The BPaaS market size is expected to grow from USD 63.3 billion by 2023 to USD 92.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period. The compatibility of BPaaS-based solutions with new technologies such as AI, IoT, and analytics is the primary factor for the inclination of end users toward BPaaS.
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