The Worldwide Workflow Automation Industry is Projected to Reach $34.7 Billion by 2027


Dublin, June 20, 2022 (GLOBE NEWSWIRE) -- The "Global Workflow Automation Market (2022-2027) by Offering, Process, Operation, Deployment, Organization Size, Large Enterprises and SMES, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to's offering.

The Global Workflow Automation Market is estimated to be USD 13.32 Bn in 2022 and is projected to reach USD 34.75 Bn by 2027, growing at a CAGR of 21.14%.

Market dynamics are forces that impact the prices and behaviors of the Global Workflow Automation Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are AllyO, Appian, Comindware Tracker, Exact, Gravity Flow, IBM Corp, Integrify, IPsoft Inc, Ipsoft Inc, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Workflow Automation Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Workflow Automation Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Workflow Automation Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics
4.1 Drivers
4.1.1 Ease in Business Processes with the Installation of Workflow Automation Tools
4.1.2 Convergence of Workflow Automation with Traditional Business Processes
4.1.3 Focus on Streamlining Business Processes
4.1.4 Cost Efficiency Through Workflow Automation
4.2 Restraints
4.2.1 Data Insecurity Hindering the Implementation of Workflow Automation in the Financial Sector
4.3 Opportunities
4.3.1 Integration of New Technologies with Workflow Automation
4.3.2 High Demand for Workflow Automation in the Logistics Industry
4.3.3 Increased Focus on Digital Transformation Initiatives
4.4 Challenges
4.4.1 Lack of Awareness Regarding Workflow Automation
4.4.2 High Implementation Cost and Difficulty in Integrating New and Existing Systems Through Workflows

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Workflow Automation Market, By Offering
6.1 Introduction
6.2 Software
6.2.1 Model-Based Application
6.2.2 Process-Based Application
6.3 Services
6.3.1 Consulting
6.3.2 Integration and Development
6.3.3 Training

7 Global Workflow Automation Market, By Process
7.1 Introduction
7.2 Automated Solution
7.3 Decision Support & Management Solution
7.4 Interaction Solution

8 Global Workflow Automation Market, By Operation
8.1 Introduction
8.2 Rule Based
8.3 Knowledge Based
8.4 Robotic Process Automation Based

9 Global Workflow Automation Market, By Deployment
9.1 Introduction
9.2 Cloud
9.3 On-Premise

10 Global Workflow Automation Market, By Organization Size
10.1 Introduction
10.2 Large Enterprises
10.3 SMES

11 Global Workflow Automation Market, By Large Enterprises and SMES
11.1 BFSI
11.2 Telecom & IT Industry
11.3 Travel, Hospitality, & Transportation Industry
11.4 Retail & Consumer Goods
11.5 Manufacturing & Logistics Industry
11.6 Healthcare & Pharmaceuticals
11.7 Energy & Utilities
11.8 Other Industries

12 Americas' Global Workflow Automation Market
12.1 Introduction
12.2 Argentina
12.3 Brazil
12.4 Canada
12.5 Chile
12.6 Colombia
12.7 Mexico
12.8 Peru
12.9 United States
12.10 Rest of Americas

13 Europe's Global Workflow Automation Market
13.1 Introduction
13.2 Austria
13.3 Belgium
13.4 Denmark
13.5 Finland
13.6 France
13.7 Germany
13.8 Italy
13.9 Netherlands
13.10 Norway
13.11 Poland
13.12 Russia
13.13 Spain
13.14 Sweden
13.15 Switzerland
13.16 United Kingdom
13.17 Rest of Europe

14 Middle East and Africa's Global Workflow Automation Market
14.1 Introduction
14.2 Egypt
14.3 Israel
14.4 Qatar
14.5 Saudi Arabia
14.6 South Africa
14.7 United Arab Emirates
14.8 Rest of MEA

15 APAC's Global Workflow Automation Market
15.1 Introduction
15.2 Australia
15.3 Bangladesh
15.4 China
15.5 India
15.6 Indonesia
15.7 Japan
15.8 Malaysia
15.9 Philippines
15.10 Singapore
15.11 South Korea
15.12 Sri Lanka
15.13 Thailand
15.14 Taiwan
15.15 Rest of Asia-Pacific

16 Competitive Landscape
16.1 Competitive Quadrant
16.2 Market Share Analysis
16.3 Strategic Initiatives
16.3.1 M&A and Investments
16.3.2 Partnerships and Collaborations
16.3.3 Product Developments and Improvements

17 Company Profiles
17.1 AllyO
17.2 Appian
17.3 Comindware Tracker
17.4 Exact
17.5 Gravity Flow
17.6 IBM Corp
17.7 Integrify
17.8 IPsoft Inc
17.9 Ipsoft Inc
17.10 Kissflow
17.11 Newgen Software Technologies Ltd
17.12 Nintex Global Ltd
17.13 Nintex Inc
17.14 Opentext Corp
17.15 Oracle Corp
17.16 Pegasystems Inc
17.17 Pipefy Inc
17.18 Process Director
17.19 ProcessMaker
17.20 Software AG
17.21 TIBCO Software Inc
17.22 Trackvia
17.23 Uipath SRL
17.24 Workato
17.25 Xerox Corp
17.26 Zapier

18 Appendix

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Global Workflow Automation Market