Process Mining Software Market expected to grow at a significant rate throughout the forecast period
Process Mining Software Industry Overview The global process mining software market size is estimated to reach over USD 7.95 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 50.1% from 2021 to 2028. The increasing awareness about the need to understand and analyze business processes driven by digital transformation is one of the key factors driving market growth. Additionally, the constant increase in data volumes across industries is driving the demand for process mining software and services. Process Mining Software Market Segmentation Grand View Research has segmented the global process mining software market based on component, deployment, application, industry vertical, and region: Based on the Component Insights, the market is segmented into Software and Services The software segment dominated the market with a revenue share of over 60% in 2020 and is likely to maintain its position thro...