Business Process Management as a Service (BpmaaS) Market Size, Share, By Business Process (Finance and Accounting, Human Resource Management (HRM), Sales and Marketing, Customer Service and Support, and Others), Deployment (Cloud BPM and On-Premise BPM), Organization Size [(Large Enterprises, and Small and Medium Enterprises (SMEs)], End User (BFSI, Manufacturing, Retail, and Others), and Region - Trends, Analysis, and Forecast till 2035

Report Code: PMI362519 | Publish Date: July 2023 | No. of Pages: 172

Global Business Process Management Market Companies

Accenture, Nexdigm, and Datamatics Global Services Limited are some of the major companies in the sector.  The growth of the Business Process Management as a Service (BpmaaS) market is being driven by these companies' automation and process optimization, integration of AI and ML, industry-specific focus, expansion of service portfolios, new service launches and collaborations, and improved business agility.

List of Key Players in the Market:

  • Accenture
  • Datamatics Global Services Limited
  • Nexdigm
  • Bizagi
  • Cavintek, Inc
  • Infosys Limited
  • HCL Technologies Limited
  • Centric Consulting
  • Digital Workforce
  • Pegasystems Inc.
  • ServiceNow
  • Red Hat, Inc.
  • IBM Corporation
  • Persistent Systems

Recent News:

  • After seeing exceptional success in South America and other foreign markets, Fusion, the award-winning software for business process management (BPM) and enterprise content management (ECM), was now entering the North American market, in May 2024. A strategic alliance with S4A IT Solutions, a top boutique IT solutions and delivery consulting firm with headquarters in Calgary, supported this expansion.
  • One best business process management service provider firms, BPM LLP, is pleased to announce a strategic partnership with Secure Systems Innovation Corporation, the creators of X-Analytics, the industry-leading cyber risk management tool that streamlines the intricacies of cybersecurity to facilitate profitable business outcomes, in May 2024.  By utilising X-Analytics, BPM will assist senior leadership and boards of directors in making well-informed choices around risk transference, mitigation, and acceptance by providing it with data-driven insight. 
  • GBTEC, a leading SaaS provider and one-stop solution provider for intelligent Business Process Management (iBPM), Digital Process Automation (DPA), and Governance, Risk, and Compliance (GRC), announced the launch of "Arty," a new generation of AI capabilities for business process transformation, in April 2024. GBTEC was in the forefront of using artificial intelligence to attain operational excellence by launching cutting-edge products such as the AI Modeler, the AI Translation Service, and the AI Copilot.
  • Symbioworld GmbH, a cutting-edge supplier of AI-driven Business Process Management (BPM) software, was acquired by Celonis, the world leader in process mining, in November 2023. The firms also unveiled the updated Process Cockpit, which combines Symbio-collected data with real-time process insights into a single, cohesive interface.  Through the integration of customers' process models and rules with fundamental process KPIs and analytics, this allowed for compliant and intelligent process execution across all users of an organization.