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Business-Process-as-a-Service Market Growth Analysis By Top Leading Players -IBM, SAP SE, Oracle, Accenture, Capgemini, Fujitsu, TCS, Cognizant
Global Business-Process-as-a-Service Market 2018 Forecast to 2023Business 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.
This report studies the Business-Process-as-a-Service (BPaaS) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Business-Process-as-a-Service (BPaaS) market by product type and applications/end industries.
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.
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Companies Profiled in this report includes: IBM, SAP SE, Oracle, Accenture, Capgemini, Fujitsu, TCS, Cognizant, Genpact, EXL, HCL, Wipro
The Banking, Financial Services, and Insurance (BFSI) vertical is estimated to have the largest market share during the forecast period, owing to the adoption of cloud solutions, which has enhanced the focus on achieving competences and rebalancing the expenses on systems. The eCommerce and retail vertical is expected to grow at the highest rate, as BPaaS can help the small-sized and online retailers in improving their marketing, sales, and services' and lowering the cost of ownership.
As per the geographic analysis, North America is expected to hold the largest market share, due to the presence of the top BPaaS service providers, the globalization of managed cloud services, and the high adoption rate of cloud computing in this region. Asia Pacific (APAC) is expected to witness the highest growth rate in the BPaaS market during the forecast period, due to the increased adoption of BPaaS, owing to its agility, scalability, and efficient pay-per-usage benefits, with an enhanced cloud infrastructure and security.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Business-Process-as-a-Service (BPaaS).
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Table of Content:
1 Business-Process-as-a-Service (BPaaS) Market Overview
2 Manufacturers Profiles
2.1 IBM
2.1.1 Business Overview
2.1.2 Business-Process-as-a-Service (BPaaS) Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 IBM Business-Process-as-a-Service (BPaaS) Revenue, Gross Margin and Market Share (2016-2017)
2.2 SAP SE
2.2.1 Business Overview
2.2.2 Business-Process-as-a-Service (BPaaS) Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 SAP SE Business-Process-as-a-Service (BPaaS) Revenue, Gross Margin and Market Share (2016-2017)
2.3 Oracle
2.3.1 Business Overview
2.3.2 Business-Process-as-a-Service (BPaaS) Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Oracle Business-Process-as-a-Service (BPaaS) Revenue, Gross Margin and Market Share (2016-2017)
2.4 Accenture
3 Global Business-Process-as-a-Service (BPaaS) Market Competition, by Players
4 Global Business-Process-as-a-Service (BPaaS) Market Size by Regions
5 North America Business-Process-as-a-Service (BPaaS) Revenue by Countries
6 Europe Business-Process-as-a-Service (BPaaS) Revenue by Countries
7 Asia-Pacific Business-Process-as-a-Service (BPaaS) Revenue by Countries
8 South America Business-Process-as-a-Service (BPaaS) Revenue by Countries
9 Middle East and Africa Revenue Business-Process-as-a-Service (BPaaS) by Countries
10 Global Business-Process-as-a-Service (BPaaS) Market Segment by Type
11 Global Business-Process-as-a-Service (BPaaS) Market Segment by Application
12 Global Business-Process-as-a-Service (BPaaS) Market Size Forecast (2018-2023)
13 Research Findings and Conclusion
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