Digital Process Automation Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Digital process automation refers to the use of digital technology to perform the process to accomplish workflow. Many businesses realize the benefits of adopting the digital process automation to their workflow that grows demand for the digital process automation market. Automation is the need of today's business for reducing time and minimum error. Additionally, increasing digitalization in enterprises is propelling the growth of the digital process automation market.
MARKET DYNAMICS
Digital process automation is used to increase customer engagement across the digital channel. Additionally, it provides operational stability, improves workflow efficiency, and reducing time. This factor drives the growth of the digital process automation market. However, implementing process automation requires a high initial investment and a lack of awareness among business enterprises that may restrain the growth of the market. Growing the IT and telecom sector drives the growth of the digital process automation market. Also, increasing the BSFI, retailers, enterprises, and others, that are expected to drive the growth of the digital process automation market.
MARKET SCOPE
The "Global Digital Process Automation Market Analysis to 2031" is a specialized and in-depth study of the digital process automation market with a special focus on the global market trend analysis. The report aims to provide an overview of digital process automation market with detailed market segmentation by component, business function, deployment type, enterprise size, industry vertical, and geography. The global digital process automation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading digital process automation market players and offers key trends and opportunities in the digital process automation market.
MARKET SEGMENTATION
The global digital process automation market is segmented on the basis of component, business function, deployment type, enterprise size, industry vertical. On the basis of component the market is segmented as solution, services. On the basis of deployment type the market is segmented as sales process automation, supply chain automation, claims automation, marketing automation. On the basis of deployment type the market is segmented as on-premises, cloud. On the basis of enterprise size the market is segmented as large enterprises, small and medium-size enterprises. On the basis of industry vertical the market is segmented as BFSI, consumer goods and retail, energy and utilities, media and entertainment, IT and telecom, others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global digital process automation market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The digital process automation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting digital process automation market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the digital process automation market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global digital process automation market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The digital process automation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting digital process automation market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the digital process automation market in these regions.
MARKET PLAYERS
The reports cover key developments in the digital process automation 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 expansion of business and customer base of market players. The market players from digital process automation are anticipated to lucrative growth opportunities in the future with the rising demand for digital process automation in the global market. Below mentioned is the list of few companies engaged in the digital process automation market.
The report also includes the profiles of key digital process automation companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Appian
- Bizagi
- Cognizant
- DST Systems
- IBM
- Mindtree
- Nintex
- Oracle
- Pegasystems
- Tibco Software
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Digital Process Automation Market - By Component
1.3.2Digital Process Automation Market - By Business Function
1.3.3Digital Process Automation Market - By Deployment Type
1.3.4Digital Process Automation Market - By Enterprise Size
1.3.5Digital Process Automation Market - By Industry Vertical
1.3.6Digital Process Automation Market - By Region
1.3.6.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.DIGITAL PROCESS AUTOMATION MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.DIGITAL PROCESS AUTOMATION MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6.DIGITAL PROCESS AUTOMATION MARKET - GLOBAL MARKET ANALYSIS
6.1.DIGITAL PROCESS AUTOMATION - GLOBAL MARKET OVERVIEW
6.2.DIGITAL PROCESS AUTOMATION - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.DIGITAL PROCESS AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1.OVERVIEW
7.2.COMPONENT MARKET FORECASTS AND ANALYSIS
7.3.SOLUTION
7.3.1.Overview
7.3.2.Solution Market Forecast and Analysis
7.4.SERVICES
7.4.1.Overview
7.4.2.Services Market Forecast and Analysis
8.DIGITAL PROCESS AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - BUSINESS FUNCTION
8.1.OVERVIEW
8.2.BUSINESS FUNCTION MARKET FORECASTS AND ANALYSIS
8.3.SALES PROCESS AUTOMATION
8.3.1.Overview
8.3.2.Sales Process Automation Market Forecast and Analysis
8.4.SUPPLY CHAIN AUTOMATION
8.4.1.Overview
8.4.2.Supply Chain Automation Market Forecast and Analysis
8.5.CLAIMS AUTOMATION
8.5.1.Overview
8.5.2.Claims Automation Market Forecast and Analysis
8.6.MARKETING AUTOMATION
8.6.1.Overview
8.6.2.Marketing Automation Market Forecast and Analysis
9.DIGITAL PROCESS AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT TYPE
9.1.OVERVIEW
9.2.DEPLOYMENT TYPE MARKET FORECASTS AND ANALYSIS
9.3.ON-PREMISES
9.3.1.Overview
9.3.2.On-Premises Market Forecast and Analysis
9.4.CLOUD
9.4.1.Overview
9.4.2.Cloud Market Forecast and Analysis
10.DIGITAL PROCESS AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - ENTERPRISE SIZE
10.1.OVERVIEW
10.2.ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
10.3.LARGE ENTERPRISES
10.3.1.Overview
10.3.2.Large Enterprises Market Forecast and Analysis
10.4.SMALL AND MEDIUM-SIZE ENTERPRISES
10.4.1.Overview
10.4.2.Small and Medium-Size Enterprises Market Forecast and Analysis
11.DIGITAL PROCESS AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
11.1.OVERVIEW
11.2.INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
11.3.BFSI
11.3.1.Overview
11.3.2.BFSI Market Forecast and Analysis
11.4.CONSUMER GOODS AND RETAIL
11.4.1.Overview
11.4.2.Consumer Goods and Retail Market Forecast and Analysis
11.5.ENERGY AND UTILITIES
11.5.1.Overview
11.5.2.Energy and Utilities Market Forecast and Analysis
11.6.MEDIA AND ENTERTAINMENT
11.6.1.Overview
11.6.2.Media and Entertainment Market Forecast and Analysis
11.7.IT AND TELECOM
11.7.1.Overview
11.7.2.IT and Telecom Market Forecast and Analysis
11.8.OTHERS
11.8.1.Overview
11.8.2.Others Market Forecast and Analysis
12.DIGITAL PROCESS AUTOMATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1.NORTH AMERICA
12.1.1North America Digital Process Automation Market Overview
12.1.2North America Digital Process Automation Market Forecasts and Analysis
12.1.3North America Digital Process Automation Market Forecasts and Analysis - By Component
12.1.4North America Digital Process Automation Market Forecasts and Analysis - By Business Function
12.1.5North America Digital Process Automation Market Forecasts and Analysis - By Deployment Type
12.1.6North America Digital Process Automation Market Forecasts and Analysis - By Enterprise Size
12.1.7North America Digital Process Automation Market Forecasts and Analysis - By Industry Vertical
12.1.8North America Digital Process Automation Market Forecasts and Analysis - By Countries
12.1.8.1Canada Digital Process Automation Market
12.1.8.1.1Canada Digital Process Automation Market by Component
12.1.8.1.2Canada Digital Process Automation Market by Business Function
12.1.8.1.3Canada Digital Process Automation Market by Deployment Type
12.1.8.1.4Canada Digital Process Automation Market by Enterprise Size
12.1.8.1.5Canada Digital Process Automation Market by Industry Vertical
12.1.8.2Mexico Digital Process Automation Market
12.1.8.2.1Mexico Digital Process Automation Market by Component
12.1.8.2.2Mexico Digital Process Automation Market by Business Function
12.1.8.2.3Mexico Digital Process Automation Market by Deployment Type
12.1.8.2.4Mexico Digital Process Automation Market by Enterprise Size
12.1.8.2.5Mexico Digital Process Automation Market by Industry Vertical
12.1.8.3US Digital Process Automation Market
12.1.8.3.1US Digital Process Automation Market by Component
12.1.8.3.2US Digital Process Automation Market by Business Function
12.1.8.3.3US Digital Process Automation Market by Deployment Type
12.1.8.3.4US Digital Process Automation Market by Enterprise Size
12.1.8.3.5US Digital Process Automation Market by Industry Vertical
12.2.EUROPE
12.2.1Europe Digital Process Automation Market Overview
12.2.2Europe Digital Process Automation Market Forecasts and Analysis
12.2.3Europe Digital Process Automation Market Forecasts and Analysis - By Component
12.2.4Europe Digital Process Automation Market Forecasts and Analysis - By Business Function
12.2.5Europe Digital Process Automation Market Forecasts and Analysis - By Deployment Type
12.2.6Europe Digital Process Automation Market Forecasts and Analysis - By Enterprise Size
12.2.7Europe Digital Process Automation Market Forecasts and Analysis - By Industry Vertical
12.2.8Europe Digital Process Automation Market Forecasts and Analysis - By Countries
12.2.8.1Germany Digital Process Automation Market
12.2.8.1.1Germany Digital Process Automation Market by Component
12.2.8.1.2Germany Digital Process Automation Market by Business Function
12.2.8.1.3Germany Digital Process Automation Market by Deployment Type
12.2.8.1.4Germany Digital Process Automation Market by Enterprise Size
12.2.8.1.5Germany Digital Process Automation Market by Industry Vertical
12.2.8.2France Digital Process Automation Market
12.2.8.2.1France Digital Process Automation Market by Component
12.2.8.2.2France Digital Process Automation Market by Business Function
12.2.8.2.3France Digital Process Automation Market by Deployment Type
12.2.8.2.4France Digital Process Automation Market by Enterprise Size
12.2.8.2.5France Digital Process Automation Market by Industry Vertical
12.2.8.3Italy Digital Process Automation Market
12.2.8.3.1Italy Digital Process Automation Market by Component
12.2.8.3.2Italy Digital Process Automation Market by Business Function
12.2.8.3.3Italy Digital Process Automation Market by Deployment Type
12.2.8.3.4Italy Digital Process Automation Market by Enterprise Size
12.2.8.3.5Italy Digital Process Automation Market by Industry Vertical
12.2.8.4United Kingdom Digital Process Automation Market
12.2.8.4.1United Kingdom Digital Process Automation Market by Component
12.2.8.4.2United Kingdom Digital Process Automation Market by Business Function
12.2.8.4.3United Kingdom Digital Process Automation Market by Deployment Type
12.2.8.4.4United Kingdom Digital Process Automation Market by Enterprise Size
12.2.8.4.5United Kingdom Digital Process Automation Market by Industry Vertical
12.2.8.5Russia Digital Process Automation Market
12.2.8.5.1Russia Digital Process Automation Market by Component
12.2.8.5.2Russia Digital Process Automation Market by Business Function
12.2.8.5.3Russia Digital Process Automation Market by Deployment Type
12.2.8.5.4Russia Digital Process Automation Market by Enterprise Size
12.2.8.5.5Russia Digital Process Automation Market by Industry Vertical
12.2.8.6Rest of Europe Digital Process Automation Market
12.2.8.6.1Rest of Europe Digital Process Automation Market by Component
12.2.8.6.2Rest of Europe Digital Process Automation Market by Business Function
12.2.8.6.3Rest of Europe Digital Process Automation Market by Deployment Type
12.2.8.6.4Rest of Europe Digital Process Automation Market by Enterprise Size
12.2.8.6.5Rest of Europe Digital Process Automation Market by Industry Vertical
12.3.ASIA-PACIFIC
12.3.1Asia-Pacific Digital Process Automation Market Overview
12.3.2Asia-Pacific Digital Process Automation Market Forecasts and Analysis
12.3.3Asia-Pacific Digital Process Automation Market Forecasts and Analysis - By Component
12.3.4Asia-Pacific Digital Process Automation Market Forecasts and Analysis - By Business Function
12.3.5Asia-Pacific Digital Process Automation Market Forecasts and Analysis - By Deployment Type
12.3.6Asia-Pacific Digital Process Automation Market Forecasts and Analysis - By Enterprise Size
12.3.7Asia-Pacific Digital Process Automation Market Forecasts and Analysis - By Industry Vertical
12.3.8Asia-Pacific Digital Process Automation Market Forecasts and Analysis - By Countries
12.3.8.1Australia Digital Process Automation Market
12.3.8.1.1Australia Digital Process Automation Market by Component
12.3.8.1.2Australia Digital Process Automation Market by Business Function
12.3.8.1.3Australia Digital Process Automation Market by Deployment Type
12.3.8.1.4Australia Digital Process Automation Market by Enterprise Size
12.3.8.1.5Australia Digital Process Automation Market by Industry Vertical
12.3.8.2China Digital Process Automation Market
12.3.8.2.1China Digital Process Automation Market by Component
12.3.8.2.2China Digital Process Automation Market by Business Function
12.3.8.2.3China Digital Process Automation Market by Deployment Type
12.3.8.2.4China Digital Process Automation Market by Enterprise Size
12.3.8.2.5China Digital Process Automation Market by Industry Vertical
12.3.8.3India Digital Process Automation Market
12.3.8.3.1India Digital Process Automation Market by Component
12.3.8.3.2India Digital Process Automation Market by Business Function
12.3.8.3.3India Digital Process Automation Market by Deployment Type
12.3.8.3.4India Digital Process Automation Market by Enterprise Size
12.3.8.3.5India Digital Process Automation Market by Industry Vertical
12.3.8.4Japan Digital Process Automation Market
12.3.8.4.1Japan Digital Process Automation Market by Component
12.3.8.4.2Japan Digital Process Automation Market by Business Function
12.3.8.4.3Japan Digital Process Automation Market by Deployment Type
12.3.8.4.4Japan Digital Process Automation Market by Enterprise Size
12.3.8.4.5Japan Digital Process Automation Market by Industry Vertical
12.3.8.5South Korea Digital Process Automation Market
12.3.8.5.1South Korea Digital Process Automation Market by Component
12.3.8.5.2South Korea Digital Process Automation Market by Business Function
12.3.8.5.3South Korea Digital Process Automation Market by Deployment Type
12.3.8.5.4South Korea Digital Process Automation Market by Enterprise Size
12.3.8.5.5South Korea Digital Process Automation Market by Industry Vertical
12.3.8.6Rest of Asia-Pacific Digital Process Automation Market
12.3.8.6.1Rest of Asia-Pacific Digital Process Automation Market by Component
12.3.8.6.2Rest of Asia-Pacific Digital Process Automation Market by Business Function
12.3.8.6.3Rest of Asia-Pacific Digital Process Automation Market by Deployment Type
12.3.8.6.4Rest of Asia-Pacific Digital Process Automation Market by Enterprise Size
12.3.8.6.5Rest of Asia-Pacific Digital Process Automation Market by Industry Vertical
12.4.MIDDLE EAST AND AFRICA
12.4.1Middle East and Africa Digital Process Automation Market Overview
12.4.2Middle East and Africa Digital Process Automation Market Forecasts and Analysis
12.4.3Middle East and Africa Digital Process Automation Market Forecasts and Analysis - By Component
12.4.4Middle East and Africa Digital Process Automation Market Forecasts and Analysis - By Business Function
12.4.5Middle East and Africa Digital Process Automation Market Forecasts and Analysis - By Deployment Type
12.4.6Middle East and Africa Digital Process Automation Market Forecasts and Analysis - By Enterprise Size
12.4.7Middle East and Africa Digital Process Automation Market Forecasts and Analysis - By Industry Vertical
12.4.8Middle East and Africa Digital Process Automation Market Forecasts and Analysis - By Countries
12.4.8.1South Africa Digital Process Automation Market
12.4.8.1.1South Africa Digital Process Automation Market by Component
12.4.8.1.2South Africa Digital Process Automation Market by Business Function
12.4.8.1.3South Africa Digital Process Automation Market by Deployment Type
12.4.8.1.4South Africa Digital Process Automation Market by Enterprise Size
12.4.8.1.5South Africa Digital Process Automation Market by Industry Vertical
12.4.8.2Saudi Arabia Digital Process Automation Market
12.4.8.2.1Saudi Arabia Digital Process Automation Market by Component
12.4.8.2.2Saudi Arabia Digital Process Automation Market by Business Function
12.4.8.2.3Saudi Arabia Digital Process Automation Market by Deployment Type
12.4.8.2.4Saudi Arabia Digital Process Automation Market by Enterprise Size
12.4.8.2.5Saudi Arabia Digital Process Automation Market by Industry Vertical
12.4.8.3U.A.E Digital Process Automation Market
12.4.8.3.1U.A.E Digital Process Automation Market by Component
12.4.8.3.2U.A.E Digital Process Automation Market by Business Function
12.4.8.3.3U.A.E Digital Process Automation Market by Deployment Type
12.4.8.3.4U.A.E Digital Process Automation Market by Enterprise Size
12.4.8.3.5U.A.E Digital Process Automation Market by Industry Vertical
12.4.8.4Rest of Middle East and Africa Digital Process Automation Market
12.4.8.4.1Rest of Middle East and Africa Digital Process Automation Market by Component
12.4.8.4.2Rest of Middle East and Africa Digital Process Automation Market by Business Function
12.4.8.4.3Rest of Middle East and Africa Digital Process Automation Market by Deployment Type
12.4.8.4.4Rest of Middle East and Africa Digital Process Automation Market by Enterprise Size
12.4.8.4.5Rest of Middle East and Africa Digital Process Automation Market by Industry Vertical
12.5.SOUTH AND CENTRAL AMERICA
12.5.1South and Central America Digital Process Automation Market Overview
12.5.2South and Central America Digital Process Automation Market Forecasts and Analysis
12.5.3South and Central America Digital Process Automation Market Forecasts and Analysis - By Component
12.5.4South and Central America Digital Process Automation Market Forecasts and Analysis - By Business Function
12.5.5South and Central America Digital Process Automation Market Forecasts and Analysis - By Deployment Type
12.5.6South and Central America Digital Process Automation Market Forecasts and Analysis - By Enterprise Size
12.5.7South and Central America Digital Process Automation Market Forecasts and Analysis - By Industry Vertical
12.5.8South and Central America Digital Process Automation Market Forecasts and Analysis - By Countries
12.5.8.1Brazil Digital Process Automation Market
12.5.8.1.1Brazil Digital Process Automation Market by Component
12.5.8.1.2Brazil Digital Process Automation Market by Business Function
12.5.8.1.3Brazil Digital Process Automation Market by Deployment Type
12.5.8.1.4Brazil Digital Process Automation Market by Enterprise Size
12.5.8.1.5Brazil Digital Process Automation Market by Industry Vertical
12.5.8.2Argentina Digital Process Automation Market
12.5.8.2.1Argentina Digital Process Automation Market by Component
12.5.8.2.2Argentina Digital Process Automation Market by Business Function
12.5.8.2.3Argentina Digital Process Automation Market by Deployment Type
12.5.8.2.4Argentina Digital Process Automation Market by Enterprise Size
12.5.8.2.5Argentina Digital Process Automation Market by Industry Vertical
12.5.8.3Rest of South and Central America Digital Process Automation Market
12.5.8.3.1Rest of South and Central America Digital Process Automation Market by Component
12.5.8.3.2Rest of South and Central America Digital Process Automation Market by Business Function
12.5.8.3.3Rest of South and Central America Digital Process Automation Market by Deployment Type
12.5.8.3.4Rest of South and Central America Digital Process Automation Market by Enterprise Size
12.5.8.3.5Rest of South and Central America Digital Process Automation Market by Industry Vertical
13.INDUSTRY LANDSCAPE
13.1.MERGERS AND ACQUISITIONS
13.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3.NEW PRODUCT LAUNCHES
13.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14.DIGITAL PROCESS AUTOMATION MARKET, KEY COMPANY PROFILES
14.1.APPIAN
14.1.1.Key Facts
14.1.2.Business Description
14.1.3.Products and Services
14.1.4.Financial Overview
14.1.5.SWOT Analysis
14.1.6.Key Developments
14.2.BIZAGI
14.2.1.Key Facts
14.2.2.Business Description
14.2.3.Products and Services
14.2.4.Financial Overview
14.2.5.SWOT Analysis
14.2.6.Key Developments
14.3.COGNIZANT
14.3.1.Key Facts
14.3.2.Business Description
14.3.3.Products and Services
14.3.4.Financial Overview
14.3.5.SWOT Analysis
14.3.6.Key Developments
14.4.DST SYSTEMS
14.4.1.Key Facts
14.4.2.Business Description
14.4.3.Products and Services
14.4.4.Financial Overview
14.4.5.SWOT Analysis
14.4.6.Key Developments
14.5.IBM
14.5.1.Key Facts
14.5.2.Business Description
14.5.3.Products and Services
14.5.4.Financial Overview
14.5.5.SWOT Analysis
14.5.6.Key Developments
14.6.MINDTREE
14.6.1.Key Facts
14.6.2.Business Description
14.6.3.Products and Services
14.6.4.Financial Overview
14.6.5.SWOT Analysis
14.6.6.Key Developments
14.7.NINTEX
14.7.1.Key Facts
14.7.2.Business Description
14.7.3.Products and Services
14.7.4.Financial Overview
14.7.5.SWOT Analysis
14.7.6.Key Developments
14.8.ORACLE
14.8.1.Key Facts
14.8.2.Business Description
14.8.3.Products and Services
14.8.4.Financial Overview
14.8.5.SWOT Analysis
14.8.6.Key Developments
14.9.PEGASYSTEMS
14.9.1.Key Facts
14.9.2.Business Description
14.9.3.Products and Services
14.9.4.Financial Overview
14.9.5.SWOT Analysis
14.9.6.Key Developments
14.10.TIBCO SOFTWARE
14.10.1.Key Facts
14.10.2.Business Description
14.10.3.Products and Services
14.10.4.Financial Overview
14.10.5.SWOT Analysis
14.10.6.Key Developments
15.APPENDIX
15.1.ABOUT THE INSIGHT PARTNERS
15.2.GLOSSARY OF TERMS
1. Appian
2. Bizagi
3. Cognizant
4. DST Systems
5. IBM
6. Mindtree
7. Nintex
8. Oracle
9. Pegasystems
10. Tibco Software
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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