Business Process Management Market Analysis

  • Report ID: 5037
  • Published Date: Jun 17, 2024
  • Report Format: PDF, PPT

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
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 5037
  • Published Date: Jun 17, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing demand for digital transformation, increasing need for process automation, and the need to reduce operational costs.

The market size of business process management is anticipated to attain a CAGR of ~13.50% over the forecast period, i.e., 2023 – 2035.

The major players in the market are IBM Corporation, Accenture, iGrafx, LLC, Appian Corporation, BP Logix, Inc., SAP SE, Oracle, Open Text Corporation, Pegasystems Inc., and Tata Consultancy Services Limited.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by deployment, solution, end-user, and by region.

The process automation segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Incompatibility with existing systems and inadequate coordination across the organization.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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