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Global Process Analytics Market Size study & Forecast, by Process Mining Type (Process discovery, Process conformance, Process enhancement), by Deployment Mode (On Premise, Cloud), by Organization Size (Large Enterprises, Small and Medium Enterprises), by Application (Business Process, Information Technology Process, Customer Interaction) and Regional Analysis, 2023-2030

July 2023 | 200 pages | ID: G7F366602758EN
Bizwit Research & Consulting LLP

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Global Process Analytics Market is valued approximately USD 0.67 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 44.6% over the forecast period 2023-2030. Process analysis refers to the systematic evaluation of business processes, such as budgeting or manufacturing, with the aim of assessing performance and pinpointing areas for enhancement. Additionally, it entails the analysis of data, although not all data analysis is specifically focused on evaluating processes. The demand for business process analytics is on the rise due to the increasing prevalence of digital transformation and intensified competition, which drives the need for better analysis and understanding of business processes. The growing utilization of algorithms to streamline the process analytics industry is a significant factor contributing to this trend. Moreover, the adoption of task-level automation is playing a positive role in fueling the growth of the process analytics sector.

Moreover, the rising adoption of cloud AI and business analytics tools has indeed supported the growth of the Process Analytics Market. According to the Statista in 2023, In the United States, across various sectors (excluding agriculture, forestry, fishery, and hunting), the percentage of AI-related job postings has risen from 1.7% in 2021 to 1.9% in 2022. This indicates a growing demand for workers with AI-related skills among US employers. Additionally, an analysis conducted by the AI Index reveals that the number of bills pertaining to 'artificial intelligence' passed into law has increased from only 1 in 2016 to 37 in 2022, spanning 127 countries. Additionally, digital transformation business and the increasing adoption of algorithmic business approaches are the significant growth opportunities for the future of global process analytics market. However, increasing competition from open-source alternatives stifling market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Process Analytics Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the initial adoption of advanced process analytics technology in enterprises has led to improved technological effectiveness. Key players in countries like the US and Canada offer cloud-based solutions for fast and efficient operations, contributing to this advancement. Process analytics plays a crucial role in helping enterprises across the region become more technologically effective. Asia Pacific is expected to grow significantly during the forecast period, owing to a surge in the adoption of advanced strategic platforms that incorporate advanced process analytics, automation, and AI technologies such as natural language processing and machine learning. These platforms empower market leaders to think more expansively and precisely about a diverse range of future possibilities.

Major market player included in this report are:
Fluxicon BV
CA Technologies
Monkey Mining BV
Scheer Gmbh
Logpickr
Icaro Tech
Kofax Inc.
Worksoft, Inc.
Cognitive Technology
QPR Software
Recent Developments in the Market:
In August 2021, Appian has recently acquired Lana Labs, the renowned developer of the LANA Process Mining Platform. Lana Labs is highly regarded for its proficiency in handling complex enterprise processes, offering robust AI- and machine learning-based process analysis, seamless data integration, and user-friendly interface. By leveraging Lana's platform, customers can minimize the time spent on data consolidation and instead focus on identifying and addressing process inefficiencies.
Global Process Analytics Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Process Mining Type, Development Mode, Organization Size, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Process Mining Type:
Process discovery
Process conformance
Process enhancement
By Deployment Mode:
On Premise
Cloud
By Organization Size:
Large Enterprise
Small and Medium Enterprises
By Application:
Business Process
Information Technology Process
Customer Interaction

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Process Analytics Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Process Analytics Market, by Process Mining Type, 2020-2030 (USD Billion)
  1.2.3. Process Analytics Market, by Deployment Mode, 2020-2030 (USD Billion)
  1.2.4. Process Analytics Market, by Organization Size, 2020-2030 (USD Billion)
  1.2.5. Process Analytics Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL PROCESS ANALYTICS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL PROCESS ANALYTICS MARKET DYNAMICS

3.1. Process Analytics Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Increasing adoption of cloud AI, and business analytics tools
    3.1.1.2. Growing adoption of task-level automation
  3.1.2. Market Challenges
    3.1.2.1. High Cost of Process Analytics
    3.1.2.2. Increasing competition from open-source alternatives
  3.1.3. Market Opportunities
    3.1.3.1. Advancements digital transformation business
    3.1.3.2. Increasing adoption of algorithmic business approaches

CHAPTER 4. GLOBAL PROCESS ANALYTICS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL PROCESS ANALYTICS MARKET, BY PROCESS MINING TYPE

5.1. Market Snapshot
5.2. Global Process Analytics Market by Process Mining Type, Performance - Potential Analysis
5.3. Global Process Analytics Market Estimates & Forecasts by Process Mining Type 2020-2030 (USD Billion)
5.4. Process Analytics Market, Sub Segment Analysis
  5.4.1. Process discovery
  5.4.2. Process conformance
  5.4.3. Process enhancement

CHAPTER 6. GLOBAL PROCESS ANALYTICS MARKET, BY DEPLOYMENT MODE

6.1. Market Snapshot
6.2. Global Process Analytics Market by Deployment Mode, Performance - Potential Analysis
6.3. Global Process Analytics Market Estimates & Forecasts by Deployment Mode 2020-2030 (USD Billion)
6.4. Process Analytics Market, Sub Segment Analysis
  6.4.1. On Premise
  6.4.2. Cloud

CHAPTER 7. GLOBAL PROCESS ANALYTICS MARKET, BY ORGANIZATION SIZE

7.1. Market Snapshot
7.2. Global Process Analytics Market by Organization Size, Performance - Potential Analysis
7.3. Global Process Analytics Market Estimates & Forecasts by Organization Size 2020-2030 (USD Billion)
7.4. Process Analytics Market, Sub Segment Analysis
  7.4.1. Large Enterprise
  7.4.2. Small and Medium Enterprises

CHAPTER 8. GLOBAL PROCESS ANALYTICS MARKET, BY APPLICATION

8.1. Market Snapshot
8.2. Global Process Analytics Market by Application, Performance - Potential Analysis
8.3. Global Process Analytics Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
8.4. Process Analytics Market, Sub Segment Analysis
  8.4.1. Business Process
  8.4.2. Information Technology Process
  8.4.3. Customer Interaction

CHAPTER 9. GLOBAL PROCESS ANALYTICS MARKET, REGIONAL ANALYSIS

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Process Analytics Market, Regional Market Snapshot
9.4. North America Process Analytics Market
  9.4.1. U.S. Process Analytics Market
    9.4.1.1. Process Mining Type breakdown estimates & forecasts, 2020-2030
    9.4.1.2. Deployment Mode breakdown estimates & forecasts, 2020-2030
    9.4.1.3. Organization Size breakdown estimates & forecasts, 2020-2030
    9.4.1.4. Application breakdown estimates & forecasts, 2020-2030
  9.4.2. Canada Process Analytics Market
9.5. Europe Process Analytics Market Snapshot
  9.5.1. U.K. Process Analytics Market
  9.5.2. Germany Process Analytics Market
  9.5.3. France Process Analytics Market
  9.5.4. Spain Process Analytics Market
  9.5.5. Italy Process Analytics Market
  9.5.6. Rest of Europe Process Analytics Market
9.6. Asia-Pacific Process Analytics Market Snapshot
  9.6.1. China Process Analytics Market
  9.6.2. India Process Analytics Market
  9.6.3. Japan Process Analytics Market
  9.6.4. Australia Process Analytics Market
  9.6.5. South Korea Process Analytics Market
  9.6.6. Rest of Asia Pacific Process Analytics Market
9.7. Latin America Process Analytics Market Snapshot
  9.7.1. Brazil Process Analytics Market
  9.7.2. Mexico Process Analytics Market
9.8. Middle East & Africa Process Analytics Market
  9.8.1. Saudi Arabia Process Analytics Market
  9.8.2. South Africa Process Analytics Market
  9.8.3. Rest of Middle East & Africa Process Analytics Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Key Company SWOT Analysis
  10.1.1. Company
  10.1.2. Company
  10.1.3. Company
10.2. Top Market Strategies
10.3. Company Profiles
  10.3.1. Fluxicon BV
    10.3.1.1. Key Information
    10.3.1.2. Overview
    10.3.1.3. Financial (Subject to Data Availability)
    10.3.1.4. Product Summary
    10.3.1.5. Recent Developments
  10.3.2. CA Technologies
  10.3.3. Monkey Mining BV
  10.3.4. Scheer Gmbh
  10.3.5. Logpickr
  10.3.6. Icaro Tech
  10.3.7. Kofax Inc.
  10.3.8. Worksoft, Inc.
  10.3.9. Cognitive Technology
  10.3.10. QPR Software

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Process Analytics Market, report scope
TABLE 2. Global Process Analytics Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Process Analytics Market estimates & forecasts by Process Mining Type 2020-2030 (USD Billion)
TABLE 4. Global Process Analytics Market estimates & forecasts by Deployment Mode 2020-2030 (USD Billion)
TABLE 5. Global Process Analytics Market estimates & forecasts by Organization Size 2020-2030 (USD Billion)
TABLE 6. Global Process Analytics Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 7. Global Process Analytics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Process Analytics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Process Analytics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Process Analytics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Process Analytics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Process Analytics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Process Analytics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Process Analytics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Process Analytics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Process Analytics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Process Analytics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Process Analytics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Process Analytics Market
TABLE 72. List of primary sources, used in the study of global Process Analytics Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Process Analytics Market, research methodology
FIG 2. Global Process Analytics Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Process Analytics Market, key trends 2022
FIG 5. Global Process Analytics Market, growth prospects 2023-2030
FIG 6. Global Process Analytics Market, porters 5 force model
FIG 7. Global Process Analytics Market, pest analysis
FIG 8. Global Process Analytics Market, value chain analysis
FIG 9. Global Process Analytics Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Process Analytics Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Process Analytics Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Process Analytics Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Process Analytics Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Process Analytics Market, regional snapshot 2020 & 2030
FIG 15. North America Process Analytics Market 2020 & 2030 (USD Billion)
FIG 16. Europe Process Analytics Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Process Analytics Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Process Analytics Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Process Analytics Market 2020 & 2030 (USD Billion)
List of tables and figures are dummy in nature, final lists may vary in the final deliverable


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