Global Process Analytics Service Market 2025 Analysis By Top Companies are Timelinepi, Scheer, Celonis, Fluxicon, Icaro Tech, Kofax, Worksoft, QPR Software, Cognitive Technology, Signavio, SNP, Software AG, Fujitsu, Kofax, CA Technologies

The global process analytics service market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of process analytics service market for global, Europe, North America, Asia Pacific and South America.

The renowned players in process analytics service market are Lana Labs, Minit, Logpickr, Timelinepi, Scheer, Monkey Mining, Celonis, Fluxicon, Icaro Tech, Kofax, Worksoft, Puzzle Data, QPR Software, Cognitive Technology, Signavio, SNP, Your Data, Process Mining Group, Software AG, Fujitsu, Kofax, CA Technologies and many more.

Global Process Analytics Service Market is expected to reach USD 3218.1 million by 2025 from USD 124.9 million in 2017 and is projected to grow at a CAGR of 50.1% in the forecast period of 2018 to 2025.

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Process analytics is used for improving the understanding of the system alongside deciding the potential focuses for process improvement by removing waste and increase efficiency. It also refers to a detailed breakdown of the phases of the procedure for conveying input and output at each phase. Implementation of digital transformation will create awareness for analyzing and accepting business process. Moreover, it is collaboration between process analytics and Enterprise Resource Planning (ERP) vendors. For instance, in 2018, Software AG launched a strategic partnership with GFT’s consultancy expertise. It provides digital platform for innovation and industrial production. According to Statista, in 2017, the IT process was projected to reach around USD 200 billion worldwide by 2019.

The market is based on process mining type, deployment type, organization size, application and geographical segments.

Based on process mining type, the market is segmented into process discovery, conformance and enhancement.

Based on deployment type, the market is segmented into on-premises, cloud.

Based on organization size, the market is segmented into small and medium-sized enterprises, large enterprises.

Based on application, the market is segmented into business process, information technology process, customer interaction.

Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Market Drivers and Restraints:

• Rise in the implementation of task-level automation

• Raising need for enhance process auditing and compliance

• Increasing collaborations between process analytics and ERP vendors

• Lack of skills and expertise

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Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

Highlights of the Global Process Analytics Service Market

1. To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders

2. To describe and forecast the market, in terms of value, for various segments, by region North America, South America, Europe, Asia-Pacific, Middle East and Africa

3. Key parameters which are driving this market and restraining its growth

4. What all challenges manufacturers will face as well as new opportunities and threats faced by them.

5. Learn about the market strategies that are being adopted by your competitors and leading organizations

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This release was published on openPR.