“Business Process Management Market is expected to grow from $4.71 billion in 2014 to $10.73 billion by 2019. This represents a CAGR of 17.9% from 2014 to 2019.”
Business Process Management Market by Solutions (Process Modeling, Automation, Integration, Content & Document Management, and Monitoring & Optimization Management), by End User (SMBs, Enterprises & Large Enterprises) – Global Forecast to 2019The Business Process Management (BPM) market in this report is defined as the software and services that are used by enterprises to optimize the performance of their business process thus helping enterprises to achieve efficiency in their business operations. The BPM market is segmented into solutions, deployment modes, end users, verticals, and regions. The solutions include modeling, automation, integration, content and document management, and monitoring and optimization. The deployment modes include hosted and on-premises.
The end users include Small and Medium Businesses (SMBs), enterprises, and large enterprises. The overall market size of BPM is further distributed into verticals and regions, respectively.The BPM market comprises solutions such as modeling, automation, integration, content and document management, and monitoring and optimization. In 2014, automation accounts for the highest market share followed by content and document management.