Process Mining Software Market Scope And Analysis

  • Report Code : TIPRE00013885
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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Process Mining Market Analysis, Scope, and Growth by 2030

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Process Mining Market Report Scope

Report Attribute Details
Market size in 2022 US$ 1.21 Billion
Market Size by 2030 US$ 22.64 Billion
Global CAGR (2022 - 2030) 44.2%
Historical Data 2020-2022
Forecast period 2022-2030
Segments Covered By Component
  • Software and Services
By Deployment
  • Cloud and On-Premises
By Enterprise Size
  • Large Enterprises and SMEs
By Industry Vertical
  • IT & Telecom
  • BFSI
  • Manufacturing
  • Retail & E-Commerce
  • Healthcare
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Celonis SE
  • IBM Corporation
  • Software AG
  • QPR Software
  • Hyland Software Inc
  • UiPath
  • Cloud Software Group Inc TIBCO Software
  • ABBYY
  • Microsoft
  • Process Mining Market Recent Developments: 

    The process mining market forecast can help stakeholders in this marketplace plan their growth strategies. Inorganic and organic strategies such as mergers and acquisitions are highly adopted by the market players to mark their position in the process mining market. A few recent key developments are listed below:

    • In September 2023, QPR Software and Novacon entered into a partnership to transform process mining solutions in Hungary. This partnership combines Novacon's extensive experience in Lean management and process automation with QPR's cutting-edge process mining knowledge and software, QPR ProcessAnalyzer.
    • In May 2023, Celonis announced the launch of new process mining innovations to deliver fast, substantial value to customers. These new product capabilities enable companies to find and capture business value within their processes rapidly.
    • In May 2023, Pegasystems Inc. announced the launch of Pega Process Mining with generative AI-ready APIs to enable continuous workflow optimization. These new process mining capabilities make it easier for Pega users of all skill levels to find and solve process inefficiencies that might be hindering their business operations.