The global Business Process Management (BPM) market size was USD 14.46 Billion in 2022 and is expected to register a rapid revenue CAGR of 19.3% during the forecast period. Increasing need for process automation, rising demand for low code systems, and technological advancements in cloud computing and Big Data offering are key factors driving market revenue growth.
Factors influencing the growth of the Business Process Management market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Business Process Management market. The report discusses in detail the positive and negative impact of the pandemic on the Business Process Management industry. The supply chain disruptions and economic volatility have altered the dynamics of the Business Process Management industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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Competitive Outlook: The leading companies operating in the Business Process Management market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Business Process Management Market and Profiled in the Report are:
Accenture, Appian, IBM, Bizagi, Pegasystems Inc., Nintex UK Ltd, Genpact, Oracle, BP Logix, Inc., Microsoft, Kissflow Inc., Wrike, Inc., Software AG, Newgen Software Technologies Limited, Infosys limited, Camunda, Cloud Software Group, Inc., Tata Consulting Services Limited, Blue Yonder Group, Inc., and Aurea, Inc
Objectives of the Report:
Study of the global Business Process Management market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Business Process Management market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Business Process Management market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Business Process Management market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Business Function Outlook (Revenue, USD Billion; 2019-2032)
- Human Resource Management
- Finance and Accounting
- Sales and Marketing
- Supply Chain Management
- Customer Service Support
-
Organization size Outlook (Revenue, USD Billion; 2019-2032)
- Large Enterprises
- Small and Medium Enterprises
-
Deployment mode dynamics Outlook (Revenue, USD Billion; 2019-2032)
- On-Premises
- Cloud
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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