New York, NY -- (SBWire) -- 01/29/2021 --The business process management market size is expected to grow from USD 10.8 billion in 2020 to USD 16.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.3%.
The latest market research report, titled 'Global Business Process Management (BPM) Market,' methodically compiles the principal components of the global Business Process Management (BPM) market research study. The report is intended to help readers make an accurate assessment of the present and future Business Process Management (BPM) market scenarios.
The BPM software centralizes the geographically dispersed resources and increases the efficiency of an organization. The cloud computing technology authorize consumers to reap benefits associated with Business Process Management solutions at a minimal cost. A major technological development in this industry is the gradual shift from linear management to holistic management and control. The global Business Process Management (BPM) industry is poised to witness substantial growth during the projected timeframe, demonstrating a robust CAGR.
There are two categories under which the BPM solutions divided - integration-centric and human-centric solutions. The integration-centric solutions provide methodology improvements involving a high degree of interactions between applications and are used to automate system-intensive processes. The second solutions focus on people-intensive, document-intensive, and decision-intensive processes.
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Competitive Landscape
The report presents business mechanism and growth-oriented approaches undertaken by the leading companies operating in this Business Process Management (BPM) market. The report highlights the numerous strategic initiatives, such as new business deals and collaborations, mergers & acquisitions, joint ventures, product launches, and technological upgradation, implemented by the leading market contenders to set a firm foot in the market. Hence, this section is inclusive of the company profiles of the key players, total revenue accumulation, product sales, profit margins, product pricing, sales & distribution channels, and industry analysis.
Business Process Management (BPM) Market segmentation by Top Manufacturers:
Pegasystems (US), Appian (US), IBM (US), Oracle (US), Software AG (Germany), Nintex (US), OpenText (Canada), Newgen Software (India), Genpact (US), TIBCO (US) and others.
Based on component, the BPM market has the following segments:
Platform
Services
Based on business function, the Business Process Management Market has the following segments:
Human Resource Management (HRM)
Procurement and Supply Chain Management (SCM)
Sales and Marketing
Accounting and Finance
Customer Service Support
Others (Operations Management, Legal, and R&D)
Based on industry, the BPM market has the following segments:
BFSI
IT
Telecommunication
Retail and Consumer Goods
Healthcare and Life Sciences
Others (Transportation and Logistics, Government, and Media and Entertainment)
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Business Process Management (BPM) Market Geographical Analysis:
The latest business intelligence report analyzes the global Business Process Management (BPM) market in terms of market reach and consumer bases in the market's key geographical regions. The global Business Process Management (BPM) market can be categorized into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa based on geography. This section of the report precisely evaluates the presence of the global Business Process Management (BPM) market in the major regions. It determines the market share, market size, revenue contribution, sales network, and distribution channels of each regional segment.
Key Points of the Geographical Analysis:
Data and information related to the consumption rate in each region
Estimated increase in the consumption rate
Proposed growth of the market share of each region
Geographical contribution to market revenue
Expected growth rate of the regional markets
Key Highlights of the Global Business Process Management (BPM) Market Report:
Location Quotients Analysis
Raw Material Sourcing Strategy
Product Mix Matrix
Supply chain optimization analysis
Patent Analysis
R&D Analysis
Carbon Footprint Analysis
Pre-commodity pricing volatility
Cost-Benefit Analysis
Regional demand estimation and forecast
Competitive Analysis
Vendor Management
Mergers & Acquisitions
Technological advancements
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TABLE OF CONTENTS: Global Business Process Management (BPM) Market
Chapter 1. Business Process Management (BPM) MARKET SYNOPSIS
1.1. Business Process Management (BPM) Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Business Process Management (BPM) Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 – 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. Business Process Management (BPM) MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. Business Process Management (BPM) Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Continued....
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Business Process Management (BPM) Market Trend, Forecast, Drivers, Restraints, Company Profiles and Key Players Analysis by 2027
This report provides detailed historical analysis of global market for Business Process Management (BPM) Market from 2014-2019, and provides extensive market forecasts from 2020-2027 by region/country and subsectors.