Business Process-as-a-Service (BPaaS) Market Research and Forecast Report 2023-2028

1. Global Business Process-as-a- Service (BPaaS) Market Research and Forecast Report 2023-2028 Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2022 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Business Process-as-a-Service(BPaaS) Market Research Report 2023-2028: According to the latest report by IMARC Group, titled "Business Process-as-a-Service (BPaaS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023- 2028," the global business process-as-a-service (BPaaS) market size reached US$ 60.8 Billion in 2022. Business process-as-a-service (BPaaS) refers to a software model that is widely used by multiple industries for outsourcing various business sites. It is a business process outsourcing (BPO) solution that is usually connected through cloud-based platforms or the web for offering a high-quality technological solution to the business. It generally covers the vertically integrated components of database, hardware components, optimized processes and the middleware and business application software. Some of the popular BPaaS platforms include IBM Blueworks Live and Google Adsense, which can either be used on a subscription or consumption basis. As a result, it helps business professionals to focus on core activities while improving the productivity and efficiency of the organization in a cost-efficient manner. Request for a PDF sample of this report: https://www.imarcgroup.com/business-process-as-a- service-market/requestsample

4. Report Description and Highlights Report Description Global Business Process-as-a-Service (BPaaS) Market Trends: The global market is primarily driven by a considerable increase in data generation across multiple industries. Moreover, rapid digitization on the global level has encouraged numerous businesses to heavily invest in the deployment of BPaaS platforms, which is creating a positive outlook for the market. Furthermore, the widespread adoption of the work-from-home (WFH) model in the corporate sector as a consequence of the rapid outbreak of coronavirus disease (COVID-19) has further propelled the market growth. Also, due to the rising incidences of data thefts and cybercrime activities across the globe, there has been a considerable rise in the uptake of the BPaaS model across businesses. In addition to this, various technological advancements and the widespread integration of the Internet of Things (IoT) and robotic process automation (RPA) with BPaas solutions are providing a boost to the market growth. Other factors, including significant improvements in the information technology (IT) sector, continuous innovations in the service solution, intensive business competition and extensive research and development (R&D) activities conducted by key players, are further contributing to the market growth.

5. Report Description and Highlights Report Description Looking forward, IMARC Group expects the market to reach a value of US$ 110.7 Billion by 2028, exhibiting at a CAGR of 9.16% during 2023-2028. View Report TOC, Figures and Tables: https://www.imarcgroup.com/business-process-as-a-service- market

6. Report Description and Highlights Report Description Key Market Segmentation The research report includes the following segments: Breakup by Process: •Human Resource Management •Accounting and Finance •Sales and Marketing •Supply Chain Management •Digital Asset Management •Others Breakup by Deployment Mode: •Private •Public •Hybrid Breakup by Organization Size: •Small and Medium-sized Enterprises •Large Enterprises

7. Report Description and Highlights Report Description Breakup by Industry Vertical: •Banking Financial Services and Insurance •Healthcare •Government •IT and Telecom •Manufacturing and Retail •Others Breakup by Region: •North America •Asia Pacific •Europe •Latin America •Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: •Accenture plc •Capgemini SE •Cognizant •Conduent Inc •Fujitsu Limited •HCL Technologies Limited •International Business Machines Corporation •Oracle Corporation •SAP SE •Tata Consultancy Services Limited •Tech Mahindra Limited •Wipro Limited

9. Key Questions Answered in the Report Report Description 1. 2. What was the size of the global business process-as-a-service (BPaaS) market in 2022? What is the expected growth rate of the global business process-as-a-service (BPaaS) market during 2023-2028? What are the key factors driving the global business process-as-a-service (BPaaS) market? What has been the impact of COVID-19 on the global business process-as-a-service (BPaaS) market? What is the breakup of the global business process-as-a-service (BPaaS) market based on the process? What is the breakup of the global business process-as-a-service (BPaaS) market based on the organization size? What is the breakup of the global business process-as-a-service (BPaaS) market based on the industry vertical? What are the key regions in the global business process-as-a-service (BPaaS) market? Who are the key players/companies in the global business process-as-a-service (BPaaS) market? 3. 4. 5. 6. 7. 8. 9.

10. Report DescriptionTable of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Business Process-as-a-Service (BPaaS) Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast

11. Report DescriptionTable of Contents 6 Market Breakup by Process 6.1 Human Resource Management 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Accounting and Finance 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Analytics 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Supply Chain Management 6.4.1 Market Trends 6.4.2 Market Forecast 6.5 Digital Asset Management 6.5.1 Market Trends 6.5.2 Market Forecast Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/business-process-as-a-service-market/toc

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14. Report Description and Highlights Report Description © 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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