Business Process-as-a-Service Market

Business process-as-a service (BPaaS) is a complete solution package offered by cloud service providers, such as Genpact, IBM Corporation, Fujitsu Limited, and Capgemini, to enable business process outsourcing (BPO) over a cloud computing service model. The objective of customary BPO services is to reduce labor expenses, which can be attained by using BPaaS industry solutions. The pricing model for BPaaS industry solutions is either consumption based or subscription based.
Business Process-as-a-Service Market aims to provide a comprehensive presentation of the global market for Business Process-as-a-Service (BPaaS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Business Process-as-a-Service (BPaaS). Business Process-as-a-Service Market contains market size and forecasts of Business Process-as-a-Service (BPaaS) in global, including the following market information:
Global Business Process-as-a-Service (BPaaS) Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Business Process-as-a-Service (BPaaS) market was valued at US$ 5936.8 million in 2022 and is projected to reach US$ 13020 million by 2030, at a CAGR of 11.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global BPaas market is driven by increase in cloud adoption among enterprises and extensive need to optimize business processes in North America, Europe, and Asia-Pacific. LAMEA is expected to hold the least market share as compared to other regions. Middle East and Africa are expected to gain traction in the near future, however, the growth is expected to be stable during the forecast period.
We surveyed the Business Process-as-a-Service (BPaaS) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Business Process-as-a-Service (BPaaS) Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Business Process-as-a-Service (BPaaS) Market Segment Percentages, by Type, 2022 (%)
HR Service
Finance & Accounting Service
Analytics
Supply Chain Management
Digital Asset Management
Others (OMaaS and Managed Marketing Service)
Global Business Process-as-a-Service (BPaaS) Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Business Process-as-a-Service (BPaaS) Market Segment Percentages, by Application, 2022 (%)
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Government
Manufacturing
Retail
IT & Telecom
Others (Business Service Providers, Media & Entertainment, and Hospitality)
Global Business Process-as-a-Service (BPaaS) Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Business Process-as-a-Service (BPaaS) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Business Process-as-a-Service (BPaaS) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Business Process-as-a-Service (BPaaS) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Accenture
IBM
Cognizant technology Solutions Corporation
Tech Mahindra Capgemini
Fujitsu Limited
Genpact
Oracle Corporation
SAP SE
Wipro Limited
Outline of Major Chapters:
Chapter 1: Introduces the definition of Business Process-as-a-Service (BPaaS), market overview.
Chapter 2: Global Business Process-as-a-Service (BPaaS) market size in revenue.
Chapter 3: Detailed analysis of Business Process-as-a-Service (BPaaS) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Business Process-as-a-Service (BPaaS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.