Market Overview:
The global business process management market is expected to grow from USD 9.02 billion in 2018 to USD 16.14 billion by 2030, at a CAGR of 7.5% from 2018 to 2030. The growth of the global business process management market can be attributed to the increasing demand for cloud-based BPM solutions and the growing need for streamlining and automating business processes across organizations. Based on type, the global business process management market is segmented into business rules management, data mapping, process analysis, full-function software, and others. The full-function software segment is expected to hold the largest share of the global business process management market in 2018.
Product Definition:
Business Process Management (BPM) is a systematic approach to managing business processes with the goal of improving efficiency and effectiveness. BPM includes the identification of business processes, their improvement and management through standardization, automation, and measurement. The goal of BPM is to improve organizational performance by making better use of resources and achieving strategic objectives.
Business Rules Mangement:
Business rules management is a software system that helps in the capture, development, and execution of business rules. It is used to manage all types of business rule-based applications including BPMN 2.0 Business Process Modeling and Business Rule Engine (BREE), RULES, XSLT/XPath BRPMS (Business Resource Planning Management Systems) among others.
Data Mapping:
Data mapping is the process of converting data from one format to another, in order to make it useful for a business. It is used by various software applications such as Enterprise Asset Management (EAM), Customer Relationship Management (CRM) and Supply Chain Management (SCM). Data mapping helps organizations gain actionable insights from their data, which further helps them improve productivity and efficiency.
The global Business Process Management market size was valued at USD 6.5 billion in 2016.
Application Insights:
The small business segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing digitalization of economies has led to an increase in the number of SMEs, which are increasingly adopting BPM solutions. The global Small Business Administration (SBA) has launched a new online tool, called ¢â‚¬ËœBizPlanner¢â‚¬â„¢, with a mission to assist small businesses in developing effective financial plans. This will help them analyze their capital structure and make smart decisions about growth and investments. Such initiatives by government agencies as well as private companies are expected to drive demand for BPM solutions among small businesses over the forecast period.
Medium-sized business is another important application segment that accounted for significant market share in 2017 due largely to factors such as increasing IT spending capacity across medium-sized enterprises (MTEs).
Regional Analysis:
The North American regional market accounted for the largest revenue share in 2017. The growth of this region is attributed to the presence of a large number of BPM solution providers and implementation of robust business processes across various industries, such as manufacturing, healthcare & life sciences, banking & financial services. Moreover, increasing adoption across several small and medium-sized enterprises (SMEs) in countries like Canada and the U.S., owing to their ability to save time and resources used for data entry is expected to drive regional demand over the forecast period.
Asia Pacific is estimated to be one of the fastest-growing regions over the forecast period owing its growing economies like China.
Growth Factors:
- Increased demand for process improvement and optimization to drive efficiency and effectiveness in organizations
- The need for better visibility into business processes to support decision-making
- Growing popularity of process-centric approaches such as Lean, Six Sigma, and Business Process Reengineering (BPR)
- Increasing focus on customer experience and satisfaction
- Emergence of cloud-based BPM solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Business Process Management Market Research Report
By Type
Business Rules Mangement, Data Mapping, Process Analysis, Full-function Software, Others
By Application
Small Business, Medium Business, Enterprises
By Companies
BP Logix, Promapp, Intellect BPM, Wrike, Heflo, TIBCO, Mindbody, Laserfiche, Nintex, Replicon, Zoho Creator
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Business Process Management Market Report Segments:
The global Business Process Management market is segmented on the basis of:
Types
Business Rules Mangement, Data Mapping, Process Analysis, Full-function Software, Others
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
Small Business, Medium Business, Enterprises
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:
- BP Logix
- Promapp
- Intellect BPM
- Wrike
- Heflo
- TIBCO
- Mindbody
- Laserfiche
- Nintex
- Replicon
- Zoho Creator
Highlights of The Business Process Management 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:
- Business Rules Mangement
- Data Mapping
- Process Analysis
- Full-function Software
- Others
- By Application:
- Small Business
- Medium Business
- Enterprises
- 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 Management 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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 management (BPM) is a technique for managing the activities that make up an organization's business. It helps to ensure that these activities are carried out in an efficient and effective manner, while ensuring compliance with relevant regulations. BPM can help to improve communication between different parts of the organization, as well as reducing waste and improving overall efficiency.
Some of the major companies in the business process management market are BP Logix, Promapp, Intellect BPM, Wrike, Heflo, TIBCO, Mindbody, Laserfiche, Nintex, Replicon, Zoho Creator.
The business process management market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Business Process Management 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 Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Business Process Management 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 Management 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 Management Market Size & Forecast, 2018-2028
4.5.1 Business Process Management Market Size and Y-o-Y Growth
4.5.2 Business Process Management Market Absolute $ Opportunity
Chapter 5 Global Business Process Management 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 Management Market Size Forecast by Type
5.2.1 Business Rules Mangement
5.2.2 Data Mapping
5.2.3 Process Analysis
5.2.4 Full-function Software
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Business Process Management 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 Management Market Size Forecast by Applications
6.2.1 Small Business
6.2.2 Medium Business
6.2.3 Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Business Process Management 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 Management 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 Management Analysis and Forecast
9.1 Introduction
9.2 North America Business Process Management 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 Management Market Size Forecast by Type
9.6.1 Business Rules Mangement
9.6.2 Data Mapping
9.6.3 Process Analysis
9.6.4 Full-function Software
9.6.5 Others
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 Management Market Size Forecast by Applications
9.10.1 Small Business
9.10.2 Medium Business
9.10.3 Enterprises
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 Management Analysis and Forecast
10.1 Introduction
10.2 Europe Business Process Management 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 Management Market Size Forecast by Type
10.6.1 Business Rules Mangement
10.6.2 Data Mapping
10.6.3 Process Analysis
10.6.4 Full-function Software
10.6.5 Others
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 Management Market Size Forecast by Applications
10.10.1 Small Business
10.10.2 Medium Business
10.10.3 Enterprises
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 Management Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Business Process Management 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 Management Market Size Forecast by Type
11.6.1 Business Rules Mangement
11.6.2 Data Mapping
11.6.3 Process Analysis
11.6.4 Full-function Software
11.6.5 Others
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 Management Market Size Forecast by Applications
11.10.1 Small Business
11.10.2 Medium Business
11.10.3 Enterprises
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 Management Analysis and Forecast
12.1 Introduction
12.2 Latin America Business Process Management 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 Management Market Size Forecast by Type
12.6.1 Business Rules Mangement
12.6.2 Data Mapping
12.6.3 Process Analysis
12.6.4 Full-function Software
12.6.5 Others
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 Management Market Size Forecast by Applications
12.10.1 Small Business
12.10.2 Medium Business
12.10.3 Enterprises
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 Management Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Business Process Management 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 Management Market Size Forecast by Type
13.6.1 Business Rules Mangement
13.6.2 Data Mapping
13.6.3 Process Analysis
13.6.4 Full-function Software
13.6.5 Others
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 Management Market Size Forecast by Applications
13.10.1 Small Business
13.10.2 Medium Business
13.10.3 Enterprises
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 Management Market: Competitive Dashboard
14.2 Global Business Process Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BP Logix
14.3.2 Promapp
14.3.3 Intellect BPM
14.3.4 Wrike
14.3.5 Heflo
14.3.6 TIBCO
14.3.7 Mindbody
14.3.8 Laserfiche
14.3.9 Nintex
14.3.10 Replicon
14.3.11 Zoho Creator
