Global BPO Business Analytics Sales Market Report 2022

BPO (business process outsourcing) is to outsource a special business process to a third-party service provider. BPO (business process outsourcing) provides a series of flexible services and options for redesigning, managing and running specific business functions. In the past, business process outsourcing was considered as a way to reduce labor costs by transferring it operations to low-cost markets. Modern BPOs look for the most appropriate infrastructure and skills from all over the world to design, build and run processes to help optimize the strategic results that enterprises want to achieve for their customers. BPO was originally related to manufacturing, but now it is adopted by other industries such as finance.

The adoption of systems such as ERP, CRM, SCM, and SFA by enterprises and the industrial Internet revolution have led to the generation of large volumes of data. Moreover, with the increased adoption of big data, the use of business analytics has also surged with a greater need to understand data. Data analytics tools and technologies help derive powerful insights and make efficient use of big data. This helps organizations make strategic decisions based on actionable insights for their business activities.
Market Analysis and Insights: Global BPO Business Analytics Market
Due to the COVID-19 pandemic, the global BPO Business Analytics market size is estimated to be worth US$ 28410 million in 2021 and is forecast to a readjusted size of US$ 28410 million by 2028 with a CAGR of 14.0% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the BPO Business Analytics global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The major players in global BPO Business Analytics market include Accenture, Cognizant, Genpact, IBM, etc. The top 4 players occupy about 50% shares of the global market. North America and Europe are main markets, they occupy about 70% of the global market. HR is the main type, with a share about 20%. BFSI is the main application, which holds a share about 25%.
Global BPO Business Analytics Scope and Market Size
The global BPO Business Analytics market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global BPO Business Analytics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
HR
procurement
Sales & Marketing
Logistics
Training
Product Engineering
F & A
Customer Care
Segment by Application
BFSI
Manufacturing
Healthcare
Retail
Telecom
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Accenture
Cognizant
Genpact
IBM
TCS
Tech Mahindra
Capgemini
Wipro
EXL
NTT DATA(Dell)
WNS Global
Concentrix
Infosys
Mu Sigma
StarTe
95TELEWEB INFORMATION
CDG
CPI Data Services
Huatuo
Sunyard System Engineering
transcosmos inc.
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