Search Market Research Report
Business Process Management Market Size, Share Global Analysis Report, 2020–2026
Business Process Management Market By Component (Platform & Services), By Deployment Type (On-Premise and Cloud-Based), By Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), By Business Function (Human Resource Management (HRM), Procurement and Supply Chain Management (SCM), Sales and Marketing, Accounting and Finance, Customer Service Support, and Others), By End-User Industry (BFSI, IT, Telecommunication, Retail and Consumer Goods, Healthcare and Life Sciences, and Others), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Business Process Management industry. The report analyzes and declares the historical and current trends analysis of the Business Process Management industry and subsequently recommends the projected trends anticipated to be observed in the global Business Process Management market during the upcoming years.
The global Business Process Management market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Business Process Management market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Business Process Management industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Business Process Management industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global Business Process Management market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Business Process Management industry. The global Business Process Management market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Business Process Management sector. Key strategic developments in the global Business Process Management market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global Business Process Management market are appropriately highlighted in the report.
Business Process Management (BPM) is just a is a combination of processes for performing modeling, control, execution, automation, measurement, and optimization of the business process flows to acquire the target enterprise goals, employees, spanning systems, customers and business partners. It helps the organization to use automated systems to boom their revenue and outcomes.
The key drivers of the global Business Process Management market include the surging demand for the integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies in the BPM software. Additionally, the rising demand for an automated business process for lowering manually triggered errors and also to improve IT systems to content customers’ dynamic needs will supplement the market expansion. The increasing number of industries including Banking, Financial Services, and Insurance (BFSI); manufacturing; and telecommunications are expected to drive the Business Process Management market during the forecast period.
The global Business Process Management market research report delivers an acute valuation and taxonomy of the Business Process Management industry by practically splitting the market on the basis of different component deployment type business function organization size, end-user industry, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Business Process Management industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Business Process Management industry is provided for the leading economies of the world.
The global Business Process Management market is segmented based on Component Deployment Type Business FunctionOrganization Size, and End-User Industry. By component, the global Business Process Management market is divided into Platform & Services. Based on the deployment type, the market is sectored into On-Premise and Cloud-Based. On the basis of organization size, the market for business process management is categorized into Small and Medium-Sized Enterprises and Large Enterprises. In terms of business function, the market is segregated into Human Resource Management (HRM), Procurement and Supply Chain Management (SCM), Sales and Marketing, Accounting and Finance, Customer Service Support, and Others. By the end-user industry, the global Business Process Management market is classified into BFSI, IT, Telecommunication, Retail, and Consumer Goods, Healthcare and Life Sciences, and Others.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 8.5 Billion |
Projected Market Size in 2026 |
USD 15.9 Billion |
CAGR Growth Rate |
10.7% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Appian, Pegasystems, TIBCO, Oracle, Bizagi, Nintex, OpenText, Kofax, Newgen Software, BP Logix, Genpact, IBM, ProcessMaker, AgilePoint, Software AG, K2, Creatio, Bonitasoft, Kissflow, and AuraPortal. |
Key Segment |
By Component, By Organization Size, By Business Function, By End-User and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
Request customized purchase options to meet your research needs. Explore purchase options |
Some of the essential players operating in the global Business Process Management market, but not restricted to include
- Appian
- Pegasystems
- TIBCO
- Oracle
- Bizagi
- Nintex
- OpenText
- Kofax
- Newgen Software
- BP Logix
- Genpact
- IBM
- ProcessMaker
- AgilePoint
- Software AG K2
- Creatio
- Bonitasoft
- Kissflow
- Aura Portal.
The taxonomy of the global Business Process Management Market by its scope and segmentation is as follows:
ComponentSegmentation Analysis
- Platform
- Services
Organization Size Segmentation Analysis
- Small and Medium-Sized Enterprises
- Large Enterprises
Deployment Type Segmentation Analysis
- On-Premise
- Cloud-Based
Business Function Segmentation Analysis
- Human Resource Management (HRM)
- Procurement and Supply Chain Management (SCM)
- Sales and Marketing
- Accounting and Finance
- Customer Service Support
- Others
End-User Industry Segmentation Analysis
- BFSI
- IT
- Telecommunication
- Retail and Consumer Goods
- Healthcare and Life Sciences
- Others
Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Appian
- Pegasystems
- TIBCO
- Oracle
- Bizagi
- Nintex
- OpenText
- Kofax
- Newgen Software
- BP Logix
- Genpact
- IBM
- ProcessMaker
- AgilePoint
- Software AG K2
- Creatio
- Bonitasoft
- Kissflow
- Aura Portal.
Copyright © 2023 - 2024, All Rights Reserved, Facts and Factors