Business Process Management Market Analysis

Business Process Management Segmentation

Solution (Process Management, Content, and Document Management, Process Automation, Application Integrations)

A market share of about 37% is predicted for the process automation segment in 2036. The rise of Artificial Intelligence (AI) and Machine Learning (ML) technologies has enabled businesses to automate processes, resulting in improved efficiency and cost savings. The automated processes help in increasing overall productivity. 90% of SMBs perform repetitive, time-consuming tasks, and automation has increased productivity for 66% of knowledge workers. It also provides features such as workflow automation, analytics, and reporting, which help improve customer experience and increase the accuracy and speed of operations.

Deployment (On-Premises, Cloud)

By 2036, the cloud segment in the business process management market is projected to hold an revenue share of about 54%. Increasing demand for cloud-based business process management solutions from companies of various sizes due to the cost-effectiveness, scalability, and flexibility they offer. Additionally, cloud-based solutions offer features such as real-time analytics, data security, and mobility which further boosts their adoption by businesses. They also enable businesses to quickly develop and deploy applications and services, as well as to access large datasets without the need to manage large IT infrastructure

Our in-depth analysis of the global market includes the following segments:

Deployment	On-Premises Cloud
Solution	Process Management Content and Document Management Process Automation Application Integrations
End User	BFSI Government A&D Healthcare IT and Telecommunication Retail Manufacturing Education

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of business process management is evaluated at USD 18.7 Billion.

The business process management market size was valued at USD 16.31 Billion in 2023 and is expected to exceed USD 58.94 Billion by the end of 2036, registering over 11.2% CAGR during the forecast period i.e., between 2024-2036. Growing demand for digital transformation, increasing need for process automation, and the need to reduce operational costs.

Asia Pacific industry is estimated to reach a revenue share of about 28% by 2036, impelled by the rising need for operational efficiency, increased automation of back-office activities, and an increase in cloud computing services in the region

IBM Corporation, Accenture, iGrafx, LLC, Appian Corporation, BP Logix, Inc., SAP SE, Oracle, Open Text Corporation, Pegasystems Inc., Tata Consultancy Services Limited.

Business Process Management Market Analysis