Business Process Management (BPM) Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	160 Pages	Fortune Business Insights Pvt. Ltd.	November, 2024	FOB19326527

Best Price Guarantee
Price	from $4,850
Length	160 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	November, 2024
SKU	FOB19326527

Business Process Management (BPM) Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Business Process Management Market

The global business process management market size was valued at USD 14.74 billion in 2023 and is 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.

The pandemic boosted demand for Business Process Management (BPM) solutions as corporations tailored to far-flung paintings and prioritized automation to enhance performance. While some industries confronted financial cuts that were not on time for BPM adoption, sectors like healthcare and banking expanded BPM use to deal with extended online pastime, underscoring its significance for resilience and versatility, impeding the business process management market growth.

Key drivers for the Business Process Management (BPM) marketplace include the growing demand for operational efficiency, the upward thrust in virtual transformation projects, and the increasing focus on purchaser enjoy management. Companies are adopting BPM solutions to streamline methods, enhance productivity, and adapt to the rapidly converting digital panorama.

AI and system studying are revolutionizing business system control. By automating complex duties and improving choice-making, these technologies beautify technique performance. Intelligent automation powered through AI can take care of recurring tasks, freeing up human assets for more strategic paintings and impeding the global business process management market share. Additionally, predictive analytics leverages historical data to forecast future tendencies and optimize tactics, permitting businesses to stay ahead of the curve and make records-pushed decisions.

Comprehensive Analysis of Business Process Management Market

The Business Process Management (BPM) market is segmented into components, deployment, organization length, capability, and industry. The answer/platform section leads due to its performance in streamlining commercial enterprise strategies, even as offerings are anticipated to develop swiftly. Cloud-based BPM dominates because of value benefits and flexibility, with on-premise answers growing steadily. Large businesses dominate adoption, but SMEs are expected to increase as they seek productiveness enhancements. BPM solutions are extensively utilized in accounting & finance, HR, supply chain, sales, and operations, with accounting & finance displaying the highest increase. BFSI leads the industry phase, followed by healthcare, IT & telecom, and manufacturing, all adopting BPM for operational efficiency and digital transformation.

The North America region led the business process management market by benefitting a size of USD 8.74 billion in 2023 due to the growing adoption of commercial enterprise system automation software programs inside the U.S. The marketplace is experiencing a superb impact.

The leading players in the Business Process Management (BPM) market significantly influence its growth and shape industry standards. Key players, including Appian Corporation (U.S.), IBM Corporation (U.S.), Kissflow (India), Laserfiche (U.S.), Pegasystems, Inc. (U.S.), BP Logix, Inc. (U.S.), Fujitsu Ltd. (Japan), Opentext, Inc. (Canada), Infosys Ltd. (India), and SourceCode Technology Holdings, Inc. (U.S.), contribute to a competitive landscape, driving innovation and advancing the market.

In March 2024, Appian launched the most modern model of the Appian Platform, now geared up with generative AI to beautify and streamline business tactics.

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 AmericaPlease Note: It will take 5-6 business days to complete the report upon order confirmation.

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