Technology Business Process Management (BPM) Software Market | Page 4
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North America is expected to dominate the BPM Market for the forecasted year. North
America is having the largest market share in the BPM market it is because of huge number
of solutions and growing telecom service merchants headquartered in this region
Asia Pacific (APAC) may also witness exponential growth to increase productivity and
efficiency. Large scale implementation, large infrastructure investment and rise in
smartphone market can increase substantial growth in this Asia Pacific region.
Europe is expected to have steady growth in the business process management software
market whereas the Middle East and African countries are investing heavily in the BPM
market to improve efficiency and productivity.
Key players dominating in the market include Adobe Systems Inc., IBM Corporation, Appian
Corporation, Oracle Corporation, Agile Point Inc., Pegasystems Inc., K2 Software Inc.,
Fujitsu Ltd., Bizagi Ltd., Software AG, SAP AG, Tibco Software Inc., Global 360, Red Hat, Fab
Soft, Progress Software Inc., Intalio Inc., Hewlett-Packard and Open text Corporation.
IBM is the market leader in the business process management software which improves
the efficiency and productivity of the BPM product every year. They are also investing in
cloud computing technologies, big data usage, and better cost control methods.
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