Reports

Sale

Business Process Management Market

Global Business Process Management Market Size, Forecast: By Component: Platform, Services; By Deployment Model: On-Premises, Cloud; By Organisation Size: Large Enterprises, Small and Medium Enterprises; By Business Function: Human Resource Management, Others; By End Use; Regional Analysis; Competitive Landscape; 2024-2032

Global Business Process Management Market Outlook

The global business process management market size reached approximately USD 15.21 billion in 2023. The market is estimated to grow at a CAGR of 11.1% in the forecast period of 2024-2032, reaching a value of around USD 39.35 billion by 2032.

 

Key Trends in the Market

Business process management is an approach to identify, evaluate, optimise, and measure business processes. BPM coordinates people, input, output, workflow, information, and technology to produce a specific business outcome and enhance its operational efficiency and customer experience.

 

  • The growing deployment of BPM in the healthcare sector to streamline tasks, improve performance efficiency, enhance clinical procedures, ensure compliance and risk management, and reduce delays and errors is one of the prominent business process management market trends.
  • Market players are taking strategic initiatives such as the launch of new BPM labs with world-class facilities, mergers and partnerships to develop smart process management, and collaborative efforts to accelerate digital BPM.
  • The rising integration of innovative technologies such as artificial intelligence (AI) and machine learning (ML) to automate repetitive and mundane tasks, enhance customer experience, improve cost-efficiency, and minimise manual errors provide impetus to the business process management market growth. Furthermore, businesses are adopting cloud technology-based BPM software to collaborate, improve scalability, and boost operational efficiency.

 

Market Analysis

Based on the component, the market is bifurcated into platform and services. On the basis of the deployment model, the market is classified into on-premises and cloud. The business process management market segmentation, on the basis of organisation size, includes large enterprises and small and medium enterprises.

 

Based on business function, the market is categorised into human resource management (HRM), procurement and supply chain management (SCM), sales and marketing, accounting and finance, and customer service support, among others.

 

On the basis of end use, the business process management market is divided into IT and telecommunication, retail and consumer goods, government and defence, healthcare and life sciences, BFSI, and manufacturing, among others. The major regional markets of business process management are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the business process management market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

 

  • Microsoft Corporation  
  • IBM Corporation  
  • Appian Corporation 
  • Oracle Corporation  
  • TIBCO Software Inc. 
  • Bizagi Group Limited  
  • Cavintek, Inc. (Cflow)  
  • Open Text Corporation  
  • Newgen Software Technologies Limited.  
  • BP Logix, Inc. 
  • Kissflow Inc.  
  • Others

 

Market Share by Organisation Size

Small or medium-sized organisations occupy a significant portion of the business process management market share owing to the large number of companies offering specialised BPM solutions for these organisations. SMEs are adopting BPM tools and solutions to automate business tasks and increase the productivity of the workforce. Moreover, BPM tools offer features such as effective collaboration and communication while streamlining various processes. Additionally, the implementation of AI-based intelligence BPM in businesses provides a positive outlook to the market.

 

Market Share by Region

As per the business process management market analysis, North America accounts for a sizeable share of the global market due to the rapid adoption of the latest technologies by businesses. Many organisations in the region are deploying BPM-based software and tools to enhance the efficiency of their business processes and improve the overall output. Furthermore, the BFSI sector in the region is incorporating BPM to automate tasks such as opening new accounts, lending loans, risk management, and customer enquiry and support.

 

Competitive Landscape

Microsoft Corporation is a multinational technology company that was founded in 1975 and headquartered in Washington, the United States. It is widely known for its operating system, Microsoft Windows, and Office business suite.

 

IBM Corporation, established in 1911, is a global leader in computer technology, with its headquarters in New York, the United States. It offers its products and services to aid its clients with their business processes.

 

Appian Corporation is a cloud computing corporation, incorporated in 1999 and based in Virginia, the United States. The company offers a low code automation platform for building applications and managing workflows.

 

Other business process management market players include Oracle Corporation, TIBCO Software Inc., Bizagi Group Limited, Cavintek, Inc. (Cflow), Open Text Corporation, Newgen Software Technologies Limited., BP Logix, Inc., and Kissflow Inc., among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component
  • Deployment Model
  • Organisation Size
  • Business Function
  • End Use
  • Region
Breakup by Component
  • Platform
  • Services
Breakup by Deployment Model
  • On-Premises
  • Cloud
Breakup by Organisation Size
  • Large Enterprises
  • Small and Medium Enterprises
Breakup by Business Function
  • Human Resource Management (HRM)
  • Procurement and Supply Chain Management (SCM)
  • Sales and Marketing
  • Accounting and Finance
  • Customer Service Support
  • Others
Breakup by End Use
  • IT and Telecommunication
  • Retail and Consumer Goods
  • Government and Defence
  • Healthcare and Life Sciences
  • BFSI
  • Manufacturing
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Microsoft Corporation  
  • IBM Corporation  
  • Appian Corporation 
  • Oracle Corporation  
  • TIBCO Software Inc. 
  • Bizagi Group Limited  
  • Cavintek, Inc. (Cflow)  
  • Open Text Corporation  
  • Newgen Software Technologies Limited.  
  • BP Logix, Inc. 
  • Kissflow Inc.  
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description   
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Business Process Management Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Business Process Management Historical Market (2018-2023) 
    8.3    Global Business Process Management Market Forecast (2024-2032)
    8.4    Global Business Process Management Market by Component
        8.4.1    Platform
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Services
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Business Process Management Market by Deployment Model
        8.5.1    On-Premises
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Cloud
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Business Process Management Market by Organisation Size
        8.6.1    Large Enterprises
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Small and Medium Enterprises
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Business Process Management Market by Business Function
        8.7.1    Human Resource Management (HRM)
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Procurement and Supply Chain Management (SCM)
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Sales and Marketing
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Accounting and Finance
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Customer Service Support
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
        8.7.6    Others
    8.8    Global Business Process Management Market by End Use
        8.8.1    IT and Telecommunication
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Retail and Consumer Goods
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Government and Defence
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Healthcare and Life Sciences
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    BFSI
            8.8.5.1    Historical Trend (2018-2023)
            8.8.5.2    Forecast Trend (2024-2032)
        8.8.6    Manufacturing
            8.8.6.1    Historical Trend (2018-2023)
            8.8.6.2    Forecast Trend (2024-2032)
        8.8.7    Others
    8.9    Global Business Process Management Market by Region
        8.9.1    North America
            8.9.1.1    Historical Trend (2018-2023)
            8.9.1.2    Forecast Trend (2024-2032)
        8.9.2    Europe
            8.9.2.1    Historical Trend (2018-2023)
            8.9.2.2    Forecast Trend (2024-2032)
        8.9.3    Asia Pacific
            8.9.3.1    Historical Trend (2018-2023)
            8.9.3.2    Forecast Trend (2024-2032)
        8.9.4    Latin America
            8.9.4.1    Historical Trend (2018-2023)
            8.9.4.2    Forecast Trend (2024-2032)
        8.9.5    Middle East and Africa
            8.9.5.1    Historical Trend (2018-2023)
            8.9.5.2    Forecast Trend (2024-2032)
9    North America Business Process Management Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Business Process Management Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Business Process Management Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Business Process Management Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Business Process Management Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price  
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Microsoft Corporation 
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    IBM Corporation 
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Appian Corporation
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Oracle Corporation 
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    TIBCO Software Inc.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Bizagi Group Limited 
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Cavintek, Inc. (Cflow) 
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Open Text Corporation 
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Newgen Software Technologies Limited. 
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    BP Logix, Inc.
            15.2.10.1    Company Overview
            15.2.10.2    Product Portfolio
            15.2.10.3    Demographic Reach and Achievements
            15.2.10.4    Certifications
        15.2.11    Kissflow Inc. 
            15.2.11.1    Company Overview
            15.2.11.2    Product Portfolio
            15.2.11.3    Demographic Reach and Achievements
            15.2.11.4    Certifications
        15.2.12    Other
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Business Process Management Market: Key Industry Highlights, 2018 and 2032
2.    Global Business Process Management Historical Market: Breakup by Component (USD Billion), 2018-2023
3.    Global Business Process Management Market Forecast: Breakup by Component (USD Billion), 2024-2032
4.    Global Business Process Management Historical Market: Breakup by Deployment (USD Billion), 2018-2023
5.    Global Business Process Management Market Forecast: Breakup by Deployment (USD Billion), 2024-2032
6.    Global Business Process Management Historical Market: Breakup by Organisation Size (USD Billion), 2018-2023
7.    Global Business Process Management Market Forecast: Breakup by Organisation Size (USD Billion), 2024-2032
8.    Global Business Process Management Historical Market: Breakup by Business Function (USD Billion), 2018-2023
9.    Global Business Process Management Market Forecast: Breakup by Business Function (USD Billion), 2024-2032
10.    Global Business Process Management Historical Market: Breakup by End Use (USD Billion), 2018-2023
11.    Global Business Process Management Market Forecast: Breakup by End Use (USD Billion), 2024-2032
12.    Global Business Process Management Historical Market: Breakup by Region (USD Billion), 2018-2023
13.    Global Business Process Management Market Forecast: Breakup by Region (USD Billion), 2024-2032
14.    North America Business Process Management Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    North America Business Process Management Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Europe Business Process Management Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Europe Business Process Management Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Asia Pacific Business Process Management Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Asia Pacific Business Process Management Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Latin America Business Process Management Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Latin America Business Process Management Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Middle East and Africa Business Process Management Historical Market: Breakup by Country (USD Billion), 2018-2023
23.    Middle East and Africa Business Process Management Market Forecast: Breakup by Country (USD Billion), 2024-2032
24.    Global Business Process Management Market Structure

Key Questions Answered in the Report

What was the business process management market value in 2023?

In 2023, the market reached an approximate value of USD 15.21 billion.

What is the growth rate of the business process management market?

The market is projected to grow at a CAGR of 11.1% between 2024 and 2032.

What is the forecast outlook of the business process management market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 39.35 billion by 2032.

What are the major market drivers?

The major market drivers are increased digitalisation of business processes and improved scalability and compliance and security management offered by business process management.

What are the key trends of the market?

The key trends of the market include the growing deployment of BPM in the healthcare sector, strategic initiatives by market players, and technological advancements.

What are the major regional markets for business process management, according to the report?

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the different components of business process management?

Different components are platform and services.

Who are the key market players, according to the business process management market report?

The key players in the market are Microsoft Corporation, IBM Corporation, Appian Corporation, Oracle Corporation, TIBCO Software Inc., Bizagi Group Limited, Cavintek, Inc. (Cflow), Open Text Corporation, Newgen Software Technologies Limited., BP Logix, Inc., and Kissflow Inc., among others.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER