Published on: October 08, 2021
The Workflow Automation Market will register steady growth during 2021-2025.
The market is categorized under the systems software industry, which was worth almost $304.42 billion in 2020.
IBM Corporation, Oracle Corporation, Pegasystems Inc., Xerox Corporation and Newgen Software Technologies Limited are some of the key companies operating in the Workflow Automation Market industry.
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The market is highly competitive. To expand their presence in this already competitive market and make the most of new growth opportunities, vendors are engaging in several growth strategies including strategic partnerships, M&As, and new product launches. Moreover, with the growing demand from the regional and global markets, market players are also focusing on increasing production.
Workflow Automation Market market trends like Integration of New Technologies With Workflow Automation will fuel the demand for Workflow Automation Market. The Focus on Streamlining Business Processes will also have a significant influence on market growth.
The Lack of Awareness Regarding Workflow Automation is expected to hinder the growth of the market.
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The global market for Workflow Automation Market has been segmented by Market Segmentation by Deployment Mode and geography. Based on Market Segmentation by Deployment Mode, the market has been further segmented into Cloud | On-Premise.
Based on geography, the market has been further segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA). North America will be a key market for Workflow Automation Market and the region will offer several growth opportunities to market players.
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The report also provides a country-level analysis of the growth opportunities and challenges in key markets including – US, Canada, Germany, France, the UK, China, India, Saudi Arabia, UAE, and Brazil.
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Scope of the Report | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Parent Market | Systems Software |
Parent Market Size | $304.42 billion |
By Market Segmentation by Deployment Mode | Cloud | On-Premise |
Regional analysis | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA) |
Companies profiled | IBM Corporation, Oracle Corporation, Pegasystems Inc., Xerox Corporation and Newgen Software Technologies Limited |
Top Market Trend | Focus on Streamlining Business Processes | Integration of New Technologies With Workflow Automation |
Report Benefits | Market trends analysis, Competitor market share and strategies, Company profiling and competitive benchmarking, Growth opportunities in global and regional levels, Business implications of market risks and challenges, |