COVID-19 Impacts: Business Process Outsourcing Market Will Accelerate at a CAGR of almost 10% Through 2020-2024 | Rising Emphasis on Process Automation to Boost Growth | Technavio
Technavio has been monitoring the business process outsourcing market and it is poised to grow by USD 105.49 billion during 2020-2024, progressing at a CAGR of almost 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Business Process Outsourcing Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact
Frequently Asked Questions-
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accenture Plc, Capgemini SE, Deloitte (News - Alert) Touche Tohmatsu Ltd., Genpact Ltd., HCL Technologies Ltd., Infosys Ltd., International Business Machines Corp., KPMG International Cooperative, Tata Consultancy Services Ltd., and Wipro (News - Alert) Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Rising emphasis on process automation has been instrumental in driving the growth of the market.
Business Process Outsourcing Market 2020-2024: Segmentation
Business Process Outsourcing Market is segmented as below:
Business Process Outsourcing Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our business process outsourcing market report covers the following areas:
This study identifies increasing adoption of BPO by IT and telecom service providers as one of the prime reasons driving the business process outsourcing market growth during the next few years.
Business Process Outsourcing Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the business process outsourcing market, including some of the vendors such as Accenture Plc, Capgemini SE, Deloitte Touche Tohmatsu Ltd., Genpact Ltd., HCL Technologies Ltd., Infosys Ltd., International Business Machines Corp., KPMG International Cooperative, Tata Consultancy (News - Alert) Services Ltd., and Wipro Ltd. Backed with competitive intelligence and benchmarking, our research reports on the business process outsourcing market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Business Process Outsourcing Market 2020-2024: Key Highlights
Table of Contents:
PART 1: EXECUTIVE SUMMARY
PART 2: SCOPE OF THE REPORT
PART 3: MARKET LANDSCAPE
PART 4: MARKET SIZING
PART 5: FIVE FORCES ANALYSIS
PART 6: MARKET SEGMENTATION BY END-USER
PART 7: CUSTOMER LANDSCAPE
PART 8: GEOGRAPHIC LANDSCAPE
PART 9: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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