Research and Markets: Global Outsourcing Market in BFS Sector 2014-2018: Accenture, Genpact, IBM & TCS Dominate the Market
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lksz2t/global) has announced the addition of the "Global Outsourcing Market in BFS Sector 2014-2018" report to their offering.
“Global Outsourcing Market in BFS Sector 2014-2018”
The Global Outsourcing market in the BFS sector will grow at a CAGR of 7.07% to 2018
Rising demand in the mortgage market is one of the emerging trends in the market. Volume in mortgage domain will continue to increase because of the several acts such as HARP and HARP II.
According to the report, several factors drive the growth of the Global Outsourcing market in BFS sector, one of which is cost-effectiveness. High-quality service at low cost is the main criteria for outsourcing services. The low cost of labor in many developing economies is driving the outsourcing market in the BFS sector.
Further, the report states that data security is one of the serious challenges that the market faces. Outsourcing of services means revealing financial information to other parties. This is one of the major concerns as third parties can misuse the information.
The Global Outsourcing market in the BFS sector is categorized by domain into the following segments:
- Commercial Corporate
- Capital Markets and Wealth Management
- Shared Services
- Accenture plc
- Genpact Ltd.
- IBM Corp.
- TCS Ltd.
Other Prominent Vendors
- Aegis Ltd.
- Cap Gemini SA
- Cognizant Technology Solutions Corp.
- Computer Sciences Corp.
- EXL Business Process Solutions
- Infosys Ltd.
- Wipro Ltd.
- WNS Holdings Ltd.
- Xerox Corp.
For more information visit http://www.researchandmarkets.com/research/lksz2t/global