The Global the market for intelligent process applications is expected to grow at a CAGR of around 12% over the forecast period (2021-2026), according to the latest IMARC Panel report.
Intelligent Process Application (SP) is a software application that effectively collaborates Process management (BPM) activities of an organization. It uses complex algorithms and data management solutions to perform actuation, detection and control of various processes in order to obtain information and prepare analytical decisions. SPA also involves other methods, such as business intelligence, elasticity of infrastructure, process architecture, etc. As a result, it finds many applications in various industries including medical, banking, manufacturing, retail, etc.
The growing penetration of automated solutions that produce the bulk of data is currently strengthening the market for intelligent process applications. SPAs integrate enterprise resource planning (ERP), customer relationship management (CRM) and enterprise content management (ECM) to improve operational agility, thus experiencing high demand around the world. With the growing adoption of the Bring-Your-Own-Devices (BYOD) trend in the workplace, SPAs are widely used to integrate office and remote employees on a collaborative platform. In addition, the emergence of Industry 4.0, along with continuous improvements in information and communication technologies, are further expected to catalyze the global APS market.
Note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.
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Global Intelligent Process Applications Market Analysis and Segmentation 2021-2026:
The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.
Appian, Dell EMC, IBM, JDA Software (Now Blue Yonder), Kana Software (Verint Systems), Kofax Inc. (Thoma Bravo), Opentext Corp., Pegasystems Inc., Salesforce.Com and SAP SE.
The report has segmented the market on the basis of supply, type of deployment, organization size, vertical, and region.
Market breakdown by offer:
Market breakdown by type of deployment:
On the site
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Market breakdown by organization size:
Market breakdown by vertical:
Telecom & IT
Public sector, energy and utilities
Media and entertainment
Transport and logistics
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