Status : Published Published On : Jun, 2023 Report Code : VRICT5017 Industry : ICT & Media Available Format :
2025
2030

Global Process Analytics Market – Analysis and Forecast (2025 – 2030)

Industry Insights by Process Mining Type (Process Conformance, Process Discovery, and Process Enhancement), by Deployment Type (On-Premise and Cloud), by Organization Size (Large Enterprises, and Small and Medium Enterprises), by Application (Information Technology Process, Business Process and Customer Interaction)

Industry Overview

The global process analytics market is expected to witness significant growth at current market size in 2023 is USD 2.8 billion and expected to reach USD 11.7 in 2030 billion during the forecast period 2025-30. The growth CAGR 12% of this market is attributed towards increased adoption of digital transformation among various business enterprises and rapid adherence of task level mechanization across the globe.

Process Analytics  Market Highlights

The Process Analytics Market refers to the market for tools and solutions that enable organizations to analyze and optimize their business processes. It involves the use of advanced analytics techniques to gain insights into how processes are functioning, identify bottlenecks or inefficiencies, and make data-driven decisions for process improvement.

Process analytics solutions typically involve the collection, integration, and analysis of data from various sources, such as enterprise systems, log files, sensors, and other process-related data. These solutions utilize techniques such as data mining, process mining, predictive analytics, and machine learning to uncover patterns, anomalies, and opportunities for optimization.

Process analytics undertakes procedural breakdown of process of an enterprise that helps in conveying effective inputs, operations and outcomes at every single stage. This technique further provides clear understanding regarding effective operation of process and in determining prospective targets for process enhancement through removal of wastage and increment in efficiency. These benefits and features are thereby amplifying the growth of process analytics industry across the globe.

Market Segmentation

Insight by Process Mining Type

On the basis of process mining type, the process analytics market is segmented into process conformance, process discovery and process enhancement. Among all these segments, process conformance is expected to witness highest growth during the forecast period. In this segment, the data mining software is utilized for the authorizations of process conformance and event logs are patterned against perspective processes. Moreover, with the help of process conformance non-conformities among various business process models and ideal processes can be further analyzed and any deviations can be rectified.

Insight by Deployment Type

On the basis of deployment type, the process analytics market is segmented into on-premises and cloud. Among these two segments, cloud deployment is expected to witness faster growth during the forecast period. Since, organizations are rapidly adopting cloud deployment in order to enable privacy, integration of various cloud applications, and to meet the legal compliances. Moreover, cloud deployment helps the business enterprises in managing cost and thereby helps in improving business agility of an organization.

Insight by Organization Size

On the basis of organization size, the process analytics market is segmented into large enterprises and small and medium enterprises. Among these two segments, large enterprises contribute larger revenue to the market globally, and is further expected to witness significant growth during the forecast period since the technology is enabling business enterprises to control and monitor complex processes of an enterprise.

Insight by Application

On the basis of application, the process analytics market is segmented into information technology process, business process and customer interaction. Among these segments, business process segment is expected to contribute largest revenue to the global market and is further expected to witness high growth during the forecast period. Moreover, the customer interaction segment is expected to witness fastest growth during the forecast period since it helps in identifying purchasing patterns of the consumers across the globe.

Global Process Analytics Market Report Coverage

Report Metric

Details

Historical Period

2018 - 2023

Base Year Considered

2024

Forecast Period

2025 - 2030

Market Size in 2023

U.S.D.  2.8 Billion

Revenue Forecast in 2030

U.S.D.  11.7 Billion

Growth Rate

12%%

Segments Covered in the Report

By Process Mining Type, By Deployment Type, By Organization Size, and By Application

Report Scope

Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling

Regions Covered in the Report

North America, Europe, Asia-Pacific, Middle East, and Rest of the World

Industry Dynamics

Trends

Increasing demand of data analytics among process manufacturing organizations is the key trend observed in the process analytics market, globally. The technology is helping the business organizations in recognizing key strength and weakness in business operations that help them in taking informed and effective decisions.

Growth Drivers

The major factor that is driving the growth of global market include employment of digital transformation that is enhancing awareness among the users helping them to understand and analyze business operations. Furthermore, it has been observed that association between enterprise resource planning (ERP) vendors and increasing adoption of task level automation are other factors pertaining towards the growth of the process analytics market, globally.

Challenges

Increasing competition from open-source alternatives is hindering the growth and demand of commercial solutions across the globe. Additionally, lack of skills and expertise in operating these techniques along with increased competition achieved from open-source options is expected to further hinder the growth of the process analytics market worldwide.

Industry Ecosystem

Globally, industry players are leveraging market growth through new product development, mergers & acquisitions, partnerships, increased investments and technological upgradation that is helping them to increase their market share and to expand geographically.

Geographic Overview

Geographically, process analytics market in Europe generate the largest revenue and is further anticipated to witness high growth during the forecast period. The growth of process analytics market in this region is attributed to the development of latest process analytics technology among various large enterprises. Furthermore, among various countries the Netherlands and Germany are the major leaders in Europe. The key players operating in this region are adopting this technology in prevailing their analytics portfolio that enables speedy and efficient operations in order to gain competitive advantage. Process analytics is helping the organizations in Europe to classify unexplored trends and arrangements that helps them in becoming technologically effective.

Global Process Analytics Market, By Region
GLOBAL DIGITAL SIGNATURE MARKET, BY REGION

Competitive Insight

The key players offering their solution in the the process analytics market include Celonis, Kofax, Fluxicon, Minit, Icaro Tech, Lana Labs, Logpickr, Process Mining Group, Software AG, Fujitsu, CA Technologies, Process Analytics Factory, StereoLOGIC, Intellera Monkey Mining, QPR Software, TimelinePI, Scheer, Cognitive Technology, Signavio, and ProcessGold.

The Process Analytics Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

  • By Process Mining Type
    • Process Conformance
    • Process Discovery
    • Process Enhancement
  • By Deployment Type
    • On-premises
    • Cloud
  • By Organization Size
    • Large Enterprises
    • Small Enterprises
    • Medium Enterprises
  • By Application
    • Information Technology Process
    • Business Process
    • Customer Interaction

Region Covered in the Report

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World (RoW)
    • Brazil
    • Saudi Arabia
    • South Africa
    • U.A.E.
    • Other Countries

Process Analytics Market Size and Market Analysis

Source: VynZ Research

Frequently Asked Questions

Globally, industry players are leveraging market growth through new product development, mergers & acquisitions, partnerships, increased investments and technological upgradation that is helping them to increase their market share and to expand geographically.
The major factor that is driving the growth of global market include employment of digital transformation that is enhancing awareness among the users helping them to understand and analyze business operations.
The key players offering their solution in the the process analytics market include Celonis, Kofax, Fluxicon, Minit, Icaro Tech, Lana Labs, Logpickr, Process Mining Group, Software AG.
Increasing demand of data analytics among process manufacturing organizations is the key trend observed in the process analytics market, globally.
On the basis of application, the process analytics market is segmented into information technology process, business process and customer interaction.

Place an order

Research Methodology

  •  Desk Research / Pilot Interviews
  •  Build Market Size Model
  •  Research and Analysis
  •  Final Deliverabvle

CONNECT WITH OUR SALES TEAM