The global process mining market is projected to expand from US$ 1.21 billion in 2022 to US$ 22.64 billion by 2030, reflecting a remarkable CAGR of 44.2% during the period from 2022 to 2030.

In recent decades, the process mining sector has witnessed substantial growth, fueled by various factors such as the rising adoption of technology-driven applications and the integration of Robotic Process Automation (RPA) with process mining tools. Organizations across diverse industries are embracing digital transformation, primarily driven by automation initiatives. They are actively seeking technologies that can help minimize capital expenditures while enhancing operational efficiency.

Celonis, a leading player in the process mining arena, commands a significant share of the market due to its extensive range of product features and capabilities. Established in 2011, the German firm Celonis SE operates globally with offices in North America, Europe, and the Asia Pacific region. The company boasts a network of over 100 consulting and implementation partners and serves more than 1,000 clients across more than 30 countries. Celonis's process mining solutions empower organizations to manage their business processes through data-driven insights and intelligence. The company caters to a variety of sectors, including banking, consumer goods, healthcare, insurance, life sciences, pharmaceuticals, manufacturing, energy, public services, retail, telecommunications, and utilities. By leveraging Celonis's solutions, clients can enhance their business processes significantly. The tools provided by Celonis enable executives and users to continuously identify opportunities for improvement within and across various processes, allowing for swift execution of targeted actions to optimize performance. The advanced process mining technology that powers Celonis not only has a direct financial impact but also significantly improves customer satisfaction and reduces carbon emissions. With thousands of implementations worldwide and over 20 locations, Celonis is a truly global entity, headquartered in Munich, Germany, and New York City, USA. Notably, in 2023, Celonis was recognized in the top 20 of the Forbes Cloud 100 List, which ranks the top-performing 100 private cloud companies globally, marking its third consecutive year on the list.

Prominent players in the process mining market include Celonis SE, IBM Corporation, Software AG, QPR Software, Hyland Software, Inc., UiPath, Cloud Software Group, Inc. (TIBCO Software), ABBYY, Microsoft, and Fluxicon BV. Additionally, several other key market participants were examined in the process mining market analysis to provide a comprehensive understanding of the market landscape and its ecosystem.

The overall size of the process mining market has been determined through a combination of primary and secondary research methodologies. The research process commenced with extensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data pertinent to the process mining market forecast. This approach also aimed to provide an overview and growth forecast for the process mining market across all segments. Furthermore, numerous primary interviews were conducted with industry stakeholders and experts to validate the findings and gain deeper analytical insights into the subject matter. The interviewees included industry professionals such as Vice Presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the global process mining market.