Press release
BPO Business Analytics Market Rising at 33.97 % CAGR During 2017-2021: Analysis of Key Players, Trends, Drivers & Challenges
Global BPO Business Analytics Market is projected to grow at 33.97 % CAGR during the period 2017-2021. BPO Business Analytics Industry research report also provides granular analysis of the market share, Size, segmentation, revenue forecasts and geographic regions of the market.Business analytics outsourcing is the process of subcontracting the data and analytics functions of an organization to a BPO or third-party vendor that has expertise in the required domain. BPO business analytics services manage analytics related to business processes in organizations so that enterprises can focus on their core competencies and business processes.
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Business analytics has made it easier for IT managers to determine the cost of an in-house procurement and the installation of IT solutions such as operational and supply chain analytics. A firm that invests a huge amount to procure standardized business analytics software solutions might witness an increase in its maintenance and upgrade costs over time. However, this is not the case with business analytics outsourcing. Therefore, organizations are not considering high investments in their in-house IT solutions.
Covered in this report
The report covers the present scenario and the growth prospects of the global BPO business analytics market for 2017-2021. To calculate the market size, the report considers the cloud computing services for BPO.
The market is divided into the following segments based on geography: Americas, APAC and EMEA.
The research report, Global BPO Business Analytics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Global BPO Business Analytics Market Key vendors include as Accenture, Capgemini, Genpact, IBM, TCS, Aegis, BRIDGEi2i Analytics Solutions, Cognizant, EXL, Fujitsu, HCL Technologies, Hexaware Technologies, HPE, iGate, Infosys, NTT DATA, Sutherland Global Services, Tech Mahindra, Wipro and WNS Global.
Market driver
Rising cost pressure to maintain in-house IT systems
For a full, detailed list, view our report
Market challenge
Rising threat from open-source software
For a full, detailed list, view our report
Market trend
Evolution of cloud-based BPO services
For a full, detailed list, view our report
Key questions answered in this report
What will the BPO Business Analytics market size be in 2021 and what will the growth rate be?
What are the key BPO Business Analytics market trends?
What is driving this BPO Business Analytics market?
What are the challenges to market growth?
Who are the key vendors in this market space?
Related Reports: -
Global BPO Business Analytics Market by Manufacturers, Regions, Type and Application, Forecast to 2021
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.
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