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Global Business Process Documentation Tools Market by Type (Cloud Based, On-premises), By Application (SMEs, Large Enterprises) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: SS-7454
  • Author: Up Market Research
  • Rating: 5.0
  • Total Reviews: 95
  • No. Of Pages: 201
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  • Pub. Date: 2021-04-04
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The Global Business Process Documentation Tools Market size is projected to grow from USD 1.4 billion in 2021 to USD X.X billion by 2028, at a CAGR of 8.1%. The growth is primarily driven by the increased demand for cloud-based solutions and the growing adoption of business process documentation tools among SMEs as well as large enterprises across various regions.



Business process documentation tools are software that enables users to create, share and manage business processes. The tool also helps in documenting, designing, and carrying out various processes using these documents. They help businesses improve the quality of their products or services through improved efficiency by standardizing workflows across departments within an organization. Businesses can eliminate errors while executing a process using business process documentation tools. They can also track the efficiency of each product and carry out a number of tasks like documenting, designing, and managing all processes at one place with ease which in turn reduces the time taken to complete these tasks by several hours or days.



On the basis of Type, the global business process documentation tools market is segmented into Cloud-Based and On-premises.



Cloud-Based:

Cloud-based business process documentation tools are software services that can be accessed from any device with an Internet connection. They allow users to create, edit and share documents in real-time using collaborative features. The Cloud-Based segment is further classified into SaaS, PaaS & IaaS. SaaS-based business process documentation tools are accessible anywhere, anytime. They can be accessed through a browser or any mobile device so one can carry the work with them. Since the data is stored in the cloud, all of it will never get lost even if there's an issue with one device. If other devices have cloud access, the data is easily accessible. PaaS-Based business process documentation tools are those which run on a cloud platform. This means that the service provider allows the user to use their software as a web application, and access it from any device with an internet connection. IaaS-Based business process documentation tools enable businesses to create, share and manage their processes in the cloud.



On-Premises:

On-premises business process documentation tools refer to software that is installed on the computers of a company's employees. It facilitates communication and collaboration between its users. Traditional On-premises business process documentation tools are installed on the device by IT teams. They need to be configured and maintained manually. On-premises business process documentation tools are less expensive than cloud-based solutions. On-premises processes can be used for local data storage and processing.



On the basis of Application, the global business process documentation tools market is segmented into Small and Medium Enterprises (SMEs) & Large Enterprises.



On the basis of Region, the global business process documentation tools market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Among these, North America is expected to dominate the global business process documentation tools market throughout 2022-2028. The increasing demand for automation and robustness in various business processes have increased the penetration of BPDs across SMEs as well as large enterprises.

In the Latin American region, for SMEs and Large Enterprises business process documentation tools have been gaining a lot of popularity in recent years. The region has been witnessing an increased adoption rate among businesses due to rapid urbanization and digitization activities across different verticals such as banking & financial services, healthcare & life sciences, retail & consumer goods, and others.

The market size of business process documentation tools in Europe is expected to grow at a CAGR of 14.60% during the period 2017-2021. The Asia Pacific market is expected to be one of the leading markets for business process documentation tools, and it is projected to grow at a CAGR of over 13% during the forecast period. The growth in this region can mainly be attributed to factors such as a rapid increase in adoption rate across small and medium-sized enterprises (SMEs) and the growing need for efficiency and optimum utilization of resources.



Growth Factors For The Global Business Process Documentation Tools Market:

The global business process documentation tools market is anticipated to expand at a substantial CAGR for the forecast period. The growing adoption of cloud-based BPMs across various industry verticals and increasing demand from small & medium enterprises (SMEs) are some of the primary factors expected to drive growth in this market over the next few years. The rapid increase in demand for data storage solutions, including big data and analytics is another factor that drives the global business process documentation tools market.



Up Market Research published a new report titled “Business Process Documentation Tools Market research report which is segmented by Types (Cloud Based, On-premises), By Applications (SMEs, Large Enterprises), By Players/Companies Bit.ai, Pellio, Atlassian Confluence, Lucidchart, Heflo, Stepshot, Trello, Podio, Basecamp, Wrike, Eversign, Integrify, Google, Evernote, Microsoft”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

 

Report Scope

Report Attributes Report Details
Report Title Business Process Documentation Tools Market Research Report
By Type Cloud Based, On-premises
By Application SMEs, Large Enterprises
By Companies Bit.ai, Pellio, Atlassian Confluence, Lucidchart, Heflo, Stepshot, Trello, Podio, Basecamp, Wrike, Eversign, Integrify, Google, Evernote, Microsoft
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 201
Number of Tables & Figures 141
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Business Process Documentation Tools Industry Outlook
 

Global Business Process Documentation Tools Market Report Segments:

The market is segmented by Type Cloud Based, On-premises and By Application SMEs, Large Enterprises.

 

Some of the companies that are profiled in this report are:

  1. Bit.ai
  2. Pellio
  3. Atlassian Confluence
  4. Lucidchart
  5. Heflo
  6. Stepshot
  7. Trello
  8. Podio
  9. Basecamp
  10. Wrike
  11. Eversign
  12. Integrify
  13. Google
  14. Evernote
  15. Microsoft
 

Business Process Documentation Tools Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Business Process Documentation Tools Market
 

Overview of the regional outlook of the Business Process Documentation Tools Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Business Process Documentation Tools Market Overview
 

Highlights of The Business Process Documentation Tools Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Business Process Documentation Tools Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Cloud Based

                2. On-premises

       7. By Application:

                1. SMEs

                2. Large Enterprises

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Business Process Documentation Tools Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Business Process Documentation Tools Market Statistics
 

Reasons to Purchase the Business Process Documentation Tools Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Business Process Documentation Tools Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Business Process Documentation Tools Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Business Process Documentation Tools Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Business Process Documentation Tools Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Business Process Documentation Tools Market Size & Forecast, 2018-2028 
      4.5.1 Business Process Documentation Tools Market Size and Y-o-Y Growth 
      4.5.2 Business Process Documentation Tools Market Absolute $ Opportunity 


Chapter 5 Global Business Process Documentation Tools Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Business Process Documentation Tools Market Size Forecast by Type
      5.2.1 Cloud Based
      5.2.2 On-premises
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Business Process Documentation Tools Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Business Process Documentation Tools Market Size Forecast by Applications
      6.2.1 SMEs
      6.2.2 Large Enterprises
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Business Process Documentation Tools Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Business Process Documentation Tools Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Business Process Documentation Tools Analysis and Forecast
   9.1 Introduction
   9.2 North America Business Process Documentation Tools Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Business Process Documentation Tools Market Size Forecast by Type
      9.6.1 Cloud Based
      9.6.2 On-premises
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Business Process Documentation Tools Market Size Forecast by Applications
      9.10.1 SMEs
      9.10.2 Large Enterprises
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Business Process Documentation Tools Analysis and Forecast
   10.1 Introduction
   10.2 Europe Business Process Documentation Tools Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Business Process Documentation Tools Market Size Forecast by Type
      10.6.1 Cloud Based
      10.6.2 On-premises
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Business Process Documentation Tools Market Size Forecast by Applications
      10.10.1 SMEs
      10.10.2 Large Enterprises
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Business Process Documentation Tools Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Business Process Documentation Tools Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Business Process Documentation Tools Market Size Forecast by Type
      11.6.1 Cloud Based
      11.6.2 On-premises
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Business Process Documentation Tools Market Size Forecast by Applications
      11.10.1 SMEs
      11.10.2 Large Enterprises
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Business Process Documentation Tools Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Business Process Documentation Tools Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Business Process Documentation Tools Market Size Forecast by Type
      12.6.1 Cloud Based
      12.6.2 On-premises
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Business Process Documentation Tools Market Size Forecast by Applications
      12.10.1 SMEs
      12.10.2 Large Enterprises
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Business Process Documentation Tools Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Business Process Documentation Tools Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Business Process Documentation Tools Market Size Forecast by Type
      13.6.1 Cloud Based
      13.6.2 On-premises
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Business Process Documentation Tools Market Size Forecast by Applications
      13.10.1 SMEs
      13.10.2 Large Enterprises
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Business Process Documentation Tools Market: Competitive Dashboard
   14.2 Global Business Process Documentation Tools Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Bit.ai
      14.3.2 Pellio
      14.3.3 Atlassian Confluence
      14.3.4 Lucidchart
      14.3.5 Heflo
      14.3.6 Stepshot
      14.3.7 Trello
      14.3.8 Podio
      14.3.9 Basecamp
      14.3.10 Wrike
      14.3.11 Eversign
      14.3.12 Integrify
      14.3.13 Google
      14.3.14 Evernote
      14.3.15 Microsoft
Segments Covered in the Report
The global Business Process Documentation Tools market has been segmented based on

By Types
  • Cloud Based
  • On-premises
By Applications
  • SMEs
  • Large Enterprises
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Bit.ai
  • Pellio
  • Atlassian Confluence
  • Lucidchart
  • Heflo
  • Stepshot
  • Trello
  • Podio
  • Basecamp
  • Wrike
  • Eversign
  • Integrify
  • Google
  • Evernote
  • Microsoft

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