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Process Analytics Market By Process Mining Type, By Deployment Mode, By Organization Size, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 289 Pages
  • May 2022
  • Region: Global
  • Allied Market Research
  • ID: 5640571
Description Jump to:
A process analytics is a systematic review of all steps and procedures followed to perform an assigned activity. It is a description of the way a particular task is done within an organization. Process analysis is an ongoing improvement process where organizations analyze the way they do things in order to find more efficient methods to perform a particular task. This analysis is based on the three elements of any activity, which includes input, process and output. Process analysis deals with the way the input is transformed into the desired output. One goal for this analysis is to reduce the number of resources, including time, employed to get the output required.

Digital transformation is empowering users’ awareness for analyzing and understanding business processes and increase in adoption of algorithmic business are the significant growth opportunities for the future of global process analytics market. In addition, rise in the implementation of task-level automation is positively impacting the growth of the process analytics market. However, competition from open-source alternatives hampering the demand for commercial solutions and lack of skills and expertise limit the market growth. On the contrary, the need to focus on enhancing the customer experience are expected to offer remunerative opportunities for expansion of the process analytics industry during the forecast period.

The global process analytics market is segmented on the basis of process mining type, deployment model, organization size, application and region. On the basis of process mining type, the market is divided into process discovery, process conformance and process enhancement. Based on deployment model, the market is bifurcated into on-premises and cloud. On the basis of organization size, the market is segmented into small and medium-sized enterprises and large enterprises. Depending on application, the market is classified into business process, process analytical technology and customer interaction. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global process analytics market is dominated by key players such as Celonis, Fluxicon BV, Icaro Tech, Kofax Inc., Logpickr, Scheer GmbH, Worksoft, Inc., Minit, Monkey Mining BV, and ABBYY. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Key Benefits For Stakeholders

  • The study provides process analytics market analysis along with current & future trends to explain the imminent investment pockets.
  • Information about key drivers, restraints, & opportunities and their impact analysis on global process analytics forecast is provided in the report.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
  • The quantitative analysis of the market from 2022 to 2031 is provided to determine the market potential.

Key Market Segments


BY APPLICATION

  • Business Process
  • Information Technology Process
  • Customer Interaction

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 Region

  • North America
  • U.S.
  • Canada
  • Europe
  • Rest of Europe
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • Australia
  • India
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Scheer Gmbh
  • Worksoft, Inc.
  • Minit
  • Monkey Mining BV
  • ABBYY
  • Celonis
  • Fluxicon BV
  • Icaro Tech
  • Kofax Inc.
  • Logpickr

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: PROCESS ANALYTICS MARKET, BY PROCESS MINING TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Process discovery
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Process conformance
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Process enhancement
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: PROCESS ANALYTICS MARKET, BY DEPLOYMENT MODE
5.1 Overview
5.1.1 Market size and forecast
5.2 On Premise
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Cloud
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: PROCESS ANALYTICS MARKET, BY ORGANIZATION SIZE
6.1 Overview
6.1.1 Market size and forecast
6.2 Large Enterprises
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Small and Medium Enterprises
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
CHAPTER 7: PROCESS ANALYTICS MARKET, BY APPLICATION
7.1 Overview
7.1.1 Market size and forecast
7.2 Business Process
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Information Technology Process
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Customer Interaction
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
CHAPTER 8: PROCESS ANALYTICS MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Process Mining Type
8.2.3 North America Market size and forecast, by Deployment Mode
8.2.4 North America Market size and forecast, by Organization Size
8.2.5 North America Market size and forecast, by Application
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Market size and forecast, by Process Mining Type
8.2.6.1.2 Market size and forecast, by Deployment Mode
8.2.6.1.3 Market size and forecast, by Organization Size
8.2.6.1.4 Market size and forecast, by Application
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Process Mining Type
8.2.6.2.2 Market size and forecast, by Deployment Mode
8.2.6.2.3 Market size and forecast, by Organization Size
8.2.6.2.4 Market size and forecast, by Application
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Process Mining Type
8.3.3 Europe Market size and forecast, by Deployment Mode
8.3.4 Europe Market size and forecast, by Organization Size
8.3.5 Europe Market size and forecast, by Application
8.3.6 Europe Market size and forecast, by country
8.3.6.1 U.K.
8.3.6.1.1 Market size and forecast, by Process Mining Type
8.3.6.1.2 Market size and forecast, by Deployment Mode
8.3.6.1.3 Market size and forecast, by Organization Size
8.3.6.1.4 Market size and forecast, by Application
8.3.6.2 Germany
8.3.6.2.1 Market size and forecast, by Process Mining Type
8.3.6.2.2 Market size and forecast, by Deployment Mode
8.3.6.2.3 Market size and forecast, by Organization Size
8.3.6.2.4 Market size and forecast, by Application
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Process Mining Type
8.3.6.3.2 Market size and forecast, by Deployment Mode
8.3.6.3.3 Market size and forecast, by Organization Size
8.3.6.3.4 Market size and forecast, by Application
8.3.6.4 Italy
8.3.6.4.1 Market size and forecast, by Process Mining Type
8.3.6.4.2 Market size and forecast, by Deployment Mode
8.3.6.4.3 Market size and forecast, by Organization Size
8.3.6.4.4 Market size and forecast, by Application
8.3.6.5 Spain
8.3.6.5.1 Market size and forecast, by Process Mining Type
8.3.6.5.2 Market size and forecast, by Deployment Mode
8.3.6.5.3 Market size and forecast, by Organization Size
8.3.6.5.4 Market size and forecast, by Application
8.3.6.6 Netherlands
8.3.6.6.1 Market size and forecast, by Process Mining Type
8.3.6.6.2 Market size and forecast, by Deployment Mode
8.3.6.6.3 Market size and forecast, by Organization Size
8.3.6.6.4 Market size and forecast, by Application
8.3.6.7 Rest of Europe
8.3.6.7.1 Market size and forecast, by Process Mining Type
8.3.6.7.2 Market size and forecast, by Deployment Mode
8.3.6.7.3 Market size and forecast, by Organization Size
8.3.6.7.4 Market size and forecast, by Application
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Process Mining Type
8.4.3 Asia-Pacific Market size and forecast, by Deployment Mode
8.4.4 Asia-Pacific Market size and forecast, by Organization Size
8.4.5 Asia-Pacific Market size and forecast, by Application
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Process Mining Type
8.4.6.1.2 Market size and forecast, by Deployment Mode
8.4.6.1.3 Market size and forecast, by Organization Size
8.4.6.1.4 Market size and forecast, by Application
8.4.6.2 Japan
8.4.6.2.1 Market size and forecast, by Process Mining Type
8.4.6.2.2 Market size and forecast, by Deployment Mode
8.4.6.2.3 Market size and forecast, by Organization Size
8.4.6.2.4 Market size and forecast, by Application
8.4.6.3 South Korea
8.4.6.3.1 Market size and forecast, by Process Mining Type
8.4.6.3.2 Market size and forecast, by Deployment Mode
8.4.6.3.3 Market size and forecast, by Organization Size
8.4.6.3.4 Market size and forecast, by Application
8.4.6.4 Australia
8.4.6.4.1 Market size and forecast, by Process Mining Type
8.4.6.4.2 Market size and forecast, by Deployment Mode
8.4.6.4.3 Market size and forecast, by Organization Size
8.4.6.4.4 Market size and forecast, by Application
8.4.6.5 India
8.4.6.5.1 Market size and forecast, by Process Mining Type
8.4.6.5.2 Market size and forecast, by Deployment Mode
8.4.6.5.3 Market size and forecast, by Organization Size
8.4.6.5.4 Market size and forecast, by Application
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Market size and forecast, by Process Mining Type
8.4.6.6.2 Market size and forecast, by Deployment Mode
8.4.6.6.3 Market size and forecast, by Organization Size
8.4.6.6.4 Market size and forecast, by Application
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Process Mining Type
8.5.3 LAMEA Market size and forecast, by Deployment Mode
8.5.4 LAMEA Market size and forecast, by Organization Size
8.5.5 LAMEA Market size and forecast, by Application
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Market size and forecast, by Process Mining Type
8.5.6.1.2 Market size and forecast, by Deployment Mode
8.5.6.1.3 Market size and forecast, by Organization Size
8.5.6.1.4 Market size and forecast, by Application
8.5.6.2 Middle East
8.5.6.2.1 Market size and forecast, by Process Mining Type
8.5.6.2.2 Market size and forecast, by Deployment Mode
8.5.6.2.3 Market size and forecast, by Organization Size
8.5.6.2.4 Market size and forecast, by Application
8.5.6.3 Africa
8.5.6.3.1 Market size and forecast, by Process Mining Type
8.5.6.3.2 Market size and forecast, by Deployment Mode
8.5.6.3.3 Market size and forecast, by Organization Size
8.5.6.3.4 Market size and forecast, by Application
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 Scheer Gmbh
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Worksoft, Inc.
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Minit
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Monkey Mining BV
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 ABBYY
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Celonis
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Fluxicon BV
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Icaro Tech
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Kofax Inc.
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Logpickr
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 2. Process Analytics Market Size, for Process Discovery, by Region, 2021-2031 ($Million)
Table 3. Process Analytics Market for Process Discovery by Country, 2021-2031 ($Million)
Table 4. Process Analytics Market Size, for Process Conformance, by Region, 2021-2031 ($Million)
Table 5. Process Analytics Market for Process Conformance by Country, 2021-2031 ($Million)
Table 6. Process Analytics Market Size, for Process Enhancement, by Region, 2021-2031 ($Million)
Table 7. Process Analytics Market for Process Enhancement by Country, 2021-2031 ($Million)
Table 8. Global Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 9. Process Analytics Market Size, for on Premise, by Region, 2021-2031 ($Million)
Table 10. Process Analytics Market for on Premise by Country, 2021-2031 ($Million)
Table 11. Process Analytics Market Size, for Cloud, by Region, 2021-2031 ($Million)
Table 12. Process Analytics Market for Cloud by Country, 2021-2031 ($Million)
Table 13. Global Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 14. Process Analytics Market Size, for Large Enterprises, by Region, 2021-2031 ($Million)
Table 15. Process Analytics Market for Large Enterprises by Country, 2021-2031 ($Million)
Table 16. Process Analytics Market Size, for Small and Medium Enterprises, by Region, 2021-2031 ($Million)
Table 17. Process Analytics Market for Small and Medium Enterprises by Country, 2021-2031 ($Million)
Table 18. Global Process Analytics Market, by Application, 2021-2031 ($Million)
Table 19. Process Analytics Market Size, for Business Process, by Region, 2021-2031 ($Million)
Table 20. Process Analytics Market for Business Process by Country, 2021-2031 ($Million)
Table 21. Process Analytics Market Size, for Information Technology Process, by Region, 2021-2031 ($Million)
Table 22. Process Analytics Market for Information Technology Process by Country, 2021-2031 ($Million)
Table 23. Process Analytics Market Size, for Customer Interaction, by Region, 2021-2031 ($Million)
Table 24. Process Analytics Market for Customer Interaction by Country, 2021-2031 ($Million)
Table 25. Process Analytics Market, by Region, 2021-2031 ($Million)
Table 26. North America Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 27. North America Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 28. North America Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 29. North America Process Analytics Market, by Application, 2021-2031 ($Million)
Table 30. North America Process Analytics Market, by Country, 2021-2031 ($Million)
Table 31. U.S. Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 32. U.S. Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 33. U.S. Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 34. U.S. Process Analytics Market, by Application, 2021-2031 ($Million)
Table 35. Canada Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 36. Canada Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 37. Canada Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 38. Canada Process Analytics Market, by Application, 2021-2031 ($Million)
Table 39. Europe Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 40. Europe Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 41. Europe Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 42. Europe Process Analytics Market, by Application, 2021-2031 ($Million)
Table 43. Europe Process Analytics Market, by Country, 2021-2031 ($Million)
Table 44. U.K. Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 45. U.K. Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 46. U.K. Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 47. U.K. Process Analytics Market, by Application, 2021-2031 ($Million)
Table 48. Germany Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 49. Germany Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 50. Germany Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 51. Germany Process Analytics Market, by Application, 2021-2031 ($Million)
Table 52. France Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 53. France Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 54. France Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 55. France Process Analytics Market, by Application, 2021-2031 ($Million)
Table 56. Italy Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 57. Italy Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 58. Italy Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 59. Italy Process Analytics Market, by Application, 2021-2031 ($Million)
Table 60. Spain Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 61. Spain Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 62. Spain Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 63. Spain Process Analytics Market, by Application, 2021-2031 ($Million)
Table 64. Netherlands Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 65. Netherlands Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 66. Netherlands Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 67. Netherlands Process Analytics Market, by Application, 2021-2031 ($Million)
Table 68. Rest of Europe Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 69. Rest of Europe Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 70. Rest of Europe Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 71. Rest of Europe Process Analytics Market, by Application, 2021-2031 ($Million)
Table 72. Asia-Pacific Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 73. Asia-Pacific Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 74. Asia-Pacific Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 75. Asia-Pacific Process Analytics Market, by Application, 2021-2031 ($Million)
Table 76. Asia-Pacific Process Analytics Market, by Country, 2021-2031 ($Million)
Table 77. China Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 78. China Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 79. China Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 80. China Process Analytics Market, by Application, 2021-2031 ($Million)
Table 81. Japan Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 82. Japan Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 83. Japan Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 84. Japan Process Analytics Market, by Application, 2021-2031 ($Million)
Table 85. South Korea Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 86. South Korea Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 87. South Korea Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 88. South Korea Process Analytics Market, by Application, 2021-2031 ($Million)
Table 89. Australia Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 90. Australia Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 91. Australia Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 92. Australia Process Analytics Market, by Application, 2021-2031 ($Million)
Table 93. India Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 94. India Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 95. India Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 96. India Process Analytics Market, by Application, 2021-2031 ($Million)
Table 97. Rest of Asia-Pacific Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 98. Rest of Asia-Pacific Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 99. Rest of Asia-Pacific Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 100. Rest of Asia-Pacific Process Analytics Market, by Application, 2021-2031 ($Million)
Table 101. LAMEA Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 102. LAMEA Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 103. LAMEA Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 104. LAMEA Process Analytics Market, by Application, 2021-2031 ($Million)
Table 105. LAMEA Process Analytics Market, by Country, 2021-2031 ($Million)
Table 106. Latin America Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 107. Latin America Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 108. Latin America Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 109. Latin America Process Analytics Market, by Application, 2021-2031 ($Million)
Table 110. Middle East Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 111. Middle East Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 112. Middle East Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 113. Middle East Process Analytics Market, by Application, 2021-2031 ($Million)
Table 114. Africa Process Analytics Market, by Process Mining Type, 2021-2031 ($Million)
Table 115. Africa Process Analytics Market, by Deployment Mode, 2021-2031 ($Million)
Table 116. Africa Process Analytics Market, by Organization Size, 2021-2031 ($Million)
Table 117. Africa Process Analytics Market, by Application, 2021-2031 ($Million)
Table 118. Scheer GmbH: Company Snapshot
Table 119. Scheer GmbH: Operating Segments
Table 120. Scheer GmbH: Product Portfolio
Table 121. Scheer GmbH: Net Sales
Table 122. Scheer GmbH: Key Stratergies
Table 123. Worksoft, Inc.: Company Snapshot
Table 124. Worksoft, Inc.: Operating Segments
Table 125. Worksoft, Inc.: Product Portfolio
Table 126. Worksoft, Inc.: Net Sales
Table 127. Worksoft, Inc.: Key Stratergies
Table 128. Minit: Company Snapshot
Table 129. Minit: Operating Segments
Table 130. Minit: Product Portfolio
Table 131. Minit: Net Sales
Table 132. Minit: Key Stratergies
Table 133. Monkey Mining Bv: Company Snapshot
Table 134. Monkey Mining Bv: Operating Segments
Table 135. Monkey Mining Bv: Product Portfolio
Table 136. Monkey Mining Bv: Net Sales
Table 137. Monkey Mining Bv: Key Stratergies
Table 138. Abbyy: Company Snapshot
Table 139. Abbyy: Operating Segments
Table 140. Abbyy: Product Portfolio
Table 141. Abbyy: Net Sales
Table 142. Abbyy: Key Stratergies
Table 143. Celonis: Company Snapshot
Table 144. Celonis: Operating Segments
Table 145. Celonis: Product Portfolio
Table 146. Celonis: Net Sales
Table 147. Celonis: Key Stratergies
Table 148. Fluxicon Bv: Company Snapshot
Table 149. Fluxicon Bv: Operating Segments
Table 150. Fluxicon Bv: Product Portfolio
Table 151. Fluxicon Bv: Net Sales
Table 152. Fluxicon Bv: Key Stratergies
Table 153. Icaro Tech: Company Snapshot
Table 154. Icaro Tech: Operating Segments
Table 155. Icaro Tech: Product Portfolio
Table 156. Icaro Tech: Net Sales
Table 157. Icaro Tech: Key Stratergies
Table 158. Kofax Inc.: Company Snapshot
Table 159. Kofax Inc.: Operating Segments
Table 160. Kofax Inc.: Product Portfolio
Table 161. Kofax Inc.: Net Sales
Table 162. Kofax Inc.: Key Stratergies
Table 163. Logpickr: Company Snapshot
Table 164. Logpickr: Operating Segments
Table 165. Logpickr: Product Portfolio
Table 166. Logpickr: Net Sales
Table 167. Logpickr: Key Stratergies
LIST OF FIGURES
Figure 1. Process Analytics Market Segmentation
Figure 2. Process Analytics Market, 2021-2031
Figure 3. Process Analytics Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Process Analytics Market:Drivers, Restraints and Opportunities
Figure 12. Process Analytics Market, by Process Mining Type, 2021 (%)
Figure 13. Comparative Share Analysis of Process Discovery Process Analytics Market, 2021-2031 (%)
Figure 14. Comparative Share Analysis of Process Conformance Process Analytics Market, 2021-2031 (%)
Figure 15. Comparative Share Analysis of Process Enhancement Process Analytics Market, 2021-2031 (%)
Figure 16. Process Analytics Market, by Deployment Mode, 2021 (%)
Figure 17. Comparative Share Analysis of on Premise Process Analytics Market, 2021-2031 (%)
Figure 18. Comparative Share Analysis of Cloud Process Analytics Market, 2021-2031 (%)
Figure 19. Process Analytics Market, by Organization Size, 2021 (%)
Figure 20. Comparative Share Analysis of Large Enterprises Process Analytics Market, 2021-2031 (%)
Figure 21. Comparative Share Analysis of Small and Medium Enterprises Process Analytics Market, 2021-2031 (%)
Figure 22. Process Analytics Market, by Application, 2021 (%)
Figure 23. Comparative Share Analysis of Business Process Process Analytics Market, 2021-2031 (%)
Figure 24. Comparative Share Analysis of Information Technology Process Process Analytics Market, 2021-2031 (%)
Figure 25. Comparative Share Analysis of Customer Interaction Process Analytics Market, 2021-2031 (%)
Figure 26. Process Analytics Market by Region, 2021
Figure 27. U.S. Process Analytics Market, 2021-2031 ($Million)
Figure 28. Canada Process Analytics Market, 2021-2031 ($Million)
Figure 29. U.K. Process Analytics Market, 2021-2031 ($Million)
Figure 30. Germany Process Analytics Market, 2021-2031 ($Million)
Figure 31. France Process Analytics Market, 2021-2031 ($Million)
Figure 32. Italy Process Analytics Market, 2021-2031 ($Million)
Figure 33. Spain Process Analytics Market, 2021-2031 ($Million)
Figure 34. Netherlands Process Analytics Market, 2021-2031 ($Million)
Figure 35. Rest of Europe Process Analytics Market, 2021-2031 ($Million)
Figure 36. China Process Analytics Market, 2021-2031 ($Million)
Figure 37. Japan Process Analytics Market, 2021-2031 ($Million)
Figure 38. South Korea Process Analytics Market, 2021-2031 ($Million)
Figure 39. Australia Process Analytics Market, 2021-2031 ($Million)
Figure 40. India Process Analytics Market, 2021-2031 ($Million)
Figure 41. Rest of Asia-Pacific Process Analytics Market, 2021-2031 ($Million)
Figure 42. Latin America Process Analytics Market, 2021-2031 ($Million)
Figure 43. Middle East Process Analytics Market, 2021-2031 ($Million)
Figure 44. Africa Process Analytics Market, 2021-2031 ($Million)
Figure 45. Top Winning Strategies, by Year
Figure 46. Top Winning Strategies, by Development
Figure 47. Top Winning Strategies, by Company
Figure 48. Product Mapping of Top 10 Players
Figure 49. Competitive Dashboard
Figure 50. Competitive Heatmap of Top 10 Key Players
Figure 51. Scheer GmbH.: Net Sales, ($Million)
Figure 52. Worksoft, Inc. Net Sales, ($Million)
Figure 53. Minit.: Net Sales, ($Million)
Figure 54. Monkey Mining Bv.: Net Sales, ($Million)
Figure 55. Abbyy.: Net Sales, ($Million)
Figure 56. Celonis.: Net Sales, ($Million)
Figure 57. Fluxicon Bv.: Net Sales, ($Million)
Figure 58. Icaro Tech.: Net Sales, ($Million)
Figure 59. Kofax Inc. Net Sales, ($Million)
Figure 60. Logpickr.: Net Sales, ($Million)

Executive Summary

According to this report titled, 'Process Analytics Market,' the process analytics market was valued at $469.86 million in 2021, and is estimated to reach $18.6 billion by 2031, growing at a CAGR of 44.6% from 2022 to 2031.

Process analytics is a type of system that helps in analyzing and controlling the manufacturing processes. It also measures critical quality parameters and performance attributes of raw and in-process materials. In addition, it enables in-process data to be used for assessing the quality of a batch during manufacture, significantly reduces the need for finished product testing, and as a result, improves lead times. Furthermore, digital transformation is empowering users’ awareness for analyzing and understanding business processes and increase in adoption of algorithmic business are the significant growth opportunities for the future prospects of process analytics market forecast. In addition, rise in implementation of task-level automation is positively impacting the growth of the process analytics market. However, competition from open-source alternatives is hampering the demand for commercial solutions and lack of skills and expertise limit the market growth. On the contrary, the need to focus on enhancing the customer experience is expected to offer remunerative opportunities for expansion of the process analytics industry during the forecast period.
  • On the basis of organization size, the large enterprises segment dominated the overall process analytics market in 2021, and is expected to continue this trend during the forecast period. This is attributed to process analytics solutions enabling enterprises to monitor and regulate complex business and Information Technology (IT) processes. However, small and medium size enterprise segment is expected to witness highest growth as various SMEs industries from different domains have been trying to build process system infrastructures that are more dynamic, agile, and cost-efficient, which is expected to further fuel the growth of the global process analytics industry.
Region wise, the process analytics market was dominated by North America in 2021, and is expected to retain its position during the forecast period, owing to rapidly growing digital landscape of the region and rise in initial adoption of advanced process analytics technology by the manufacturing enterprises. However, owing to its growing adoption of process analytics in manufacturing and IT & telecom sector across the developing countries in this region, is anticipated to drive the industry growth for the processing analytics market in Asia-Pacific region.

The spread of COVID-19 has been disrupting the world, businesses, and economies and has impacted the way of living of the masses and approaches adopted by enterprises for business management. The ability of enterprises to sustain this pandemic has become challenging for them as they are shifting focus from growth opportunities and concentrate on implementing measures to mitigate the
IMPACT OF COVID-19. The upcoming analytics projects are kept on hold owing to the pandemic. Several companies are competing with each other to gain a process analytical solution to adopt the process analytics. Businesses have already started efforts to return to their fully operating conditions and are facing multiple challenges in terms of enhancing the process, due to impact of the pandemic on customer base and operations. Therefore, companies are looking forward to update their manufacturing process by implementing process analytics.

Key findings of the Study

  • By process mining type, the process discovery segment accounted for the largest process analytics market share in 2021.
  • By region, North America generated highest revenue in 2021.
  • By organization size, the large enterprise segment generated the highest revenue in 2021.
The key players profiled in the process analytics market analysis are Celonis, Fluxicon BV, Icaro Tech, Kofax Inc., Logpickr, Scheer GmbH, Worksoft, Inc., Minit, Monkey Mining BV, and ABBYY. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Companies Mentioned

  • Scheer Gmbh
  • Worksoft, Inc.
  • Minit
  • Monkey Mining BV
  • ABBYY
  • Celonis
  • Fluxicon BV
  • Icaro Tech
  • Kofax Inc.
  • Logpickr

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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