Business Process as a Service (BPaaS) Market – Global Size, Share, Trends, Opportunity, and Forecast. 2017-2027 Segmented By Application (Finance and Accounting Service, HR Services, Sales and Marketing, Customer Service and Support, Procurement and Supply Chain, Operations, Others), By Deployment Mode (Public Cloud, Private Cloud, Hybrid), By Enterprise Size (Large Enterprises, Small & Medium Ent
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationBusiness Process as a Service (BPaaS) Market – Global Size, Share, Trends, Opportunity, and Forecast. 2017-2027 Segmented By Application (Finance and Accounting Service, HR Services, Sales and Marketing, Customer Service and Support, Procurement and Supply Chain, Operations, Others), By Deployment Mode (Public Cloud, Private Cloud, Hybrid), By Enterprise Size (Large Enterprises, Small & Medium Ent
Global business process as a service market is anticipated to grow at a steady pace in the forecast period, 2022-2027.
Market Dynamics & Major Driving Factors of BPaaS Market
For instance, Paypal employs BPaaS for its business services for loans and accounts and its online payment system. Additionally, BpaaS is the connection platform that Microsoft Skype VoIP utilizes while placing calls.
BPaaS Upcoming Latest Market Trends
Around 82% of IT (Information Technology) key players have adopted the hybrid cloud and around 47% are adopting public IaaS (infrastructure as a service) clouds in their business processes.
It is anticipated that the rapidly expanding business process management sector and the ongoing IT infrastructure improvements businesses are expected to positively influence the growth of the business process as a service market. The financial services industry is required to undergo continuous innovation due to the numerous regulations like the General Data Protection Regulation and Second Payment Services Directive. To change and digitize their operations and increase productivity and efficiency, several industry players have already shifted to SaaS and BPaaS solutions.
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Global Business Process as a Service Market is segmented based on Application, Deployment Mode, Enterprise Size, Industry Vertical, and Region. Based on the application, the market is divided into Finance and Accounting Service, HR Services, Sales and Marketing, Customer Service and Support, Procurement and Supply Chain, Operations, Others. Based on the
Market Players
Accenture, Inc, Capgemini, Cognizant, Fujitsu Limited, Genpact, IBM Corporation, Oracle Corporation, SAP SE, Tech Mahindra Limited, Wipro Limited are the leading players operating in the global business process as a service market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2022 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | · Application · Deployment Mode · Enterprise Size · Industry Vertical · Region |
| Regional scope | North America; United States; Canada; Mexico; Asia-Pacific; China; Indian; Japan; South Korea; Australia; Singapore; Malaysia; Europe; Germany; United Kingdom; France; Italy; Spain; Poland South America; Colombia; Brazil; Argentina; Peru; Chile; Middle East; Africa, Saudi Arabia; South Africa ;UAE ;Iraq ;Turkey |
| Country scope | |
| Key companies profiled | Accenture, Inc, Capgemini, Cognizant, Fujitsu Limited, Genpact, IBM Corporation, Oracle Corporation, SAP SE, Tech Mahindra Limited, Wipro Limited |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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