Global Business Process Management (BPM) Market Trajectory & Analytics, 2022-2027: AI Set to Play Central Role in Business Processes Management Advancements - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Business Process Management (BPM) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Business Process Management (BPM) Market to Reach $19.2 Billion by 2027

The global market for Business Process Management (BPM) estimated at US$10.5 Billion in the year 2020, is projected to reach a revised size of US$19.2 Billion by 2027, growing at a CAGR of 9.1% over the period 2020-2027.

Cloud, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$14.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premise segment is readjusted to a revised 8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.8 Billion, While China is Forecast to Grow at 12.2% CAGR

The Business Process Management (BPM) market in the U.S. is estimated at US$2.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2027 trailing a CAGR of 12.1% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 7.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to the publisher's digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• COVID-19 Significantly Tips the Scale in Favor of Business Processes Management
• An Introduction to Business Process Management (BPM): Inescapable Buzzword with Intriguing Merits
• BPM Systems: Classification
• Components of BPM Lifecycle
• BPA: A Subset of BPM
• BPM: Primary Merits
• Business Process Management: Experiencing Evolutionary Tidings with Advances
• Global Business Process Management Market to Chart Ambitious Course
• BPM: Interesting Market Dynamics
• Salient Drivers Giving Special Thrust to Business Process Management Market
• Analysis by Component
• Analysis by Business Function: Procurement & SCM, the Fastest Growing Segment
• Analysis by End-Use: Manufacturing and BFSI Trending End-Use Industry Segments of Global BPM Market
• Regional Analysis: Led by US, North America Maintains Authoritative Position in Global BPM Market
• Asia-Pacific to Showcase Impressive Growth
• Competitive Scenario
• Recent Market Activity
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Select Global Brands

2. FOCUS ON SELECT PLAYERS Select Competitors (Total 320 Featured)

• Adobe Systems Inc.
• Appian Corporation
• ASG Technologies Group, Inc.
• BP Logix, Inc.
• Comindware Inc.
• Fabasoft AG
• Fujitsu Limited
• HP Development Company, L.P
• Hitachi, Ltd.
• IBM Corporation
• Kissflow Inc.
• Microsoft Corporation
• Nintex UK Ltd
• OpenText Corporation
• Oracle Corporation
• Pegasystems Inc.
• SAP SE
• Signavio GmbH
• Software AG
• Tibco Software Inc.
• Ultimus Inc.

3. MARKET TRENDS & DRIVERS

• Select Trends Impacting the Business Process Management Market
• BPM Playing Key Role in Business Innovation
• Business Process Management Software Unleashes Intriguing Value for Businesses
• AI Set to Play Central Role in Business Processes Management Advancements
• Business Process Management: Crucial Spoke on Digital Transformation Wheel
• BPM Fits Perfectly in Digital Transformation Picture
• BPM Bears Symbolic Relationship with IT, Automation & Digital Transformation
• Amidst Accelerated Digital Transformation, Businesses Turn to BPM to Benefit from the Digitization Trend
• Enterprise Focus on Business Continuity & Remote Working Technologies Presents Market Opportunities
• IT Spending Levels Impact Growth in the BPM Market
• Addition of BPaaS to BPM Model Catalyzing Growth
• BPM Brings Change in Banking and Financial Services Sector
• BPM to Shape the Capital Markets Industry
• Procurement and Supply Chain BPM: Promising Growth in Store
• Catalyzed by the Pandemic e-Commerce Flourishes to Fuel Growth for BPM Market
• Growing Relevance of Big Data and Analytics in Healthcare BPM
• Business Process Management: Key Challenges

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/tsld0z