Business Process Management Market Research Report- Global Forecast 2023

Business Process Management Market Research Report- Global Forecast 2023

ID: MRFR/ICT/2403-HCRR | August, 2018 | Region: Global | 100 pages | Half-Cooked Research Reports

Global Business Process Management Market, By Solution (Process Improvement, Content and Document Management), By Service (Training and Education), By Business Department (Operation and Support, Accounting & Finance) - Forecast 2023

Market Synopsis of Business Process Management Market:
Market Scenario:
Business process management is the process adopted by organization for improving the entire business operations. It empowers organization by managing workflow more efficiently, effectively and make more adaptable to environmental change. It helps organization in achieving specific goals such as increasing productivity of the business, efficient business workflow and return on investment.


The key drivers of business process management market includes cloud solution technology that helps users to gain advantages from BPM solution at low cost. According to the study, by vertical segment BFSI sector is expected to account for highest market share owing to valuable service offered by BPM solution that helps in customer acquisition and retention in banking sector. By organization size segment, small and medium enterprises accounts for largest market share. Increasing IT competition creates opportunity for BPM vendors to develop efficient software that would be beneficial to certain industries, are one of the prime factors driving market growth. The major factors fueling market growth includes cost efficiency, investment returns from BPM software and business coordination and control.


The business process management market is segmented on the basis of solution, service, business department, deployment, organization size and vertical. By solution segment, it includes process improvement, automation, content and document management, integration, monitoring and optimization. Business process automation empower organization by managing the entire business activities efficiently, reducing human error and making it adaptable to environmental change. It helps human resource department by replacing traditional paper driven documents to automated on-boarding activities.


The business process management market is expected to grow at approximately USD 16 Billion by 2023, at 14% of CAGR between 2017 and 2023. 


 


Study Objectives of Business Process Management Market:



  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the business process management market.

  • To provide insights about factors affecting the market growth.

  • To analyze the Business process management market based porter’s five force analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

  • To provide country level analysis of the market with respect to the current market size and future prospective.

  • To provide country level analysis of the market for segment on the basis of software, hardware, service, application, deployment and organization size.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the business process management  



Business Process Management Market
Business Process Management Market


Key Players:

The prominent players in the business process management market are – IBM Corporation (U.S.) Appian Corporation (U.S.), Software AG (Germany), Oracle Corporation (U.S.), Pegasystems Inc. (U.S.), Redhat, Inc. (U.S.), Open Text Corporation (Canada), Tibco Solution Inc. (U.S.), Verisae, Inc. (U.S.), Dell Emc (U.S.), among others.


 


Segments:
Business process management market is segmented on the basis of solution, service, business department, organization size and vertical.



Business Process Management Market by Solution:



  • Process Improvement

  • Automation

  • Content and Document Management

  • Integration

  • Monitoring and Optimization


Business Process Management Market by Service:



  • System Integration

  • Consulting

  • Training and Education


Business Process Management Market by Business Department:



  • Human Resource

  • Accounting and Finance

  • Sales and Marketing

  • Manufacturing

  • Supply Chain Management

  • Operation and Support

  • Others


Business Process Management Market by Organization Size:



  • Small & Medium Enterprises

  • Large Enterprises


Business Process Management Market by Deployment:



  • Cloud

  • On-Premise


Business Process Management Market by Vertical:



  • Government & Defence

  • BFSI

  • IT & Telecommunication

  • Healthcare

  • Retail

  • Manufacturing

  • Others



Regional Analysis:
The regional analysis of business process management market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. The increasing demand for efficient software for business operation and presence of major BPM vendors is driving the market growth in North America region. Countries such as US and Canada contributes large amount of revenue in the business process management market in the region. AsiaPacific region is expected to be one of the prominent player in the market owing to huge investment by enterprises in increasing the business efficiency and productivity.


     


Intended Audience



  • Investors and consultants

  • System Integrators

  • Government Organizations

  • Research/Consultancy firms

  • Technology solution providers

  • IT Solution Providers

TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE

2 RESEARCH METHODOLOGY

2.1 RESEARCH TYPE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION

3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS

4 EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 BUSINESS PROCESS MANAGEMENT MARKET, BY SEGMENTS

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY SOLUTION

6.2.1.1 PROCESS IMPROVEMENT

6.2.1.2 AUTOMATION

6.2.1.3 CONTENT AND DOCUMENT MANAGEMENT

6.2.1.4 INTEGRATION

6.2.1.5 MONITORING AND OPTIMIZATION

6.2.2 BY SERVICE

6.2.2.1 SYSTEM INTEGRATION

6.2.2.2 CONSULTING

6.2.2.3 TRAINING AND EDUCATION

6.2.3 BY BUSINESS DEPARTMENT

6.2.3.1 HUMAN RESOURCE

6.2.3.2 ACCOUNTING AND FINANCE

6.2.3.3 SALES & MARKETING

6.2.3.4 MANUFACTURING

6.2.3.5 SUPPLY CHAIN MANAGEMENT

6.2.3.6 OPERATION AND SUPPORT

6.2.3.7 OTHERS

6.2.4 BY ORGANIZATION SIZE

6.2.4.1 SMALL & MEDIUM ENTERPRISES

6.2.4.2 LARGE ENTERPRISES

6.2.5 BY DEPLOYMENT

6.2.5.1 CLOUD

6.2.5.2 ON-PREMISE

6.2.6 BY VERTICAL

6.2.6.1 BFSI

6.2.6.2 GOVERNEMNT & DEFENSE

6.2.6.3 IT & TELECOMMUNICATION

6.2.6.4 HEALTHCARE

6.2.6.5 RETAIL

6.2.6.6 MANUFACTURING

6.2.6.7 OTHERS

6.2.7 BY GEORGAPHY

6.2.7.1 NORTH AMERICA

6.2.7.2 EUROPE

6.2.7.3 ASIA-PACIFIC

6.2.7.4 REST OF THE WORLD

7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 IBM CORPORATION (U.S.)

7.2.2 APPIAN CORPORATION (U.S.)

7.2.3 SOFTWARE AG (GERMANY)

7.2.4 ORACLE CORPORATION (U.S.)

7.2.5 PEGASYSTEMS INC. (U.S.)

7.2.6 REDHAT, INC. (U.S.)

7.2.7 OPEN TEXT CORPORATION (CANADA)

7.2.8 TIBCO SOLUTIONINC. (U.S.)

7.2.9 VERISAE, INC. (U.S.)

7.2.10 DELL EMC (U.S.)

7.2.11 OTHERS





LIST OF TABLES

TABLE 1 BUSINESS PROCESS MANAGEMENT MARKET, BY SOLUTION

TABLE 2 BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE

TABLE 3 BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT

TABLE 4 BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE

TABLE 5 BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT

TABLE 6 BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL

TABLE 7 BUSINESS PROCESS MANAGEMENT MARKET, BY REGION

TABLE 8 NORTH AMERICA BUSINESS PROCESS MANAGEMENT MARKET, BY SOLUTION

TABLE 9 NORTH AMERICA BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE

TABLE 10 NORTH AMERICA BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT

TABLE 11 NORTH AMERICA BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE

TABLE 12 NORTH AMERICA BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT

TABLE 13 NORTH AMERICA BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL

TABLE 14 U.S. BUSINESS PROCESS MANAGEMENT MARKET, BY SOFTWARE

TABLE 15 U.S. BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE

TABLE 16 U.S. BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT

TABLE 17 U.S. BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE

TABLE 18 U.S. BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT

TABLE 19 U.S. BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL

TABLE 20 CANADA BUSINESS PROCESS MANAGEMENT MARKET, BY SOLUTION

TABLE 21 CANADA BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE

TABLE 22 CANADA BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT

TABLE 23 CANADA BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE

TABLE 24 CANADA BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT

TABLE 25 CANADA BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL

TABLE 26 EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY SOLUTION

TABLE 27 EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE

TABLE 28 EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT

TABLE 29 EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE

TABLE 30 EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT

TABLE 31 EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL

TABLE 32 GERMANY BUSINESS PROCESS MANAGEMENT MARKET, BY SOFTWARE

TABLE 33 GERMANY BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE

TABLE 34 GERMANY BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT

TABLE 35 GERMANY BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE

TABLE 35 GERMANY BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT

TABLE 35 GERMANY BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL

TABLE 36 FRANCE BUSINESS PROCESS MANAGEMENT MARKET, BY SOLUTION

TABLE 37 FRANCE BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE

TABLE 38 FRANCE BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT

TABLE 39 FRANCE BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE

TABLE 40 FRANCE BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT

TABLE 41 FRANCE BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL

TABLE 42 U.K. BUSINESS PROCESS MANAGEMENT MARKET, BY SOLUTION

TABLE 43 U.K. BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE

TABLE 44 U.K. BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT

TABLE 45 U.K. BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE

TABLE 46 U.K. BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT

TABLE 47 U.K. BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL

TABLE 48 REST OF EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY SOLUTION

TABLE 49 REST OF EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE

TABLE 50 REST OF EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT

TABLE 51 REST OF EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE

TABLE 52 REST OF EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT

TABLE 53 REST OF EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL

TABLE 54 ASIA-PACIFIC BUSINESS PROCESS MANAGEMENT MARKET, BY SOLUTION

TABLE 55 ASIA-PACIFIC BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE

TABLE 56 ASIA-PACIFIC BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT

TABLE 57 ASIA-PACIFIC BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE

TABLE 58 ASIA-PACIFIC BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT

TABLE 59 ASIA-PACIFIC BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL

TABLE 60 ROW BUSINESS PROCESS MANAGEMENT MARKET, BY SOLUTION

TABLE 61 ROW BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE

TABLE 62 ROW BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT

TABLE 63 ROW BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE

TABLE 64 ROW BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT

TABLE 65 ROW BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL







LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 BUSINESS PROCESS MANAGEMENT MARKET: BY SOLUTION (%)

FIGURE 3 BUSINESS PROCESS MANAGEMENT MARKET: BY SERVICE (%)

FIGURE 4 BUSINESS PROCESS MANAGEMENT MARKET: BY BUSINESS DEPARTMENT (%)

FIGURE 5 BUSINESS PROCESS MANAGEMENT MARKET: BY ORGANIZATION SIZE (%)

FIGURE 6 BUSINESS PROCESS MANAGEMENT MARKET: BY DEPLOYMENT (%)

FIGURE 7 BUSINESS PROCESS MANAGEMENT MARKET: BY VERTICAL (%)

FIGURE 8 BUSINESS PROCESS MANAGEMENT MARKET: BY REGION (%)

FIGURE 9 NORTH AMERICA BUSINESS PROCESS MANAGEMENT MARKET, BY SOLUTION (%)

FIGURE 10 NORTH AMERICA BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE (%)

FIGURE 11 NORTH AMERICA BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT (%)

FIGURE 12 NORTH AMERICA BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE (%)

FIGURE 13 NORTH AMERICA BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT (%)

FIGURE 14 NORTH AMERICA BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL (%)

FIGURE 15 EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY SOLUTION (%)

FIGURE 16 EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY SERVICE (%)

FIGURE 17 EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS DEPARTMENT (%)

FIGURE 18 EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE (%)

FIGURE 19 EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT (%)

FIGURE 20 EUROPE BUSINESS PROCESS MANAGEMENT MARKET, BY VERTICAL (%)

FIGURE 21 ASIA-PACIFIC BUSINESS PROCESS MANAGEMENT MARKET, BY SOLUTION (%)

FIGURE 22 ASIA-PACIFIC SMART EDUCATION AND LEARNINGMARKET, BY SERVICE (%)

FIGURE 23 ASIA-PACIFIC SMART EDUCATION AND LEARNINGMARKET, BY BUSINESS DEPARTMENT (%)

FIGURE 24 ASIA-PACIFIC SMART EDUCATION AND LEARNINGMARKET, BY ORGANIZATION SIZE (%)

FIGURE 25 ASIA-PACIFIC SMART EDUCATION AND LEARNINGMARKET, BY DEPLOYMENT (%)

FIGURE 26 ASIA-PACIFIC SMART EDUCATION AND LEARNINGMARKET, BY VERTICAL (%)

FIGURE 27 ROW SMART EDUCATION AND LEARNINGMARKET, BY SOLUTION (%)

FIGURE 28 ROW SMART EDUCATION AND LEARNINGMARKET, BY SERVICE (%)

FIGURE 29 ROW SMART EDUCATION AND LEARNINGMARKET, BY BUSINESS DEPARTMENT (%)

FIGURE 30 ROW SMART EDUCATION AND LEARNINGMARKET, BY ORGANIZATION SIZE (%)

FIGURE 31 ROW SMART EDUCATION AND LEARNINGMARKET, BY DEPLOYMENT (%)

FIGURE 32 ROW SMART EDUCATION AND LEARNINGMARKET, BY VERTICAL (%)