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Download Free sampleBusiness 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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