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Global Business Process Management Market Outlook to 2026 - The Rising Need for Automation to Reduce Product or Service Cost is Driving Growth - ResearchAndMarkets.com

December 7, 2018

DUBLIN--(BUSINESS WIRE)--Dec 7, 2018--The “Business Process Management - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.

According to this report, the Global Business Process Management market 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.By End-User, the BFSI segment registered significant growth. 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.

Key Topics Covered

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

Oracle CorporationMicrosoft Biz Talk ServerIBM CorporationSoftware AGFujitsuCapgeminiGlobal 360Opentext, Inc.Appian CorporationAdobeBP Logix, Inc.SAPPegasystems, Inc.FabasoftHewlett PackardRed Hat, Inc.Tibco SoftwareWebMethodsUltimusBizFlow Corp.

For more information about this report visit https://www.researchandmarkets.com/research/lwj5ns/global_business?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181207005194/en/

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Related Topics:Information Management

KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/07/2018 08:30 AM/DISC: 12/07/2018 08:30 AM

http://www.businesswire.com/news/home/20181207005194/en

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