Business Process as a Service (BPaaS) Market Size to Hit $128.9 Billion by 2030 - Strategic Analysis

Growing demand for affordable IT infrastructure, data access, and business process analytics fuels BPaaS market growth in the BFSI sector.

WILMINGTON, DE, UNITED STATES, June 27, 2025 /EINPresswire.com/ -- According to the report, the global business process as a service (BPaaS) market generated $46.1 billion in 2020, and is expected to reach $128.9 billion by 2030, witnessing a CAGR of 11.0% from 2021 to 2030.

The business process services model is a service-oriented one, with well-defined interfaces to optimize service delivery and use. Business process as a service (BPaaS) often connects technologies such as Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and IT as a Service (ITaaS) to completely automate business processes.

Request Sample Report (Get Full Insights in PDF - 275 Pages) at: https://www.alliedmarketresearch.com/request-sample/2382

For instance, BPaaS can handle all credit card transactions of a business through cloud-hosted networks instead of businesses manually handling them or storing them in a central database. Furthermore, need for low-cost IT infrastructure, data accessibility, and increase in the business process analytics in BFSI sector drive the growth of the global business process as a service market.

Moreover, increase in cloud adoption across several industry verticals has boosted the BPaaS market size. However, lack of IT skills and knowledge in underdeveloped nations restrict the growth of the business process as a service market. On the contrary, rise in inclination toward cloud technology is expected to offer remunerative opportunities for expansion of the market during the forecast period.

The need for low-cost IT infrastructure & data accessibility and rise in requirement for business process analytics in the BFSI sector drive the growth of the global business process-as-a-service (BPaaS) market. However, lack of IT skills and knowledge in underdeveloped countries restrain the market growth. On the contrary, increase in inclination toward implementation of cloud technology is expected to provide opportunities in the coming years.

Buy Now & Get Exclusive Report at: https://www.alliedmarketresearch.com/business-process-as-a-service-bpaas-market/purchase-options

Covid-19 Scenario

1. During the Covid-19 pandemic, the business process as-a-service industry witnessed significant growth with rise in demand in services with changes in operating models.

2. The rise in complexity of enterprise IT challenges and increase in data and cloud implementation led to the adoption of BPaaS during the pandemic.

3. The demand from the BFSI sector increased with the rise in number of online transaction volumes and the demand for data protection.

Based on deployment mode, the public cloud segment accounted for the largest market share in 2020, contributing to nearly two-thirds of the global business process-as-a-service market, and is projected to continue its lead position in terms of revenue throughout the forecast period. This is due to benefits such as direct IT control, in-house data delivery & management, rapid data availability, efficient resource utilization, and cost effectiveness. However, the hybrid segment is projected to witness the largest CAGR of 13.4% from 2021 to 2030, owing to rise in data generated from big data analytics, internet of things, social media platforms, business applications, and financial services.

Based on industry vertical, the BFSI segment contributed to the highest market share in 2020, accounting for nearly one-fourth of the global business process-as-a-service market, and is expected to maintain its leadership status during the forecast period. This is attributed to increased productivity by reducing investments in hardware & software, high level of data protection, and efficient responses to customers. However, the IT and telecom segment is projected to manifest the fastest CAGR of 13.8% from 2021 to 2030. This is owing to reduced staff expenditure and maintenance costs of physical infrastructure.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2382

Based on region, North America held the highest market share in terms of revenue in 2020, contributing to around two-fifths of the global business process-as-a-service industry, and is expected to maintain its dominance by 2030. This is due to the presence of major players that offer advanced solutions and invest heavily in solutions such as payroll administration, managed marketing services, and analytics. However, Asia-Pacific is projected to register the fastest CAGR of 13.0% during the forecast period. This is attributed to ensure low cost networking, servers, virtual data centers, storage solution, and easy accessibility of virtual computing from any devices and locations.

Leading Market Players:

Accenture, Inc.
Capgemini
Cognizant
FUJITSU
Genpact
IBM Corporation
Oracle Corporation
SAP SE
Tech Mahindra Limited
Wipro Limited

These players have adopted various strategies to increase their market penetration and strengthen their position in the business process as a service industry.

Key Benefits for Stakeholders:

1. The study provides an in-depth analysis of the global business process as a service market forecast, along with current & future trends to explain the imminent investment pockets.

2. Information about key drivers, restraints, & opportunities and their impact analysis on global business process as a service market trends is provided in the report.

3. Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.

4. The business process as a service market analysis from 2021 to 2030 is provided to determine the market potential.

If you have any special requirements, Request customization: https://www.alliedmarketresearch.com/request-for-customization/2382

Other Trending Reports:

1. HVAC Cables Market

2. Apparel Software Market

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm the utmost data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: + 1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com

David Correa
Allied Market Research
+ 1800-792-5285
email us here
Visit us on social media:
LinkedIn
Facebook
YouTube
X

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.