Process Mining Software Market Size, Latest Trends, Research Insights, Key Profile and Applications by 2030

Lakewood, Colorado, 2022-nov 25— /EPR Network/ —According to the Regional Research Reports, the global process mining software market is expected to reach USD 17108.4 million by 2030 from USD 478.3 million in 2021. The global process mining software market size is projected to grow at a CAGR of 48.8% from 2022 to 2030. This is due to increased investment by companies in artificial intelligence (AI) and process mining to enhance their operational capabilities.

Process Mining Software enables the users to track, identify, and enhance machine operations. This data science and process management programme helps visualize all potential problems and loopholes in an existing process, forecast their effects, and identifies solutions. It helps in maximizing efficiency and minimizing costs.

Additionally, increased adoption of cloud solutions and services, digital transformation initiatives, and a growing understanding of how well businesses understand and analyse their business activities is driving the growth of this market.

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Global Process Mining Software Market Segmentation

Regional Research Reports has segmented the global process mining software market based on component, deployment, enterprise size, application and vertical at a regional and global level. Geographically, the research report has considered the five regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Moreover, the research study focuses on the market analysis of the tier-1 countries, such as the USA, China, Germany, India, the UK, Japan, France, Italy, Spain, Russia, South Korea, and other territories.

Global Process Mining Software Market Analysis, by Component

• Software
• Services

Global Process Mining Software Market Analysis, by Deployment

• On- premise
• Cloud

Global Process Mining Software Market Analysis, by Enterprise Size

• Small and Medium Enterprises (SMEs)
• Large Enterprises

Global Process Mining Software Market Analysis, by Application

• Contract Management
• Supplier Management
• Strategic Sourcing
• Category Management
• Transactional Procurement

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Global Process Mining Software Market Analysis, by Vertical

• Banking, Financial Services and Insurance (BFSI)
• Healthcare
• Manufacturing
• Telecommunications & IT
• Consumer Goods & Services
• Transportation
• Others

Global Process Mining Software Market Growth, by Region and Country, 2018-2021, 2022-2030 (US$ Millions)

Global Process Mining Software Market Analysis, by Region and Country

• North America (US, Canada, Mexico)
• Europe (Germany, UK, France, Italy, Spain, Russia, Switzerland, Poland, Belgium, the Netherlands, Norway, Sweden, Czech Republic, Slovakia, Slovenia, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Vietnam, Singapore, Australia & New Zealand, Rest of Asia Pacific)
• South America (Brazil, Argentina, Peru, Colombia, Rest of South America)
• The Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Qatar, Northern Africa, Rest of MEA)

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Global Process Mining Software Market Competitive: Key Players

The report includes a detailed analysis of leading market players, such as:

• Key companies Process Mining Software revenues in global market, 2018-2021 (Estimated), (US$ Millions)
• Key companies Process Mining Software revenues market share in global market, 2021 (%)
• Key companies Process Mining Software sold in the global market, 2018-2021 (Estimated)

Leading Process Mining Software Manufacturers –

• ABBYY Solutions Limited
• Exeura
• Celonis GmbH
• Fujitsu Ltd.
• Fluxicon BV
• SAP
• Hyland Software, Inc.
• Minit
• Signavio
• myInvenio, an IBM Company
• QPR Software Plc
• UiPath, Inc.
• Software AG

(Note: The list of the key market players can be updated with the latest market scenario and trends)

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Process Mining Software Market Report Covers Comprehensive Analysis On:

• Market Segmentation & Regional Analysis
• Market Size of 10 years
• Pricing Analysis
• Supply & Demand Analysis
• Product Life Cycle Analysis
• Porter’s Five Forces & Value/Supply Chain Analysis
• Developed & Emerging Economies Analysis
• PESTEL Analysis
• Market and Forecast Factor Analysis
• Market Opportunities, Risks, & Trends
• Conclusion & Recommendation
• Regulatory Landscape
• Patent Analysis
• Competition Landscape
• 15+ Company Profiles

Process Mining Software Market Research Methodology

The report is based on analysis through extensive secondary research and primary Interviews.

The secondary data sources include the company website, annual reports, investor presentations, press releases, white papers, journals, certified publications, government websites, and articles from the industry.

Similarly following is the list of a few paid secondary sources/databases,

• Factiva
• Statista
• D&B Hoovers
• Owler
• Enlyft
• HG Insights
• Bloomberg
• Crunchbase

The primary sources include CXOs, VPs, directors, technology & innovation directors, product managers, and related executives from key organizations from both the supply and demand sides. Similarly, we have also interviewed various end user organizations. We cannot reveal the end-user organizations due to non-disclosure agreements.

For instance, the region forecast is based on extensive secondary research and primary Interviews. We have conducted primary interviews across the regions to get more region-specific insights. Additionally, primary interviews were conducted with independent consultants and subject matter experts in respective regions. These experts were interviewed to obtain qualitative and quantitative information related to the market and validate the research findings and estimations. The primary and secondary data inputs referred for triangulation and forecast for the region segment are as follows,

• Top Player’s historic revenues and Year on Year Growth
• Top Players’ regional presence and revenue patterns
• Recent Developments and strategies of vendors and end users (E.g., Mergers & Acquisitions, Partnerships, New Product Launch, and others)
• R&D Investments & Innovation Landscape
• Start-up Ecosystem and Funding Initiatives
• Regulatory Environment and Implications (Country or region Specific)

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