Workflow Management System Market Drivers and Analysis 2031
Workflow Management System Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 10.23 Billion |
Market Size by 2031 | US$ 60.02 Billion |
Global CAGR (2023 - 2031) | 24.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Workflow Management System Market News and Recent Developments
The workflow management system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the workflow management system market are listed below:
- Veeva Systems (NYSE: VEEV) announced Veeva Vault Batch Release, a new cloud application that will enable faster, more confident GMP release and market-ship decisions. Vault Batch Release addresses increased manufacturing and supply chain complexity by streamlining the aggregation and review of data and content while simplifying collaboration with external partners. (Source: Veeva Systems, Press Release, September 2023)
- Dot Compliance, a leading provider of eQMS compliance solutions for the life sciences sector, has introduced an industry-first, ready-to-use AI-based electronic quality management system for life sciences powered by embedded generative and predictive artificial intelligence. The system deploys ChatGPT combined with proprietary algorithms to optimize quality processes, automate tasks and help professionals working in quality assurance to focus on enhancing the compliance of their organizations. (Source: Dot Compliance Ltd., Press Release, April 2023)
Workflow Management System Market Report Coverage and Deliverables
The "Workflow Management System Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Workflow management system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Workflow management system market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Workflow management system market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the workflow management system market
- Detailed company profiles