Business Process Management (BPM) Market Analysis By Solution (Automation, Process Modelling, Content & Document Management, Monitoring & Optimization, Integration), By Application (BFSI, IT & Telecom, Retail, Manufacturing, Healthcare, Government & Defense), By Deployment (Cloud-based, On-Premise), By End-User (SME, Large Enterprise) And Segment Forecasts To 2024

Published: Aug, 2016 | Pages: 71 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global business process management (BPM) market is expected to reach USD 23.04 billion by 2024, according to a new study by Grand View Research, Inc. The growth is attributed to the increasing number of benefits offered by the BPM solution, including better productivity, ease of use, flexibility, and reduction in the time to wait for customers. The growing need for the integration of key functional areas in an organization is also expected to propel demand over the next eight years. The business process management software exhibits high avenues in various application areas, especially in the IT & telecom and healthcare sectors. This may be due to its capabilities of monitoring individual processes of the entire lifecycle.

Organizations restructuring their business processes are most likely to adopt the BPM software. Several regulations, including ObamaCare and (Single Euro Payments Area) SEPA, are analyzed to significantly catapult the demand over the forecast period. Obamacare focuses on providing affordable health insurance to the U.S. citizens with the introduction of new taxes and tax breaks. The European Union introduced SEPA to simplify the inter-country bank transfers. Security concerns related to the cloud-based BPM solutions are anticipated to hinder the market growth. Additionally, the lack of knowledge in order to successfully implement business process management solutions in an organization is a key challenge for this industry.

Further key findings from the study suggest:

The process modeling and automation solution segment dominated the BPM market in terms of revenue in 2015. This is attributed to the growing need for process improvement in the manufacturing as well as service industry.

The uses of the BPM solutions in the hospital management system, including bed management and patient monitoring, are anticipated to be the key factor fostering growth in the healthcare sector.

The cloud-based BPM solutions are expected to observe a high adoption among SMEs due to their features such as scalability offered at a very low cost. Cloud-based BPaaS providers are expected to target the healthcare sector due to the growing IT spending by hospitals and pharmaceuticals.

Large enterprises dominated the industry accounting for more than 60% of total market revenue share in 2015. The large share is primarily driven by the focus of the enterprise to build central functionality in order to enhance the operational efficiency.

North America dominated the industry with more than 30% share in 2015. This is attributed to its early adoption, primarily in the government and BFSI sectors. Asia Pacific is anticipated to witness a considerable growth owing to the large scale industrialization and emergence of several startups in India, China, and the ASEAN region.

The prominent industry participants include IBM Corp., Microsoft Corp., Oracle Corp., SAP SE, Appian Corp., and PegaSystems Inc. A strong focus on the research & development initiatives is helping solution providers to create its presence in the competitive environment. Merger & acquisition is also anticipated to be a key strategy used to diversify the developer's competency to provide different solutions under a single roof.

 Table of Contents


Chapter 1. Methodology and Scope 
                     1.1. Research Methodology 
                     1.2. Research Scope & Assumptions 
                     1.3. List of Data Sources 
Chapter 2. Executive Summary
                     2.1. BPM - Industry Snapshot and Key Buying Criteria, 2014 - 2024
Chapter 3. BPM Industry Outlook
                     3.1. BPM Market Segmentation
                     3.2. Market Size and Growth Prospects
                     3.3. BPM Value Chain Analysis
                     3.4. BPM Market Dynamics
                        3.4.1. Market driver analysis
                              3.4.1.1. Growing demand for automation of business processes
                              3.4.1.2. Real-time management of business processes
                              3.4.1.3. Increased adoption and dependency on the cloud technology
                        3.4.2. Market Restraint Analysis
                              3.4.2.1. Rigidness of the employees to switch from manual to automated processes
                              3.4.2.2. Security concerns owing to the cloud technology adoption
                              3.4.2.3. Process diversity
                     3.5. BPM - Porter's Analysis
                     3.6. BPM - PESTEL Analysis
Chapter 4. BPM Solution Outlook 
                     4.1. Automation
                        4.1.1. Market estimates and forecast, 2014 - 2024
                     4.2. Process Modelling
                        4.2.1. Market estimates and forecast, 2014 - 2024
                     4.3. Content and Document Management
                        4.3.1. Market estimates and forecast, 2014 - 2024
                     4.4. Monitoring and Optimization
                        4.4.1. Market estimates and forecast, 2014 - 2024
                     4.5. Integration
                        4.5.1. Market estimates and forecast, 2014 - 2024
                     4.6. Others
                        4.6.1. Market estimates and forecast, 2014 - 2024
Chapter 5. BPM Application Outlook 
                     5.1. BFSI
                        5.1.1. Market estimates and forecast, 2014 - 2024
                     5.2. IT 
                        5.2.1. Market estimates and forecast, 2014 - 2024
                     5.3. Retail
                        5.3.1. Market estimates and forecast, 2014 - 2024
                     5.4. Manufacturing
                        5.4.1. Market estimates and forecast, 2014 - 2024
                     5.5. Healthcare
                        5.5.1. Market estimates and forecast, 2014 - 2024
                     5.6. Government and Defense
                        5.6.1. Market estimates and forecast, 2014 - 2024
                     5.7. Others
                        5.7.1. Market estimates and forecast, 2014 - 2024
Chapter 6. BPM Deployment Outlook 
                     6.1. Cloud-based
                        6.1.1. Market estimates and forecast, 2014 - 2024
                     6.2. On-premise
                        6.2.1. Market estimates and forecast, 2014 - 2024
Chapter 7. BPM End-user Outlook 
                     7.1. SMEs
                        7.1.1. Market estimates and forecast, 2014 - 2024
                     7.2. Large Enterprise
                        7.2.1. Market estimates and forecast, 2014 - 2024
Chapter 8. BPM Regional Outlook 
                     8.1. North America
                        8.1.1. Market estimates and forecast by solution, 2014 - 2024
                        8.1.2. Market estimates and forecast by application, 2014 - 2024
                        8.1.3. Market estimates and forecast by deployment, 2014 - 2024
                        8.1.4. Market estimates and forecast by end-user, 2014 - 2024
                        8.1.5. U.S.
                              8.1.5.1. Market estimates and forecast by solution, 2014 - 2024
                              8.1.5.2. Market estimates and forecast by application, 2014 - 2024
                              8.1.5.3. Market estimates and forecast by deployment, 2014 - 2024
                              8.1.5.4. Market estimates and forecast by end-user, 2014 - 2024
                        8.1.6. Canada
                              8.1.6.1. Market estimates and forecast by solution, 2014 - 2024
                              8.1.6.2. Market estimates and forecast by application, 2014 - 2024
                              8.1.6.3. Market estimates and forecast by deployment, 2014 - 2024
                              8.1.6.4. Market estimates and forecast by end-user, 2014 - 2024
                     8.2. Europe
                        8.2.1. Market estimates and forecast by solution, 2014 - 2024
                        8.2.2. Market estimates and forecast by application, 2014 - 2024
                        8.2.3. Market estimates and forecast by deployment, 2014 - 2024
                        8.2.4. Market estimates and forecast by end-user, 2014 - 2024
                        8.2.5. Germany
                              8.2.5.1. Market estimates and forecast by solution, 2014 - 2024
                              8.2.5.2. Market estimates and forecast by application, 2014 - 2024
                              8.2.5.3. Market estimates and forecast by deployment, 2014 - 2024
                              8.2.5.4. Market estimates and forecast by end-user, 2014 - 2024
                        8.2.6. UK
                              8.2.6.1. Market estimates and forecast by solution, 2014 - 2024
                              8.2.6.2. Market estimates and forecast by application, 2014 - 2024
                              8.2.6.3. Market estimates and forecast by deployment, 2014 - 2024
                              8.2.6.4. Market estimates and forecast by end-user, 2014 - 2024
                     8.3. Asia Pacific
                        8.3.1. Market estimates and forecast by solution, 2014 - 2024
                        8.3.2. Market estimates and forecast by application, 2014 - 2024
                        8.3.3. Market estimates and forecast by deployment, 2014 - 2024
                        8.3.4. Market estimates and forecast by end-user, 2014 - 2024
                        8.3.5. China
                              8.3.5.1. Market estimates and forecast by solution, 2014 - 2024
                              8.3.5.2. Market estimates and forecast by application, 2014 - 2024
                              8.3.5.3. Market estimates and forecast by deployment, 2014 - 2024
                              8.3.5.4. Market estimates and forecast by end-user, 2014 - 2024
                        8.3.6. India
                              8.3.6.1. Market estimates and forecast by solution, 2014 - 2024
                              8.3.6.2. Market estimates and forecast by application, 2014 - 2024
                              8.3.6.3. Market estimates and forecast by deployment, 2014 - 2024
                              8.3.6.4. Market estimates and forecast by end-user, 2014 - 2024
                        8.3.7. Japan
                              8.3.7.1. Market estimates and forecast by solution, 2014 - 2024
                              8.3.7.2. Market estimates and forecast by application, 2014 - 2024
                              8.3.7.3. Market estimates and forecast by deployment, 2014 - 2024
                              8.3.7.4. Market estimates and forecast by end-user, 2014 - 2024
                     8.4. Latin America
                        8.4.1. Market estimates and forecast by solution, 2014 - 2024
                        8.4.2. Market estimates and forecast by application, 2014 - 2024
                        8.4.3. Market estimates and forecast by deployment, 2014 - 2024
                        8.4.4. Market estimates and forecast by end-user, 2014 - 2024
                        8.4.5. Brazil
                              8.4.5.1. Market estimates and forecast by solution, 2014 - 2024
                              8.4.5.2. Market estimates and forecast by application, 2014 - 2024
                              8.4.5.3. Market estimates and forecast by deployment, 2014 - 2024
                              8.4.5.4. Market estimates and forecast by end-user, 2014 - 2024
                        8.4.6. Mexico
                              8.4.6.1. Market estimates and forecast by solution, 2014 - 2024
                              8.4.6.2. Market estimates and forecast by application, 2014 - 2024
                              8.4.6.3. Market estimates and forecast by deployment, 2014 - 2024
                              8.4.6.4. Market estimates and forecast by end-user, 2014 - 2024
                     8.5. Middle East & Africa
                        8.5.1. Market estimates and forecast by solution, 2014 - 2024
                        8.5.2. Market estimates and forecast by application, 2014 - 2024
                        8.5.3. Market estimates and forecast by deployment, 2014 - 2024
                        8.5.4. Market estimates and forecast by end-user, 2014 - 2024
Chapter 9. Competitive Landscape 
                     9.1. Adobe Systems
                        9.1.1. Revenue Analysis 
                        9.1.2. Product Benchmarking 
                        9.1.3. Strategic Development
                     9.2. Appian Corp.
                        9.2.1. Revenue Analysis 
                        9.2.2. Product Benchmarking 
                        9.2.3. Strategic Development
                     9.3. Capgemini
                        9.3.1. Revenue Analysis 
                        9.3.2. Product Benchmarking 
                        9.3.3. Strategic Development
                     9.4. Cognizant Technology Solutions Corp.
                        9.4.1. Revenue Analysis 
                        9.4.2. Product Benchmarking 
                        9.4.3. Strategic Development
                     9.5. IBM Corp.
                        9.5.1. Revenue Analysis 
                        9.5.2. Product Benchmarking 
                        9.5.3. Strategic Development
                     9.6. OpenText Corp.
                        9.6.1. Revenue Analysis 
                        9.6.2. Product Benchmarking 
                        9.6.3. Strategic Development
                     9.7. Oracle Corp.
                        9.7.1. Revenue Analysis 
                        9.7.2. Product Benchmarking 
                        9.7.3. Strategic Development
                     9.8. Pegasystems, Inc.
                        9.8.1. Revenue Analysis 
                        9.8.2. Product Benchmarking 
                        9.8.3. Strategic Development
                     9.9. Red Hat, Inc.
                        9.9.1. Revenue Analysis 
                        9.9.2. Product Benchmarking 
                        9.9.3. Strategic Development
                     9.10. SAP SE
                        9.10.1. Revenue Analysis 
                        9.10.2. Product Benchmarking 
                        9.10.3. Strategic Development
                     9.11. Software AG
                        9.11.1. Revenue Analysis 
                        9.11.2. Product Benchmarking 
                        9.11.3. Strategic Development

List of Tables


1. BPM - Industry Summary and Key Buying Criteria, 2014 - 2024
2. BPM market estimates and forecast, 2014 - 2024 (USD Million)
3. BPM market revenue, by region, 2014 - 2024 (USD Million)
4. BPM market revenue, by solution, 2014 - 2024 (USD Million)
5. BPM market revenue, by application, 2014 - 2024 (USD Million)
6. BPM market revenue, by deployment, 2014 - 2024 (USD Million)
7. BPM market revenue, by end-user, 2014 - 2024 (USD Million)
8. BPM - Key market driver analysis
9. BPM - Key market restraint analysis
10. Automation BPM solution market estimates and forecast, 2014 - 2024 (USD Million)
11. Automation BPM solution market estimates and forecast by region, 2014 - 2024 (USD Million)
12. Process modeling BPM solution market estimates and forecast, 2014 - 2024 (USD Million)
13. Process modeling BPM solution market estimates and forecast by region, 2014 - 2024 (USD Million)
14. Content &document management BPM solution market estimates and forecast, 2014 - 2024 (USD Million)
15. Content &document management BPM solution market estimates and forecast by region, 2014 - 2024 (USD Million)
16. Monitoring &optimization BPM solution market estimates and forecast, 2014 - 2024 (USD Million)
17. Monitoring &optimization BPM solution market estimates and forecast by region, 2014 - 2024 (USD Million)
18. Integration BPM solution market estimates and forecast, 2014 - 2024 (USD Million)
19. Integration BPM solution market estimates and forecast by region, 2014 - 2024 (USD Million)
20. Other BPM solutions market estimates and forecast, 2014 - 2024 (USD Million)
21. Other BPM solutions market estimates and forecast by region, 2014 - 2024 (USD Million)
22. BPM market estimates and forecast in BFSI application, 2014 - 2024 (USD Million)
23. BPM market estimates and forecast in BFSI application by region, 2014 - 2024 (USD Million)
24. BPM market estimates and forecast in IT & telecom application, 2014 - 2024 (USD Million)
25. BPM market estimates and forecast in IT & telecom application by region, 2014 - 2024 (USD Million)
26. BPM market estimates and forecast in retail application, 2014 - 2024 (USD Million)
27. BPM market estimates and forecast in retail application by region, 2014 - 2024 (USD Million)
28. BPM market estimates and forecast in manufacturing application, 2014 - 2024 (USD Million)
29. BPM market estimates and forecast in manufacturing application by region, 2014 - 2024 (USD Million)
30. BPM market estimates and forecast in healthcare application, 2014 - 2024 (USD Million)
31. BPM market estimates and forecast in healthcare application by region, 2014 - 2024 (USD Million)
32. BPM market estimates and forecast in government &defense application, 2014 - 2024 (USD Million)
33. BPM market estimates and forecast in government &defense application by region, 2014 - 2024 (USD Million)
34. BPM market estimates and forecast in other applications, 2014 - 2024 (USD Million)
35. BPM market estimates and forecast in other applications by region, 2014 - 2024 (USD Million)
36. Cloud-based BPM market estimates and forecast, 2014 - 2024 (USD Million)
37. Cloud-based BPM market estimates and forecast by region, 2014 - 2024 (USD Million)
38. On-premise BPM market estimates and forecast, 2014 - 2024 (USD Million)
39. On-premise BPM market estimates and forecast by region, 2014 - 2024 (USD Million)
40. BPM market estimates and forecast in SMEs, 2014 - 2024 (USD Million)
41. BPM market estimates and forecast in SMEs by region, 2014 - 2024 (USD Million)
42. BPM market estimates and forecast in large enterprises, 2014 - 2024 (USD Million)
43. BPM market estimates and forecast in large enterprises by region, 2014 - 2024 (USD Million)
44. North America BPM market, by solution, 2014 - 2024 (USD Million)
45. North America BPM market, by application, 2014 - 2024 (USD Million)
46. North America BPM market, by deployment, 2014 - 2024 (USD Million)
47. North America BPM market, by end-user, 2014 - 2024 (USD Million)
48. U.S. BPM market, by solution, 2014 - 2024 (USD Million)
49. U.S. BPM market, by application, 2014 - 2024 (USD Million)
50. U.S. BPM market, by deployment, 2014 - 2024 (USD Million)
51. U.S. BPM market, by end-user, 2014 - 2024 (USD Million)
52. Canada BPM market, by solution, 2014 - 2024 (USD Million)
53. Canada BPM market, by application, 2014 - 2024 (USD Million)
54. Canada BPM market, by deployment, 2014 - 2024 (USD Million)
55. Canada BPM market, by end-user, 2014 - 2024 (USD Million)
56. Europe BPM market, by solution, 2014 - 2024 (USD Million)
57. Europe BPM market, by application, 2014 - 2024 (USD Million)
58. Europe BPM market, by deployment, 2014 - 2024 (USD Million)
59. Europe BPM market, by end-user, 2014 - 2024 (USD Million)
60. Germany BPM market, by solution, 2014 - 2024 (USD Million)
61. Germany BPM market, by application, 2014 - 2024 (USD Million)
62. Germany BPM market, by deployment, 2014 - 2024 (USD Million)
63. Germany BPM market, by end-user, 2014 - 2024 (USD Million)
64. UK BPM market, by solution, 2014 - 2024 (USD Million)
65. UK BPM market, by application, 2014 - 2024 (USD Million)
66. UK BPM market, by deployment, 2014 - 2024 (USD Million)
67. UK BPM market, by end-user, 2014 - 2024 (USD Million)
68. Asia Pacific BPM market, by solution, 2014 - 2024 (USD Million)
69. Asia Pacific BPM market, by application, 2014 - 2024 (USD Million)
70. Asia Pacific BPM market, by deployment, 2014 - 2024 (USD Million)
71. Asia Pacific BPM market, by end-user, 2014 - 2024 (USD Million)
72. China BPM market, by solution, 2014 - 2024 (USD Million)
73. China BPM market, by application, 2014 - 2024 (USD Million)
74. China BPM market, by deployment, 2014 - 2024 (USD Million)
75. China BPM market, by end-user, 2014 - 2024 (USD Million)
76. India BPM market, by solution, 2014 - 2024 (USD Million)
77. India BPM market, by application, 2014 - 2024 (USD Million)
78. India BPM market, by deployment, 2014 - 2024 (USD Million)
79. India BPM market, by end-user, 2014 - 2024 (USD Million)
80. Japan BPM market, by solution, 2014 - 2024 (USD Million)
81. Japan BPM market, by application, 2014 - 2024 (USD Million)
82. Japan BPM market, by deployment, 2014 - 2024 (USD Million)
83. Japan BPM market, by end-user, 2014 - 2024 (USD Million)
84. Latin America BPM market, by solution, 2014 - 2024 (USD Million)
85. Latin America BPM market, by application, 2014 - 2024 (USD Million)
86. Latin America BPM market, by deployment, 2014 - 2024 (USD Million)
87. Latin America BPM market, by end-user, 2014 - 2024 (USD Million)
88. Brazil BPM market, by solution, 2014 - 2024 (USD Million)
89. Brazil BPM market, by application, 2014 - 2024 (USD Million)
90. Brazil BPM market, by deployment, 2014 - 2024 (USD Million)
91. Brazil BPM market, by end-user, 2014 - 2024 (USD Million)
92. Mexico BPM market, by solution, 2014 - 2024 (USD Million)
93. Mexico BPM market, by application, 2014 - 2024 (USD Million)
94. Mexico BPM market, by deployment, 2014 - 2024 (USD Million)
95. Mexico BPM market, by end-user, 2014 - 2024 (USD Million)
96. Middle East & Africa BPM market, by solution, 2014 - 2024 (USD Million)
97. Middle East & Africa BPM market, by application, 2014 - 2024 (USD Million)
98. Middle East & Africa BPM market, by deployment, 2014 - 2024 (USD Million)
99. Middle East & Africa BPM market, by end-user, 2014 - 2024 (USD Million)