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Smart Process Application (SPA) Market Worth $43.28 Billion by 2020
[April 16, 2015]

Smart Process Application (SPA) Market Worth $43.28 Billion by 2020


DALLAS, April 16, 2015 /PRNewswire/ --

According to a new market research report "Smart Process Application Market by Solution (ECM, BPM, Customer Experience Management, Business Intelligence and analytics, Enterprise Mobility) by Service, by Deployment Type, by Organization Size, by Verticals, by Region - Global Forecast to 2020", published by MarketsandMarkets, The Smart Process Application (SPA) Market is estimated to grow from $24.35 Billion in 2015 to $43.28 Billion in 2020. This represents a compound annual growth rate (CAGR) of 12.19% from 2015 to 2020.

Browse 63 market data Tables and 63 Figures spread through 176 Pages and in-depth TOC on "Smart Process Application Market"

http://www.marketsandmarkets.com/Market-Reports/smart-process-application-market-166492316.html

Early buyers will receive 10% customization on this report. 

MarketsandMarkets has broadly segmented the Smart Process Application (SPA) Market by deployment type: On-premises, and cloud; by type of solutions: enterprise content management, business process management, customer experience management, business intelligence and analytics, and enterprise mobility; by organization size: Small sized businesses, Medium sized businesses, Large enterprises; by verticals: Banking and Finance Services Insurance (BFSI), telecom and IT, Public sector, energy and utilities, media and entertainment, manufacturing, retail, healthcare, academia and education, transportation and logistics, and others; by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA) and Latin America (LA).

Major force driving this market will be increasing business agility, and technological advancements in ICT and mobile devices. The SME's across the globe will start investing in SPA projects in coming years as traditional business process is slowly getting replaced by atractive pricing offers such as monthly subscription, usage based pricing etc.



The Smart Process Application (SPA) Market is estimated to grow from $24.35 billion in 2015 to $43.28 billion in 2020. This represents a compound annual growth rate (CAGR) of 12.19% from 2015 to 2020. In terms of geographies, North America is expected to be the biggest market in terms of revenue contribution, while emerging economies like Asia-Pacific (APAC) and Middle East and Africa (MEA) is expected to experience increased market traction with high CAGR's, in the due course.

For more Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=166492316


Browse Related Reports

Business Process Management Market by Solutions (Process Modeling, Automation, Integration, Content & Document Management, and Monitoring & Optimization Management), by End User (SMBs, Enterprises & Large Enterprises) - Global Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/business-process-management-market-157890056.html

Customer Experience Management Market (VOC Analytics, Feedback Management, Web Analytics, Text Analytics, Speech Analytics) - Advanced Technologies, Touch Points, Adoption Trends, Market Size & Forecasts (2014 - 2019)
http://www.marketsandmarkets.com/Market-Reports/customer-experience-management-cem-market-543.html

About MarketsandMarkets

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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SOURCE MarketsandMarkets


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