The global Business-Process-as-a-Service (BPaaS) market was valued at US$ million in 2022 and is projected to reach US$ million by 2035, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Business process as a service (BPaaS) is a term for a specific kind of Web-delivered or cloud hosting service that benefits an enterprise by assisting with business objectives. Using the term (BPaaS) implies that the business process is being automated through a remote delivery model.
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, 2024-2035, ($ millions)
Global top five companies in 2022 (%)
The large enterprises segment is expected to have the largest market share during the forecast period, owing to the need to reduce the high Capital Expenditure (CAPEX) and Operating Expenditure (OPEX). Large enterprises have dedicated in-house IT resources and larger IT budgets to consider the adoption of the as-a-service model for their business processes. The Small and Medium-Sized Enterprises (SMEs) segment is expected to grow at the highest rate, owing to the high adoption of BPaaS solutions among the SMEs to gain operational efficiency and result in decreased CAPEX, desired outcomes, and improved business efficiency.
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, 2024-2035 ($ millions)
Global Business-Process-as-a-Service (BPaaS) Market Segment Percentages, by Type, 2022 (%)
- Operations
- Accounting and Finance
- Sales and Marketing
- Customer Service and Support
- Human Resource Management (HRM)
- Procurement and Supply Chain Management
- Others
Global Business-Process-as-a-Service (BPaaS) Market, by Application, 2018-2023, 2024-2035 ($ millions)
Global Business-Process-as-a-Service (BPaaS) Market Segment Percentages, by Application, 2022 (%)
- BFSI
- Telecom and IT
- Manufacturing
- eCommerce and Retail
- Healthcare
- Government
- Others
Global Business-Process-as-a-Service (BPaaS) Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions)
Global Business-Process-as-a-Service (BPaaS) Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
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:
- IBM
- SAP SE
- Oracle
- Accenture
- Capgemini
- Fujitsu
- TCS
- Cognizant
- Genpact
- EXL
- HCL
- Wipro
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.