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Global Business Process Management Market 2020, by Services, Solution, Business Functions, Company Profiles, Application, Trends, and Investment Opportunities to 2026

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May 16, 2020 (Daily Market Journal via Comtex) -- 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.

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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 and BizFlow Corp.

Components Covered:

Organization Sizes Covered:
Large Enterprise
Small and Medium Enterprises (SMES)

Deployment Types Covered:

Business Functions Covered:
Accounting and Finance
Human Resources
Operations & Supply Chain Management
Sales and Marketing
Supply Chain Management
Other Business Functions

End Users Covered:
Energy & Utilities
BFSI (Banking, Financial Services, and Insurance)
Transportation & Logistics
Government & Defense
IT & Telecom
Other End Users

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Business Process Management Market, By Component
5.1 Introduction
5.2 Services
5.2.1 Consulting
5.2.2 System Integration
5.2.3 Training and Education
5.3 Solution
5.3.1 Automation
5.3.2 Content and Document Management
5.3.3 Integration
5.3.4 Monitoring and Optimization
5.3.5 Process Modelling
5.3.6 Other Solutions

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The post Global Business Process Management Market 2020, by Services, Solution, Business Functions, Company Profiles, Application, Trends, and Investment Opportunities to 2026 appeared first on Dailymarketjournals .


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