Mobile BPM (business process management) is an effective technique to ensure workflow in business through real-time access from remote locations via the Internet on mobiles. The proliferating trend of work from home at numerous organizations and mobile BPM allows employees to run their daily tasks through their mobiles at remote locations and their offices as well. Thereby, rising demand for the mobile BMP market during the forecast period. Moreover, a large number of enterprises use mobile BPM solutions to automate operations, exploit opportunities, make better decisions, and improve turn-around-time as well as operational performance which anticipating the growth of the mobile BPM market.
MARKET SCOPE
The "Global Mobile BPM Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the mobile BPM market with detailed
MARKET SEGMENTATION
- by solution, services, enterprise size, deployment, end-user and geography. The report provides key statistics on the market status of the leading mobile BPM market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on solution, the global mobile BPM market is segmented into automation, content and document management, integration, monitoring and optimization, process modeling and design, and others.
- On the basis of services, the market is segmented into professional services and managed services.
- Based on enterprise size, the market is segmented into small and medium-size enterprises and large enterprises.
- based on deployment, the market is segmented into public cloud, private cloud, nd hybrid cloud.
- Based on end-user, the market is segmented into BFSI, it and telecom, government, manufacturing, healthcare, retails, and others.
MARKET DYNAMICS
Drivers:
- Mobile BPM is a specially designed information system that permits customers, staff, business partners to interact more efficiently and productively. Additionally, it helps to deal with major issues such as redundancy in systems processes, and the absence of flexibility and transparency in processes. Henceforth, increasing the implementation of mobile BPM that influences market growth.
- Increasing adoption of mobile BPM due to its benefits such as enterprises can significantly improve business responsiveness, improve processing times, and increase productivity. Thus, boosting the demand for the mobile BPM market.
- Further, the acceptance of technologies such as IoT, big data, cloud computing, process automation software, and artificial intelligence are going to play a massive role in the adoption of business process management that expected to drive the growth of the mobile BPM market.
Restraints:
- High cost may hinder the growth of the mobile BPM market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The mobile BPM market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the mobile BPM market in these regions.
IMPACT OF COVID-19 ON MOBILE BPM MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the mobile BPM market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from mobile BPM market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the mobile BPM market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Appian
- FUJITSU
- HP Development Company, L.P.
- Hyland Software, Inc.
- IBM
- Open Text Corporation
- Oracle
- Pegasystems Inc.
- Software AG
- TIBCO Software Inc.