New York, NY -- (SBWIRE) -- 09/18/2018 -- Business Process Management (BPM) Software is a field of operations management dedicated towards improving business performance by maintaining, managing, and optimizing business processes. This includes activities that support design, automation, modeling, control, execution, measurement, process optimization, and other corporate goals. This growth is due to the rapid increase in automation to reduce the cost of products or services. It is important for SMEs and large enterprises to identify and prioritize processes to re-engineer organizational processes. In the service industry, BPM solutions improve the quality of service delivered to end users by keeping and connecting the entire process with user-friendliness. Business Process Management (BPM) Software centralizes geographically dispersed resources and improves organizational operational efficiency. With cloud computing technology, consumers can benefit from BPM solutions at a minimal cost.

Research N Reports market research analysts predict that this market will grow at a CAGR of close to +12% by 2025.

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Key vendors:

Workflow, IBM, Adobe, Microsoft, Fujitsu, Red Hat, Tibco Software, SAP, NEC, Oracle, AgilePoint, BonitaSoft, EMC, Fiorano, Active Endpoints, Kofax, LexMark, OpenText, ProcessMaker Inc.

Business Process Management (BPM) Software systems help in maintaining updated information of patients, cut down healthcare costs, and enhance efficiency and accuracy. Moreover, favorable initiatives introduced by several governments worldwide are promoting the adoption of Business Process Management (BPM) Software systems for healthcare facilities.

Market segment by Application, Business Process Management (BPM) Software can be split into

SME
Large Enterprises

Moreover, the high installation cost of Business Process Management (BPM) Software solutions along with the technical issues such as data migration complexities, system interoperability and integration issues is hampering the growth of the market. However, the increasing popularity of e-prescription is likely to bode well for the growth of the market in the offing. Furthermore, the shifting focus of healthcare service providers from disease-centric to patient-centric models is creating immense growth opportunities for the market.

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The key regional markets methodically examined in the research report are North America, Global, Japan, China, India, and Southeast Asia. North America is expected to represent a substantial share in the market during the forecast period. The stringent regulatory norms and Business Process Management (BPM) Software incentivizing policies in the region are prompting hospitals and clinics in the region to implement Business Process Management (BPM) Software solutions.

The major contributors in the Global Business Process Management (BPM) Software market are the U.K. and Germany. The rapidly growing geriatric population, increasing emphasis on enhancing patient care, and rising need for remote monitoring are responsible for the growth of the region.

Table of Contents

1. Preface

1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Segmentation & Coverage
1.4 Years Considered for the Study
1.5 Currency & Pricing
1.6 Stakeholders

2. Research & Forecasting

2.1 Research Methodology
2.1.1 Research Instruments
2.1.1.1 Secondary Instrument
2.1.1.2 Primary Instrument
2.1.2 Research Approaches
2.1.2.1 Bottom-up Approach
2.1.2.2 Top-down Approach
2.1.3 Research Reliability & Validity
2.1.4 Research Assumptions
2.2 Forecasting Methodology
2.2.1 Methodology for Market Estimation & Forecasting
2.2.2 Significance and Importance of the Market Estimation & Forecasting

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