Home Services Industry Services Press Releases About Us Blogs Report Store Contact us

Automation Software Market | Acumen Research and Consulting

Automation Software Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

Published : Oct 2022

Report ID: ARC2735

Pages : 250

Format : Automation Software Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

Summary Table of Content Customization Download Sample Infographics

The Global Automation Software Market Size accounted for USD 19.9 Billion in 2021 and is estimated to achieve a market size of USD 76.4 Billion by 2030 growing at a CAGR of 16.5% from 2022 to 2030. The increasing adoption of emerging digital industrial technologies such as IIoT and cloud-based solutions is driving the automation software market growth. Furthermore, the growing requirement to eliminate human error and boost time efficiency, as well as the rising demand for improved performance and control over everyday operations, are projected to drive the automation software market value over the next few years.

Global automation software market revenue is estimated to expand by USD 76.4 billion by 2030, with a 16.5% CAGR from 2022 to 2030.

Automation Software Market Report Key Highlights

  • Global automation software market revenue is estimated to expand by USD 76.4 billion by 2030, with a 16.5% CAGR from 2022 to 2030.
  • North America automation software market share accounted for over 39% shares in 2021
  • Asia-Pacific automation software market trend will observe fastest CAGR from 2022 to 2030
  • Based on product, cloud segment accounted for over 58% of the overall market share in 2021
  • The manufacturing application segment is growing at a CAGR of 17.1% from 2022-2030
  • On-premise product segment is expected to reach at a CAGR of 17.3% over the forecasting years
  • Rising adoption of emerging digital industrialization such as industrial Internet of Things (IIoT), fuels the automation software market size

Automation software is a program that reduces the need for human intervention and can be utilized in practically any sector. Automation software is intended to convert recurring, routine processes into automated actions. Automation systems have expanded rapidly in recent years. 75% of marketing professionals are already utilizing, at least one marketing automation software, with 50% claiming that automation has enhanced their overall rate of exchange. These platforms, when combined with other conversion technologies, significantly improve organizational value.

 Global Automation Software Market Dynamics

Market Drivers

  • Growing need for automation in quality and reliable operations
  • Increasing adoption for mass production with lower operating expenses
  • Widespread adoption of industry 4.0 & technology architecture
  • Rising adoption of emerging digital industrialization such as industrial Internet of Things (IIoT)

Market Restraints

  • Limited professional availability and security awareness
  • High implementation costs for industrial automation solutions

Market Opportunities

  • Increasing need to mitigate human errors and save time
  • Growing demand for improved performance and governance

Automation Software Market Report Coverage

Market Automation Software Market
Automation Software Market Size 2021 USD 19.9 Billion
Automation Software Market Forecast 2030 USD 76.4 Billion
Automation Software Market CAGR During 2022 - 2030 16.5%
Automation Software Market Analysis Period 2018 - 2030
Automation Software Market Base Year 2021
Automation Software Market Forecast Data 2022 - 2030
Segments Covered By Product, By Application, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled ClickDimensions, Act-On Software, Oracle, ActiveCampaign, Sendinblue, SAS, Acoustic, Salesforce, GetResponse, and HubSpot.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
Automation Software Market Insights

The government is focused on strengthening the infrastructure in order to support the adoption of advanced devices. In 2021, the government of the US said it will spend US$ 10.9 Bn on intelligent process automation (IPA). While artificial intelligence (AI) and robotic process automation (RPA) services are expected to have lower spending with US$ 4 Bn and US$ 5.4 respectively. The adoption of intelligent process automation in every industrial vertical approach towards enhancing operational efficiency and reducing cost is increasing. Favorable business schemes and policies by the local government and the emergence of SME enterprises with innovative solutions and increasing investment for automation in various industry verticals are major factors expected to drive the growth of the global automation software market. In addition, increasing mergers & acquisitions and novel product entries in order to grow the business and enhance the customer base will drive the industrial automation software market growth.

Factors such as the lack of developed infrastructure in developing countries for the adoption of advanced devices and the lack of skilled professionals are factors expected to hamper the growth of the global marketing automation software market. In addition, the high cost associated with the integration of advanced solutions to the present structure is expected to challenge the growth of the target market. However, increasing government spending on training new professionals, high investment by major players, and new product launches are factors expected to create new opportunities for players operating in the industrial automation software market trend over the forecast period. In addition, the increasing partnership between regional and international players is expected to support the revenue growth of the target market.

Automation Software Market Growth 2022 - 2030

Automation Software Market Segmentation  

The worldwide automation software market segmentation is based on the product, application, and geography.

Automation Software Market By Product

  • On-premises
  • Cloud

Based on product, cloud segment accounted for over 58% of the overall market share in 2021

According to the automation software industry analysis, the on-premise segment is predicted to account for the biggest revenue share during the projection years. On-premise is substantially more secure because the software is installed within an organization's premises, ensuring superior data control. Furthermore, on-premises software is favored over on-cloud software since it is more protected.

Automation Software Market By Application

  • BFSI
  • IT and Telecoms
  • Retail and Consumer Goods
  • Travel and Hospitality
  • Healthcare and Life Sciences
  • Education
  • Media and Entertainment
  • Manufacturing
  • Others

According to the automation software market forecast, the manufacturing industry is predicted to increase significantly in the market over the next few years. By improving organizational efficiency, automation software has revolutionized the manufacturing business. Due to its great efficiency, such software is projected to see increased acceptance in the manufacturing industry, driving revenue in this sector.

Automation Software Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

Asia-Pacific automation software market trend will observe fastest CAGR from 2022 to 2030

Asia-Pacific Region Is Expected To Lead The Global Automation Software Market

The market in Asia-Pacific is expected to witness faster growth in the target market due to high government spending on infrastructure. Rapid industrialization in developing countries with the advent of artificial intelligence, machine learning, and robotic technology is revolutionizing economies with automated systems. Government expenditure on the development of healthcare is increasing; the inclination towards deployment of advanced robotics in order to facilitate the service is expected to augment the automation software market growth.

Automation Software Market Players

Some of the top automation software market companies offered in the professional report include ClickDimensions, Act-On Software, Oracle, ActiveCampaign, Sendinblue, SAS, Acoustic, Salesforce, GetResponse, and HubSpot.

Automation Software Market Strategies

Some of the key strategies in global market:

  • In 2021, UiPath a leading enterprise automation software company launched its first automation school in Ireland to educate the next generation of the country’s workforce on automation. This launch is expected to help the company to enhance its business and attract new customers.
  • In 2021, Sopra Banking Software launched software “Marketplace” to accelerate the platformization and modernization of banking systems. This can help BSFI leverage digitalization for banking, customer service, security, documentary management, data management, and visualization.
  • In 2020, Automation Anywhere, a leader in RPA, launched its AI-Powered Banking Bot to Expedite SBA Loan Processing from 3 Days to 3 Weeks. This product launch is expected to help the company to enhance its business and strengthen its product offerings in the BFSI sector
  • In 2020, Temenos AG launched its digital banking service software solutions in the U.S. The software will let clients launch digital-only bank accounts for 90 days, thus letting the banks meet the growing consumer demand and stay competitive in the market. Temenos AG is a banking-based technology service provider from Switzerland. This is expected to help the company to enhance its business and increase its revenue share.

Asia-Pacific Region Is Expected To Lead The Global Automation Software Market

Frequently Asked Questions

What is the size of global automation software market in 2021?

The estimated value of global automation software market in 2021 was accounted to be USD 19.9 Billion.

What is the CAGR of global automation software market during forecast period of 2022 to 2030?

The projected CAGR automation software market during the analysis period of 2022 to 2030 is 16.5%.

Which are the key players operating in the market?

The prominent players of the global automation software market are ClickDimensions, Act-On Software, Oracle, ActiveCampaign, Sendinblue, SAS, Acoustic, Salesforce, GetResponse, and HubSpot.

Which region held the dominating position in the global automation software market?

North America held the dominating automation software during the analysis period of 2022 to 2030.

Which region registered the fastest growing CAGR for the forecast period of 2022 to 2030?

Asia-Pacific region exhibited fastest growing CAGR for automation software during the analysis period of 2022 to 2030.

What are the current trends and dynamics in the global automation software market?

Widespread adoption of industry 4.0 & technology architecture, and rising adoption of emerging digital industrialization such as IIoT drives the growth of global automation software market.

By product segment, which sub-segment held the maximum share?

Based on product, cloud segment is expected to hold the maximum share of the automation software market.

Select Licence Type

Single User

US$ 4500

Multi User

US$ 7000

Excel Datapack

US$ 2000

Why Acumen Research And Consulting

100%

Customer Satisfaction

24x7

Availability - we are always there when you need us

200+

Fortune 50 Companies trust Acumen Research and Consulting

80%

of our reports are exclusive and first in the industry

100%

more data and analysis

1000+

reports published till date