Press release
Software And BPO Services Market Estimated To Grow And Expand Rapidly in The Forecast Period | TCS, Nippon Telegraph And Telephone Corp, telefonaktiebolaget lm ericsson, Cognizant Technology Solutions Corp
Software And BPO Services Market
The regions covered in the software and BPO services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, Asia Pacific accounts for the largest software and BPO services market share.
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The software and BPO services market consists of sales of software and BPO services by entities (organizations, sole traders and partnerships) that provide software and BPO services including application software programming services, computer program (software) development, computer software support services and web design services. This market includes sales of related goods.
Key competitors in the software and BPO services market include TCS, Nippon Telegraph And Telephone Corp, telefonaktiebolaget lm ericsson, Cognizant Technology Solutions Corp, Dell Technologies Inc., Hewlett Packard Enterprise Co, Microsoft, Capgemini, Cisco Systems, Inc., and Infosys ltd.
The global software and BPO services market size is expected to grow from $2,163.82 billion in 2021 to $2,444.93 billion in 2022 at a compound annual growth rate (CAGR) of 13%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The software and BPO service market is expected to reach $3,862.69 billion in 2026 at a CAGR of 12.1%.
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TBRC's report segments the global software and BPO services market:
1) By Type: BPO Services, Software Services
2) By Organisation Size: Large Enterprises, Small and Medium Enterprises
3) By End-Use Industry: Financial Services, Retail and Wholesale, Information Technology, Manufacturing, Healthcare, Others
Read Further On The Software And BPO Services Market Here:
https://www.thebusinessresearchcompany.com/report/software-and-bpo-services-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Report Structure
3. Software And BPO Services Market Characteristics
4. Software And BPO Services Market Product Analysis
5. Software And BPO Services Market Supply Chain
.....
23. Market Background: IT Services Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
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