Global Market for Business Process Management (BPM)
Dublin, May 24, 2022 (GLOBE NEWSWIRE) -- The "Business Process Management (BPM) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Business Process Management (BPM) Market to Reach $19.2 Billion by 2027
The global market for Business Process Management (BPM) estimated at US$10.5 Billion in the year 2020, is projected to reach a revised size of US$19.2 Billion by 2027, growing at a CAGR of 9.1% over the period 2020-2027.
Cloud, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$14.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premise segment is readjusted to a revised 8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.8 Billion, While China is Forecast to Grow at 12.2% CAGR
The Business Process Management (BPM) market in the U.S. is estimated at US$2.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2027 trailing a CAGR of 12.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 7.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.
What's New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to the publisher's digital archives and Research Platform
Complimentary updates for one year
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
COVID-19 Significantly Tips the Scale in Favor of Business Processes Management
An Introduction to Business Process Management (BPM): Inescapable Buzzword with Intriguing Merits
BPM Systems: Classification
Components of BPM Lifecycle
BPA: A Subset of BPM
BPM: Primary Merits
Business Process Management: Experiencing Evolutionary Tidings with Advances
Global Business Process Management Market to Chart Ambitious Course
BPM: Interesting Market Dynamics
Salient Drivers Giving Special Thrust to Business Process Management Market
Analysis by Component
Analysis by Business Function: Procurement & SCM, the Fastest Growing Segment
Analysis by End-Use: Manufacturing and BFSI Trending End-Use Industry Segments of Global BPM Market
Regional Analysis: Led by US, North America Maintains Authoritative Position in Global BPM Market
Asia-Pacific to Showcase Impressive Growth
Recent Market Activity
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Select Global Brands
2. FOCUS ON SELECT PLAYERSSelect Competitors (Total 320 Featured)
Adobe Systems Inc.
ASG Technologies Group, Inc.
BP Logix, Inc.
HP Development Company, L.P
Nintex UK Ltd
Tibco Software Inc.
3. MARKET TRENDS & DRIVERS
Select Trends Impacting the Business Process Management Market
BPM Playing Key Role in Business Innovation
Business Process Management Software Unleashes Intriguing Value for Businesses
AI Set to Play Central Role in Business Processes Management Advancements
Business Process Management: Crucial Spoke on Digital Transformation Wheel
BPM Fits Perfectly in Digital Transformation Picture
BPM Bears Symbolic Relationship with IT, Automation & Digital Transformation
Amidst Accelerated Digital Transformation, Businesses Turn to BPM to Benefit from the Digitization Trend
Enterprise Focus on Business Continuity & Remote Working Technologies Presents Market Opportunities
IT Spending Levels Impact Growth in the BPM Market
Addition of BPaaS to BPM Model Catalyzing Growth
BPM Brings Change in Banking and Financial Services Sector
BPM to Shape the Capital Markets Industry
Procurement and Supply Chain BPM: Promising Growth in Store
Catalyzed by the Pandemic e-Commerce Flourishes to Fuel Growth for BPM Market
Growing Relevance of Big Data and Analytics in Healthcare BPM
Business Process Management: Key Challenges
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/vdxqx6
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