Summary

Workflow management system is automating and streamlining the workflows for ease. It helps cut all the task redundancies and ensures productivity and efficiency. Form creation is considered the most important task of a workflow system as it holds a great deal of data. Workflows play an important role in business operations. Examples of workflows are reimbursement process, procurement requisition, leave management, and others. Though each business process is a separate workflow, these contain several processes like creation, review, approval from various stakeholders, and mapping to the following processes.
Growing emphasis on remote work environments across regions is one of the major driving factors for the workflow management systems market. With a substantial portion of the global workforce operating in non-traditional office environments, organizations are faced with heightened optimization risks. The presence of remote employees who gain access to corporate networks and sensitive information from different locations and devices leads to vulnerabilities that malicious individuals exploit. Thus, there is a growing demand for real-time identification, regular monitoring, and optimization capabilities provided by workflow management systems. These solutions enable organizations to safeguard remote access points, detect and mitigate threats aimed at remote workers, and ensure secure connectivity, making them essential in the current landscape of remote work.

Furthermore, the market is profoundly influenced by considerable expenses related to workflow management system solutions and services. Primarily, these expenses can serve as a deterrent for smaller and medium-sized enterprises (SMEs) with constrained budgets. SMEs may perceive workflow management system as a financial burden, leading to insufficient investment in cybersecurity measures and rendering them vulnerable to cyber threats. This will further reduce the negative impact caused by the high costs of workflow management system solutions & services.
Furthermore, the notable factors positively affecting the workflow management systems market include the rising adoption of advanced technologies across several industries and the rise of remote and distributed workforces propelling the global market growth. However, high implementation costs associated with workflow management systems and complexities in integrating workflow management systems with existing systems can hinder market growth. However, the rise in the implementation of cloud-based technologies offers lucrative market opportunities for market players.

The global workflow management systems market is segmented on the basis of component, enterprise size, deployment mode, industry, and region. On the basis of component, the market is segmented into software and services. On the basis of enterprise size, the market is segmented into large enterprises and small and medium-sized enterprises (SMEs). On the basis of deployment mode, the market is segmented into on-premise and cloud. On the basis of industry, the market is segmented into BFSI, retail, education, IT and telecom, healthcare transportation and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market players operating in the global workflow management systems market. This report further outlines the current trends and key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key market players to increase their market share and sustain intense competition in the industry. The key players operating in the market include Appian Corporation, Bizagi Limited, IBM Corporation, Microsoft Corporation, Newgen Software Technologies Limited., Nintex Global Limited, Oracle Corporation, Pegasystems Inc., ServiceNow, Inc., Software AG and TIBCO Software Inc.

KEY BENEFITS FOR STAKEHOLDERS
●The study provides an in-depth analysis of the workflow management systems market forecast along with the current and future trends to explain the imminent investment pockets.
●Information about key drivers, restraints, and opportunities and their impact analysis on workflow management systems market trends is provided in the report.
●The Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
●The quantitative analysis of the workflow management systems market from 2022 to 2032 is provided to determine the market potential.

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● 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
● Free data Pack on the Five and Enterprise User License. (Excel version of the report)
● Free Updated report if the report is 6-12 months old or older.
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Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
● Investment Opportunities
● Market share analysis of players by products/segments
● Regulatory Guidelines
● Additional company profiles with specific to client's interest
● Additional country or region analysis- market size and forecast
● Market share analysis of players at global/region/country level
● SWOT Analysis
Key Market Segments
By Component
● Services
● Software
By Enterprise Size
● Large Enterprise
● SMEs
By Deployment Mode
● On-premise
● Cloud
By Industry
● BFSI
● Retail
● Education
● IT and telecom
● Healthcare
● Transportation
● Others
By Region
● North America
○ U.S.
○ Canada
● Europe
○ UK
○ Germany
○ France
○ Italy
○ Spain
○ Rest of Europe
● Asia-Pacific
○ China
○ Japan
○ India
○ Australia
○ South Korea
○ Rest of Asia-Pacific
● LAMEA
○ Latin America
○ Middle East
○ Africa
● Key Market Players
○ Appian Corporation
○ IBM Corporation
○ Microsoft Corporation
○ Pegasystems Inc.
○ ServiceNow, Inc.
○ Nintex Global Limited
○ Software AG
○ Bizagi Limited
○ Oracle Corporation
○ TIBCO Software Inc.
○ Newgen Software Technologies Limited.

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Low bargaining power of suppliers
3.3.2. Low threat of new entrants
3.3.3. Low threat of substitutes
3.3.4. Low intensity of rivalry
3.3.5. Low bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rising adoption of advanced technologies across several industries
3.4.1.2. The rise of remote and distributed workforces
3.4.2. Restraints
3.4.2.1. High implementation costs associated with workflow management systems
3.4.2.2. Complexities in integrating workflow management systems with existing systems
3.4.3. Opportunities
3.4.3.1. Rise in implementation of cloud-based technologies
CHAPTER 4: WORKFLOW MANAGEMENT SYSTEMS MARKET, BY COMPONENT
4.1. Overview
4.1.1. Market size and forecast
4.2. Software
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Services
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: WORKFLOW MANAGEMENT SYSTEMS MARKET, BY ENTERPRISE SIZE
5.1. Overview
5.1.1. Market size and forecast
5.2. Large Enterprise
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. SMEs
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: WORKFLOW MANAGEMENT SYSTEMS MARKET, BY DEPLOYMENT MODE
6.1. Overview
6.1.1. Market size and forecast
6.2. On-premise
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Cloud
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
CHAPTER 7: WORKFLOW MANAGEMENT SYSTEMS MARKET, BY INDUSTRY
7.1. Overview
7.1.1. Market size and forecast
7.2. BFSI
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market share analysis by country
7.3. Retail
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market share analysis by country
7.4. Education
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market share analysis by country
7.5. IT and telecom
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by region
7.5.3. Market share analysis by country
7.6. Healthcare
7.6.1. Key market trends, growth factors and opportunities
7.6.2. Market size and forecast, by region
7.6.3. Market share analysis by country
7.7. Transportation
7.7.1. Key market trends, growth factors and opportunities
7.7.2. Market size and forecast, by region
7.7.3. Market share analysis by country
7.8. Others
7.8.1. Key market trends, growth factors and opportunities
7.8.2. Market size and forecast, by region
7.8.3. Market share analysis by country
CHAPTER 8: WORKFLOW MANAGEMENT SYSTEMS MARKET, BY REGION
8.1. Overview
8.1.1. Market size and forecast By Region
8.2. North America
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast, by Component
8.2.3. Market size and forecast, by Enterprise Size
8.2.4. Market size and forecast, by Deployment Mode
8.2.5. Market size and forecast, by Industry
8.2.6. Market size and forecast, by country
8.2.6.1. U.S.
8.2.6.1.1. Market size and forecast, by Component
8.2.6.1.2. Market size and forecast, by Enterprise Size
8.2.6.1.3. Market size and forecast, by Deployment Mode
8.2.6.1.4. Market size and forecast, by Industry
8.2.6.2. Canada
8.2.6.2.1. Market size and forecast, by Component
8.2.6.2.2. Market size and forecast, by Enterprise Size
8.2.6.2.3. Market size and forecast, by Deployment Mode
8.2.6.2.4. Market size and forecast, by Industry
8.3. Europe
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast, by Component
8.3.3. Market size and forecast, by Enterprise Size
8.3.4. Market size and forecast, by Deployment Mode
8.3.5. Market size and forecast, by Industry
8.3.6. Market size and forecast, by country
8.3.6.1. UK
8.3.6.1.1. Market size and forecast, by Component
8.3.6.1.2. Market size and forecast, by Enterprise Size
8.3.6.1.3. Market size and forecast, by Deployment Mode
8.3.6.1.4. Market size and forecast, by Industry
8.3.6.2. Germany
8.3.6.2.1. Market size and forecast, by Component
8.3.6.2.2. Market size and forecast, by Enterprise Size
8.3.6.2.3. Market size and forecast, by Deployment Mode
8.3.6.2.4. Market size and forecast, by Industry
8.3.6.3. France
8.3.6.3.1. Market size and forecast, by Component
8.3.6.3.2. Market size and forecast, by Enterprise Size
8.3.6.3.3. Market size and forecast, by Deployment Mode
8.3.6.3.4. Market size and forecast, by Industry
8.3.6.4. Italy
8.3.6.4.1. Market size and forecast, by Component
8.3.6.4.2. Market size and forecast, by Enterprise Size
8.3.6.4.3. Market size and forecast, by Deployment Mode
8.3.6.4.4. Market size and forecast, by Industry
8.3.6.5. Spain
8.3.6.5.1. Market size and forecast, by Component
8.3.6.5.2. Market size and forecast, by Enterprise Size
8.3.6.5.3. Market size and forecast, by Deployment Mode
8.3.6.5.4. Market size and forecast, by Industry
8.3.6.6. Rest of Europe
8.3.6.6.1. Market size and forecast, by Component
8.3.6.6.2. Market size and forecast, by Enterprise Size
8.3.6.6.3. Market size and forecast, by Deployment Mode
8.3.6.6.4. Market size and forecast, by Industry
8.4. Asia-Pacific
8.4.1. Key market trends, growth factors and opportunities
8.4.2. Market size and forecast, by Component
8.4.3. Market size and forecast, by Enterprise Size
8.4.4. Market size and forecast, by Deployment Mode
8.4.5. Market size and forecast, by Industry
8.4.6. Market size and forecast, by country
8.4.6.1. China
8.4.6.1.1. Market size and forecast, by Component
8.4.6.1.2. Market size and forecast, by Enterprise Size
8.4.6.1.3. Market size and forecast, by Deployment Mode
8.4.6.1.4. Market size and forecast, by Industry
8.4.6.2. Japan
8.4.6.2.1. Market size and forecast, by Component
8.4.6.2.2. Market size and forecast, by Enterprise Size
8.4.6.2.3. Market size and forecast, by Deployment Mode
8.4.6.2.4. Market size and forecast, by Industry
8.4.6.3. India
8.4.6.3.1. Market size and forecast, by Component
8.4.6.3.2. Market size and forecast, by Enterprise Size
8.4.6.3.3. Market size and forecast, by Deployment Mode
8.4.6.3.4. Market size and forecast, by Industry
8.4.6.4. Australia
8.4.6.4.1. Market size and forecast, by Component
8.4.6.4.2. Market size and forecast, by Enterprise Size
8.4.6.4.3. Market size and forecast, by Deployment Mode
8.4.6.4.4. Market size and forecast, by Industry
8.4.6.5. South Korea
8.4.6.5.1. Market size and forecast, by Component
8.4.6.5.2. Market size and forecast, by Enterprise Size
8.4.6.5.3. Market size and forecast, by Deployment Mode
8.4.6.5.4. Market size and forecast, by Industry
8.4.6.6. Rest of Asia-Pacific
8.4.6.6.1. Market size and forecast, by Component
8.4.6.6.2. Market size and forecast, by Enterprise Size
8.4.6.6.3. Market size and forecast, by Deployment Mode
8.4.6.6.4. Market size and forecast, by Industry
8.5. LAMEA
8.5.1. Key market trends, growth factors and opportunities
8.5.2. Market size and forecast, by Component
8.5.3. Market size and forecast, by Enterprise Size
8.5.4. Market size and forecast, by Deployment Mode
8.5.5. Market size and forecast, by Industry
8.5.6. Market size and forecast, by country
8.5.6.1. Latin America
8.5.6.1.1. Market size and forecast, by Component
8.5.6.1.2. Market size and forecast, by Enterprise Size
8.5.6.1.3. Market size and forecast, by Deployment Mode
8.5.6.1.4. Market size and forecast, by Industry
8.5.6.2. Middle East
8.5.6.2.1. Market size and forecast, by Component
8.5.6.2.2. Market size and forecast, by Enterprise Size
8.5.6.2.3. Market size and forecast, by Deployment Mode
8.5.6.2.4. Market size and forecast, by Industry
8.5.6.3. Africa
8.5.6.3.1. Market size and forecast, by Component
8.5.6.3.2. Market size and forecast, by Enterprise Size
8.5.6.3.3. Market size and forecast, by Deployment Mode
8.5.6.3.4. Market size and forecast, by Industry
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product mapping of top 10 player
9.4. Competitive dashboard
9.5. Competitive heatmap
9.6. Top player positioning, 2022
CHAPTER 10: COMPANY PROFILES
10.1. Appian Corporation
10.1.1. Company overview
10.1.2. Key executives
10.1.3. Company snapshot
10.1.4. Operating business segments
10.1.5. Product portfolio
10.1.6. Business performance
10.1.7. Key strategic moves and developments
10.2. Bizagi Limited
10.2.1. Company overview
10.2.2. Key executives
10.2.3. Company snapshot
10.2.4. Operating business segments
10.2.5. Product portfolio
10.2.6. Key strategic moves and developments
10.3. IBM Corporation
10.3.1. Company overview
10.3.2. Key executives
10.3.3. Company snapshot
10.3.4. Operating business segments
10.3.5. Product portfolio
10.3.6. Business performance
10.3.7. Key strategic moves and developments
10.4. Microsoft Corporation
10.4.1. Company overview
10.4.2. Key executives
10.4.3. Company snapshot
10.4.4. Operating business segments
10.4.5. Product portfolio
10.4.6. Business performance
10.4.7. Key strategic moves and developments
10.5. Newgen Software Technologies Limited.
10.5.1. Company overview
10.5.2. Key executives
10.5.3. Company snapshot
10.5.4. Operating business segments
10.5.5. Product portfolio
10.5.6. Business performance
10.5.7. Key strategic moves and developments
10.6. Nintex Global Limited
10.6.1. Company overview
10.6.2. Key executives
10.6.3. Company snapshot
10.6.4. Operating business segments
10.6.5. Product portfolio
10.6.6. Key strategic moves and developments
10.7. Oracle Corporation
10.7.1. Company overview
10.7.2. Key executives
10.7.3. Company snapshot
10.7.4. Operating business segments
10.7.5. Product portfolio
10.7.6. Business performance
10.7.7. Key strategic moves and developments
10.8. Pegasystems Inc.
10.8.1. Company overview
10.8.2. Key executives
10.8.3. Company snapshot
10.8.4. Operating business segments
10.8.5. Product portfolio
10.8.6. Business performance
10.8.7. Key strategic moves and developments
10.9. ServiceNow, Inc.
10.9.1. Company overview
10.9.2. Key executives
10.9.3. Company snapshot
10.9.4. Operating business segments
10.9.5. Product portfolio
10.9.6. Business performance
10.9.7. Key strategic moves and developments
10.10. Software AG
10.10.1. Company overview
10.10.2. Key executives
10.10.3. Company snapshot
10.10.4. Operating business segments
10.10.5. Product portfolio
10.10.6. Business performance
10.10.7. Key strategic moves and developments
10.11. TIBCO Software Inc.
10.11.1. Company overview
10.11.2. Key executives
10.11.3. Company snapshot
10.11.4. Operating business segments
10.11.5. Product portfolio