Process Mining Market

Process Mining Market Share Soars: Unveiling the Growth Drivers

 The global process mining market is expected to grow at a compound annual growth rate (CAGR) of 45.6%, from an anticipated USD 1.8 billion in 2023 to USD 12.1 billion by 2028 Over the course of the projection period

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Here's a breakdown of the key growth factors for the Process Mining market:

Rising Demand for Operational Efficiency: Businesses are constantly seeking ways to improve efficiency and streamline operations. Process mining provides valuable insights into how processes actually function, allowing businesses to identify bottlenecks, eliminate redundancies, and optimize workflows

Growing Adoption of Digital Transformation Initiatives: Digital transformation initiatives often involve the automation and optimization of business processes. Process mining serves as a critical tool for analyzing existing processes, identifying areas for improvement, and measuring the effectiveness of digital transformation efforts

Increasing Regulatory Compliance Requirements: Businesses face a growing number of complex regulations. Process mining can help ensure compliance by identifying deviations from established procedures and highlighting potential risk areas

Enhanced Focus on Data-Driven Decision Making: Businesses are increasingly recognizing the importance of data-driven decision making. Process mining provides data-rich insights into process performance, enabling businesses to make informed decisions about process optimization and improvement strategies

Integration with Robotic Process Automation (RPA): Process mining can be used to identify processes ripe for automation with RPA, while RPA can streamline data collection for process mining analysis. This synergy creates a powerful combination for process optimization

Technological Advancements: Advancements in artificial intelligence (AI), machine learning, and cloud computing are significantly enhancing process mining capabilities. AI can automate process discovery and analysis, while cloud-based solutions offer scalability and accessibility for businesses of all sizes

Growing Awareness of Process Mining Benefits: The market is witnessing a growing awareness of the benefits of process mining. As more success stories emerge, and businesses recognize the potential return on investment (ROI), adoption rates are expected to climb

Focus on Customer Experience: Process mining can be used to analyze customer journeys and identify areas for improvement. This helps businesses optimize customer touchpoints and enhance overall customer experience

Accessibility Through Cloud-Based Solutions: Cloud-based process mining solutions offer lower upfront costs and easier deployment compared to traditional on-premise systems. This is making process mining more accessible to a wider range of businesses

Evolving Regulatory Landscape for Data Privacy: As data privacy regulations evolve, process mining vendors are developing solutions that ensure compliance with these regulations, mitigating concerns for businesses wary of data security risks

These factors, coupled with the growing need for process optimization and data-driven insights, are creating a positive outlook for the Process Mining market in the years to come.

Here is the market share and key offerings for companies in the Process Mining Market:

  • IBM
  • Celonis
  • UiPath
  • Software AG
  • SAP Signavio
  • Pegasystems
  • Kofax
  • QPR Software


  • Market Share: IBM is a major player in the process mining market, leveraging its strong presence in AI and data analytics.
  • Key Offering: IBM offers IBM Process Mining, which integrates advanced analytics and machine learning to help organizations visualize and optimize their business processes. It provides comprehensive solutions for process discovery, analysis, and optimization


  • Market Share: ABBYY holds a significant position in the market, recognized for its intelligent document processing capabilities.
  • Key Offering: ABBYY Timeline is the company’s primary process mining tool, offering deep insights into business processes through advanced analytics and AI-driven capabilities to identify inefficiencies and opportunities for automation

Celonis (US):

  • Market Share: Celonis is a leading player, often cited as a pioneer in the process mining field.
  • Key Offering: Celonis provides a robust process mining platform that includes features for process discovery, conformance checking, and enhancement. Their Execution Management System (EMS) helps businesses optimize their processes and improve operational efficiency

UiPath (US):

  • Market Share: UiPath is a key player in the process mining market, known for its integration with robotic process automation (RPA).
  • Key Offering: UiPath Process Mining provides end-to-end process insights and automation capabilities, enabling organizations to discover, analyze, and improve their processes efficiently. It seamlessly integrates with UiPath’s RPA solutions

Software AG (Germany):

  • Market Share: Software AG is a prominent European player with a strong presence in the process mining market.
  • Key Offering: Software AG’s ARIS Process Mining platform offers comprehensive tools for process analysis, improvement, and automation, helping organizations optimize their business processes and achieve better efficiency

SAP Signavio (Germany):

  • Market Share: SAP Signavio holds a significant share, especially following its acquisition by SAP.
  • Key Offering: SAP Signavio Process Transformation Suite includes process mining capabilities that help businesses discover, analyze, and optimize their processes in real-time. It integrates with SAP’s broader suite of business solutions

Pegasystems (US):

  • Market Share: Pegasystems is recognized for its strong market presence and innovative solutions.
  • Key Offering: Pegasystems offers Pega Process Mining, which integrates AI and process mining to identify inefficiencies and optimize workflows. The platform supports end-to-end process improvement within the Pega ecosystem

Kofax (US):

  • Market Share: Kofax is a notable player in the process mining market with a focus on intelligent automation.
  • Key Offering: Kofax Process Intelligence combines process mining with automation capabilities, enabling organizations to visualize, analyze, and optimize their business processes for improved performance and efficiency

QPR Software (Finland):

  • Market Share: QPR Software has a substantial presence, particularly in Europe.
  • Key Offering: QPR ProcessAnalyzer is QPR’s flagship process mining tool, providing comprehensive capabilities for process discovery, monitoring, and optimization, aimed at enhancing organizational efficiency and compliance

Related Reports:

Process Mining Market by Offering (Software (Process Discovery Tools, Conformance Checking Tools), Services), Mining Algorithm (Deep Learning, Sequence Analysis), Data Source (ERP Systems, CRM Systems), Vertical and Region - Global Forecast to 2028

Process Mining Market Size,  Share & Growth Report
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TC 8819
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