Business Process Management as a Service Market to Expand at a CAGR of 38.55% to 2021 Due to Rise in IT Industry

BPMaaS optimizes business processes and increases profitability through process design, process engines, and process analytics. It is also used to simulate, automate, and monitor business processes in sectors such as human resources (recruitment, training, and performance management), sales and marketing (pre-sales and post-sales), manufacturing (invoicing), customer relationship management (CRM), and R&D (improved infrastructure and effective management of processes).

Technavios analysts forecast the global BPMaaS market to grow at a CAGR of 38.55% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global BPMaaS market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of cloud BPM solutions, including software, integrated solutions, and BPMaaS.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Business Process Management as a Service (BPMaaS) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
CSC
IBM
OpenText
Oracle
Pegasystems
SAP

Other prominent vendors
Accenture
Adaptive Planning
Adeptia
Adobe Systems
Appian
Barium
Capgemini
Cognizant Tech
Colosa
E-Builder
Eccentex
Genpact
HandySoft Global
Integrify
Knowesia
Kofax
Lexmark International
Metasonic
MicroPact
NorthgateArinso
Perceptive Software
Progress Software
Questetra
Red Hat
Software AG
Tibco Software
Wipro
XMPro

Market driver
Need for improvement of business processes
For a full, detailed list, view our report

Market challenge
Difficulty in choosing suitable solutions
For a full, detailed list, view our report

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Market trend
Increasing adoption of hybrid cloud BPM solutions
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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