Process Mining Software Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Process Mining Software Market
The Process Mining Software market size was valued at USD 1.66 billion in 2023, and the market is now projected to grow from USD 2.46 billion in 2024 to USD 46.39 billion by 2032, exhibiting a CAGR of 44.3% during the forecast period of 2024-2032.
The worldwide COVID-19 widespread has radically influenced businesses over the world. In any case, COVID has emphatically affected the selection of prepare mining program due to selection of developing innovation such as Industrial Internet of Things (IIoT), artificial intelligence (AI)-powered arrangements, recreation innovation, enormous information, analytics and cloud-based innovations. Besides, handle mining computer program could be a great option, as businesses move toward digitalization, because it gives dexterous effectiveness by eliminating manual assignments and diminishes physical workload on laborers, as well because it gives real-time detailing highlights, which upgrade the development of the market.
Companies over businesses are experiencing advanced changes with the help of computerization. They are searching for advances that can offer assistance them optimize efficiency whereas bringing down venture costs. This quick development fuels the demand for robotic process automation (RPA) to improve execution and efficiency. Businesses are too coordination RPA with this program to maximize the effect of automation.
Computer program companies are contributing in artificial intelligence and process mining. This integration gives real-time investigation and more chances for enterprises to progress their operational capabilities. Machine learning and profound learning are AI methods that offer different benefits, including bigger datasets, business intelligence, and wealthier occasion logs. Agreeing to the 2018 Accenture Process Reimagined report, 88% of businesses that utilized machine learning in their trade forms saw a 200% improvement.
Comprehensive Analysis Of Process Mining Software Market
Based on deployment, the advertise is bifurcated into cloud-based and on-premises.
The cloud-based section is anticipated to pick up greatest advertise share with the most noteworthy development rate owing to the expanding selection of cloud advances in businesses. Based on venture sort, the market is examined for large enterprises and small & medium enterprises. Large enterprises were the early adopters of the computer program and are anticipated to pick up maximum income share. Based on application, the market is categorized into arrange administration, computerized change, client fulfillment, business process advancement, reviewing & compliance, and others. Business prepare advancement to pick up maximum share. The software helps in recognizing the quickest way to complete an assignment utilizing automation. Based on end-user, the market is categorized into BFSI, healthcare, retail, fabricating, IT & media transmission, coordination & transportation, and others (energy & utilities and others). The BFSI industry is anticipated to pick up most extreme handle mining computer program market share. The expanding selection of computerization and an endless client base will likely drive the demand for software within the BFSI industry.
Europe handle mining program advertise estimate was esteemed at USD 0.50 billion within the year 2023. The unfathomably developing digital change over businesses is surging the demand for computer program in European nations. Expansive and little businesses in this region are embracing inventive and effective expository procedures to improve business operations. Germany and the U.K. are anticipated to lead the European advertise. The other figure driving the market development within the region is the nearness of noticeable key players.
The worldwide market is comprised of ABBYY Solutions Ltd. (U.S.), Hyland Software, Inc. (U.S.), IBM Corporation (U.S.), UiPath (U.S.), Celonis GmbH (Germany), Fluxicon BV (Netherlands), Fujitsu Ltd. (Japan), Appian Corporation (U.S.), QPR Software Plc (Finland), Software AG (Germany) and other major businesses are centering on amplifying their product offerings. These companies are contributing altogether to progressed innovation integration to make strides program effectiveness and capabilities.
In the month of May 2023, the Pegasystems Inc. propelled an artificial intelligence-based Pega prepare mining framework to offer a bound together arrangement for consistent trade. Its instinctive capabilities back clients and settle issues without hampering trade operations.
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 44.3% from 2024 to 2032
Unit Value (USD billion)
Segmentation By Deployment
Cloud-based
On-premises
By Enterprise Type
Large Enterprises
SMEs
By Application
Order Management
Digital Transformation
Customer Satisfaction
Business Process Improvement
Auditing & Compliance
Others (IT operations)
By End-user
IT & Telecommunication
Healthcare
Retail
BFSI
Manufacturing
Logistics & Transportation
Others (Energy and Utilities, Others)
By Region
North America (Deployment, Enterprise Type, Application, End-user, and Country)
- U.S. (By End-user)
- Canada (By End-user)
- Mexico (By End-user)
South America (Deployment, Enterprise Type, Application, End-user, and Country)
- Brazil (By End-user)
- Argentina (By End-user)
- Rest of South America
Europe (Deployment, Enterprise Type, Application, End-user, and Country)
- U.K. (By End-user)
- Germany (By End-user)
- France (By End-user)
- Italy (By End-user)
- Spain (By End-user)
- Russia (By End-user)
- Benelux (By End-user)
- Nordics (By End-user)
- Rest of Europe
Middle East & Africa (Deployment, Enterprise Type, Application, End-user, and Country)
- Turkey (By End-user)
- Israel (By End-user)
- GCC (By End-user)
- North Africa (By End-user)
- South Africa (By End-user)
- Rest of Middle East & Africa
Asia Pacific (Deployment, Enterprise Type, Application, End-user, and Country)
- Japan (By End-user)
- China (By End-user)
- India (By End-user)
- South Korea (By End-user)
- ASEAN (By End-user)
- Oceania (By End-user)
- Rest of Asia Pacific
Please 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 Process Mining Software Key Players Market Share Insights and Analysis, 2023
- 5. Global Process Mining Software Market Size Estimates and Forecasts, By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Deployment (USD)
- 5.2.1. Cloud-Based
- 5.2.2. On-Premise
- 5.3. By Enterprise Type (USD)
- 5.3.1. Large Enterprises
- 5.3.2. SMEs
- 5.4. By Application (USD)
- 5.4.1. Order Management
- 5.4.2. Digital Transformation
- 5.4.3. Customer Satisfaction
- 5.4.4. Business Process Improvement
- 5.4.5. Auditing & Compliance
- 5.4.6. Others (IT operations, etc.)
- 5.5. By End-user (USD)
- 5.5.1. IT and Telecommunication
- 5.5.2. Healthcare
- 5.5.3. Retail
- 5.5.4. BFSI
- 5.5.5. Manufacturing
- 5.5.6. Logistics and Transportation
- 5.5.7. Others (Energy and Utilities, etc.)
- 5.6. By Region (USD)
- 5.6.1. North America
- 5.6.2. South America
- 5.6.3. Europe
- 5.6.4. Middle East & Africa
- 5.6.5. Asia Pacific
- 6. North America Process Mining Software Market Size Estimates and Forecasts, By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Deployment (USD)
- 6.2.1. Cloud-Based
- 6.2.2. On-Premise
- 6.3. By Enterprise Type (USD)
- 6.3.1. Large Enterprises
- 6.3.2. SMEs
- 6.4. By Application (USD)
- 6.4.1. Order Management
- 6.4.2. Digital Transformation
- 6.4.3. Customer Satisfaction
- 6.4.4. Business Process Improvement
- 6.4.5. Auditing & Compliance
- 6.4.6. Others (IT operations, etc.)
- 6.5. By End-user (USD)
- 6.5.1. IT and Telecommunication
- 6.5.2. Healthcare
- 6.5.3. Retail
- 6.5.4. BFSI
- 6.5.5. Manufacturing
- 6.5.6. Logistics and Transportation
- 6.5.7. Others (Energy and Utilities, etc.)
- 6.6. By Country (USD)
- 6.6.1. United States
- 6.6.1.1. By End-user
- 6.6.2. Canada
- 6.6.2.1. By End-user
- 6.6.3. Mexico
- 6.6.3.1. By End-user
- 7. South America Process Mining Software Market Size Estimates and Forecasts, By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Deployment (USD)
- 7.2.1. Cloud-Based
- 7.2.2. On-Premise
- 7.3. By Enterprise Type (USD)
- 7.3.1. Large Enterprises
- 7.3.2. SMEs
- 7.4. By Application (USD)
- 7.4.1. Order Management
- 7.4.2. Digital Transformation
- 7.4.3. Customer Satisfaction
- 7.4.4. Business Process Improvement
- 7.4.5. Auditing & Compliance
- 7.4.6. Others (IT operations, etc.)
- 7.5. By End-user (USD)
- 7.5.1. IT and Telecommunication
- 7.5.2. Healthcare
- 7.5.3. Retail
- 7.5.4. BFSI
- 7.5.5. Manufacturing
- 7.5.6. Logistics and Transportation
- 7.5.7. Others (Energy and Utilities, etc.)
- 7.6. By Country (USD)
- 7.6.1. Brazil
- 7.6.1.1. By End-user
- 7.6.2. Argentina
- 7.6.2.1. By End-user
- 7.6.3. Rest of South America
- 8. Europe Process Mining Software Market Size Estimates and Forecasts, By Segments, 2019-2032
- 8.1. By Deployment (USD)
- 8.1.1. Cloud-Based
- 8.1.2. On-Premise
- 8.2. By Enterprise Type (USD)
- 8.2.1. Large Enterprises
- 8.2.2. SMEs
- 8.3. By Application (USD)
- 8.3.1. Order Management
- 8.3.2. Digital Transformation
- 8.3.3. Customer Satisfaction
- 8.3.4. Business Process Improvement
- 8.3.5. Auditing & Compliance
- 8.3.6. Others (IT operations, etc.)
- 8.4. By End-user (USD)
- 8.4.1. IT and Telecommunication
- 8.4.2. Healthcare
- 8.4.3. Retail
- 8.4.4. BFSI
- 8.4.5. Manufacturing
- 8.4.6. Logistics and Transportation
- 8.4.7. Others (Energy and Utilities, etc.)
- 8.5. By Country (USD)
- 8.5.1. United Kingdom
- 8.5.1.1. By End-user
- 8.5.2. Germany
- 8.5.2.1. By End-user
- 8.5.3. France
- 8.5.3.1. By End-user
- 8.5.4. Italy
- 8.5.4.1. By End-user
- 8.5.5. Spain
- 8.5.5.1. By End-user
- 8.5.6. Russia
- 8.5.6.1. By End-user
- 8.5.7. Benelux
- 8.5.7.1. By End-user
- 8.5.8. Nordics
- 8.5.8.1. By End-user
- 8.5.9. Rest of Europe
- 9. Middle East & Africa Process Mining Software Market Size Estimates and Forecasts, By Segments, 2019-2032
- 9.1. By Deployment (USD)
- 9.1.1. Cloud-Based
- 9.1.2. On-Premise
- 9.2. By Enterprise Type (USD)
- 9.2.1. Large Enterprises
- 9.2.2. SMEs
- 9.3. By Application (USD)
- 9.3.1. Order Management
- 9.3.2. Digital Transformation
- 9.3.3. Customer Satisfaction
- 9.3.4. Business Process Improvement
- 9.3.5. Auditing & Compliance
- 9.3.6. Others (IT operations, etc.)
- 9.4. By End-user (USD)
- 9.4.1. IT and Telecommunication
- 9.4.2. Healthcare
- 9.4.3. Retail
- 9.4.4. BFSI
- 9.4.5. Manufacturing
- 9.4.6. Logistics and Transportation
- 9.4.7. Others (Energy and Utilities, etc.)
- 9.5. By Country (USD)
- 9.5.1. Turkey
- 9.5.1.1. By End-user
- 9.5.2. Israel
- 9.5.2.1. By End-user
- 9.5.3. GCC
- 9.5.3.1. By End-user
- 9.5.4. North Africa
- 9.5.4.1. By End-user
- 9.5.5. South Africa
- 9.5.5.1. By End-user
- 9.5.6. Rest of MEA
- 10. Asia Pacific Process Mining Software Market Size Estimates and Forecasts, By Segments, 2019-2032
- 10.1. By Deployment (USD)
- 10.1.1. Cloud-Based
- 10.1.2. On-Premise
- 10.2. By Enterprise Type (USD)
- 10.2.1. Large Enterprises
- 10.2.2. SMEs
- 10.3. By Application (USD)
- 10.3.1. Order Management
- 10.3.2. Digital Transformation
- 10.3.3. Customer Satisfaction
- 10.3.4. Business Process Improvement
- 10.3.5. Auditing & Compliance
- 10.3.6. Others (IT operations, etc.)
- 10.4. By End-user (USD)
- 10.4.1. IT and Telecommunication
- 10.4.2. Healthcare
- 10.4.3. Retail
- 10.4.4. BFSI
- 10.4.5. Manufacturing
- 10.4.6. Logistics and Transportation
- 10.4.7. Others (Energy and Utilities, etc.)
- 10.5. By Country (USD)
- 10.5.1. China
- 10.5.1.1. By End-user
- 10.5.2. Japan
- 10.5.2.1. By End-user
- 10.5.3. India
- 10.5.3.1. By End-user
- 10.5.4. South Korea
- 10.5.4.1. By End-user
- 10.5.5. ASEAN
- 10.5.5.1. By End-user
- 10.5.6. Oceania
- 10.5.6.1. By End-user
- 10.5.7. Rest of Asia Pacific
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. UiPath
- 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. Celonis GmbH
- 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. IBM Corporation
- 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. Fluxicon BV
- 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. Fujitsu Ltd.
- 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. Hyland Software, 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. Appian Corporation
- 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. QPR Software Plc
- 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. Software AG
- 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. ABBYY Solutions Ltd.
- 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
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