Global Forecast on Mobile Bpm Market Service Industry

Feb 27th 2016 Mumbai, India: Bharatbook.com announces a report on “ Global Forecast on Mobile BPM Market Service Industry ”. The research methodology used to estimate and forecast the market starts with capturing data on key vendor revenues through secondary research.

The mobile BPM market is expected to grow from USD 1.18 Billion in 2015 to USD 3.26 Billion by 2020, at a CAGR of 22.5% from 2015 to 2020. Mobile technologies provide real-time access to business process management (BPM) processes from remote locations. By extending existing processes to mobile workforces, enterprises can significantly improve business responsiveness, increase productivity, and improve processing times. The current trend in the market is the increasing acceptance of technologies such as cloud computing, business analytics, social media platforms, and process automation software. These technologies contribute to cost reduction and more efficient operations, by restructuring the systems background, thereby regulating the technological environment on a unified, centralized platform. The report aims at estimating the market size and future growth potential of the market across different segments, such as solution, service, deployment model, end user, vertical, and region. Companies are adopting mobile BPM solutions to gain competitive advantage and distinguish themselves from other market players by focusing on their core competencies. The need for cost-effective business processes is driving the overall growth of the mobile BPM market.

The research methodology used to estimate and forecast the market starts with capturing data on key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global mobile BPM market. After arriving at the overall market size, the total market was split into several segments and sub segments,...