Business Process Management (BPM) Market: Global Industry Analysis, Growth Drivers and Future Estimation By Allied Market Research
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The global business process management (BPM) market is expected to register substantial growth in the near future, attributed to growth in need for process automation and improved efficiency, need to adhere stringent government regulations and policies, and improve return on investments (RoI) for organizations. Further, advances in cloud computing and Big Data offering increased efficiency in BPM software and increased IT expenditure is expected to offer noticeable growth for the global BPM market. However, resistance to adopt BPM solution by middle management of an organization and lack of clarity about the benefits of BPM solutions among end users hamper the market growth.
The report segments the business process management (BPM) market based on component, functionality, deployment mode, organization size, industry vertical, and geography. As per component, the market is segmented into solution and services. Solution segment is further categorized into process modelling, automation, content & document management, integration, and monitoring & optimization. As per services, the market is segmented into implementation, consulting, and training & education. Based on functionality, the market is studied across accounting and finance, sales and marketing, human resource management, operations & supply chain management, and others.
Based on deployment mode, it is bifurcated into on premise and cloud-based. As per organization size the market is categorized into large and SMEs. As per industry vertical, the market is studied across healthcare, manufacturing, transportation & logistics, energy & utilities, BFSI, public sector, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Global Market Players of Business Process Management (BPM) Market
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o IBM Corporation
o Red Hat Inc.
o Software AG
o Oracle Corporation
o Opentext Inc.
o Microsoft Corporation
o EMC Corp.
o TIBCO Software
o Appian Corp.
Key questions answered in Business Process Management (BPM) Market research study:
o What is the market growth rate of Business Process Management (BPM) Market from 2020-2027?
o What will be the global market size of the market from 2020 to 2027?
o Who are the leading global players in the Business Process Management (BPM) Market?
o What are the current trends and predicted trends?
o What are the challenges faced in the Business Process Management (BPM) Market?
o Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
o Which will be the anticipated growth rates for your own Business Process Management (BPM) Market economy altogether and also for every segment inside?
o Which will be the Business Process Management (BPM) Market application and types and forecast accompanied closely by producers?
o What are the conclusions of the Business Process Management (BPM) Market report?
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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