Business Process Management Market – Global Forecast to 2021


Posted January 18, 2017 by Shirley

Business Process Management Market by Solution, by Service, by Deployment Type, by Organization Size, by Business Function, by Industry Vertical, by Region – Global Forecast to 2021 is a professional and in-depth study.

 
MRRS adds "Business Process Management Market by Solution, by Service, by Deployment Type (Cloud, On-Premises), by Organization Size (SMES, Enterprises), by Business Function, by Industry Vertical, by Region (NA, Europe, APAC, MEA, LA) – Global Forecast to 2021" latest studies, published in January 2017. It is a professional and in-depth study.

“The ability to further improve the efficiency and visibility of the overall business process and adhering to ever increasing government compliances will drive the overall Business Process Management (BPM) market”
The BPM market size is estimated to grow USD 6.96 billion in 2016 to USD 13.52 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 14.2% from 2016 to 2021. The BPM market is driven by factors, such as the need to improve the efficiency and visibility, adhere to increasing government compliance, and to increase the overall Return on Investment (ROI) of the organization.

“BPM solutions are expected to show positive growth trends during the forecast period”
The BPM solutions are expected to dominate the market from 2016 to 2021, with a larger share than the BPM services, due to growing business compliance challenges faced by the organizations worldwide. Furthermore, due to future saturation in the solutions segment in the developed economies and variation in global governmental regulations and radiation norms & regulations, the demand for integration and consult services is expected to gain traction in the next five years.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. Break-up of profile of the primary participants is as follows:
• By Company Type: Tier 1 – 20 %, Tier 2 – 42% and Tier 3 – 38%
• By Designation: C level – 55 %, Director level – 26%, Others – 19%
• By Region: North America – 47 %, Europe – 32%, APAC – 21%

Due to rise in the demand for integrated BPM solutions and increasing adoption of cloud-based solutions, the BPM market finds huge growth opportunities in the next five years.
The various key BPM vendors profiled in the report are as follows:
1. IBM Corporation
2. Appian Corporation
3. Oracle Corporation
4. Red Hat, Inc.
5. Software AG
6. Pegasystems
7. TIBCO Software
8. K2
9. OpenText
10. BPLogix

Table Of Contents
1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.2 YEARS CONSIDERED FOR THE STUDY 14
1.4 CURRENCY 15
1.5 LIMITATIONS 15
1.6 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 17
2.1.2.1 Key data from primary sources 18
2.1.2.2 Key industry insights 19
2.1.2.3 Breakdown of primary interviews 19
2.2 MARKET SIZE ESTIMATION 20
2.2.1 BOTTOM-UP APPROACH 20
2.2.2 TOP-DOWN APPROACH 21
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 22
2.4 RESEARCH ASSUMPTIONS 23
3 EXECUTIVE SUMMARY 24
4 PREMIUM INSIGHTS 28
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL BUSINESS PROCESS MANAGEMENT MARKET 28
4.2 BUSINESS PROCESS MANAGEMENT GLOBAL MARKET: BY INDUSTRY VERTICAL AND BY REGION 29
4.3 LIFECYCLE ANALYSIS, BY REGION, 2016 30
5 MARKET OVERVIEW 31
5.1 INTRODUCTION 32
5.2 MARKET EVOLUTION 32
5.3 MARKET SEGMENTATION 33
5.3.1 BY IT SOLUTION 33
5.3.2 BY IT SERVICE 33
...

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Last Updated January 18, 2017