Business Process Management Market Analysis

  • Report ID: 5037
  • Published Date: Oct 14, 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 2037. 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 2037, 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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Author Credits:  Abhishek Verma


  • Report ID: 5037
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of business process management is estimated at USD 20.58 billion.

The business process management market size was valued at USD 18.89 billion in 2024 and is expected to cross USD 65.48 billion by the end of 2037, expanding at more than 11.1% CAGR during the forecast period i.e., between 2025-2037. Growing demand for digital transformation, increasing need for process automation, and the need to reduce operational costs will impel the market growth.

Asia Pacific industry is estimated to reach a revenue share of about 28% by 2037, impelled by the rising need for operational efficiency, increased automation of back-office activities, and an increase in cloud computing services in the region

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