Business Process Application (BPA) Market Size, Trends, Drivers and Challenges, Vendor Landscape, Opportunities and Forecast to 2027

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BPA Market Overview

The global BPA market size was pegged at more than $258 billion in 2022. The market is expected to grow at a CAGR of more than 7% during the forecast period (2022-2027). The growing focus on the integration of advanced technologies such as IoT and AI-enabled voice technology and chatbot implementation of cloud-based deployment model, and the emergence of 5G networks are driving the growth of the BPA market.

BPA Market Outlook, 2022-2027 ($ Billions)

BPA Market Outlook, 2022-2027 ($ Billions)

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The ‘BPA Market’ research report provides an executive-level overview of the current BPA market worldwide, with detailed forecasts of key indicators up to 2027. Published annually, the report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by product/service type and verticals across the large enterprise and micro, small, and medium enterprise (MSME) markets, review of key BPA market trends, and the technological developments that are shaping the BPA landscape.

Market Size 2022 >$258 billion
CAGR >7%
Forecast Period 2022-2027
Product/Service Types Vertical-Specific and Packaged Applications,

Enterprise Resource Planning Applications,

Customer Relationship Management Applications,

Financial Applications, Office Productivity Applications, Product Lifecycle Management Applications, Supply Chain Management Applications, Human Resource and Payroll Applications, and Commerce Applications

Key Industry Verticals BFSI, Manufacturing, Information Technology, Retail, and Government
Enterprise Size Band MSME and Large Enterprises
Key Regions Asia Pacific, North America, Western Europe, Middle East and Africa, South and Central America, and Central and Eastern Europe
Leading Companies Microsoft, IBM, SAP, Salesforce, and Oracle
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BPA Market Segmentation by Product/Service Types

The global BPA market is divided across nine product/service types namely:

  • Vertical-Specific and Packaged Applications
  • Enterprise Resource Planning Applications
  • Customer Relationship Management Applications
  • Financial Applications
  • Office Productivity Applications
  • Product Lifecycle Management Applications
  • Supply Chain Management Applications
  • Human Resource and Payroll Applications
  • Commerce Applications

BPA Market Share by Product/Service Types, 2022 (%)

BPA Market Share by Product/Service Types, 2022 (%)

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Vertical-Specific and Packaged Applications Represent the Largest Contributor to the Total BPA Market Value

Vertical-Specific and Packaged Applications accounted for more than $116 billion in 2022, about 45% of the total BPA market value estimated for the year. Businesses are seeking greater efficiency in their core operations, which has led to a desire for sector- or vertical-specific solutions that are frequently tailored to the specific requirements of a firm.

BPA Market Segmentation by Vertical

The BFSI sector is the largest end-use market for BPA. The report analyzes the BPA market across several industry verticals, including:

  • BFSI
  • Manufacturing
  • Information Technology
  • Retail
  • Government

BPA Market Share by Vertical, 2022 (%)

BPA Market Share by Vertical, 2022 (%)

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BPA Market Segmentation by Regions

The report also analyzes the enterprise BPA market across the following six regions:

  • North America
  • Asia Pacific
  • Western Europe
  • Middle East & Africa
  • South & Central America
  • Central & Eastern Europe

BPA Market Share by Region, 2022 (%)

BPA Market Share by Region, 2022 (%)

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According to GlobalData’s analysis, North America was the leading regional market, with revenue estimated at more than $88 billion, in 2022. The BPA market in North America will grow at a CAGR greater than 5% over the forecast period (2022-2027). The US contributed the majority share of the BPA revenue estimated for North America in 2022 owing to its large economy and enterprise footprint.

BPA Market – Drivers, Trends and Challenges

BPA Market – Drivers, Trends and Challenges

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BPA Market - Competitive Landscape

The global enterprise BPA vendor landscape is dominated by prominent international players such as Microsoft, IBM, SAP, Salesforce, and Oracle.

Leading BPA Companies

Leading BPA Companies

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Scope

The market intelligence report provides an in-depth analysis of the following:

  • BPA market outlook by product/service type: Analysis as well as historical figures and forecasts of revenue opportunities from the BPA product/service type.
  • BPA market outlook by enterprise size band: Analysis as well as historical figures and forecasts of revenue opportunities from the enterprise size band perspective.
  • BPA market outlook by regions: Analysis as well as historical figures and forecasts of revenue opportunities from a regional perspective.
  • BPA market outlook by revenue opportunity: Analysis as well as historical figures and forecasts of revenue opportunities from a regional perspective.
  • The vendor landscape: An examination of the positioning of leading players in the BPA market.
  • Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

Reasons to Buy

  • This market intelligence report offers a thorough, forward-looking analysis of global BPA, BPA solution providers, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
  • Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in the global BPA market.
  • The report highlights key vertical industries (BFSI, Manufacturing, Information Technology, Retail, Government, etc.), enterprise size bands (Micro, small, medium, large, and very large), and key regions (North America, Asia Pacific, Western Europe, Middle East & Africa, Central & Eastern Europe, and South & Central America)
  • With charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
  • The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in the global BPA market.
  • The broad perspective of the report coupled with comprehensive, actionable detail will help security hardware & software vendors, service providers, and other communications and collaboration players succeed in the growing BPA market worldwide.

Microsoft
IBM
SAP
Salesforce
Oracle

Table of Contents

Executive Summary

Market Overview

Market and Technology Trends

Market Growth Drivers

Market Growth Inhibitors/Challenges

Key Product/Services Market Snapshot

Key Regional Market Snapshot

Key Vertical Market Snapshot

Competitive Landscape

Appendix

Frequently asked questions

Business Process Application (BPA) Market Size, Trends, Drivers and Challenges, Vendor Landscape, Opportunities and Forecast to 2027 standard reports
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