Insights on the Business Process Outsourcing Global Market to 2027 - Increasing Adoption of BPO Services in the IT & Telecommunications Sector is Driving Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Business Process Outsourcing Market Research Report by Service Type (Customer Services, Finance & Accounting, and Human Resource), End use, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Business Process Outsourcing Market size was estimated at USD 129.98 billion in 2021, USD 143.07 billion in 2022, and is projected to grow at a CAGR 10.32% to reach USD 234.38 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Business Process Outsourcing Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Business Process Outsourcing Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Business Process Outsourcing Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Business Process Outsourcing Market?

4. What is the competitive strategic window for opportunities in the Global Business Process Outsourcing Market?

5. What are the technology trends and regulatory frameworks in the Global Business Process Outsourcing Market?

6. What is the market share of the leading vendors in the Global Business Process Outsourcing Market?

7. What modes and strategic moves are considered suitable for entering the Global Business Process Outsourcing Market?

Market Dynamics

Drivers

• Increasing adoption of BPO services in the IT & telecommunications sector
• Growing investment and funding by the government and non-government organizations
• Rise in the number of IT companies coupled with rapid industrialization

Restraints

• High initial investments

Opportunities

• Recent progress of advanced technologies such as analytics, big data, cloud computing, and artificial intelligence (AI) to provide comprehensive BPO services
• Rising number of small- and medium-sized enterprises changing towards adopting outsourcing services

Challenges

• Issues related to confidentiality and intellectual property rights

Companies Mentioned

• Accenture PLC
• ADP Data Processing Inc.
• Amdocs group
• Capgemini SE
• CBRE Group Inc.
• Cognizant Technology Solutions
• Genpact Ltd.
• HCL Technologies Limited
• Helpware Inc
• Infosys Limited
• International Business Machines Corporation
• Intetics Inc.
• NCR Corporation
• Octopus Tech Solutions Pvt Ltd
• Plaxonic Technologies
• SunTec India
• SYNNEX Corporation
• Triniter
• Unity Communications Limited
• Wipro Limited

For more information about this report visit https://www.researchandmarkets.com/r/kvpkgg