Global Business Process-as-a-Service Market Expected to Witness Rapid Expansion by the End of 2025

Posted on 2018-07-20 by Mark Hub in Industrial, Technology // 0 Comments

Albany, US, 2018-Jul-20 — /EPR Network/ —: The market for Business Process-as-a-Service is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global Business Process-as-a-Service Market Size, Status and Forecast 2025” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the Business Process-as-a-Service sector is highlighted in the report which indicates a prosperous future.

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This report studies the global Business Process-as-a-Service market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Business Process-as-a-Service market by companies, region, type and end-use industry.

BPaaS covers a host of vertically integrated components of hardware infrastructure, database, middleware and business application software, optimized processes, and people. Nowadays, BPaaS models have demonstrated successful outcomes for various business processes and are being increasingly adopted by small and medium enterprises (SMEs).
The emergence ofcloud computing servicesis identified to be one of the major trends in the market. Greater flexibility of application and service customization is attracting customers to adopt cloud computing andcloud-based serviceson a larger scale. Acting as intermediaries between cloud service providers and businesses, cloud service brokers provide management and maintenance services to enterprises. Additionally, they also provide deliver deduplication, security, and data protection services to enterprises.
Accounting and finance is expected to hold the largest share in the business process as a service market in 2025.Owing to rising adoption of cloud solutions, focus on accounting and finance has increased so as to achieve proficiencies and rebalance expenses on the system.
The Asia Pacific market is expected to register the highest CAGR during the forecast period. Growth in the region can be attributed to increasing number of startups coming up in the retail and consumer goods sectors in countries such as China, India, and Japan. North America holds the largest share in the market. The U.S. government and the healthcare sector in the country have extensively adopted business process as a service owing to soaring adoption of cloud computing. In addition, strategic agreements and partnerships are helping to create awareness among users, further boosting the market.
In 2017, the global Business Process-as-a-Service market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

This report focuses on the global top players, covered
Accenture
Cognizant Technology Solutions
International Business Machines
Infosys
Tata Consultancy Services
…

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India

Market segment by Type, the product can be split into
HRM
Accounting and Finance
Sales and Marketing
Customer Service and Support
Procurement and Supply Chain
Operations
Legal and R&D

Market segment by Application, split into
BFSI
Telecom
Manufacturing
Healthcare
Government
Others

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Table of Contents

Global Business Process-as-a-Service Market Size, Status and Forecast 2025
1 Industry Overview of Business Process-as-a-Service
1.1 Business Process-as-a-Service Market Overview
1.1.1 Business Process-as-a-Service Product Scope
1.1.2 Market Status and Outlook
1.2 Global Business Process-as-a-Service Market Size and Analysis by Regions (2013-2018)
1.2.1 United States
1.2.2 Europe
1.2.3 China
1.2.4 Japan
1.2.5 Southeast Asia
1.2.6 India
1.3 Business Process-as-a-Service Market by Type
1.3.1 HRM
1.3.2 Accounting and Finance
1.3.3 Sales and Marketing
1.3.4 Customer Service and Support
1.3.5 Procurement and Supply Chain
1.3.6 Operations
1.3.7 Legal and R&D
1.4 Business Process-as-a-Service Market by End Users/Application
1.4.1 BFSI
1.4.2 Telecom
1.4.3 Manufacturing
1.4.4 Healthcare
1.4.5 Government
1.4.6 Others

2 Global Business Process-as-a-Service Competition Analysis by Players
2.1 Business Process-as-a-Service Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles
3.1 Accenture
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Business Process-as-a-Service Revenue (Million USD) (2013-2018)
3.2 Cognizant Technology Solutions
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Business Process-as-a-Service Revenue (Million USD) (2013-2018)
3.3 International Business Machines
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Business Process-as-a-Service Revenue (Million USD) (2013-2018)
3.4 Infosys
3.4.1 Company Profile

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