Business Process as a Service - Worldwide

  • Worldwide
  • Revenue in the Business Process as a Service market is projected to reach €68.89bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 11.87%, resulting in a market volume of €120.70bn by 2029.
  • The average spend per employee in the Business Process as a Service market is projected to reach €19.35 in 2024.
  • In global comparison, most revenue will be generated in the United States (€25,090.00m in 2024).

Key regions: United States, United Kingdom, Canada, Australia, Japan

 
Marché
 
Région
 
Comparaison de régions
 
Monnaie
 

Analyst Opinion

The Business Process as a Service market in the Public Cloud market is experiencing moderate growth worldwide. This can be attributed to factors such as slow adoption of digital technologies and lack of awareness among consumers. The market is expected to grow at a subdued rate due to these factors.

Customer preferences:
As businesses increasingly adopt cloud-based solutions, there is a growing demand for Business Process as a Service (BPaaS) offerings within the Public Cloud Market. This is driven by the need for cost-effective and efficient business processes, along with the flexibility and scalability of cloud-based solutions. Moreover, the rise of remote work and virtual collaboration has accelerated the adoption of BPaaS, as it allows for seamless and secure access to business processes from any location.

Trends in the market:
In the Business Process as a Service Market within the Public Cloud Market, there is a noticeable trend towards the adoption of Robotic Process Automation (RPA) to streamline and automate business processes. This trend is expected to continue as RPA offers cost-effective and efficient solutions for organizations looking to improve their operations. Additionally, there is a growing focus on integrating artificial intelligence (AI) capabilities into these processes, providing further optimization and decision-making support. This trend is significant as it enables businesses to achieve greater productivity and agility, while also reducing human error and costs. However, it may also lead to job displacement and require upskilling for employees in affected industries.

Local special circumstances:
In Japan, the Business Process as a Service Market within the Public Cloud Market is thriving due to the country's highly advanced technological infrastructure and strong government support for digital transformation. The market is also influenced by the unique business culture in Japan, which values efficiency and cost-effectiveness. Additionally, strict data protection laws and high standards for data security have also shaped the market dynamics, creating a demand for secure and compliant BaaS solutions.

Underlying macroeconomic factors:
The growth of the Business Process as a Service Market within the Public Cloud Market is heavily influenced by macroeconomic factors such as the overall health of the global economy, national fiscal policies, and technological advancements. Countries with strong economic growth and supportive regulatory environments are experiencing a higher adoption of public cloud services, particularly in the business process outsourcing sector. Additionally, the increasing demand for cost-effective and scalable solutions is driving the growth of the Business Process as a Service Market within the Public Cloud Market, as organizations seek to optimize their operations and reduce overhead costs. Moreover, the ongoing trend of digital transformation and the need for businesses to stay competitive in the global market are also contributing to the growth of the Public Cloud Market and, in turn, the Business Process as a Service Market.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Vue d’ensemble

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
Veuillez patienter

Contact

Des questions ? Nous nous ferons un plaisir de vous aider.
Statista Locations
Contact Camille Dubois
Camille Dubois
Customer Relations

Lun - Ven, 9:00 - 18:00 h (EST)

Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (États-Unis)

Lun - Ven, 9:00 - 18:00 h (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asie)

Lun - Ven, 9:00 - 17:00 h (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asie)

Lun - Ven, 10:00 - 18:00 h (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Lun - Ven, 9:00 - 18:00 h (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Amérique latine)

Lun - Ven, 9:00 - 18:00 h (EST)