Business Process Management (BPM) Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	160 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19224138

Best Price Guarantee
Price	from $4,850
Length	160 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19224138

Business Process Management (BPM) Market

Growth Factors of Business Process Management (BPM) Market

The Business Process Management (BPM) market size was valued at USD 14.74 billion in 2023, and the market is now projected to grow from USD 16.48 billion in 2024 to USD 37.84 billion by 2032, exhibiting a CAGR of 10.9% during the forecast period of 2024-2032.

As the worldwide macroeconomic circumstance changes drastically, businesses proceed to embrace computerized innovations to maintain the market changes. Given the current mechanical disturbances and their part in both encouraging trade forms and forming more current commerce modes, the significance of business process management as a key driver for advanced change is expanding. Enterprises and businesses are seeing bpm arrangements as key initiators of advanced development and consequently the Business Process Management (BPM) market growth is anticipated to witness solid development in the midst of the complex environment of COVID-19.

AI is picking up traction over the corporate world coming about in imaginative commerce models and business process headways. BPM instruments help companies in mobilizing assets, computerizing monotonous manual exercises, and permitting self-service in ranges blocked off in recent times. Businesses are picking for more effective BPM apparatuses as they help in superior perceivability into commerce operation models. Joining artificial insights (AI) innovation to existing BPM software program (commonly alluded to as iBPMS) instruments permits businesses to alleviate human blunders from processes whereas giving improved benefit to the consumers.

BPM is being broadly embraced to attain craved trade objectives and optimizing operations. Businesses are focusing on robotizing trade forms to extend proficiency whereas keeping timing limitations to a least. The BPM Industry is being boosted by developed approaches of organizations toward digitization to progress execution, adaptability, and client fulfillment. Besides, trade prepare mechanization helps to dispense with manual mistakes and construct personalized systems.

Comprehensive Analysis of Business Process Management (BPM) Market

On the component basis, the business process management (BPM) market is sectioned into a solution/platform and administrations. BMP solution/platform portion captured the biggest advertise share. With the usage of BPM arrangements, forms that already required human intercession in trade handling have presently streamlined, permitting specialists to depend on their key assignments. On the basis of deployment, the market is bifurcated into on-premises & cloud BPM. Based on organization estimate, the market is sectioned into expansive ventures and SME's. On the bifurcation of application, the market is categorized into accounting & finance, deals & promoting, operation & bolster, human asset, supply chain administration, and others. Based on industry, the trade prepare administration market is categorized into BFSI, IT & media transmission, healthcare, fabricating, and others.

The Business Process Management (BPM) market share in North America generated the greatest revenue with a valuation of USD 8.74 Billion in 2023 owing to the high entrants of progressed innovations among trade operations. As commerce handle robotization computer program selection is expanding within the U.S., it is making a positive effect on the market. Additionally, the presence of market pioneers within the region is contributing to the critical improvement of the method modeling stages.

Market-leading players such as Appian Corporation (U.S.), Infosys (India), IBM Corporation (U.S.), Kissflow (India), Laserfiche (U.S.), Logix, Inc. (U.S.), and Fujitsu Ltd. (Japan) are integrating BPM solutions with advanced technologies such as AI, ML, and others combiningly endeavor to update their item offerings by reinforcing by joining progressed advances. Other players are entering into key organizations to solidify their showcase position and pick up a competitive edge.

In February 2024 the company Fujitsu amplified its organization with Celonis to quicken advanced change and trade change for clients. Through its organization, Fujitsu makes a difference clients boost their efficiency.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019–2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024–2032

Historical Period 2019–2022

Growth Rate CAGR of 10.9% from 2024 to 2032

Unit Value (USD billion)

Segmentation By Component

Solution/Tools/Platform
Services

By Deployment

On-Premise
Cloud

By Organization Size

Large Enterprises
Small and Medium Sized Enterprises

By Functionality

Accounting & Finance
Sales & Marketing
Human Resource
Supply Chain Management
Operations Management & Support
Others (Customer Management, Etc.)

By Industry

BFSI
IT & Telecommunication
Healthcare
Manufacturing
Others (Government, Media & Entertainment)

By Region

North America (Component; Deployment; Organization Size; Functionality; Industry and Country)
United States
Canada
Europe (Component; Deployment; Organization Size; Functionality; Industry and Country)
UK
Germany
France
Scandinavia
Rest of Europe
Asia Pacific (Component; Deployment; Organization Size; Functionality; Industry and Country)
China
India
Japan
Southeast Asia
Rest of Asia Pacific
The Middle East & Africa (Component; Deployment; Organization Size; Functionality; Industry and Country)
GCC
South Africa
Rest of the Middle East & Africa
Latin America (Component; Deployment; Organization Size; Functionality; Industry and Country)
Brazil
Mexico
Rest of Latin America

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1. Introduction: 1.1. Definition, By Segment; 1.2. Research Methodology/Approach; 1.3. Data Sources
2. Executive Summary
3. Market Dynamics: 3.1. Macro and Micro Economic Indicators; 3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape: 4.1. Business Strategies Adopted by Key Players; 4.2. Consolidated SWOT Analysis of Key Players; 4.3. Global Business Process Management Key Players Market Share/Ranking, 2023
5. Global Business Process Management Market Size Estimates and Forecasts, By Segments, 2019-2032: 5.1. Key Findings; 5.2. By Component; 5.2.1. Solution/Tools/Platform; 5.2.2. Services; 5.3. By Deployment; 5.3.1. On-Premise; 5.3.2. Cloud; 5.4. By Organization Size; 5.4.1. Large Organization; 5.4.2. Small and Medium Organization; 5.5. By Functionality; 5.5.1. Accounting & Finance; 5.5.2. Sales & Marketing; 5.5.3. Human Resource; 5.5.4. Supply Chain Management; 5.5.5. Operations Management & Support; 5.5.6. Others (Customer Management, Etc.); 5.6. By Industry; 5.6.1. BFSI; 5.6.2. IT & Telecommunication; 5.6.3. Healthcare; 5.6.4. Manufacturing; 5.6.5. Others (Government, Media & Entertainment); 5.7. By Region (USD); 5.7.1. North America; 5.7.2. South America; 5.7.3. Europe; 5.7.4. Middle East & Africa; 5.7.5. Asia Pacific
6. North America Business Process Management Market Size Estimates and Forecasts, By Segments, 2019-2032: 6.1. Key Findings; 6.2. By Component; 6.2.1. Solution/Tools/Platform; 6.2.2. Services; 6.3. By Deployment; 6.3.1. On-Premise; 6.3.2. Cloud; 6.4. By Organization Size; 6.4.1. Large Organization; 6.4.2. Small and Medium Organization; 6.5. By Functionality; 6.5.1. Accounting & Finance; 6.5.2. Sales & Marketing; 6.5.3. Human Resource; 6.5.4. Supply Chain Management; 6.5.5. Operations Management & Support; 6.5.6. Others (Customer Management, Etc.); 6.6. By Industry; 6.6.1. BFSI; 6.6.2. IT & Telecommunication; 6.6.3. Healthcare; 6.6.4. Manufacturing; 6.6.5. Others (Government, Media & Entertainment); 6.7. By Country; 6.7.1. United States; 6.7.2. Canada
7. Europe Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028: 7.1. By Component; 7.1.1. Solution/Tools/Platform; 7.1.2. Services; 7.2. By Deployment; 7.2.1. On-Premise; 7.2.2. Cloud; 7.3. By Organization Size; 7.3.1. Large Organization; 7.3.2. Small and Medium Organization; 7.4. By Functionality; 7.4.1. Accounting & Finance; 7.4.2. Sales & Marketing; 7.4.3. Human Resource; 7.4.4. Supply Chain Management; 7.4.5. Operations Management & Support; 7.4.6. Others (Customer Management, Etc.); 7.5. By Industry; 7.5.1. BFSI; 7.5.2. IT & Telecommunication; 7.5.3. Healthcare; 7.5.4. Manufacturing; 7.5.5. Others (Government, Media & Entertainment); 7.6. By Country; 7.6.1. United Kingdom; 7.6.2. Germany; 7.6.3. France; 7.6.4. Scandinavia; 7.6.5. Rest of Europe
8. Asia Pacific Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028: 8.1. By Component; 8.1.1. Solution/Tools/Platform; 8.1.2. Services; 8.2. By Deployment; 8.2.1. On-Premise; 8.2.2. Cloud; 8.3. By Organization Size; 8.3.1. Large Organization; 8.3.2. Small and Medium Organization; 8.4. By Functionality; 8.4.1. Accounting & Finance; 8.4.2. Sales & Marketing; 8.4.3. Human Resource; 8.4.4. Supply Chain Management; 8.4.5. Operations Management & Support; 8.4.6. Others (Customer Management, Etc.); 8.5. By Industry; 8.5.1. BFSI; 8.5.2. IT & Telecommunication; 8.5.3. Healthcare; 8.5.4. Manufacturing; 8.5.5. Others (Government, Media & Entertainment); 8.6. By Country; 8.6.1. China; 8.6.2. India; 8.6.3. Japan; 8.6.4. Southeast Asia; 8.6.5. Rest of Asia Pacific
9. Middle East & Africa Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028: 9.1. By Component; 9.1.1. Solution/Tools/Platform; 9.1.2. Services; 9.2. By Deployment; 9.2.1. On-Premise; 9.2.2. Cloud; 9.3. By Organization Size; 9.3.1. Large Organization; 9.3.2. Small and Medium Organization; 9.4. By Functionality; 9.4.1. Accounting & Finance; 9.4.2. Sales & Marketing; 9.4.3. Human Resource; 9.4.4. Supply Chain Management; 9.4.5. Operations Management & Support; 9.4.6. Others (Customer Management, Etc.); 9.5. By Industry; 9.5.1. BFSI; 9.5.2. IT & Telecommunication; 9.5.3. Healthcare; 9.5.4. Manufacturing; 9.5.5. Others (Government, Media & Entertainment); 9.6. By Country; 9.6.1. GCC; 9.6.2. South Africa; 9.6.3. Rest of MEA
10. Latin America Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028: 10.1. By Component; 10.1.1. Solution/Tools/Platform; 10.1.2. Services; 10.2. By Deployment; 10.2.1. On-Premise; 10.2.2. Cloud; 10.3. By Organization Size; 10.3.1. Large Organization; 10.3.2. Small and Medium Organization; 10.4. By Functionality; 10.4.1. Accounting & Finance; 10.4.2. Sales & Marketing; 10.4.3. Human Resource; 10.4.4. Supply Chain Management; 10.4.5. Operations Management & Support; 10.4.6. Others (Customer Management, Etc.); 10.5. By Industry; 10.5.1. BFSI; 10.5.2. IT & Telecommunication; 10.5.3. Healthcare; 10.5.4. Manufacturing; 10.5.5. Others (Government, Media & Entertainment); 10.6. By Country; 10.6.1. Brazil; 10.6.2. Mexico; 10.6.3. Rest of Latin America
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases): 11.1. Appian Corporation; 11.1.1. Overview; 11.1.1.1. Key Management; 11.1.1.2. Headquarters; 11.1.1.3. Offerings/Business Segments; 11.1.2. Key Details (Key details are consolidated data and not product/service specific); 11.1.2.1. Employee Size; 11.1.2.2. Past and Current Revenue; 11.1.2.3. Geographical Share; 11.1.2.4. Business Segment Share; 11.1.2.5. Recent Developments; 11.2. IBM Corporation; 11.2.1. Overview; 11.2.1.1. Key Management; 11.2.1.2. Headquarters; 11.2.1.3. Offerings/Business Segments; 11.2.2. Key Details (Key details are consolidated data and not product/service specific); 11.2.2.1. Employee Size; 11.2.2.2. Past and Current Revenue; 11.2.2.3. Geographical Share; 11.2.2.4. Business Segment Share; 11.2.2.5. Recent Developments; 11.3. Kissflow; 11.3.1. Overview; 11.3.1.1. Key Management; 11.3.1.2. Headquarters; 11.3.1.3. Offerings/Business Segments; 11.3.2. Key Details (Key details are consolidated data and not product/service specific); 11.3.2.1. Employee Size; 11.3.2.2. Past and Current Revenue; 11.3.2.3. Geographical Share; 11.3.2.4. Business Segment Share; 11.3.2.5. Recent Developments; 11.4. Laserfiche; 11.4.1. Overview; 11.4.1.1. Key Management; 11.4.1.2. Headquarters; 11.4.1.3. Offerings/Business Segments; 11.4.2. Key Details (Key details are consolidated data and not product/service specific); 11.4.2.1. Employee Size; 11.4.2.2. Past and Current Revenue; 11.4.2.3. Geographical Share; 11.4.2.4. Business Segment Share; 11.4.2.5. Recent Developments; 11.5. Pegasystems, Inc.; 11.5.1. Overview; 11.5.1.1. Key Management; 11.5.1.2. Headquarters; 11.5.1.3. Offerings/Business Segments; 11.5.2. Key Details (Key details are consolidated data and not product/service specific); 11.5.2.1. Employee Size; 11.5.2.2. Past and Current Revenue; 11.5.2.3. Geographical Share; 11.5.2.4. Business Segment Share; 11.5.2.5. Recent Developments; 11.6. BP Logix, Inc.; 11.6.1. Overview; 11.6.1.1. Key Management; 11.6.1.2. Headquarters; 11.6.1.3. Offerings/Business Segments; 11.6.2. Key Details (Key details are consolidated data and not product/service specific); 11.6.2.1. Employee Size; 11.6.2.2. Past and Current Revenue; 11.6.2.3. Geographical Share; 11.6.2.4. Business Segment Share; 11.6.2.5. Recent Developments; 11.7. Fujitsu Ltd.; 11.7.1. Overview; 11.7.1.1. Key Management; 11.7.1.2. Headquarters; 11.7.1.3. Offerings/Business Segments; 11.7.2. Key Details (Key details are consolidated data and not product/service specific); 11.7.2.1. Employee Size; 11.7.2.2. Past and Current Revenue; 11.7.2.3. Geographical Share; 11.7.2.4. Business Segment Share; 11.7.2.5. Recent Developments; 11.8. OpenText, Inc.; 11.8.1. Overview; 11.8.1.1. Key Management; 11.8.1.2. Headquarters; 11.8.1.3. Offerings/Business Segments; 11.8.2. Key Details (Key details are consolidated data and not product/service specific); 11.8.2.1. Employee Size; 11.8.2.2. Past and Current Revenue; 11.8.2.3. Geographical Share; 11.8.2.4. Business Segment Share; 11.8.2.5. Recent Developments; 11.9. Infosys Ltd.; 11.9.1. Overview; 11.9.1.1. Key Management; 11.9.1.2. Headquarters; 11.9.1.3. Offerings/Business Segments; 11.9.2. Key Details (Key details are consolidated data and not product/service specific); 11.9.2.1. Employee Size; 11.9.2.2. Past and Current Revenue; 11.9.2.3. Geographical Share; 11.9.2.4. Business Segment Share; 11.9.2.5. Recent Developments; 11.10. SourceCode Technology Holdings, Inc.; 11.10.1. Overview; 11.10.1.1. Key Management; 11.10.1.2. Headquarters; 11.10.1.3. Offerings/Business Segments; 11.10.2. Key Details (Key details are consolidated data and not product/service specific); 11.10.2.1. Employee Size; 11.10.2.2. Past and Current Revenue; 11.10.2.3. Geographical Share; 11.10.2.4. Business Segment Share; 11.10.2.5. Recent Developments
12. Key Takeaways