openPR Logo
Press release

Asia-Pacific Business Process Outsourcing (BPO) Market Report Up to 2031

11-16-2021 09:04 AM CET | Industry, Real Estate & Construction

Press release from: Visiongain Research

Asia-Pacific Business Process Outsourcing (BPO) Market Report

Visiongain has published a new report Asia-Pacific Business Process Outsourcing (BPO) Market Report to 2031: Forecasts by services (Finance & Accounting, Human Resources, Sales & Marketing, Procurement Outsourcing & Supply Chain, Others), by industry vertical (Banking, Financial Services, and Insurance (BFSI), Healthcare, Manufacturing, IT & Telecommunication, Retail, Others). PLUS Profiles of Leading Business Process Outsourcing Companies and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.

Download Exclusive Sample of Report @ https://www.visiongain.com/report/asia-pacific-bpo-market/#download_sampe_div

Business process outsourcing (BPO) is a process of contracting standard business functions via third-party service company. BPO helps in enhancing & accelerating business operations such as application processing, collection & billing, order fulfilment, back-office operations, and other management which contribute towards large accumulation of data of the organizations. Moreover, as BPO provides a huge number of job opportunities, companies are largely depending on business outsourcing as a long-term cost-effective solution.

Increased demand for outsourcing BPO services across several industry verticals, rapid growth in establishment of customer service centers & call centers, and government initiatives & support for the development of business process outsourcing industry in the region are some of the major factors fuelling the market growth. On the contrary, surge in adoption of advance technologies, increased demand for productivity improvement & multiple job openings such as web design, equity research. These factors, as a result expected to boost the demand for BPO market in Asia Pacific region.

COVID-19 Impact on Asia Pacific Business Process Outsourcing Market
The pandemic has a significant impact on business process outsourcing in the region due to increased trend of digital adoption and massive growth in the concept of work from home (WFH). As working remotely provides greater job opportunities and due to several business lockdowns & shutdowns, part time & full time workers have largely switched towards BPO services in the region.

Market Drivers

Rapid growth in establishment of customer service centers & call centers
The establishment of call centers & centers continuing to rise due to enhanced business operations with multi-channel offering, improved revenue metric, and increased efficiency to optimize services in the market. Therefore, due to these major benefits under BPO sector is accelerating the growth of customer services centers & call centers, which is fuelling the market growth.

Government initiatives & support for the development of business process outsourcing industry
Due to increased adoption of personal gadgets, rise in internet penetration, and massive growth in BPO services companies, governments in the region are increasingly supporting BPO industry, which is driving the market growth. For instance, in India, in a midst of ongoing pandemic situation, the government has announced simplified guidelines for Business Process Outsourcing (BPO) and IT Enabled Services (ITES) players, by reducing the compliance burden for the industry and facilitating 'Work from Home' and 'Work from Anywhere' initiative in the country.

Get Detailed TOC @ https://www.visiongain.com/report/asia-pacific-bpo-market/#download_sampe_div

Market Opportunities

Increased demand for productivity improvement & multiple job openings such as web design, equity research
Massive growth in adoption & access to internet, rise in awareness towards advance courses, and increased substitutions for career opportunities are accelerating the demand for multiple jobs in the BPO industry. Furthermore, major companies in the industry demanding for rapid production improvements, therefore, these factors expected to provide an immense opportunity to increase & expand BPO services in the region.

Surge in adoption of advance technologies
Rise in adoption of emerging technologies such as artificial intelligence, Robotic process automation (RPA), blockchain, hybrid clouds, advanced analytics, Internet of things, augmented reality, cybersecurity, and others. This, as a result helps in boosting the business operations and is expected to maintain this trends during the forecast period.

Competitive Landscape
Some of the companies profiled in the report include, Aegis Limited, Capgemini, CBRE Group, Inc., Genpact, HCL Technologies Limited, IBM Corporation, Infosys Limited, Tata Consultancy Services Limited, and Wipro Limited.

Recent Developments
In September 2020, BPO council of Fiji has re-shored jobs in Australia & New Zealand and had opened up opportunities for Fiji in the outsourcing industry. In addition, the council has initiated planning to add contact centre courses to their curriculum which are accredited to Australia and New Zealand standards.

In January 2020, in Japan, TOBISHIMA CORPORATION initiated a project to develop a new construction management framework by utilizing business process outsourcing (BPO) services provides by transcosmos inc. in the country. In addition, this expansion in infrastructure would likely to boost the growth of BPO market in the country.

Request Customized Report as Per Your Requirements @ https://www.visiongain.com/contact/

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the BPO Market and leading companies. You will find data, trends and predictions.

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: catherine.walker@visiongain.com

Catherine Walker
PR at Visiongain Inc.
Tel: + 44 0207 336 6100
USA Tel: + 1 718 682 4567
EU Tel: + 353 1 695 0006
Toll Free: 00-1-646-396-5129
Email: catherine.walker@visiongain.com
Research Insight : https://www.visiongain.com/asia-pacific-bpo-market-analysis/

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Asia-Pacific Business Process Outsourcing (BPO) Market Report Up to 2031 here

News-ID: 2463340 • Views: 2389

More Releases from Visiongain Research

Alopecia Market Research Report Up to 2031
Visiongain has published a new report on Alopecia Market Report to 2031: Forecasts by Disease Type (Androgenic Alopecia, Alopecia Areata, Ciatricial Alopecia, Traction Alopecia, and Alopecia Totalis), By Route of Administration (Oral, Topical, and Injectable), By Distribution Channel (Hospitals, Retail Pharmacies, and Online Pharmacies) PLUS COVID-19 Recovery Scenarios. Download Exclusive Sample of Report @ https://www.visiongain.com/report/alopecia-market/#download_sampe_div COVID-19 Impact on Alopecia Market COVID-19 pandemic has affected more than 200 countries worldwide. Companies have been pressured
Bakery Processing Equipment Market Report Up to 2031
Visiongain has published a new report on Bakery Processing Equipment Market Report to 2031: Forecasts By Type (Ovens & Proofers, Mixers, Slicers & Dividers, Sheeters & Molders, Others), By Application (Cookies & Biscuits, Bread, Cakes & Pastries, Pizza Crusts, Others) PLUS Profiles of Leading Bakery Processing Equipment Manufacturing Companies and Regional and Leading National Market Analysis, PLUS COVID-19 Recovery Scenarios. Download Exclusive Sample of Report @ https://www.visiongain.com/report/bakery-processing-equipment-market/#download_sampe_div The increasing urbanization coupled with
Ascorbic Acid Market Report Up to 2031
Visiongain has published a new report on Ascorbic Acid Market Report to 2031: Forecasts By Application (Food & Beverages, Chemicals, Personal Care, Pharma, Agriculture, Others), By Distribution Channel (Online Channels, Offline Channels) PLUS Profiles of Leading Ascorbic Acid Manufacturing Companies and Regional and Leading National Market Analysis, PLUS COVID-19 Recovery Scenarios. Download Exclusive Sample of Report @ https://www.visiongain.com/report/ascorbic-acid-market/#download_sampe_div Ascorbic acid has a wide range of application in pharmaceutical, food & beverage and
Anti-caking Agents Market Report Up to 2031
Visiongain has published a new report on Anti-caking Agents Market Report to 2031: Forecasts by By Product Type (Sodium Compounds, Magnesium Compounds, Calcium Compounds, Others), By Application (Food and Beverage, Feed, Cosmetic and Personal Care, Others), By Distribution Channel (Online Channels, Offline Channels) PLUS Profiles of Leading Anti-Caking Agents Manufacturing Companies and Regional and Leading National Market Analysis, PLUS COVID-19 Recovery Scenarios. Download Exclusive Sample of Report @ https://www.visiongain.com/report/anti-caking-agents-market/#download_sampe_div COVID-19 Impact on

All 5 Releases


More Releases for BPO

Open Access BPO named top BPO company
WASHINGTON DC, March 1, 2021 – Open Access BPO has been recognized as one of the best business process outsourcing (BPO) companies and a top voice service provider in the recent Clutch 2021 Awards. Market research and B2B review agency Clutch named Open Access BPO in its Top BPO Companies list, having bagged recognitions in multiple categories: Best Back Office Best Data Entry Best Writing & Content Creation As a Top Voice Services
BPO Service Market:cheesy, Wipro, ServiceBPO, Accenture, Infosys BPO, Capri
BPO Service Market Overview: Summary:Excellence consistency maintains by Garner Insights in Research Report in which studies the global BPO Service market status and forecast, categorizes and Equipment market value by manufacturers, type, application, and region. Get Access to Report Sample: http://bit.ly/2Rqnlu4 The Global BPO Service market Report provides a detailed analysis of the current dynamics of the market with an extensive focus on the secondary research. It also studies current situation of the market
Healthcare BPO Market
ReportsWeb.com added “Global Healthcare BPO Market Size, Status and Forecast 2022” to its vast collection of research Database. The report classifies the global Healthcare BPO Market in a precise manner to offer detailed insights into the aspects responsible for augmenting as well as restraining market growth. This report studies the global Healthcare BPO market, analyzes and researches the Healthcare BPO development status and forecast in United States, EU, Japan, China, India
BPO Service Market
The report studies BPO Service in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022. What’s more, the BPO Service industry development trends and marketing channels are analyzed. The industry analysis have also been done to examine the impact of various factors and understand the overall attractiveness of the industry. Download
BPO Service Market- cheesy, Wipro, ServiceBPO, Accenture, Infosys BPO, Capri
Global BPO Service Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application.This BPO Service Industry report also states Company Profile, sales, BPO Service Market revenue and price, market share, market growth and gross margin by regions.The following summary will give an overview of the causes, processes, and possible effects of the market research proposal. Request for sample copy of report @ https://goo.gl/xUqpPT Top Manufacturers/Key Players:- cheesy Wipro ServiceBPO Accenture Infosys BPO Capri The
Global life sciences BPO market
TheGlobal life sciences BPO market was valued US$ 180.4 billion in 2015 and is projected to reach US$ 505.0 billion by 2024, according to a new report published by Coherent Market Insights.Reducing cost and increasing focus on core strengths is influencing medical device and pharmaceutical companies to outsource their processes to contract manufacturing organizations (CMO) and contract research organizations (CRO). Request Sample Copy of Research @ https://www.coherentmarketinsights.com/insight/request-sample/24 Increasing demand for low cost drugs,