Middle East & Africa Workflow Management System Market Size & Outlook
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MEA workflow management system market highlights
- The MEA workflow management system market generated a revenue of USD 664.6 million in 2023.
- The market is expected to grow at a CAGR of 32% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 664.6 million |
| Market revenue in 2030 | USD 4,643.4 million |
| Growth rate | 32% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Service |
| Key market players worldwide | Appian Corp A, Bizagi, International Business Machines Corp, Nintex, Oracle Corp, Pegasystems Inc, Software AG Registered Shares, Newgen Software Technologies, Xerox Holdings Corp, K2 Asset Management Holdings |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.7% of the global workflow management system market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 21,441.2 million by 2030.
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Workflow Management System Market Scope
Workflow Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| K2 Asset Management Holdings | View profile | 11-50 | Melbourne, Victoria, Australia, Oceania | https://www.k2am.com.au/ |
| Newgen Software Technologies | View profile | 1001-5000 | New Delhi, Delhi, India, Asia | http://www.newgensoft.com |
| Bizagi | View profile | 251-500 | London, England, United Kingdom, Europe | http://www.bizagi.com |
| Nintex | View profile | 251-500 | Bellevue, Washington, United States, North America | https://www.nintex.com/ |
| Software AG Registered Shares | View profile | 4775 | Uhlandstrasse 12, Darmstadt, HE, Germany, 64297 | https://www.softwareag.com |
| Pegasystems Inc | View profile | 5406 | One Main Street, Cambridge, MA, United States, 02142 | https://www.pega.com |
| Xerox Holdings Corp | View profile | 18700 | 201 Merritt 7, P.O. Box 4505, Norwalk, CT, United States, 06851-1056 | https://www.xerox.com |
| Appian Corp A | View profile | 2243 | 7950 Jones Branch Drive, McLean, VA, United States, 22102 | https://www.appian.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Middle East & Africa workflow management system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to workflow management system market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 63.83% in 2023. Horizon Databook has segmented the Middle East & Africa workflow management system market based on software, service covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of workflow management system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa workflow management system market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa workflow management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Workflow Management System Market Outlook Share, 2023 & 2030 (US$M)
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