Research and Markets: This Essential Report on the Opportunities in the Indian Domestic BPO Market is Now Available
DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/033dee/opportunities_in_t) has announced the addition of the "Opportunities in the Indian Domestic BPO Market" report to their offering.
“Opportunities in the Indian Domestic BPO Market”
While the offshore (international) BPO market faces pressures with economy-wide slowdown in developed markets, the domestic BPO market is getting ready to take off. According Arun Jethmalani, "Unlike the overseas business, labor or cost arbitrage does not drive the domestic BPO market. It's strategic factors such as the need to scale rapidly, focus on core competencies, enhanced productivity and reduced time to market that are driving domestic demand."
Research indicates that the domestic BPO industry stands at an inflection point, with the growing scale of Indian buyers as well as the emergence of significant vendors with greater capabilities. The recently released report by ValueNotes estimates the share of third party revenues is 27% of the domestic BPO market, at Rs. 18 billion for FY08. This is expected to grow at a CAGR of 44% over the next four years reach Rs. 77 billion by FY12.
According to Neeraja Kandala, analyst and co-author of the report, "The outsourcing opportunity in the domestic BPO market will gain impetus over the next couple of years with the increased buyer awareness and adoption of outsourcing across industry verticals. Reforms in banking, financial services and insurance will further drive the future growth."
The vendor landscape has over 700 large and small service providers. Large BPOs like WNS and Genpact traditionally catering to the international market are focusing on building their domestic BPO divisions.
In the absence of cost arbitrage, creating sustained value from outsourcing will be a critical challenge for service providers in the long term. Currently, services outsourced by the Indian companies are largely limited to high volume, back office jobs and customer support activities. Pranav Dixt Analyst and co-author of the report says, "Most of the Indian companies are outsourcing for the first time. Further growth in outsourcing volumes will be largely dependent on performance of initial engagements and will unleash opportunities higher up the value chain."
This report provides an in-depth analysis of the domestic BPO market. This study is based on extensive interviews with over 300 companies in various industry verticals and all major service providers.
The report is designed to help:
- Indian companies looking to outsource their services
- Existing service providers to assess the competitive environment in domestic BPO market
- Other potential service providers to assess opportunities across various industries
- Venture capital companies looking for investment opportunities in specialized domestic BPOs
- Researchers looking for information on domestic BPO industry
The study analyzes the sectoral opportunity and emerging trends in the large and emerging verticals - Banking, Financial Services, Insurance, Telecom, Government, Retail, Logistics, Airlines and Travel and Hospitality.
Key Topics Covered:
1. Executive Summary
2. Domestic Outsourcing Opportunity
3. Banking
4. Telecom
5. Government
6. Financial Services
7. Insurance
8. Airlines
9. Retail Industry
10. Logistics
11. Travel and Hospitality
12. Vendor Landscape
13. Research Methodology
14. About ValueNotes
For more information visit http://www.researchandmarkets.com/research/033dee/opportunities_in_t.
