Business Process Management Market interpreted by a new report
August 10, 2023 ⚊ 1 Min read ⚊ Views 30 ⚊ NEWS
The Business Process Management (BPM) Market size is expected to grow from USD 8.8 billion in 2020 to USD 14.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period, according to a new report by MarketsandMarkets™.
The increasing need to automate processes and achieve business agility in various industries is expected to boost the adoption of the BPM platform. With an increase in the adoption of cloud-based BPM software and services among Small and Medium-sized Enterprises (SMEs), the BPM market is expected to gain traction during the forecast period.
Tags: Business Process Management Market
