Process Mining Software Market Global Demand, Sales, Consumption and Forecasts to forecast 2029


Posted July 20, 2023 by dipakmmr

Process mining is a type of software analyses log as well as other data produced by business processes to facilitate improvement process and to identify business automation opportunities.

 
Process Mining Software Market size is expected to grow at 49.2% throughout the forecast period, reaching nearly US$ 15.38 Bn by 2029.

Process Mining Software Market Overview

The research on the Process Mining Software Market is based on the detailed dynamics the Process Mining Software Market . The report covers Market revenue forecasts at global, regional and segment, and national levels. Segment & Region wise Sales forecasting is the main highlight of the report.

Process Mining Software Market Report Scope and Research Methodology

The report on Process Mining Software Market provides an in-depth analysis of the industry. Key highlights of the report include the Market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for Market growth. A detailed PESTEL analysis is also included in the report. The report covers a thorough regional analysis of the Process Mining Software industry at local, regional and global level. Segment wise marker share estimation & Industry potential is also covered.

The Process Mining Software Market was analysed by region, revenue, financial status, portfolio, technological advancement adopted, and mergers and acquisitions. The new entrants & existing players in Market were researched for growth prospects and future business outlooks. The analysis acts as a guide for stakeholders, investors, Market players and followers and new entrants with an overall view of the Market for formulating investment approaches and Market ing tactics. Bottom-up approach was used to estimate the Process Mining Software Market size.

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Process Mining Software Market Regional Insights

The country wise insights of the industry are covered along with the list of key players. The key regions studied are North & South America, Asia Pacific, Europe and Middle East Africa..

Process Mining Software Market Segmentation

The market for process mining software is divided into segments based on organisation size, industrial vertical, deployment, component, and region. Due to the increasing analysis of raw data into streamlined processes across organisations, solution is estimated to account for a significant part of the component market during the forecast period in 2022 and is expected to maintain its dominance over the forecast period.

Due to the differences between the generated business process and optimal processes being able to be detected and non-conformance being able to be shown and visualised, process conformance is the dominant sector among the solutions. On-premises deployment had the highest market share by deployment in 2022 thanks to the upfront licence fee and yearly services contract, which cover the cost of upgrades and the installation of new features.

It can also be accessed remotely from any location. The proliferation of internet-of-things applications is the cause of the expansion of cloud-based apps. It can also be accessed remotely from any location. By industry vertical, the healthcare and life sciences sector held the largest market share in 2022 and is anticipated to maintain its dominance over the forecast period as a result of its assistance in tracking patient journeys, improving patient experiences, and maximising hospital efficiency. Due to significant expenditures in GDPR solutions and services, the sector of large organisations with a large organisation size held the largest market share.

Process Mining Software Key Players

1.Celonis GmbH
2.Datapolis
3.Exeura
4.Fluxicon BV
5.FUJITSU
6.Hyland Software, Inc.
7.Everflow
8.Kofax
9.Minit
10.Cognitive (myInvenio)
11.QPR Software Plc
12.Signavio
13.Software AG
14.UiPath
15.ABBYY
16.FortressIQ
17.SKAN

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Key questions answered in the Process Mining Software Market are:

What is Process Mining Software?
What are the factors driving the Process Mining Software Market growth?
What are the factors are limiting the Process Mining Software Market growth?
What was the Process Mining Software Market size in 2021?
Which trends are expected to generate additional revenue for the Market growth?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Market?
What growth strategies are the players considering to increase their foothold in the Market?
Who held the largest Market share in the Market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Tags process mining software market
Last Updated July 20, 2023