Workflow Management Systems Market by Deployment, End-user, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 167 SKU: IRTNTR75204

Workflow Management Systems Market Forecast 2023-2027

The workflow management systems market size is estimated to grow by USD 9.47 billion at a CAGR of 22.21% between 2022 and 2027. The increasing demand for process automation and digital transformation, driven by the need for greater efficiency and agility in business processes, is driving market growth by increasing the adoption of workflow management systems. Achieving cost efficiency through workflow management, driven by the need to reduce operational costs and improve productivity, is also boosting market expansion. Additionally, the rising demand for these systems from various industries, such as healthcare, manufacturing, and retail, is driving market growth by increasing the adoption of these systems across different sectors. Overall, these factors are driving the growth of the market and driving innovations in workflow automation.

What will be the Size of the Market During the Forecast Period?

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Market Segmentation

This market report extensively covers market segmentation by deployment (on-premise and cloud), end-user (BFSI, government, healthcare, legal, education, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

By Deployment

The market share growth by the on premise segment will be significant during the forecast period. These systems are mainly used in large enterprises. Hence, large companies with a global footprint are expected to drive the demand during the forecast period. The main reason for the high demand is that large organizations need to control and own the operations and processes as well as the data generated and stored by their business applications. 

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The on premise segment was valued at USD 2.12 billion in 2017. Deploying a workflow management system on premises provides regulatory compliance advantages over cloud-based delivery, driving organizations to deploy on-premises workflow management systems solutions. For example, businesses, especially healthcare companies, must comply with ever-growing regulations such as the Health Insurance Portability and Accountability Act (HIPAA) for processing and storing customer data in the United States. By law, healthcare companies are required to have private data centers to securely manage their data. Data transparency is also a key factor behind the adoption of enterprise on-premises deployments of workflow management systems solutions to improve visibility and control over stored data. Therefore, increasing interest in data transparency, security, and control among companies is expected to drive the growth of the on premises deployment segment of the market during the forecast period.  

By Region

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North America is estimated to contribute 31% to the growth of the market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Workflow management systems adoption is on the rise due to the growing need to modernize business processes. This, coupled with the continued adoption of cutting-edge technologies in various end-user industries including BFSI, government, healthcare, legal, etc., will drive the market in the North American region during the forecast period. North American organizations are increasingly using automated solutions that collect and analyze vast amounts of data to gain insight into their workflows.  Additionally, as the amount of data generated across industries such as BFSI, government, healthcare,  and legal is increasing, companies in these industries are looking to integrate these solutions with other advanced technologies such as analytics. There is an increasing need to streamline the decision-making process. Increase the efficiency of your work process. 

Market Dynamics and Customer Landscape

 

The market is expanding rapidly, driven by the need for cost efficiency and the efficient utilization of resources in organizations. These systems enhance business processes by managing large data volumes and enabling streamlined workflows. The shift towards cloud computing and mobile computing has further fueled the demand for cloud-based workflow management systems, offering flexibility and scalability. Ensuring data security is crucial for businesses across various industry verticals, leading to the adoption of robust solutions. These systems improve profitability and cash flow by optimizing business processes and reducing software development costs. However, managing the complexity and ensuring the functionality of these systems remain key challenges for the software industry as they strive to innovate and enhance their data capabilities to meet the evolving needs of businesses. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Increasing demand for process automation and digital transformation is notably driving the market growth.  

Automation has become a crucial element for companies looking to digitize their workflow processes. By eliminating manual intervention in complex and repetitive workflows, businesses can not only accelerate their processes but also enhance the accuracy and consistency of their results. The increasing need for businesses to automate workflows and adapt to changing customer demands is expected to drive the adoption of technologies like Robotic Process Automation (RPA) and Artificial Intelligence (AI) in the coming years. This trend is also expected to impact other areas such as cloud computing, mobile computing, cloud-based workflow management systems, organizations, and data security. These technologies are being deployed to enhance operational efficiency, accelerate time-to-market, deliver personalized customer experiences, and reduce operational costs. Organizations across various industries, including BFSI, retail, and manufacturing, have embraced workflow management system solutions to automate both internal and external processes, particularly those involving customers, partners, suppliers, and self-service applications. Therefore, the increasing demand for automation and digital transformation is expected to be a key driver of market growth in the forecast period.

Significant Market Trends

The emergence of mobile workflow management systems solutions is a key trend influencing the market growth. Technological advances drive the adoption of connected devices and real-time data sharing for fast and reliable workflow decision-making. The increasing adoption of telecommuting models in offices, the integration of digital technologies, and the shift towards catering to consumers around the world have increased the need to perform workflow tasks anytime and anywhere. These model changes have allowed smart devices such as mobile phones, tablets, laptops, and other digital assets to be accepted into workflow processes. The increasing adoption and reliance on smart devices are accelerating the adoption of mobile workflow management systems. This enables employees to work from anywhere while being connected to corporate data in real time.

Integrating a mobile workflow management systems solution can help organizations improve responsiveness and productivity.  Mobile workflow management systems solutions help organizations better identify and understand mobile workflows. Therefore, best practices can be identified and extended across departments as a tool for standardizing and automating processes. One of the main benefits of implementing a mobile workflow management systems solution is the reduction in time and money companies spend on optimizing their mobile workflow processes. To optimize these processes, companies use the past and current experiences of other departments to solve similar workflow challenges rather than looking at the solution as a whole. The advantages of mobile workflow management systems and the accelerating adoption of enterprise mobility are expected to drive the growth of the market during the forecast period.  

Major Market Challenge

Data security and privacy issues are challenging the market growth. Organizations in industries such as BFSI, healthcare, retail, and manufacturing are using technologies such as the Internet of Things (IoT) and big data analytics to increase productivity and reduce operational complexity. Companies use numerous digital sensors in their production and manufacturing systems and processes. By integrating the data generated by these sensors into workflow management systems solutions, companies can improve operational processes and make more effective decisions. However, security vulnerabilities such as malware, data theft, and hacks associated with cloud technologies can pose significant threats to the large-scale implementation of workflow management systems solutions.

The increasing mass deployment of IoT devices and sensors in business applications is generating large amounts of sensitive business data, such as customer information and asset and production plant monitoring data. Combining multiple technologies to support compute and storage requirements, and using workflow management systems in the cloud, increases concerns around data and device security. With the advent of IoT, the number of connected devices has also increased significantly. If a cyber attacker identifies every device on the IoT network, it could lead to a major data breach. Therefore, such factors are expected to hamper the growth of the market during the forecast period. 

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Workflow Management Systems Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Appian Corp: The company is involved in the creation of high-impact business applications and workflows. It also offers different types of workflow management systems.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Automation Anywhere Inc.
  • Bizagi Group Ltd.
  • Dell Technologies Inc.
  • Fortra LLC
  • Fujitsu Ltd.
  • HP Inc.
  • International Business Machines Corp.
  • monday.com Ltd.
  • Newgen Software Technologies Ltd.
  • Nintex Global Ltd.
  • Oracle Corp.
  • Pegasystems Inc.
  • Robert Bosch GmbH
  • SAP SE
  • Software AG

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Deployment Outlook
    • On-premise
    • Cloud
  • End-user Outlook 
    • BFSI
    • Government
    • Healthcare
    • Legal
    • Education
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is witnessing rapid growth due to the increasing adoption of workflow management software across various industries and industry verticals. These systems are crucial for automation and streamlining of business processes, leading to enhanced business processes and cost advantages. With the shift towards cloud platforms, organizations can improve workflow management system growth while reducing maintenance costs and support costs. The market is driven by factors such as corporate processes, customer and worker interactions, and the need for modern technology infrastructure. Companies are investing in the latest technologies and cloud computing environments, focusing on migration and customizations to improve functionality and achieve better ROI. In sectors like Finance and BFSI, workflow management systems are integral for supply chain & inventory management and effective utilization of IT assets, often through managed services on mobile devices.

 Market Scope

Report Coverage

Details

Page number

167

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 22.21%

Market growth 2023-2027

USD 9.46 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

21.0

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 31%

Key countries

US, Japan, China, India, and Germany

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Appian Corp., Automation Anywhere Inc., Bizagi Group Ltd., Dell Technologies Inc., Fortra LLC, Fujitsu Ltd., HP Inc., International Business Machines Corp., monday.com Ltd., Newgen Software Technologies Ltd., Nintex Global Ltd., Oracle Corp., Pegasystems Inc., Robert Bosch GmbH, SAP SE, Software AG, Vista Equity Partners Management LLC, Xerox Holdings Corp., Zoho Corp. Pvt. Ltd., and PairSoft

Market dynamics

Parent market analysis, Market  Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global workflow management systems market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global workflow management systems market 2017 - 2021 ($ million)
    • 4.2 Deployment Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Deployment

    • 6.1 Market segments
      • Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)
    • 6.2 Comparison by Deployment
      • Exhibit 32: Chart on Comparison by Deployment
      • Exhibit 33: Data Table on Comparison by Deployment
    • 6.3 On premise - Market size and forecast 2022-2027
      • Exhibit 34: Chart on On premise - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on On premise - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on On premise - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on On premise - Year-over-year growth 2022-2027 (%)
    • 6.4 Cloud - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Cloud - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Cloud - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Cloud - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Cloud - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Deployment
      • Exhibit 42: Market opportunity by Deployment ($ million)
      • Exhibit 43: Data Table on Market opportunity by Deployment ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 46: Chart on Comparison by End-user
      • Exhibit 47: Data Table on Comparison by End-user
    • 7.3 BFSI - Market size and forecast 2022-2027
      • Exhibit 48: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on BFSI - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
    • 7.4 Government - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Government - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Government - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Government - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Government - Year-over-year growth 2022-2027 (%)
    • 7.5 Healthcare - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • 7.6 Legal - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Legal - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Legal - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Legal - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Legal - Year-over-year growth 2022-2027 (%)
    • 7.7 Education and others - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Education and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Education and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Education and others - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Education and others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by End-user
      • Exhibit 68: Market opportunity by End-user ($ million)
      • Exhibit 69: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 China - Market size and forecast 2022-2027
      • Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.12 India - Market size and forecast 2022-2027
      • Exhibit 111: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Appian Corp.
              • Exhibit 123: Appian Corp. - Overview
              • Exhibit 124: Appian Corp. - Product / Service
              • Exhibit 125: Appian Corp. - Key news
              • Exhibit 126: Appian Corp. - Key offerings
            • 12.4 Bizagi Group Ltd.
              • Exhibit 127: Bizagi Group Ltd. - Overview
              • Exhibit 128: Bizagi Group Ltd. - Product / Service
              • Exhibit 129: Bizagi Group Ltd. - Key offerings
            • 12.5 Dell Technologies Inc.
              • Exhibit 130: Dell Technologies Inc. - Overview
              • Exhibit 131: Dell Technologies Inc. - Business segments
              • Exhibit 132: Dell Technologies Inc. - Key offerings
              • Exhibit 133: Dell Technologies Inc. - Segment focus
            • 12.6 Fortra LLC
              • Exhibit 134: Fortra LLC - Overview
              • Exhibit 135: Fortra LLC - Product / Service
              • Exhibit 136: Fortra LLC - Key offerings
            • 12.7 Fujitsu Ltd.
              • Exhibit 137: Fujitsu Ltd. - Overview
              • Exhibit 138: Fujitsu Ltd. - Business segments
              • Exhibit 139: Fujitsu Ltd. - Key news
              • Exhibit 140: Fujitsu Ltd. - Key offerings
              • Exhibit 141: Fujitsu Ltd. - Segment focus
            • 12.8 HP Inc.
              • Exhibit 142: HP Inc. - Overview
              • Exhibit 143: HP Inc. - Business segments
              • Exhibit 144: HP Inc. - Key news
              • Exhibit 145: HP Inc. - Key offerings
              • Exhibit 146: HP Inc. - Segment focus
            • 12.9 International Business Machines Corp.
              • Exhibit 147: International Business Machines Corp. - Overview
              • Exhibit 148: International Business Machines Corp. - Business segments
              • Exhibit 149: International Business Machines Corp. - Key news
              • Exhibit 150: International Business Machines Corp. - Key offerings
              • Exhibit 151: International Business Machines Corp. - Segment focus
            • 12.10 Newgen Software Technologies Ltd.
              • Exhibit 152: Newgen Software Technologies Ltd. - Overview
              • Exhibit 153: Newgen Software Technologies Ltd. - Product / Service
              • Exhibit 154: Newgen Software Technologies Ltd. - Key offerings
            • 12.11 Oracle Corp.
              • Exhibit 155: Oracle Corp. - Overview
              • Exhibit 156: Oracle Corp. - Business segments
              • Exhibit 157: Oracle Corp. - Key news
              • Exhibit 158: Oracle Corp. - Key offerings
              • Exhibit 159: Oracle Corp. - Segment focus
            • 12.12 PairSoft
              • Exhibit 160: PairSoft - Overview
              • Exhibit 161: PairSoft - Product / Service
              • Exhibit 162: PairSoft - Key offerings
            • 12.13 Pegasystems Inc.
              • Exhibit 163: Pegasystems Inc. - Overview
              • Exhibit 164: Pegasystems Inc. - Product / Service
              • Exhibit 165: Pegasystems Inc. - Key news
              • Exhibit 166: Pegasystems Inc. - Key offerings
            • 12.14 Robert Bosch GmbH
              • Exhibit 167: Robert Bosch GmbH - Overview
              • Exhibit 168: Robert Bosch GmbH - Business segments
              • Exhibit 169: Robert Bosch GmbH - Key news
              • Exhibit 170: Robert Bosch GmbH - Key offerings
              • Exhibit 171: Robert Bosch GmbH - Segment focus
            • 12.15 SAP SE
              • Exhibit 172: SAP SE - Overview
              • Exhibit 173: SAP SE - Business segments
              • Exhibit 174: SAP SE - Key news
              • Exhibit 175: SAP SE - Key offerings
              • Exhibit 176: SAP SE - Segment focus
            • 12.16 Software AG
              • Exhibit 177: Software AG - Overview
              • Exhibit 178: Software AG - Business segments
              • Exhibit 179: Software AG - Key offerings
              • Exhibit 180: Software AG - Segment focus
            • 12.17 Vista Equity Partners Management LLC
              • Exhibit 181: Vista Equity Partners Management LLC - Overview
              • Exhibit 182: Vista Equity Partners Management LLC - Product / Service
              • Exhibit 183: Vista Equity Partners Management LLC - Key news
              • Exhibit 184: Vista Equity Partners Management LLC - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 185: Inclusions checklist
                • Exhibit 186: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 187: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 188: Research methodology
                • Exhibit 189: Validation techniques employed for market sizing
                • Exhibit 190: Information sources
              • 13.5 List of abbreviations
                • Exhibit 191: List of abbreviations

              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

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              • What are the key global market and the regional market share?
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              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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