BPM Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The BPM (business process management) market size is expected to grow from USD 8.8 billion in 2022 to USD 14.4 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period. Business process management is the field where people discover,model,analyze,measure,improve,optimize, and automate business processes using a variety of methods. The combination of methods used to manage a company’s business processes is as follows: Processes can be structured, repeatable, or unstructured variables. Although not mandatory, activation techniques are often used.
Key Players
- Pegasystems (US)
- Appian (US)
- IBM (US)
- Oracle (US)
- Software AG (Germany)
- Nintex (US)
- OpenText (Canada)
- Newgen Software (India)
- Genpact (US)
- TIBCO (US)
- Bizagi (UK)
- ProcessMaker (US)
- Creatio (US)
- AgilePoint (US)
By Type
- Platform
- Services
By Application
- BFSI
- IT
- Telecommunication
- Retail and Consumer Goods
- Healthcare and Life Sciences
Scope of the Report
The research study analyzes the global BPM Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by BPM Market Report
- What was the BPM Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of the BPM Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the BPM Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report will be delivered within 48-72 hours after payment confirmation