The China market dominated the Asia Pacific Process Mining Software Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $2.09 billion by 2031. The Japan market is registering a CAGR of 54.7% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 56.6% during 2024-2031.
The adoption of process mining software has accelerated dramatically in recent years, driven by the growing recognition of its value in navigating complex business environments. Early adopters, primarily large enterprises with intricate IT landscapes, paved the way by demonstrating tangible benefits such as cost reduction and improved process transparency.
The COVID-19 pandemic catalyzed adoption as businesses scrambled to adapt to remote work and supply chain disruptions. During this period, industries like healthcare and logistics turned to process mining to maintain operational continuity, highlighting its role in building resilience. Meanwhile, the rise of cloud-based deployment models has democratized access, enabling SMEs to adopt process mining without the burden of heavy upfront investments in on-premises infrastructure.
Process mining software is gaining momentum worldwide as organizations increasingly adopt digital transformation initiatives to optimize business processes, enhance operational efficiency, and reduce costs. In particular, India, China, and Australia present substantial opportunities to expand the market due to their respective investments in fintech, banking, software and IT services, and healthcare. China’s software and information technology services industry reached 12.33 trillion yuan (approximately $1.73 trillion) in business revenues in 2023, marking a 13.4% year-on-year growth. India’s banking sector remains one of the most stable in the world, with financial inclusion increasing significantly - from 53% of the population having bank accounts in FY16 to 78% in FY21. Furthermore, the fintech sector in India is experiencing accelerated growth, with a projected value of $150 billion by 2025, a significant increase from the $50 billion it generated in 2021. Australia’s healthcare sector is a major investment area, with an estimated $252.5 billion spent on health goods and services in 2022-23, averaging approximately $9,597 per person. Thus, India, China, and Australia are pumping funds into fintech, banking, software, IT, and healthcare. This paves the way for process mining software to take off.
List of Key Companies Profiled
- SAP SE (Signavio GmbH)
- Fujitsu Limited
- Software AG
- UiPath, Inc.
- Hyland Software, Inc.
- Kofax, Inc. (Thoma Bravo LLC)
- Apromore Pty. Ltd.
- IBM Corporation
- ABBYY Solutions Limited
- Celonis GmbH
Market Report Segmentation
By Deployment
- Cloud-based
- On-Premise
By Enterprise Type
- Large Enterprises
- SMEs
By Component
- Software
- Services
By Industry Vertical
- BFSI
- Manufacturing
- IT & Telecommunication
- Healthcare
- Retail
- Logistics & Transportation
- Other Industry Vertical
By Application
- Business Process Improvement
- Digital Transformation
- Auditing & Compliance
- Order Management
- Customer Satisfaction
- Other Application
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Companies Mentioned
- SAP SE (Signavio GmbH)
- Fujitsu Limited
- Software AG
- UiPath, Inc.
- Hyland Software, Inc.
- Kofax, Inc. (Thoma Bravo LLC)
- Apromore Pty. Ltd.
- IBM Corporation
- ABBYY Solutions Limited
- Celonis GmbH
Methodology
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