[152 Pages Report] The mobile BPM market is expected to grow from USD 1.18 Billion in 2015 to USD 3.26 Billion by 2020, at a CAGR of 22.5% from 2015 to 2020.

Mobile technologies provide real-time access to business process management (BPM) processes from remote locations. By extending existing processes to mobile workforces, enterprises can significantly improve business responsiveness, increase productivity, and improve processing times. The current trend in the market is the increasing acceptance of technologies such as cloud computing, business analytics, social media platforms, and process automation software. These technologies contribute to cost reduction and more efficient operations, by restructuring the systems background, thereby regulating the technological environment on a unified, centralized platform. The report aims at estimating the market size and future growth potential of the market across different segments, such as solution, service, deployment model, end user, vertical, and region. Companies are adopting mobile BPM solutions to gain competitive advantage and distinguish themselves from other market players by focusing on their core competencies. The need for cost-effective business processes is driving the overall growth of the mobile BPM market

The research methodology used to estimate and forecast the market starts with capturing data on key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global mobile BPM market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key personnel, such as CEOs, VPs, directors, and executives. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of this market. The breakdown of profiles of primaries is depicted in the figure given below:

The mobile BPM ecosystem comprises mobile BPM processes and solution vendors such as IBM, Oracle, Software AG, Pegasystems, Appian, and Fujitsu, among others. They provide mobile BPM services and solutions to end users in order to cater to their specific business requirements.

Target Audience

Mobile BPM Solution Providers

End Users/Consumers/Enterprise Users

Government Organizations

Consultants/Advisory Firms

System Integrators and Resellers

Training and Education Service Providers

Support and Maintenance Service Providers

Scope of the Report

The research report segments the mobile BPM market into the following segments:

By Solution:

Automation

Process Modeling & Design

Integration

Content & Document Management

Monitoring & Optimization

Others

By Service:

Maintenance & Support

Integration & Deployment

Consulting

Others

By Deployment Model:

Public Cloud

Private Cloud

Hybrid Cloud

By End User:

Small and Medium Enterprises (SMEs)

Large Enterprises

By Vertical:

BFSI

Telecom & IT

Consumer Goods & Retail

Manufacturing

Government & Defense

Automotive

Healthcare

Transportation & Logistics

Others

By Region:

North America

Europe

Asia-Pacific

Middle East and Africa

Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company�s specific needs. The following customization options are available for the report:

Product Analysis

Product matrix, which gives a detailed comparison of product portfolio of each company

Geographic Analysis

Further breakdown of the North America market

Further breakdown of the Europe mobile market

Further breakdown of the Asia-Pacific market

Further breakdown of the Middle East & Africa market

Further breakdown of the Latin America market

Company Information

Detailed analysis and profiling of additional market players

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Mobile BPM, a subset of business process management, is a specially designed information system that permits customers, business partners, and staffs to interact more efficiently and productively. It helps organizations to operate business processes via mobile devices, thus improving the turn-around-time as well as operational performance. Mobile BPM solutions help to deal with major issues such as redundancy in systems processes, and absence of transparency and flexibility in processes. A large number of organizations use mobile BPM solutions to automate operations, make better decisions, exploit opportunities, and respond to changes in the mobile BPM market. Certain mobile BPM apps offer the advantage of location-based services to dynamically modify a business process based on the current context.

The global mobile BPM market is projected to grow from USD 1.18 Billion in 2015 to USD 3.26 Billion by 2020, at a CAGR of 22.5% from 2015 to 2020. Cost efficiency and return on investment (ROI) from mobile BPM suites is driving the growth of the market in the next five years. Improving cost efficiency is not only related to reducing expenditure but also includes devising strategic investment plans in order improve material savings. Currently, several organizations are recognizing the significance of effective implementation of mobile BPM solutions to achieve efficiency. As organizations seek to manage and measure the business value of every process, mobile BPM provides a powerful collaborative platform to enhance their operational efficiency. It also provides organizations with varied benefits, such as automation, optimization, solution development, regulatory compliance, and advanced workflow solutions.

On the basis of vertical, the mobile BPM market is segmented into BFSI, automation, manufacturing, consumer goods & retail, healthcare, government & defense, IT & telecom, and transportation & logistics, among others. In 2015, the BFSI segment contributed the largest share in the market, followed by the government & defense segment.

This market is further segmented on the basis of solution into process modeling & design, integration, content & document management, monitoring & optimization, and automation, among others. Among them, the automation solution segment accounted for the largest share in the mobile BPM market. Automation helps businesses automate various business-related processes, such as billing and order processing, among others. The solutions covered under this segment include workflow automation, lifecycle automation, compliance and business rules management system, and service-oriented architecture (SOA). Thus, complex mobile business processes and functions such as data handling are achieved through the implementation of varied automation solutions.

On the basis of region, the mobile BPM market is classified into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. In North America, organizations are shifting to digital businesses and are becoming more customer-centric. Similarly, in Europe and Asia-Pacific regions, enterprises are redesigning and modernizing process with an aim of improving business process efficiencies. Mobile BPM suites and solutions represent ways of automating business processes, hence its adoption in technology-inclined areas is very high.