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Business Process Outsourcing Market Growth 2019 –2025 Poised To Expand At A Robust Pace | Key Players includes Accenture, Cognizant, Delloite, Genpact, TCS and IBM Corporation

10-04-2019 06:26 AM CET | Associations & Organizations

Press release from: Premium Market Insights

Business Process Outsourcing Market Growth 2019 –2025 Poised

Business Process Outsourcing (BPO) is a business practice in which one organization hires another company to perform a task that hiring organization requires for its own business to successfully operate. The Business Process Outsourcing (BPO) Market valued approximately USD 189.61 billion in 2017 is anticipated to grow with a healthy growth rate of more than 7.75% over the forecast period 2018-2025.

Surging number of organization indulged in business outsourcing, rising focus on workload management and surging adoption of outsourcing for back office operations are the substantial driving factors of the market during the forecast period. Moreover, increasing number of call centers and BPO is the major factors that likely to create numerous opportunity in the near future.
In addition, Business Process Outsourcing (BPO) is very cost effective for the client company as well as increases the speed of business processes outsourced to them thereby is another factors that impelling the growth in the market of Business Process Outsourcing (BPO) during the forecast period. However, security & privacy concern is one of the major factors that limiting the growth of the market across the world.

This report provides an in-depth overview of the Business Process Outsourcing market. This includes market characteristics, consisting of segmentation, market share, trends and strategies for this market. The Market Size section provides historical forecasts of market growth and future. An in-depth analysis of the major companies operating in the market is also mentioned in this research report

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The major market player included in this report are:
Accenture
Cognizant
Delloite
Genpact
TCS
IBM Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

HR
Procurement
Customer Care
Logistics
Others

By Application:

BFSI
Manufacturing
Healthcare
Retail
Telecom,
Others

The regional analysis of Global Business Process Outsourcing (BPO) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share due to rising demand for cloud computing technology and rising adoption of outsourcing in the region. North America is estimated to grow at stable growth rate in the global Business Process Outsourcing (BPO) market over the upcoming years. Further, Asia-Pacific anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 owing to increasing number of call centers in the region.

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Table of Contents

Chapter 1.Executive Summary

Chapter 2. Business Process Outsourcing Definition and Scope

Chapter 3. Business Process Outsourcing Dynamics

Chapter 4. Business Process Outsourcing Industry Analysis

Chapter 5. Business Process Outsourcing Market, by Type

Chapter 6. Global Business Process Outsourcing Market, By Application

Chapter 7. Business Process Outsourcing Market, by Regional Analysis

Chapter 8. Competitive Intelligence

Chapter 9. Research Process

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Premium Market Insights,
Contact Person: Sameer Joshi
Email: sales@premiummarketinsights.com

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