The State Of The Process Optimization Market

May 5th, 2022

Bernhard Schaffrik Principal Analyst

Renee Taylor-Huot Senior Researcher

Rob Koplowitz

With contributors:

Chris Gardner , Zachary Stone , Kara Hartig

Summary

The process optimization market, which consists of process mining, task mining, process modeling, and documentation, stands at $525 million in 2022. This market has traditionally served process improvement professionals but increasingly has become a feeder for process automation initiatives by providing objective insight into the efficiency and effectiveness of existing processes as well as powerful tools to collaboratively drive process reengineering. This document analyzes the market size, market drivers, and geographic and vertical penetration for the overall process optimization market.

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