Pune, India, Dec. 15, 2021 (GLOBE NEWSWIRE) — The global BPM market size is anticipated to gain traction from the emergence of cloud-based business applications. They aid in achieving better availability as per the subscriber’s choice, are cost-effective, and provide more efficiency. This information is given by Fortune Business Insights™ in a recent report titled, “Business Process Management (BPM) Market Size, Share & COVID-19 Impact Analysis, By Component (Solution/Tools/Platform, Services), By Deployment (On-Premise, Cloud), By Organization Size (Large Enterprises, Small and Medium Sized Enterprises), By Functionality (Accounting & Finance, Sales & Marketing, Human Resource, Supply Chain Management), By Industry (BFSI, IT & Telecommunication, Healthcare) and Regional Forecast, 2021-2028” The report further mentions that the market stood at USD 10.64 billion in 2020 and is projected to reach USD 26.18 billion by 2028, exhibiting a CAGR of 12.0% during the forecast period.
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Market Exhibited a Growth Rate of 11.2% in 2020 amid COVID-19; Increasing Adoption of Digital Solutions Propels Demand
Companies operating in the BPM market. They are as follows:
- Appian Corporation (Virginia, United States)
- IBM Corporation (New York, United States)
- Kissflow (Chennai, India)
- Laserfiche (California, United…
