Looking forward, the business process-as-a-service (BPaaS) market value is projected to reach a strong growth during the forecast period (2022-2027). More info:- https://www.imarcgroup.com/business-process-as-a-service-market

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Global Business Process-as-a-
Service (BPaaS) Market
Research and Forecast
Report 2022-2027
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights Reserved

2. Report Description
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3. Report Description
Report Description and Highlights
Global Business Process-as-a-Service (BPaaS) Market Research Report:
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 2022-2027," the global
business process-as-a-service (BPaaS) market reached a value of US$ 53.63 Billion in 2021.
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.
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market/requestsample

4. Report Description
Report Description and Highlights
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.
On account of the aforementioned factors, the market is anticipated to reach a value of US$ 101.95
Billion by 2027, growing at a CAGR of 10.5% during 2022-2027.

5. Report Description
Report Description and Highlights
Market Summary:
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 Industry Vertical:
•Banking Financial Services and Insurance
•Healthcare
•Government
•IT and Telecom
•Manufacturing and Retail
•Others

6. Breakup by Organization Size:
•Small and Medium-sized Enterprises
•Large Enterprises
Breakup by Region:
•North America
• United States
• Canada
•Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
•Europe
• Germany
• France
Report Description
Report Description and Highlights

7. • United Kingdom
• Italy
• Spain
• Russia
• Others
•Latin America
• Brazil
• Mexico
• Argentina
• Columbia
• Chile
• Peru
• Others
•Middle East and Africa Turkey
•Saudi Arabia
•Iran
•United Arab Emirates
•Others
Report Description
Report Description and Highlights

8. 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.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/business-process-as-a-
service-market
Report Description
Report Description and Highlights

9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

10. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

11. Report Description
Report Description and Highlights
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