NEW YORK, July 1, 2022 /PRNewswire/ — Business process management as a service (BPMaaS) refers to software solutions that enable enterprises to implement BPM in order to increase the efficiency of business workflows.

The Business Process Management as a Service (BPMaaS) Market size is expected to increase by USD 19.56 billion from 2020 to 2025, with an accelerated CAGR of 28.01%, according to the recent market study by Technavio.

  • BFSI: The market vendors should focus on grabbing business opportunities from the BFSI segment under the end-users category as it accounted for the largest market share in the base year. The deployment of BPM solutions has become crucial for BFSI companies to increase operational efficiency through process orchestration and the integration of front, middle, and back-office departments. BFSI enterprises are using BPMaaS solutions to increase their capability in managing workflows.

  • Manufacturing

  • Retail

  • Others

  • On-premises

  • Cloud-based

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The report also provides Value Chain Analysis which helps companies gain a competitive advantage in the market. The Business Process Management as a Service (BPMaaS) Market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

Download a Sample: for more additional information about the Business Process Management as a Service (BPMaaS) Market

The business process management as a service (BPMaaS) market is fragmented, and the vendors are deploying growth strategies such as product launches and business expansions to compete in the market. Some of the key vendors in the market include Accenture Plc, Appian Corp., BP Logix Inc., International Business Machines Corp., Open Text Corp., Oracle Corp., Pegasystems Inc., SAP SE, Software AG, and TIBCO Software Inc., among others. The key offerings of some of the vendors are listed below:

  • Accenture Plc – As the key product, the company offers a business process management solution suite proven to optimize the workflow.
  • Appian Corp. – The company offers Business Process Management Suite covering the Four Aspects of BPM in a Circle – Design, Execute, Optimize and Manage.
  • BP Logix Inc. – The company offers the business process solution suite with AI decision-making.

Find additional highlights on the vendors and their product offerings. Download a Sample Report

  • Business Process Management as a Service (BPMaaS) Market Driver:

  • Increasing demand for process automation:Enterprises need to automate business processes and meet evolving customer demands, which is expected to drive the adoption of technologies such as BPM, RPA, and AI during the forecast period. Moreover, enterprises across the verticals such as BFSI, retail, and manufacturing are implementing BPMaaS solutions to automate internal and external processes.

  • Business Process Management as a Service (BPMaaS) Market Challenge:

  • Data security and privacy issues:The interconnection of various technologies and the deployment of BPM on the cloud are raising data and device security concerns. Moreover, the rising engagement of multiple vendors in storing data on public cloud or in multi-cloud environments increases the risk of cyberattacks. Hence, enterprises need to explore the ways to secure their data when implementing BPMaaS solutions, which can hinder the market growth.

Find additional information about various other market Drivers & Challenges entioned in our sample report.

  • Increasing demand for process automation:Enterprises need to automate business processes and meet evolving customer demands, which is expected to drive the adoption of technologies such as BPM, RPA, and AI during the forecast period. Moreover, enterprises across the verticals such as BFSI, retail, and manufacturing are implementing BPMaaS solutions to automate internal and external processes.

  • Data security and privacy issues:The interconnection of various technologies and the deployment of BPM on the cloud are raising data and device security concerns. Moreover, the rising engagement of multiple vendors in storing data on public cloud or in multi-cloud environments increases the risk of cyberattacks. Hence, enterprises need to explore the ways to secure their data when implementing BPMaaS solutions, which can hinder the market growth.

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1 Executive Summary

Business Process Management As A Service (BPMaaS) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 28.01%

Market growth 2021-2025

USD 19.56 billion

Market structure

Fragmented

YoY growth (%)

10.77

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 39%

Key consumer countries

US, Germany, China, Japan, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accenture Plc, Appian Corp., BP Logix Inc., International Business Machines Corp., Open Text Corp., Oracle Corp., Pegasystems Inc., SAP SE, Software AG, and TIBCO Software Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

2 Market Landscape

  • 2.1 Market ecosystem

  • Exhibit 01: Parent market

  • Exhibit 02: Market characteristics

  • 2.2 Value chain analysis

  • Exhibit 03: Value Chain Analysis: Systems software market

3 Market Sizing

  • Exhibit 01: Parent market

  • Exhibit 02: Market characteristics

  • Exhibit 03: Value Chain Analysis: Systems software market

  • 3.1 Market definition

  • Exhibit 04: Offerings of vendors included in the market definition

  • 3.2 Market segment analysis

  • Exhibit 05: Market segments

  • 3.3 Market size 2020

  • 3.4 Market outlook: Forecast for 2020 – 2025

  • Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)

  • Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

4 Five Forces Analysis

  • Exhibit 04: Offerings of vendors included in the market definition

  • Exhibit 05: Market segments

  • Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)

  • Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

  • 4.1 Five force summary

  • Exhibit 08: Five forces analysis 2020 & 2025

  • 4.2 Bargaining power of buyers

  • Exhibit 09: Bargaining power of buyers

  • 4.3 Bargaining power of suppliers

  • Exhibit 10: Bargaining power of suppliers

  • 4.4 Threat of new entrants

  • Exhibit 11: Threat of new entrants

  • 4.5 Threat of substitutes

  • Exhibit 12: Threat of substitutes

  • 4.6 Threat of rivalry

  • Exhibit 13: Threat of rivalry

  • 4.7 Market condition

  • Exhibit 14: Market condition – Five forces 2020

5 Market Segmentation by End-user

  • Exhibit 08: Five forces analysis 2020 & 2025

  • Exhibit 09: Bargaining power of buyers

  • Exhibit 10: Bargaining power of suppliers

  • Exhibit 11: Threat of new entrants

  • Exhibit 12: Threat of substitutes

  • Exhibit 13: Threat of rivalry

  • Exhibit 14: Market condition – Five forces 2020

  • 5.1 Market segments

  • 5.2 Comparison by End-user

  • 5.3 BFSI – Market size and forecast 2020-2025

  • Exhibit 17: BFSI – Market size and forecast 2020-2025 ($ million)

  • Exhibit 18: BFSI – Year-over-year growth 2020-2025 (%)

  • 5.4 Manufacturing – Market size and forecast 2020-2025

  • Exhibit 19: Manufacturing – Market size and forecast 2020-2025 ($ million)

  • Exhibit 20: Manufacturing – Year-over-year growth 2020-2025 (%)

  • 5.5 Retail – Market size and forecast 2020-2025

  • Exhibit 21: Retail – Market size and forecast 2020-2025 ($ million)

  • Exhibit 22: Retail – Year-over-year growth 2020-2025 (%)

  • 5.6 Others – Market size and forecast 2020-2025

  • Exhibit 23: Others – Market size and forecast 2020-2025 ($ million)

  • Exhibit 24: Others – Year-over-year growth 2020-2025 (%)

  • 5.7 Market opportunity by End-user

  • Exhibit 25: Market opportunity by End-user

6 Market Segmentation by Deployment

  • Exhibit 17: BFSI – Market size and forecast 2020-2025 ($ million)

  • Exhibit 18: BFSI – Year-over-year growth 2020-2025 (%)

  • Exhibit 19: Manufacturing – Market size and forecast 2020-2025 ($ million)

  • Exhibit 20: Manufacturing – Year-over-year growth 2020-2025 (%)

  • Exhibit 21: Retail – Market size and forecast 2020-2025 ($ million)

  • Exhibit 22: Retail – Year-over-year growth 2020-2025 (%)

  • Exhibit 23: Others – Market size and forecast 2020-2025 ($ million)

  • Exhibit 24: Others – Year-over-year growth 2020-2025 (%)

  • Exhibit 25: Market opportunity by End-user

  • 6.1 Market segments

  • Exhibit 26: Deployment – Market share 2020-2025 (%)

  • 6.2 Comparison by Deployment

  • Exhibit 27: Comparison by Deployment

  • 6.3 On-premises – Market size and forecast 2020-2025

  • Exhibit 28: On-premises – Market size and forecast 2020-2025 ($ million)

  • Exhibit 29: On-premises – Year-over-year growth 2020-2025 (%)

  • 6.4 Cloud-based – Market size and forecast 2020-2025

  • Exhibit 30: Cloud-based – Market size and forecast 2020-2025 ($ million)

  • Exhibit 31: Cloud-based – Year-over-year growth 2020-2025 (%)

  • 6.5 Market opportunity by Deployment

  • Exhibit 32: Market opportunity by Deployment

7 Customer landscape

  • Exhibit 26: Deployment – Market share 2020-2025 (%)

  • Exhibit 27: Comparison by Deployment

  • Exhibit 28: On-premises – Market size and forecast 2020-2025 ($ million)

  • Exhibit 29: On-premises – Year-over-year growth 2020-2025 (%)

  • Exhibit 30: Cloud-based – Market size and forecast 2020-2025 ($ million)

  • Exhibit 31: Cloud-based – Year-over-year growth 2020-2025 (%)

  • Exhibit 32: Market opportunity by Deployment

8 Geographic Landscape

  • 8.1 Geographic segmentation

  • Exhibit 34: Market share by geography 2020-2025 (%)

  • 8.2 Geographic comparison

  • Exhibit 35: Geographic comparison

  • 8.3 North America – Market size and forecast 2020-2025

  • Exhibit 36: North America – Market size and forecast 2020-2025 ($ million)

  • Exhibit 37: North America – Year-over-year growth 2020-2025 (%)

  • 8.4 Europe – Market size and forecast 2020-2025

  • Exhibit 38: Europe – Market size and forecast 2020-2025 ($ million)

  • Exhibit 39: Europe – Year-over-year growth 2020-2025 (%)

  • 8.5 APAC – Market size and forecast 2020-2025

  • Exhibit 40: APAC – Market size and forecast 2020-2025 ($ million)

  • Exhibit 41: APAC – Year-over-year growth 2020-2025 (%)

  • 8.6 South America – Market size and forecast 2020-2025

  • 8.7 MEA – Market size and forecast 2020-2025

  • Exhibit 44: MEA – Market size and forecast 2020-2025 ($ million)

  • Exhibit 45: MEA – Year-over-year growth 2020-2025 (%)

  • 8.8 Key leading countries

  • Exhibit 46: Key leading countries

  • 8.9 Market opportunity by geography

  • Exhibit 47: Market opportunity by geography

9 Drivers, Challenges, and Trends

  • Exhibit 34: Market share by geography 2020-2025 (%)

  • Exhibit 35: Geographic comparison

  • Exhibit 36: North America – Market size and forecast 2020-2025 ($ million)

  • Exhibit 37: North America – Year-over-year growth 2020-2025 (%)

  • Exhibit 38: Europe – Market size and forecast 2020-2025 ($ million)

  • Exhibit 39: Europe – Year-over-year growth 2020-2025 (%)

  • Exhibit 40: APAC – Market size and forecast 2020-2025 ($ million)

  • Exhibit 41: APAC – Year-over-year growth 2020-2025 (%)

  • Exhibit 44: MEA – Market size and forecast 2020-2025 ($ million)

  • Exhibit 45: MEA – Year-over-year growth 2020-2025 (%)

  • Exhibit 46: Key leading countries

  • Exhibit 47: Market opportunity by geography

  • 9.1 Market drivers

  • 9.2 Market challenges

  • Exhibit 48: Impact of drivers and challenges

  • 9.3 Market trends

10 Vendor Landscape

  • Exhibit 48: Impact of drivers and challenges

  • 10.1 Competitive scenario

  • 10.2 Vendor landscape

  • Exhibit 49: Vendor landscape

  • 10.3 Landscape disruption

  • Exhibit 50: Landscape disruption

  • Exhibit 51: Industry risks

11 Vendor Analysis

  • Exhibit 49: Vendor landscape

  • Exhibit 50: Landscape disruption

  • Exhibit 51: Industry risks

  • 11.1 Vendors covered

  • Exhibit 52: Vendors covered

  • 11.2 Market positioning of vendors

  • Exhibit 53: Market positioning of vendors

  • 11.3 Accenture Plc

  • Exhibit 54: Accenture Plc – Overview

  • Exhibit 55: Accenture Plc – Business segments

  • Exhibit 56: Accenture Plc – Key offerings

  • Exhibit 57: Accenture Plc – Segment focus

  • 11.4 Appian Corp.

  • Exhibit 58: Appian Corp. – Overview

  • Exhibit 59: Appian Corp. – Business segments

  • Exhibit 60: Appian Corp. – Key news

  • Exhibit 61: Appian Corp. – Key offerings

  • Exhibit 62: Appian Corp. – Segment focus

  • 11.5 BP Logix Inc.

  • Exhibit 63: BP Logix Inc. – Overview

  • Exhibit 64: BP Logix Inc. – Product and service

  • Exhibit 65: BP Logix Inc. – Key offerings

  • 11.6 International Business Machines Corp.

  • Exhibit 66: International Business Machines Corp. – Overview

  • Exhibit 67: International Business Machines Corp. – Business segments

  • Exhibit 68: International Business Machines Corp. – Key news

  • Exhibit 69: International Business Machines Corp. – Key offerings

  • Exhibit 70: International Business Machines Corp. – Segment focus

  • 11.7 Open Text Corp.

  • Exhibit 71: Open Text Corp. – Overview

  • Exhibit 72: Open Text Corp. – Business segments

  • Exhibit 73: Open Text Corp. – Key offerings

  • 11.8 Oracle Corp.

  • Exhibit 74: Oracle Corp. – Overview

  • Exhibit 75: Oracle Corp. – Business segments

  • Exhibit 76: Oracle Corp. – Key offerings

  • Exhibit 77: Oracle Corp. – Segment focus

  • 11.9 Pegasystems Inc.

  • Exhibit 78: Pegasystems Inc. – Overview

  • Exhibit 79: Pegasystems Inc. – Product and service

  • Exhibit 80: Pegasystems Inc. – Key offerings

  • 11.10 SAP SE

  • Exhibit 81: SAP SE – Overview

  • Exhibit 82: SAP SE – Business segments

  • Exhibit 83: SAP SE – Key offerings

  • Exhibit 84: SAP SE – Segment focus

  • 11.11 Software AG

  • Exhibit 85: Software AG – Overview

  • Exhibit 86: Software AG – Business segments

  • Exhibit 87: Software AG – Key offerings

  • Exhibit 88: Software AG – Segment focus

  • 11.12 TIBCO Software Inc.

  • Exhibit 89: TIBCO Software Inc. – Overview

  • Exhibit 90: TIBCO Software Inc. – Product and service

  • Exhibit 91: TIBCO Software Inc. – Key offerings

12 Appendix

  • Exhibit 52: Vendors covered

  • Exhibit 53: Market positioning of vendors

  • Exhibit 54: Accenture Plc – Overview

  • Exhibit 55: Accenture Plc – Business segments

  • Exhibit 56: Accenture Plc – Key offerings

  • Exhibit 57: Accenture Plc – Segment focus

  • Exhibit 58: Appian Corp. – Overview

  • Exhibit 59: Appian Corp. – Business segments

  • Exhibit 60: Appian Corp. – Key news

  • Exhibit 61: Appian Corp. – Key offerings

  • Exhibit 62: Appian Corp. – Segment focus

  • Exhibit 63: BP Logix Inc. – Overview

  • Exhibit 64: BP Logix Inc. – Product and service

  • Exhibit 65: BP Logix Inc. – Key offerings

  • Exhibit 66: International Business Machines Corp. – Overview

  • Exhibit 67: International Business Machines Corp. – Business segments

  • Exhibit 68: International Business Machines Corp. – Key news

  • Exhibit 69: International Business Machines Corp. – Key offerings

  • Exhibit 70: International Business Machines Corp. – Segment focus

  • Exhibit 71: Open Text Corp. – Overview

  • Exhibit 72: Open Text Corp. – Business segments

  • Exhibit 73: Open Text Corp. – Key offerings

  • Exhibit 74: Oracle Corp. – Overview

  • Exhibit 75: Oracle Corp. – Business segments

  • Exhibit 76: Oracle Corp. – Key offerings

  • Exhibit 77: Oracle Corp. – Segment focus

  • Exhibit 78: Pegasystems Inc. – Overview

  • Exhibit 79: Pegasystems Inc. – Product and service

  • Exhibit 80: Pegasystems Inc. – Key offerings

  • Exhibit 81: SAP SE – Overview

  • Exhibit 82: SAP SE – Business segments

  • Exhibit 83: SAP SE – Key offerings

  • Exhibit 84: SAP SE – Segment focus

  • Exhibit 85: Software AG – Overview

  • Exhibit 86: Software AG – Business segments

  • Exhibit 87: Software AG – Key offerings

  • Exhibit 88: Software AG – Segment focus

  • Exhibit 89: TIBCO Software Inc. – Overview

  • Exhibit 90: TIBCO Software Inc. – Product and service

  • Exhibit 91: TIBCO Software Inc. – Key offerings

  • 12.1 Scope of the report

  • 12.2 Currency conversion rates for US$

  • Exhibit 92: Currency conversion rates for US$

  • 12.3 Research methodology

  • Exhibit 93: Research Methodology

  • Exhibit 94: Validation techniques employed for market sizing

  • Exhibit 95: Information sources

  • 12.4 List of abbreviations

  • Exhibit 96: List of abbreviations

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

  • Exhibit 92: Currency conversion rates for US$

  • Exhibit 93: Research Methodology

  • Exhibit 94: Validation techniques employed for market sizing

  • Exhibit 95: Information sources

  • Exhibit 96: List of abbreviations

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/

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SOURCE Technavio

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