- Business process management is a system that helps to evolve a greater degree of efficiency in the business processes. This is done by analysing, monitoring and automating the business functions. In simpler words, business process management (BPM) is based upon the principle that says all the business processes are central to the organization.
- Increased volume of data for all kinds of organizations will emerge as the majormarket growth driving factor. Rising demand for automated business processes to improve efficiency and streamline business operationswill further aggravate the growth of the market. Growth in the adoption of business analytics tools and services by small and medium scale enterprises, rising digitization of developing economies and surge in the proliferation of desktops are some other factors bolstering the growth of market.
- North America dominates the global digital storage devices market due to the strong presence of leading tech companies, early adoption of advanced storage technologies, and growing demand for scalable data solutions across industries.
- Asia-Pacific is expected to register the highest CAGR during the forecast period, driven by rapid digitization, expansion of data centers, and increased adoption of cloud-based storage solutions in emerging economies like China and India.
- The solution segment is expected to dominate the market with the largest share of 61.23% in 2025, driven by the growing need for comprehensive tools such as process improvement, automation, content and document management, integration, and monitoring. As the real estate sector looks for efficient, scalable, and streamlined operations, the demand for BPM solutions that enable process optimization and automation is surging. With the growing digitization of business functions and a shift towards automation in the real estate industry, the solution segment is likely to see increased adoption of these specialized BPM systems
