Workflow Automation Market SWOT Analysis by 2031
The global workflow automation market is continuously growing at a rapid pace. The processes that can accelerate the growth of businesses are readily adopted across various industrial frameworks. There is a necessity for improved functionalities and workflows across firms, and industry leaders are serious about accomplishing this requirement. In this scenario of speedy technological disruptions, the business sector is also looking to renovate its operational dynamics. Thus, the global workflow automation market is predicted to attract increased revenues in the years to follow.
MARKET DYNAMICS
The better utilization of resources, improved business processes, and cost efficiency are some of the major factors driving the growth of the workflow automation market. The growing sizes of companies, changing the nature of businesses, and advancements in technologies that offer a quicker help to industries with huge volumes of data and functionalities are anticipated to boost the growth of the workflow automation market.
MARKET SCOPE
The "Global Workflow Automation Market Analysis to 2031" is a specialized and in-depth study of the workflow automation market with a special focus on the global market trend analysis. The report aims to provide an overview of workflow automation market with detailed market segmentation by component, process, operation, organization size, deployment, industry. The global workflow automation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading workflow automation market players and offers key trends and opportunities in the workflow automation market.
MARKET SEGMENTATION
The global workflow automation market is segmented on the basis of component, process, operation, organization size, deployment, industry. On the basis of component, the market is segmented as software, services. On the basis of process, the market is segmented as automated solution, decision support and management solution, interaction solution. On the basis of operation, the market is segmented as rule-based, knowledge-based, robotic process automation-based. On the basis of organization size, the market is segmented as large enterprises, SMEs. On the basis of deployment, the market is segmented as cloud, on-premise. On the basis of industry, the market is segmented as BFSI, telecom and it, retail and consumer goods, manufacturing and logistics, healthcare and pharmaceuticals, energy and utilities, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global workflow 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 workflow 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 workflow 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 workflow 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 workflow 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 workflow 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 workflow 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 workflow automation market in these regions.
MARKET PLAYERS
The reports cover key developments in the workflow 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 workflow automation market are anticipated to lucrative growth opportunities in the future with the rising demand for workflow automation market. Below mentioned is the list of few companies engaged in the workflow automation market.
The report also includes the profiles of key workflow automation market 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.
- IBM Corporation
- K2 Software, Inc.
- Open Text Corporation
- Oracle Corporation
- Pegasystems Inc.
- Software AG
- BLUE PRISM LIMITED
- Tibco Software Inc.
- UiPath
- Xerox Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- 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
1.3.1 Workflow Automation Market - By Component
1.3.2 Workflow Automation Market - By Process
1.3.3 Workflow Automation Market - By Operation
1.3.4 Workflow Automation Market - By Organization Size
1.3.5 Workflow Automation Market - By Deployment
1.3.6 Workflow Automation Market - By Industry
1.3.7 Workflow Automation Market - By Region
1.3.7.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WORKFLOW AUTOMATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. WORKFLOW 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 AND RESTRAINTS
6. WORKFLOW AUTOMATION MARKET - GLOBAL MARKET ANALYSIS
6.1. WORKFLOW AUTOMATION - GLOBAL MARKET OVERVIEW
6.2. WORKFLOW AUTOMATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WORKFLOW AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 – COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOFTWARE
7.3.1. Overview
7.3.2. Software Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. WORKFLOW AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 – PROCESS
8.1. OVERVIEW
8.2. PROCESS MARKET FORECASTS AND ANALYSIS
8.3. AUTOMATED SOLUTION
8.3.1. Overview
8.3.2. Automated Solution Market Forecast and Analysis
8.4. DECISION SUPPORT AND MANAGEMENT SOLUTION
8.4.1. Overview
8.4.2. Decision Support and Management Solution Market Forecast and Analysis
8.5. INTERACTION SOLUTION
8.5.1. Overview
8.5.2. Interaction Solution Market Forecast and Analysis
9. WORKFLOW AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 – OPERATION
9.1. OVERVIEW
9.2. OPERATION MARKET FORECASTS AND ANALYSIS
9.3. RULE-BASED
9.3.1. Overview
9.3.2. Rule-Based Market Forecast and Analysis
9.4. KNOWLEDGE-BASED
9.4.1. Overview
9.4.2. Knowledge-Based Market Forecast and Analysis
9.5. ROBOTIC PROCESS AUTOMATION-BASED
9.5.1. Overview
9.5.2. Robotic Process Automation-Based Market Forecast and Analysis
10. WORKFLOW AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 – ORGANIZATION SIZE
10.1. OVERVIEW
10.2. ORGANIZATION SIZE MARKET FORECASTS AND ANALYSIS
10.3. LARGE ENTERPRISES
10.3.1. Overview
10.3.2. Large Enterprises Market Forecast and Analysis
10.4. SMES
10.4.1. Overview
10.4.2. SMEs Market Forecast and Analysis
11. WORKFLOW AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 – DEPLOYMENT
11.1. OVERVIEW
11.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
11.3. CLOUD
11.3.1. Overview
11.3.2. Cloud Market Forecast and Analysis
11.4. ON-PREMISE
11.4.1. Overview
11.4.2. On-Premise Market Forecast and Analysis
12. WORKFLOW AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 – INDUSTRY
12.1. OVERVIEW
12.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
12.3. BFSI
12.3.1. Overview
12.3.2. BFSI Market Forecast and Analysis
12.4. TELECOM AND IT
12.4.1. Overview
12.4.2. Telecom and IT Market Forecast and Analysis
12.5. RETAIL AND CONSUMER GOODS
12.5.1. Overview
12.5.2. Retail and Consumer Goods Market Forecast and Analysis
12.6. MANUFACTURING AND LOGISTICS
12.6.1. Overview
12.6.2. Manufacturing and Logistics Market Forecast and Analysis
12.7. HEALTHCARE AND PHARMACEUTICALS
12.7.1. Overview
12.7.2. Healthcare and Pharmaceuticals Market Forecast and Analysis
12.8. ENERGY AND UTILITIES
12.8.1. Overview
12.8.2. Energy and Utilities Market Forecast and Analysis
12.9. OTHERS
12.9.1. Overview
12.9.2. Others Market Forecast and Analysis
13. WORKFLOW AUTOMATION MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
13.1. NORTH AMERICA
13.1.1 North America Workflow Automation Market Overview
13.1.2 North America Workflow Automation Market Forecasts and Analysis
13.1.3 North America Workflow Automation Market Forecasts and Analysis - By Component
13.1.4 North America Workflow Automation Market Forecasts and Analysis - By Process
13.1.5 North America Workflow Automation Market Forecasts and Analysis - By Operation
13.1.6 North America Workflow Automation Market Forecasts and Analysis - By Organization Size
13.1.7 North America Workflow Automation Market Forecasts and Analysis - By Deployment
13.1.8 North America Workflow Automation Market Forecasts and Analysis - By Industry
13.1.9 North America Workflow Automation Market Forecasts and Analysis - By Countries
13.1.9.1 United States Workflow Automation Market
13.1.9.1.1 United States Workflow Automation Market by Component
13.1.9.1.2 United States Workflow Automation Market by Process
13.1.9.1.3 United States Workflow Automation Market by Operation
13.1.9.1.4 United States Workflow Automation Market by Organization Size
13.1.9.1.5 United States Workflow Automation Market by Deployment
13.1.9.1.6 United States Workflow Automation Market by Industry
13.1.9.2 Canada Workflow Automation Market
13.1.9.2.1 Canada Workflow Automation Market by Component
13.1.9.2.2 Canada Workflow Automation Market by Process
13.1.9.2.3 Canada Workflow Automation Market by Operation
13.1.9.2.4 Canada Workflow Automation Market by Organization Size
13.1.9.2.5 Canada Workflow Automation Market by Deployment
13.1.9.2.6 Canada Workflow Automation Market by Industry
13.1.9.3 Mexico Workflow Automation Market
13.1.9.3.1 Mexico Workflow Automation Market by Component
13.1.9.3.2 Mexico Workflow Automation Market by Process
13.1.9.3.3 Mexico Workflow Automation Market by Operation
13.1.9.3.4 Mexico Workflow Automation Market by Organization Size
13.1.9.3.5 Mexico Workflow Automation Market by Deployment
13.1.9.3.6 Mexico Workflow Automation Market by Industry
13.2. EUROPE
13.2.1 Europe Workflow Automation Market Overview
13.2.2 Europe Workflow Automation Market Forecasts and Analysis
13.2.3 Europe Workflow Automation Market Forecasts and Analysis - By Component
13.2.4 Europe Workflow Automation Market Forecasts and Analysis - By Process
13.2.5 Europe Workflow Automation Market Forecasts and Analysis - By Operation
13.2.6 Europe Workflow Automation Market Forecasts and Analysis - By Organization Size
13.2.7 Europe Workflow Automation Market Forecasts and Analysis - By Deployment
13.2.8 Europe Workflow Automation Market Forecasts and Analysis - By Industry
13.2.9 Europe Workflow Automation Market Forecasts and Analysis - By Countries
13.2.9.1 Germany Workflow Automation Market
13.2.9.1.1 Germany Workflow Automation Market by Component
13.2.9.1.2 Germany Workflow Automation Market by Process
13.2.9.1.3 Germany Workflow Automation Market by Operation
13.2.9.1.4 Germany Workflow Automation Market by Organization Size
13.2.9.1.5 Germany Workflow Automation Market by Deployment
13.2.9.1.6 Germany Workflow Automation Market by Industry
13.2.9.2 France Workflow Automation Market
13.2.9.2.1 France Workflow Automation Market by Component
13.2.9.2.2 France Workflow Automation Market by Process
13.2.9.2.3 France Workflow Automation Market by Operation
13.2.9.2.4 France Workflow Automation Market by Organization Size
13.2.9.2.5 France Workflow Automation Market by Deployment
13.2.9.2.6 France Workflow Automation Market by Industry
13.2.9.3 Italy Workflow Automation Market
13.2.9.3.1 Italy Workflow Automation Market by Component
13.2.9.3.2 Italy Workflow Automation Market by Process
13.2.9.3.3 Italy Workflow Automation Market by Operation
13.2.9.3.4 Italy Workflow Automation Market by Organization Size
13.2.9.3.5 Italy Workflow Automation Market by Deployment
13.2.9.3.6 Italy Workflow Automation Market by Industry
13.2.9.4 United Kingdom Workflow Automation Market
13.2.9.4.1 United Kingdom Workflow Automation Market by Component
13.2.9.4.2 United Kingdom Workflow Automation Market by Process
13.2.9.4.3 United Kingdom Workflow Automation Market by Operation
13.2.9.4.4 United Kingdom Workflow Automation Market by Organization Size
13.2.9.4.5 United Kingdom Workflow Automation Market by Deployment
13.2.9.4.6 United Kingdom Workflow Automation Market by Industry
13.2.9.5 Russia Workflow Automation Market
13.2.9.5.1 Russia Workflow Automation Market by Component
13.2.9.5.2 Russia Workflow Automation Market by Process
13.2.9.5.3 Russia Workflow Automation Market by Operation
13.2.9.5.4 Russia Workflow Automation Market by Organization Size
13.2.9.5.5 Russia Workflow Automation Market by Deployment
13.2.9.5.6 Russia Workflow Automation Market by Industry
13.2.9.6 Rest of Europe Workflow Automation Market
13.2.9.6.1 Rest of Europe Workflow Automation Market by Component
13.2.9.6.2 Rest of Europe Workflow Automation Market by Process
13.2.9.6.3 Rest of Europe Workflow Automation Market by Operation
13.2.9.6.4 Rest of Europe Workflow Automation Market by Organization Size
13.2.9.6.5 Rest of Europe Workflow Automation Market by Deployment
13.2.9.6.6 Rest of Europe Workflow Automation Market by Industry
13.3. ASIA-PACIFIC
13.3.1 Asia-Pacific Workflow Automation Market Overview
13.3.2 Asia-Pacific Workflow Automation Market Forecasts and Analysis
13.3.3 Asia-Pacific Workflow Automation Market Forecasts and Analysis - By Component
13.3.4 Asia-Pacific Workflow Automation Market Forecasts and Analysis - By Process
13.3.5 Asia-Pacific Workflow Automation Market Forecasts and Analysis - By Operation
13.3.6 Asia-Pacific Workflow Automation Market Forecasts and Analysis - By Organization Size
13.3.7 Asia-Pacific Workflow Automation Market Forecasts and Analysis - By Deployment
13.3.8 Asia-Pacific Workflow Automation Market Forecasts and Analysis - By Industry
13.3.9 Asia-Pacific Workflow Automation Market Forecasts and Analysis - By Countries
13.3.9.1 Australia Workflow Automation Market
13.3.9.1.1 Australia Workflow Automation Market by Component
13.3.9.1.2 Australia Workflow Automation Market by Process
13.3.9.1.3 Australia Workflow Automation Market by Operation
13.3.9.1.4 Australia Workflow Automation Market by Organization Size
13.3.9.1.5 Australia Workflow Automation Market by Deployment
13.3.9.1.6 Australia Workflow Automation Market by Industry
13.3.9.2 China Workflow Automation Market
13.3.9.2.1 China Workflow Automation Market by Component
13.3.9.2.2 China Workflow Automation Market by Process
13.3.9.2.3 China Workflow Automation Market by Operation
13.3.9.2.4 China Workflow Automation Market by Organization Size
13.3.9.2.5 China Workflow Automation Market by Deployment
13.3.9.2.6 China Workflow Automation Market by Industry
13.3.9.3 India Workflow Automation Market
13.3.9.3.1 India Workflow Automation Market by Component
13.3.9.3.2 India Workflow Automation Market by Process
13.3.9.3.3 India Workflow Automation Market by Operation
13.3.9.3.4 India Workflow Automation Market by Organization Size
13.3.9.3.5 India Workflow Automation Market by Deployment
13.3.9.3.6 India Workflow Automation Market by Industry
13.3.9.4 Japan Workflow Automation Market
13.3.9.4.1 Japan Workflow Automation Market by Component
13.3.9.4.2 Japan Workflow Automation Market by Process
13.3.9.4.3 Japan Workflow Automation Market by Operation
13.3.9.4.4 Japan Workflow Automation Market by Organization Size
13.3.9.4.5 Japan Workflow Automation Market by Deployment
13.3.9.4.6 Japan Workflow Automation Market by Industry
13.3.9.5 South Korea Workflow Automation Market
13.3.9.5.1 South Korea Workflow Automation Market by Component
13.3.9.5.2 South Korea Workflow Automation Market by Process
13.3.9.5.3 South Korea Workflow Automation Market by Operation
13.3.9.5.4 South Korea Workflow Automation Market by Organization Size
13.3.9.5.5 South Korea Workflow Automation Market by Deployment
13.3.9.5.6 South Korea Workflow Automation Market by Industry
13.3.9.6 Rest of Asia-Pacific Workflow Automation Market
13.3.9.6.1 Rest of Asia-Pacific Workflow Automation Market by Component
13.3.9.6.2 Rest of Asia-Pacific Workflow Automation Market by Process
13.3.9.6.3 Rest of Asia-Pacific Workflow Automation Market by Operation
13.3.9.6.4 Rest of Asia-Pacific Workflow Automation Market by Organization Size
13.3.9.6.5 Rest of Asia-Pacific Workflow Automation Market by Deployment
13.3.9.6.6 Rest of Asia-Pacific Workflow Automation Market by Industry
13.4. MIDDLE EAST AND AFRICA
13.4.1 Middle East and Africa Workflow Automation Market Overview
13.4.2 Middle East and Africa Workflow Automation Market Forecasts and Analysis
13.4.3 Middle East and Africa Workflow Automation Market Forecasts and Analysis - By Component
13.4.4 Middle East and Africa Workflow Automation Market Forecasts and Analysis - By Process
13.4.5 Middle East and Africa Workflow Automation Market Forecasts and Analysis - By Operation
13.4.6 Middle East and Africa Workflow Automation Market Forecasts and Analysis - By Organization Size
13.4.7 Middle East and Africa Workflow Automation Market Forecasts and Analysis - By Deployment
13.4.8 Middle East and Africa Workflow Automation Market Forecasts and Analysis - By Industry
13.4.9 Middle East and Africa Workflow Automation Market Forecasts and Analysis - By Countries
13.4.9.1 South Africa Workflow Automation Market
13.4.9.1.1 South Africa Workflow Automation Market by Component
13.4.9.1.2 South Africa Workflow Automation Market by Process
13.4.9.1.3 South Africa Workflow Automation Market by Operation
13.4.9.1.4 South Africa Workflow Automation Market by Organization Size
13.4.9.1.5 South Africa Workflow Automation Market by Deployment
13.4.9.1.6 South Africa Workflow Automation Market by Industry
13.4.9.2 Saudi Arabia Workflow Automation Market
13.4.9.2.1 Saudi Arabia Workflow Automation Market by Component
13.4.9.2.2 Saudi Arabia Workflow Automation Market by Process
13.4.9.2.3 Saudi Arabia Workflow Automation Market by Operation
13.4.9.2.4 Saudi Arabia Workflow Automation Market by Organization Size
13.4.9.2.5 Saudi Arabia Workflow Automation Market by Deployment
13.4.9.2.6 Saudi Arabia Workflow Automation Market by Industry
13.4.9.3 U.A.E Workflow Automation Market
13.4.9.3.1 U.A.E Workflow Automation Market by Component
13.4.9.3.2 U.A.E Workflow Automation Market by Process
13.4.9.3.3 U.A.E Workflow Automation Market by Operation
13.4.9.3.4 U.A.E Workflow Automation Market by Organization Size
13.4.9.3.5 U.A.E Workflow Automation Market by Deployment
13.4.9.3.6 U.A.E Workflow Automation Market by Industry
13.4.9.4 Rest of Middle East and Africa Workflow Automation Market
13.4.9.4.1 Rest of Middle East and Africa Workflow Automation Market by Component
13.4.9.4.2 Rest of Middle East and Africa Workflow Automation Market by Process
13.4.9.4.3 Rest of Middle East and Africa Workflow Automation Market by Operation
13.4.9.4.4 Rest of Middle East and Africa Workflow Automation Market by Organization Size
13.4.9.4.5 Rest of Middle East and Africa Workflow Automation Market by Deployment
13.4.9.4.6 Rest of Middle East and Africa Workflow Automation Market by Industry
13.5. SOUTH AND CENTRAL AMERICA
13.5.1 South and Central America Workflow Automation Market Overview
13.5.2 South and Central America Workflow Automation Market Forecasts and Analysis
13.5.3 South and Central America Workflow Automation Market Forecasts and Analysis - By Component
13.5.4 South and Central America Workflow Automation Market Forecasts and Analysis - By Process
13.5.5 South and Central America Workflow Automation Market Forecasts and Analysis - By Operation
13.5.6 South and Central America Workflow Automation Market Forecasts and Analysis - By Organization Size
13.5.7 South and Central America Workflow Automation Market Forecasts and Analysis - By Deployment
13.5.8 South and Central America Workflow Automation Market Forecasts and Analysis - By Industry
13.5.9 South and Central America Workflow Automation Market Forecasts and Analysis - By Countries
13.5.9.1 Brazil Workflow Automation Market
13.5.9.1.1 Brazil Workflow Automation Market by Component
13.5.9.1.2 Brazil Workflow Automation Market by Process
13.5.9.1.3 Brazil Workflow Automation Market by Operation
13.5.9.1.4 Brazil Workflow Automation Market by Organization Size
13.5.9.1.5 Brazil Workflow Automation Market by Deployment
13.5.9.1.6 Brazil Workflow Automation Market by Industry
13.5.9.2 Argentina Workflow Automation Market
13.5.9.2.1 Argentina Workflow Automation Market by Component
13.5.9.2.2 Argentina Workflow Automation Market by Process
13.5.9.2.3 Argentina Workflow Automation Market by Operation
13.5.9.2.4 Argentina Workflow Automation Market by Organization Size
13.5.9.2.5 Argentina Workflow Automation Market by Deployment
13.5.9.2.6 Argentina Workflow Automation Market by Industry
13.5.9.3 Rest of South and Central America Workflow Automation Market
13.5.9.3.1 Rest of South and Central America Workflow Automation Market by Component
13.5.9.3.2 Rest of South and Central America Workflow Automation Market by Process
13.5.9.3.3 Rest of South and Central America Workflow Automation Market by Operation
13.5.9.3.4 Rest of South and Central America Workflow Automation Market by Organization Size
13.5.9.3.5 Rest of South and Central America Workflow Automation Market by Deployment
13.5.9.3.6 Rest of South and Central America Workflow Automation Market by Industry
14. INDUSTRY LANDSCAPE
14.1. MERGERS AND ACQUISITIONS
14.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
14.3. NEW PRODUCT LAUNCHES
14.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
15. WORKFLOW AUTOMATION MARKET, KEY COMPANY PROFILES
15.1. IBM CORPORATION
15.1.1. Key Facts
15.1.2. Business Description
15.1.3. Products and Services
15.1.4. Financial Overview
15.1.5. SWOT Analysis
15.1.6. Key Developments
15.2. K2 SOFTWARE, INC.
15.2.1. Key Facts
15.2.2. Business Description
15.2.3. Products and Services
15.2.4. Financial Overview
15.2.5. SWOT Analysis
15.2.6. Key Developments
15.3. OPEN TEXT CORPORATION
15.3.1. Key Facts
15.3.2. Business Description
15.3.3. Products and Services
15.3.4. Financial Overview
15.3.5. SWOT Analysis
15.3.6. Key Developments
15.4. ORACLE CORPORATION
15.4.1. Key Facts
15.4.2. Business Description
15.4.3. Products and Services
15.4.4. Financial Overview
15.4.5. SWOT Analysis
15.4.6. Key Developments
15.5. PEGASYSTEMS INC.
15.5.1. Key Facts
15.5.2. Business Description
15.5.3. Products and Services
15.5.4. Financial Overview
15.5.5. SWOT Analysis
15.5.6. Key Developments
15.6. SOFTWARE AG
15.6.1. Key Facts
15.6.2. Business Description
15.6.3. Products and Services
15.6.4. Financial Overview
15.6.5. SWOT Analysis
15.6.6. Key Developments
15.7. BLUE PRISM LIMITED
15.7.1. Key Facts
15.7.2. Business Description
15.7.3. Products and Services
15.7.4. Financial Overview
15.7.5. SWOT Analysis
15.7.6. Key Developments
15.8. TIBCO SOFTWARE INC.
15.8.1. Key Facts
15.8.2. Business Description
15.8.3. Products and Services
15.8.4. Financial Overview
15.8.5. SWOT Analysis
15.8.6. Key Developments
15.9. UIPATH
15.9.1. Key Facts
15.9.2. Business Description
15.9.3. Products and Services
15.9.4. Financial Overview
15.9.5. SWOT Analysis
15.9.6. Key Developments
15.10. XEROX CORPORATION
15.10.1. Key Facts
15.10.2. Business Description
15.10.3. Products and Services
15.10.4. Financial Overview
15.10.5. SWOT Analysis
15.10.6. Key Developments
16. APPENDIX
16.1. ABOUT THE INSIGHT PARTNERS
16.2. GLOSSARY OF TERMS
1. IBM Corporation
2. K2 Software, Inc.
3. Open Text Corporation
4. Oracle Corporation
5. Pegasystems Inc.
6. Software AG
7. BLUE PRISM LIMITED
8. Tibco Software Inc.
9. UiPath
10. Xerox Corporation
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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