The global automation COE market size is expected to reach USD 3,180.8 million by 2030, according to a new study by Polaris Market Research. The report “Automation COE Market Share, Size, Trends, Industry Analysis Report, By Services, By Organization Size (Large Enterprises and SMEs); By Verticals; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into the current market dynamics and provides an analysis of future market growth.
The growing demand for automation COE is due to rapid digitization and technological advancement across developed and developing nations. Furthermore, increasing adoption of these solutions for minimal resource utilization, improved productivity, and increased return on investment is projected to bolster the market.
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In addition, the growing demand across end-use industries to handle complex data with maximum security and automate business processes is expected to drive the market over the forecast period. Furthermore, these automated technologies equipped with AI detect the data generated, recognize the optimal workforce depending on the specific industry, and suggest plans for businesses to improve their decision-making, complementing the market growth.
The COVID-19 pandemic positively impacted the demand for automation COE solutions as many industrial and commercial sectors have deployed many automation solutions and software to keep up with ongoing tasks. Many IT firms and the healthcare sector demanded automation services to improve communication, speed up staff onboarding, and improve workflow efficiency influencing market growth.
Automation COE Market Report Highlights
Polaris Market Research has segmented the automation COE market report based on services, organization size, verticals, and region:
Automation COE, Services Outlook (Revenue - USD Million, 2018 - 2030)
Automation COE, Organization Size Outlook (Revenue - USD Million, 2018 - 2030)
Automation COE, Verticals Outlook (Revenue - USD Million, 2018 - 2030)
Automation COE, Regional Outlook (Revenue - USD Million, 2018 - 2030)