Business Process Management (BPM) Market: Global Industry is expected to grow at a CAGR of 18.4% Forecast to 2022

The Global Business Process Management (BPM) market is accounted for $5.51 billion in 2015 and is expected to reach $17.96 billion by 2022 growing at a CAGR of 18.4%. The factors that are fueling the market growth include increasing business dexterity, cost efficiency and return on investment from BPM suites. Whereas factors such as impedance to BPM solutions from IT staff, delusion about BPM solutions among end-users and perception of BPM as an IT matter are hindering the market growth.

Some of the key players of the Business Process Management (BPM) market include:

Oracle Corporation, Microsoft Biz Talk Server, IBM Corporation, Software AG, Fujitsu, Capgemini, Global 360, Opentext, Inc., Appian Corporation, Adobe, BP Logix, Inc., SAP, Pegasystems, Inc., Fabasoft, Hewlett Packard, Red Hat, Inc. and Tibco Software.

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North America is estimated to be the largest market, followed by Europe and Asia Pacific. The US is undeniably the world’s biggest market for BPM. Until 2010 North America accounted for more than half of the global BPM market by revenue. The top 3 BPM software vendors, Pega, IBM and Oracle, are headquartered in the United States. With a suite of products that perk up every year, IBM is the global leader in the business process management market. Organizations are starting their digital transformation, which means a shift towards using an intelligent business process management suite (iBPMS) by rethinking their business models and processes to tackle customer expectations.

Furthermore, consumption market share for each application is offered in the research for 2017 in a tabular format. Regional analysis is discussed in terms of current market status and growth prospects for the period, 2012–2023. Geographies analyzed in the study are North America, Europe, Asia Pacific, South America and Middle East & Africa. Statistics on revenue and growth rate for each region are mentioned with the help of figures for the historic period and the forecast period.

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Organization Size Covered:

• Small and Medium Enterprises (SMES)
• Large Enterprise

Deployment Types Covered:

• Cloud
• On-Premises

Solutions Covered:

• Automation
• Content and Document Management
• Integration
• Monitoring and Optimization
• Process Modelling
• Other Solutions

Services Covered:

• System Integration
• Training and Education

Business Functions Covered:

• Accounting and Finance
• Human Resources
• Manufacturing
• Operations and Support
• Sales and Marketing
• Supply Chain Management
• Other Business Functions

Verticals Covered:

• Defense and Government
• Banking, Financial Services, and Insurance (BFSI)
• IT and Telecom
• Healthcare
• Retail
• Manufacturing
• Transportation and Logistics
• Automotive
• Other Verticals

Table of Contents

1 Executive Summary         

2 Preface           

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Business Process Management (BPM) Market, By Organization Size

6 Global Business Process Management (BPM) Market, By Deployment Type

7 Global Business Process Management (BPM) Market, By Solution

8 Global Business Process Management (BPM) Market, By Service

9 Global Business Process Management (BPM) Market, By Business Function

10 Global Business Process Management (BPM) Market, By Vertical

11 Global Business Process Management (BPM) Market, By Geography

12 Key Developments    

13 Company Profiling    

13.1 Oracle Corporation

13.2 Microsoft Biz Talk Server

13.3 IBM Corporation

13.4 Software AG

13.5 Fujitsu

13.6 Capgemini

13.7 Global 360

13.8 Opentext, Inc.

13.9 Appian Corporation

13.10 Adobe

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