Global Process Analytics Service Market – Industry Trends and Forecast to 2029

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Global Process Analytics Service Market – Industry Trends and Forecast to 2029

  • ICT
  • Dec 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • Author : Megha Gupta

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Global Process Analytics Service Market, By Process Mining Type (Process Discovery, Conformance, Enhancement), Deployment Type (On-Premises, Cloud), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), Application (Business Process, Information Technology Process, Customer Interaction), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.

Process Analytics Service Market

Market Analysis and Insights Global Process Analytics Service Market

The process analytics service market is expected to witness market growth at a rate of 50.5% in the forecast period of 2022 to 2029. Data Bridge Market Research report on process analytics service market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapidly generating data globally is escalating the growth of process analytics service market.

Process analytics refers to the amalgamation of tools and methods that are implemented for processing instances, data, and models to support decision making in organizations. The analytics are utilized for enhancing understanding of how a process operates and determining potential targets for process improvement.

The rise in popularity of task-level automation across the globe acts as one of the major factors driving the growth of process analytics service market. The surge in need for improving process auditing and compliance in several end-use industries, especially among organizations in regulated industries, and surge in investments in the research and development activities accelerate the market growth. The rise in efforts to integrate legacy ERP with modern process analytics, and use of the technology to improve the decision-making results for client organizations further influence the market. Additionally, rapid digitization, surge in investments and deployment of advanced technologies positively affect the process analytics service market. Furthermore, advent of advanced technologies, such as blockchain, AI, machine learning, and deep learning extend profitable opportunities to the market players in the forecast period of 2022 to 2029.

On the other hand, competition from open-source alternatives is expected to obstruct the market growth. Lack of skills and expertise is projected to challenge the process analytics service market in the forecast period of 2022-2029.

This process analytics service market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on process analytics service market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Process Analytics Service Market Scope and Market Size

The process analytics service market is segmented on the basis of process mining type, deployment type, organization size and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.    

  • On the basis of process mining type, the process analytics service market is segmented into process discovery, conformance, and enhancement.
  • On the basis of deployment type, the process analytics service market is segmented into on-premises and cloud.
  • On the basis of organization size, the process analytics service market is segmented into small and medium-sized enterprise and large enterprise.
  • On the basis of application, the process analytics service market is segmented into business process, information technology process and customer interaction.

Process Analytics Service Market Country Level Analysis

The process analytics service market is analysed and market size, volume information is provided by country, process mining type, deployment type, organization size and application as referenced above.    

The countries covered in the process analytics service market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Europe dominate the process analytics service market due to the widespread acceptance of innovations within the region. Asia-Pacific is expected to witness highest growth during the forecast period of 2022 to 2029 because of the increase in incorporation of the process analytics software into their existing analytics portfolio in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Process Analytics Service Market Share Analysis

The process analytics service market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to process analytics service market.

Some of the major players operating in the process analytics service market report are Lana Labs, Minit, Logpickr, Timelinepi, Scheer, Monkey Mining, Celonis, Fluxicon, Icaro Tech, Kofax, Worksoft, Puzzle Data, QPR Software, Cognitive Technology, Signavio, SNP, Your Data, Process Mining Group, Software AG, Fujitsu, Kofax, and CA Technologies, among other domestic and global players.


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Table of Content

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW OF GLOBAL PROCESS ANALYTICS SERVICE MARKET

1.4 CURRENCY AND PRICING

1.5 LIMITATION

1.6 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 KEY TAKEAWAYS

2.2 ARRIVING AT THE GLOBAL PROCESS ANALYTICS SERVICE MARKET

2.3 VENDOR POSITIONING GRID

2.4 TECHNOLOGY LIFE LINE CURVE

2.5 MARKET GUIDE

2.6 MULTIVARIATE MODELLING

2.7 TOP TO BOTTOM ANALYSIS

2.8 STANDARDS OF MEASUREMENT

2.9 VENDOR SHARE ANALYSIS

2.1 DATA POINTS FROM KEY PRIMARY INTERVIEWS

2.11 DATA POINTS FROM KEY SECONDARY DATABASES

2.12 GLOBAL PROCESS ANALYTICS SERVICE MARKET: RESEARCH SNAPSHOT

2.13 ASSUMPTIONS

3 MARKET OVERVIEW

3.1 DRIVERS

3.2 RESTRAINTS

3.3 OPPORTUNITIES

3.4 CHALLENGES

4 EXECUTIVE SUMMARY

5 PREMIUM INSIGHTS

5.1 VALUE CHAIN ANALYSIS

5.2 BRAND ANALYSIS

5.3 ECOSYSTEM MARKET MAP

5.4 TECHNOLOGICAL TRENDS

5.5 TOP WINNING STRATEGIES

5.6 PORTER’S FIVE FORCES ANALYSIS

6 GLOBAL PROCESS ANALYTICS SERVICE MARKET, BY PROCESS MINING TYPE

6.1 OVERVIEW

6.2 PROCESS DISCOVERY

6.3 PROCESS CONFORMANCE

6.4 PROCESS ENHANCEMENT

7 GLOBAL PROCESS ANALYTICS SERVICE MARKET, BY DEPLOYMENT MODE

7.1 OVERVIEW

7.2 ON-PREMISE

7.3 CLOUD

8 GLOBAL PROCESS ANALYTICS SERVICE MARKET, BY APPLICATION

8.1 OVERVIEW

8.2 BUSINESS PROCESS

8.3 INFORMATION TECHNOLOGY PROCESS

8.4 CUSTOMER INTERACTION

9 GLOBAL PROCESS ANALYTICS SERVICE MARKET, BY VERTICAL

9.1 OVERVIEW

9.2 BFSI

9.2.1 BY PROCESS MINING TYPE

9.2.1.1. PROCESS DISCOVERY

9.2.1.2. PROCESS CONFORMANCE

9.2.1.3. PROCESS ENHANCEMENT

9.3 HEALTHCARE

9.3.1 BY PROCESS MINING TYPE

9.3.1.1. PROCESS DISCOVERY

9.3.1.2. PROCESS CONFORMANCE

9.3.1.3. PROCESS ENHANCEMENT

9.4 MANUFACTURING

9.4.1 BY PROCESS MINING TYPE

9.4.1.1. PROCESS DISCOVERY

9.4.1.2. PROCESS CONFORMANCE

9.4.1.3. PROCESS ENHANCEMENT

9.5 ENERGY & UTILITIES

9.5.1 BY PROCESS MINING TYPE

9.5.1.1. PROCESS DISCOVERY

9.5.1.2. PROCESS CONFORMANCE

9.5.1.3. PROCESS ENHANCEMENT

9.6 OTHERS

9.6.1 BY PROCESS MINING TYPE

9.6.1.1. PROCESS DISCOVERY

9.6.1.2. PROCESS CONFORMANCE

9.6.1.3. PROCESS ENHANCEMENT

10 LOBAL PROCESS ANALYTICS SERVICE MARKET, BY REGION

Global PROCESS ANALYTICS SERVICE Market, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)

10.1 NORTH AMERICA

10.1.1 U.S.

10.1.2 CANADA

10.1.3 MEXICO

10.2 EUROPE

10.2.1 GERMANY

10.2.2 FRANCE

10.2.3 U.K.

10.2.4 ITALY

10.2.5 SPAIN

10.2.6 RUSSIA

10.2.7 TURKEY

10.2.8 BELGIUM

10.2.9 NETHERLANDS

10.2.10 SWITZERLAND

10.2.11 DENMARK

10.2.12 SWEDEN

10.2.13 POLAND

10.2.14 NORWAY

10.2.15 FINLAND

10.2.16 REST OF EUROPE

10.3 ASIA PACIFIC

10.3.1 JAPAN

10.3.2 CHINA

10.3.3 SOUTH KOREA

10.3.4 INDIA

10.3.5 AUSTRALIA

10.3.6 SINGAPORE

10.3.7 THAILAND

10.3.8 MALAYSIA

10.3.9 INDONESIA

10.3.10 PHILIPPINES

10.3.11 NEW ZEALAND

10.3.12 TAIWAN

10.3.13 VIETNAM

10.3.14 REST OF ASIA PACIFIC

10.4 SOUTH AMERICA

10.4.1 BRAZIL

10.4.2 ARGENTINA

10.4.3 REST OF SOUTH AMERICA

10.5 MIDDLE EAST AND AFRICA

10.5.1 SOUTH AFRICA

10.5.2 EGYPT

10.5.3 BAHRAIN

10.5.4 QATAR

10.5.5 KUWAIT

10.5.6 OMAN

10.5.7 SAUDI ARABIA

10.5.8 U.A.E

10.5.9 ISRAEL

10.5.10 REST OF MIDDLE EAST AND AFRICA

10.6 KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES

11 GLOBAL PROCESS ANALYTICS SERVICE MARKET, COMPANY LANDSCAPE

11.1 COMPANY SHARE ANALYSIS: NORTH AMERICA

11.2 COMPANY SHARE ANALYSIS: EUROPE

11.3 COMPANY SHARE ANALYSIS: ASIA-PACIFIC

11.4 MERGERS & ACQUISITIONS

11.5 NEW PRODUCT DEVELOPMENT & APPROVALS

11.6 EXPANSIONS

11.7 REGULATORY CHANGES

11.8 PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS

12 GLOBAL PROCESS ANALYTICS SERVICE MARKET, SWOT ANALYSIS

13 GLOBAL PROCESS ANALYTICS SERVICE MARKET, COMPANY PROFILE

13.1 CELONIS

13.1.1 COMPANY SNAPSHOT

13.1.2 REVENUE ANALYSIS

13.1.3 GEOGRAPHIC PRESENCE

13.1.4 PRODUCT PORTFOLIO

13.1.5 RECENT DEVELOPMENTS

13.2 ICARO TECH

13.2.1 COMPANY SNAPSHOT

13.2.2 REVENUE ANALYSIS

13.2.3 GEOGRAPHIC PRESENCE

13.2.4 PRODUCT PORTFOLIO

13.2.5 RECENT DEVELOPMENTS

13.3 FLUXICON

13.3.1 COMPANY SNAPSHOT

13.3.2 REVENUE ANALYSIS

13.3.3 GEOGRAPHIC PRESENCE

13.3.4 PRODUCT PORTFOLIO

13.3.5 RECENT DEVELOPMENTS

13.4 MINIT

13.4.1 COMPANY SNAPSHOT

13.4.2 REVENUE ANALYSIS

13.4.3 GEOGRAPHIC PRESENCE

13.4.4 PRODUCT PORTFOLIO

13.4.5 RECENT DEVELOPMENTS

13.5 LOGPICKR

13.5.1 COMPANY SNAPSHOT

13.5.2 REVENUE ANALYSIS

13.5.3 GEOGRAPHIC PRESENCE

13.5.4 PRODUCT PORTFOLIO

13.5.5 RECENT DEVELOPMENTS

13.6 MONKEY MINING

13.6.1 COMPANY SNAPSHOT

13.6.2 REVENUE ANALYSIS

13.6.3 GEOGRAPHIC PRESENCE

13.6.4 PRODUCT PORTFOLIO

13.6.5 RECENT DEVELOPMENTS

13.7 LANA LABS

13.7.1 COMPANY SNAPSHOT

13.7.2 REVENUE ANALYSIS

13.7.3 GEOGRAPHIC PRESENCE

13.7.4 PRODUCT PORTFOLIO

13.7.5 RECENT DEVELOPMENTS

13.8 SCHEER

13.8.1 COMPANY SNAPSHOT

13.8.2 REVENUE ANALYSIS

13.8.3 GEOGRAPHIC PRESENCE

13.8.4 PRODUCT PORTFOLIO

13.8.5 RECENT DEVELOPMENTS

13.9 TIMELINEPI

13.9.1 COMPANY SNAPSHOT

13.9.2 REVENUE ANALYSIS

13.9.3 GEOGRAPHIC PRESENCE

13.9.4 PRODUCT PORTFOLIO

13.9.5 RECENT DEVELOPMENTS

13.1 QPR SOFTWARE

13.10.1 COMPANY SNAPSHOT

13.10.2 REVENUE ANALYSIS

13.10.3 GEOGRAPHIC PRESENCE

13.10.4 PRODUCT PORTFOLIO

13.10.5 RECENT DEVELOPMENTS

13.11 PUZZLE DATA

13.11.1 COMPANY SNAPSHOT

13.11.2 REVENUE ANALYSIS

13.11.3 GEOGRAPHIC PRESENCE

13.11.4 PRODUCT PORTFOLIO

13.11.5 RECENT DEVELOPMENTS

13.12 WORKSOFT

13.12.1 COMPANY SNAPSHOT

13.12.2 REVENUE ANALYSIS

13.12.3 GEOGRAPHIC PRESENCE

13.12.4 PRODUCT PORTFOLIO

13.12.5 RECENT DEVELOPMENTS

13.13 COGNITIVE TECHNOLOGY

13.13.1 COMPANY SNAPSHOT

13.13.2 REVENUE ANALYSIS

13.13.3 GEOGRAPHIC PRESENCE

13.13.4 PRODUCT PORTFOLIO

13.13.5 RECENT DEVELOPMENTS

13.14 INTELLERA

13.14.1 COMPANY SNAPSHOT

13.14.2 REVENUE ANALYSIS

13.14.3 GEOGRAPHIC PRESENCE

13.14.4 PRODUCT PORTFOLIO

13.14.5 RECENT DEVELOPMENTS

13.15 PROCESS MINING GROUP

13.15.1 COMPANY SNAPSHOT

13.15.2 REVENUE ANALYSIS

13.15.3 GEOGRAPHIC PRESENCE

13.15.4 PRODUCT PORTFOLIO

13.15.5 RECENT DEVELOPMENTS

13.16 SIGNAVIO

13.16.1 COMPANY SNAPSHOT

13.16.2 REVENUE ANALYSIS

13.16.3 GEOGRAPHIC PRESENCE

13.16.4 PRODUCT PORTFOLIO

13.16.5 RECENT DEVELOPMENTS

13.17 PROCESS ANALYTICS GROUP

13.17.1 COMPANY SNAPSHOT

13.17.2 REVENUE ANALYSIS

13.17.3 GEOGRAPHIC PRESENCE

13.17.4 PRODUCT PORTFOLIO

13.17.5 RECENT DEVELOPMENTS

13.18 PROCESSGOLD

13.18.1 COMPANY SNAPSHOT

13.18.2 REVENUE ANALYSIS

13.18.3 GEOGRAPHIC PRESENCE

13.18.4 PRODUCT PORTFOLIO

13.18.5 RECENT DEVELOPMENTS

13.19 STEREOLOGIC

13.19.1 COMPANY SNAPSHOT

13.19.2 REVENUE ANALYSIS

13.19.3 GEOGRAPHIC PRESENCE

13.19.4 PRODUCT PORTFOLIO

13.19.5 RECENT DEVELOPMENTS

13.2 PROCESS ANALYTICS GROUP (PAF)

13.20.1 COMPANY SNAPSHOT

13.20.2 REVENUE ANALYSIS

13.20.3 GEOGRAPHIC PRESENCE

13.20.4 PRODUCT PORTFOLIO

13.20.5 RECENT DEVELOPMENTS

13.21 SOFTWARE AG

13.21.1 COMPANY SNAPSHOT

13.21.2 REVENUE ANALYSIS

13.21.3 GEOGRAPHIC PRESENCE

13.21.4 PRODUCT PORTFOLIO

13.21.5 RECENT DEVELOPMENTS

13.22 FUJITSU

13.22.1 COMPANY SNAPSHOT

13.22.2 REVENUE ANALYSIS

13.22.3 GEOGRAPHIC PRESENCE

13.22.4 PRODUCT PORTFOLIO

13.22.5 RECENT DEVELOPMENTS

13.23 CA TECHNOLOGIES

13.23.1 COMPANY SNAPSHOT

13.23.2 REVENUE ANALYSIS

13.23.3 GEOGRAPHIC PRESENCE

13.23.4 PRODUCT PORTFOLIO

13.23.5 RECENT DEVELOPMENTS

13.24 SNP

13.24.1 COMPANY SNAPSHOT

13.24.2 REVENUE ANALYSIS

13.24.3 GEOGRAPHIC PRESENCE

13.24.4 PRODUCT PORTFOLIO

13.24.5 RECENT DEVELOPMENTS

13.25 YOUR DATA

13.25.1 COMPANY SNAPSHOT

13.25.2 REVENUE ANALYSIS

13.25.3 GEOGRAPHIC PRESENCE

13.25.4 PRODUCT PORTFOLIO

13.25.5 RECENT DEVELOPMENTS

NOTE: THE COMPANIES PROFILED IS NOT EXHAUSTIVE LIST AND IS AS PER OUR PREVIOUS CLIENT REQUIREMENT. WE PROFILE MORE THAN 100 COMPANIES IN OUR STUDY AND HENCE THE LIST OF COMPANIES CAN BE MODIFIED OR REPLACED ON REQUEST

14 RELATED REPORTS

15 QUESTIONNAIRE

16 ABOUT DATA BRIDGE MARKET RESEARCH

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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Frequently Asked Questions

The Process Analytics Service Market is projected to grow at a CAGR of 50.5% during the forecast period by 2029.
The Process Analytics Service Market is segmented on the basis of process mining type, deployment type, organization size and application.
The major players in the Process Analytics Service Market are Lana Labs, Minit, Logpickr, Timelinepi, Scheer, Monkey Mining, Celonis, Fluxicon, Icaro Tech, Kofax, Worksoft, Puzzle Data, QPR Software, Cognitive Technology, Signavio, SNP, etc.
The countries covered in the Process Analytics Service Market are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, etc.

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