Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Business Process Outsourcing market during the historical period of 2014 – 2018. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2019, and key prospects over the forecast period 2019 – 2029.
The global business process outsourcing market will grow at an impressive 7.5% CAGR during the forecast period. Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the Business Process Outsourcing market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Business Process Outsourcing market.
Besides, the business intelligence incorporates evaluation of global market both in terms of value and volume – mn/bn USD and x units. Additionally, a comprehensive analysis of key regions, with their potential for growth, strengths and weaknesses details, and strategic importance is detailed out in the report. This information helps identify high growth regions that players would benefit by keeping a keen eye on.
After reading the Business Process Outsourcing market report, readers get insight into:
- Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
- New, promising avenues in key regions
- New revenue streams for all players in emerging markets
- Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
- Demand and uptake patterns in key industries of the Business Process Outsourcing market
- New research and development projects in new technologies in key regional markets
- Changing revenue share and size of key product segments during the forecast period
- Technologies and business models with disruptive potential
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The Business Process Outsourcing market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period. Key regions covered comprise:
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
The evaluation of the competitive landscape in the Business Process Outsourcing market covers the profile of the following top players:
Accenture, IBM, Cognizant, Concentrix, Wipro, Genpact, ADP, EXL Service, Invensis, SunTec India, Intetics, Unity Communications, Helpware, Plaxonic Technologies, and Octopus Tech.
To expand the understanding of opportunities in the global Business Process Outsourcing market report looks at close quarters into the opportunities and new avenues in following key segments:
- Banking, Financial Services, and Insurance (BFSI)
- IT & Telecommunication
- Others (travel and transportation, government, education, construction, and utilities)
In addition to understanding the demand patterns of various end users, the report on the Business Process Outsourcing market also enumerates trends expected to attract investments by other various associated industries.
On the basis of Service types, the Business Process Outsourcing market report offers insight into major adoption trends for the following segments:
- Finance & Accounting
- Human Resources
- Knowledge Process Outsourcing
- Procurement & Supply Chain
- Customer Services
The global Business Process Outsourcing market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.
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Some important questions that the Business Process Outsourcing market report tries to answer exhaustively are:
- Key strategic moves by various players in the Business Process Outsourcing market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares.
- Which strategies will enable top players in the Business Process Outsourcing market to expand their geographic footprints?
- Which new business models are expected to change the course of growth of key regional markets in near future?
- Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants?
- Which products segments have in recent years have seen new, lucrative application areas?