Workflow automation and optimization software market to expand at a healthy CAGR of 8.7% from 2017 to 2025 to become worth US$1.456 bn by 2025 from US$0.713 bn in 2016.

Albany, NY -- (SBWire) -- 12/12/2017 --Workflow Automation and Optimization Software Market - Global Industry Analysis Size Share Growth Trends and Forecast 2017 – 2025 is the newest report added in the huge data repository of MarketResearchReports.biz. The report also speaks about the market dynamics and the competitive landscape of the global workflow automation and optimization software market for the mentioned forecast period of 2017 to 2025. The report is the result of an in-depth market research carried out with the help of the industry experts. The report also provides information the key market players plying their trade in the global workflow automation and optimization software market.

Workflow automation and optimization software solutions are seen as the part of the solutions offered for Business Process Management and helps in the streamlining, automation, and optimization of the workflows of the business. In addition to this, the workflow automation and optimization software solutions help in the enhancement of the consistency of the services and products offered, helps in making faster decisions, and raises the overall productivity among numerous other benefits. The increasing investment in the third platform technologies and swift adoption of these technologies for the business workflow processes is expected to be one the key driving factors for the overall development of the global market for workflow automation and optimization software.

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In addition to this, the benefits provides by these software solutions have also been advocating overall development of the global market. The market is expected to be driven by the growing usage of cloud computing for the business process. The increasing dependence on the cloud computing systems, coupled with the increasing demand for swift and effective business processes, is expected to drive the need for cloud based workflow automation and optimization software solution over the coming years of the given forecast period.

Depending on the type of deployment, the global market for workflow automation and optimization software can be segmented into cloud, on premise, and mixed. Depending on the end use, the global market for workflow automation and optimization software can be segmented into education, banking, financial services, and insurance (BFSI), manufacturing, healthcare, information technology, telecommunications, retail, and logistics and transportation among others. The overall revenue of the global market has been offered in terms of million (USD) along with the overall CAGR percentage during the course of the given forecast period of 2017 to 2025. From a geographical point of view, the global market for workflow automation and optimization software can be segmented into key regions such as Asia Pacific, South America, North America, Middle East and Africa, and Europe.

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Some of the key companies in the global market include names such as OnviSource, Inc. (The U.S.), Boston Software Systems (The U.S.), Flexera Software LLC (The U.S.), JDA Software Group, Inc. (The U.S.), and Reva Solutions (The U.S.) among others.