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IT and BPO Services Market in India 2020-2024 |Need to Focus on Core Competencies & Improve Efficiency to Boost Growth |17000+ Technavio ReportsNEW YORK, Sept. 1, 2021 /PRNewswire/ -- The IT and BPO services market in India is set to grow by USD 83.6 bn, progressing at a CAGR of almost 8% during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Receive Latest Free Sample Report in Minutes The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accenture Plc, Cognizant Technology Solutions Corp., HCL Technologies Ltd., International Business Machines Corp., Infosys Ltd., Serco Group Plc, Tata Consultancy Services Ltd., Tech Mahindra Ltd., Wipro Ltd., and WNS Holdings Ltd. are some of the major market participants. Although the need to focus on core competencies will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. IT and BPO Services Market in India 2020-2024: Segmentation IT and BPO Services Market in India are segmented as below:
Learn more about the factors assisting the growth of the market, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40476 IT and BPO Services Market in India 2020-2024: Vendor Analysis and Scope To help businesses improve their market position, the IT and BPO services market in India provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Accenture Plc, Cognizant Technology Solutions Corp., HCL Technologies Ltd., International Business Machines Corp., Infosys Ltd., Serco Group Plc, Tata Consultancy Services Ltd., Tech Mahindra Ltd., Wipro Ltd., and WNS Holdings Ltd. The report also covers the following areas:
The IT and BPO services market in India is fragmented, and the degree of fragmentation will accelerate. The need to focus on core competencies and improve efficiency will offer immense growth opportnities, however, the lack of effective communication between the client and vendor will challenge the growth of the market participants. Register for a free trial today and gain instant access to 17,000+ market research reports. Backed with competitive intelligence and benchmarking, our research reports on the IT and BPO services market in India are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support. Cyber Security Market Report -The cyber security market in North America has the potential to grow by USD 66.66 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 15.54%. Download a free sample report now! Bill Splitting Apps Market Report -The bill-splitting apps market has the potential to grow by USD 203.43 million during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 9.56%. Download a free sample report now! IT and BPO Services Market in India 2020-2024: Key Highlights
Table of Contents: Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Market Segmentation by Type
Customer landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
Technavio's in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal. About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research View original content to download multimedia:https://www.prnewswire.com/news-releases/it-and-bpo-services-market-in-india-2020-2024-need-to-focus-on-core-competencies--improve-efficiency-to-boost-growth-17000-technavio-reports-301367608.html SOURCE Technavio |