Business Process Management Market Size

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. In the year 2025, the industry size of business process management is estimated at USD 20.58 billion. The major growth factor includes the increasing adoption of BPM in companies and workspaces. Businesses are increasingly realizing the benefits of BPM in terms of streamlined processes, reducing costs, and improving employee productivity. 74 percent of businesses say their organization's interest in BPM has increased, while 63% use one or two software applications for managing tasks, and 70 percent use one application to model processes.

Several companies are investing in BPM solutions to increase their productivity and scalability, which can lead to greater expansion. In 2020, Process Street raised USD 15 million over five rounds. UiPath has raised USD 2 billion in funding over 11 rounds since it acquired Process Gold. The vendor provides RPA and process mining services to organizations. The company raised USD 745 Million in funding on February 3, 2021.