Global Business Process As A Overview
Introduction:
Cloud service providers provide the service known as "business process as a service" (BPaaS). It helps an enterprise achieve its goals, which is advantageous. Utilizing BPaaS industry solutions helps lower labour costs. Pricing for BPaaS industry solutions is either subscription-based or based on consumption. Business process as a service (BaaS) refers to the provision of multitenancy-built, cloud-sourced BPO services (BPaaS). In situations where human process actors are necessary, services are frequently automated, and there is no publicly allotted labour pool for each client. In terms of business, the pricing plans are based on subscription or usage. Business Process as a Service (BPaaS) Market accounted for US$ 55.63 billion in 2020 and is estimated to be US$ 16.46 billion by 2030 and is anticipated to register a CAGR of 11.5%.
Global Business Process As A Dynamics
The primary driver of the target market's growth is the expanding use of technologies like cloud computing and business analytics in various businesses and the banking industry. For instance, over 88% of businesses employing the cloud in the U.K. and the U.S. reported cost savings in 2017, according to data released by Semantic Scholar Organization. However, 60% of businesses admitted that using the cloud to manage their infrastructures had reduced the requirement for an IT personnel. The target market may be hampered over the projection period by the fact that many businesses have not yet evolved into technologically sophisticated hubs with abundant digital content and IT infrastructure. But it is projected that greater BPaaS adoption among SMEs would lead to profitable business opportunities because of benefits like improved IT services and more flexible data access.
Global Business Process As A Segmentation
Source: Prophecy Market Insights
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The Global Business Process as a Service (BPaaS) Market is segmented based on business process, organization, application, and region.
On the basis of business process, the Global Business Process as a Service (BPaaS) Market is segmented into Human Resource Management, Accounting and Finance, Sales and Marketing, Customer Service and Support, Procurement and Supply Chain, Operations, and Others. On the basis of organization, the Global Business Process as a Service (BPaaS) Market is segmented into Small and Medium Enterprises and Large Enterprises. On the basis of application, the Global Business Process as a Service (BPaaS) Market is segmented into FSI, Telecom and IT, Manufacturing, Ecommerce and Retail, Healthcare, Government, and Others.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On basis of region the Global Business Process as a Service (BPaaS) Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of revenue, North America accounted for over two-fifths of the global business process-as-a-service market in 2020, and it is anticipated that it would continue to hold a dominant position by 2030. This is because there are significant businesses that provide cutting-edge solutions and make significant investments in products like managed marketing services, analytics, and payroll administration.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020– 2030 |
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Market representation |
Revenue in USD Billion & CAGR from 2020 to 2030 |
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Market Segmentation |
By Business Process – Human Resource Management, Accounting and Finance, Sales and Marketing, Customer Service and Support, Procurement and Supply Chain, Operations, and Others By Organization – Small and Medium Enterprises and Large Enterprises By Application – BFSI, Telecom and IT, Manufacturing, Ecommerce and Retail, Healthcare, Government, and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Business Process as a Service (BPaaS) report based on test, application, and region.
Global Business Process as a Service (BPaaS) Market, By Business Process:
- Human Resource Management
- Accounting and Finance
- Sales and Marketing, Customer Service and Support
- Procurement and Supply Chain
- Operations
- Others
Global Business Process as a Service (BPaaS) Market, By Organization:
- Small
- Medium Enterprises
- Large Enterprises
Global Business Process as a Service (BPaaS) Market, By Application:
- BFSI, Telecom and IT
- Manufacturing
- Ecommerce and Retail
- Healthcare
- Government
- Others
Global Business Process as a Service (BPaaS) Market, By Region:
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-
- North America
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- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Business Process As A Key Players
The key players operating the Global Business Process as a Service (BPaaS) Market includes Accenture plc, Wipro Limited, Tech Mahindra Limited, Cognizant Technology Solutions Corporation, Capgemini SE, Genpact Limited, IBM Corporation, Oracle Corporation, SAP SE, and Fujitsu Limited.
Global Business Process As A Company Profile
- Accenture plc*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Wipro Limited
- Tech Mahindra Limited
- Cognizant Technology Solutions Corporation
- Capgemini SE
- Genpact Limited
- IBM Corporation
- Oracle Corporation
- SAP SE
- Fujitsu Limited.
“*” marked represents similar segmentation in other categories in the respective section
Global Business Process As A Table of Contents
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Business Process
- Market Snippet, By Organization
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Global Business Process as a Service Market, By Business Process, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Human Resource Management
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Accounting and Finance
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Sales and Marketing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Customer Service and Support
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Procurement and Supply Chain
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Operations
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Business Process as a Service Market, Organization, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Small and Medium Enterprises
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Large Enterprises
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Business Process as a Service Market, By Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- BFSI
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Telecom and IT
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Manufacturing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Ecommerce and Retail
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Healthcare
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Government
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Business Process as a Service Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Overview
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-
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Business Process, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Organization, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Business Process, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Organization, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Business Process, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Organization, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Australia
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Business Process, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Organization, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Business Process, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Organization, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Accenture plc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Wipro Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Tech Mahindra Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Cognizant Technology Solutions Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Capgemini SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Genpact Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- IBM Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Oracle Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- SAP SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Fujitsu Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Accenture plc.
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
The Global Business Process as a Service (BPaaS) Market report segments the market basis of business process, organization, application, and region.
Growing need to improve business process agility at minimum cost is a key factor driving growth of the global business process as a service market.
North America business process as a service market accounted for major revenue share of the global business process as a service market and is further anticipated to maintain its dominance over the forecast period.
The leading players operating in the Global Business Process as a Service (BPaaS) Market includes Accenture plc, Wipro Limited, Tech Mahindra Limited, Cognizant Technology Solutions Corporation, Capgemini SE, Genpact Limited, IBM Corporation, Oracle Corporation, SAP SE, and Fujitsu Limited.