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Workflow Management System Market 2017- USD 9.87 billion by 2021

07-06-2017 12:17 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: ReportsandReports

Workflow Management System Market

Workflow Management System Market

Workflow Management System Market by type 2017-2022 by Service spreads across 161 pages profiling 11+ companies and supported with 66 tables and 55 figures available at ReportsnReports.com

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“The increased focus on streamlining businesses processes is expected to drive the workflow management system market”
The workflow management system market size is estimated to grow from USD 3.51 billion in 2016 to USD 9.87 billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 23.0%. The workflow management system market is driven by factors such as increased focus on streamlining business processes, achieving cost efficiency through workflow management, and increased access to information. However, high implementation cost constraints and difficulty in integrating new and legacy systems through workflow limit the growth of the workflow management system market.

“Suite-based workflow systems segment is expected to grow at the highest CAGR during the forecast period”
The organizations are rapidly growing their partnership networks to deploy the workflow management system software across the globe. Thus, the suite-based workflow systems segment is expected to grow at the highest CAGR during the forecast period. Suite-based workflow systems allow users to route individual desktop application files instead of folders of documents and forms. The growth in suite-based workflow systems would also be due to its offerings, such as the suite of integrated office applications - spreadsheet, word processor, email, and presentation.

Workflow Management System Market Analysis, By Component

Introduction
Software
Production Workflow Systems
Messaging-Based Workflow Systems
Web-Based Workflow Systems
Suite-Based Workflow Systems
Others
Services
IT Consulting
Integration and Implementation
Training and Development

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Fundamentals of Table of Content:

8 Market Analysis, By Deployment Type

8.1 Introduction
8.2 Cloud
8.3 On-Premises

12 Company Profiles

(Overview, Products and Services, Financials, Strategy & Development)*
12.1 Introduction
12.2 Xerox Corporation
12.3 IBM Corporation
12.4 Oracle Corporation
12.5 Pegasystems Inc.
12.6 Software AG
12.7 Sourcecode Technology Holdings, Inc.
12.8 Nintex Global Limited
12.9 Bizagi
12.10 Appian
12.11 Newgen Software Technologies Limited

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

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