![Global Process Mining Software Market](https://res.cloudinary.com/devmoveo/image/upload/v1707309723/skyquest/report/phpPC5gSa.jpg)
Report ID: SQMIG45F2127
Report ID:
SQMIG45F2127 |
Region:
Global |
Published Date: July, 2001
Pages:
165
|
Tables:
121 |
Figures:
77
In 2021, Europe had the highest share geographically. The region has the highest acceptance rates for digital and automation tools and services. It is also one of the first to adopt advanced technology. Many industries are making the move to digital technology with the aid of automation. These sectors are constantly searching for novel solutions that will enable them to boost productivity while reducing investment expenses.
Additionally, in the following years, Asia Pacific is likely to see a significant CAGR. The usage of process mining software is anticipated to rise as a result of the increased need to enhance process compliance and audits. The creation of numerous startups and increasing cloud infrastructure investment by large, small, and medium-sized organisations are further factors propelling the regional industry forward. Organizations in developing countries still employ the conventional process technique based on interviews and sticky notes. Furthermore, the need for mining software in poor nations would be hampered by a lack of funding to integrate emerging technology to enhance the workflow or process.
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REQUEST FREE CUSTOMIZATIONProcess Mining Software Market size was valued at USD 373.9 million in 2019 and is poised to grow from USD 557.11 million in 2023 to USD 13534.18 Million by 2031, growing at a CAGR of 49% in the forecast period (2024-2031).
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Report ID: SQMIG45F2127