Market Overview:
The global process mining software market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for process mining software from large enterprises and SMEs across different regions. Additionally, the growing trend of digitization is also contributing to the growth of this market. On the basis of type, the global process mining software market can be segmented into cloud-based and web-based segments. The cloud-based segment is expected to witness higher growth during the forecast period as compared to other segments owing to its advantages such as scalability and flexibility.
Product Definition:
Process mining software is used to extract process models from event logs. The extracted process models can be used to improve the efficiency of business processes, find bottlenecks and errors in processes, and help decision makers understand how business processes work.
Cloud Based:
Cloud-based solutions are software-as-a-service (SaaS) applications that store data on a remote server via the internet. The cloud based solutions offer various advantages such as easy accessibility, low cost of ownership, and high scalability. These benefits have increased the adoption of cloud based services in recent years across several industry verticals including BFSI, healthcare & life sciences and IT & telecom among others.
Web Based:
The web-based process mining software is used to extract business information from websites. It works on the principle of analyzing the website by identifying patterns in its data and extracting useful information. The extracted information can be further analyzed using a variety of tools and techniques to gain valuable insights into the working of a company, which helps in improving efficiency across various departments.
Application Insights:
The large enterprises segment accounted for the largest market share in 2017 and is expected to continue leading over the forecast period. The growth of this segment can be attributed to factors such as increasing demand for real-time decisions, improved business operations and cost savings. The small & medium-sized enterprises (SMEs) are presumed to be the fastest growing segment owing to their preference towards web based applications over other software options.
Process mining helps organizations in gaining insights into various processes across different departments, which enables them make necessary improvements with a greater degree of precision and accuracy. Process mining solutions enable organizations to gain actionable intelligence on customer behavior, process performance & patterns, resource consumption along with other related data from multiple sources within an organization or external sources such as Salesforce® or Microsoft® Office 365¢â‚¬â„¢s Power BI service.
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 process management solutions by enterprises for improving their business processes and enhancing their competitive advantage. In addition, growing demand for cloud-based software solutions that offer real-time monitoring and reporting capabilities is anticipated to drive regional market growth.
The Asia Pacific region accounted for more than 25% of the global revenue share in 2017 owing to rapid industrialization, coupled with rising awareness about benefits offered by process management software such as improved operational efficiency, enhanced customer experience, reduced costs & errors and compliance with government regulations & standards are some other factors driving this regional market growth. Moreover, increasing number of small & medium enterprises (SMEs) in this region are also contributing significantly towards industry expansion due to cost-effective pricing structure adopted by these organizations which further drives demand across this region’s markets including China and India among others).
Growth Factors:
- Increasing demand for Process Mining Software from small and medium-sized businesses (SMBs) due to the benefits offered by the software such as improved process visibility, increased efficiency, and reduced costs.
- The increasing adoption of Process Mining Software by large enterprises to improve their business processes and achieve operational excellence.
- The growing demand for Process Mining Software from industries such as healthcare, retail, logistics, and manufacturing due to the benefits offered by the software in terms of improving process visibility and reducing process cycle times.
- The increasing use of Process Mining Software by government organizations to streamline their processes and improve transparency across departments.
- The rising popularity of cloud-based deployment models for Process Mining Software that offer flexibility and scalability to businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Process Mining Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
UiPath, Celonis, ProcessGold, Software AG, Minit, QPR Software, Signavio, Appnomic Systems, Datapolis, Disco, Fujitsu, Icaro, Kofax, myInvenio, ProDiscovery, Worksoft
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Process Mining Software Market Report Segments:
The global Process Mining 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:
- UiPath
- Celonis
- ProcessGold
- Software AG
- Minit
- QPR Software
- Signavio
- Appnomic Systems
- Datapolis
- Disco
- Fujitsu
- Icaro
- Kofax
- myInvenio
- ProDiscovery
- Worksoft
Highlights of The Process Mining 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 Process Mining 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 mining software is a type of software that helps businesses and organizations to mine data for insights. It can help identify patterns in how different parts of an organization work together, and can provide valuable information that can be used to improve efficiency or performance.
Some of the major players in the process mining software market are UiPath, Celonis, ProcessGold, Software AG, Minit, QPR Software, Signavio, Appnomic Systems, Datapolis, Disco, Fujitsu, Icaro, Kofax, myInvenio, ProDiscovery, Worksoft.
The process mining software market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Process Mining 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 Mining Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Process Mining 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 Mining 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 Mining Software Market Size & Forecast, 2018-2028
4.5.1 Process Mining Software Market Size and Y-o-Y Growth
4.5.2 Process Mining Software Market Absolute $ Opportunity
Chapter 5 Global Process Mining 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 Mining 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 Process Mining 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 Mining 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 Process Mining 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 Mining 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 Mining Software Analysis and Forecast
9.1 Introduction
9.2 North America Process Mining 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 Mining 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 Process Mining 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 Process Mining Software Analysis and Forecast
10.1 Introduction
10.2 Europe Process Mining 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 Mining 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 Process Mining 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 Process Mining Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Process Mining 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 Mining 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 Process Mining 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 Process Mining Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Process Mining 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 Mining 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 Process Mining 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) Process Mining Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Process Mining 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 Mining 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) Process Mining 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 Process Mining Software Market: Competitive Dashboard
14.2 Global Process Mining Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 UiPath
14.3.2 Celonis
14.3.3 ProcessGold
14.3.4 Software AG
14.3.5 Minit
14.3.6 QPR Software
14.3.7 Signavio
14.3.8 Appnomic Systems
14.3.9 Datapolis
14.3.10 Disco
14.3.11 Fujitsu
14.3.12 Icaro
14.3.13 Kofax
14.3.14 myInvenio
14.3.15 ProDiscovery
14.3.16 Worksoft
