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    By 2022 Case Management Market Size expected to expand $7.62 Billion
    (I-BusinessNews.Com, July 14, 2021 ) According to market research report "Case Management Market by Component (Solution and Services), Service (Professional Services and Managed Services), Business Function, Deployment Mode (Cloud and On-premises), Organization Size, Vertical, and Region - Global Forecast to 2022", The case management market is expected to grow from USD 4.79 Billion in 2017 to USD 7.62 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period.

    The major forces driving the case management market growth are the ongoing trend of digitalization in the IT industry and increasing demand for software automation and innovative applications.

    Browse and in-depth TOC on “Case Management Market”
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    The retail vertical is expected to grow at the highest CAGR in the case management market during the forecast period.

    The retail vertical is expected to witness the fastest growth rate, as the vertical has increased its spending in Customer Relationship Management (CRM) to manage customers’ needs, thereby helping enterprises in the vertical increase the efficiency of their business processes. IT has become an essential part of every retail business and has streamlined customer-centric processes in the retail vertical. Companies are trying to improve their competitive edge, exceed customer expectations, and increase revenues.

    North America is expected to contribute to the largest market share, whereas Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period.

    North America is expected to have the largest market share and dominate the case management market during the forecast period, due to the high number of early technology adopters in this region. Specific budget allocations and mandated case management policies are expected to make North America the most lucrative region for the growth of case management vendors. The increasing demand for case management solutions in major verticals, such as government; Banking, Financial Services, and Insurance (BFSI); and retail, is expected to be a major factor supporting the overall growth of the case management market in the region. The market in APAC is expected to grow at the highest CAGR during the forecast period. The main reason for this high growth is the widespread adoption of case management solutions in both Small and Medium-sized Enterprises (SMEs) and large enterprises to simplify their business processes.

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    The solution segment is estimated to have the larger market share in the case management market in 2017.

    The demand for case management solutions is increasing in organizations, irrespective of the organization size. The deployment of case management solutions varies according to the different needs of the end-users. The large enterprises segment is estimated to dominate the market with the larger market size, as large organizations in industries, such as banking and government, have various complex business processes.

    The major case management vendors include Pegasystems (US), Appian (US), IBM (US), Newgen Software (India), DST Systems (US), Dell Technologies (US), AINS (US), Pulpstream (US), and Kofax (US).

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    Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

    MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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