Business Process as a Service Market Report

Business Process as a Service Market Report 2030

The global business process-as-a-service (bpaas) market was valued at $46.1 billion in 2020, and is projected to reach $128.9 billion by 2030, growing at a CAGR of 11% from 2021 to 2030.

Download Free Sample: https://reports.valuates.com/request/sample/ALLI-Auto-1Q191/Business_Process_as_a_Service_BPaaS_Market_by_Application_HR_service_Finance_Accounting_Service_Analytics_Digital_Asset_and_Supply_Chain_Management_Deployment_Model_Private_Public_and_Hybrid_and_Industry_Vertical_BFSI_Healthcare_Telecommunication_IT_Retail_Manufacturing_Media_Entertainment_and_Retail_Global_Opportunity_Analysis_and_Industry_Forecast_2017_2023

Business process as a service, or BPaaS, is a type of business process outsourcing (BPO) delivered based on a cloud services model. BPaaS is connected to other services, including SaaS, PaaS and IaaS, and is fully configurable. In addition, BPaaS provides companies with the people, processes, and technology they need to operate as a pay-per-use service by making use of the availability and efficiency of a cloud-based system. Moreover, this approach to operations greatly reduces total cost of ownership by providing an on-demand solution based on services needed as opposed to purchasing a package deal tied into a single application.

Need for low-cost IT infrastructure, data accessibility, and increase in business process analytics among the BFSI sector drive the global business process as a service (BPaaS) market. Moreover, increase in cloud adoption across several industry verticals is boosting the market size. However, lack of IT skills and knowledge in underdeveloped nations restrict the growth of the market. On the contrary, rise in inclination toward cloud technology is expected to offer remunerative opportunities for expansion of the market during the forecast period.

The business process as a service market is segmented on the basis of deployment mode, enterprise size, application, industry vertical, and region. On the basis of deployment mode, the market is categorized into private, public, and hybrid. On the basis of enterprise size, the market is bifurcated into large enterprise and SMEs. The applications areas covered in the study include finance and accounting service, HR services, sales and marketing, customer service and support, procurement and supply chain, operations, and others. By industry vertical, it is classified into BFSI, IT and telecom, manufacturing, retail and ecommerce, healthcare, government, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players that operate in the business process as a service (BPaaS) market are Capgemini, Cognizant, FUJITSU, Genpact, IBM Corporation, Oracle Corporation, Tech Mahindra Limited, SAP SE, and Wipro Limited. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Download Regional Report: https://reports.valuates.com/request/regional/ALLI-Auto-1Q191/Business_Process_as_a_Service_BPaaS_Market_by_Application_HR_service_Finance_Accounting_Service_Analytics_Digital_Asset_and_Supply_Chain_Management_Deployment_Model_Private_Public_and_Hybrid_and_Industry_Vertical_BFSI_Healthcare_Telecommunication_IT_Retail_Manufacturing_Media_Entertainment_and_Retail_Global_Opportunity_Analysis_and_Industry_Forecast_2017_2023

Key Segmentation

By Type

● Public Cloud
● Private Cloud
● Hybrid

By Enterprise Size

● Large Enterprises
● SMEs

By Application

● Finance and Accounting Service
● HR Services
● Sales and Marketing
● Customer Service and Support
● Procurement and Supply Chain
● Operations
● Others

By Industry Vertical

● BFSI
● IT and Telecom
● Manufacturing
● Retail and E Commerce
● Healthcare
● Government
● Others

By Region

● North America
○ U.S.
○ Canada
● Europe
○ U.K.
○ Germany
○ France
○ Netherlands
○ Italy
○ Spain
○ Rest of Europe
● Asia-Pacific
○ China
○ India
○ Japan
○ Australia
○ South Korea
○ Rest of Asia-Pacific
● LAMEA
○ Latin America
○ Middle East
○ Africa

By Key Players
• Capgemini
• Cognizant
• FUJITSU
• Genpact
• IBM Corporation
• Oracle Corporation
• SAP SE
• Tech Mahindra Limited
• Wipro Limited

View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-1Q191/business-process-as-a-service-bpaas

Similar Reports:

1. https://reports.valuates.com/market-reports/QYRE-Auto-25Y6077/global-operation-business-process-as-a-service

2. https://reports.valuates.com/market-reports/QYRE-Auto-14A6093/global-business-process-management-bpm-training

3. https://reports.valuates.com/market-reports/QYRE-Auto-27W1693/global-mobile-business-process-management-bpm

4. https://reports.valuates.com/market-reports/QYRE-Othe-4A330/global-intelligent-business-process-management-suites-ibpms

5. https://reports.valuates.com/market-reports/QYRE-Auto-38F2100/global-business-document-work-process-management

https://reports.valuates.com/sitemap/html/reports/647
https://reports.valuates.com/sitemap/html/reports/648
https://reports.valuates.com/sitemap/html/reports/649

Phone:
U.S. (TOLL FREE) : +1 (315) 215-3225
India: +91 8040957137

Email Id:
Please reach us at sales@valuates.com

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.