Market Overview:
The global business process discovery software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based and web-based business process discovery software solutions by large enterprises and SMEs across the globe. Additionally, the growing trend of digital transformation is also fueling the growth of this market. North America is expected to lead the global business process discovery software market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Business Process Discovery Software is a type of software that helps businesses to identify and map the different processes that take place within their company. This can be helpful in understanding how different departments interact with one another, as well as identifying any bottlenecks or inefficiencies. Business Process Discovery Software can also help to create a more streamlined workflow and improve overall productivity.
Cloud Based:
Cloud-based business process discovery (BPD) software is a new term in the Business Process Management (BPM) market. It's an umbrella term that covers techniques for combining cloud computing and BPM to share data and automate processes across organizations.
Web Based:
The Web Based Business Process Discovery (WBBPD) software is used to access data from multiple sources and integrate it with business rules to create a process model. This model can be deployed in the form of a web service, which can be consumed by other applications or processes over the internet. The WBBPD software supports users in discovering business processes across different organizational units and external systems through an intuitive graphical user interface.
Application Insights:
The large enterprises segment accounted for the largest market share in 2017. The segment will expand further at a steady CAGR over the forecast period. This can be attributed to factors such as increasing demand for BPM solutions from large enterprises, which are capable of handling complex workflows and requirements of various departments within an organization. Furthermore, growing adoption of these solutions by medium and small sized businesses is expected to drive the global business process discovery software market over the forecast period.
SMEs are anticipated to register a significant growth rate over the forecast period owing to factors such as easy implementation procedures followed by these organizations, affordable pricing models supported by vendors, availability of trial versions leading up to purchasing a full fledged solution customized according to specific needs and last but not least; rapid development cycle followed by these firms which enables them adopt emerging technologies quickly resulting in lesser timeframes required for implementation compared with that required by large enterprise organizations.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period, with a significant contribution from U.S.-based vendors such as Oracle Corporation; IBM Corporation; and SAP AG. These companies have been consistently investing in research & development activities to develop advanced technologies that can be integrated into their solutions portfolio, thereby gaining an edge over their competitors.
The Asia Pacific regional market is anticipated to witness exponential growth during the forecast period owing to increasing adoption of business process discovery software by medium-sized enterprises and small & medium enterprises (SMEs). Furthermore, growing penetration of cloud computing services across various industries in countries such as China and India are contributing significantly towards overall revenue generation within this region. Additionally, rising demand for mobile devices coupled with advancements made available through cloud computing platforms will further boost industry expansion prospects within APAC during the same period.
Growth Factors:
- Increasing demand for business process discovery software from small and medium-sized businesses (SMBs) due to the growing awareness of the benefits of business process management (BPM).
- The increasing popularity of cloud-based BPD solutions, which are easier to deploy and manage than traditional on-premises solutions.
- The growing demand for BPD tools that can help organizations automate their processes and improve efficiency.
- The increasing use of BPD tools by large enterprises to streamline their operations and improve performance.
- The rising demand for BPD software in industries such as healthcare, retail, banking & financial services, and manufacturing due to the need for better process visibility and control in these sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Business Process Discovery Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
Kryon, FortySeven, Celonis, Nintex, IBM, UiPath, Software AG, QPR Software, Icaro Tech, Kofax, PEGA
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Business Process Discovery Software Market Report Segments:
The global Business Process Discovery Software market is segmented on the basis of:
Types
Cloud Based, Web Based
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, 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:
- Kryon
- FortySeven
- Celonis
- Nintex
- IBM
- UiPath
- Software AG
- QPR Software
- Icaro Tech
- Kofax
- PEGA
Highlights of The Business Process Discovery 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
- Web Based
- By Application:
- Large 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 Business Process Discovery 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
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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?
Business process discovery software is a type of software that helps organizations identify and track the steps involved in completing specific tasks or processes. This information can then be used to improve efficiency and effectiveness within an organization.
Some of the major players in the business process discovery software market are Kryon, FortySeven, Celonis, Nintex, IBM, UiPath, Software AG, QPR Software, Icaro Tech, Kofax, PEGA.
The business process discovery software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Business Process Discovery Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Business Process Discovery Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Business Process Discovery Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Business Process Discovery Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Business Process Discovery Software Market Size & Forecast, 2018-2028
4.5.1 Business Process Discovery Software Market Size and Y-o-Y Growth
4.5.2 Business Process Discovery Software Market Absolute $ Opportunity
Chapter 5 Global Business Process Discovery Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Business Process Discovery Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Business Process Discovery Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Business Process Discovery Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Business Process Discovery Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Business Process Discovery Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Business Process Discovery Software Analysis and Forecast
9.1 Introduction
9.2 North America Business Process Discovery Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Business Process Discovery Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Business Process Discovery Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Business Process Discovery Software Analysis and Forecast
10.1 Introduction
10.2 Europe Business Process Discovery Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Business Process Discovery Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Business Process Discovery Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Business Process Discovery Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Business Process Discovery Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Business Process Discovery Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Business Process Discovery Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Business Process Discovery Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Business Process Discovery Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Business Process Discovery Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Business Process Discovery Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Business Process Discovery Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Business Process Discovery Software Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Business Process Discovery Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Business Process Discovery Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Business Process Discovery Software Market: Competitive Dashboard
14.2 Global Business Process Discovery Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kryon
14.3.2 FortySeven
14.3.3 Celonis
14.3.4 Nintex
14.3.5 IBM
14.3.6 UiPath
14.3.7 Software AG
14.3.8 QPR Software
14.3.9 Icaro Tech
14.3.10 Kofax
14.3.11 PEGA
