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Business Process Management (BPM) Training Market size to grow at a CAGR of 12.77% from 2021 to 2026, Driven by the introduction of cloud-based deployment solutions - Technavio
[March 29, 2023]

Business Process Management (BPM) Training Market size to grow at a CAGR of 12.77% from 2021 to 2026, Driven by the introduction of cloud-based deployment solutions - Technavio


NEW YORK, March 29, 2023 /PRNewswire/ -- The global business process management (BPM) training market size is estimated to grow by USD 1.76 billion from 2021 to 2026, according to Technavio. The market is estimated to grow at a CAGR of 12.77% during the forecast period. A major factor driving the global business process management (BPM) training market growth is the introduction of cloud-based deployment solutions. Cloud-based solutions effectively deliver business agility and scalable IT infrastructure. This helps overcome the complexities of hardware, license management, and software. Hence, due to the growing demand for cloud-based solutions, vendors are launching cloud-based business management software. For instance, in October 2020, Oracle Corp. launched the Oracle Banking Virtual Account Management Cloud Service. This helps banks quickly deploy a wide range of banking services. Hence, such solutions help companies ensure business continuity by connecting sales, finance, service, and operations teams to help them transform faster and deliver better results, which will drive the BPM training market growth during the forecast period. For more insights on the forecast market size (2021 to 2026) - Request a sample report

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Business Process Management (BPM) Training Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on learning methods (online learning and blended learning), courses (corporate courses and general courses), and geography (North America, APAC, Europe, South America, and Middle East and Africa)

  • The market share growth by the online learning segment will be significant for the market growth during the forecast period. The growth can be attributed to the increase in penetration of the internet in both the developed and developing economies, along with the rise in the number of mobile phone users and the advent of the eLearning environment in these economies.

Geography Overview
 The report provides actionable insights and estimates the contribution of all regions to the growth of the global business process management (bpm) training market.

  • North America is estimated to account for 38% of the global market growth during the forecast period. The US is the key market for business process management (BPM) training in the region. Market growth in this region will be faster than the growth of the market in other regions. The significant growth in the number of SMBs in countries such as the US will facilitate the business process management (BPM) training market growth in North America over the forecast period.

Insights on the market contribution of various segments including country and region
wise, and forecast market size (2021 to 2026) - Download a Sample Report

Business Process Management (BPM) Training Market – Market Dynamics

Leading trends influencing the market 

The rapid adoption of advanced technologies such as hybrid cloud and AI for business management software is one of the key BPM training market trends. Organizations can design and implement the most efficient cloud model based on their requirements with the help of a hybrid cloud model. They need to manage multiple security platforms to ensure that various cloud service components communicate uninterruptedly while using a hybrid cloud. For instance, in November 2021, International Business Machines Corp. (IBM) completed the separation of its managed infrastructure services business to Kyndryl to sharpen its focus on hybrid cloud and AI.

Major challenges hindering the market growth

A major challenge that may impede the global business process management (BPM) training market growth is the emergence of free training courseware. For example, Alison provides a diploma certification in BPM. This is a course that covers key modules on the documentation of business processes, business intelligence, and system design, along with the implementation of knowledge management systems. Additionally, IBM also provides a list of free online self-paced virtual business process manager training paths that involve courses such as Basic skills for Business Process Managers, business process Managers, Active Pharmaceutical Ingredients connects, and other free courses. 

Drivers, trends, and challenges have an impact on market dynamics, which can impact
businesses. Find more insights in a sample report!

What are the key data covered in this Business Process Management (BPM) Training Market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the business process management (BPM) training market between 2022 and 2026
  • Precise estimation of the size of the business process management (BPM) training market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the business process management (BPM) training market across North America, APAC, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of business process management (BPM) training market vendors

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The business process management as a service (BPMaaS) market size is expected to increase by USD 19.56 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 28.01%. One of the major factors driving the BPMaaS market is the increasing demand for process automation. Automation has emerged as one of the key enablers for enterprises to digitalize their business processes.

The legal process outsourcing (LPO) services market is estimated to grow at a CAGR of 34.76% between 2022 and 2027. The size of the market is forecast to increase by USD 34,662.7 million. The emergence of new outsourcing destinations is a major factor driving the global LPO services market share growth.





Business Process Management (BPM) Training Market Scope

Report Coverage

Details

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 12.77%

Market growth 2022-2026

USD 1.76 billion

Market structure

Fragmented

YoY growth 2021-2022 (%)

11.67

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key countries

US, China, India, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ABPMP, AIIM GmbH, Bizagi Group Ltd., BP Group, BPM Essentials, BPM Institute, BPTrends Associates, CEG Operating Co LLC., Educate 360 LLC, FutureLearn Ltd., House of Six Sigma, IMF Academy, International Business Machines Corp., NIIT Ltd., Q3edge Consulting Pvt Ltd., Smartsheet Inc., Springest, and The Object Management Group

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


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Table of Contents?? 

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Learning Method
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Courses
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 18: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Learning Method

  • 5.1 Market segments
    • Exhibit 25: Chart on Learning Method - Market share 2021-2026 (%)
    • Exhibit 26: Data Table on Learning Method - Market share 2021-2026 (%)
  • 5.2 Comparison by Learning Method 
    • Exhibit 27: Chart on Comparison by Learning Method
    • Exhibit 28: Data Table on Comparison by Learning Method
  • 5.3 Online learning - Market size and forecast 2021-2026 
    • Exhibit 29: Chart on Online learning - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Data Table on Online learning - Market size and forecast 2021-2026 ($ million)
    • Exhibit 31: Chart on Online learning - Year-over-year growth 2021-2026 (%)
    • Exhibit 32: Data Table on Online learning - Year-over-year growth 2021-2026 (%)
  • 5.4 Blended learning - Market size and forecast 2021-2026 
    • Exhibit 33: Chart on Blended learning - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Data Table on Blended learning - Market size and forecast 2021-2026 ($ million)
    • Exhibit 35: Chart on Blended learning - Year-over-year growth 2021-2026 (%)
    • Exhibit 36: Data Table on Blended learning - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Learning Method 
    • Exhibit 37: Market opportunity by Learning Method ($ million)

6 Market Segmentation by Courses

  • 6.1 Market segments
    • Exhibit 38: Chart on Courses - Market share 2021-2026 (%)
    • Exhibit 39: Data Table on Courses - Market share 2021-2026 (%)
  • 6.2 Comparison by Courses 
    • Exhibit 40: Chart on Comparison by Courses
    • Exhibit 41: Data Table on Comparison by Courses
  • 6.3 Corporate courses - Market size and forecast 2021-2026 
    • Exhibit 42: Chart on Corporate courses - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on Corporate courses - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on Corporate courses - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on Corporate courses - Year-over-year growth 2021-2026 (%)
  • 6.4 General courses - Market size and forecast 2021-2026 
    • Exhibit 46: Chart on General courses - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on General courses - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on General courses - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on General courses - Year-over-year growth 2021-2026 (%)
  • 6.5 Market opportunity by Courses 
    • Exhibit 50: Market opportunity by Courses ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview 
    • Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation 
    • Exhibit 52: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
  • 8.2 Geographic comparison 
    • Exhibit 54: Chart on Geographic comparison
    • Exhibit 55: Data Table on Geographic comparison
  • 8.3 North America - Market size and forecast 2021-2026 
    • Exhibit 56: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 57: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 58: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 59: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 8.4 APAC - Market size and forecast 2021-2026 
    • Exhibit 60: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 61: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 62: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 63: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 8.5 Europe - Market size and forecast 2021-2026 
    • Exhibit 64: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 65: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 66: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 67: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 8.6 South America - Market size and forecast 2021-2026 
    • Exhibit 68: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 69: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 70: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 71: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 8.7 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 8.8 US - Market size and forecast 2021-2026 
    • Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 8.9 UK - Market size and forecast 2021-2026 
    • Exhibit 80: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 81: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 82: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 83: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 8.10 China - Market size and forecast 2021-2026 
    • Exhibit 84: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 85: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 86: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 87: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 8.11 India - Market size and forecast 2021-2026 
    • Exhibit 88: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 89: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 90: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 91: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 8.12 Germany - Market size and forecast 2021-2026 
    • Exhibit 92: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 93: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 94: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 95: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 8.13 Market opportunity by geography 
    • Exhibit 96: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Impact of drivers and challenges 
    • Exhibit 97: Impact of drivers and challenges in 2021 and 2026
  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape
    • Exhibit 98: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption
    • Exhibit 99: Overview on factors of disruption
  • 10.4 Industry risks
    • Exhibit 100: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered
    • Exhibit 101: Vendors covered
  • 11.2 Market positioning of vendors 
    • Exhibit 102: Matrix on vendor position and classification
  • 11.3 AIIM GmbH
    • Exhibit 103: AIIM GmbH - Overview
    • Exhibit 104: AIIM GmbH - Key offerings
  • 11.4 Bizagi Group Ltd.
    • Exhibit 105: Bizagi Group Ltd. - Overview
    • Exhibit 106: Bizagi Group Ltd. - Product / Service
    • Exhibit 107: Bizagi Group Ltd. - Key offerings
  • 11.5 BP Group
    • Exhibit 108: BP Group - Overview
    • Exhibit 109: BP Group - Product / Service
    • Exhibit 110: BP Group - Key offerings
  • 11.6 BPTrends Associates
    • Exhibit 111: BPTrends Associates - Overview
    • Exhibit 112: BPTrends Associates - Product / Service
    • Exhibit 113: BPTrends Associates - Key offerings
  • 11.7 CEG Operating Co LLC. 
    • Exhibit 114: CEG Operating Co LLC. - Overview
    • Exhibit 115: CEG Operating Co LLC. - Product / Service
    • Exhibit 116: CEG Operating Co LLC. - Key offerings
  • 11.8 Educate 360 LLC
    • Exhibit 117: Educate 360 LLC - Overview
    • Exhibit 118: Educate 360 LLC - Product / Service
    • Exhibit 119: Educate 360 LLC - Key offerings
  • 11.9 FutureLearn Ltd.
    • Exhibit 120: FutureLearn Ltd. - Overview
    • Exhibit 121: FutureLearn Ltd. - Product / Service
    • Exhibit 122: FutureLearn Ltd. - Key offerings
  • 11.10 IMF Academy
    • Exhibit 123: IMF Academy - Overview
    • Exhibit 124: IMF Academy - Product / Service
    • Exhibit 125: IMF Academy - Key offerings
  • 11.11 NIIT Ltd.
    • Exhibit 126: NIIT Ltd. - Overview
    • Exhibit 127: NIIT Ltd. - Business segments
    • Exhibit 128: NIIT Ltd. - Key news
    • Exhibit 129: NIIT Ltd. - Key offerings
    • Exhibit 130: NIIT Ltd. - Segment focus
  • 11.12 The Object Management Group 
    • Exhibit 131: The Object Management Group - Overview
    • Exhibit 132: The Object Management Group - Product / Service
    • Exhibit 133: The Object Management Group - Key offerings

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Inclusions and exclusions checklist 
    • Exhibit 134: Inclusions checklist
    • Exhibit 135: Exclusions checklist
  • 12.3 Currency conversion rates for US$ 
    • Exhibit 136: Currency conversion rates for US$
  • 12.4 Research methodology
    • Exhibit 137: Research methodology
    • Exhibit 138: Validation techniques employed for market sizing
    • Exhibit 139: Information sources
  • 12.5 List of abbreviations 
    • Exhibit 140: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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