Global Automation as a Service Market Size Anticipated to Reach USD 64.1 Billion by 2033 - IMARC Group

November 21, 2024 | Technology & Media

Global Automation as a Service Market Statistics, Outlook and Regional Analysis 2025-2033

The global Automation as a Service market size was valued at USD 9.4 Billion in 2024, and it is expected to reach USD 64.1 Billion by 2033, exhibiting a growth rate (CAGR) of 21.19% from 2025 to 2033. At present, the increasing demand for Automation as a Service (AaaS) to enhance productivity and operational efficiency by relieving the burden of excess work on employees is one of the key factors propelling the growth of the market. Further, the rising trend of cloud computing for delegating routine tasks and storing large amounts of data is contributing to the market demand.

Automation as a Service Market Report

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The growing adoption of robotic or autonomous systems that can operate without or with minimum human interference is offering a favorable market outlook. Apart from this, the rising trend of automating business processes to minimize errors in operations is supporting the growth of the market. The increasing adoption of AaaS to manage IT operations and redirect resources and effort into other roles and divisions is further bolstering the market potential.

The increasing development of advanced technologies including cloud computing, artificial intelligence (AI), machine learning, and the Internet of Things (IoT), and their increasing adoption by businesses, has revolutionized the automation as a service market dynamics. For instance, in September 2024, Nokia announced the launch of industry’s most unconventional platform for data center automation, particularly built for the AI era. The new platform reduces application downtime and network disruptions while also reducing operational effort by up to 40%. According to Morgan Stanley, the estimated US$ 1 trillion sales for the AI business by 2050 is projected to have a direct impact on the AaaS industry. The adoption of cloud-based solutions is expected to witness a rapid growth as firms are looking for deployment options that accelerate value realization.

Global Automation as a Service Market Statistics, By Region 

The market research report has provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. According to the report, North America accounted for the largest Automation as a Service market share, owing to the presence of major AaaS providers and technology innovators. In addition, the rising adoption of automation, particularly in industries such as finance and healthcare is strengthening the market demand. The growing demand to streamline operations and reduce costs in a business is offering a positive market outlook. In line with this, the increasing need for data security is supporting the growth of the market in the region.

North America Automation as a Service Market Trends:

The market in North America is primarily driven by the widespread adoption of cloud technologies, AI, and machine learning across diverse industries. Businesses are leveraging AaaS to streamline workflows, enhance productivity, and reduce operational costs. Key trends include the integration of robotic process automation with AI for intelligent automation, rising demand for low-code platforms, and the shift towards hybrid cloud environments. The U.S. is a significant market in the region due to its advanced technology ecosystem and high investment in automation.

Asia Pacific Automation as a Service Market Trends:

The Asia-Pacific Automation as a Service market is experiencing rapid growth, driven by increasing digital transformation, the emergence of Industry 4.0, and a strong push for operational efficiency across industries. Key drivers include the adoption of AI-powered tools, robotic process automation, and cloud-based solutions, particularly in fast-evolving markets such as China, India, and Japan. Industries such as manufacturing, BFSI, and healthcare are leading the adoption, leveraging AaaS to address scalability and cost-effectiveness.

Europe Automation as a Service Market Trends:

The market in Europe is growing steadily, fueled by increasing digitalization, regulatory pressures, and the need for operational efficiency across industries. Countries including Germany, the UK, and France are at the forefront, with sectors such as manufacturing, finance, and healthcare leveraging AaaS for process optimization and cost reduction. The adoption of low-code and no-code platforms and a focus on sustainable and ethical automation practices are creating growth opportunities for the players in the market. According to a survey conducted by Reichelt elektronik, as of 2024, companies operating in Germany have automated over 43% of their manufacturing processes, closely followed by the Netherlands at over 41% and Italy at 40%. Although France ranks last with 37%, it depicts promising potential to significantly boost its level of automation over the upcoming years.

Latin America Automation as a Service Market Trends:

The Latin American market is gaining momentum as the businesses increasingly adopt digital tools to enhance efficiency and stay competitive in a rapidly evolving landscape. Countries such as Brazil, Mexico, and Argentina are driving growth, particularly in industries such as manufacturing, retail, and finance. The growing adoption of cloud-based automation platforms and the increasing need for process optimization in supply chains and customer service are key trends impacting the market growth in the region.

Middle East and Africa Automation as a Service Trends: 

The Middle East and Africa AaaS market is growing steadily, driven by increasing digital transformation initiatives and a focus on enhancing operational efficiency across key industries such as oil and gas, banking, and retail. Countries including the UAE, Saudi Arabia, and South Africa are leading adoption due to strong government support for digitalization and smart city projects. The increasing adoption of automation to address labor shortages and enhance customer experiences is opportunistic for the market demand.

Top Companies Leading in the Automation as a Service Industry 

Some of the leading companies in the AaaS market include Automation Anywhere Inc., Blue Prism Limited, HCL Technologies Limited, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Kofax Inc., Microsoft Corporation, NICE, Pegasystems Inc., and UiPath among others. Significant market participants are investing in exceptional technologies including AI, machine learning (ML), and robotic process automation (RPA) capabilities to make their solutions smarter and more adaptable. In November 2024, Automation Anywhere, a leading company in AI-powered process automation announced plans to lead the next wave of business transformation for enterprises in India with the help of its advanced custom AI Agents suite. The company’s AI Model is trained on over 300 million automations and operates seamlessly with models customized to the needs of every industry.

Global Automation as a Service Market Segmentation Coverage 

  • On the basis of component, the market has been categorized into solution and services. Solution holds the largest market share currently, as it comprises a wide array of automation capabilities, including RPA, AI, machine learning, and different workflow automation tools.
  • Based on business function, the Automation as a Service market has been segmented into information technology, sales and marketing, operations, finance, human resource, and others. Finance is the most commonly used business function owing to the increasing demand for automation in repetitive and data-intensive financial operations with a high degree of accuracy and efficiency.
  • On the basis of enterprise size, the market has been bifurcated into small and medium enterprises and large enterprises. The large enterprises segment dominates the market, as these enterprises possess diverse and complex business processes that can greatly benefit from automation.
  • Based on vertical, the market has been segmented into BFSI, telecom and IT, retail and consumer goods, healthcare and life sciences, manufacturing, and others. BFSI dominates the market. AaaS plays a vital role in automating critical processes, including customer onboarding, fraud detection, loan origination, and claims processing in the BFSI sector.
     
Report Features Details
Market Size in 2024 USD 9.4 Billion
Market Forecast in 2033 USD 64.1 Billion
Market Growth Rate (2025-2033) 21.19%
Units Billion USD
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
  • Component
  • Business Function
  • Enterprise Size
  • Vertical
  • Region
Components Covered Solution, Services
Business Functions Covered Information Technology, Sales and Marketing, Operations, Finance, Human Resource, Others
Enterprise Sizes Covered Large Enterprises, Small and Medium Enterprises
Verticals Covered BFSI, Telecom and IT, Retail and Consumer Goods, Healthcare and Life Sciences, Manufacturing, Others
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Automation Anywhere Inc., Blue Prism Limited, HCL Technologies Limited, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Kofax Inc., Microsoft Corporation, NICE, Pegasystems Inc., UiPath, etc.
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on
special request)

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