The BPM industry has grown between $13 billion to $14 billion by 2021

Statistic Info

The BPM industry has grown so much by 2021 and is expected to continue to have a positive trajectory. This is because more and more businesses are recognizing the importance of documenting and monitoring their processes.

Author: Zentao

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With nine in 10 companies planning a hybrid model moving forward, organizations must reinvent the processes and tools they previously relied on

Around 50% of consumers will use mobile messaging apps for customer service and support.

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The BPM industry has grown between $13 billion to $14 billion by 2021

73% of CFOs state their businesses are already streamlining workflows and processes with automation and integrations

During the period 2021-2028, the BPM market is expected to increase at a CAGR of 12.0%

Research found that companies with elite-performing engineering organizations are twice as likely to achieve their organizational goals and achieve a 50% higher growth rate over three years.

About 69% of businesses have adopted cloud-computing technology.