Press release
Market Insights : Global Business Process-as-a-Service (BPaaS) Market Research Report 2018-2025 | Accenture, IBM, Fujitsu Limited
QYResearchReports
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.
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The report also provides a clear picture of the Business Process-as-a-Service (BPaaS) market’s competitive ecosystem. It does in that capacity by using analytic tools, for instance, Porter's Five Forces Analysis and SWOT Analysis. It elucidates on how simple or complicate it is for a new player to enter the market at this point. It provides data on a comparative note with the aim to enable vendors to strategize their frameworks carefully. The report moreover gives the regard tie examination to the market for Business Process-as-a-Service (BPaaS).
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.
In 2018, the global Business Process-as-a-Service (BPaaS) market size was 4560 million US$ and it is expected to reach 19900 million US$ by the end of 2025, with a CAGR of 20.2% during 2019-2025.
This report focuses on the global Business Process-as-a-Service (BPaaS) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Business Process-as-a-Service (BPaaS) development in United States, Europe and China.
The key players covered in this study
Accenture
IBM
Cognizant technology Solutions Corporation
Tech Mahindra Capgemini
Fujitsu Limited
Genpact
Oracle Corporation
SAP SE
Wipro Limited
Market segment by Type, the product can be split into
HR Service
Finance & Accounting Service
Analytics
Supply Chain Management
Digital Asset Management
Others (OMaaS and Managed Marketing Service)
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Market segment by Application, split into
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Government
Manufacturing
Retail
IT & Telecom
Others (Business Service Providers, Media & Entertainment, and Hospitality)
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze and study the global Business Process-as-a-Service (BPaaS) capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Business Process-as-a-Service (BPaaS) manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Business Process-as-a-Service (BPaaS) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Business Process-as-a-Service (BPaaS) Manufacturers
Business Process-as-a-Service (BPaaS) Distributors/Traders/Wholesalers
Business Process-as-a-Service (BPaaS) Subcomponent Manufacturers
Industry Association
Downstream Vendors
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