The North America Process Analytics Market would witness market growth of 40.5% CAGR during the forecast period (2022-2028).
Process analytics is a subset of business intelligence that helps companies track and analyze their performance. It enables businesses to integrate numerous recordings of the same business unit, like customer interactions, business processes, and IT processes. It's also utilized to get a real-time, end-to-end view of a business process. It allows complex business problems to be seen. Users can utilize process analytics to correlate data from diverse data sources and on-board new data sources.
There are some instances of how process analytics can be used to improve processes in specific industries, such as pharmaceuticals. Pharma analytics can help pharmaceutical companies gain data-driven insights to improve drug development and production, risk management, and operational efficiency while remaining compliant with federal and industry regulations.
Many businesses have recently invested in process analytics procedure to automate and track their procedures. Process improvement is a natural step after process monitoring, most present systems do not give the tools to assist users with this phase. In this evaluation, the process addresses this problem by offering an aspect-oriented framework for analyzing the impact of business process changes using what-if scenarios based on the most optimal process redesign patterns within multiple options.
The application of process analytics solutions to organized laboratory automation creates new opportunities, including real-time-critical processes and system integration. The proposed strategy addresses the migration of workflow control responsibilities to life science specialist LESs, the streamlining of complex process modelings, and the elimination of several distinct interfaces between BPMSs and subsystems. Therefore, due to growing investment in improving business process within regional organizations, the regional process analytics market is expected to grow in the forecast period.
The US market dominated the North America Process Analytics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,320.1 million by 2028. The Canada market is exhibiting a CAGR of 43.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 42.5% during (2022 - 2028).
Based on Deployment Type, the market is segmented into On-premise, and Cloud. Based on Process Mining Type, the market is segmented into Process Discovery, Process Conformance and Process Enhancement. Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Application, the market is segmented into Business Process, Information Technology Process and Customer Interaction. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Process Analytics Market is Estimated to reach $5 Billion by 2028, at a CAGR of 42.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Minit j. s. a. (Microsoft Corporation), ABBYY Solutions Limited, Celonis GmbH, Worksoft, Inc. (Marlin Equity Partners), Scheer Gmbh (Scheer Group), Monkey Mining BV, Fluxicon BV, Icaro Tech, Kofax, Inc. (Thoma Bravo LLC) and Logpickr (iGrafx, LLC)
Scope of the Study
Market Segments Covered in the Report:
By Deployment Type
By Process Mining Type
- Process Discovery
- Process Conformance
- Process Enhancement
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Application
- Business Process
- Information Technology Process
- Customer Interaction
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Minit j. s. a. (Microsoft Corporation)
- ABBYY Solutions Limited
- Celonis GmbH
- Worksoft, Inc. (Marlin Equity Partners)
- Scheer Gmbh (Scheer Group)
- Monkey Mining BV
- Fluxicon BV
- Icaro Tech
- Kofax, Inc. (Thoma Bravo LLC)
- Logpickr (iGrafx, LLC)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Process Analytics Market, by Deployment Type
1.4.2 North America Process Analytics Market, by Process Mining Type
1.4.3 North America Process Analytics Market, by Organization Size
1.4.4 North America Process Analytics Market, by Application
1.4.5 North America Process Analytics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Acquisition and Mergers
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Sep – 2022, Jan) Leading Players
Chapter 4. North America Process Analytics Market by Deployment Type
4.1 North America On-premise Market by Country
4.2 North America Cloud Market by Country
Chapter 5. North America Process Analytics Market by Process Mining Type
5.1 North America Process Discovery Market by Country
5.2 North America Process Conformance Market by Country
5.3 North America Process Enhancement Market by Country
Chapter 6. North America Process Analytics Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium Enterprises Market by Country
Chapter 7. North America Process Analytics Market by Application
7.1 North America Business Process Market by Country
7.2 North America Information Technology Process Market by Country
7.3 North America Customer Interaction Market by Country
Chapter 8. North America Process Analytics Market by Country
8.1 US Process Analytics Market
8.1.1 US Process Analytics Market by Deployment Type
8.1.2 US Process Analytics Market by Process Mining Type
8.1.3 US Process Analytics Market by Organization Size
8.1.4 US Process Analytics Market by Application
8.2 Canada Process Analytics Market
8.2.1 Canada Process Analytics Market by Deployment Type
8.2.2 Canada Process Analytics Market by Process Mining Type
8.2.3 Canada Process Analytics Market by Organization Size
8.2.4 Canada Process Analytics Market by Application
8.3 Mexico Process Analytics Market
8.3.1 Mexico Process Analytics Market by Deployment Type
8.3.2 Mexico Process Analytics Market by Process Mining Type
8.3.3 Mexico Process Analytics Market by Organization Size
8.3.4 Mexico Process Analytics Market by Application
8.4 Rest of North America Process Analytics Market
8.4.1 Rest of North America Process Analytics Market by Deployment Type
8.4.2 Rest of North America Process Analytics Market by Process Mining Type
8.4.3 Rest of North America Process Analytics Market by Organization Size
8.4.4 Rest of North America Process Analytics Market by Application
Chapter 9. Company Profiles
9.1 Minit j. s. a. (Microsoft Corporation)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.2 ABBYY Solutions Limited
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Acquisition and Mergers:
9.2.2.2 Partnerships, Collaborations, and Agreements:
9.3 Celonis GmbH
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Partnerships, Collaborations, and Agreements:
9.3.2.2 Acquisition and Mergers:
9.4 Worksoft, Inc. (Marlin Equity Partners)
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Product Launches and Product Expansions:
9.4.2.2 Acquisition and Mergers:
9.5 Scheer Gmbh (Scheer Group)
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Partnerships, Collaborations, and Agreements:
9.6 Monkey Mining BV
9.6.1 Company Overview
9.7 Fluxion BV
9.7.1 Company Overview
9.8 Icaro Tech
9.8.1 Company Overview
9.9 Kofax, Inc. (Thoma Bravo LLC)
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Acquisition and Mergers:
9.10. Logpickr (iGrafx, LLC)
9.10.1 Company Overview
TABLE 1 North America Process Analytics Market, 2018 - 2021, USD Million
TABLE 2 North America Process Analytics Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Process Analytics Market
TABLE 4 Product Launches And Product Expansions– Process Analytics Market
TABLE 5 Acquisition and Mergers– Process Analytics Market
TABLE 6 North America Process Analytics Market by Deployment Type, 2018 - 2021, USD Million
TABLE 7 North America Process Analytics Market by Deployment Type, 2022 - 2028, USD Million
TABLE 8 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 9 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Process Analytics Market by Process Mining Type, 2018 - 2021, USD Million
TABLE 13 North America Process Analytics Market by Process Mining Type, 2022 - 2028, USD Million
TABLE 14 North America Process Discovery Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Process Discovery Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Process Conformance Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Process Conformance Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Process Enhancement Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Process Enhancement Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Process Analytics Market by Organization Size, 2018 - 2021, USD Million
TABLE 21 North America Process Analytics Market by Organization Size, 2022 - 2028, USD Million
TABLE 22 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Process Analytics Market by Application, 2018 - 2021, USD Million
TABLE 27 North America Process Analytics Market by Application, 2022 - 2028, USD Million
TABLE 28 North America Business Process Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Business Process Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Information Technology Process Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Information Technology Process Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Customer Interaction Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Customer Interaction Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Process Analytics Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Process Analytics Market by Country, 2022 - 2028, USD Million
TABLE 36 US Process Analytics Market, 2018 - 2021, USD Million
TABLE 37 US Process Analytics Market, 2022 - 2028, USD Million
TABLE 38 US Process Analytics Market by Deployment Type, 2018 - 2021, USD Million
TABLE 39 US Process Analytics Market by Deployment Type, 2022 - 2028, USD Million
TABLE 40 US Process Analytics Market by Process Mining Type, 2018 - 2021, USD Million
TABLE 41 US Process Analytics Market by Process Mining Type, 2022 - 2028, USD Million
TABLE 42 US Process Analytics Market by Organization Size, 2018 - 2021, USD Million
TABLE 43 US Process Analytics Market by Organization Size, 2022 - 2028, USD Million
TABLE 44 US Process Analytics Market by Application, 2018 - 2021, USD Million
TABLE 45 US Process Analytics Market by Application, 2022 - 2028, USD Million
TABLE 46 Canada Process Analytics Market, 2018 - 2021, USD Million
TABLE 47 Canada Process Analytics Market, 2022 - 2028, USD Million
TABLE 48 Canada Process Analytics Market by Deployment Type, 2018 - 2021, USD Million
TABLE 49 Canada Process Analytics Market by Deployment Type, 2022 - 2028, USD Million
TABLE 50 Canada Process Analytics Market by Process Mining Type, 2018 - 2021, USD Million
TABLE 51 Canada Process Analytics Market by Process Mining Type, 2022 - 2028, USD Million
TABLE 52 Canada Process Analytics Market by Organization Size, 2018 - 2021, USD Million
TABLE 53 Canada Process Analytics Market by Organization Size, 2022 - 2028, USD Million
TABLE 54 Canada Process Analytics Market by Application, 2018 - 2021, USD Million
TABLE 55 Canada Process Analytics Market by Application, 2022 - 2028, USD Million
TABLE 56 Mexico Process Analytics Market, 2018 - 2021, USD Million
TABLE 57 Mexico Process Analytics Market, 2022 - 2028, USD Million
TABLE 58 Mexico Process Analytics Market by Deployment Type, 2018 - 2021, USD Million
TABLE 59 Mexico Process Analytics Market by Deployment Type, 2022 - 2028, USD Million
TABLE 60 Mexico Process Analytics Market by Process Mining Type, 2018 - 2021, USD Million
TABLE 61 Mexico Process Analytics Market by Process Mining Type, 2022 - 2028, USD Million
TABLE 62 Mexico Process Analytics Market by Organization Size, 2018 - 2021, USD Million
TABLE 63 Mexico Process Analytics Market by Organization Size, 2022 - 2028, USD Million
TABLE 64 Mexico Process Analytics Market by Application, 2018 - 2021, USD Million
TABLE 65 Mexico Process Analytics Market by Application, 2022 - 2028, USD Million
TABLE 66 Rest of North America Process Analytics Market, 2018 - 2021, USD Million
TABLE 67 Rest of North America Process Analytics Market, 2022 - 2028, USD Million
TABLE 68 Rest of North America Process Analytics Market by Deployment Type, 2018 - 2021, USD Million
TABLE 69 Rest of North America Process Analytics Market by Deployment Type, 2022 - 2028, USD Million
TABLE 70 Rest of North America Process Analytics Market by Process Mining Type, 2018 - 2021, USD Million
TABLE 71 Rest of North America Process Analytics Market by Process Mining Type, 2022 - 2028, USD Million
TABLE 72 Rest of North America Process Analytics Market by Organization Size, 2018 - 2021, USD Million
TABLE 73 Rest of North America Process Analytics Market by Organization Size, 2022 - 2028, USD Million
TABLE 74 Rest of North America Process Analytics Market by Application, 2018 - 2021, USD Million
TABLE 75 Rest of North America Process Analytics Market by Application, 2022 - 2028, USD Million
TABLE 76 Key Information – Minit j. s. a.
TABLE 77 Key Information – ABBYY Solutions Limited
TABLE 78 key information – Celonis GmbH
TABLE 79 Key Information – Worksoft, Inc.
TABLE 80 Key Information – Scheer Gmbh
TABLE 81 Key Information – Monkey Mining BV
TABLE 82 Key Information – Fluxicon BV
TABLE 83 Key Information – Icaro Tech
TABLE 84 Key Information – Kofax, Inc.
TABLE 85 Key Information – Logpickr
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 3 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, sep – 2022, Jan) Leading Players
FIG 4 Recent strategies and developments: Minit j. s. a.
FIG 5 Recent strategies and developments: ABBYY Solutions Limited
FIG 6 Recent strategies and developments: Celonis GmbH
FIG 7 Recent strategies and developments: Worksoft, Inc.