PUBLISHER: TechNavio | PRODUCT CODE: 1652947
PUBLISHER: TechNavio | PRODUCT CODE: 1652947
The business process management as a service (BPMaaS) market is forecasted to grow by USD 94441.7 million during 2024-2029, accelerating at a CAGR of 44.6% during the forecast period. The report on the business process management as a service (BPMaaS) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for process automation and digital transformation, demand for efficient business processes, and growing adoption of cloud-based services.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 34.2% |
CAGR | 44.6% |
Incremental Value | $94441.7 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's business process management as a service (BPMaaS) market is segmented as below:
By Deployment
By End-user
By Geographical Landscape
This study identifies the emergence of mobile BPM solutions as one of the prime reasons driving the business process management as a service (BPMaaS) market growth during the next few years. Also, increasing integration of internet of things (IoT) and emergence of ibpm will lead to sizable demand in the market.
The report on the business process management as a service (BPMaaS) market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading business process management as a service (BPMaaS) market vendors that include Accenture PLC, Appian Corp., BP Logix Inc., Capgemini Services SAS, Cloud Software Group Inc., Cognizant Technology Solutions Corp., ExlService Holdings Inc., Fujitsu Ltd., Genpact Ltd., getsix Polska Sp. z o.o., HCL Technologies Ltd., International Business Machines Corp., Oracle Corp., Pegasystems Inc., SAP SE, Software AG, Tata Consultancy Services Ltd., Tech Mahindra Ltd., Wipro Ltd., and WNS Holdings Ltd.. Also, the business process management as a service (BPMaaS) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.