BPO Business Analytics Market Demand and Key Players by 2023: Accenture, Cognizant, Genpact, IBM, TCS, HP, Tech Mahindra, Capgemini, Wipro

ReportsWeb Adds “Global BPO Business Analytics Market” offers an up-to-date analysis of the market with regards to the innovations, current competitive landscape and latest trends and drivers, to provide new predictions for the forecast period.

2018-2023 Global BPO Business Analytics Market Report

In this report, Publisher studies the present scenario (with the base year being 2017) and the growth prospects of global BPO Business Analytics market for 2018-2023.Decision makers worldwide are under tremendous pressure to optimize their business operations, acquire new customers, and increase their market share, thereby driving long-term profitability. Business analytics is used for strategic decision making, enabling organizations to understand their customers, optimize operational cost, and improve business efficiency and competitiveness. The demand for regulatory compliance and transparency is high across sectors such as BFSI and healthcare. Enterprises in these sectors need to comply with regulatory norms such as Basel III and Solvency II. Business analytics outsourcing helps enterprises addresses such compliance requirements by increasing their transparency.

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Companies Profiled in this report includes: Accenture, Cognizant, Genpact, IBM, TCS, HP, Tech Mahindra, Capgemini, Wipro, EXL, NTT DATA(Dell), WNS Global, Minacs, Infosys, Mu Sigma, Aegis

The adoption of systems such as ERP, CRM, SCM, and SFA by enterprises and the industrial Internet revolution have led to the generation of large volumes of data. Moreover, with the increased adoption of big data, the use of business analytics has also surged with a greater need to understand data. Data analytics tools and technologies help derive powerful insights and make efficient use of big data. This helps organizations make strategic decisions based on actionable insights for their business activities.

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Global BPO business analytics industry is highly fragmented, industry vendors are mostly in the India and USA. The market is extremely competitive with vendors competing to gain a greater market share. Players in the market are constantly looking for ways to increase their market share through mergers and acquisitions and partnerships. They are also focusing on differentiating themselves by offering mobile-enabled business analytics solutions, predictive analytics, and cloud-based business analytics services. Among them, Accenture is the world leading player in the global BPO business analytics market with the market share of 17.5% in 2015, in terms of revenue.

The BFSI end user segment led the market during 2015, accounting for a market share of more than 23.97%. BFSI organizations worldwide are reaping benefits of business analytics to enhance business productivity and gain competitive advantage. The generation of large volumes of transactional data in this segment is driving the demand for business analytics. Moreover, the growing need to comply with regulatory norms and make them more transparent has propelled the demand for analytics in the BFSI sector.

Over the next five years, Publisher projects that BPO Business Analytics will register a 14.3% CAGR in terms of revenue, reach US$ 36900 million by 2023, from US$ 16500 million in 2017.

This report presents a comprehensive overview, market shares and growth opportunities of BPO Business Analytics market by product type, application, key companies and key regions.

Research objectives
To study and analyze the global BPO Business Analytics market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of BPO Business Analytics market by identifying its various subsegments.
Focuses on the key global BPO Business Analytics players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the BPO Business Analytics with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of BPO Business Analytics submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Content:

2018-2023 Global BPO Business Analytics Market Report (Status and Outlook)

1 Scope of the Report

2 Executive Summary

3 Global BPO Business Analytics by Players

4 BPO Business Analytics by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Global BPO Business Analytics Market Forecast

11 Key Players Analysis

11.1 Accenture

11.1.1 Company Details

11.1.2 BPO Business Analytics Product Offered

11.1.3 Accenture BPO Business Analytics Revenue, Gross Margin and Market Share (2016-2018)

11.1.4 Main Business Overview

11.1.5 Accenture News

11.2 Cognizant

11.2.1 Company Details

11.2.2 BPO Business Analytics Product Offered

11.2.3 Cognizant BPO Business Analytics Revenue, Gross Margin and Market Share (2016-2018)

11.2.4 Main Business Overview

11.2.5 Cognizant News

11.3 Genpact

11.3.1 Company Details

11.3.2 BPO Business Analytics Product Offered

11.3.3 Genpact BPO Business Analytics Revenue, Gross Margin and Market Share (2016-2018)

11.3.4 Main Business Overview

11.3.5 Genpact News

11.4 IBM

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