WORK FLOW MANAGEMENT SYSTEM MARKET ANALYSIS
Work Flow Management System Market: Regional Insights
On the basis of geography, global workflow management market is classified into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected to be the largest share in the global work flow management system market over the forecast period. This is mainly due to high adoption of cloud-based solution and services particularly in the U.S. and Canada, which in turn increases cloud traffic. According to Coherent Market Insights analysis, in 2015, cloud traffic in North America was pegged at 1891 EB (Exabyte) and is estimated to reach 6844EB (Exabyte) by 2020. As the cloud has revolutionized workflow management, these exciting technologies are continually evolving, are more accessible, and are becoming increasingly adopted by almost every verticals. Cloud-based applications have allowed organizations to become far more agile in their response to new opportunities for efficiency, productivity and service delivery. Hence, increase in cloud traffic will positively impact on the growth of workflow management in this particular region.
Geographies covered: North America, Europe, Asia Pacific, Latin America, Middle East, and Africa
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