Jun 8, 2019
This report on business process management market 2019, magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage during the forecast period 2019-2026.
Dallas , United States - June 8, 2019 /MarketersMedia/ —
The Global Business Process Management Market is accounted for $7.34 billion in 2017 and expected to grow at a CAGR of 15.5% to reach $26.76 billion by 2026. Increasing business organizations, cost efficiency and rising need for automation to reduce the product or service cost are some of the factors propelling the market growth. However, resistance to adoption from the IT staff and the lack of clarity in terms of the value proposition as an IT solution are hindering the market growth.
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Business Process Management (BPM) is the discipline that combines knowledge from information technology and knowledge from management sciences and applies this to operational business processes. These systems are generic software systems that are driven by explicit process designs to enact and manage operational business processes.
By End User, BFSI segment registered significant growth. It enables banks to automate business processes like account opening, lending or payments to optimize. Institutions in the BFSI sector are adopting BPM solutions to deal with immediate process improvements and to tackle different business process improvement initiatives, which will help institutions to target and serve customers better. Amongst Geography, North America acquired the largest market share growth due to the presence of a large number of BPM vendors such as Pega, IBM and Oracle in United States.
Some of the key players in Global Business Process Management market are:
• Oracle Corporation
• Microsoft Biz Talk Server
• IBM Corporation
• Software AG
• Fujitsu
• Capgemini
• Global 360
• Opentext, Inc.
• Appian Corporation
• Adobe
• BP Logix, Inc.
• SAP
• Pegasystems, Inc.
• Fabasoft
• Hewlett Packard
• Red Hat, Inc.
• Tibco Software
• WebMethodsI
• Ultimus
• BizFlow Corp.
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Components Covered:
• Services
• Solution
Organization Sizes Covered:
• Large Enterprise
• Small and Medium Enterprises (SMES)
Deployment Types Covered:
• Cloud
• On-Premises
Business Functions Covered:
• Accounting and Finance
• Human Resources
• Manufacturing
• Operations & Supply Chain Management
• Sales and Marketing
• Supply Chain Management
• Other Business Functions
End Users Covered:
• Energy & Utilities
• Manufacturing
• BFSI (Banking, Financial Services, and Insurance)
• Transportation & Logistics
• Healthcare
• Retail
• Government & Defense
• IT & Telecom
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
Major Point from Table of Content:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Business Process Management Market, By Component
6 Global Business Process Management Market, By Organization Size
7 Global Business Process Management Market, By Deployment Type
8 Global Business Process Management Market, By Business Function
9 Global Business Process Management Market, By End User
10 Global Business Process Management Market, By Geography
11 Key Developments
12 Company Profiling
12.1 Oracle Corporation
12.2 Microsoft Biz Talk Server
12.3 IBM Corporation
12.4 Software AG
12.5 Fujitsu
12.6 Capgemini
12.7 Global 360
12.8 Opentext, Inc.
12.9 Appian Corporation
12.10 Adobe
12.11 BP Logix, Inc.
12.12 SAP
12.13 Pegasystems, Inc.
12.12 Fabasoft
12.15 Hewlett Packard
12.16 Red Hat, Inc.
12.17 Tibco Software
12.18 WebMethodsI
12.19 Ultimus
12.20 BizFlow Corp
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Source: MarketersMedia
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