Market Overview:
The global process documentation 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 process documentation software from SMEs and large enterprises across the globe. Additionally, the growing trend of cloud-based process documentation software is also contributing to the growth of this market. However, lack of awareness about benefits offered by process documentation software among small businesses may restrain the growth of this market during the forecast period.
Product Definition:
Process Documentation Software is used to document the processes within an organization. This software can help to track and monitor the progress of individual tasks and also identify any bottlenecks or inefficiencies. The importance of Process Documentation Software is that it can help improve organizational efficiency by providing a clear, concise overview of how work is done within the company.
Cloud Based:
Cloud based software is a type of software service model that provides shared computer hardware and the data can be accessed from different locations through the internet. The cloud based process documentation software market is expected to witness significant growth over the forecast period owing to its cost effectiveness, ease of use, real time process tracking & analytics features and integrated workflow management capabilities.
On-premises:
On-premises is a term used for software that is installed and operated from the original media or a distribution server on the customer premises. The software can be installed on computers present within an organization or can be delivered to end users via physical delivery using DVD, USB drive, etc. On-premises process documentation software market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The software is used for various applications such as supply chain management, process design, process optimization and others. The largest organizations including oil & gas companies use this software for designing and managing their processes. The SMEs can also opt for the cloud-based version of the product to store their documents which they can access from anywhere at any time.
The large enterprises segment dominated the global market in 2017 owing to factors such as extensive usage of enterprise resource planning (ERP) systems by these organizations that provide a wide scope of Process Documentation Software (PDS). These systems are integrated with other system components such as financials, manufacturing and inventory among others to provide a holistic view on an organization¢â‚¬â„¢s operations across different industries. This integration has led to increased adoption of PDS among large enterprises globally which will drive growth over the forecast period.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to the increasing adoption of cloud-based solutions by enterprises and governments for project management across various industries. Furthermore, growing awareness regarding process improvement initiatives is also anticipated to drive demand for GNDS software in this region.
In Europe, organizations are focusing on streamlining their processes through automation and digitalization of business operations. This has resulted in high adoption rates of GNDS software among enterprises as well as government agencies for effective communication and collaboration between departments/offices/agencies throughout the organization for improved customer experience along with cost reduction benefits from operational efficiency enhancement programs implemented within an organization's workflow systems or processes themselves that result from proper documentation activities performed using GNDS software applications that provide real-time information about workflow statuses & requirements associated with projects or tasks being undertaken by different organizational units such as sales team, production unit etc.
Growth Factors:
- Increasing demand for Process Documentation Software from small and medium-sized businesses (SMBs) due to the benefits it offers such as improved communication, increased efficiency, and reduced costs.
- The growing trend of digitization across all industries is driving the adoption of Process Documentation Software as it helps in automating business processes and improving operational efficiency.
- Rapid advancements in technology are resulting in changes in the way businesses operate which is leading to a need for better process documentation tools that can help manage these changes effectively.
- The increasing focus on compliance and regulatory requirements is also fueling the demand for Process Documentation Software as it enables organizations to track and document their business processes efficiently and effectively meet compliance mandates.
- Growing awareness about the benefits of process documentation among businesses is helping to boost market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Process Documentation Software Market Research Report
By Type
Cloud Based, On-premises
By Application
SMEs, Large Enterprises
By Companies
Bit.ai, Pellio, Atlassian Confluence, Lucidchart, Heflo, Stepshot, Trello, Podio, Basecamp, Wrike, Eversign, Integrify, Google, Evernote, Microsoft
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Process Documentation Software Market Report Segments:
The global Process Documentation Software market is segmented on the basis of:
Types
Cloud Based, On-premises
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
SMEs, Large 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:
- Bit.ai
- Pellio
- Atlassian Confluence
- Lucidchart
- Heflo
- Stepshot
- Trello
- Podio
- Basecamp
- Wrike
- Eversign
- Integrify
- Google
- Evernote
- Microsoft
Highlights of The Process Documentation 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-premises
- By Application:
- SMEs
- Large 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 Process Documentation 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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- 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?
Process documentation software is a type of software that helps organizations document their processes. This can include anything from creating process flow diagrams to tracking progress and results.
Some of the major players in the process documentation software market are Bit.ai, Pellio, Atlassian Confluence, Lucidchart, Heflo, Stepshot, Trello, Podio, Basecamp, Wrike, Eversign, Integrify, Google, Evernote, Microsoft.
The process documentation 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 Process Documentation 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 Process Documentation Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Process Documentation 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 Process Documentation 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 Process Documentation Software Market Size & Forecast, 2018-2028
4.5.1 Process Documentation Software Market Size and Y-o-Y Growth
4.5.2 Process Documentation Software Market Absolute $ Opportunity
Chapter 5 Global Process Documentation 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 Process Documentation Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Process Documentation 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 Process Documentation Software Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Process Documentation 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 Process Documentation 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 Process Documentation Software Analysis and Forecast
9.1 Introduction
9.2 North America Process Documentation 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 Process Documentation Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-premises
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 Process Documentation Software Market Size Forecast by Applications
9.10.1 SMEs
9.10.2 Large 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 Process Documentation Software Analysis and Forecast
10.1 Introduction
10.2 Europe Process Documentation 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 Process Documentation Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-premises
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 Process Documentation Software Market Size Forecast by Applications
10.10.1 SMEs
10.10.2 Large 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 Process Documentation Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Process Documentation 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 Process Documentation Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-premises
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 Process Documentation Software Market Size Forecast by Applications
11.10.1 SMEs
11.10.2 Large 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 Process Documentation Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Process Documentation 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 Process Documentation Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-premises
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 Process Documentation Software Market Size Forecast by Applications
12.10.1 SMEs
12.10.2 Large 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) Process Documentation Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Process Documentation 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) Process Documentation Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-premises
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) Process Documentation Software Market Size Forecast by Applications
13.10.1 SMEs
13.10.2 Large 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 Process Documentation Software Market: Competitive Dashboard
14.2 Global Process Documentation Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bit.ai
14.3.2 Pellio
14.3.3 Atlassian Confluence
14.3.4 Lucidchart
14.3.5 Heflo
14.3.6 Stepshot
14.3.7 Trello
14.3.8 Podio
14.3.9 Basecamp
14.3.10 Wrike
14.3.11 Eversign
14.3.12 Integrify
14.3.13 Google
14.3.14 Evernote
14.3.15 Microsoft
