Business Rules Management System (BRMS) Market Outlook 2026 By Component, Size, Share, Trends, Opportunity
According to TechSci Research, Global Business Rules Management System (BRMS) market is forecast to exhibit a CAGR of more than 7% during the forecast period, growing from approximately $ 689 million in 2020, on account of surging demand for managing regulatory and policy compliance needs, globally. Business rules management system (BRMS) is a software used to install, outline, perform and monitor the complexity of decision logic used in an organization. Moreover, enterprises are adopting BRMS software, as it offers low dependency on IT team for changing business rules, lower costs and Line of Business (LOB) control over implemented decision logics, etc. Business Rules Management System (BRMS) market can be segmented based on component, organization size, deployment mode and vertical. In terms of component, the market can be bifurcated into software and services. Services segment includes support & maintenance service, integration & deployment services and training & ...