Global Workflow Management Tool Market Size study, by Deployment (On-Premises, Cloud) by Component (Software, Service) by End-Use (Retail, BFSI, IT and Telecom, Healthcare, Government Sector, Transportation, Manufacturing, Others) and Regional Forecasts 2020-2027

  • Product Code:
    RP-ID-10326770
  • Published Date:
    31 Jul 2020
  • Region:
    Global
  • Pages:
    200
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

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Global Workflow Management Tool Market is valued approximately at USD 6.88 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 22.78% over the forecast period 2020-2027. A workflow is a sequence of industrial, administrative or other processes by which a section of work passes from commencement to execution. A workflow management tool is a software system that aids in the setup, execution and monitoring of such workflows in an association. It helps in the collaboration, harmonization and automation of one or more business progressions. It provides perceptibility into process and performance metrics which benefits in determining whether a process desires improvement, and if necessary, performs an escalation on it. The Workflow management tool market is on the surging trend considering the global scenario. The Workflow management tool market is primarily driven owing to surging focus on streamlining business processes, aim to achieve cost efficiency by workflow management along with escalating adoption of cloud deployment model considering the global scenario. Also, the escalating demand for digital transformation specially in the industrial manufacturing sector through Industry 4.0 initiatives drives the market growth. For Instance: In Spain, the rise of artificial intelligence market in Spain is emerging owing to the government funding’s to support digital agenda. According to the Invest in Spain Organization, government of Spain has allocated funds around USD 2.85 billion to fulfill digital agenda. Furthermore, rising access to Information provides a boost to the market growth as with the increase in access to information the high efficiency management tools the required. However, high implementation costs impede the growth of the market over the forecast period of 2020-2027. Although, surging adoption of Cloud Deployment Model presents a lucrative opportunity for the market.

The regional analysis of global Workflow Management tool market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the early adoption of technology and presence of major market players in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising industrialization along with increasing digitalization would create lucrative growth prospects for the Workflow Management tool market across Asia-Pacific region.

Major market player included in this report are:
Xerox Corporation
IBM Corporation
Oracle Corporation
Pegasystems Inc
Software AG
Sourcecode Technology Holdings Inc
Nintex Global Limited
Bizagi
Appian
Newgen Software Technologies Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Deployment:
On-Premises
Cloud
By Component:
Software
Service
By End-Use:
Retail
BFSI
IT and Telecom
Healthcare
Government Sector
Transportation
Manufacturing
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Workflow Management tool Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Workflow Management Tool Market, by Region, 2018-2027 (USD Billion)
1.2.2. Workflow Management Tool Market, by Deployment, 2018-2027 (USD Billion)
1.2.3. Workflow Management Tool Market, by Component, 2018-2027 (USD Billion)
1.2.4. Workflow Management Tool Market, by End-Use, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Workflow Management Tool Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Workflow Management Tool Market Dynamics
3.1. Workflow Management Tool Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Workflow Management Tool Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Workflow Management Tool Market, by Deployment
5.1. Market Snapshot
5.2. Global Workflow Management Tool Market by Deployment, Performance - Potential Analysis
5.3. Global Workflow Management Tool Market Estimates & Forecasts by Deployment 2017-2027 (USD Billion)
5.4. Workflow Management Tool Market, Sub Segment Analysis
5.4.1. On-Premises
5.4.2. Cloud
Chapter 6. Global Workflow Management Tool Market, by Component
6.1. Market Snapshot
6.2. Global Workflow Management Tool Market by Component, Performance - Potential Analysis
6.3. Global Workflow Management Tool Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
6.4. Workflow Management Tool Market, Sub Segment Analysis
6.4.1. Software
6.4.2. Service
Chapter 7. Global Workflow Management Tool Market, by End-Use
7.1. Market Snapshot
7.2. Global Workflow Management Tool Market by End-Use, Performance - Potential Analysis
7.3. Global Workflow Management Tool Market Estimates & Forecasts by End-Use 2017-2027 (USD Billion)
7.4. Workflow Management Tool Market, Sub Segment Analysis
7.4.1. Retail
7.4.2. BFSI
7.4.3. IT and Telecom
7.4.4. Healthcare
7.4.5. Government Sector
7.4.6. Transportation
7.4.7. Manufacturing
7.4.8. Others
Chapter 8. Global Workflow Management Tool Market, Regional Analysis
8.1. Workflow Management Tool Market, Regional Market Snapshot
8.2. North America Workflow Management Tool Market
8.2.1. U.S. Workflow Management Tool Market
8.2.1.1. Deployment breakdown estimates & forecasts, 2017-2027
8.2.1.2. Component breakdown estimates & forecasts, 2017-2027
8.2.1.3. End-Use breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Workflow Management Tool Market
8.3. Europe Workflow Management Tool Market Snapshot
8.3.1. U.K. Workflow Management Tool Market
8.3.2. Germany Workflow Management Tool Market
8.3.3. France Workflow Management Tool Market
8.3.4. Spain Workflow Management Tool Market
8.3.5. Italy Workflow Management Tool Market
8.3.6. Rest of Europe Workflow Management Tool Market
8.4. Asia-Pacific Workflow Management Tool Market Snapshot
8.4.1. China Workflow Management Tool Market
8.4.2. India Workflow Management Tool Market
8.4.3. Japan Workflow Management Tool Market
8.4.4. Australia Workflow Management Tool Market
8.4.5. South Korea Workflow Management Tool Market
8.4.6. Rest of Asia Pacific Workflow Management Tool Market
8.5. Latin America Workflow Management Tool Market Snapshot
8.5.1. Brazil Workflow Management Tool Market
8.5.2. Mexico Workflow Management Tool Market
8.6. Rest of The World Workflow Management Tool Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Xerox Corporation
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. IBM Corporation
9.2.3. Oracle Corporation
9.2.4. Pegasystems Inc
9.2.5. Software AG
9.2.6. Sourcecode Technology Holdings Inc
9.2.7. Nintex Global Limited
9.2.8. Bizagi
9.2.9. Appian
9.2.10. Newgen Software Technologies Limited
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
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Xerox Corporation
IBM Corporation
Oracle Corporation
Pegasystems Inc
Software AG
Sourcecode Technology Holdings Inc
Nintex Global Limited
Bizagi
Appian
Newgen Software Technologies Limited
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