Business Workflow Automation Market
Business Workflow Automation Market Study by Feature-based Solutions, Integration-based Solutions, and Technology-based Solutions from 2023 to 2033
Analysis of Business Workflow Automation Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Business Workflow Automation Market Outlook (2023 to 2033)
The global business workflow automation market has reached a size of US$ 7.84 billion in 2023 and is forecasted to expand at 4.9% CAGR to achieve a revenue of US$ 12.7 billion by the end of 2033.
Conception of the idea of a completely digital world has resulted in the innovation and adoption of novel technologies that are taking the world one step closer to total digitization. Automation is an essential aspect of a truly digital world where decisions can be made before we can blink our eyes and still be sure of an ideal outcome. Automation has proven to improve the productivity, profitability, and efficiency of various processes involved in running a successful business, and hence the demand for business workflow automation is projected to be bright over the coming years.
Business workflow automation solutions enable faster decision-making, enhance internal communication in the workplace, expand production capacity, and create an effective workflow management solution without the possibility of human errors. Established and new businesses are both adopting workflow automation solutions and services to ensure maximum productivity and optimal revenue generation on a global scale.
The advent of technologies such as artificial intelligence, machine learning, big data, deep learning, and cloud computing has further optimized the way automated workflow management systems function, and advancements in technology are projected to be elemental to market development in the future as well. The rising proliferation of technology and the internet, growing availability of novel business automation solutions, increasing adoption of IoT (Internet of Things), and rising need for resource utilization and optimization through automated business workflow tools are other aspects that could drive market growth going forward.
On the flip side, the rising prevalence of cyberattacks and increasing awareness regarding various security issues associated with the use of business workflow software are anticipated to hurt business workflow automation demand across the forecast period. Cultural stigma and resistance to change in organizations operating on traditional principles are expected to prove to be major challenges for business workflow automation solution providers around the world through 2033.
A comprehensive assessment detailing factors such as global demand, opportunities, trends, and restraints has been discussed thoroughly in this latest business workflow automation market research study by Fact.MR, a market research and competitive intelligence provider.
| Report Attributes | Details |
|---|---|
| Business Workflow Automation Market Size (2023) | US$ 7.84 Billion |
| Projected Market Value (2033F) | US$ 12.7 Billion |
| Global Market Growth Rate (2023 to 2033) | 4.9% CAGR |
| Integration-based Solutions Segment Growth Rate (2023 to 2033) | 7.5% CAGR |
| Key Companies Profiled | Tibco Software; IBM Corporation; Canon; Lexmark; HP Inc.; HCL Technologies; Nintex Limited; Xerox Corporation; IPSoft Inc.; SAS Institute; Oracle Corporation; Kyocera; Newgen Software Technologies Limited; SAP SE; OpenText Corporation; Appian Software AG; Ricoh; Vision Software SA; PegaSystems Inc. |
What Should Business Workflow Automation Providers Focus On?
“Integration of Advanced Technologies Such as AI, ML, RPA, & Machine Vision”
The implementation of artificial intelligence (AI) and machine learning (ML) in workflow automation makes the solution more efficient to automate a wide variety of tasks that are currently performed by skilled human individuals. AI can implement human thinking to a certain extent and can use the data obtained through ML techniques to create optimized and ideal workflows that take business operations to a new level.
Businesses are expected to increase their spending on analytics and other data-driven technologies to gain a better understanding of business processes and create better business intelligence solutions. This historic and current data pool will be then processed through the combination of various technologies to create a more refined workflow automation process that will continually keep evolving to accommodate changing business parameters in the global landscape.
Business workflow automation companies could have the potential opportunity to expand their business scope through the integration of the aforementioned novel technologies. Increasing investments in the development of new and advanced workflow and business process management systems are also slated to open up new avenues for established as well as new business workflow automation providers across the forecast period.
How Will Funding Opens New Doors for Business Workflow Automation Start-ups?
“Start-ups Raising Capital for Business Expansion & Product Development”
Aspiring business workflow automation providers are focusing on raising new capital to increase investments in business expansion endeavors, R&D of new solutions, and refinement of advanced business workflow software.
- In January 2023, Alaan, a UAE-based start-up founded in 2022 announced that it had bagged around US$ 4.5 million in its pre-Series A funding round led by Y Combinator, Presight Capital, and other investors. The company focuses on spending management and with the new capital it was expected to focus on the expansion of its services to other GCC countries and other international markets.
- CloseFactor, a start-up focusing on automating the repetitive sales process and other sales and marketing processes announced that it had raised US$ 15.2 million in a Series A funding round led by Vertex Ventures and participation from Sequoia on 17th January 2023. The company is expected to use this funding to create more workflow integrations and scale its product development.
This recently updated Fact.MR business workflow automation market research analysis provides a complete overview of how new developments by start-ups are changing product standards and pricing trends on a global and local level.
Country-wise Insights
Which Asia Pacific Countries are Lucrative Markets?
“China, Japan, Korea, & India to Be Leading Markets in APAC”
Increasing urbanization and digitization are projected to be the primary trends that are expected to shape business workflow automation demand in the Asia Pacific region across the forecast period. The rising proliferation of technology, growing IT spending, and rising adoption of business process automation (BPA) solutions and services are other aspects that could potentially uplift the demand for business workflow automation in countries such as China, Korea, India, and Japan over the next ten years.
The increasing popularity of automation and supportive digital transformative initiatives in the aforementioned countries are expected to bolster market development going forward. Upsurge in online transactions and adoption of Industry 4.0 trends are also slated to positively impact demand for business workflow automation services and solutions through 2033.
Which Trends are Shaping the Demand Outlook for Workflow Automation in Europe?
“Growing Adoption of Industry 4.0 Trends and Rising Focus on Sustainability”
Europe has been one of the foremost regions when it comes to the adoption of automation trends and this can be proven as we witness that the number of industrial robots in this region grew over 400% in nearly the past three decades. European countries have been quick to adopt Industry 4.0 automation trends and this has laid the foundation for business workflow automation demand that is projected to rise at a good pace over the next ten years.
Businesses in European countries such as Germany and the United Kingdom are focusing on deploying workflow automation solutions to improve productivity and also reduce their carbon footprint to meet sustainability goals. The environmental impact of the deployment of automated business solutions is expected to be a key trend that is projected to shape the market evolution in Europe in the long run. Business automation has been gaining popularity in European countries and the rising shift towards digitization of these economies is projected to bolster sales of business workflow solutions and software through 2033.
Why is Demand for Business Workflow Automation Solutions Surging in the United States?
“Increasing Use of Cloud Technology Spurring Sales of Workflow Automation Tools”
The United States has been quick to adopt the automation trend and this makes it a highly remunerative market for business workflow automation providers over the coming years. Businesses in the country are moving towards complete digitization to benefit from supportive digital transformation initiatives, which are expected to open up new inroads for market development in the future.
High adoption and availability of novel automation solutions and services, increasing adoption of cloud-based workflows, and the presence of key business workflow automation companies are other prospects that could potentially drive market growth through 2033. The developed healthcare infrastructure of the country is expected to be a particularly lucrative market for workflow automation solutions as penetration of automation increases in the healthcare industry.
Category-wise Insights
Which Organizations are Crucial for Business Workflow Automation Demand Going Forward?
“SMEs to Play Crucial Role in Future Market Growth”
Based on organization, the business workflow automation market is segmented into small & medium enterprises (SMEs) and large enterprises.
Small and medium enterprises are anticipated to witness rapid adoption of business workflow automation across the forecast period and are expected to offer a highly lucrative business scope for business workflow automation providers. SMEs are focusing on taking advantage of several digital transformation initiatives implemented by governments and hence, boosting the deployment of business workflow software in the aforementioned establishments.
However, at present large enterprises account for a dominant market share and are expected to maintain a similar stance over the coming years as well. High costs of deployment and maintenance of business workflow automation in large enterprises are expected to restrain growth in this segment over the next ten years.
Competitive Landscape
Top business workflow automation companies are anticipated to focus on mergers, collaborations, partnerships, and acquisitions to widen their business scope and fast-track the development of novel and advanced workflow automation software and solutions. Collaborations and acquisitions also help business workflow automation providers bolster their market share and this is also a factor that is projected to influence the competitive landscape of the market in the future.
- In January 2023, Trackunit, a global leader in IoT services announced that it had closed a deal to acquire Flexcavo, a German company specializing in workflow and process management to increase efficiency and lower operational costs. Trackunit through this acquisition has strengthened its portfolio of offerings for contractors with mixed fleets.
- On 10th January 2023, Hospital IQ, an automation solutions provider for hospitals was acquired by LeanTaaS, an AI software company. After this acquisition the combined value of LeanTaaS topped US$ 1 billion, making it one of the prominent players in the global marketplace.
Business Workflow Automation Industry Research Segments
-
By Deployment :
- Feature-based Solutions
- Integration-based Solutions
- Technology-based Solutions
-
By Platform :
- Cloud-based
- On-premise
-
By Organization :
- Small & Medium Enterprises (SMEs)
- Large Enterprises
-
By Industry :
- BFSI
- Healthcare & Pharmaceuticals
- Manufacturing
- Education
- Retail & Consumer Goods
- IT & Telecommunication
- Energy & Utilities
- Travel
- Others Industries
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
- 1. Global Economic Outlook
- 2. Global Market - Executive Summary
- 3. Global Market Overview
- 4. Global Market Analysis and Forecast 2023 to 2033
- 4.1. Global Market Size and Forecast By Solution Type, 2023 to 2033
- 4.1.1. Feature-Based Solution
- 4.1.2. Integration-Based Solution
- 4.1.3. Technology-Based Solution
- 4.2. Global Market Size and Forecast By Industry, 2023 to 2033
- 4.2.1. BFSI
- 4.2.2. Healthcare & Pharmaceuticals
- 4.2.3. Manufacturing
- 4.2.4. Education
- 4.2.5. Retail & Consumer Goods
- 4.2.6. IT & Telecommunication
- 4.2.7. Energy & Utilities
- 4.2.8. Travel
- 4.2.9. Others Industry
- 4.3. Global Market Size and Forecast By Platform Type, 2023 to 2033
- 4.3.1. Cloud-Based
- 4.3.2. On-premise
- 4.4. Global Market Size and Forecast By Organization Type, 2023 to 2033
- 4.4.1. Small & Medium Enterprise
- 4.4.2. Large Enterprise
- 4.1. Global Market Size and Forecast By Solution Type, 2023 to 2033
- 5. North America Market Size and Forecast, 2023 to 2033
- 6. Latin America Market Size and Forecast, 2023 to 2033
- 7. Europe Market Size and Forecast, 2023 to 2033
- 8. Japan Market Size and Forecast, 2023 to 2033
- 9. APEJ Market Size and Forecast, 2023 to 2033
- 10. MEA Market Size and Forecast, 2023 to 2033
- 11. Global Market Company Share, Competition Landscape and Company Profiles
- 11.1. Xerox Corporation
- 11.2. OpenText Corporation
- 11.3. Lexmark International, Inc.
- 11.4. HP Inc.
- 11.5. Ricoh Company, Ltd
- 11.6. Canon Inc.
- 11.7. Kyocera Corporation
- 11.8. IBM Corporation
- 11.9. Oracle Corporation
- 11.10. PegaSystems Inc.
- 11.11. Software AG
- 11.12. Appian Technology, Inc.
- 11.13. Vision Software SA
- 11.14. IPSoft Inc.
- 11.15. Newgen Software Technologies Limited
- 11.16. Nintex Limited
- 11.17. SAP SE
- 11.18. SAS Institute
- 11.19. HCL Technologies Limited
- 11.20. Tibco Software Inc.
- 12. Research Methodology
- 13. Secondary and Primary Sources
- 14. Assumptions and Acronyms
- 15. Disclaimer
List Of Table
TABLE 01: Global Market Value (US$ Mn), 2018 to 2022
TABLE 02: Global Market Value (US$ Mn), 2023 to 2033
TABLE 03: Global Market Value (US$ Mn) and Y-o-Y, 2023 to 2033
TABLE 04: Global Feature-Based Solution Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 05: Global Feature-Based Solution Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 06: Global Feature-Based Solution Segment Market Share, By Region 2018 to 2022
TABLE 07: Global Feature-Based Solution Segment Market Share, By Region 2023 to 2033
TABLE 08: Global Feature-Based Solution Segment Y-o-Y, By Region 2023 to 2033
TABLE 09: Global Integration-Based Solution Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 10: Global Integration-Based Solution Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 11: Global Integration-Based Solution Segment Market Share, By Region 2018 to 2022
TABLE 12: Global Integration-Based Solution Segment Market Share, By Region 2023 to 2033
TABLE 13: Global Integration-Based Solution Segment Y-o-Y, By Region 2023 to 2033
TABLE 14: Global Technology- Based Solution Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 15: Global Technology- Based Solution Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 16: Global Technology- Based Solution Segment Market Share, By Region 2018 to 2022
TABLE 17: Global Technology- Based Solution Segment Market Share, By Region 2023 to 2033
TABLE 18: Global Technology- Based Solution Segment Y-o-Y, By Region 2023 to 2033
TABLE 19: Global BFSI Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 20: Global BFSI Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 21: Global BFSI Segment Market Share, By Region 2018 to 2022
TABLE 22: Global BFSI Segment Market Share, By Region 2023 to 2033
TABLE 23: Global BFSI Segment Y-o-Y, By Region 2023 to 2033
TABLE 24: Global Healthcare & Pharmaceuticals Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 25: Global Healthcare & Pharmaceuticals Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 26: Global Healthcare & Pharmaceuticals Segment Market Share, By Region 2018 to 2022
TABLE 27: Global Healthcare & Pharmaceuticals Segment Market Share, By Region 2023 to 2033
TABLE 28: Global Healthcare & Pharmaceuticals Segment Y-o-Y, By Region 2023 to 2033
TABLE 29: Global Manufacturing Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 30: Global Manufacturing Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 31: Global Manufacturing Segment Market Share, By Region 2018 to 2022
TABLE 32: Global Manufacturing Segment Market Share, By Region 2023 to 2033
TABLE 33: Global Manufacturing Segment Y-o-Y, By Region 2023 to 2033
TABLE 34: Global Education Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 35: Global Education Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 36: Global Education Segment Market Share, By Region 2018 to 2022
TABLE 37: Global Education Segment Market Share, By Region 2023 to 2033
TABLE 38: Global Education Segment Y-o-Y, By Region 2023 to 2033
TABLE 39: Global Retail & Consumer Goods Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 40: Global Retail & Consumer Goods Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 41: Global Retail & Consumer Goods Segment Market Share, By Region 2018 to 2022
TABLE 42: Global Retail & Consumer Goods Segment Market Share, By Region 2023 to 2033
TABLE 43: Global Retail & Consumer Goods Segment Y-o-Y, By Region 2023 to 2033
TABLE 44: Global IT & Telecommunication Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 45: Global IT & Telecommunication Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 46: Global IT & Telecommunication Segment Market Share, By Region 2018 to 2022
TABLE 47: Global IT & Telecommunication Segment Market Share, By Region 2023 to 2033
TABLE 48: Global IT & Telecommunication Segment Y-o-Y, By Region 2023 to 2033
TABLE 49: Global Energy & Utilities Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 50: Global Energy & Utilities Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 51: Global Energy & Utilities Segment Market Share, By Region 2018 to 2022
TABLE 52: Global Energy & Utilities Segment Market Share, By Region 2023 to 2033
TABLE 53: Global Energy & Utilities Segment Y-o-Y, By Region 2023 to 2033
TABLE 54: Global Travel Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 55: Global Travel Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 56: Global Travel Segment Market Share, By Region 2018 to 2022
TABLE 57: Global Travel Segment Market Share, By Region 2023 to 2033
TABLE 58: Global Travel Segment Y-o-Y, By Region 2023 to 2033
TABLE 59: Global Others Industry Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 60: Global Others Industry Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 61: Global Others Industry Segment Market Share, By Region 2018 to 2022
TABLE 62: Global Others Industry Segment Market Share, By Region 2023 to 2033
TABLE 63: Global Others Industry Segment Y-o-Y, By Region 2023 to 2033
TABLE 64: Global Cloud -Based Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 65: Global Cloud -Based Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 66: Global Cloud -Based Segment Market Share, By Region 2018 to 2022
TABLE 67: Global Cloud -Based Segment Market Share, By Region 2023 to 2033
TABLE 68: Global Cloud -Based Segment Y-o-Y, By Region 2023 to 2033
TABLE 69: Global On-premise Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 70: Global On-premise Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 71: Global On-premise Segment Market Share, By Region 2018 to 2022
TABLE 72: Global On-premise Segment Market Share, By Region 2023 to 2033
TABLE 73: Global On-premise Segment Y-o-Y, By Region 2023 to 2033
TABLE 74: Global Small & Medium Enterprise Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 75: Global Small & Medium Enterprise Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 76: Global Small & Medium Enterprise Segment Market Share, By Region 2018 to 2022
TABLE 77: Global Small & Medium Enterprise Segment Market Share, By Region 2023 to 2033
TABLE 78: Global Small & Medium Enterprise Segment Y-o-Y, By Region 2023 to 2033
TABLE 79: Global Large Enterprise Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 80: Global Large Enterprise Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 81: Global Large Enterprise Segment Market Share, By Region 2018 to 2022
TABLE 82: Global Large Enterprise Segment Market Share, By Region 2023 to 2033
TABLE 83: Global Large Enterprise Segment Y-o-Y, By Region 2023 to 2033
TABLE 84: North America Market Value (US$ Mn), By Country 2018 to 2022
TABLE 85: North America Market Value (US$ Mn), By Country 2023 to 2033
TABLE 86: North America Market Value (US$ Mn), By Deployment Type 2018 to 2022
TABLE 87: North America Market Value (US$ Mn), By Deployment Type 2023 to 2033
TABLE 88: North America Market Value (US$ Mn), By Industry 2018 to 2022
TABLE 89: North America Market Value (US$ Mn), By Industry 2023 to 2033
TABLE 90: North America Market Value (US$ Mn), By Platform Type 2018 to 2022
TABLE 91: North America Market Value (US$ Mn), By Platform Type 2023 to 2033
TABLE 92: North America Market Value (US$ Mn), By Organization Type 2018 to 2022
TABLE 93: North America Market Value (US$ Mn), By Organization Type 2023 to 2033
TABLE 94: Latin America Market Value (US$ Mn), By Country 2018 to 2022
TABLE 95: Latin America Market Value (US$ Mn), By Country 2023 to 2033
TABLE 96: Latin America Market Value (US$ Mn), By Deployment Type 2018 to 2022
TABLE 97: Latin America Market Value (US$ Mn), By Deployment Type 2023 to 2033
TABLE 98: Latin America Market Value (US$ Mn), By Industry 2018 to 2022
TABLE 99: Latin America Market Value (US$ Mn), By Industry 2023 to 2033
TABLE 100: Latin America Market Value (US$ Mn), By Platform Type 2018 to 2022
TABLE 101: Latin America Market Value (US$ Mn), By Platform Type 2023 to 2033
TABLE 102: Latin America Market Value (US$ Mn), By Organization Type 2018 to 2022
TABLE 103: Latin America Market Value (US$ Mn), By Organization Type 2023 to 2033
TABLE 104: Europe Market Value (US$ Mn), By Country 2018 to 2022
TABLE 105: Europe Market Value (US$ Mn), By Country 2023 to 2033
TABLE 106: Europe Market Value (US$ Mn), By Deployment Type 2018 to 2022
TABLE 107: Europe Market Value (US$ Mn), By Deployment Type 2023 to 2033
TABLE 108: Europe Market Value (US$ Mn), By Industry 2018 to 2022
TABLE 109: Europe Market Value (US$ Mn), By Industry 2023 to 2033
TABLE 110: Europe Market Value (US$ Mn), By Platform Type 2018 to 2022
TABLE 111: Europe Market Value (US$ Mn), By Platform Type 2023 to 2033
TABLE 112: Europe Market Value (US$ Mn), By Organization Type 2018 to 2022
TABLE 113: Europe Market Value (US$ Mn), By Organization Type 2023 to 2033
TABLE 114: Japan Market Value (US$ Mn), By Country 2018 to 2022
TABLE 115: Japan Market Value (US$ Mn), By Country 2023 to 2033
TABLE 116: Japan Market Value (US$ Mn), By Deployment Type 2018 to 2022
TABLE 117: Japan Market Value (US$ Mn), By Deployment Type 2023 to 2033
TABLE 118: Japan Market Value (US$ Mn), By Industry 2018 to 2022
TABLE 119: Japan Market Value (US$ Mn), By Industry 2023 to 2033
TABLE 120: Japan Market Value (US$ Mn), By Platform Type 2018 to 2022
TABLE 121: Japan Market Value (US$ Mn), By Platform Type 2023 to 2033
TABLE 122: Japan Market Value (US$ Mn), By Organization Type 2018 to 2022
TABLE 123: Japan Market Value (US$ Mn), By Organization Type 2023 to 2033
TABLE 124: APEJ Market Value (US$ Mn), By Country 2018 to 2022
TABLE 125: APEJ Market Value (US$ Mn), By Country 2023 to 2033
TABLE 126: APEJ Market Value (US$ Mn), By Deployment Type 2018 to 2022
TABLE 127: APEJ Market Value (US$ Mn), By Deployment Type 2023 to 2033
TABLE 128: APEJ Market Value (US$ Mn), By Industry 2018 to 2022
TABLE 129: APEJ Market Value (US$ Mn), By Industry 2023 to 2033
TABLE 130: APEJ Market Value (US$ Mn), By Platform Type 2018 to 2022
TABLE 131: APEJ Market Value (US$ Mn), By Platform Type 2023 to 2033
TABLE 132: APEJ Market Value (US$ Mn), By Organization Type 2018 to 2022
TABLE 133: APEJ Market Value (US$ Mn), By Organization Type 2023 to 2033
TABLE 134: MEA Market Value (US$ Mn), By Country 2018 to 2022
TABLE 135: MEA Market Value (US$ Mn), By Country 2023 to 2033
TABLE 136: MEA Market Value (US$ Mn), By Deployment Type 2018 to 2022
TABLE 137: MEA Market Value (US$ Mn), By Deployment Type 2023 to 2033
TABLE 138: MEA Market Value (US$ Mn), By Industry 2018 to 2022
TABLE 139: MEA Market Value (US$ Mn), By Industry 2023 to 2033
TABLE 140: MEA Market Value (US$ Mn), By Platform Type 2018 to 2022
TABLE 141: MEA Market Value (US$ Mn), By Platform Type 2023 to 2033
TABLE 142: MEA Market Value (US$ Mn), By Organization Type 2018 to 2022
TABLE 143: MEA Market Value (US$ Mn), By Organization Type 2023 to 2033
List Of Figures
FIG. 01: Global Market Value (US$ Mn), 2018 to 2022
FIG. 02: Global Market Value (US$ Mn) Forecast, 2023 to 2033
FIG. 03: Global Market Value (US$ Mn) and Y-o-Y, 2023 to 2033
FIG. 04: Global Feature-Based Solution Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 05: Global Feature-Based Solution Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 06: Global Feature-Based Solution Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 07: Global Integration-Based Solution Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 08: Global Integration-Based Solution Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 09: Global Integration-Based Solution Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 10: Global Technology- Based Solution Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 11: Global Technology- Based Solution Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 12: Global Technology- Based Solution Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 13: Global BFSI Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 14: Global BFSI Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 15: Global BFSI Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 16: Global Healthcare & Pharmaceuticals Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 17: Global Healthcare & Pharmaceuticals Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 18: Global Healthcare & Pharmaceuticals Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 19: Global Manufacturing Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 20: Global Manufacturing Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 21: Global Manufacturing Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 22: Global Education Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 23: Global Education Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 24: Global Education Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 25: Global Retail & Consumer Goods Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 26: Global Retail & Consumer Goods Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 27: Global Retail & Consumer Goods Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 28: Global IT & Telecommunication Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 29: Global IT & Telecommunication Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 30: Global IT & Telecommunication Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 31: Global Energy & Utilities Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 32: Global Energy & Utilities Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 33: Global Energy & Utilities Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 34: Global Travel Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 35: Global Travel Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 36: Global Travel Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 37: Global Others Industry Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 38: Global Others Industry Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 39: Global Others Industry Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 40: Global Cloud -Based Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 41: Global Cloud -Based Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 42: Global Cloud -Based Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 43: Global On-premise Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 44: Global On-premise Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 45: Global On-premise Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 46: Global Small & Medium Enterprise Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 47: Global Small & Medium Enterprise Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 48: Global Small & Medium Enterprise Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 49: Global Large Enterprise Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 50: Global Large Enterprise Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 51: Global Large Enterprise Segment Y-o-Y Growth Rate, By Region, 2023 to 2033
FIG. 52: North America Market Value (US$ Mn), By Country 2018 to 2022
FIG. 53: North America Market Value (US$ Mn), By Country 2023 to 2033
FIG. 54: North America Market Value (US$ Mn), By Deployment Type 2018 to 2022
FIG. 55: North America Market Value (US$ Mn), By Deployment Type 2023 to 2033
FIG. 56: North America Market Value (US$ Mn), By Industry 2018 to 2022
FIG. 57: North America Market Value (US$ Mn), By Industry 2023 to 2033
FIG. 58: North America Market Value (US$ Mn), By Platform Type 2018 to 2022
FIG. 59: North America Market Value (US$ Mn), By Platform Type 2023 to 2033
FIG. 60: North America Market Value (US$ Mn), By Organization Type 2018 to 2022
FIG. 61: North America Market Value (US$ Mn), By Organization Type 2023 to 2033
FIG. 62: Latin America Market Value (US$ Mn), By Country 2018 to 2022
FIG. 63: Latin America Market Value (US$ Mn), By Country 2023 to 2033
FIG. 64: Latin America Market Value (US$ Mn), By Deployment Type 2018 to 2022
FIG. 65: Latin America Market Value (US$ Mn), By Deployment Type 2023 to 2033
FIG. 66: Latin America Market Value (US$ Mn), By Industry 2018 to 2022
FIG. 67: Latin America Market Value (US$ Mn), By Industry 2023 to 2033
FIG. 68: Latin America Market Value (US$ Mn), By Platform Type 2018 to 2022
FIG. 69: Latin America Market Value (US$ Mn), By Platform Type 2023 to 2033
FIG. 70: Latin America Market Value (US$ Mn), By Organization Type 2018 to 2022
FIG. 71: Latin America Market Value (US$ Mn), By Organization Type 2023 to 2033
FIG. 72: Europe Market Value (US$ Mn), By Country 2018 to 2022
FIG. 73: Europe Market Value (US$ Mn), By Country 2023 to 2033
FIG. 74: Europe Market Value (US$ Mn), By Deployment Type 2018 to 2022
FIG. 75: Europe Market Value (US$ Mn), By Deployment Type 2023 to 2033
FIG. 76: Europe Market Value (US$ Mn), By Industry 2018 to 2022
FIG. 77: Europe Market Value (US$ Mn), By Industry 2023 to 2033
FIG. 78: Europe Market Value (US$ Mn), By Platform Type 2018 to 2022
FIG. 79: Europe Market Value (US$ Mn), By Platform Type 2023 to 2033
FIG. 80: Europe Market Value (US$ Mn), By Organization Type 2018 to 2022
FIG. 81: Europe Market Value (US$ Mn), By Organization Type 2023 to 2033
FIG. 82: Japan Market Value (US$ Mn), By Country 2018 to 2022
FIG. 83: Japan Market Value (US$ Mn), By Country 2023 to 2033
FIG. 84: Japan Market Value (US$ Mn), By Deployment Type 2018 to 2022
FIG. 85: Japan Market Value (US$ Mn), By Deployment Type 2023 to 2033
FIG. 86: Japan Market Value (US$ Mn), By Platform Type 2018 to 2022
FIG. 87: Japan Market Value (US$ Mn), By Industry 2023 to 2033
FIG. 88: Japan Market Value (US$ Mn), By Platform Type 2018 to 2022
FIG. 89: Japan Market Value (US$ Mn), By Platform Type 2023 to 2033
FIG. 90: Japan Market Value (US$ Mn), By Organization Type 2018 to 2022
FIG. 91: Japan Market Value (US$ Mn), By Organization Type 2023 to 2033
FIG. 92: APEJ Market Value (US$ Mn), By Country 2018 to 2022
FIG. 93: APEJ Market Value (US$ Mn), By Country 2023 to 2033
FIG. 94: APEJ Market Value (US$ Mn), By Deployment Type 2018 to 2022
FIG. 95: APEJ Market Value (US$ Mn), By Deployment Type 2023 to 2033
FIG. 96: APEJ Market Value (US$ Mn), By Industry 2018 to 2022
FIG. 97: APEJ Market Value (US$ Mn), By Industry 2023 to 2033
FIG. 98: APEJ Market Value (US$ Mn), By Platform Type 2018 to 2022
FIG. 99: APEJ Market Value (US$ Mn), By Platform Type 2023 to 2033
FIG. 100: APEJ Market Value (US$ Mn), By Organization Type 2018 to 2022
FIG. 101: APEJ Market Value (US$ Mn), By Organization Type 2023 to 2033
FIG. 102: MEA Market Value (US$ Mn), By Country 2018 to 2022
FIG. 103: MEA Market Value (US$ Mn), By Country 2023 to 2033
FIG. 104: MEA Market Value (US$ Mn), By Deployment Type 2018 to 2022
FIG. 105: MEA Market Value (US$ Mn), By Deployment Type 2023 to 2033
FIG. 106: MEA Market Value (US$ Mn), By Industry 2018 to 2022
FIG. 107: MEA Market Value (US$ Mn), By Industry 2023 to 2033
FIG. 108: MEA Market Value (US$ Mn), By Platform Type 2018 to 2022
FIG. 109: MEA Market Value (US$ Mn), By Platform Type 2023 to 2033
FIG. 110: MEA Market Value (US$ Mn), By Organization Type 2018 to 2022
FIG. 111: MEA Market Value (US$ Mn), By Organization Type 2023 to 2033
- FAQs -
How big is the business workflow automation market?
The global business workflow automation market stands at US$ 7.84 billion in 2023.
What is the projected market size and growth rate of the business workflow automation market?
By 2033-end, demand for business workflow automation solutions is expected to reach US$ 12.7 billion, expanding at 4.9% CAGR.
Why are businesses using automated workflows?
Businesses are adopting workflow automation as it boosts productivity and improves profitability.
Which factors are expected to drive the global business workflow automation market growth?
Increasing digitization and ease in business processes are prime factors driving market expansion.
Who are the top players in the business workflow automation market?
SAP SE, OpenText Corporation, Appian Software AG, Ricoh, Vision Software SA, and PegaSystems Inc. are leading business workflow automation solution providers.
Business Workflow Automation Market