Press release
Business Process As A Service (BPaaS) Market 2022 - Size, Share, Segments, Trends, Analysis, And Forecast
The global business process as a service (BPaaS) market size is expected to grow from $67.22 billion in 2021 to $75.07 billion in 2022 at a compound annual growth rate (CAGR) of 11.6%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The BPaaS market is expected to reach $109.59 billion in 2026 at a CAGR of 9.9%.The Business Research Company offers the Business Process As A Service (BPaaS) Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The Business Process as a Service (BPaaS) market consists of sales of business process services through cloud-based platform services. These can be any kind of business process solutions through the delivery of web-based services or cloud hosting services that benefits an organization to complete its business objectives and benefits business operations. BPaaS reduces the business costs of the operations by increased automations. It mixes Business Process Management (BPM) with one or more aspect of cloud deployment SaaS, PaaS, IaaS. Companies in BPaaS industry provides services on various platforms such as banking, advertising, marketing, industry operations and services, accounting and finance, customer service support and others.
Some key business process as a service (BPaaS) market players are Wipro, Capegemini, Fujitsu, Genpact, IBM, Cognizant, TCS, Oracle, SAP SE, HCL, EXL, ADP, LLC, DXC Technology, Tech Mahindra, Computer Science Corporation, Infosys Limited, NGA Human Resources, eBuilder Sweden, WNS, Northgatearinso, Neuvora, Verecloud, Adaptive Insights and Red Hat.
The countries covered in the global business process as a service (BPaaS) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global business process as a service (BPaaS) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Business Process As A Service (BPaaS) Market Segmentation:
By Process Type
1. HRM
2. Acconting and Finance
3. Sales and Marketing
4. Customer Service Support
5. Procurement and Supply Chain
6. Operations
By End-User
1. Banking
2. Financial Service, and Insurance (BFSI)
3. Telecom and IT
4. Manufacturing
5. Ecommerce Retail
6. Healthcare
7. Governments
By Deployment Service Type
1. SaaS
2. PaaS
3. IaaS
By Stream
1. BPO
2. BPA
3. BPM
See more on the report at https://www.thebusinessresearchcompany.com/report/business-process-as-a-service-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Business Process as a service (BPaaS) Market Characteristics
3. Business Process as a service (BPaaS) Market Trends And Strategies
4. Impact Of COVID-19 On Business Process as a service (BPaaS)
5. Business Process as a service (BPaaS) Market Size And Growth
……
26. Africa Business Process as a service (BPaaS) Market
27. Business Process as a service (BPaaS) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Business Process as a service (BPaaS) Market
29. Business Process as a service (BPaaS) Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the business process as a service (BPaaS) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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