Close Lucintel Chat
Didn't Find What You're Looking for?
Call us at +1972 636 5056 or write at helpdesk@Lucintel.com
Ask an Expert Provide Custom Requirements Download Sample Report Search Available Reports
  • helpdesk@Lucintel.com
  • |
  • Call Lucintel +1 972 636 5056
  • |
  • Login
  • |
  • Register
  • |
  • Search
  • |
'
...

The Impact of COVID-19 is included in Hyper Automation Market in Australia. Buy it today to get an advantage.

Request the impact of COVID-19 on your product or industry


Hyper Automation in Australia Trends and Forecast

The future of the hyper automation market in Australia looks promising with opportunities in the BFSI, IT & telecom, retail, education, manufacturing, automotive, and healthcare & life science markets. The global hyper automation market is expected to reach an estimated $22.7 billion by 2031 with a CAGR of 12.2% from 2025 to 2031. The hyper automation market in Australia is also forecasted to witness strong growth over the forecast period. The major drivers for this market are a surge in demand for robotic process automation (RPA) technology worldwide, increasing demand for enhanced operational effectiveness and financial savings, and rising demand for improved customer experience and personalized services.

• Lucintel forecasts that, within the component category, the hardware will remain the largest segment over the forecast period because the automation solutions provide various advantages, such as heightened quality, efficiency, and error reduction in manufacturing processes owing to their expandability, mobility, and adaptability.
• Within the end use industry category, IT & telecom will remain the largest segment over the forecast period as integrating robotic process automation (RPA) assists telecom companies in streamlining operational tasks and concurrently establishing sustainable revenue streams by giving fast, cost-effective, and high-quality services.


Emerging Trends in the Hyper Automation Market in Australia

The hyper automation market in Australia is growing at a fast pace as organizations look for greater efficiency and cost reduction. Hyper automation encompasses the use of advanced technologies like Robotic Process Automation (RPA), Artificial Intelligence (AI), Machine Learning (ML), and Business Process Management (BPM) to automate complex business processes. With digital transformation requiring heavy investment in technology as well as the ability to streamline operations, companies from every sector are heavily investing in these technologies. This transformation occurs in every industry, from finance and healthcare to retail and even government.

• AI-Powered Automation: AI-enabled automation allows businesses to analyze massive amounts of data, discover patterns, and make decisions within seconds. With AI improving every day, companies in Australia can automate intricate tasks that required human judgment in the past. With more complex tasks being automated, errors are reduced, while speed and efficiency are improved in customer service, data analysis, and process management. AI’s ability to learn and adapt continuously makes it a crucial enabler of hyper automation.
• Merging Cloud Storage with Hyper-Automation Tool Services: The combination of cloud storage and hyper automation tools is allowing Australian firms to implement automation services on a grand scale. Hyper-automation systems are far more complicated and require cloud platforms for flexibility, cost efficiency, and easy access to stored data for smooth processing. These functions help simplify collaboration, improve resource allocation, and enable real-time data interaction. It allows companies to implement automated processes in several departments simultaneously without significant investment in infrastructure from the outset.
• RPA Robotics Process Automation Forwarding Steps: In Australia, RPA is being further improved with Computer Vision and Deep Learning capabilities to transcend beyond simple rule-based tasks. RPA is being used more and more in advanced activities, such as making process-intensive decisions and predictive process analytics. With this approach, businesses can automatically carry out tasks that require more intricate logic, as well as provide better customer service by being more responsive, lowering operational costs, and improving accuracy in routine work.
• No-Code/Low-Code Platforms and Citizen Development: The development of automation solutions has shifted toward the usage of low-code and no-code platforms. These tools enable users who are not tech-proficient to build automated workflows. With low-code and no-code facilities, Australian businesses are focusing more on hyper automation, reducing the need for IT support. More employees becoming digitally savvy through citizen development enhances process improvements within organizations.
• Decision-Making Using AI: Decision-making is now backed by data and AI in real-time. Australian companies are applying AI to improve operational and customer service activities. In retail, AI aids in understanding how much stock to order, while in healthcare, it governs patient prognosis. AI in decision-making improves action accuracy, enabling organizations to anticipate changes and adjust practices to better control conditions.

Trends recently seen in Australia’s hyper automation market show the increasing focus placed on deploying AI, cloud systems, and other advanced technologies within business processes. With the growing adoption of RPA, AI-enabled solutions, citizen developers, and low-code platforms, Australia is becoming more competitive, productive, and economical. These trends are changing the operational dynamics within organizations, enabling them to cope with the challenges of the increasing digital world.

Recent Developments in the Hyper Automation Market in Australia

As a result of the rapid shifts in technology and rising business needs for better operational efficiency, Australia’s hyper automation market has grown significantly. Australian industries are implementing different kinds of automation to achieve their digital transformation objectives, optimize their operations, and enhance business intelligence. The emergence of AI and cloud technologies is changing the entire landscape, from manufacturing to the finance sector. Now companies can automate their most complicated tasks and provide better services to their customers.

• Growth of RPA in Banking and Financial Services: Australian banking and financial institutions have increasingly deployed RPA for general compliance, risk management, and customer onboarding processes. This improves processes by increasing the speed of transactions and the accuracy of regulatory reports. Less manual intervention with RPA means that more services can be provided with lower operational costs and quicker delivery. In addition, the automation of these functions allows for improved compliance with regulations and fewer errors, which is crucial in the highly regulated finance industry.
• How AI is Improving Predictive Analytics in Retail With Integrations in Australia: Retailers across Australia are making good use of AI-powered automation to enhance predictive analysis of their inventory. For example, AI models are capable of analyzing historical data alongside current market trends to optimize stock levels and tailor the consumer shopping experience. This integration of AI enables Australian businesses to remain competitive by improving their productivity, minimizing waste, and meeting customers’ needs more accurately, even during peak seasons.
• Digital Automation and Public Services Enhancements in Australia: Australia has started investing in hyper automation with a focus on improving public service delivery, which is a significant development. With the use of AI and RPA in public administration, healthcare, and other sectors, citizens can seamlessly engage with more helpful and responsive services. Government agencies are increasingly automating mundane tasks, such as processing applications and keeping records. This helps improve service efficiency and cut back on processing times. Such investments enable businesses to make digital transformation easier and faster in the public sector.
• Using Cloud-Based Automation Platforms: Many Australian businesses have gravitated toward cloud-based platforms, as these are cost-effective and offer flexibility and scalability. Their use allows companies to automate processes without large capital investments in hardware. Businesses can now streamline functions such as HR, customer service, and even supply chain management without the need for location-based systems. This change enables greater levels of hyper automation for organizations, irrespective of their size, making it easier to pivot amidst changing market conditions.
• Growth of AI-Powered Chatbots for Automating Customer Service Use Cases: In Australia, there is an increased adoption of AI-powered chatbots for automating customer service functions. These bots possess the ability to resolve queries, troubleshoot, and even complete transactions without human intervention. This allows businesses to provide round-the-clock support, higher response rates, and ultimately customer satisfaction. Businesses can also leverage AI-powered chatbots to gather customer information and use that data to improve customer engagement and loyalty.

Recent events show how Australian companies and government departments are adopting hyper automation for operational efficiency, customer service, and cost control. Improvements in technologies such as RPA, AI, and cloud computing are altering the Australian landscape and spurring innovation across industries. These innovations allow businesses to be more responsive to changing market conditions and the increasing demands from consumers and other stakeholders.

Strategic Growth Opportunities for Hyper Automation Market in Australia

Australia’s hyper automation market is booming as it seeks increased operational efficiency, lowered costs, and, most importantly, digital transformation. Automation at scale is being supplemented by the growing needs of businesses, which in turn, encourages competitiveness within the market. AI, RPA, cloud computing, and data analytics have each automated certain business processes in sectors such as banking, retail, and healthcare. But now, with hyper automation, all of them are integrated into a single system. This makes it possible for companies to handle complex tasks with ease, improving service delivery while streamlining operations.

• AI Enables Predictive Analytics and Greater Efficiency in Healthcare: Predictive analytics powered by AI will act as a force-multiplier within hyper automation in healthcare. Australian clinics and hospitals can effectively analyze patient data to make predictions and assist in decision-making, all thanks to AI. In doing so, clinical efficiency will be greatly improved, along with resource management and patient care. Moreover, with the automation of monotonous administrative and clinical tasks, human error is reduced, and staff are freed to focus on areas that add value to the organization. This supports Australia’s digital health solution initiative, which ultimately leads to a more advanced, data-centric healthcare system.
• The Role of Robotic Process Automation in Banking and Financial Services: Robotic Process Automation (RPA) in banking and financial services has emerged as a leading automation accelerator in Australia. The financial sector is increasingly adopting RPA for customer onboarding, fraud checks, and compliance auditing. By automating repetitive processes, RPA minimizes the need for human intervention, lowering costs, improving speed, and increasing accuracy. The benefits of RPA adoption also enable banks to enhance client experiences while navigating risks and adhering to stringent regulations. RPA will remain a key component for financial services as they undergo digitization, making business transformation seamless.
• Use of Cloud-Based Automation in Supply Chain Management: Cloud-based automation is a growing opportunity in the supply chain industry. Australian firms have begun implementing cloud technologies to enhance operational workflows, inventory control, and logistics management. Cloud services allow real-time oversight throughout the supply chain, reducing inefficiency and aiding in better decision-making. Automation manages purchasing, order fulfillment, and stock management, making it easier for firms to serve clients quickly. Given increased consumer demand, this advanced area will help Australian firms strengthen their competitive position by improving supply chain flexibility on a global scale.
• Chatbots That Help with Customer Support: AI chatbots are automating customer service in Australia. Businesses across industries use these chatbots to handle customer queries, resolve issues, and offer support around the clock. Chatbots enhance customer satisfaction by providing instant solutions to basic problems and reducing the need for human assistance. They also analyze customer data, enabling companies to improve their services and marketing strategies. This automation reduces labor costs, boosts operational productivity, and enhances customer satisfaction.
• Government Service Support Automation: The adoption of hyper automation for better service delivery and public administration is gaining momentum within Australian government agencies. Technologies such as AI and RPA are being used to automate processes like applications, licensing, and public record management. By automating administrative functions, the government can streamline internal processes, reduce wait times, lowering operating costs, and improve access to services for citizens. The digitization of government operations offers increased opportunities for hyper automation in the public sector, improving accuracy, speed, and transparency.

Growth opportunities in Australia’s hyper automation market are centered around applications such as healthcare, banking, supply chain, customer service, and government. Each application has the potential to improve operational efficiencies, service delivery, cost reduction, and service provisioning. As more Australian businesses adopt hyper automation, these development gaps are setting the stage for a digitally transformed economy.

Hyper Automation Market in Australia Driver and Challenges

Several technological, economic, and regulatory factors impact the hyper automation market in Australia. The country has become a focus area for integrating AI, RPA, and other automation technologies into business processes. However, alongside these opportunities, challenges such as a shortage of skilled resources, increasing cybersecurity risks, and evolving regulations persist. Effectively navigating Australia’s hyper automation landscape requires understanding these factors.

The factors responsible for driving the hyper automation market in Australia include:
• Developments in Artificial Intelligence and Robotic Process Automation (RPA): The rapid growth of AI and RPA technologies is the largest enabler of hyper automation in Australia. AI empowers machines to analyze data, make decisions, and autonomously solve problems, while RPA handles repetitive tasks. These technologies are improving organizational efficiency, minimizing errors, and enhancing service quality across industries. As innovation continues, the adoption of AI and RPA will drive further improvements in operational efficiency and increase the use of hyper automation.
• Economic Downturn and Intense Competition: The Australian economy is under strain, with businesses feeling the impact of rising operational costs, especially in service volume and quality. Hyper-automation is seen as a solution to these challenges, enabling businesses to achieve cost efficiency, streamline processes, and manage resources better. In a hyper automation-driven economy, businesses must adapt to maintain or improve their market share. Economic pressures and the need for greater competitiveness will continue to drive hyper automation adoption.
• Accessibility of Data and Integration Enabling More Advanced Goals: As data becomes more accessible, the integration of various data sets is emerging as a key factor in hyper automation. Integrated data allows businesses to automate tasks that were previously impossible. By leveraging real-time information, companies can make well-informed decisions quickly, enhancing customer satisfaction. This is particularly critical in sectors like healthcare, retail, and banking, where data accuracy is paramount.
• Demand for Improved Customer Satisfaction: A growing focus on customer satisfaction is driving the need for hyper automation. AI-powered chatbots, predictive analytics, and personalized marketing strategies help businesses meet customer demands. Hyper-automation enables instant customer support and personalized guidance, improving the customer experience and alleviating service representatives from routine tasks. The need for immediate assistance, accurate advice, and convenience is pushing businesses toward greater automation.
• Regulatory Compliance and Risk Management: Australian companies are increasingly adopting hyper automation to simplify compliance and risk management. RPA, for instance, helps firms automate processes related to regulatory reporting, audits, and compliance. A hyper-automated workforce minimizes human error, ensuring that companies meet regulatory requirements on time. This focus on risk mitigation is particularly relevant in regulated industries such as finance, healthcare, and manufacturing.

Challenges in the hyper automation market in Australia are:
• Skill Shortages in Automation Technologies: The Australian hyper automation market faces a significant skills gap, particularly in advanced automation technologies like AI and RPA. Companies struggle to adopt automation solutions due to a shortage of skilled workers. Firms are investing in training and development programs to address this gap, but the demand for employees who are prepared to fully utilize hyper automation technologies remains a major challenge.
• Cybersecurity Threats: With the rise of hyper automation comes an increased risk of cybersecurity threats. As businesses rely on data sharing and cloud systems, sensitive information is vulnerable to breaches. Companies must implement robust cybersecurity measures to protect against data breaches and cyberattacks. The increasing sophistication of cyber threats poses a significant obstacle to adopting hyper automation in Australia.
• Regulatory Compliance and Governance: While hyper automation helps businesses remain compliant with regulations, it also introduces new challenges regarding governance and accountability. Automated decision-making processes make it more difficult to trace actions, especially in heavily regulated industries like healthcare and finance. Ensuring compliance while benefiting from automation requires careful attention to AI regulations and governance policies.

The vast hyper automation market in Australia is driven by technological advancements, economic pressures, data availability, customer demands, and regulatory changes. While these factors support market expansion, challenges such as skills shortages, cybersecurity threats, and governance issues need to be addressed. By overcoming these challenges, Australian businesses can unlock the full potential of hyper automation, improving efficiency, compliance, and customer satisfaction.

List of Hyper Automation Market in Australia Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies, hyper automation companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hyper automation companies profiled in this report include:
• Company 1
• Company 2
• Company 3
• Company 4
• Company 5
• Company 6
• Company 7
• Company 8
• Company 9
• Company 10

Hyper Automation Market in Australia by Segment

The study includes a forecast for the hyper automation market in Australia by component, technology, function, and end use industry.

Hyper Automation Market in Australia by Component [Analysis by Value from 2019 to 2031]:


• Hardware
• Software
• Services

Hyper Automation Market in Australia by Technology [Analysis by Value from 2019 to 2031]:


• Robotic Process Automation (RPA)
• Biometrics
• Natural Learning Generation
• Context-Aware Computing
• Chatbots
• Machine Learning
• Other Technologies

Hyper Automation Market in Australia by Function [Analysis by Value from 2019 to 2031]:


• Marketing & Sales
• Finance & Accounting
• Human Resources (HR)
• Operations & Supply Chain
• Information Technology (IT)

Hyper Automation Market in Australia by End Use Industry [Analysis by Value from 2019 to 2031]:


• BFSI
• IT & Telecom
• Retail
• Education
• Manufacturing
• Automotive
• Healthcare & Life Science
• Others

Lucintel Analytics Dashboard

Features of the Hyper Automation Market in Australia

Market Size Estimates: Hyper automation in Australia market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends and forecasts by various segments.
Segmentation Analysis: Hyper automation in Australia market size by component, technology, function, and end use industry in terms of value ($B).
Growth Opportunities: Analysis of growth opportunities in different component, technology, function, and end use industry for the hyper automation in Australia.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hyper automation in Australia.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.
Lucintel Consulting Services

FAQ

Q.1 What are the major drivers influencing the growth of the hyper automation market in Australia?
Answer: The major drivers for this market are surge in demand for robotic process automation (RPA) technology worldwide, increasing demand for enhanced operational effectiveness and financial savings, and rising demand for improved customer experience and personalized services.
Q2. What are the major segments for hyper automation market in Australia?
Answer: The future of the hyper automation market in Australia looks promising with opportunities in the BFSI, IT & telecom, retail, education, manufacturing, automotive, and healthcare & life science markets.
Q3. Which hyper automation market segment in Australia will be the largest in future?
Answer: Lucintel forecasts that hardware will remain the largest segment over the forecast period because the automation solutions provide various advantages, such as heightened quality, efficiency, and error reduction in manufacturing processes owing to their expandability, mobility, and adaptability.
Q4. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 10 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the hyper automation market in Australia by component (hardware, software, and services), technology (robotic process automation (RPA), biometrics, natural learning generation, context-aware computing, chatbots, machine learning, and other technologies), function (marketing & sales, finance & accounting, human resources (HR), operations & supply chain, and information technology (IT)), and end use industry (BFSI, IT & telecom, retail, education, manufacturing, automotive, healthcare & life science, and others)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.4. What are the business risks and competitive threats in this market?
Q.5. What are the emerging trends in this market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?
Q.8. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.9. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.10. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Hyper Automation Market in Australia, Hyper Automation Market in Australia Size, Hyper Automation Market in Australia Growth, Hyper Automation Market in Australia Analysis, Hyper Automation Market in Australia Report, Hyper Automation Market in Australia Share, Hyper Automation Market in Australia Trends, Hyper Automation Market in Australia Forecast, Hyper Automation Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.

                                                            Table of Contents

            1. Executive Summary

            2. Hyper Automation Market in Australia: Market Dynamics
                        2.1: Introduction, Background, and Classifications
                        2.2: Supply Chain
                        2.3: Industry Drivers and Challenges

            3. Market Trends and Forecast Analysis from 2019 to 2031
                        3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
                        3.2. Hyper Automation Market in Australia Trends (2019-2024) and Forecast (2025-2031)
                        3.3: Hyper Automation Market in Australia by Component
                                    3.3.1: Hardware
                                    3.3.2: Software
                                    3.3.3: Services
                        3.4: Hyper Automation Market in Australia by Technology
                                    3.4.1: Robotic Process Automation (RPA)
                                    3.4.2: Biometrics
                                    3.4.3: Natural Learning Generation
                                    3.4.4: Context-Aware Computing
                                    3.4.5: Chatbots
                                    3.4.6: Machine Learning
                                    3.4.7: Other Technologies
                        3.5: Hyper Automation Market in Australia by Function
                                    3.5.1: Marketing & Sales
                                    3.5.2: Finance & Accounting
                                    3.5.3: Human Resources (HR)
                                    3.5.4: Operations & Supply Chain
                                    3.5.5: Information Technology (IT)
                        3.6: Hyper Automation Market in Australia by End Use Industry
                                    3.6.1: BFSI
                                    3.6.2: IT & Telecom
                                    3.6.3: Retail
                                    3.6.4: Education
                                    3.6.5: Manufacturing
                                    3.6.6: Automotive
                                    3.6.7: Healthcare & Life Science
                                    3.6.8: Others

            4. Competitor Analysis
                        4.1: Product Portfolio Analysis
                        4.2: Operational Integration
                        4.3: Porter’s Five Forces Analysis

            5. Growth Opportunities and Strategic Analysis
                        5.1: Growth Opportunity Analysis
                                    5.1.1: Growth Opportunities for the Hyper Automation Market in Australia by Component
                                    5.1.2: Growth Opportunities for the Hyper Automation Market in Australia by Technology
                                    5.1.3: Growth Opportunities for the Hyper Automation Market in Australia by Function
                                    5.1.4: Growth Opportunities for the Hyper Automation Market in Australia by End Use Industry
                        5.2: Emerging Trends in the Hyper Automation Market in Australia
                        5.3: Strategic Analysis
                                    5.3.1: New Product Development
                                    5.3.2: Capacity Expansion of the Hyper Automation Market in Australia
                                    5.3.3: Mergers, Acquisitions, and Joint Ventures in the Hyper Automation Market in Australia
                                    5.3.4: Certification and Licensing

            6. Company Profiles of Leading Players
                        6.1: Company 1
                        6.2: Company 2
                        6.3: Company 3
                        6.4: Company 4
                        6.5: Company 5
                        6.6: Company 6
                        6.7: Company 7
                        6.8: Company 8
                        6.9: Company 9
                        6.10: Company 10
.

Buy full report or by chapter as follows

Price by License Type:
[-] Hide Chapter Details
[Chapter Number] [Chapter Name] [Chapter Number Of Pages] [Chapter Price]
Title/Chapter Name Pages Price
Full Report: Hyper Automation Market in Australia Full Report $ 4,850
150 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

Please sign in below to get report brochure - Hyper Automation Market in Australia .

At Lucintel, we respect your privacy and maintain the confidentiality of information / data provided by you
(Please enter your corporate email. * These fields are mandatory )

Follow us on