What is the global market size of Process Mining Software Market?

Process Mining Software Market size was valued at USD 373.9 million in 2021 and is poised to grow from USD 557.11 million in 2022 to USD 13534.18 Billion by 2030, growing at a CAGR of 49% in the forecast period (2023-2030).

Process Mining Software Market Size, Share, Growth Analysis, By Component (Software, Services), By Deployment (On-premise, Cloud), By Application (Strategic Sourcing, Contract Management), By Industry Vertical (Manufacturing, Healthcare), By Region - Industry Forecast 2025-2032

Report ID: SQMIG45F2127 | Region: Global | Published Date: November, 2024
Pages: 165 | Tables: 121 | Figures: 77

Process Mining Software Market News

In June 2022, in order to produce a new edition of its industry-leading process mining software, QPR ProcessAnalyzer, QPR Software worked with Snowflake, the Data Cloud firm. In the quickly expanding process mining business, the latest version of the programme offers organisations unanticipated scalability and speed because it works natively on the Snowflake data platform.
In June 2022, two of the largest process mining providers, Celonis and Signavio, have made important technological developments and incorporated features like automatic suggestions for process changes. Additionally, they have attracted the attention of commercial technology providers like SAP, which bought Signavio in 2021, and Microsoft, which added Minit to its line-up in 2022.
In May 2022, a Process Mining Data Bank created by QPR Software can make it simple for public administration organisations to adopt process mining solutions to streamline their own operations.

Process Mining Software Market Report Snapshots

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Global Process Mining Software Market size was valued at USD 342.20 million in 2022 and is poised to grow from USD 517.06 million in 2023 to USD 14049.08 million by 2031, growing at a CAGR of 51.10% during the forecast period (2024-2031).

The existence of several international players defines the global market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. Additionally, software and service providers are spending a lot of money on research and development in order to incorporate the newest technology into their offerings and create advanced solutions that will give them a competitive edge in the market.. In our process mining software market reports, some of the leading process mining software companies are as follows: ABBYY Solutions Limited (US), Celonis GmbH (US), Fluxicon BV (Netherlands), Hyland Software, Inc. (US), Minit (US), MyInvenio, an IBM Company (Italy), QPR Software Plc (Finland), Signavio (Germany), Software AG (Germany), UiPath, Inc. (US). 'Celonis GmbH ', 'Fluxicon BV ', 'UiPath ', 'QPR Software ', 'myInvenio ', 'Icaro Tech ', 'TimelinePI ', 'Kofax ', 'PAFnow ', 'SNP Group ', 'Fujitsu ', 'Cognitive Technology ', 'ABBYY Solutions Limited ', 'Mindzie ', 'Apromore ', 'Inverbis Analytics'

The market for process mining software has undergone significant growth over the past few decades, fuelled by factors including the increasing installation of technology-based applications and the combination of RPA and processing mining applications.

User experience and accessibility are receiving more attention: Many process mining software providers are putting more of an emphasis on making their products easier to use and providing a positive user experience.

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.

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Process Mining Software Market Size, Share, Growth Analysis, By Component (Software, Services), By Deployment (On-premise, Cloud), By Application (Strategic Sourcing, Contract Management), By Industry Vertical (Manufacturing, Healthcare), By Region - Industry Forecast 2025-2032

Process Mining Software Market News

Process Mining Software Market Report Snapshots

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