Dallas, Texas, May 19, 2021 (GLOBE NEWSWIRE) — The “Global Business Process Management Market Size 2018, By Type (Process Improvement, Automation, Content and Document Management, Integration, Monitoring, and Optimization), Application (Government & Defense, BFSI, IT & Telecom, Healthcare, Retail, Manufacturing, and Others), Region and Forecast 2019 to 2025” study provides an elaborative view of historic, present and forecasted market estimates.
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The global business process management market is projected to reach a value of USD 24,413.93 million by 2025, growing at a CAGR of 15.7%. The rising requirement of automate processes and attain business agility in numerous industries is anticipated to propel the adoption of the business process management platform. There is rising implementation of cloud-based business process management software and services among Small and Medium-sized Enterprises (SMEs), hence the target market is projected to attain significant market value in the given time frame.
Adroit Market Research report on the global business process management market gives a holistic view of the market from 2015 to 2025, which includes factors such as market drivers, restraints, opportunities, and challenges. The market has been studied for historic years from 2015 to 2017, with the base year of estimation as 2018 and forecast from 2019 to 2025. The report…