business lifecycle stages. We advise some of the world’s most prominent and innovative business leaders, investors, and government officials on building, buying, and investing in the next generation of digital identity solutions and technologies. Learn more at and follow news and updates from Liminal on LinkedIn or subscribe to their weekly newsletter.
*Financial Times, “Global anti-money laundering fines surge 50%”
Media contact: [email protected]
Logo –

View original content:

Continue Reading

Artificial Intelligence

Infosys collaborates with Microsoft to accelerate and democratize industry-wide adoption of generative AI




Both companies will help enterprises take an AI-first approach to scale next-generation AI solutions to improve operational efficiencies, drive revenue growth, and enable business transformation
BENGALURU, India, Sept. 26, 2023 /PRNewswire/ — Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it is collaborating with Microsoft to jointly develop industry leading solutions that leverage Infosys Topaz, Azure OpenAI Service and Azure Cognitive Services. Both organizations are bringing together their respective artificial intelligence (AI) capabilities to enhance enterprise functions with AI-enabled solutions across multiple industries. The integrated solutions will accelerate rapid democratization of data and intelligence that will help businesses increase productivity and drive new revenue growth.

Generative AI has opened new avenues of AI applications and key enterprise functions across industries, and Infosys is providing services, frameworks, solutions, and platforms in multiple application areas, such as semantic search, document summarization, contact center transformation, AI-augmented software development lifecycle (SDLC) and marketing content creation. For example, Infosys helped a leading financial services company implement an AI-based solution to generate document summaries and provide a semantic search capability using generative AI. This resulted in automated organization of documents, which significantly reduced efforts and improved productivity of their financial advisors.
Through the collaboration with Microsoft, Infosys Topaz is using Azure OpenAI Service and Azure Cognitive Services to augment its capabilities, in order to help enterprise customers transition from digital to AI solutions. The integrated solutions will boost customers’ operational efficiency, decrease turn-around-time, future-proof investments, and open new business models.
Balakrishna D. R. (Bali), Executive Vice President and Global Head – AI and Automation, Application Development & Maintenance, Infosys, said, “Infosys Topaz is empowering businesses with improved operational efficiencies and reduced time-to-market for launching new products and services. It converges the power of Infosys Cobalt and data analytics to AI-power business and deliver cognitive solutions and intuitive experiences that revitalize growth. Through our strategic collaboration with Microsoft, we will continue to lead the generative AI revolution, helping businesses amplify human potential and navigate their next towards becoming AI-first enterprises.”
Nicole Dezen, Chief Partner Officer, Microsoft Corp, said, “We’re pleased to expand our collaboration with Infosys to deliver innovative solutions, utilizing Azure OpenAI Service and Azure Cognitive Services, that will help customers develop new business models, and realize new revenue streams. By harnessing the power of generative AI, Infosys will help customers accelerate growth and innovation.”
About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth prospects, or our future financial or operating performance are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, and our corporate actions including acquisitions. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

View original content:

Continue Reading

Latest News