openPR Logo
Press release

Business Workflow Automation Market Overview, Trends and Growth Opportunities Forecasted till 2026

02-18-2018 07:30 AM CET | IT, New Media & Software

Press release from: Fact.MR

Fact.MR

Fact.MR

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.

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.

Request Free Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=390

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.

Browse Full Report with TOC-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.

Check Discount- https://www.factmr.com/connectus/sample?flag=D&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 ICT 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

Fact.MR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Telephone: +353-1-6111-593
Email: sales@factmr.com/
Web: https://www.factmr.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 Overview, Trends and Growth Opportunities Forecasted till 2026 here

News-ID: 947373 • Views:

More Releases from Fact.MR

Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decoding
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Key Players: iRobot Corporation, Neato Robotics, Inc., Yujin Robot, Co., Ltd., and Dyson Inc
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke …
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleaners
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
08-29-2025 | Health & Medicine
Fact.MR
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offering
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2034 | Key Players: Johnson & Johnson Services Inc; Teva Pharmaceutical Industries Ltd.; Sun Pharmaceutical Industries Ltd.; Takeda Pharmaceutical Company Limited
08-29-2025 | Health & Medicine
Fact.MR
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 …
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhance

All 5 Releases


More Releases for Software

Takeoff Software Market May See a Big Move | Sage Software, Bluebeam Software, Q …
Latest Study on Industrial Growth of Takeoff Software Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Takeoff Software market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments
Robot Software Market Analysis by Software Types: Recognition Software, Simulati …
The Insight Partners provides you global research analysis on “Robot Software Market” and forecast to 2028. The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Robot Software market during the forecast period, i.e., 2021–2028. Download Sample Pages of this research study at: https://www.theinsightpartners.com/sample/TIPRE00007689/?utm_source=OpenPR&utm_medium=10452
HR Software Market Analysis by Top Key Players Zenefits Software, Kronos Softwar …
HR software automates how companies conduct business with relation to employee management, training and e-learning, performance management, and recruiting and on-boarding. HR professionals benefit from HR software systems by providing a more structured and process oriented approach to completing administrative tasks in a repeatable and scalable manner. Every employee that is added to an organization requires management of information, analysis of data, and ongoing updates as progression throughout the company
HR Software Market by Top Manufacturers – Zenefits Software, Kronos Software, …
Global HR Software market could be classified into different regions and countries for a clear understanding of business prospects available across the globe. This intelligence research study presents a wide-ranging study of the global market by evaluating the growth drivers and detaining factors at length. This detailed study of significant factors supports the market participants in understanding the issues they will be facing while operative in this market over a
HR Software Market by Top Manufacturers – Zenefits Software, Kronos Software, …
Global HR Software market could be classified into different regions and countries for a clear understanding of business prospects available across the globe. This intelligence research study presents a wide-ranging study of the global market by evaluating the growth drivers and detaining factors at length. This detailed study of significant factors supports the market participants in understanding the issues they will be facing while operative in this market over a
HR Software Market Analysis by Top Key Players – Zenefits Software, Kronos Sof …
HR software helps HR personnel automate many necessary tasks, such as maintaining employee records, time tracking, and benefits, which allows HR professionals to focus on recruiting efforts, employee performance and engagement, corporate wellness, company culture, and so on. These human management tools can be purchased and implemented as on premise or cloud-based software. This market studies report on the Global HR Software Market is an all-inclusive study of the enterprise sectors