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Global smart process application (SPA) industry overview
Digital transformation in various sectors is driving the smart process application (SPA) market. Digital transformation in industry verticals such as BFSI and in the manufacturing sector helps enhance the efficiency of operations. The emergence of smart process application, IoT, and business intelligence has made supply chain analytics distribution and logistics systems easier. Smart process application aid supply chain managers in the end-to-end and real-time tracking of the activities undertaken during the shipment of assets. Also, smart process application such as advanced database management is used to digitalize the manufacturing sector and to support Industry 4.0 - consisting of technologies like IoT, cloud computing, big data, and analytics, augmented reality, 3D printing, and Web 2.0. The digital transformation in various sectors is will drive smart process application market growth at a CAGR of more than 15% during the forecast period.
Top smart process application companies covered in this market research report
The global smart process application market is fairly concentrated. The market is in the initial stage of growth phase and the competition is expected to become less intense by the end of the forecast period. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this smart process application market analysis report suggests strategies companies can follow and recommends key areas they should focus on, in order to make the most of upcoming growth opportunities.
The report offers a detailed analysis of several leading companies including:
- Dell Technologies
- IBM
- JDA Software
- OpenText
- SAP
- Verint Systems
Smart process application market segmentation based on end-users
- Manufacturing
- Healthcare
- BFSI
- Government
- Others
Manufacturing was the largest end-user of the global smart process application market in 2017. The market share of this segment will increase, and it will continue to dominate the market throughout the next five years.
Smart process application market segmentation based on region
The Americas accounted for the largest smart process application market share in 2017. This region will remain the market leader for the next five years.
Key highlights of the global smart process application (SPA) market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the smart process application (SPA) market during the next five years
- Precise estimation of the global smart process application market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the smart process application industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of smart process application companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
- Segmentation by end-user
- Comparison by end-user
- Manufacturing – Market size and forecast 2017-2022
- Healthcare – Market size and forecast 2017-2022
- BFSI – Market size and forecast 2017-2022
- Government – Market size and forecast 2017-2022
- Others – Market size and forecast 2017-2022
- Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Rising adoption of bring your own device (BYOD)
- Emergence of business-to-device (B2D)
- Growing dependence on the Internet
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
PART 15: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape