Christy Publications Workflow Management System Market | Page 3

 BFSI
 Healthcare
 Retail and Consumer goods
 IT and Telecom
 Media and Entertainment
 Travel and Hospitality
 Government
 Other
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https://www.coherentmarketinsights.com/ongoing-insight/work-flow-management-system-market-1370
Workflow Management System Market: Regional Insights
On the basis of geography, global workflow management market is classified into North
America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected
to be the largest share in the global workflow management system market over the forecast
period. This is mainly due to high adoption of cloud-based solution and services particularly in
the U.S. and Canada, which in turn increases cloud traffic. According to Coherent Market Insights
analysis, in 2015, cloud traffic in North America was pegged at 1891 EB (Exabyte) and is
estimated to reach 6844EB (Exabyte) by 2020. As the cloud has revolutionized workflow
management, these exciting technologies are continually evolving, are more accessible, and are
becoming increasingly adopted by almost every verticals. Cloud-based applications have
allowed organizations to become far more agile in their response to new opportunities for
efficiency, productivity and service delivery. Hence, increase in cloud traffic will positively
impact on the growth of workflow management in this particular region.
Global Workflow Management System: Competitive Background
Major players operating in the global workflow management system include Appian, Bizagi, IBM
Corporation, Newgen Software Technologies Ltd. Nintex Global Limited, Oracle Corporation,
Pegasystem Inc., Software AG, Source code Technology Holdings Inc., and Xerox Corporation.
For instance, in July 2017, Appian announced its partnership with Blue Prism. This provides a
digital transformation platform that helps the enterprise for application integration along with