Business Process Management Market - Global Industry Analysis

Business Process Management Market By Department (Manufacturing, Operation and Support, Human Resources, Sales and Marketing, Supply Chain Management, Accounting and Finance, and Others), By IT Service (Consulting, System Integration, and Training and Education), By Solution (Integration, Process Improvement, Monitoring and Optimization, Automation, and Content and Document Management), and By Deployment Type (Healthcare, Manufacturing, BFSI, Retail, IT & Telecom, Government & Defense, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 25-Feb-2021 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-1137 Status : Published

The business process management market is set for rapid growth over the forecast period. In terms of revenue, the global business process management market accounted for USD 3,400 Million in 2019 and is expected to reach USD 5,300 Million by 2026, growing at a CAGR of 6.6%.

Description

The business process management market is set for rapid growth over the forecast period. In terms of revenue, the global business process management market accounted for USD 3,400 Million in 2019 and is expected to reach USD 5,300 Million by 2026, growing at a CAGR of 6.6%.

Global Business Process Management Market: Overview

Business solution approach that consists of a set of workflows is known as business process management (BPM). This software helps businesses to execute, model, monitor, implement and optimize their processes. Owing to the capability of the BPM software to connect people across various applications, this software is widely preferred. Business process management software provides the automated process and is a key factor for the success of any company. It is the strategic business solution that may offer new market opportunities. These business processes are series of value-added activities collaborated to achieve a common goal. It helps to enhance the productivity of the company. A wide range of business processes are available and utilized by different business domains. They are adopted for the service-oriented architecture (SOA) process management, connection, and integration. Some manufacturing business domains need very consistent outcomes; hence, they focus on strictly controlled processes.

Global Business Process Management Market

Global Business Process Management Market: Growth Factors

In the rapidly changing business, the fact that achieving improved risk management, higher productivity, and better cost control to deal with the competitive pressure is of great importance; this is anticipated to boost the global business process management market growth in the future. It is designed to offer improvement and operational business excellence. It assists to reduce defects, expenses associated with running expenses, and eliminating unclear data. It also minimizes the risk of identifying issues and timely intervenes to avoid moderate risks; all these factors are anticipated to contribute to the growth of the global market in the future. Business process management improves the efficiency of the cornerstone metric of the business process. It enhances operational efficiency and hence productivity and lower cost advantages are provided.

Global Business Process Management Market: Segmentation

The global business process management market is categorized on the basis of the department as manufacturing, operation and support, human resource, sales and marketing, supply chain management, accounting and finance, and others. Based on IT service, the global market is classified as consulting, system integration, and training and education. Moreover, the global business process management market is fragmented on the basis of the solution as integration, process improvement, monitoring and optimization, automation, and content and document management. Furthermore, based on the deployment type, the global market is segmented as healthcare, manufacturing, BFSI, retail, IT & telecom, government & defense, and others.

Global Business Process Management Market: Regional Analysis

North America accounted for the largest market chunk owing to continuously changing regulations in the healthcare sector. This led to changes in financial transactions and documentation carried out in hospitals and pharmacies. All these factors contributed to the growth of this region.

Global Business Process Management Market: Competitive Players

Some of the key players in the business process management market are Pegasystems, Inc, Adobe, Appian Corp, IBM Corp,  Hewlett-Packard, and Microsoft Corp, Global 360, TIBCO Software,  Ultimus, EMC Corp, Oracle Corp,  Fujitsu, webMethods, SAP SE, and BizFlow Corp among others. 

Global Business Process Management Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.1.Report Scope
  • Chapter 2.Research Methodulogy
    • 2.1.Research Methodulogy
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Business Process Management Market, 2016 – 2026 (USD Million)
    • 3.2.Global Business Process Management Market: Snapshot
  • Chapter 4.Business Process Management Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.Driving Factor 1 Analysis
      • 4.2.2.Driving Factor 2 Analysis:
    • 4.3.Market Restraints
      • 4.3.1.Restraining Factor Analysis
    • 4.4.Market Opportunities
      • 4.4.1.Market Opportunity & Use-case Anaysis
      • 4.4.2.Use – Cases for Business Process Management
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technulogy Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Business Process Management Market Attractiveness, By Department
    • 5.2.Global Business Process Management Market Attractiveness, By IT Service
    • 5.3.Global Business Process Management Market Attractiveness, By Sulution
    • 5.4.Global Business Process Management Market Attractiveness, By Deployment Type
    • 5.5.Global Business Process Management Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Business Process Management Market: Company Market Share, 2019
    • 6.2.Strategic Developments
    • 7.1.Global Business Process Management Market Overview: by Department
      • 7.1.1.Global Business Process Management Market Revenue Share, by Department, 2019 & 2026
    • 7.2.Global Business Process Management Market Analysis/Overview – By Department
      • 7.2.1.Manufacturing – Overview/Analysis
      • 7.2.2.Operation and Support – Overview/Analysis
      • 7.2.3.Human Resources – Overview/Analysis
      • 7.2.4.Sales and Marketing – Overview/Analysis
      • 7.2.5.Supply Chain Management – Overview/Analysis
      • 7.2.6.Accounting and Finance – Overview/Analysis
      • 7.2.7.Others – Overview/Analysis
    • 7.3.Manufacturing
      • 7.3.1.Global Business Process Management Market for Manufacturing, Revenue (USD Million) 2016 - 2026
    • 7.4.Operation and Support
      • 7.4.1.Global Business Process Management Market for Operation and Support, Revenue (USD Million) 2016 - 2026
    • 7.5.Human Resources
      • 7.5.1.Global Business Process Management Market for Human Resources, Revenue (USD Million) 2016 - 2026
    • 7.6.Sales and Marketing
      • 7.6.1.Global Business Process Management Market for Sales and Marketing, Revenue (USD Million) 2016 - 2026
    • 7.7.Supply Chain Management
      • 7.7.1.Global Business Process Management Market for Supply Chain Management, Revenue (USD Million) 2016 - 2026
    • 7.8.Accounting and Finance
      • 7.8.1.Global Business Process Management Market for Accounting and Finance, Revenue (USD Million) 2016 - 2026
    • 7.9.Others
      • 7.9.1.Global Business Process Management Market for Others, Revenue (USD Million) 2016 - 2026
    • 8.1.Global Business Process Management Market Overview: by IT Service
      • 8.1.1.Global Business Process Management Market Revenue Share, by IT Service, 2019 & 2026
    • 8.2.Global Business Process Management Market Analysis/Overview – By IT Service
      • 8.2.1.Consulting – Overview/Analysis
      • 8.2.2.System Integration – Overview/Analysis
      • 8.2.3.Training and Education – Overview/Analysis
    • 8.3.Consulting
      • 8.3.1.Global Business Process Management Market for Consulting, Revenue (USD Million) 2016 - 2026
    • 8.4.System Integration
      • 8.4.1.Global Business Process Management Market for System Integration, Revenue (USD Million) 2016 - 2026
    • 8.5.Training and Education
      • 8.5.1.Global Business Process Management Market for Training and Education, Revenue (USD Million) 2016 - 2026
    • 9.1.Global Business Process Management Market Overview: by Sulution
      • 9.1.1.Global Business Process Management Market Revenue Share, by Sulution, 2019 & 2026
    • 9.2.Global Business Process Management Market Analysis/Overview – By Sulution
      • 9.2.1.Integration – Overview/Analysis
      • 9.2.2.Process Improvement – Overview/Analysis
      • 9.2.3.Monitoring and Optimization – Overview/Analysis
      • 9.2.4.Automation – Overview/Analysis
      • 9.2.5.Content and Document Management – Overview/Analysis
    • 9.3.Integration
      • 9.3.1.Global Business Process Management Market for Integration, Revenue (USD Million) 2016 - 2026
    • 9.4.Process Improvement
      • 9.4.1.Global Business Process Management Market for Process Improvement, Revenue (USD Million) 2016 - 2026
    • 9.5.Monitoring and Optimization
      • 9.5.1.Global Business Process Management Market for Monitoring and Optimization, Revenue (USD Million) 2016 - 2026
    • 9.6.Automation
      • 9.6.1.Global Business Process Management Market for Automation, Revenue (USD Million) 2016 - 2026
    • 9.7.Content and Document Management
      • 9.7.1.Global Business Process Management Market for Content and Document Management, Revenue (USD Million) 2016 - 2026
    • 10.1.Global Business Process Management Market Overview: by Deployment Type
      • 10.1.1.Global Business Process Management Market Revenue Share, by Deployment Type, 2019 & 2026
    • 10.2.Global Business Process Management Market Analysis/Overview – By Deployment Type
      • 10.2.1.Healthcare – Overview/Analysis
      • 10.2.2.Manufacturing – Overview/Analysis
      • 10.2.3.BFSI – Overview/Analysis
      • 10.2.4.Retail – Overview/Analysis
      • 10.2.5.IT & Telecom – Overview/Analysis
      • 10.2.6.Government & Defense – Overview/Analysis
      • 10.2.7.Others – Overview/Analysis
    • 10.3.Healthcare
      • 10.3.1.Global Business Process Management Market for Healthcare, Revenue (USD Million) 2016 - 2026
    • 10.4.Manufacturing
      • 10.4.1.Global Business Process Management Market for Manufacturing, Revenue (USD Million) 2016 - 2026
    • 10.5.BFSI
      • 10.5.1.Global Business Process Management Market for BFSI, Revenue (USD Million) 2016 - 2026
    • 10.6.Retail
      • 10.6.1.Global Business Process Management Market for Retail, Revenue (USD Million) 2016 - 2026
    • 10.7.IT & Telecom
      • 10.7.1.Global Business Process Management Market for IT & Telecom, Revenue (USD Million) 2016 - 2026
    • 10.8.Government & Defense
      • 10.8.1.Global Business Process Management Market for Government & Defense, Revenue (USD Million) 2016 - 2026
    • 10.9.Others
      • 10.9.1.Global Business Process Management Market for Others, Revenue (USD Million) 2016 - 2026
  • Chapter 11.Business Process Management Market – Regional Analysis
    • 11.1.Global Business Process Management Market: Regional Overview
      • 11.1.1.Global Business Process Management Market Revenue Share, by Region, 2019 & 2026
      • 11.1.2.Global Business Process Management Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 11.2.North America
      • 11.2.1.North America Business Process Management Market Revenue, 2016 - 2026 (USD Million)
      • 11.2.2.North America Business Process Management Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 11.2.3.North America Business Process Management Market Revenue, by Department, 2016 – 2026
      • 11.2.4.North America Business Process Management Market Revenue, by IT Service, 2016 – 2026
      • 11.2.5.North America Business Process Management Market Revenue, by Sulution, 2016 – 2026
      • 11.2.6.North America Business Process Management Market Revenue, by Deployment Type, 2016 – 2026
      • 11.2.7. U.S.
      • 11.2.8.Canada
    • 11.3.Europe
      • 11.3.1.Europe Business Process Management Market Revenue, 2016 - 2026 (USD Million)
      • 11.3.2.Europe Business Process Management Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 11.3.3.Europe Business Process Management Market Revenue, by Department, 2016 – 2026
      • 11.3.4.Europe Business Process Management Market Revenue, by IT Service, 2016 – 2026
      • 11.3.5.Europe Business Process Management Market Revenue, by Sulution, 2016 – 2026
      • 11.3.6.Europe Business Process Management Market Revenue, by Deployment Type, 2016 – 2026
      • 11.3.7.Germany
      • 11.3.8.France
      • 11.3.9. U.K.
      • 11.3.10.Italy
      • 11.3.11.Spain
      • 11.3.12.Rest of Europe
    • 11.4.Asia Pacific
      • 11.4.1.Asia Pacific Business Process Management Market Revenue, 2016 - 2026 (USD Million)
      • 11.4.2.Asia Pacific Business Process Management Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 11.4.3.Asia Pacific Business Process Management Market Revenue, by Department, 2016 – 2026
      • 11.4.4.Asia Pacific Business Process Management Market Revenue, by IT Service, 2016 – 2026
      • 11.4.5.Asia Pacific Business Process Management Market Revenue, by Sulution, 2016 – 2026
      • 11.4.6.Asia Pacific Business Process Management Market Revenue, by Deployment Type, 2016 – 2026
      • 11.4.7.China
      • 11.4.8.Japan
      • 11.4.9.India
      • 11.4.10.South Korea
      • 11.4.11.South-East Asia
      • 11.4.12.Rest of Asia Pacific
    • 11.5.Latin America
      • 11.5.1.Latin America Business Process Management Market Revenue, 2016 - 2026 (USD Million)
      • 11.5.2.Latin America Business Process Management Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 11.5.3.Latin America Business Process Management Market Revenue, by Department, 2016 – 2026
      • 11.5.4.Latin America Business Process Management Market Revenue, by IT Service, 2016 – 2026
      • 11.5.5.Latin America Business Process Management Market Revenue, by Sulution, 2016 – 2026
      • 11.5.6.Latin America Business Process Management Market Revenue, by Deployment Type, 2016 – 2026
      • 11.5.7.Brazil
      • 11.5.8.Mexico
      • 11.5.9.Rest of Latin America
    • 11.6.The Middle-East and Africa
      • 11.6.1.The Middle-East and Africa Business Process Management Market Revenue, 2016 - 2026 (USD Million)
      • 11.6.2.The Middle-East and Africa Business Process Management Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 11.6.3.The Middle-East and Africa Business Process Management Market Revenue, by Department, 2016 – 2026
      • 11.6.4.The Middle-East and Africa Business Process Management Market Revenue, by IT Service, 2016 – 2026
      • 11.6.5.The Middle-East and Africa Business Process Management Market Revenue, by Sulution, 2016 – 2026
      • 11.6.6.The Middle-East and Africa Business Process Management Market Revenue, by Deployment Type, 2016 – 2026
      • 11.6.7.GCC Countries
      • 11.6.8.South Africa
      • 11.6.9.Rest of Middle-East Africa
  • Chapter 12.Company Profiles
    • 12.1.Pegasystems, Inc
      • 12.1.1.Company Overview
      • 12.1.2.Financial Overview
      • 12.1.3.Product Portfulio
      • 12.1.4.Business Strategy
      • 12.1.5.Recent Developments
    • 12.2.IBM Corp
    • 12.3.Adobe
    • 12.4.TIBCO Software
    • 12.5.Appian Corp
    • 12.6.Hewlett-Packard
    • 12.7.Microsoft Corp
    • 12.8.Global 360
    • 12.9.Ultimus
    • 12.1.Oracle Corp
    • 12.11.EMC Corp
    • 12.12.Fujitsu
    • 12.13.webMethods
    • 12.14.SAP SE
    • 12.15.BizFlow Corp
    • 12.16.Others

Methodology


Frequently Asked Questions

The fact that achieving improved risk management, higher productivity, and better cost control to deal with the competitive pressure is of great importance; this is anticipated to boost the global business process management market growth in the future. It is designed to offer improvement and operational business excellence. It assists to reduce defects, expenses associated with running expenses, and eliminating unclear data. It also minimizes the risk of identifying issues and timely intervenes to avoid moderate risks; all these factors are anticipated to contribute to the growth of the global market in the future.

According to Zion Market Research, the business process management market is expected to generate revenue of around USD 5,300 Million by end of 2026, growing at a CAGR of around 6.6% between 2020 and 2026.

North America accounted for the largest market chunk owing to continuously changing regulations in the healthcare sector. This led to changes in financial transactions and documentation carried out in hospitals and pharmacies. All these factors contributed to the growth of this region.

Some of the key players in the business process management market are Pegasystems, Inc, IBM Corp, Adobe, TIBCO Software, Appian Corp, Hewlett-Packard, and Microsoft Corp, Global 360, Ultimus, Oracle Corp, EMC Corp, Fujitsu, webMethods, SAP SE, and BizFlow Corp among others.

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