Business Workflow Automation Market Share, Trends, Business Strategy and Forecast to 2026

Posted on 2019-08-07 by Mark Hub in Industrial // 0 Comments

The latest report by Fact.MR expects the global business workflow automation market to witness substantial growth, registering a CAGR of 9.6% during the forecast period 2017-2026. By the end of 2026, the global business workflow automation market is estimated to reach US$ 5,247.2 million revenue. There has been an increasing adoption of the solutions and software offering business workflow automation. From data entry and processing to managing general content and records, the demand for business workflow automation is rising at a fast phase. Below are some insights on how the global business workflow automation will perform in the coming years.

Workflow automation and optimization solutions form an important part of business process management and helps in streamlining and optimization of business workflow. Offering various advantages such as documented information, easy scheduling, no loss of data, easy dealing with large volumes of paper, business workflow automation is being adopted across businesses. Companies providing software solution for workflow automation are also integrating advanced features that are easy-to-use and saves time and money. This report, compiled by Fact.MR, provides in-depth analysis of the global business workflow automation market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.

As per the latest study by Fact.MR, the global business workflow automation market is likely to experience strong growth. By 2026 end, the global market for business workflow automation is projected to bring in US$ 5,247.2 million revenue.

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Table of Content

1. Global Economic Outlook

2. Global Business Workflow Automation Market – Executive Summary

3. Global Business Workflow Automation Market Overview
3.1. Introduction
3.1.1. Global Business Workflow Automation Market Taxonomy
3.1.2. Global Business Workflow Automation Market Definition
3.2. Global Business Workflow Automation Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Business Workflow Automation Market Y-o-Y Growth
3.3. Global Business Workflow Automation Market Dynamics
3.4. Forecast Factors
3.5. Key Participants Market Presence (Intensity Map) By Region
3.6. Key Solutions- Features Mapping
3.7. Top Vendor Offerings
3.8. Evolution of Workflow Automation Solution & BPM Solution
3.9. PESTLE Analysis
3.10. Region wise PLC Mapping

To be Continue……

Considering the broad scope of the global business workflow automation market the report by Fact.MR offers key insights, segment-wise analysis, and forecast. The global business workflow automation market is segmented on the basis of deployment type, industry, platform type, organization type, and region. The segment-wise analysis also includes country-wise forecast on all the key parameters of the global business workflow automation market.

Healthcare & Pharmaceuticals Industry to Account for Maximum Revenue Share

The healthcare & pharmaceuticals industry is likely to witness the fastest growth in the market through 2026. Healthcare & pharmaceuticals industry is projected to account for more than US$ 900 million revenue by 2026 end. Owing to the better control, improved efficiency, and reduced risk, the healthcare & pharmaceuticals industry are increasingly adopting workflow automation. Hence, companies are also building business workflow automation solution that specifically caters to the healthcare & pharmaceuticals industry.

On-Premise to Emerge as the Largest Platform type

On-premise is likely to witness healthy growth as compared to the cloud-based platform between 2017 and 2026. By 2026 end, on-premise platform is projected to reach close to US$ 3,900 million revenue. An on-premise platform has low cost of ownership as compared to the cloud-based platform. Moreover, on-premise platform does not rely on internet connectivity to access the software. However, on-premise platform takes longer implementation time.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global business workflow automation market through 2026, which include Tibco Software, HCL Technologies, SAS Institute, SAP SE, Nintex Limited, Newgen Software Technologies Limited, IPSoft Inc., Vision Software SA, Appian, Software AG, PegaSystems Inc., Oracle Corporation, IBM Corporation, Kyocera, Canon, Ricoh, HP Inc., Lexmark, OpenText Corporation, and Xerox Corporation.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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