A $6.9 Billion Global Opportunity for Mobile BPM by 2026 - New Research from StrategyR

SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Mobile BPM - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 19382
Companies: 38 - Players covered include Appian Corporation; Dell EMC; Fujitsu Ltd.; Hyland Software, Inc.; IBM Corporation; OpenText Corporation; Oracle Corporation; Pegasystems, Inc.; Software AG; TIBCO Software, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Deployment (Public Cloud, Private Cloud, Hybrid Cloud); Solution (Automation, Process Modeling & Design, Integration, Content & Document Management, Monitoring & Optimization, Other Solutions); Vertical (BFSI, Telecom & IT, Consumer Goods & Retail, Government & Defense, Transportation & Logistics, Other Verticals)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Mobile BPM Market to Reach $6.9 Billion by 2026
Amid the COVID-19 crisis, the global market for Mobile BPM estimated at US$2.3 Billion in the year 2020, is projected to reach a revised size of US$6.9 Billion by 2026, growing at a CAGR of 19.6% over the analysis period. Automation, one of the segments analyzed in the report, is projected to record a 22.7% CAGR and reach US$4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Process Modeling & Design segment is readjusted to a revised 16.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $857.8 Million in 2021, While China is Forecast to Reach $1.2 Billion by 2026
The Mobile BPM market in the U.S. is estimated at US$857.8 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2026 trailing a CAGR of 19% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.7% and 16.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 13.3% CAGR.

Integration Segment to Reach US$375.6 Million by the year 2026
In the global Integration segment, USA, Canada, Japan, China and Europe will drive the 13.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$135.4 Million in the year 2020 will reach a projected size of US$334.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.