Business Process-as-a-Service (BPaaS) Market 2022 Size, Share, Growth, Trends, COVID-19 Impact Analysis, and Forecasts to 2028

The global Business Process-as-a-Service (BPaaS) market was valued at 5936.8 million in 2021 and is projected to reach US$ 13020 million by 2028, at a CAGR of 11.9% during the forecast period. The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028. HR Service Segment to Reach $ Million by 2028, with a % CAGR in next six years.

Business Process-as-a-Service (BPaaS) Market 2022-2028

A New Market Study, Titled “Business Process-as-a-Service (BPaaS) Market Upcoming Trends, Growth Drivers and Challenges” has been featured on fusionmarketresearch.

Description

This global study of the Business Process-as-a-Service (BPaaS) Market offers an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global Business Process-as-a-Service (BPaaS) industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

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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.

This report contains market size and forecasts of Business Process-as-a-Service (BPaaS) in Global, including the following market information: Global Business Process-as-a-Service (BPaaS) Market Revenue, 2017-2022, 2023-2028, ($ millions) Global top five companies in 2021 (%)

The global Business Process-as-a-Service (BPaaS) market was valued at 5936.8 million in 2021 and is projected to reach US$ 13020 million by 2028, at a CAGR of 11.9% during the forecast period. The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028. HR Service Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Business Process-as-a-Service (BPaaS) include Accenture, IBM, Cognizant technology Solutions Corporation, Tech Mahindra Capgemini, Fujitsu Limited, Genpact, Oracle Corporation, SAP SE and Wipro Limited. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

Fusion Market Research (FMR) has surveyed the Business Process-as-a-Service (BPaaS) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Competitor Analysis The report also provides analysis of leading market participants including: Key companies Business Process-as-a-Service (BPaaS) revenues in global market, 2017-2022 (Estimated), ($ millions) Key companies Business Process-as-a-Service (BPaaS) revenues share in global market, 2021 (%) Key companies Business Process-as-a-Service (BPaaS) sales in global market, 2017-2022 (Estimated), (K Units) Key companies Business Process-as-a-Service (BPaaS) sales share in global market, 2021 (%) Further, the report presents profiles of competitors in the market, key players include:

Accenture
IBM
Cognizant technology Solutions Corporation
Tech Mahindra Capgemini
Fujitsu Limited
Genpact
Oracle Corporation
SAP SE
Wipro Limited

Total Market by Segment: Global Business Process-as-a-Service (BPaaS) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

HR Service
Finance & Accounting Service
Analytics
Supply Chain Management
Digital Asset Management
Others (OMaaS and Managed Marketing Service)

Global Business Process-as-a-Service (BPaaS) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Banking, Financial Services, and Insurance (BFSI)
Healthcare
Government
Manufacturing
Retail
IT & Telecom

Market segment by Region, regional analysis covers

North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Table of Contents

1 Introduction to Research & Analysis Reports

2 Global Business Process-as-a-Service (BPaaS) Overall Market Size

3 Company Landscape

4 Market Sights by Product

5 Sights by Application

6 Sights by Region

7 Players Profiles

8 Conclusion

9 Appendix

What our report offers:

Market share assessments for the regional and country level segments
Strategic recommendations for the new entrants
Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:
Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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