Press release
Workflow Automation and Optimization Software Market 2026 | Industry Crucial Players - Xerox Corporation, Oracle Corporation, International Business Machines Corporation, SAS Institute, Inc., SAP SE, OnviSource, Inc., Boston Software Systems, Flexera Soft
MRRSE
Download Exclusive PDF Sample on Workflow Automation and Optimization Software Market Report @ https://www.mrrse.com/sample/3164
The global workflow automation and optimization software market is primarily dominated by multinational tech giants. The top five players account for well over half the share in the market and are constantly trying to outdo one another through product innovation.
Driving growth in the global market for workflow automation and optimization software is the rising take-up of third platform technologies and soaring popularity of business process automation. Workflow automation and optimization software allows businesses to improve communication, reduce human errors, enable real-time reporting, and allow integration of third-party applications for added benefits. Such advantages are egging organizations to shift toward digitization of business processes.
Cyber threats, however, are acting as a deterrent to the market for workflow automation and optimization software market. In order to tackle the menace, savvy players in the market are trying to develop more secure solutions.
The global market for workflow automation and optimization software to expand at a healthy CAGR of 8.7% from 2017 to 2025 to become worth US$1.456 bn by 2025 from US$0.713 bn in 2016.
BFSI Segment Emerges Market Leader due of Customer-focused Banks
The global market for workflow automation and optimization software can be segmented depending upon end-use into education, banking, financial services, and insurance (BFSI), transportation and logistics, healthcare, manufacturing, retail, telecommunications and information technology (IT), etc. The BFSI sector, of them, held a dominant 21.8% share in the overall revenue in 2016. Expanding at a strong 8.3% CAGR between 2017 and 2025, the segment is expected to continue holding on to its dominant position. The primary reason behind it is banks increasingly leveraging enhanced fraud management solutions, mobile banking, smart automated teller machines (ATMs), etc. to offer better experience of their customers. In the years ahead too, the BFSI segment is predicted to retain its dominant position by holding 24.8% share in the market.
Gain Full Access of Workflow Automation and Optimization Software Market Report along with complete TOC @ https://www.mrrse.com/business-workflow-automation-optimization-software-market
In terms of growth rate, however, the education segment is expected to emerge as a winner by clocking a solid 9.5% CAGR between 2017 and 2025.
Thrust on Automation by Different Organizations Propels North America Market
Geography-wise, Europe, North America, Asia Pacific, South America, and the Middle East and Africa (MEA) are key regions in the global workflow automation and optimization software market. Among them, North America contributes the most to revenue because of massive automation of business processes in the region and also because of the copious number of vendors of workflow automation domiciled in the region. The North America market grossed a revenue of US$279.6 mn in 2016 and rising at a CAGR of 8.6% it will likely gross US$566 mn in 2025. Europe trails North America vis-à-vis revenue.
Asia Pacific is another key region which is slated to outpace all others in terms of growth rate from 2017 to 2025. The growth in the region is expected to be brought about by the quick uptake of workflow automation and optimization software across different industry verticals. Currently, on-premise workflow automation and optimization software segment generates maximum revenue in the market in the region, but going forward, the cloud workflow automation and optimization software will likely expand at a greater pace owing to their rapid adoption by the healthcare, BFSI, and telecommunications sector.
Prominent players operating in the global market for workflow automation and optimization software are Xerox Corporation, Oracle Corporation, International Business Machines Corporation, SAS Institute, Inc., SAP SE, OnviSource, Inc., Boston Software Systems, Flexera Software LLC, JDA Software Group, Inc., and Reva Solutions.
Enquire More about This Report @ https://www.mrrse.com/enquiry/3164
About (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Workflow Automation and Optimization Software Market 2026 | Industry Crucial Players - Xerox Corporation, Oracle Corporation, International Business Machines Corporation, SAS Institute, Inc., SAP SE, OnviSource, Inc., Boston Software Systems, Flexera Soft here
News-ID: 1153920 • Views: …
More Releases from MRRSE.com
Automotive Microcontrollers Market | Industry Key Players - AG (Germany), Texas …
MRRSE has recently published a report that explores the market for automotive microcontrollers at a global scale, and covers the market dynamics exhaustively, providing major trends impacting the market growth. This report on global market for automotive microcontrollers provides a detailed knowledge base for players who seek expansion of their presence globally. Insights offered in this report is instrumental for market players and investors, for gauging potential of the bubble…
Global Commercial Refrigeration Equipment Market |Key Players Baltimore Aircoil …
MRRSE provides the forecast and in-depth on the global commercial refrigeration equipment market for the forecast period 2017-2026. The report also analyzes the market in terms of market volume and value and offers information on the market dynamics, competitors, current market scenario, and future market growth. Year-on-year growth and important factors supporting the decision-making process is also offered in the report on the global market for commercial refrigeration equipment.
Get Report…
Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Thr …
A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Through 2026” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview.
The report comprises a detailed value chain analysis, which provides a comprehensive view…
Frontotemporal Disorders Treatment Market (2018-2028) || Key Players are Pfizer …
A recent market study published by company – “Frontotemporal Disorders Treatment Market Assessment & Opportunity Analysis Recorded for 2018 – 2028” – consists of a comprehensive assessment of the most important market dynamics. On conducting a thorough research on the historic as well as current growth parameters of the frontotemporal disorders treatment market, growth prospects of the market are obtained with maximum precision. The report features unique and salient factors…
More Releases for MRRSE
Market Research Reports Search Engine - MRRSE
New research report offers a comprehensive analysis of the “Biological Seed Treatment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026”. The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market.
Request for Sample Report @ https://www.mrrse.com/sample/4506
Increasing impact of unfavorable farming conditions on the global agricultural production has weighed down the production of food…
Market Research Reports Search Engine - MRRSE
New research report offers a comprehensive analysis of the “Prosthetic Heart Valve Market: Global Industry Analysis & Opportunity Assessment, 2016-2026“The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market.
Request to view Sample Report @ https://www.mrrse.com/sample/2692
Mechanical heart valve is an artificial heart valve implanted in patients suffering from indicated diseases such as aortic stenosis or mitral regurgitation. Tissue heart…
Market Research Reports Search Engine - MRRSE
New research report offers a comprehensive analysis of the “3D Printing Powder Market - Global Industry, Size, Share, Growth, Trends, and Forecast 2017 - 2025“The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market.
Request to view Sample Report @ https://www.mrrse.com/sample/4318
Global 3D Printing Powder Market: Snapshot
A large part of the 3D printers that are presently available in the global…
Market Research Reports Search Engine - MRRSE
Preference among consumers about the benefits of non-surgical skin tightening procedures is growing, which is resulting into the growth of the market globally. According to the report, non-surgical skin tightening market is likely to grow at over 4% CAGR during the forecast period and surpass US$ 500 Mn in revenues. These insights are according to a new research report added to the vast database of Market Research Reports Search Engine…
Market Research Reports Search Engine - MRRSE
A new report added to the repository of Market Research Reports Search Engine “Herb Oil Market: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2022)” is a comprehensive repository of information, providing market share, size, and forecast.
Request for Sample Report: https://www.mrrse.com/sample/3698
Alternative medicine and herbal products have become quite popular across the world as people are increasingly seeking out ‘natural and organic solutions’ for everything. The millennial generation…
Latest Research Reports - MRRSE
The rising usage of vetiver oil in aromatherapy, due to its popularity as precious therapeutic oil in eastern countries on account of its safe, convenient and customary application is a major factor behind the increasing production for vetiver oil. A market research report titled as “Haitian Vetiver Oil Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” has been recently added to the vast online…
