Global Business Process Management As Overview
Introduction:
Business process management is a combination of methods that are used to manage a company's business processes. Business process management is a discipline that assists in improvement of end-to-end business process by monitoring, analyzing, modeling, and automating various business functions. The delivery of business process outsourcing services that are sourced from the cloud and constructed for multitenancy. Any organization who wants to improve their business they establish its business processes as a service. BpmaaS also facilitates digital transformation for organizations who want to manage their business processes through the cloud. The Business Process Management as a Service (BpmaaS) Market accounted for US$ 17.34 billion in 2020 and is estimated to be US$ 171.17 billion by 2030 and is anticipated to register a CAGR of 26.0%.
Global Business Process Management As Dynamics
Adoption of Cloud Computing
The management of large data in an organization and accepting the cloud storage technology is the major driving factor for the target market growth. AI is gaining much more attraction across the corporate sector resulting business advancement. Various sector such as banking, financial service, and insurance sectors generated a demand for BPM. As the industry is indicative of economic and financial crises. Another factor that rises the growth this market is the regular update of financial institutions.
However, limited awareness amongst enterprises about the concept of process management, they are unaware of the necessities and benefits offered by the system this might hamper the growth of this market.
Global Business Process Management As Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report
The global business process management as a service market is segmented based on deployment, end users, and region.
On the basis of deployment, the global business process management as a service market is segmented into Cloud BPM and On-Premise BPM. Based on end users, the target market is segmented into BFSI, Manufacturing, and Retail.
Regional Insights:
The global business process management as a service market accounted for US$ 17.34 billion in 2020 and is estimated to be US$ 171.17 billion by 2030 and is anticipated to register a CAGR of 26.0%. On region the global business process management as a service market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for highest market share in the forecast period. This region acts as the leading global cloud providers, contributing in generation of highest revenue. Asia-Pacific is witnessing considerable growth during the forecast period in business process management as a service market within this region. India is one of the leading countries in the region, offering IT-BPM outsourcing services.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
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Market Segmentation |
By Deployment- Cloud BPM and On-Premise BP By End Users– BFSI, Manufacturing, and Retail |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global business process management as a service market report based on deployment, end users, and region.
Global Business Process Management as a Service Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Business Process Management As Key Players
The key players operating in the global business process management as a service market includes IBM, OpenText, Pegasystems, CSC, Oracle and SAP SE, Accenture, Red Hat, and Wipro.
Global Business Process Management As Company Profile
- IBM
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Open Text
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Pegasystems
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CSC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Oracle
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SAP SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Accenture
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Red Hat
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Wipro
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Business Process Management As Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Business Process Management as a Service Strategies
- Key Questions this Study will Answer
- Market Snippet, By Deployment
- Market Snippet, By End User
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Business Process Management as a Service Market, By Deployment 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Cloud BPM
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- On-Premise BPM
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Business Process Management as a Service Market, By End Users 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- BFSI
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Manufacturing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Retail
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Business Process Management as a Service Market, By Region, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Deployment, 2020 – 2030
- Market Size and Forecast (US$ Bn), By End User, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Deployment, 2020 – 2030
- Market Size and Forecast (US$ Bn), By End User, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Deployment, 2020 – 2030
- Market Size and Forecast (US$ Bn), By End User, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Deployment, 2020 – 2030
- Market Size and Forecast (US$ Bn), By End User, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Deployment, 2020 – 2030
- Market Size and Forecast (US$ Bn), By End User, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- IBM
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Open Text
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Pegasystems
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CSC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Oracle
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SAP SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Accenture
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Red Hat
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Wipro
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The global business process management as a service market is segmented based on deployment, end users, and region.
Rising adoption of cloud computing is the major factor driving growth of the global market
North America accounts for highest market share in the forecast period in this business process management.
Key players operating in the global business process management as a service (Bpmaas) market include IBM, OpenText, Pegasystems, CSC, Oracle and SAP SE, Accenture, Red Hat, and Wipro.