Global Business Process Management Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Platform and Services.

By Business Function;

Human Resource Management (HRM), Procurement and Supply Chain Management (SCM), Sales and Marketing, Accounting and Finance, Customer Service Support, and Others.

By Industry;

BFSI, IT, Telecommunication, Retail and Consumer Goods, Healthcare and Life Sciences, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn116614484 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Business Process Management Market (USD Million), 2021 - 2031

In the year 2024, the Global Business Process Management Market was valued at USD 13,208.32 million. The size of this market is expected to increase to USD 26,738.28 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.6%.

The Global Business Process Management (BPM) Market is experiencing robust growth fueled by the increasing adoption of digital transformation initiatives across industries worldwide. Businesses are recognizing the imperative need to optimize their processes to enhance efficiency, agility, and customer experience. As organizations strive to remain competitive in a rapidly evolving landscape, BPM solutions emerge as crucial enablers of streamlined operations and improved performance. This market surge is further propelled by the growing focus on compliance and risk management, as stringent regulatory requirements drive businesses to implement BPM solutions for better governance and operational control.

Amidst the market growth, organizations encounter various challenges that restrain the widespread adoption of BPM solutions. Integration complexities with legacy systems pose a significant hurdle, hindering seamless implementation efforts. Concerns regarding data security and privacy loom large, particularly in industries handling sensitive information, impacting the pace of BPM adoption. Resistance to change and organizational culture also present barriers, as employees may be reluctant to embrace new processes and technologies, impeding successful implementation efforts.

Despite these challenges, the Global BPM Market presents a myriad of opportunities for vendors and businesses alike. Emerging markets offer untapped potential, with organizations increasingly recognizing the importance of process optimization for maintaining competitiveness. Industry-specific BPM solutions tailored to verticals such as healthcare, banking, and manufacturing are gaining traction, presenting new market segments for vendors. The integration of BPM with emerging technologies like artificial intelligence (AI) and robotic process automation (RPA) holds promise for enhancing automation and innovation in process management. The shift towards subscription-based pricing models and cloud-based deployments offers vendors an opportunity to reach a broader customer base, driving greater accessibility and scalability in BPM solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Business Function
    3. Market Snapshot, By Industry
    4. Market Snapshot, By Region
  4. Global Business Process Management Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Compliance and Risk Management
        2. Customer Experience Enhancement
        3. Cloud-based Solutions Adoption
      2. Restraints
        1. Resistance to Change and Organizational Culture
        2. High Initial Investment and Implementation Costs
        3. Lack of Skilled Professionals
      3. Opportunities
        1. Industry-specific Solutions Development
        2. Integration with Emerging Technologies
        3. Subscription-based Pricing Models
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Business Process Management Market, By Component, 2021- 2031(USD Million)
      1. Platform
      2. Services
    2. Global Business Process Management Market, By Business Function, 2021- 2031(USD Million)
      1. Human Resource Management (HRM)
      2. Procurement and Supply Chain Management (SCM)
      3. Sales and Marketing
      4. Accounting and Finance
      5. Customer Service Support
      6. Others
    3. Global Business Process Management Market, By Industry, 2021- 2031(USD Million)
      1. BFSI
      2. IT
      3. Telecommunication
      4. Retail and Consumer Goods
      5. Healthcare and Life Sciences
      6. Others
    4. Global Business Process Management Market, By Geography, 2021- 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Pegasystems
      2. Appian
      3. IBM
      4. Oracle
      5. Software AG
      6. Nintex
      7. OpenText
      8. Genpact
      9. Newgen Software
      10. TIBCO
      11. Bizagi
      12. ProcessMaker
      13. Creatio
      14. AgilePoint
      15. Bp Logix
      16. K2
      17. Kissflow
      18. Bonitasoft
      19. Kofax
      20. AuraPortal
      21. Right-To-Win
  7. Analyst Views
  8. Future Outlook of the Market