openPR Logo
Press release

Business Workflow Automation Market Expected to Secure Notable Revenue Share during 2017-2026 | Major Players - Tibco Software, HCL Technologies, SAS Institute, SAP SE, Nintex Limited, Newgen Software Technologies Limited, IPSoft Inc., Vision Software SA

12-17-2018 10:59 AM CET | IT, New Media & Software

Press release from: Fact.MR

Business Workflow Automation Market Expected to Secure Notable

Business workflow automation leads to the faster decision making, helps in effectively managing work, increasing production capacity, and also helps in enhancing internal communication. Businesses are adopting workflow automation solutions on a large scale. Hence, companies providing workflow automation software and tools are also adding features that can help in optimizing various processes throughout departments. Key players are also providing software that can integrate with third-party applications and databases. 

Get Free Exclusive Sample Copy of This Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=390

As per the latest study by Fact.MR, the global market for business workflow automation is likely to experience strong growth. By 2026 end, the global market for business workflow automation is projected to bring in US$ 5,247.2 million revenue.  

Technology-Based Solution to Emerge as the Largest Deployment Type

Compared to various solutions, the technology-based solution is likely to emerge as the largest deployment type between 2017 and 2026. By 2026 end, technology-based solution is projected to surpass US$ 2,100 million revenue. Increasing number of businesses have moved to cloud computing, hence companies are increasingly relying on technology-based solutions to strengthen business process and offer better products and services.

Healthcare & Pharmaceuticals Industry to Account for Maximum Revenue Share

The healthcare & pharmaceuticals industry is likely to witness the fastest growth in the market through 2026. Healthcare & pharmaceuticals industry is projected to account for more than US$ 900 million revenue by 2026 end. Owing to the better control, improved efficiency, and reduced risk, the healthcare & pharmaceuticals industry are increasingly adopting workflow automation. Hence, companies are also building business workflow automation solution that specifically caters to the healthcare & pharmaceuticals industry.

For more information on this report, please visit: https://www.factmr.com/report/390/business-workflow-automation-market

On-Premise to Emerge as the Largest Platform type

On-premise is likely to witness healthy growth as compared to the cloud-based platform between 2017 and 2026. By 2026 end, on-premise platform is projected to reach close to US$ 3,900 million revenue. An on-premise platform has low cost of ownership as compared to the cloud-based platform. Moreover, on-premise platform does not rely on internet connectivity to access the software. However, on-premise platform takes longer implementation time.

Small & Medium Enterprise to Gain Maximum Traction

Compared to the large enterprise, small & medium enterprise are likely to gain maximum traction in the global market for business workflow automation. Small & medium enterprise are projected to bring in close to US$ 2,700 million revenue by 2026 end. In order to strengthen product development, marketing and business processes, small & medium enterprise are moving towards business workflow automation. Also, implementation of business workflow automation in sectors such as finance and accounting, and supply chain management are underway.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global business workflow automation market through 2026, which include Tibco Software, HCL Technologies, SAS Institute, SAP SE, Nintex Limited, Newgen Software Technologies Limited, IPSoft Inc., Vision Software SA, Appian, Software AG, PegaSystems Inc., Oracle Corporation, IBM Corporation, Kyocera, Canon, Ricoh, HP Inc., Lexmark, OpenText Corporation, and Xerox Corporation.

Make an inquiry for buying this report @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=390

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us            
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.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 Business Workflow Automation Market Expected to Secure Notable Revenue Share during 2017-2026 | Major Players - Tibco Software, HCL Technologies, SAS Institute, SAP SE, Nintex Limited, Newgen Software Technologies Limited, IPSoft Inc., Vision Software SA here

News-ID: 1443997 • Views: 447

More Releases from Fact.MR

11-09-2020 | Health & Medicine
Fact.MR
PCR and Real-time PCR Molecular Diagnostics Market to Surpass US$ 6 Bn by 2030, …
As per data from the World Health Organization, millions of deaths can be attributed to diseases such as cancer and HIV each year. Further, the recent outbreak of the COVID-19 virus has also created massive demand for effective diagnostics processes. The PCR and real-time PCR molecular diagnostics market has been gaining traction in recent years on the back of investments by PCR diagnostic test manufacturers towards the incorporation of molecular
10-05-2020 | Health & Medicine
Fact.MR
Biobanking Market to Soar to US$ 3.5 Bn by 2027, Notes Fact.MR
Biobanks are a type of repository which is used in the storage of biological samples, including human and animal tissues, which primarily find use in research applications. Consequently, the process of biobanking has become a very important part of medical research and has played a major role in modern science fields such as personalized medications, and genomics. The global biobanking market is expected to grow at a healthy CAGR of ~
Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel

All 5 Releases


More Releases for Business

Yorkshire small business wins top business award
Yorkshire based small business Rebel n Rose has won a top business award from former Dragons Den's Theo Paphitis. The company that launched just over a year ago as a online , vegan , cruelty free and zero plastic bath products company was chosen as a Small business Sunday (SBS) winner. Set up by Helen after seeing a gap in the market for luxury but affordable sustainable products . Business founder
Global Interferon Market Business Growth, Business Opportunities, Business Outlo …
Albany, NY, USA / 16 Oct 2018: - A New fresh research report presented by KD Market Insights provides a detailed analysis of “Global Interferon Market Size, Trends, Opportunity and Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges the business
Global Intramuscular Immune Globulin Market Business Growth, Business Opportunit …
Albany, NY, USA / 16 Oct 2018: - A New fresh research report presented by KD Market Insights provides a detailed analysis of “Global Intramuscular Immune Globulin Market Size, Trends, Opportunity and Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges
New Business
PRESS RELEASE FOR IMMEDIATE RELEASE FOR: Jackpot Money, LLC Charlotte, NC - This is to introduce Jackpot Money, LLC. Classified as a tax-preparation company. We use Sweepstakes Promotional Software as our year-round promotion. We offer our services to all Americans above the age of 18. Although we are making breakthroughs through some states that do not allow our services, we will maintain our goal in saving money, and supporting various agencies which
Business Spanish
A school of Spanish for foreigners organizes courses of Business Spanish in preparation to the Official Exams of the Chamber of Commerce and Industry of Madrid. Valencia. Knowing a language also means to know specific vocabularies. The aim of most students of Spanish as a foreign language is not only that of improving their fluency, but also that of widening their vocabulary in specific areas that will be useful for finding
Dropship Business - A Lucrative Online Business
There are many businesses that can be run on the comfort of home but you cannot be assured of profit with every. Thus, a smart entrepreneur always looks for the opportunity that can guarantee a good profit quotient. This attentiveness in thought of business persons brought the concept of dropship business. This is a business that enables you to earn profit without being involved in selling out and shipping small to