Business Process Management (BPM) Global Market is Projected to Reach $31.2 Bill Press Release

DUBLIN, July 3, 2023 /PRNewswire/ — The “Business Process Management (BPM): Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

The global market for Business Process Management (BPM) estimated at US$13.2 Billion in the year 2022, is projected to reach a revised size of US$31.2 Billion by 2030, growing at a CAGR of 11.3% over the analysis period 2022-2030.

Platform, one of the segments analyzed in the report, is projected to record 9.9% CAGR and reach US$17 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 13.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.5 Billion, While China is Forecast to Grow at 14.3% CAGR

The Business Process Management (BPM) market in the U.S. is estimated at US$4.5 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2030 trailing a CAGR of 14.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9% and 10.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.

Select Competitors (Total 320 Featured) –

• Adobe Systems Inc.
• Appian Corporation
• ASG Technologies Group, Inc.
• BP Logix, Inc.
• Comindware Inc.
• Fabasoft AG
• Fujitsu Limited
• HP Development Company, L.P
• Hitachi, Ltd.
• IBM Corporation
• Kissflow Inc.
• Microsoft Corporation
• Nintex UK Ltd
• OpenText Corporation
• Oracle Corporation
• Pegasystems Inc.
• SAP SE
• Signavio GmbH
• Software AG
• Tibco Software Inc.
• Ultimus Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed?
• Progress on Vaccinations: Why Should Businesses Care?
• With IMF’s Upward Revision of Global GDP Forecasts, Most Companies are Bullish…

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