1	INTRODUCTION	48
1.1	STUDY OBJECTIVES	48
1.2	MARKET DEFINITION	48
1.3	STUDY SCOPE	49
1.3.1	MARKET SEGMENTATION	49
TABLE 1	PROCESS MINING MARKET: DETAILED SEGMENTATION	50
1.3.2	INCLUSIONS & EXCLUSIONS	53
1.3.3	REGIONS COVERED	54
1.4	YEARS CONSIDERED	55
1.5	CURRENCY CONSIDERED	55
TABLE 2	USD EXCHANGE RATES, 2018–2022	55
1.6	STAKEHOLDERS	56
1.7	IMPACT OF RECESSION	56
2	RESEARCH METHODOLOGY	57
2.1	RESEARCH DATA	57
FIGURE 1	RESEARCH DESIGN	57
2.1.1	SECONDARY DATA	58
2.1.2	PRIMARY DATA	58
TABLE 3	PRIMARY INTERVIEWS	58
2.1.2.1	Breakup of primary profiles	59
2.1.2.2	Key industry insights	59
2.2	MARKET BREAKUP AND DATA TRIANGULATION	60
FIGURE 2	DATA TRIANGULATION	60
2.3	MARKET SIZE ESTIMATION	61
FIGURE 3	PROCESS MINING MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES	61
2.3.1	TOP-DOWN APPROACH	61
2.3.2	BOTTOM-UP APPROACH	62
FIGURE 4	APPROACH 1 (SUPPLY-SIDE): REVENUE FROM SOLUTIONS/SERVICES OF PROCESS MINING VENDORS	62
FIGURE 5	APPROACH 2, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOFTWARE AND SERVICES OF PROCESS MINING VENDORS	63
FIGURE 6	APPROACH 3, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOFTWARE AND SERVICES OF PROCESS MINING VENDORS	64
FIGURE 7	APPROACH 4, BOTTOM-UP (DEMAND-SIDE): SHARE OF PROCESS MINING IN OVERALL INFORMATION TECHNOLOGY SPENDING	65
2.4	MARKET FORECAST	66
TABLE 4	FACTOR ANALYSIS	66
2.5	RESEARCH ASSUMPTIONS	67
2.6	LIMITATIONS AND RISK ASSESSMENT	68
2.7	IMPACT OF RECESSION ON PROCESS MINING MARKET	69
TABLE 5	IMPACT OF RECESSION ON GLOBAL PROCESS MINING MARKET	70
3	EXECUTIVE SUMMARY	71
TABLE 6	GLOBAL PROCESS MINING MARKET SIZE AND GROWTH RATE, 2018–2022 (USD MILLION, Y-O-Y %)	73
TABLE 7	GLOBAL PROCESS MINING MARKET SIZE AND GROWTH RATE, 2023–2028 (USD MILLION, Y-O-Y %)	73
FIGURE 8	SOFTWARE SEGMENT TO ACCOUNT FOR LARGER MARKET IN 2023	73
FIGURE 9	INTEGRATION & COLLABORATION TOOLS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD	74
FIGURE 10	PROFESSIONAL SERVICES TO DOMINATE MARKET IN 2023	74
FIGURE 11	TRAINING & CONSULTING SERVICES SEGMENT TO ACCOUNT FOR LARGER SHARE IN 2023	74
FIGURE 12	DISCOVERY ALGORITHMS SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2023	75
FIGURE 13	ERP SYSTEMS SEGMENT TO LEAD MARKET IN 2023	75
FIGURE 14	MANUFACTURING SEGMENT TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD	76
FIGURE 15	EUROPE TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD	76
4	PREMIUM INSIGHTS	77
4.1	ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PROCESS MINING MARKET	77
FIGURE 16	INCREASING NEED TO AUGMENT CONTINUOUS PROCESS IMPROVEMENT AND AGILITY TO DRIVE MARKET	77
4.2	PROCESS MINING MARKET: KEY MINING ALGORITHMS	78
FIGURE 17	DEEP LEARNING ALGORITHMS SEGMENT TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD	78
4.3	EUROPE: PROCESS MINING MARKET, BY OFFERING AND KEY VERTICAL	78
FIGURE 18	SOFTWARE AND BFSI SEGMENTS TO ACCOUNT FOR SIGNIFICANT SHARE IN 2023	78
4.4	PROCESS MINING MARKET: REGIONAL ANALYSIS	79
FIGURE 19	EUROPE TO ACCOUNT FOR LARGEST SHARE IN 2023	79
5	MARKET OVERVIEW AND INDUSTRY TRENDS	80
5.1	INTRODUCTION	80
5.2	MARKET DYNAMICS	80
FIGURE 20	PROCESS MINING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES	80
5.2.1	DRIVERS	81
5.2.1.1	Increasing complexity of business processes	81
5.2.1.2	Rising digital transformation	81
5.2.1.3	Growing need for process visibility and control	82
5.2.2	RESTRAINTS	82
5.2.2.1	Lack of awareness and understanding among potential users	82
5.2.2.2	Data security and privacy concerns	82
5.2.2.3	Data quality and availability issues	83
5.2.3	OPPORTUNITIES	83
5.2.3.1	Artificial intelligence and machine learning integration	83
5.2.3.2	Rising demand for cloud-based solutions	84
5.2.3.3	Increasing focus on sustainability	84
5.2.4	CHALLENGES	85
5.2.4.1	Use of legacy systems and integration with other technologies	85
5.2.4.2	Data complexity	85
5.2.4.3	Diverse data sources and intricate process interdependencies	86
5.3	EVOLUTION OF PROCESS MINING	86
FIGURE 21	EVOLUTION OF PROCESS MINING	86
5.4	VALUE CHAIN ANALYSIS	88
FIGURE 22	VALUE CHAIN ANALYSIS	88
TABLE 8	ROLE OF PLAYERS IN VALUE CHAIN	90
5.5	ECOSYSTEM ANALYSIS	91
TABLE 9	ROLE OF PLAYERS IN MARKET ECOSYSTEM	91
FIGURE 23	ECOSYSTEM MAP	92
5.5.1	PROCESS MINING MARKET: SOFTWARE PROVIDERS	93
5.5.2	PROCESS MINING MARKET: SERVICE PROVIDERS	93
5.5.3	PROCESS MINING MARKET: DATA PROVIDERS	93
5.5.4	PROCESS MINING MARKET: SYSTEM INTEGRATORS	93
5.5.5	PROCESS MINING MARKET: END USERS	93
5.5.6	PROCESS MINING MARKET: REGULATORY BODIES	93
5.6	PROCESS MINING ARCHITECTURE	94
FIGURE 24	PROCESS MINING ARCHITECTURE	94
5.6.1	INFORMATION SYSTEMS	94
5.6.2	EVENT LOG DATA PRE-PROCESSING	94
5.6.3	PROCESS MAP CREATION	95
5.6.4	INSIGHT GENERATION	95
5.7	BEST PRACTICES IN PROCESS MINING MARKET	95
TABLE 10	BEST PRACTICES IN PROCESS MINING MARKET	96
5.8	CASE STUDY ANALYSIS	97
5.8.1	HEALTHCARE & LIFE SCIENCES	97
5.8.1.1	Johnson & Johnson adopted Celonis’ process mining and value chain technologies to deliver practical, day-to-day solutions	97
5.8.2	ENERGY & UTILITIES	97
5.8.2.1	eRegio implemented Signavio’s Business Transformation Suite to identify process bottlenecks and inefficiencies	97
5.8.3	GOVERNMENT & DEFENSE	98
5.8.3.1	US State Government leveraged IBM’s process mining solutions to streamline procurement processes	98
5.8.4	MANUFACTURING	98
5.8.4.1	Hitachi partnered with Automation Anywhere to streamline business processes and enhance employee efficiency	98
5.8.5	BFSI	99
5.8.5.1	Işbank deployed UiPath Process Mining to discover pockets of value within its processes and provide impactful recommendations to businesses	99
5.8.6	EDUCATION	99
5.8.6.1	Munich University of Applied Sciences implemented iGrafx’s solutions to optimize process landscape	99
5.9	TECHNOLOGY ANALYSIS	100
5.9.1	KEY TECHNOLOGIES	100
5.9.1.1	Artificial Intelligence (AI) and Machine Learning (ML)	100
5.9.1.2	Robotic Process Automation (RPA)	100
5.9.1.3	Cloud Computing	101
5.9.1.4	IoT	101
5.9.1.5	Big Data Analytics	101
5.9.2	ADJACENT TECHNOLOGIES	102
5.9.2.1	Natural Language Processing (NLP)	102
5.9.2.2	Decision Support System (DSS)	102
5.9.2.3	Data Streaming and Real-time Analytics	102
5.9.3	COMPLIMENTARY TECHNOLOGIES	103
5.9.3.1	Data Warehousing	103
5.9.3.2	Data Governance	103
5.9.3.3	Encryption and Cybersecurity	103
5.9.3.4	APIs	104
5.10	TARIFF AND REGULATORY LANDSCAPE	104
5.10.1	PROCESS MINING SOFTWARE TARIFF	104
TABLE 11	PROCESS MINING SOFTWARE TARIFF, BY COUNTRY, 2022	104
5.10.2	REGULATORY LANDSCAPE	105
5.10.2.1	Regulatory bodies, government agencies, and other organizations	106
TABLE 12	NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	106
TABLE 13	EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	106
TABLE 14	ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	107
TABLE 15	MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	108
TABLE 16	LATIN AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	108
5.10.2.2	North America	109
5.10.2.2.1	Data Privacy Compliance (DPC) Act	109
5.10.2.2.2	California Consumer Privacy Act (CCPA)	109
5.10.2.2.3	Personal Information Protection and Electronic Documents Act (PIPEDA)	109
5.10.2.3	Europe	109
5.10.2.3.1	General Data Protection Regulation (GDPR)	109
5.10.2.3.2	Commission nationale de l’informatique et des libertés (France)	110
5.10.2.3.3	Autoriteit Persoonsgegevens (Netherlands)	110
5.10.2.3.4	Data Protection Act (Germany)	110
5.10.2.4	Asia Pacific	110
5.10.2.4.1	Personal Data Protection Act (PDPA)	110
5.10.2.4.2	Personal Information Protection Act (PIPA)	110
5.10.2.4.3	Personal Data Protection Bill (PDPB)	110
5.10.2.5	Middle East & Africa	111
5.10.2.5.1	Protection of Personal Information Act (POPIA)	111
5.10.2.5.2	Data Protection Law (DPL)	111
5.10.2.5.3	DIFC Data Protection Law – Dubai International Financial Centre	111
5.10.2.6	Latin America	111
5.10.2.6.1	Lei Geral de Proteção de Dados (LGPD)	111
5.10.2.6.2	Ley Federal de Protección de Datos Personales en Posesión de los Particulares (LFPDPPP)	111
5.10.2.6.3	Ley de Protección de Datos Personales (LPDP)	111
5.11	PATENT ANALYSIS	112
5.11.1	METHODOLOGY	112
5.11.2	PATENTS FILED, BY DOCUMENT TYPE, 2013–2023	112
TABLE 17	PATENTS FILED, 2013–2023	112
5.11.3	INNOVATION AND PATENT APPLICATIONS	112
FIGURE 25	TOTAL NUMBER OF PATENTS GRANTED, 2013–2023	112
5.11.3.1	Top applicants	113
FIGURE 26	TOP TEN COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2013–2023	113
FIGURE 27	REGIONAL ANALYSIS OF PATENTS GRANTED, 2013–2023	113
TABLE 18	TOP 20 PATENT OWNERS IN PROCESS MINING MARKET, 2013–2023	114
TABLE 19	LIST OF TOP PATENTS IN PROCESS MINING MARKET, 2023	115
5.12	PRICING ANALYSIS	118
5.12.1	AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOFTWARE TYPE	118
FIGURE 28	AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOFTWARE TYPE	118
TABLE 20	AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOFTWARE TYPE	119
5.12.2	INDICATIVE PRICING ANALYSIS, BY PROCESS MINING VENDOR	119
TABLE 21	INDICATIVE PRICING ANALYSIS, BY PROCESS MINING VENDOR	119
5.13	TRADE ANALYSIS	120
5.13.1	IMPORT SCENARIO OF COMPUTER SOFTWARE	120
FIGURE 29	COMPUTER SOFTWARE IMPORTS, BY KEY COUNTRY, 2015–2022 (USD BILLION)	121
5.13.2	EXPORT SCENARIO OF COMPUTER SOFTWARE	121
FIGURE 30	COMPUTER SOFTWARE EXPORTS, BY KEY COUNTRY, 2015–2022 (USD BILLION)	122
5.14	KEY CONFERENCES & EVENTS	123
TABLE 22	KEY CONFERENCES & EVENTS, 2023–2023	123
5.15	PORTER’S FIVE FORCES ANALYSIS	124
FIGURE 31	PORTER’S FIVE FORCES ANALYSIS	124
5.15.1	THREAT OF NEW ENTRANTS	125
5.15.2	THREAT OF SUBSTITUTES	125
5.15.3	BARGAINING POWER OF SUPPLIERS	125
5.15.4	BARGAINING POWER OF BUYERS	125
5.15.5	INTENSITY OF COMPETITIVE RIVALRY	125
5.16	PROCESS MINING TECHNOLOGY ROADMAP	126
TABLE 23	PROCESS MINING TECHNOLOGY ROADMAP	126
5.17	PROCESS MINING MARKET: BUSINESS MODELS	128
FIGURE 32	PROCESS MINING MARKET: BUSINESS MODELS	128
5.17.1	SOFTWARE VENDOR MODEL	128
5.17.2	CONSULTING SERVICES MODEL	129
5.17.3	PLATFORM-AS-A-SERVICE MODEL	129
5.17.4	MANAGED SERVICES MODEL	129
5.17.5	DATA MONETIZATION MODEL	130
5.18	TRENDS/DISRUPTIONS IMPACTING BUYERS/CLIENTS	130
FIGURE 33	TRENDS/DISRUPTIONS IMPACTING BUYERS/CLIENTS	130
5.19	KEY STAKEHOLDERS AND BUYING CRITERIA	131
5.19.1	KEY STAKEHOLDERS IN BUYING PROCESS	131
FIGURE 34	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS	131
TABLE 24	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS	131
5.19.2	BUYING CRITERIA	132
FIGURE 35	KEY BUYING CRITERIA FOR TOP THREE VERTICALS	132
TABLE 25	KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS	132
6	PROCESS MINING MARKET, BY DATA SOURCE	133
6.1	INTRODUCTION	134
6.1.1	DATA SOURCES: PROCESS MINING MARKET DRIVERS	134
FIGURE 36	ERP SYSTEMS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD	135
TABLE 26	PROCESS MINING MARKET, BY DATA SOURCE, 2018–2022 (USD MILLION)	136
TABLE 27	PROCESS MINING MARKET, BY DATA SOURCE, 2023–2028 (USD MILLION)	136
6.2	ENTERPRISES RESOURCE PLANNING (ERP) SYSTEMS	137
6.2.1	WIDESPREAD ADOPTION OF ERP SYSTEMS ACROSS INDUSTRIES TO DRIVE MARKET	137
TABLE 28	PROCESS MINING MARKET, BY ERP SYSTEM, 2018–2022 (USD MILLION)	137
TABLE 29	PROCESS MINING MARKET, BY ERP SYSTEM, 2023–2028 (USD MILLION)	138
6.2.2	FINANCIAL ERP DATA	138
TABLE 30	FINANCIAL ERP DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	138
TABLE 31	FINANCIAL ERP DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	139
6.2.3	INVENTORY ERP DATA	139
TABLE 32	INVENTORY ERP DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	140
TABLE 33	INVENTORY ERP DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	140
6.2.4	PROCUREMENT ERP DATA	140
TABLE 34	PROCUREMENT ERP DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	141
TABLE 35	PROCUREMENT ERP DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	141
6.3	CUSTOMER RELATIONSHIP MANAGEMENT (CRM) SYSTEMS	141
6.3.1	NEED TO HARNESS CUSTOMER-CENTRIC DATA FROM CRM SYSTEMS TO PROPEL GROWTH	141
TABLE 36	PROCESS MINING MARKET, BY CRM SYSTEM, 2018–2022 (USD MILLION)	142
TABLE 37	PROCESS MINING MARKET, BY CRM SYSTEM, 2023–2028 (USD MILLION)	142
6.3.2	SALES CRM DATA	143
TABLE 38	SALES CRM DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	143
TABLE 39	SALES CRM DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	143
6.3.3	MARKETING CRM DATA	144
TABLE 40	MARKETING CRM DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	144
TABLE 41	MARKETING CRM DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	145
6.3.4	CUSTOMER SUPPORT CRM DATA	145
TABLE 42	CUSTOMER SUPPORT CRM DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	146
TABLE 43	CUSTOMER SUPPORT CRM DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	146
6.4	IOT DEVICES & SENSORS	146
6.4.1	RAPID ADOPTION OF IOT TECHNOLOGY ACROSS INDUSTRIES TO DRIVE POPULARITY OF IOT DEVICES AND SENSORS	146
TABLE 44	PROCESS MINING MARKET, BY IOT DEVICE & SENSOR, 2018–2022 (USD MILLION)	147
TABLE 45	PROCESS MINING MARKET, BY IOT DEVICE & SENSOR, 2023–2028 (USD MILLION)	147
6.4.2	SENSOR DATA ANALYTICS	147
TABLE 46	SENSOR DATA ANALYTICS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	148
TABLE 47	SENSOR DATA ANALYTICS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	148
6.4.3	IOT DEVICE PERFORMANCE DATA	148
TABLE 48	IOT DEVICE PERFORMANCE DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	149
TABLE 49	IOT DEVICE PERFORMANCE DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	149
6.4.4	PREDICTIVE MAINTENANCE DATA	150
TABLE 50	PREDICTIVE MAINTENANCE DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	150
TABLE 51	PREDICTIVE MAINTENANCE DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	150
6.5	CUSTOM APPLICATIONS & DATABASES	151
6.5.1	RISING NEED TO ANALYZE AND OPTIMIZE SPECIFIC WORKFLOWS TO DRIVE ADOPTION OF CUSTOM APPLICATIONS AND DATABASES	151
TABLE 52	PROCESS MINING MARKET, BY CUSTOM APPLICATION & DATABASE, 2018–2022 (USD MILLION)	151
TABLE 53	PROCESS MINING MARKET, BY CUSTOM APPLICATION & DATABASE, 2023–2028 (USD MILLION)	152
6.5.2	CUSTOM DATABASE TABLES	152
TABLE 54	CUSTOM DATABASE TABLES: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	152
TABLE 55	CUSTOM DATABASE TABLES: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	153
6.5.3	LEGACY APPLICATION DATA	153
TABLE 56	LEGACY APPLICATION DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	154
TABLE 57	LEGACY APPLICATION DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	154
6.5.4	WEB APPLICATION LOGS	154
TABLE 58	WEB APPLICATION LOGS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	155
TABLE 59	WEB APPLICATION LOGS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	155
6.6	WORKFLOW & BPM SYSTEMS	155
6.6.1	GROWING EMPHASIS ON STREAMLINING OPERATIONS AND BOOSTING PRODUCTIVITY FOR SUSTAINABLE BUSINESS EXPANSION TO DRIVE MARKET	155
TABLE 60	PROCESS MINING MARKET, BY WORKFLOW & BPM SYSTEM, 2018–2022 (USD MILLION)	156
TABLE 61	PROCESS MINING MARKET, BY WORKFLOW & BPM SYSTEM, 2023–2028 (USD MILLION)	156
6.6.2	WORKFLOW PROCESS DATA	156
TABLE 62	WORKFLOW PROCESS DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	157
TABLE 63	WORKFLOW PROCESS DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	157
6.6.3	BUSINESS PROCESS MODEL & NOTATION (BPMN) MODEL EXECUTION	157
TABLE 64	BUSINESS PROCESS MODEL & NOTATION (BPMN) MODEL EXECUTION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	158
TABLE 65	BUSINESS PROCESS MODEL & NOTATION (BPMN) MODEL EXECUTION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	158
6.6.4	PROCESS WORKFLOW METRICS	159
TABLE 66	PROCESS WORKFLOW METRICS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	159
TABLE 67	PROCESS WORKFLOW METRICS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	160
6.7	DOCUMENT MANAGEMENT SYSTEMS	160
6.7.1	RAPID DIGITAL TRANSFORMATION TO PROPEL GROWTH OF DOCUMENT MANAGEMENT SYSTEMS	160
TABLE 68	PROCESS MINING MARKET, BY DOCUMENT MANAGEMENT SYSTEM, 2018–2022 (USD MILLION)	161
TABLE 69	PROCESS MINING MARKET, BY DOCUMENT MANAGEMENT SYSTEM, 2023–2028 (USD MILLION)	161
6.7.2	DOCUMENT WORKFLOW DATA	161
TABLE 70	DOCUMENT WORKFLOW DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	162
TABLE 71	DOCUMENT WORKFLOW DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	162
6.7.3	CONTENT MANAGEMENT DATA	162
TABLE 72	CONTENT MANAGEMENT DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	163
TABLE 73	CONTENT MANAGEMENT DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	163
6.7.4	DIGITAL SIGNATURE WORKFLOWS	163
TABLE 74	DIGITAL SIGNATURE WORKFLOWS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	164
TABLE 75	DIGITAL SIGNATURE WORKFLOWS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	164
6.8	SUPPLY CHAIN & LOGISTICS DATA	164
6.8.1	SURGE IN ECOMMERCE AND GLOBAL TRADE TO BOOST GROWTH OF PROCESS MINING SOLUTIONS ACROSS SUPPLY CHAINS	164
TABLE 76	PROCESS MINING MARKET, BY SUPPLY CHAIN & LOGISTICS DATA, 2018–2022 (USD MILLION)	165
TABLE 77	PROCESS MINING MARKET, BY SUPPLY CHAIN & LOGISTICS DATA, 2023–2028 (USD MILLION)	165
6.8.2	TRANSPORTATION & SHIPPING DATA	166
TABLE 78	TRANSPORTATION & SHIPPING DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	166
TABLE 79	TRANSPORTATION & SHIPPING DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	166
6.8.3	SUPPLIER & VENDOR INTERACTIONS	167
TABLE 80	SUPPLIER & VENDOR INTERACTIONS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	167
TABLE 81	SUPPLIER & VENDOR INTERACTIONS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	168
6.8.4	COLD CHAIN MONITORING DATA	168
TABLE 82	COLD CHAIN MONITORING DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	169
TABLE 83	COLD CHAIN MONITORING DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	169
6.9	FINANCIAL SYSTEMS DATA	169
6.9.1	INCREASING COMPLEXITY OF FINANCIAL TRANSACTIONS TO SPUR DEMAND FOR PROCESS MINING TOOLS	169
TABLE 84	PROCESS MINING MARKET, BY FINANCIAL SYSTEMS DATA, 2018–2022 (USD MILLION)	170
TABLE 85	PROCESS MINING MARKET, BY FINANCIAL SYSTEMS DATA, 2023–2028 (USD MILLION)	170
6.9.2	ACCOUNTING & FINANCIAL TRANSACTIONS	170
TABLE 86	ACCOUNTING & FINANCIAL TRANSACTIONS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	171
TABLE 87	ACCOUNTING & FINANCIAL TRANSACTIONS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	171
6.9.3	EXPENSE MANAGEMENT DATA	171
TABLE 88	EXPENSE MANAGEMENT DATA: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	172
TABLE 89	EXPENSE MANAGEMENT DATA: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	172
6.9.4	AUDIT & COMPLIANCE RECORDS	172
TABLE 90	AUDIT & COMPLIANCE RECORDS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	173
TABLE 91	AUDIT & COMPLIANCE RECORDS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	173
6.10	OTHER DATA SOURCES	174
TABLE 92	OTHER DATA SOURCES: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	174
TABLE 93	OTHER DATA SOURCES: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	174
7	PROCESS MINING MARKET, BY MINING ALGORITHM	175
7.1	INTRODUCTION	176
7.1.1	MINING ALGORITHMS: PROCESS MINING MARKET DRIVERS	176
FIGURE 37	DEEP LEARNING ALGORITHMS SEGMENT TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD	177
TABLE 94	PROCESS MINING MARKET, BY MINING ALGORITHM, 2018–2022 (USD MILLION)	177
TABLE 95	PROCESS MINING MARKET, BY MINING ALGORITHM, 2023–2028 (USD MILLION)	178
7.2	DISCOVERY ALGORITHMS	178
7.2.1	DISCOVERY ALGORITHMS HELP ORGANIZATIONS GAIN INSIGHTS INTO OPERATIONS FOR OPTIMIZATION AND EFFICIENCY	178
TABLE 96	PROCESS MINING MARKET, BY DISCOVERY ALGORITHM, 2018–2022 (USD MILLION)	179
TABLE 97	PROCESS MINING MARKET, BY DISCOVERY ALGORITHM, 2023–2028 (USD MILLION)	179
7.2.2	HEURISTIC MINING	179
TABLE 98	HEURISTIC MINING: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	180
TABLE 99	HEURISTIC MINING: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	180
7.2.2.1	Directly-follows Graph Discovery	180
7.2.2.2	Dependency Graph Discovery	181
7.2.3	ALPHA MINER	181
TABLE 100	ALPHA MINER: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	181
TABLE 101	ALPHA MINER: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	182
7.2.3.1	Enhanced Heuristic Mining	182
7.2.3.2	Noise Filtering	182
7.2.3.3	Loop Handling	183
7.2.4	INDUCTIVE MINER	183
TABLE 102	INDUCTIVE MINER: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	183
TABLE 103	INDUCTIVE MINER: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	184
7.2.4.1	Directly-follows Graph Induction	184
7.2.4.2	Log Petri Net Conversion	184
7.2.4.3	Noise Tolerance	185
7.3	CONFORMANCE CHECKING ALGORITHMS	185
7.3.1	CONFORMANCE CHECKING ALGORITHMS ALIGN PROCESSES WITH INTENDED MODELS, IMPROVING PERFORMANCE AND COMPLIANCE	185
TABLE 104	PROCESS MINING MARKET, BY CONFORMANCE CHECKING ALGORITHM, 2018–2022 (USD MILLION)	186
TABLE 105	PROCESS MINING MARKET, BY CONFORMANCE CHECKING ALGORITHM, 2023–2028 (USD MILLION)	186
7.3.2	TOKEN-BASED REPLAY	186
TABLE 106	TOKEN-BASED REPLAY: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	187
TABLE 107	TOKEN-BASED REPLAY: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	187
7.3.2.1	Token-based Replay Fitness Analysis	187
7.3.2.2	Token-based Replay Alignments	188
7.3.2.3	Token-based Replay Precision & Generalization	188
7.3.3	LOG-BASED CONFORMANCE CHECKING	188
TABLE 108	LOG-BASED CONFORMANCE CHECKING: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	189
TABLE 109	LOG-BASED CONFORMANCE CHECKING: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	189
7.3.3.1	Deviation Detection	189
7.3.3.2	Conformance Metrics	190
7.3.3.3	Root Cause Analysis	190
7.3.4	MODEL-BASED CONFORMANCE CHECKING	190
TABLE 110	MODEL-BASED CONFORMANCE CHECKING: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	191
TABLE 111	MODEL-BASED CONFORMANCE CHECKING: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	191
7.3.4.1	Process Model Alignment	191
7.3.4.2	Model-based Conformance Checking Fitness Analysis	192
7.3.4.3	Model-based Conformance Checking Precision & Generalization	192
7.4	ENHANCEMENT & EXTENSION ALGORITHMS	192
7.4.1	ENHANCEMENT & EXTENSION ALGORITHMS REFINE EXISTING PROCESS MODELS THROUGH IMPROVED OPERATIONAL EFFECTIVENESS	192
TABLE 112	PROCESS MINING MARKET, BY ENHANCEMENT & EXTENSION ALGORITHM, 2018–2022 (USD MILLION)	193
TABLE 113	PROCESS MINING MARKET, BY ENHANCEMENT & EXTENSION ALGORITHM, 2023–2028 (USD MILLION)	193
7.4.2	PROCESS SIMULATION	193
TABLE 114	PROCESS SIMULATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	194
TABLE 115	PROCESS SIMULATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	194
7.4.2.1	Monte Carlo Simulation	194
7.4.2.2	Process Variability Analysis	195
7.4.2.3	What-If-Analysis	195
7.4.3	RECOMMENDATION ALGORITHMS	195
TABLE 116	RECOMMENDATION ALGORITHMS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	196
TABLE 117	RECOMMENDATION ALGORITHMS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	196
7.4.3.1	Process Optimization Recommendations	196
7.4.3.2	Resource Allocation Recommendations	197
7.4.3.3	Compliance Improvement Guidance	197
7.4.4	PREDICTIVE ANALYTICS ALGORITHMS	197
TABLE 118	PREDICTIVE ANALYTICS ALGORITHMS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	198
TABLE 119	PREDICTIVE ANALYTICS ALGORITHMS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	198
7.4.4.1	Machine Learning for Process Predictions	198
7.4.4.2	Predictive KPI Monitoring	199
7.5	CLUSTERING & CLASSIFICATION ALGORITHMS	199
7.5.1	CLUSTERING & CLASSIFICATION ALGORITHMS ENABLE BETTER RESOURCE ALLOCATION AND INFORMED DECISION-MAKING	199
TABLE 120	PROCESS MINING MARKET, BY CLUSTERING & CLASSIFICATION ALGORITHM, 2018–2022 (USD MILLION)	199
TABLE 121	PROCESS MINING MARKET, BY CLUSTERING & CLASSIFICATION ALGORITHM, 2023–2028 (USD MILLION)	200
7.5.2	PROCESS INSTANCE CLUSTERING	200
TABLE 122	PROCESS INSTANCE CLUSTERING: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	200
TABLE 123	PROCESS INSTANCE CLUSTERING: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	201
7.5.2.1	Similarity Measures	201
7.5.2.2	Hierarchical Clustering	201
7.5.2.3	K-Means Clustering	202
7.5.3	PROCESS VARIANT CLASSIFICATION	202
TABLE 124	PROCESS VARIANT CLASSIFICATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	202
TABLE 125	PROCESS VARIANT CLASSIFICATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	203
7.5.3.1	Decision Tree Classification	203
7.5.3.2	Naive Bayes Classification	203
7.5.3.3	Support Vector Machines (SVM)	204
7.5.4	ANOMALY DETECTION	204
TABLE 126	ANOMALY DETECTION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	204
TABLE 127	ANOMALY DETECTION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	205
7.5.4.1	Statistical Anomaly Detection	205
7.5.4.2	Isolation Forest	205
7.5.4.3	Autoencoders for Sequence Anomalies	206
7.6	SEQUENCE ANALYSIS ALGORITHMS	206
7.6.1	SEQUENCE ANALYSIS ALGORITHMS ENABLE BUSINESSES TO IMPROVE SEQUENCING OF CRUCIAL PROCESSES FOR INCREASED EFFICIENCY	206
TABLE 128	PROCESS MINING MARKET, BY SEQUENCE ANALYSIS ALGORITHM, 2018–2022 (USD MILLION)	206
TABLE 129	PROCESS MINING MARKET, BY SEQUENCE ANALYSIS ALGORITHM, 2023–2028 (USD MILLION)	207
7.6.2	SEQUENTIAL PATTERN MINING	207
TABLE 130	SEQUENTIAL PATTERN MINING: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	207
TABLE 131	SEQUENTIAL PATTERN MINING: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	208
7.6.2.1	Frequent Sequential Pattern Discovery	208
7.6.2.2	Parallel Sequence Mining	208
7.6.3	SEQUENCE ALIGNMENT	208
TABLE 132	SEQUENCE ALIGNMENT: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	209
TABLE 133	SEQUENCE ALIGNMENT: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	209
7.6.3.1	Event Log Sequence Alignment	209
7.6.3.2	Sequence Edit Distance Metrics	210
7.6.3.3	Sequence Clustering	210
7.6.4	PROCESS PATH ANALYSIS	210
TABLE 134	PROCESS PATH ANALYSIS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	211
TABLE 135	PROCESS PATH ANALYSIS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	211
7.6.4.1	Path Frequency Analysis	211
7.6.4.2	Process Path Abstraction	212
7.6.4.3	Critical Path Identification	212
7.7	DEEP LEARNING ALGORITHMS	212
7.7.1	DEEP LEARNING ALGORITHMS LEVERAGE NEURAL NETWORKS TO ENHANCE PREDICTIVE CAPABILITIES AND OPERATIONAL INTELLIGENCE	212
TABLE 136	PROCESS MINING MARKET, BY DEEP LEARNING FOR PROCESS MINING, 2018–2022 (USD MILLION)	213
TABLE 137	PROCESS MINING MARKET, BY DEEP LEARNING FOR PROCESS MINING, 2023–2028 (USD MILLION)	213
7.7.2	RECURRENT NEURAL NETWORKS (RNN)	213
TABLE 138	RECURRENT NEURAL NETWORKS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	214
TABLE 139	RECURRENT NEURAL NETWORKS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	214
7.7.2.1	LSTM-based Process Analysis	214
7.7.2.2	GRU-based Sequence Modeling	215
7.7.2.3	Event Sequence Prediction	215
7.7.3	TRANSFORMER MODELS	215
TABLE 140	TRANSFORMER MODELS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	216
TABLE 141	TRANSFORMER MODELS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	216
7.7.3.1	Attention-based Process Analysis	216
7.7.3.2	Transformer-XL for Long Sequences	217
7.7.3.3	Process Text Mining	217
7.7.4	GRAPH NEURAL NETWORKS (GNN)	217
TABLE 142	GRAPH NEURAL NETWORKS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	218
TABLE 143	GRAPH NEURAL NETWORKS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	218
7.7.4.1	Graph-based Process Analysis	218
7.7.4.2	Graph Attention Networks (GAT)	219
7.7.4.3	GNNs for Process Prediction	219
7.8	TEMPORAL PROCESS MINING ALGORITHMS	219
7.8.1	GROWING FOCUS ON TIMING AND DURATION OF PROCESS EVENTS AND OPTIMIZING TIMING-BASED PROCESSES TO DRIVE GROWTH	219
TABLE 144	PROCESS MINING MARKET, BY TEMPORAL PROCESS MINING ALGORITHM, 2018–2022 (USD MILLION)	220
TABLE 145	PROCESS MINING MARKET, BY TEMPORAL PROCESS MINING ALGORITHM, 2023–2028 (USD MILLION)	220
7.8.2	TEMPORAL PATTERN DISCOVERY	220
TABLE 146	TEMPORAL PATTERN DISCOVERY: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	221
TABLE 147	TEMPORAL PATTERN DISCOVERY: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	221
7.8.2.1	Time Interval-based Patterns	221
7.8.2.2	Temporal Rules and Constraints	222
7.8.2.3	Duration Analysis	222
7.8.3	TIME SERIES ANALYSIS	222
TABLE 148	TIME SERIES ANALYSIS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	223
TABLE 149	TIME SERIES ANALYSIS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	223
7.8.3.1	Event Log Time Series Analysis	223
7.8.3.2	Process Event Forecasting	223
7.8.3.3	Time-related Process Insights	224
7.9	OTHER MINING ALGORITHMS	224
TABLE 150	OTHER MINING ALGORITHMS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION)	225
TABLE 151	OTHER MINING ALGORITHMS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION)	225
8.1 INTRODUCTION 227
8.1.1 OFFERINGS: PROCESS MINING MARKET DRIVERS 227
FIGURE 38 SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 228
TABLE 152 PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 228
TABLE 153 PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 228
8.2 SOFTWARE 229
FIGURE 39 CONTINUOUS MONITORING & ANALYTICS TOOLS SEGMENT TO LEAD MARKET IN 2023 229
TABLE 154 PROCESS MINING MARKET, BY SOFTWARE, 2018–2022 (USD MILLION) 230
TABLE 155 PROCESS MINING MARKET, BY SOFTWARE, 2023–2028 (USD MILLION) 230
8.2.1 PROCESS DISCOVERY TOOLS 230
8.2.1.1 Process discovery tools empower organizations to enhance and streamline their processes 230
TABLE 156 PROCESS MINING MARKET, BY PROCESS DISCOVERY TOOL, 2018–2022 (USD MILLION) 231
TABLE 157 PROCESS MINING MARKET, BY PROCESS DISCOVERY TOOL, 2023–2028 (USD MILLION) 231
8.2.1.2 Event Log-based Discovery 231
TABLE 158 EVENT LOG-BASED DISCOVERY: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 232
TABLE 159 EVENT LOG-BASED DISCOVERY: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 232
8.2.1.2.1 Automated Discovery 232
8.2.1.2.2 Interactive Discovery 233
8.2.1.2.3 Log Filtering and Preprocessing 233
8.2.1.3 Process Map-based Discovery 233
TABLE 160 PROCESS MAP-BASED DISCOVERY: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 234
TABLE 161 PROCESS MAP-BASED DISCOVERY: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 234
8.2.1.3.1 Flowchart Generation 234
8.2.1.3.2 Process Map Visualization 235
8.2.2 CONFORMANCE CHECKING TOOLS 235
8.2.2.1 Conformance checking tools bridge gap between theoretical models and actual operational realities 235
TABLE 162 PROCESS MINING MARKET, BY CONFORMANCE CHECKING TOOL, 2018–2022 (USD MILLION) 236
TABLE 163 PROCESS MINING MARKET, BY CONFORMANCE CHECKING TOOL, 2023–2028 (USD MILLION) 236
8.2.2.2 Model-checking Conformance 236
TABLE 164 MODEL-CHECKING CONFORMANCE: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 237
TABLE 165 MODEL-CHECKING CONFORMANCE: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 237
8.2.2.2.1 Direct Model Comparison 237
8.2.2.2.2 Statistical Model Checking 238
8.2.2.2.3 Automated Rule-based Conformance 238
8.2.2.3 Log-based Conformance 238
TABLE 166 LOG-BASED CONFORMANCE: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 239
TABLE 167 LOG-BASED CONFORMANCE: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 239
8.2.2.3.1 Deviation Detection 239
8.2.2.3.2 Anomaly Detection 240
8.2.2.3.3 Root Cause Analysis 240
8.2.3 PROCESS ENHANCEMENT AND SIMULATION TOOLS 240
8.2.3.1 Need for fostering process enhancement and simulation to drive market growth 240
TABLE 168 PROCESS MINING MARKET, BY PROCESS ENHANCEMENT AND SIMULATION TOOL, 2018–2022 (USD MILLION) 241
TABLE 169 PROCESS MINING MARKET, BY PROCESS ENHANCEMENT AND SIMULATION TOOL, 2023–2028 (USD MILLION) 241
8.2.3.2 Simulation & Optimization 241
TABLE 170 SIMULATION & OPTIMIZATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 242
TABLE 171 SIMULATION & OPTIMIZATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 242
8.2.3.2.1 Process Simulation 242
8.2.3.2.2 What-If Analysis 243
8.2.3.2.3 Optimization Algorithms 243
8.2.3.3 Process Enhancement & Automation 243
TABLE 172 PROCESS ENHANCEMENT & AUTOMATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 244
TABLE 173 PROCESS ENHANCEMENT & AUTOMATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 244
8.2.3.3.1 Recommendation Engine 244
8.2.3.3.2 Automation Integration 245
8.2.3.3.3 Process Redesign Tools 245
8.2.4 PERFORMANCE ANALYSIS TOOLS 245
8.2.4.1 Performance analysis tools enable businesses to gain valuable insights into efficiency and effectiveness of operational processes 245
TABLE 174 PROCESS MINING MARKET, BY PERFORMANCE ANALYSIS TOOL, 2018–2022 (USD MILLION) 246
TABLE 175 PROCESS MINING MARKET, BY PERFORMANCE ANALYSIS TOOL, 2023–2028 (USD MILLION) 246
8.2.4.2 Performance Metrics 246
TABLE 176 PERFORMANCE METRICS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 247
TABLE 177 PERFORMANCE METRICS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 247
8.2.4.2.1 Key Performance Indicator (KPI) Tracking 247
8.2.4.2.2 Process Efficiency Analysis 248
8.2.4.2.3 Bottleneck Identification 248
8.2.4.3 Performance Visualization 248
TABLE 178 PERFORMANCE VISUALIZATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 249
TABLE 179 PERFORMANCE VISUALIZATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 249
8.2.4.3.1 Real-time Performance Dashboard 249
8.2.4.3.2 Historical Performance Trends 250
8.2.4.3.3 Performance Benchmarking 250
8.2.5 VISUALIZATION TOOLS 250
8.2.5.1 Growing need for businesses to transform complex data into actionable insights to spur demand 250
TABLE 180 PROCESS MINING MARKET, BY VISUALIZATION TOOL, 2018–2022 (USD MILLION) 251
TABLE 181 PROCESS MINING MARKET, BY VISUALIZATION TOOL, 2023–2028 (USD MILLION) 251
8.2.5.2 Process Visualization 251
TABLE 182 PROCESS VISUALIZATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 252
TABLE 183 PROCESS VISUALIZATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 252
8.2.5.2.1 Interactive Process Maps 252
8.2.5.2.2 Process Flowcharts 253
8.2.5.2.3 Heatmaps & Sankey Diagrams 253
8.2.5.3 Data Visualization 253
TABLE 184 DATA VISUALIZATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 254
TABLE 185 DATA VISUALIZATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 254
8.2.5.3.1 Data Dashboards 254
8.2.5.3.2 Custom Data Visualizations 255
8.2.5.3.3 Data Exploration Tools 255
8.2.6 CONTINUOUS MONITORING & ANALYTICS TOOLS 255
8.2.6.1 Need for companies to drive proactive and strategic decision-making to boost adoption of continuous monitoring & analytics tools 255
TABLE 186 PROCESS MINING MARKET, BY CONTINUOUS MONITORING & ANALYTICS TOOL, 2018–2022 (USD MILLION) 256
TABLE 187 PROCESS MINING MARKET, BY CONTINUOUS MONITORING & ANALYTICS TOOL, 2023–2028 (USD MILLION) 256
8.2.6.2 Real-time Monitoring 256
TABLE 188 REAL-TIME MONITORING: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 257
TABLE 189 REAL-TIME MONITORING: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 257
8.2.6.2.1 Continuous Event Stream Analytics 257
8.2.6.2.2 Real-time Process Tracking 258
8.2.6.2.3 Alerting & Notification 258
8.2.6.3 Historical Analytics 258
TABLE 190 HISTORICAL ANALYTICS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 259
TABLE 191 HISTORICAL ANALYTICS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 259
8.2.6.3.1 Trend Analysis 259
8.2.6.3.2 Root Cause Analysis 260
8.2.6.3.3 Historical Process Performance Reports 260
8.2.6.4 Predictive Analytics 260
TABLE 192 PREDICTIVE ANALYTICS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 261
TABLE 193 PREDICTIVE ANALYTICS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 261
8.2.6.4.1 Machine Learning Models 261
8.2.6.4.2 Predictive KPI Forecasting 262
8.2.6.5 Advanced Prediction Models 262
TABLE 194 ADVANCED PREDICTION MODELS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 262
TABLE 195 ADVANCED PREDICTION MODELS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 263
8.2.6.5.1 Complex Event Processing 263
8.2.6.5.2 Time Series Forecasting 263
8.2.7 INTEGRATION & COLLABORATION TOOLS 264
8.2.7.1 Growing demand among organizations to enhance efficiency and foster seamless communication to spur growth 264
TABLE 196 PROCESS MINING MARKET, BY INTEGRATION & COLLABORATION TOOL, 2018–2022 (USD MILLION) 264
TABLE 197 PROCESS MINING MARKET, BY INTEGRATION & COLLABORATION TOOL, 2023–2028 (USD MILLION) 265
8.2.7.2 Data Integration 265
TABLE 198 DATA INTEGRATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 265
TABLE 199 DATA INTEGRATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 266
8.2.7.2.1 Data Source Integration 266
8.2.7.2.2 API & Data Connector Support 266
8.2.7.2.3 Data Transformation & Mapping 267
8.2.7.3 Collaboration Tools 267
TABLE 200 COLLABORATION TOOLS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 267
TABLE 201 COLLABORATION TOOLS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 268
8.2.7.3.1 Workflow Collaboration 268
8.2.7.3.2 Team Collaboration 268
8.2.7.3.3 Process Documentation & Sharing 269
8.2.8 OTHER SOFTWARE SOLUTIONS 269
TABLE 202 OTHER SOFTWARE SOLUTIONS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 270
TABLE 203 OTHER SOFTWARE SOLUTIONS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 270
8.3 SERVICES 270
FIGURE 40 MANAGED SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 271
TABLE 204 PROCESS MINING MARKET, BY SERVICE, 2018–2022 (USD MILLION) 271
TABLE 205 PROCESS MINING MARKET, BY SERVICE, 2023–2028 (USD MILLION) 271
8.3.1 PROFESSIONAL SERVICES 272
8.3.1.1 Professional services offer specialized expertise for seamless integration of process mining tools 272
FIGURE 41 SYSTEM INTEGRATION & IMPLEMENTATION SEGMENT TO ACCOUNT FOR LARGEST SHARE BY 2028 272
TABLE 206 PROFESSIONAL SERVICES: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 273
TABLE 207 PROFESSIONAL SERVICES: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 273
8.3.1.1.1 System Integration & Implementation Services 273
8.3.1.1.2 Support & Maintenance Services 274
8.3.1.1.3 Training & Consulting Services 274
8.3.2 MANAGED SERVICES 274
8.3.2.1 Managed services provide end-to-end management of process mining, helping businesses focus on core competencies 274
TABLE 208 MANAGED SERVICES: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 275
TABLE 209 MANAGED SERVICES: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 275
9 PROCESS MINING MARKET, BY VERTICAL 276
9.1 INTRODUCTION 277
9.1.1 VERTICALS: PROCESS MINING MARKET DRIVERS 277
FIGURE 42 MANUFACTURING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 278
TABLE 210 PROCESS MINING MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 278
TABLE 211 PROCESS MINING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 279
9.2 BFSI 279
9.2.1 FOCUS ON TRANSFORMING BFSI LANDSCAPE WITH OPERATIONAL EXCELLENCE TO DRIVE GROWTH 279
TABLE 212 PROCESS MINING MARKET, BY BFSI APPLICATION, 2018–2022 (USD MILLION) 280
TABLE 213 PROCESS MINING MARKET, BY BFSI APPLICATION, 2023–2028 (USD MILLION) 280
9.2.1.1 Loan Origination & Underwriting 280
TABLE 214 LOAN ORIGINATION & UNDERWRITING: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 281
TABLE 215 LOAN ORIGINATION & UNDERWRITING: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 281
9.2.1.1.1 Credit Risk Assessment 281
9.2.1.1.2 Mortgage Approval Process 282
9.2.1.1.3 Loan Document Verification 282
9.2.1.2 Fraud Detection & Prevention 282
TABLE 216 FRAUD DETECTION & PREVENTION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 283
TABLE 217 FRAUD DETECTION & PREVENTION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 283
9.2.1.2.1 Transaction Fraud Analysis 283
9.2.1.2.2 Identity Theft Detection 284
9.2.1.2.3 Anti-money Laundering (AML) 284
9.2.1.3 Customer Onboarding & KYC 284
TABLE 218 CUSTOMER ONBOARDING & KYC: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 285
TABLE 219 CUSTOMER ONBOARDING & KYC: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 285
9.2.1.3.1 Customer Due Diligence 285
9.2.1.3.2 KYC Process Efficiency 286
9.2.1.3.3 Compliance Monitoring 286
9.2.1.4 Claims Processing 286
TABLE 220 CLAIMS PROCESSING: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 287
TABLE 221 CLAIMS PROCESSING: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 287
9.2.1.4.1 Insurance Claims Verification 287
9.2.1.4.2 Claims Settlement Efficiency 288
9.2.1.4.3 Fraudulent Claims Detection 288
9.2.1.5 Others 288
TABLE 222 OTHER BFSI APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 289
TABLE 223 OTHER BFSI APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 289
9.3 MANUFACTURING 290
9.3.1 PROCESS MINING OFFERS COMPREHENSIVE VIEW OF ENTIRE PRODUCTION CHAIN IN MANUFACTURING SECTOR 290
TABLE 224 PROCESS MINING MARKET, BY MANUFACTURING APPLICATION, 2018–2022 (USD MILLION) 290
TABLE 225 PROCESS MINING MARKET, BY MANUFACTURING APPLICATION, 2023–2028 (USD MILLION) 291
9.3.1.1 Production Optimization 291
TABLE 226 PRODUCTION OPTIMIZATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 291
TABLE 227 PRODUCTION OPTIMIZATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 292
9.3.1.1.1 Production Line Efficiency 292
9.3.1.1.2 Workforce Productivity 292
9.3.1.1.3 Equipment Utilization 293
9.3.1.2 Quality Control & Assurance 293
TABLE 228 QUALITY CONTROL & ASSURANCE: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 293
TABLE 229 QUALITY CONTROL & ASSURANCE: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 294
9.3.1.2.1 Defect Detection & Prevention 294
9.3.1.2.2 Compliance Monitoring 294
9.3.1.2.3 Root Cause Analysis 294
9.3.1.3 Supply Chain Management 295
TABLE 230 SUPPLY CHAIN MANAGEMENT: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 295
TABLE 231 SUPPLY CHAIN MANAGEMENT: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 296
9.3.1.3.1 Inventory Optimization 296
9.3.1.3.2 Supplier Performance Analysis 296
9.3.1.3.3 Demand Forecasting & Planning 297
9.3.1.4 Maintenance & Reliability 297
TABLE 232 MAINTENANCE & RELIABILITY: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 297
TABLE 233 MAINTENANCE & RELIABILITY: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 298
9.3.1.4.1 Predictive Maintenance 298
9.3.1.4.2 Asset Utilization Analysis 298
9.3.1.4.3 Downtime Reduction 299
9.3.1.5 Others 299
TABLE 234 OTHER MANUFACTURING APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 299
TABLE 235 OTHER MANUFACTURING APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 300
9.4 IT & ITES 300
9.4.1 EMPHASIS ON EMPOWERING ORGANIZATIONS TO NAVIGATE COMPLEXITIES OF IT SERVICE DELIVERY TO BOOST GROWTH 300
TABLE 236 PROCESS MINING MARKET, BY IT & ITES APPLICATION, 2018–2022 (USD MILLION) 301
TABLE 237 PROCESS MINING MARKET, BY IT & ITES APPLICATION, 2023–2028 (USD MILLION) 301
9.4.1.1 Software Development Lifecycle (SDLC) Analysis 301
TABLE 238 SOFTWARE DEVELOPMENT LIFECYCLE ANALYSIS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 302
TABLE 239 SOFTWARE DEVELOPMENT LIFECYCLE ANALYSIS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 302
9.4.1.1.1 Code Review & Optimization 302
9.4.1.1.2 Bug & Issue Tracking 303
9.4.1.1.3 Release Cycle Efficiency 303
9.4.1.2 IT Help & Desk Support 303
TABLE 240 IT HELP & DESK SUPPORT: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 304
TABLE 241 IT HELP & DESK SUPPORT: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 304
9.4.1.2.1 Ticket Resolution Time Analysis 304
9.4.1.2.2 Incident Trends & Patterns 305
9.4.1.2.3 Service Level Agreement (SLA) Compliance 305
9.4.1.3 IT Infrastructure Management 305
TABLE 242 IT INFRASTRUCTURE MANAGEMENT: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 306
TABLE 243 IT INFRASTRUCTURE MANAGEMENT: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 306
9.4.1.3.1 Network Performance Monitoring 306
9.4.1.3.2 Server Resource Utilization 307
9.4.1.3.3 IT Asset Inventory 307
9.4.1.4 Cybersecurity & Threat Detection 307
TABLE 244 CYBERSECURITY & THREAT DETECTION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 308
TABLE 245 CYBERSECURITY & THREAT DETECTION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 308
9.4.1.4.1 Intrusion Detection & Response 308
9.4.1.4.2 Security Incident Analysis 309
9.4.1.4.3 Compliance With Security Policies 309
9.4.1.5 Others 309
TABLE 246 OTHER IT & ITES APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 310
TABLE 247 OTHER IT & ITES APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 310
9.5 HEALTHCARE & LIFE SCIENCES 310
9.5.1 NEED FOR IMPROVING PATIENT CARE AND DRIVING INNOVATION TO SPUR ADOPTION OF PROCESS MINING SERVICES 310
TABLE 248 PROCESS MINING MARKET, BY HEALTHCARE & LIFE SCIENCES APPLICATION, 2018–2022 (USD MILLION) 311
TABLE 249 PROCESS MINING MARKET, BY HEALTHCARE & LIFE SCIENCES APPLICATION, 2023–2028 (USD MILLION) 311
9.5.1.1 Patient Care & Hospital Management 312
TABLE 250 PATIENT CARE & HOSPITAL MANAGEMENT: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 312
TABLE 251 PATIENT CARE & HOSPITAL MANAGEMENT: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 312
9.5.1.1.1 Patient Journey Analysis 313
9.5.1.1.2 Resource Allocation Optimization 313
9.5.1.1.3 Billing & Claims Processing 313
9.5.1.2 Clinical Trials Optimization 314
TABLE 252 CLINICAL TRIALS OPTIMIZATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 314
TABLE 253 CLINICAL TRIALS OPTIMIZATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 314
9.5.1.2.1 Trial Enrollment Efficiency 315
9.5.1.2.2 Adverse Event Analysis 315
9.5.1.2.3 Drug Development Timelines 315
9.5.1.3 Electronic Health Records (EHR) Analysis 316
TABLE 254 ELECTRONIC HEALTH RECORDS ANALYSIS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 316
TABLE 255 ELECTRONIC HEALTH RECORDS ANALYSIS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 316
9.5.1.3.1 EHR Data Accuracy 317
9.5.1.3.2 Regulatory Compliance 317
9.5.1.3.3 Patient Outcome Improvement 317
9.5.1.4 Supply Chain & Pharmaceutical Manufacturing 318
TABLE 256 SUPPLY CHAIN & PHARMACEUTICAL MANUFACTURING: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 318
TABLE 257 SUPPLY CHAIN & PHARMACEUTICAL MANUFACTURING: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 318
9.5.1.4.1 Pharmaceutical Production Optimization 319
9.5.1.4.2 Drug Traceability 319
9.5.1.4.3 Inventory Management 319
9.5.1.5 Others 320
TABLE 258 OTHER HEALTHCARE APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 320
TABLE 259 OTHER HEALTHCARE APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 320
9.6 RETAIL & ECOMMERCE 321
9.6.1 RISING IMPORTANCE OF IDENTIFYING CUSTOMER PATTERNS AND PREFERENCES TO PROPEL MARKET 321
TABLE 260 PROCESS MINING MARKET, BY RETAIL & ECOMMERCE APPLICATION, 2018–2022 (USD MILLION) 321
TABLE 261 PROCESS MINING MARKET, BY RETAIL & ECOMMERCE APPLICATION, 2023–2028 (USD MILLION) 322
9.6.1.1 Customer Experience Enhancement 322
TABLE 262 CUSTOMER EXPERIENCE ENHANCEMENT: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 322
TABLE 263 CUSTOMER EXPERIENCE ENHANCEMENT: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 323
9.6.1.1.1 Customer Journey Mapping 323
9.6.1.1.2 Personalization & Recommendations 323
9.6.1.1.3 Cart Abandonment Analysis 323
9.6.1.2 Inventory & Stock Management 324
TABLE 264 INVENTORY & STOCK MANAGEMENT: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 324
TABLE 265 INVENTORY & STOCK MANAGEMENT: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 325
9.6.1.2.1 Stock-level Optimization 325
9.6.1.2.2 Stock Demand Forecasting 325
9.6.1.2.3 Shelf Space Optimization 326
9.6.1.3 Order Fulfillment & Logistics 326
TABLE 266 ORDER FULFILLMENT & LOGISTICS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 326
TABLE 267 ORDER FULFILLMENT & LOGISTICS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 327
9.6.1.3.1 Order Process Efficiency 327
9.6.1.3.2 Delivery Time Optimization 327
9.6.1.3.3 Returns Management 328
9.6.1.4 Pricing & Promotion Strategy 328
TABLE 268 PRICING & PROMOTION STRATEGY: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 328
TABLE 269 PRICING & PROMOTION STRATEGY: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 329
9.6.1.4.1 Dynamic Pricing Analysis 329
9.6.1.4.2 Promotion Effectiveness 329
9.6.1.4.3 Profit Margin Optimization 330
9.6.1.5 Others 330
TABLE 270 OTHER RETAIL & ECOMMERCE APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 330
TABLE 271 OTHER RETAIL & ECOMMERCE APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 331
9.7 ENERGY & UTILITIES 331
9.7.1 PROCESS MINING ENHANCES SUPPLY CHAIN AND MAINTENANCE PROCEDURES IN ENERGY & UTILITIES SECTOR 331
TABLE 272 PROCESS MINING MARKET, BY ENERGY & UTILITIES APPLICATION, 2018–2022 (USD MILLION) 332
TABLE 273 PROCESS MINING MARKET, BY ENERGY & UTILITIES APPLICATION, 2023–2028 (USD MILLION) 332
9.7.1.1 Energy Consumption Analysis 332
TABLE 274 ENERGY CONSUMPTION ANALYSIS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 333
TABLE 275 ENERGY CONSUMPTION ANALYSIS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 333
9.7.1.1.1 Energy Efficiency Improvement 333
9.7.1.1.2 Energy Demand Forecasting 334
9.7.1.1.3 Renewable Energy Integration 334
9.7.1.2 Asset Management & Predictive Maintenance 334
TABLE 276 ASSET MANAGEMENT & PREDICTIVE MAINTENANCE: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 335
TABLE 277 ASSET MANAGEMENT & PREDICTIVE MAINTENANCE: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 335
9.7.1.2.1 Equipment Reliability Analysis 336
9.7.1.2.2 Asset Performance Optimization 336
9.7.1.2.3 Grid Resilience Enhancement 336
9.7.1.3 Grid & Distribution Optimization 337
TABLE 278 GRID & DISTRIBUTION OPTIMIZATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 337
TABLE 279 GRID & DISTRIBUTION OPTIMIZATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 338
9.7.1.3.1 Grid Performance Analysis 338
9.7.1.3.2 Distribution Network Efficiency 338
9.7.1.3.3 Smart Grid Implementation 339
9.7.1.4 Environmental Compliance 339
TABLE 280 ENVIRONMENTAL COMPLIANCE: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 340
TABLE 281 ENVIRONMENTAL COMPLIANCE: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 340
9.7.1.4.1 Emissions Monitoring & Reporting 340
9.7.1.4.2 Regulatory Compliance 341
9.7.1.4.3 Sustainability Initiatives 341
9.7.1.5 Others 341
TABLE 282 OTHER ENERGY & UTILITIES APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 342
TABLE 283 OTHER ENERGY & UTILITIES APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 342
9.8 TRANSPORTATION & LOGISTICS 342
9.8.1 GROWING DEMAND FOR MORE AGILE AND RESPONSIVE SUPPLY CHAIN TO DRIVE MARKET 342
TABLE 284 PROCESS MINING MARKET, BY TRANSPORTATION & LOGISTICS APPLICATION, 2018–2022 (USD MILLION) 343
TABLE 285 PROCESS MINING MARKET, BY TRANSPORTATION & LOGISTICS APPLICATION, 2023–2028 (USD MILLION) 343
9.8.1.1 Route Optimization 344
TABLE 286 ROUTE OPTIMIZATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 344
TABLE 287 ROUTE OPTIMIZATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 344
9.8.1.1.1 Transportation Route Efficiency 345
9.8.1.1.2 Delivery Time Monitoring 345
9.8.1.1.3 Fleet Management 345
9.8.1.2 Inventory & Warehouse Management 346
TABLE 288 INVENTORY & WAREHOUSE MANAGEMENT: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 346
TABLE 289 INVENTORY & WAREHOUSE MANAGEMENT: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 346
9.8.1.2.1 Inventory Turnover Optimization 347
9.8.1.2.2 Warehouse Efficiency 347
9.8.1.2.3 Demand Forecasting 347
9.8.1.3 Logistics Visibility & Tracking 348
TABLE 290 LOGISTICS VISIBILITY & TRACKING: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 348
TABLE 291 LOGISTICS VISIBILITY & TRACKING: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 349
9.8.1.3.1 Supply Chain Visibility 349
9.8.1.3.2 Carrier Performance Analysis 349
9.8.1.3.3 Last-mile Delivery Optimization 350
9.8.1.4 Safety & Compliance 350
TABLE 292 SAFETY & COMPLIANCE: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 351
TABLE 293 SAFETY & COMPLIANCE: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 351
9.8.1.4.1 Driver Safety Monitoring 351
9.8.1.4.2 Regulatory Compliance 352
9.8.1.4.3 Incident & Accident Analysis 352
9.8.1.5 Others 352
TABLE 294 OTHER TRANSPORTATION & LOGISTICS APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 353
TABLE 295 OTHER TRANSPORTATION & LOGISTICS APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 353
9.9 GOVERNMENT & DEFENSE 353
9.9.1 PROCESS MINING SERVES AS CRITICAL TOOL FOR MAINTAINING OPERATIONAL INTEGRITY IN GOVERNMENT & DEFENSE SECTOR 353
TABLE 296 PROCESS MINING MARKET, BY GOVERNMENT & DEFENSE APPLICATION, 2018–2022 (USD MILLION) 354
TABLE 297 PROCESS MINING MARKET, BY GOVERNMENT & DEFENSE APPLICATION, 2023–2028 (USD MILLION) 354
9.9.1.1 Citizen Services Improvement 355
TABLE 298 CITIZEN SERVICES IMPROVEMENT: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 355
TABLE 299 CITIZEN SERVICES IMPROVEMENT: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 355
9.9.1.1.1 Government Service Efficiency 356
9.9.1.1.2 Citizen Experience Enhancement 356
9.9.1.1.3 Compliance Monitoring 356
9.9.1.2 Public Health & Safety 357
TABLE 300 PUBLIC HEALTH & SAFETY: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 357
TABLE 301 PUBLIC HEALTH & SAFETY: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 358
9.9.1.2.1 Emergency Response Optimization 358
9.9.1.2.2 Disease Surveillance 358
9.9.1.2.3 Traffic Management 359
9.9.1.3 Regulatory Compliance & Auditing 359
TABLE 302 REGULATORY COMPLIANCE & AUDITING: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 360
TABLE 303 REGULATORY COMPLIANCE & AUDITING: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 360
9.9.1.3.1 Audit Trail Analysis 360
9.9.1.3.2 Data Privacy Compliance 361
9.9.1.3.3 Regulatory Reporting 361
9.9.1.4 Others 361
TABLE 304 OTHER GOVERNMENT & DEFENSE APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 362
TABLE 305 OTHER GOVERNMENT & DEFENSE APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 362
9.10 EDUCATION 362
9.10.1 NEED FOR INSTITUTIONS TO MEET NECESSARY BENCHMARKS AND MAINTAIN HIGH STANDARD OF EDUCATION TO PROPEL USE OF PROCESS MINING STRATEGIES 362
TABLE 306 PROCESS MINING MARKET, BY EDUCATION APPLICATION, 2018–2022 (USD MILLION) 363
TABLE 307 PROCESS MINING MARKET, BY EDUCATION APPLICATION, 2023–2028 (USD MILLION) 363
9.10.1.1 Student Lifecycle Management 364
TABLE 308 STUDENT LIFECYCLE MANAGEMENT: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 364
TABLE 309 STUDENT LIFECYCLE MANAGEMENT: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 364
9.10.1.1.1 Enrollment Process Optimization 365
9.10.1.1.2 Academic Performance Analysis 365
9.10.1.1.3 Student Support Services 365
9.10.1.2 Curriculum & Course Optimization 366
TABLE 310 CURRICULUM & COURSE OPTIMIZATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 366
TABLE 311 CURRICULUM & COURSE OPTIMIZATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 367
9.10.1.2.1 Curriculum Design Efficiency 367
9.10.1.2.2 Course Enrollment Analysis 367
9.10.1.2.3 Learning Outcome Improvement 368
9.10.1.3 Resource Allocation 368
TABLE 312 RESOURCE ALLOCATION: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 369
TABLE 313 RESOURCE ALLOCATION: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 369
9.10.1.3.1 Faculty Workload Balancing 369
9.10.1.3.2 Infrastructure Utilization 370
9.10.1.3.3 Budget Allocation Efficiency 370
9.10.1.4 Others 370
TABLE 314 OTHER EDUCATION APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 371
TABLE 315 OTHER EDUCATION APPLICATIONS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 371
9.11 OTHER VERTICALS 371
TABLE 316 OTHER VERTICALS: PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 372
TABLE 317 OTHER VERTICALS: PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 372
10 PROCESS MINING MARKET, BY REGION 373
10.1 INTRODUCTION 374
FIGURE 43 NORTH AMERICA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 374
FIGURE 44 US TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 375
TABLE 318 PROCESS MINING MARKET, BY REGION, 2018–2022 (USD MILLION) 375
TABLE 319 PROCESS MINING MARKET, BY REGION, 2023–2028 (USD MILLION) 375
10.2 NORTH AMERICA 376
10.2.1 NORTH AMERICA: PROCESS MINING MARKET DRIVERS 376
10.2.2 NORTH AMERICA: RECESSION IMPACT 376
FIGURE 45 NORTH AMERICA: PROCESS MINING MARKET SNAPSHOT 377
TABLE 320 NORTH AMERICA: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 378
TABLE 321 NORTH AMERICA: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 378
TABLE 322 NORTH AMERICA: PROCESS MINING MARKET, BY SOFTWARE, 2018–2022 (USD MILLION) 378
TABLE 323 NORTH AMERICA: PROCESS MINING MARKET, BY SOFTWARE, 2023–2028 (USD MILLION) 379
TABLE 324 NORTH AMERICA: PROCESS MINING MARKET, BY SERVICE, 2018–2022 (USD MILLION) 379
TABLE 325 NORTH AMERICA: PROCESS MINING MARKET, BY SERVICE, 2023–2028 (USD MILLION) 379
TABLE 326 NORTH AMERICA: PROCESS MINING MARKET, BY MINING ALGORITHM, 2018–2022 (USD MILLION) 380
TABLE 327 NORTH AMERICA: PROCESS MINING MARKET, BY MINING ALGORITHM, 2023–2028 (USD MILLION) 380
TABLE 328 NORTH AMERICA: PROCESS MINING MARKET, BY DATA SOURCE, 2018–2022 (USD MILLION) 381
TABLE 329 NORTH AMERICA: PROCESS MINING MARKET, BY DATA SOURCE, 2023–2028 (USD MILLION) 381
TABLE 330 NORTH AMERICA: PROCESS MINING MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 382
TABLE 331 NORTH AMERICA: PROCESS MINING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 382
TABLE 332 NORTH AMERICA: PROCESS MINING MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 383
TABLE 333 NORTH AMERICA: PROCESS MINING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 383
10.2.3 US 383
10.2.3.1 Rising demand for process mining solutions to contribute to market growth 383
TABLE 334 US: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 384
TABLE 335 US: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 384
10.2.4 CANADA 384
10.2.4.1 Growing adoption of insurance solutions by enterprises to drive market 384
TABLE 336 CANADA: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 385
TABLE 337 CANADA: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 385
10.3 EUROPE 385
10.3.1 EUROPE: PROCESS MINING MARKET DRIVERS 386
10.3.2 EUROPE: RECESSION IMPACT 386
FIGURE 46 EUROPE: PROCESS MINING MARKET SNAPSHOT 387
TABLE 338 EUROPE: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 387
TABLE 339 EUROPE: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 388
TABLE 340 EUROPE: PROCESS MINING MARKET, BY SOFTWARE, 2018–2022 (USD MILLION) 388
TABLE 341 EUROPE: PROCESS MINING MARKET, BY SOFTWARE, 2023–2028 (USD MILLION) 388
TABLE 342 EUROPE: PROCESS MINING MARKET, BY SERVICE, 2018–2022 (USD MILLION) 389
TABLE 343 EUROPE: PROCESS MINING MARKET, BY SERVICE, 2023–2028 (USD MILLION) 389
TABLE 344 EUROPE: PROCESS MINING MARKET, BY MINING ALGORITHM, 2018–2022 (USD MILLION) 389
TABLE 345 EUROPE: PROCESS MINING MARKET, BY MINING ALGORITHM, 2023–2028 (USD MILLION) 390
TABLE 346 EUROPE: PROCESS MINING MARKET, BY DATA SOURCE, 2018–2022 (USD MILLION) 390
TABLE 347 EUROPE: PROCESS MINING MARKET, BY DATA SOURCE, 2023–2028 (USD MILLION) 391
TABLE 348 EUROPE: PROCESS MINING MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 391
TABLE 349 EUROPE: PROCESS MINING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 392
TABLE 350 EUROPE: PROCESS MINING MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 392
TABLE 351 EUROPE: PROCESS MINING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 393
10.3.3 UK 393
10.3.3.1 Surge in demand for operational efficiency and streamlined business processes across diverse industries to drive growth 393
TABLE 352 UK: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 394
TABLE 353 UK: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 394
10.3.4 GERMANY 394
10.3.4.1 Growing emphasis on data-driven decision-making and actionable insights to boost market 394
TABLE 354 GERMANY: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 395
TABLE 355 GERMANY: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 395
10.3.5 FRANCE 395
10.3.5.1 Robust combination of economic stability and growing awareness regarding transformative potential of process optimization to drive adoption of process mining technologies 395
TABLE 356 FRANCE: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 396
TABLE 357 FRANCE: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 396
10.3.6 ITALY 396
10.3.6.1 Need for identifying and addressing inefficiencies in business processes to spur market expansion 396
TABLE 358 ITALY: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 397
TABLE 359 ITALY: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 397
10.3.7 SPAIN 397
10.3.7.1 Rising emphasis on recognizing importance of optimizing operational processes to strengthen use of process mining technologies 397
TABLE 360 SPAIN: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 398
TABLE 361 SPAIN: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 398
10.3.8 NETHERLANDS 398
10.3.8.1 Need for continuous improvement in businesses to fuel adoption of process mining solutions 398
TABLE 362 NETHERLANDS: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 399
TABLE 363 NETHERLANDS: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 399
10.3.9 REST OF EUROPE 399
TABLE 364 REST OF EUROPE: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 400
TABLE 365 REST OF EUROPE: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 400
10.4 ASIA PACIFIC 400
10.4.1 ASIA PACIFIC: PROCESS MINING MARKET DRIVERS 401
10.4.2 ASIA PACIFIC: RECESSION IMPACT 401
TABLE 366 ASIA PACIFIC: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 401
TABLE 367 ASIA PACIFIC: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 402
TABLE 368 ASIA PACIFIC: PROCESS MINING MARKET, BY SOFTWARE, 2018–2022 (USD MILLION) 402
TABLE 369 ASIA PACIFIC: PROCESS MINING MARKET, BY SOFTWARE, 2023–2028 (USD MILLION) 402
TABLE 370 ASIA PACIFIC: PROCESS MINING MARKET, BY SERVICE, 2018–2022 (USD MILLION) 403
TABLE 371 ASIA PACIFIC: PROCESS MINING MARKET, BY SERVICE, 2023–2028 (USD MILLION) 403
TABLE 372 ASIA PACIFIC: PROCESS MINING MARKET, BY MINING ALGORITHM, 2018–2022 (USD MILLION) 403
TABLE 373 ASIA PACIFIC: PROCESS MINING MARKET, BY MINING ALGORITHM, 2023–2028 (USD MILLION) 404
TABLE 374 ASIA PACIFIC: PROCESS MINING MARKET, BY DATA SOURCE, 2018–2022 (USD MILLION) 404
TABLE 375 ASIA PACIFIC: PROCESS MINING MARKET, BY DATA SOURCE, 2023–2028 (USD MILLION) 405
TABLE 376 ASIA PACIFIC: PROCESS MINING MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 405
TABLE 377 ASIA PACIFIC: PROCESS MINING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 406
TABLE 378 ASIA PACIFIC: PROCESS MINING MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 406
TABLE 379 ASIA PACIFIC: PROCESS MINING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 407
10.4.3 CHINA 407
10.4.3.1 Rising emphasis on enhancing operational efficiency and gaining competitive edge to drive market 407
TABLE 380 CHINA: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 408
TABLE 381 CHINA: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 408
10.4.4 INDIA 408
10.4.4.1 Growing awareness among businesses regarding potential benefits and transparency of process mining technologies to boost market 408
TABLE 382 INDIA: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 409
TABLE 383 INDIA: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 409
10.4.5 JAPAN 409
10.4.5.1 Rising demand to streamline production processes to leverage process mining solutions 409
TABLE 384 JAPAN: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 410
TABLE 385 JAPAN: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 410
10.4.6 SOUTH KOREA 410
10.4.6.1 Increasing investments in advanced analytics and artificial intelligence to drive growth of market 410
TABLE 386 SOUTH KOREA: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 411
TABLE 387 SOUTH KOREA: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 411
10.4.7 SINGAPORE 411
10.4.7.1 Increasing government initiatives and rising use of data analytics to contribute to market growth 411
TABLE 388 SINGAPORE: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 412
TABLE 389 SINGAPORE: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 412
10.4.8 AUSTRALIA & NEW ZEALAND 412
10.4.8.1 Strong focus on digital transformation to encourage market expansion 412
TABLE 390 AUSTRALIA & NEW ZEALAND: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 413
TABLE 391 AUSTRALIA & NEW ZEALAND: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 413
10.4.9 REST OF ASIA PACIFIC 413
TABLE 392 REST OF ASIA PACIFIC: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 414
TABLE 393 REST OF ASIA PACIFIC: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 414
10.5 MIDDLE EAST & AFRICA 414
10.5.1 MIDDLE EAST & AFRICA: PROCESS MINING MARKET DRIVERS 415
10.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 415
TABLE 394 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 416
TABLE 395 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 416
TABLE 396 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY SOFTWARE, 2018–2022 (USD MILLION) 416
TABLE 397 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY SOFTWARE, 2023–2028 (USD MILLION) 417
TABLE 398 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY SERVICE, 2018–2022 (USD MILLION) 417
TABLE 399 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY SERVICE, 2023–2028 (USD MILLION) 417
TABLE 400 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY MINING ALGORITHM, 2018–2022 (USD MILLION) 418
TABLE 401 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY MINING ALGORITHM, 2023–2028 (USD MILLION) 418
TABLE 402 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY DATA SOURCE, 2018–2022 (USD MILLION) 419
TABLE 403 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY DATA SOURCE, 2023–2028 (USD MILLION) 419
TABLE 404 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 420
TABLE 405 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 420
TABLE 406 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 421
TABLE 407 MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 421
10.5.3 SAUDI ARABIA 421
10.5.3.1 Government’s commitment to digital transformation and innovation to drive market growth 421
TABLE 408 SAUDI ARABIA: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 422
TABLE 409 SAUDI ARABIA: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 422
10.5.4 UAE 422
10.5.4.1 Increased investments by governments in emerging technologies to boost market growth 422
TABLE 410 UAE: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 423
TABLE 411 UAE: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 423
10.5.5 SOUTH AFRICA 423
10.5.5.1 Growing recognition of data-driven decision-making to encourage adoption of process mining solutions 423
TABLE 412 SOUTH AFRICA: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 424
TABLE 413 SOUTH AFRICA: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 424
10.5.6 TURKEY 425
10.5.6.1 Expansion of telecommunications sector to create opportunities for process mining market players 425
TABLE 414 TURKEY: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 425
TABLE 415 TURKEY: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 425
10.5.7 REST OF MIDDLE EAST & AFRICA 426
TABLE 416 REST OF MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 426
TABLE 417 REST OF MIDDLE EAST & AFRICA: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 426
10.6 LATIN AMERICA 427
10.6.1 LATIN AMERICA: PROCESS MINING MARKET DRIVERS 427
10.6.2 LATIN AMERICA: RECESSION IMPACT 428
TABLE 418 LATIN AMERICA: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 428
TABLE 419 LATIN AMERICA: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 428
TABLE 420 LATIN AMERICA: PROCESS MINING MARKET, BY SOFTWARE, 2018–2022 (USD MILLION) 429
TABLE 421 LATIN AMERICA: PROCESS MINING MARKET, BY SOFTWARE, 2023–2028 (USD MILLION) 429
TABLE 422 LATIN AMERICA: PROCESS MINING MARKET, BY SERVICE, 2018–2022 (USD MILLION) 430
TABLE 423 LATIN AMERICA: PROCESS MINING MARKET, BY SERVICE, 2023–2028 (USD MILLION) 430
TABLE 424 LATIN AMERICA: PROCESS MINING MARKET, BY MINING ALGORITHM, 2018–2022 (USD MILLION) 430
TABLE 425 LATIN AMERICA: PROCESS MINING MARKET, BY MINING ALGORITHM, 2023–2028 (USD MILLION) 431
TABLE 426 LATIN AMERICA: PROCESS MINING MARKET, BY DATA SOURCE, 2018–2022 (USD MILLION) 431
TABLE 427 LATIN AMERICA: PROCESS MINING MARKET, BY DATA SOURCE, 2023–2028 (USD MILLION) 432
TABLE 428 LATIN AMERICA: PROCESS MINING MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 432
TABLE 429 LATIN AMERICA: PROCESS MINING MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 433
TABLE 430 LATIN AMERICA: PROCESS MINING MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 433
TABLE 431 LATIN AMERICA: PROCESS MINING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 433
10.6.3 BRAZIL 434
10.6.3.1 Growing investments in technology infrastructure to bolster popularity of process mining technologies 434
TABLE 432 BRAZIL: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 434
TABLE 433 BRAZIL: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 434
10.6.4 MEXICO 435
10.6.4.1 Rapid growth of venture capital ecosystem to encourage start-ups to adopt process mining technologies 435
TABLE 434 MEXICO: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 435
TABLE 435 MEXICO: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 435
10.6.5 ARGENTINA 436
10.6.5.1 Growing awareness among industries regarding benefits of adopting process mining solutions to boost market 436
TABLE 436 ARGENTINA: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 436
TABLE 437 ARGENTINA: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 436
10.6.6 REST OF LATIN AMERICA 437
TABLE 438 REST OF LATIN AMERICA: PROCESS MINING MARKET, BY OFFERING, 2018–2022 (USD MILLION) 437
TABLE 439 REST OF LATIN AMERICA: PROCESS MINING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 437
11 COMPETITIVE LANDSCAPE 438
11.1 OVERVIEW 438
11.2 STRATEGIES ADOPTED BY KEY PLAYERS 438
TABLE 440 STRATEGIES ADOPTED BY KEY PROCESS MINING VENDORS 438
11.3 REVENUE ANALYSIS FOR KEY PLAYERS 440
FIGURE 47 BUSINESS SEGMENT REVENUE ANALYSIS, 2018–2022 (USD BILLION) 440
11.4 MARKET SHARE ANALYSIS 441
FIGURE 48 MARKET SHARE ANALYSIS FOR KEY PLAYERS, 2022 441
TABLE 441 PROCESS MINING MARKET: INTENSITY OF COMPETITIVE RIVALRY 442
11.5 BRAND/PRODUCT COMPARATIVE ANALYSIS 444
11.5.1 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY PROCESS DISCOVERY SOFTWARE 444
FIGURE 49 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY PROCESS DISCOVERY SOFTWARE 444
11.5.1.1 Appian 445
11.5.1.2 UiPath 445
11.5.1.3 Automation Anywhere 445
11.5.1.4 Nintex 445
11.5.2 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY CONFORMANCE CHECKING SOFTWARE 446
FIGURE 50 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY CONFORMANCE CHECKING SOFTWARE 446
11.5.2.1 Celonis 447
11.5.2.2 Software AG 447
11.5.2.3 QPR Software 447
11.5.2.4 Workfellow 447
11.5.3 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY PROCESS ENHANCEMENT & OPTIMIZATION SOFTWARE 448
FIGURE 51 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY PROCESS ENHANCEMENT & OPTIMIZATION SOFTWARE 448
11.5.3.1 Apromore 449
11.5.3.2 Mehrwerk 449
11.5.3.3 Skan.ai 449
11.5.3.4 Pegasystems 449
11.6 COMPANY EVALUATION MATRIX, 2022 450
11.6.1 STARS 450
11.6.2 EMERGING LEADERS 450
11.6.3 PERVASIVE PLAYERS 450
11.6.4 PARTICIPANTS 450
FIGURE 52 COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2022 451
11.6.5 COMPANY FOOTPRINT 452
TABLE 442 PRODUCT FOOTPRINT (17 COMPANIES) 452
TABLE 443 COMPANY FOOTPRINT, BY MINING ALGORITHM (17 COMPANIES) 453
TABLE 444 COMPANY FOOTPRINT, BY REGION (17 COMPANIES) 454
TABLE 445 OVERALL FOOTPRINT (17 COMPANIES) 455
TABLE 446 OVERALL PRODUCT FOOTPRINT ANALYSIS, 2023 456
11.7 START-UP/SME EVALUATION MATRIX, 2022 457
11.7.1 PROGRESSIVE COMPANIES 457
11.7.2 RESPONSIVE COMPANIES 457
11.7.3 DYNAMIC COMPANIES 457
11.7.4 STARTING BLOCKS 457
FIGURE 53 START-UP/SME EVALUATION MATRIX, 2022 458
11.7.5 COMPETITIVE BENCHMARKING 458
TABLE 447 DETAILED LIST OF START-UPS/SMES 458
TABLE 448 COMPETITIVE BENCHMARKING OF START-UPS/SMES 460
11.8 VALUATION AND FINANCIAL METRICS OF KEY PROCESS MINING VENDORS 461
FIGURE 54 EV/EBITDA OF KEY PROCESS MINING VENDORS 461
FIGURE 55 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY PROCESS MINING VENDORS 461
11.9 COMPETITIVE SCENARIO AND TRENDS 462
11.9.1 PRODUCT LAUNCHES & ENHANCEMENTS 462
TABLE 449 PRODUCT LAUNCHES & ENHANCEMENTS, 2022–2023 462
11.9.2 DEALS 464
TABLE 450 DEALS, 2019–2023 464
12 COMPANY PROFILES 467
12.1 INTRODUCTION 467
(Business overview, Products/Solutions/Services offered, Recent developments & MnM View)*
12.2 KEY PLAYERS 467
12.2.1 IBM 467
TABLE 451 IBM: BUSINESS OVERVIEW 467
FIGURE 56 IBM: COMPANY SNAPSHOT 468
TABLE 452 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 468
TABLE 453 IBM: PRODUCT LAUNCHES AND ENHANCEMENTS 469
TABLE 454 IBM: DEALS 469
12.2.2 ABBYY 471
TABLE 455 ABBYY: BUSINESS OVERVIEW 471
TABLE 456 ABBYY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 471
TABLE 457 ABBYY: PRODUCT LAUNCHES AND ENHANCEMENTS 472
TABLE 458 ABBYY: DEALS 472
12.2.3 CELONIS 474
TABLE 459 CELONIS: BUSINESS OVERVIEW 474
TABLE 460 CELONIS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 474
TABLE 461 CELONIS: PRODUCT LAUNCHES AND ENHANCEMENTS 475
TABLE 462 CELONIS: DEALS 476
12.2.4 UIPATH 478
TABLE 463 UIPATH: BUSINESS OVERVIEW 478
FIGURE 57 UIPATH: COMPANY SNAPSHOT 479
TABLE 464 UIPATH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 479
TABLE 465 UIPATH: PRODUCT LAUNCHES AND ENHANCEMENTS 480
TABLE 466 UIPATH: DEALS 481
12.2.5 SOFTWARE AG 482
TABLE 467 SOFTWARE AG: BUSINESS OVERVIEW 482
FIGURE 58 SOFTWARE AG: COMPANY SNAPSHOT 483
TABLE 468 SOFTWARE AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 483
TABLE 469 SOFTWARE AG: PRODUCT LAUNCHES AND ENHANCEMENTS 484
TABLE 470 SOFTWARE AG: DEALS 484
12.2.6 SAP SIGNAVIO 486
TABLE 471 SAP SIGNAVIO: BUSINESS OVERVIEW 486
TABLE 472 SAP SIGNAVIO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 486
TABLE 473 SAP SIGNAVIO: PRODUCT LAUNCHES AND ENHANCEMENTS 487
TABLE 474 SAP SIGNAVIO: DEALS 488
12.2.7 MICROSOFT 489
TABLE 475 MICROSOFT: BUSINESS OVERVIEW 489
FIGURE 59 MICROSOFT: COMPANY SNAPSHOT 490
TABLE 476 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 490
TABLE 477 MICROSOFT: PRODUCT LAUNCHES AND ENHANCEMENTS 491
TABLE 478 MICROSOFT: DEALS 491
12.2.8 QPR SOFTWARE 492
TABLE 479 QPR SOFTWARE: BUSINESS OVERVIEW 492
FIGURE 60 QPR SOFTWARE: COMPANY SNAPSHOT 493
TABLE 480 QPR SOFTWARE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 493
TABLE 481 QPR SOFTWARE: PRODUCT LAUNCHES AND ENHANCEMENTS 494
TABLE 482 QPR SOFTWARE: DEALS 494
12.2.9 PEGASYSTEMS 495
TABLE 483 PEGASYSTEMS: BUSINESS OVERVIEW 495
FIGURE 61 PEGASYSTEMS: COMPANY SNAPSHOT 496
TABLE 484 PEGASYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 496
TABLE 485 PEGASYSTEMS: PRODUCT LAUNCHES AND ENHANCEMENTS 497
TABLE 486 PEGASYSTEMS: DEALS 497
12.2.10 APPIAN 498
TABLE 487 APPIAN: BUSINESS OVERVIEW 498
FIGURE 62 APPIAN: COMPANY SNAPSHOT 499
TABLE 488 APPIAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED 499
TABLE 489 APPIAN: PRODUCT LAUNCHES AND ENHANCEMENTS 500
TABLE 490 APPIAN: DEALS 500
12.2.11 SOROCO 501
12.2.12 MEHRWERK 501
12.2.13 KOFAX 502
12.2.14 IGRAFX 503
12.2.15 NINTEX 504
12.2.16 AUTOMATION ANYWHERE 505
12.2.17 HYLAND SOFTWARE 506
*Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
12.3 START-UPS/SMES 507
12.3.1 APROMORE 507
12.3.2 FLUXICON 508
12.3.3 BUSINESS OPTIX 509
12.3.4 STEREOLOGIC 510
12.3.5 WORKSOFT 511
12.3.6 DATAPOLIS 512
12.3.7 INVERBIS ANALYTICS 513
12.3.8 SKAN.AI 514
12.3.9 MINDZIE 515
12.3.10 CYCLONE ROBOTICS 516
12.3.11 UPFLUX 516
12.3.12 PUZZLEDATA 517
12.3.13 KYP.AI 518
12.3.14 WORKFELLOW 519
13 ADJACENT AND RELATED MARKETS 520
13.1 INTRODUCTION 520
13.2 BUSINESS PROCESS MANAGEMENT (BPM) MARKET 520
13.2.1 MARKET DEFINITION 520
13.2.2 MARKET OVERVIEW 520
13.2.2.1 Business process management market, by component 520
TABLE 491 BUSINESS PROCESS MANAGEMENT MARKET, BY COMPONENT, 2018–2025 (USD MILLION) 521
13.2.2.2 Business process management market, by business function 521
TABLE 492 BUSINESS PROCESS MANAGEMENT MARKET, BY BUSINESS FUNCTION, 2018–2025 (USD MILLION) 521
13.2.2.3 Business process management market, by deployment mode 522
TABLE 493 BUSINESS PROCESS MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2018–2025 (USD MILLION) 522
13.2.2.4 Business process management market, by organization size 522
TABLE 494 BUSINESS PROCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2018–2025 (USD MILLION) 522
13.2.2.5 Business process management market, by industry 522
TABLE 495 BUSINESS PROCESS MANAGEMENT MARKET, BY INDUSTRY, 2018–2025 (USD MILLION) 523
13.2.2.6 Business process management market, by region 523
TABLE 496 BUSINESS PROCESS MANAGEMENT MARKET, BY REGION, 2018–2025 (USD MILLION) 523
13.3 BUSINESS INTELLIGENCE MARKET 524
13.3.1 MARKET DEFINITION 524
13.3.2 MARKET OVERVIEW 524
13.3.2.1 Business intelligence market, by component 524
TABLE 497 BUSINESS INTELLIGENCE MARKET, BY COMPONENT, 2016–2019 (USD MILLION) 524
TABLE 498 BUSINESS INTELLIGENCE MARKET, BY COMPONENT, 2019–2025 (USD MILLION) 525
13.3.2.2 Business intelligence market, by deployment mode 525
TABLE 499 BUSINESS INTELLIGENCE MARKET, BY DEPLOYMENT MODE, 2016–2019 (USD MILLION) 525
TABLE 500 BUSINESS INTELLIGENCE MARKET, BY DEPLOYMENT MODE, 2019–2025 (USD MILLION) 525
13.3.2.3 Business intelligence market, by organization size 526
TABLE 501 BUSINESS INTELLIGENCE MARKET, BY ORGANIZATION SIZE, 2016–2019 (USD MILLION) 526
TABLE 502 BUSINESS INTELLIGENCE MARKET, BY ORGANIZATION SIZE, 2019–2025 (USD MILLION) 526
13.3.2.4 Business intelligence market, by business function 526
TABLE 503 BUSINESS INTELLIGENCE MARKET, BY BUSINESS FUNCTION, 2016–2019 (USD MILLION) 527
TABLE 504 BUSINESS INTELLIGENCE MARKET, BY BUSINESS FUNCTION, 2019–2025 (USD MILLION) 527
13.3.2.5 Business intelligence market, by industry vertical 527
TABLE 505 BUSINESS INTELLIGENCE MARKET, BY INDUSTRY VERTICAL, 2016–2019 (USD MILLION) 528
TABLE 506 BUSINESS INTELLIGENCE MARKET, BY INDUSTRY VERTICAL, 2019–2025 (USD MILLION) 528
13.3.2.6 Business intelligence market, by region 529
TABLE 507 BUSINESS INTELLIGENCE MARKET, BY REGION, 2016–2019 (USD MILLION) 529
TABLE 508 BUSINESS INTELLIGENCE MARKET, BY REGION, 2019–2025 (USD MILLION) 529
14 APPENDIX 530
14.1 DISCUSSION GUIDE 530
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 537
14.3 CUSTOMIZATION OPTIONS 539
14.4 RELATED REPORTS 539
14.5 AUTHOR DETAILS 540
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