PUBLISHER: Value Market Research | PRODUCT CODE: 1542611
PUBLISHER: Value Market Research | PRODUCT CODE: 1542611
The global demand for Business Process Management Market is presumed to reach the market size of nearly USD 131.73 Billion by 2032 from USD 24.55 Billion in 2023 with a CAGR of 20.52% under the study period 2024-2032.
Business process management (BPM) is an end-to-end business solution that involves various methods to discover, manage, analyze, improve and automate business process. The primary motive of BPM is to improve business performance. It is used to increase efficiency of the existing or newly formed business.
The market is witnessing fast paced growth owing to rising automation activities in business to increase revenue and outcome. Rise in business organization has generated demand for proper business process management. Also, growing need of cost efficiency, better risk management leading to high productivity is fueling the market growth. Increasing demand for appropriate BPM in BFSI, IT, telecom, manufacturing and others is further boosting the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Business Process Management. The growth and trends of Business Process Management industry provide a holistic approach to this study.
This section of the Business Process Management market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Business Process Management market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Business Process Management market include Accenture, Appian Corporation, BP Logix Inc., Genpact, Infosys Limited, International Business Machines Corporation, Kissflow Inc., Nintex Global Ltd., Open Text Corporation, Pegasystems Inc., Red Hat Inc., SAP SE, Software AG, Tata Consultancy Services Limited. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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