Global Business Process Automation Software Market by Type (Cloud, SaaS, Web, Mobile-Android Native, Mobile-iOS Native, Installed, Other), By Application (Large Enterprise, SMBs, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global business process automation software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based and mobile-based business process automation software solutions. The other type segment is expected to grow at the highest CAGR during the forecast period, owing to the increasing demand for customized and niche business process automation software solutions. The large enterprise segment is expected to hold a major share of the global business process automation software market in 2018, owing to the growing need for streamlining complex processes across organizations. However, SMBs are projected to witness higher growth rates during the forecast period as they increasingly adopt automated processes for improving their operational efficiency.



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Product Definition:

Business Process Automation Software is a type of software that helps to automate business processes. This software can help to speed up processes, improve accuracy, and reduce the need for manual input. Business process automation software is often used in conjunction with other technologies such as enterprise resource planning (ERP) systems and customer relationship management (CRM) systems.

Cloud, SaaS, Web:

Cloud, SaaS, Web and it's usage in Business Process Automation Software market is expected to grow at a significant rate over the forecast period. Cloud computing has been gaining popularity among different industry verticals owing to its cost effectiveness and ease of deployment. The technology offers shared resources that can be accessed by multiple users simultaneously; this has been an important factor driving the adoption of cloud technology across various industries.

Mobile-Android Native:

The mobile-android native is a hybrid technology that allows the developers to develop an application using the Android framework and then deploy it on iOS devices as well. The primary benefit of this technology is that it reduces the time required for developing, testing, and launching applications. Also, with rapid innovation in smartphones coupled with continuous updates in operating systems; this hybrid app development approach has emerged as one of the most effective ways to create cross-platform apps.

Application Insights:

The other application segment includes the verticals, which include retail, healthcare & medical, banking & financial services, telecom & IT and others. Other applications are expected to witness significant growth over the forecast period owing to increasing adoption of business process automation software in these industries. The large enterprise segment accounted for a revenue share of more than 50% in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to factors such as large enterprises have a larger number of processes that need improvement with respect to efficiency and effectiveness. Furthermore, growing demand for cloud-based BPA solutions from large enterprises is also driving the market growth across regions.

The SMBs application segment is estimated to register a notable CAGR during the forecast period owing to rising penetration of smartphones coupled with an increase in consumer disposable income levels around the globe has led many small businesses owners into adopting mobile-friendly websites along with mobile-app native versions especially for iOS.

Regional Analysis:

The North American region accounted for the largest revenue share in 2017. The growth can be attributed to the presence of a large number of industry players, such as Oracle Corporation; IBM Corporation; Microsoft Corporation; and Salesforce.com, Inc., in this region. Moreover, these companies are continuously investing in R&D activities to develop advanced solutions that can automate business processes at an enterprise level across various industries including manufacturing, retail & e-commerce, banking & financial services (BFS), telecom/IT/EDC and others. This is expected to drive regional market growth over the forecast period.

Asia Pacific is anticipated to emerge as one of the fastest-growing regions during the forecast period owing to increasing adoption levels of business process automation software among enterprises operating across various industries including BFSI (banking & financial services), healthcare IT & telecom and others for improving operational efficiency at lower costs along with gaining flexibility.

Growth Factors:

Increased demand for business process automation software from small and medium-sized businesses (SMBs) due to the benefits it offers in terms of efficiency, productivity, and cost savings.
The growing trend of digital transformation across industries, which is driving the need for automation of business processes to enable faster adoption of new technologies and improve agility.
Proliferation of cloud-based solutions that make deployment and use easier and more affordable, resulting in wider adoption by organizations of all sizes.
Rising demand for Robotic Process Automation (RPA) software as organizations look to automate repetitive tasks that can be performed by robots instead of humans to improve efficiency and accuracy.
Increasing awareness about the benefits offered by business process automation software among decision makers, leading to wider adoption across different industries


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Scope Of The Report
Report Attributes
Report Details
Report Title
Business Process Automation Software Market Research Report
By Type
Cloud, SaaS, Web, Mobile-Android Native, Mobile-iOS Native, Installed, Other
By Application
Large Enterprise, SMBs, Other
By Companies
Microsoft, Oracle, IBM, Laserfiche, Nintex UK Ltd, Kissflow Inc, Okta，Inc, bpm'online, Zoho Corporation Pvt, Process Street, TIBCO Software Inc, OptimumHQ, Process Bliss, Prophix
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.

Global Business Process Automation Software Market Report Segments:
The global Business Process Automation Software market is segmented on the basis of:
Types
Cloud, SaaS, Web, Mobile-Android Native, Mobile-iOS Native, Installed, Other
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 Enterprise, SMBs, Other
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:
Microsoft
Oracle
IBM
Laserfiche
Nintex UK Ltd
Kissflow Inc
Okta，Inc
bpm'online
Zoho Corporation Pvt
Process Street
TIBCO Software Inc
OptimumHQ
Process Bliss
Prophix



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Highlights of The Business Process 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, SaaS, Web
Mobile-Android Native
Mobile-iOS Native
Installed
Other
By Application:
Large Enterprise
SMBs
Other
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 Business Process 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.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



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

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