Business Process as a Service (BPaaS) Market & Cloud Business Process Management (BPM) Market worth $7.12 Billion By 2018

DALLAS, June 18, 2013 /PRNewswire/ --

The Report on "Business Process as A Service (BPaaS) & Cloud BPM Market By Process Outsourcing (Sales, Finance and Accounting, Human Resources, Marketing, Operations) - Global Advancements, Opportunity Roadmaps, Market Forecast and Analysis (2013 - 2018)", defines and segments the Global Market into various sub-segments with an in-depth analysis and forecasting of revenues. The report also identifies the factors driving this market, various restraints and opportunities impacting it along with the technology roadmap and adoption trends. The Report Broadly Segments the Business Process as a Service (BPaaS) and Platform BPO Market for Business Processes such as:

  • Sales
  • Finance and Accounting
  • Human Resources
  • Marketing and Operations

Type of Solutions:

  • Platform and Services

Type of Deployment Models:

  • Hosted and On-Premise

Type of Service Consumers:

  • Small and Medium Businesses (SMBs)
  • Enterprises

Type of Verticals:

  • Banking
  • Financial Services and Insurance (BFSI)
  • Consumer Goods and Retail
  • Communication and Technology
  • Government
  • Healthcare
  • Supply Chain and Manufacturing and
  • Other Sectors

Regions:

  • North America (NA)
  • Asia Pacific (APAC)
  • Europe (EU)
  • Middle East and Africa (MEA) and
  • Latin America (LA).

Browse

  • 150 Market Data Tables
  • 118 Figures
  • 350 Pages and an in-depth Table of Content on "Business Process as A Service (BPaaS) & Cloud BPM Market"

http://www.marketsandmarkets.com/Market-Reports/business-process-as-a-service-bpaas-market-986.html

Early buyers will receive 10% customization on this report.

The need for increasing the agility of a business process, along with cost control measures is playing a cardinal role in shaping the future of Business Process as a Service Market and Cloud BPM. Although the adoption of these solutions is relatively slow due to cautious approach of the top management and compliance concerns; these solutions are expected to enjoy enduring growth and have a pervasive existence across all major verticals, owing to the growing demand for automation and virtualization of workplace. These solutions are well-positioned to provide solution for globally spread businesses, despite different organizational structures and business process needs. MarketsandMarkets further expects that the integration of BPaaS solutions within the existing organizational framework will further amplify the growth of businesses, while ensuring the compliance and regulatory standards.

Major forces driving this market are the development of automated and software driven outsourcing, growing need for cost effective business processes and the market trend of employing cloud computing technology. The need for cost effective business processes is soaring as organizations aim to gain a competitive edge in the industry. Business Process as a Service Market and Platform BPO Solutions ensure cost efficiency as Information Technology (IT) infrastructure requirements are reduced. Globally, revenues from business process services are increasing with the rising demand for cost saving and business automation enhancing solutions. While organizations across the globe are looking forward to integrate Business Process as a Service Market and Platform BPO Solutions into their mainstream process workflows, the business process service providers are optimistic about enriching their offerings by delivering value added services.

MarketsandMarkets forecasts the global Business Process as a Service Market and Cloud BPM to grow from $1.09 billion in 2013 to $7.12 billion in 2018. In terms of regions, North America is expected to be the biggest market in terms of revenue contribution, while APAC is expected to experience increased market traction, during the forecast period.

 Buy a copy of this Report @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=986

Browse Related Reports to Telecommunications & ITMarket http://www.marketsandmarkets.com/telecom-and-IT-market-research-113.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets



More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.