The global back office automation software market is expected to grow at a CAGR of 12.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing adoption of cloud-based solutions and rising demand for automation in the back office operations. The large enterprises segment accounted for the largest share of the global back office automation software market in 2018, followed by SMEs. North America was the leading region in terms of revenue contribution in 2018, followed by Europe and Asia Pacific.
Some Of The Growth Factors Of This Market:
- The need for automation in back office operations is increasing due to the increase in regulatory requirements and the need for compliance.
- The rise of cloud computing has led to a decrease in IT costs, which has made it easier for companies to invest in back office automation software.
- The increased use of mobile devices and tablets has led to an increase in demand for back office automation software that can be accessed on these devices, such as mobile banking apps or remote deposit capture apps.
- Increased competition among banks and financial institutions is leading them to invest more heavily into their back office operations, which includes investing into automated systems that will help them compete with other institutions on price and service levels while also complying with regulations more easily than before.
- As technology continues to advance, there are new opportunities emerging for companies that provide back office automation software solutions such as artificial intelligence (AI) or machine learning (ML).
Industry Growth Insights published a new data on “Back Office Automation Software Market”. The research report is titled “Back Office Automation Software Market research by Types (Cloud-Based, On-Premise), By Applications (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), By Players/Companies Cflow, Integrify, Thoughtonomy, Codeless Platforms, Altitude Business Systems Ltd, Softomotive Ltd, HelpSystems, Automai, Corporation, Automation Anywhere Inc, UiPath, Pegasystems Inc., OpenConnect Systems Incorporated, Twenty57”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Back Office Automation Software Market Research Report
By Type
Cloud-Based, On-Premise
By Application
Large Enterprises, Small and Medium-sized Enterprises (SMEs)
By Companies
Cflow, Integrify, Thoughtonomy, Codeless Platforms, Altitude Business Systems Ltd, Softomotive Ltd, HelpSystems, Automai, Corporation, Automation Anywhere Inc, UiPath, Pegasystems Inc., OpenConnect Systems Incorporated, Twenty57
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Back Office Automation Software Market Report Segments:
The global Back Office Automation Software market is segmented on the basis of:
Types
Cloud-Based, On-Premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, Small and Medium-sized Enterprises (SMEs)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cflow
- Integrify
- Thoughtonomy
- Codeless Platforms
- Altitude Business Systems Ltd
- Softomotive Ltd
- HelpSystems
- Automai, Corporation
- Automation Anywhere Inc
- UiPath
- Pegasystems Inc.
- OpenConnect Systems Incorporated
- Twenty57
Highlights of The Back Office Automation Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-Based
- On-Premise
- By Application:
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Back Office Automation Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Back office automation software is a type of software that helps businesses automate their back office processes. This can include tasks like billing, accounting, and customer service. Back office automation software can also help businesses improve their efficiency and accuracy.
Some of the major companies in the back office automation software market are Cflow, Integrify, Thoughtonomy, Codeless Platforms, Altitude Business Systems Ltd, Softomotive Ltd, HelpSystems, Automai, Corporation, Automation Anywhere Inc, UiPath, Pegasystems Inc., OpenConnect Systems Incorporated, Twenty57.
The back office automation software market is expected to register a CAGR of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Back Office Automation Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Back Office Automation Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Back Office Automation Software Market - Supply Chain
4.5. Global Back Office Automation Software Market Forecast
4.5.1. Back Office Automation Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Back Office Automation Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Back Office Automation Software Market Absolute $ Opportunity
5. Global Back Office Automation Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Back Office Automation Software Market Size and Volume Forecast by Type
5.3.1. Cloud-Based
5.3.2. On-Premise
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Back Office Automation Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Back Office Automation Software Market Size and Volume Forecast by Application
6.3.1. Large Enterprises
6.3.2. Small and Medium-sized Enterprises (SMEs)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Back Office Automation Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Back Office Automation Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Back Office Automation Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Back Office Automation Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Back Office Automation Software Demand Share Forecast, 2019-2026
9. North America Back Office Automation Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Back Office Automation Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Back Office Automation Software Market Size and Volume Forecast by Application
9.4.1. Large Enterprises
9.4.2. Small and Medium-sized Enterprises (SMEs)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Back Office Automation Software Market Size and Volume Forecast by Type
9.7.1. Cloud-Based
9.7.2. On-Premise
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Back Office Automation Software Demand Share Forecast, 2019-2026
10. Latin America Back Office Automation Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Back Office Automation Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Back Office Automation Software Market Size and Volume Forecast by Application
10.4.1. Large Enterprises
10.4.2. Small and Medium-sized Enterprises (SMEs)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Back Office Automation Software Market Size and Volume Forecast by Type
10.7.1. Cloud-Based
10.7.2. On-Premise
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Back Office Automation Software Demand Share Forecast, 2019-2026
11. Europe Back Office Automation Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Back Office Automation Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Back Office Automation Software Market Size and Volume Forecast by Application
11.4.1. Large Enterprises
11.4.2. Small and Medium-sized Enterprises (SMEs)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Back Office Automation Software Market Size and Volume Forecast by Type
11.7.1. Cloud-Based
11.7.2. On-Premise
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Back Office Automation Software Demand Share, 2019-2026
12. Asia Pacific Back Office Automation Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Back Office Automation Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Back Office Automation Software Market Size and Volume Forecast by Application
12.4.1. Large Enterprises
12.4.2. Small and Medium-sized Enterprises (SMEs)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Back Office Automation Software Market Size and Volume Forecast by Type
12.7.1. Cloud-Based
12.7.2. On-Premise
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Back Office Automation Software Demand Share, 2019-2026
13. Middle East & Africa Back Office Automation Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Back Office Automation Software Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Back Office Automation Software Market Size and Volume Forecast by Application
13.4.1. Large Enterprises
13.4.2. Small and Medium-sized Enterprises (SMEs)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Back Office Automation Software Market Size and Volume Forecast by Type
13.7.1. Cloud-Based
13.7.2. On-Premise
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Back Office Automation Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Back Office Automation Software Market: Market Share Analysis
14.2. Back Office Automation Software Distributors and Customers
14.3. Back Office Automation Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cflow
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Integrify
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Thoughtonomy
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Codeless Platforms
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Altitude Business Systems Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Softomotive Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. HelpSystems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Automai, Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Automation Anywhere Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. UiPath
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pegasystems Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. OpenConnect Systems Incorporated
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Twenty57
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
