Global Smart Process Application Market 2018-2022

Below are some of the key findings from this smart process application market analysis report

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Global smart process application (SPA) industry overview

Digital transformation in various sectors is driving the smart process application (SPA) market. Digital transformation in industry verticals such as BFSI and in the manufacturing sector helps enhance the efficiency of operations. The emergence of smart process application, IoT, and business intelligence has made supply chain analytics distribution and logistics systems easier. Smart process application aid supply chain managers in the end-to-end and real-time tracking of the activities undertaken during the shipment of assets. Also, smart process application such as advanced database management is used to digitalize the manufacturing sector and to support Industry 4.0 - consisting of technologies like IoT, cloud computing, big data, and analytics, augmented reality, 3D printing, and Web 2.0. The digital transformation in various sectors is will drive smart process application market growth at a CAGR of more than 15% during the forecast period.

Top smart process application companies covered in this market research report

The global smart process application market is fairly concentrated. The market is in the initial stage of growth phase and the competition is expected to become less intense by the end of the forecast period. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this smart process application market analysis report suggests strategies companies can follow and recommends key areas they should focus on, in order to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading companies including:

• Dell Technologies
• IBM
• JDA Software
• OpenText
• SAP
• Verint Systems

 Smart process application market segmentation based on end-users

• Manufacturing
• Healthcare
• BFSI
• Government
• Others

Manufacturing was the largest end-user of the global smart process application market in 2017. The market share of this segment will increase, and it will continue to dominate the market throughout the next five years.

Smart process application market segmentation based on region

• The Americas
• APAC
• EMEA

The Americas accounted for the largest smart process application market share in 2017. This region will remain the market leader for the next five years.

Key highlights of the global smart process application (SPA) market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the smart process application (SPA) market during the next five years
• Precise estimation of the global smart process application market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the smart process application industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of smart process application companies