A freshly compiled business intelligent report, titled “Business Workflow Automation Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about business workflow automation market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.
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Technology-Based Solution to Emerge as the Largest Deployment Type
Compared to various solutions, the technology-based solution is likely to emerge as the largest deployment type between 2017 and 2026. By 2026 end, technology-based solution is projected to surpass US$ 2,100 million revenue. Increasing number of businesses have moved to cloud computing, hence companies are increasingly relying on technology-based solutions to strengthen business process and offer better products and services.
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.
Small & Medium Enterprise to Gain Maximum Traction
Compared to the large enterprise, small & medium enterprise are likely to gain maximum traction in the global market for business workflow automation. Small & medium enterprise are projected to bring in close to US$ 2,700 million revenue by 2026 end. In order to strengthen product development, marketing and business processes, small & medium enterprise are moving towards business workflow automation. Also, implementation of business workflow automation in sectors such as finance and accounting, and supply chain management are underway.
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Table of Contents:
- Global Economic Outlook
- Global Business Workflow Automation Market – Executive Summary
- Global Business Workflow Automation Market Overview
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
- Global Business Workflow Automation Market Analysis and Forecast 2012-2026
4.1. Global Business Workflow Automation Market Size and Forecast By Solution Type, 2012-2026
4.1.1. Feature-Based Solution Market Size and Forecast, 2012-2026
220.127.116.11. Revenue (US$ Mn) Comparison, By Region
18.104.22.168. Market Share Comparison, By Region
22.214.171.124. Y-o-Y growth Comparison, By Region
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