Business Process Management market

Business Process Management (BPM) Market Size, Shares - Global Outlook and Forecast 2022-2028

  • 09 January 2022
  • ICT & Media
  • 65 Pages
  • Report code : PMR-6699621

  • 4.7 (158)

Business Process Management Market

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Business process management (BPM) is a discipline in operations management that uses various methods to discover, model, analyze, measure, improve, optimize, and automate business processes. BPM focuses on improving corporate performance by managing business processes. Any combination of methods used to manage a company's business processes is BPM. Processes can be structured and repeatable or unstructured and variable. Though not required, enabling technologies are often used with BPM

Business Process Management Market contains market size and forecasts of Business Process Management (BPM) in Global, including the following market information:

Global Business Process Management (BPM) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Business Process Management (BPM) market was valued at 3588.4 million in 2021 and is projected to reach US$ 4808 million by 2028, at a CAGR of 4.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Process Improvement Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Business Process Management (BPM) include IBM, Appian, Software AG, Oracle, Pegasystems, Red Hat, Opentext, Tibco Software and K2 and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Business Process Management (BPM) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Business Process Management (BPM) Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Business Process Management (BPM) Market Segment Percentages, by Type, 2021 (%)

Process Improvement

Automation

Content and Document Management

Integration

Monitoring and Optimization

Global Business Process Management (BPM) Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Business Process Management (BPM) Market Segment Percentages, by Application, 2021 (%)

Government & Defense

BFSI

IT & Telecom

Healthcare

Retail

Manufacturing

Others

Global Business Process Management (BPM) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Business Process Management (BPM) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Business Process Management (BPM) revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Business Process Management (BPM) revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

IBM

Appian

Software AG

Oracle

Pegasystems

Red Hat

Opentext

Tibco Software

K2

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