The global Cloud Workflow Market is expected to reach a CAGR of 20.62% with a market size of around USD 9.8 billion by 2028. Cloud Workflow Market is witnessing growth due to the rising adoption of cloud-based workflow among SME’s
To focus on business processes and streamlining workflows has increased due to which the cloud-based workflows market is growing. Also, businesses are now focusing on digital transformation and artificial intelligence technology due to which opportunity for the cloud workflow market has increased drastically. Most of the SME’s are adopting cloud-based technology due to which there has been a rise in the adoption of the technology across the companies.
It helps businesses in various functionalities such as efficiency, performance, real-time visibility. With the rising competition and regulations across the globe, the organization is looking after the improved solutions which will help them pace up with growing regulations. The rising cloud workflow solutions have helped companies in higher efficiency as compared to traditional methods.
The Cloud Workflow Market is categorized into North America, Europe, APAC, Middle East & Africa, and Latin America. North America is has dominated the market in the Cloud Workflow due to the presence of major companies in this region providing these services.
Some of the players in the Cloud Workflow Market are SAP, IBM, Pega, Microsoft, Appian, Microfocus, and many more in the market.
Segment Overview of Cloud Workflow Market
Type Overview, 2018-2028 (USD Billion)
- System Integration
Business Workflow Overview, 2018 – 2028 (USD Billion)
- Accounting and Finance
- Sales and Marketing
- Customer Service and Support
- Procurement and Supply Chain Management
- Others (legal and R&D)
Vertical Overview, 2018-2028 (USD Billion)
- Telecom & IT
- Retail and Consumer Goods
- Government & Utilities
Enterprise Size Overview, 2018-2028 (USD Billion)
- Small and Medium Enterprises
- Large Enterprises
Regional Overview, 2018-2028 (USD Billion)
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia-Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
• South America
o Rest of Latin America