Global Business Process Management Market Size Demand Will Increase by 2018-2025
“Global Business Process Management Industry Report” is an expert and in-depth analysis of key business and future development prospects, key determinants and restrictions, profiles of major market players, segmentation and forecasting. The study offers a comprehensive qualitative analysis of the industry’s growth parameters, the current state of the market in terms of analysis of key economic situations and macroeconomic analysis. The analysis highlights the growth opportunities of key market segments along with the tactical moves made by key vendors to grow in the market.
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Scope of the Report:
The Global Business Process Management market to grow from USD 6916.65 million in 2016 to USD 15565.87 million by 2023, at a Compound Annual Growth Rate (CAGR) of 12.29%. The year 2016 has been considered as the base year, while the forecast period is up-to 2023.
The major forces driving the growth of the business process management market include the optimized business operations with efficiency and effectiveness and need for workflow automation and mobile technology evolution. Moreover, staff satisfaction and improved productivity is also one of the factors that is driving the market growth. However lack of middle management involvement to adopt bpm solutions, organisation cultural barriers, may hinder the market growth. In the middle of difficulty lies opportunity such as the emergence of big data and cloud-based bpm solutions, and increased adoption of analytics. The possible challenges for the market growth are integration complexities, and innovation limitation. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on industry, the global business process management market is studied across aerospace & defense, banking, financial services & insurance, consumer goods & retail, education, energy & utilities, government, healthcare & life sciences, information technology, manufacturing, media & entertainment, telecommunication, transportation & logistics, and travel & hospitality. Based on geography, the global business process management market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report features a competitive scenario of the business process management market and provides inclusive analysis of key growth strategies adopted by major players. Key products profiled in the study are Appian Business Process Management Suite, Automate BPM, Bonita BPM, IBM Business Process Manager, Intellect BPM, Laserfiche BPM, OpenText MBPM, Oracle BPM Suite, Penta Business Process Management Software, Pipefy BPM Software, Pulpstream, Sensus BPM Software, TIBCO ActiveMatrix BPM, and bpm’online.
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Table of Content:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Segmentation & Coverage
1.4 Years Considered for the Study
1.5 Currency & Pricing
- Research & Forecasting
2.1 Research Methodology
2.1.1 Research Instruments
126.96.36.199 Secondary Instrument
188.8.131.52 Primary Instrument
2.1.2 Research Approaches
184.108.40.206 Bottom-up Approach
220.127.116.11 Top-down Approach
2.1.3 Research Reliability & Validity
2.1.4 Research Assumptions
2.2 Forecasting Methodology
2.2.1 Methodology for Market Estimation & Forecasting
2.2.2 Significance and Importance of the Market Estimation & Forecasting
- Executive Summary
- Premium Insight
4.1 Market Connectivity
4.2 Market Data Feed
4.3 Market Dynamics
18.104.22.168 Optimized business operations with efficiency and effectiveness
22.214.171.124 Need for workflow automation and mobile technology evolution
126.96.36.199 Staff satisfaction and improved productivity
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