Global Business Process Management (BPM) Market Report 2022: Market to Reach $19.2 Billion by 2027 - Catalyzed by the Pandemic e-Commerce Flourishes to Fuel Growth for BPM Market

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Global Market for Business Process Management (BPM)

Global Market for Business Process Management (BPM)
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:

I. METHODOLOGY

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

  • Competitive Scenario

  • 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.

  • Appian Corporation

  • ASG Technologies Group, Inc.

  • BP Logix, Inc.

  • Comindware Inc.

  • Fabasoft AG

  • Fujitsu Limited

  • HP Development Company, L.P

  • Hitachi, Ltd.

  • IBM Corporation

  • Kissflow Inc.

  • Microsoft Corporation

  • Nintex UK Ltd

  • OpenText Corporation

  • Oracle Corporation

  • Pegasystems Inc.

  • SAP SE

  • Signavio GmbH

  • Software AG

  • Tibco Software Inc.

  • Ultimus 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

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/vdxqx6

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