The global process mining market size is expected to grow from US$ 1.21 billion in 2022 to US$ 22.64 billion by 2030; it is estimated to record a CAGR of 44.2% from 2022 to 2030.

Over the past few decades, the market for process mining has experienced significant growth, driven by factors including the increasing installation of technology-based applications and the combination of RPA and processing mining applications. Businesses across all sectors are undergoing a digital transition due to automation. They are searching for technology that will enable them to reduce investment expenses and boost efficiency.

With a wide overview of product capabilities and features of process mining, Celonis holds higher process mining market share. The German company Celonis SE was founded in 2011 and has offices across North America, Europe, and Asia Pacific. The company has more than 100 consulting and implementation partners and more than 1,000 clients from more than 30 countries. Celonis process mining solution provides companies with a modern way to manage their business processes entirely on data and intelligence. The company provides its solutions across various industries such as banking, consumer goods, healthcare, insurance, life sciences and pharma, manufacturing, energy, public sector, retail, telco, and utilities. Celonis solution enables customers to optimize their business processes. Celonis offers company executives and users unique tools to continuously uncover improvement opportunities within and across processes and execute targeted actions to optimize process performance quickly. Celonis is powered by its premier process mining technology. In addition to having a direct financial impact, this optimization drastically enhances consumer satisfaction and lowers carbon emissions. Celonis is a global company with thousands of implementations and over 20 locations globally. Its headquarters are in Munich (Germany) and New York City (US). Moreover, in 2023, Celonis ranked in the top 20 on the Forbes Cloud 100 List, the definitive ranking of the top-performing 100 private cloud companies worldwide, for the third consecutive year.

Celonis SE; IBM Corporation; Software AG; QPR Software; Hyland Software, Inc.; UiPath; Cloud Software Group, Inc (TIBCO Software); ABBYY; Microsoft; and Fluxicon BV are among are among the prominent players profiled in the process mining market report. Several other essential market players were also analyzed in the process mining market analysis for a holistic view of the market and its ecosystem.

The overall process mining market size has been derived using both primary and secondary sources. To begin the process mining market research process, thorough secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the process mining market forecast. The process also serves the purpose of obtaining an overview and market forecast of the process mining market growth with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the global process mining market.