Market Overview:
The Global PASS Process Advanced Service System Market is expected to grow at a CAGR of xx% from 2018 to 2030. The market growth factors include the rising demand for cloud-based PASS process advanced service systems and the increasing adoption of PASS process advanced service systems by small and medium-sized enterprises (SMEs). However, the high cost of deployment and maintenance is restraining the growth of this market. The global PASS process advanced service system market is segmented on the basis of type, application, and region. On the basis of type, it is divided into cloud-based and on-premise. Cloud-based PASS process advanced service systems are further classified into public cloud, private cloud, and hybrid cloud.
Product Definition:
PASS Process Advanced Service System is a tool which helps in improving the quality of service and support. It also helps in reducing the cost and time associated with providing service.
Cloud-based:
Cloud-based solutions are expected to gain traction in the PASS Process Advanced Service System (AS/SS) market over the forecast period. Cloud computing is a shared network, pooling resources and providing services on an as-needed basis. It helps organizations reduce their operational costs by eliminating physical hardware and reducing maintenance & support staff; however, it also increases security risks due to data breach which may hamper market growth.
On-premise:
On-premise is a computer software implementation within the organization's data center. It refers to all the solutions that are developed and deployed by an organization internally, without any third-party involvement. On-premise software solutions have their source code stored on the internal server of an organization, which can be used for future updates as well.
The major advantage of on-premises solution is that it reduces dependency on internet connectivity and third party vendors; thus increasing reliability.
Application Insights:
The banking, financial services, and insurance (BFSI) segment dominated the global PASS process advanced service system market in 2017. The BFSI sector is one of the leading adopters of cloud-based technology owing to its ability to transform information into knowledge and offer enhanced business processes. As a result, this industry will witness significant growth over the forecast period.
Telecom and IT also accounted for a considerable share in 2017 due to increasing demand for high-speed internet infrastructure coupled with rising consumer requirements regarding enhanced customer experience across various channels such as mobile phones, tablets PCOCCD). In addition, companies are focusing on reducing costs by offloading functions such as data center management from internal resources onto external providers (third party managed cloud services). This trend is expected to drive demand over the forecast period.
Regional Analysis:
The market in the Asia Pacific region is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing investments in PASS by various organizations for improving their business operations and enhancing customer experience. For instance, In January 2017, Cognizant announced its plan to invest USD X million over the next six years in India as part of its strategy to expand into new markets and enhance its technology footprint across all major industries including Healthcare & life sciences, manufacturing & automotive, government & education and others.
North America accounted for more than 25% revenue share in 2016 owing to high adoption of advanced services systems by enterprises operating across numerous industry verticals such as BFSI (banking/financial services), telecom (communications), IT (information technology) among others. Additionally, growing demand for cloud-based PASS solutions from small and medium businesses is anticipated favorably impact regional market growth over the forecast period.
Growth Factors:
- Increasing demand for advanced process control and automation solutions in various industries to improve product quality and operational efficiency.
- Proliferation of Internet of Things (IoT) and big data analytics, which are expected to create new opportunities for PASS Process Advanced Service System market growth.
- Growing demand for cloud-based PASS Process Advanced Service System solutions from small and medium-sized businesses due to the lower cost and faster deployment benefits offered by the cloud model.
- Increasing adoption of PASS Process Advanced Service System by original equipment manufacturers (OEMs) as a key part of their product development life cycle processes to improve time-to-market, optimize production processes, reduce costs, and improve product quality.
Scope Of The Report
Report Attributes
Report Details
Report Title
PASS Process Advanced Service System Market Research Report
By Type
Cloud-based, On-premise
By Application
BFSI, Telecom and IT, Manufacturing, Healthcare, Government, Others
By Companies
IBM, Wipro, Accenture, Cognizant, Genpact, TCS, Capgemini, HCL, DXC Technology, Avaloq, Cyfuture, Optum
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global PASS Process Advanced Service System Market Report Segments:
The global PASS Process Advanced Service System market is segmented on the basis of:
Types
Cloud-based, On-premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Telecom and IT, Manufacturing, Healthcare, Government, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Wipro
- Accenture
- Cognizant
- Genpact
- TCS
- Capgemini
- HCL
- DXC Technology
- Avaloq
- Cyfuture
- Optum
Highlights of The PASS Process Advanced Service System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premise
- By Application:
- BFSI
- Telecom and IT
- Manufacturing
- Healthcare
- Government
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PASS Process Advanced Service System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PASS Process Advanced Service System is a comprehensive, end-to-end process automation solution that automates the entire process from start to finish. From receiving orders to shipping products, PASS Process Advanced Service System streamlines your workflow and makes it easier for you to focus on your core business.
Some of the key players operating in the pass process advanced service system market are IBM, Wipro, Accenture, Cognizant, Genpact, TCS, Capgemini, HCL, DXC Technology, Avaloq, Cyfuture, Optum.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PASS Process Advanced Service System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PASS Process Advanced Service System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PASS Process Advanced Service System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PASS Process Advanced Service System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PASS Process Advanced Service System Market Size & Forecast, 2018-2028
4.5.1 PASS Process Advanced Service System Market Size and Y-o-Y Growth
4.5.2 PASS Process Advanced Service System Market Absolute $ Opportunity
Chapter 5 Global PASS Process Advanced Service System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 PASS Process Advanced Service System Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PASS Process Advanced Service System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 PASS Process Advanced Service System Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Telecom and IT
6.2.3 Manufacturing
6.2.4 Healthcare
6.2.5 Government
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PASS Process Advanced Service System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PASS Process Advanced Service System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America PASS Process Advanced Service System Analysis and Forecast
9.1 Introduction
9.2 North America PASS Process Advanced Service System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America PASS Process Advanced Service System Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America PASS Process Advanced Service System Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Telecom and IT
9.10.3 Manufacturing
9.10.4 Healthcare
9.10.5 Government
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe PASS Process Advanced Service System Analysis and Forecast
10.1 Introduction
10.2 Europe PASS Process Advanced Service System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe PASS Process Advanced Service System Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe PASS Process Advanced Service System Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Telecom and IT
10.10.3 Manufacturing
10.10.4 Healthcare
10.10.5 Government
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific PASS Process Advanced Service System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PASS Process Advanced Service System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific PASS Process Advanced Service System Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific PASS Process Advanced Service System Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Telecom and IT
11.10.3 Manufacturing
11.10.4 Healthcare
11.10.5 Government
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America PASS Process Advanced Service System Analysis and Forecast
12.1 Introduction
12.2 Latin America PASS Process Advanced Service System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America PASS Process Advanced Service System Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America PASS Process Advanced Service System Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Telecom and IT
12.10.3 Manufacturing
12.10.4 Healthcare
12.10.5 Government
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) PASS Process Advanced Service System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PASS Process Advanced Service System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) PASS Process Advanced Service System Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) PASS Process Advanced Service System Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Telecom and IT
13.10.3 Manufacturing
13.10.4 Healthcare
13.10.5 Government
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PASS Process Advanced Service System Market: Competitive Dashboard
14.2 Global PASS Process Advanced Service System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Wipro
14.3.3 Accenture
14.3.4 Cognizant
14.3.5 Genpact
14.3.6 TCS
14.3.7 Capgemini
14.3.8 HCL
14.3.9 DXC Technology
14.3.10 Avaloq
14.3.11 Cyfuture
14.3.12 Optum
