Business Process-as-a-Service Market (Updated Version Available)

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 of cloud computing services is 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 and cloud-based services on 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.
The report offers detailed coverage of Business Process-as-a-Service industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Business Process-as-a-Service by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Business Process-as-a-Service market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.

First, this report covers the present status and the future prospects of the global Business Process-as-a-Service market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Accenture
Cognizant Technology Solutions
International Business Machines
Infosys
Tata Consultancy Services



At the same time, we classify Business Process-as-a-Service according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Business Process-as-a-Service market for the forecast period 2020 - 2025?
• What are the driving forces in the Business Process-as-a-Service market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Business Process-as-a-Service industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?