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BPO Business Analytics market is expected to reach 38800 million $ by 2025 including Key Players: Tech Mahindra, Capgemini, Wipro, EXL

A new research study from HTF MI with title Global BPO Business Analytics Market Size, Status and Forecast 2025 provides an in-depth assessment of the BPO Business Analytics including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for BPO Business Analytics investments till 2022.
Published 10 July 2018
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If you are involved in the BPO Business Analytics industry or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date segmented by BFSI, Manufacturing, Healthcare, Retail, Telecom & Others, HR, Procurement, F&A, Customer Care, Logistics, Sales & Marketing, Training & Product Engineering and major players. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement. 

Decision makers worldwide are under tremendous pressure to optimize their business operations, acquire new customers, and increase their market share, thereby driving long-term profitability. Business analytics is used for strategic decision making, enabling organizations to understand their customers, optimize operational cost, and improve business efficiency and competitiveness. The demand for regulatory compliance and transparency is high across sectors such as BFSI and healthcare. Enterprises in these sectors need to comply with regulatory norms such as Basel III and Solvency II. Business analytics outsourcing helps enterprises addresses such compliance requirements by increasing their transparency.

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. 
Global BPO business analytics industry is highly fragmented, industry vendors are mostly in the India and USA. The market is extremely competitive with vendors competing to gain a greater market share. Players in the market are constantly looking for ways to increase their market share through mergers and acquisitions and partnerships. They are also focusing on differentiating themselves by offering mobile-enabled business analytics solutions, predictive analytics, and cloud-based business analytics services. Among them, Accenture is the world leading player in the global BPO business analytics market with the market share of 17.5% in 2015, in terms of revenue. 
The BFSI end user segment led the market during 2015, accounting for a market share of more than 23.97%. BFSI organizations worldwide are reaping benefits of business analytics to enhance business productivity and gain competitive advantage. The generation of large volumes of transactional data in this segment is driving the demand for business analytics. Moreover, the growing need to comply with regulatory norms and make them more transparent has propelled the demand for analytics in the BFSI sector. 
In 2017, the global BPO Business Analytics market size was 16500 million US$ and it is expected to reach 38800 million US$ by the end of 2025, with a CAGR of 11.3% during 2018-2025. 

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The Study is segmented by following Product Type: HR, Procurement, F&A, Customer Care, Logistics, Sales & Marketing, Training & Product Engineering 

Major applications/end-users industry are as follows: BFSI, Manufacturing, Healthcare, Retail, Telecom & Others 

Geographically, this report is segmented into several key Regions such as United States, Europe, China, Japan, Southeast Asia & India, with production, consumption, revenue (million USD), and market share and growth rate of Global BPO Business Analytics in these regions, from 2012 to 2022 (forecast) 

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Major companies covered in the report: Accenture, Cognizant, Genpact, IBM, TCS, HP, Tech Mahindra, Capgemini, Wipro, EXL, NTT DATA(Dell), WNS Global, Minacs, Infosys, Mu Sigma & Aegis 

This study also contains company profiling, product picture and specifications, sales, market share and contact information of various international, regional, and local vendors of Global BPO Business Analytics Market. The market competition is constantly growing higher with the rise in technological innovation and M&A activities in the industry. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology. 

Some of the key questions answered in this report: 
- Detailed Overview of Global BPO Business Analytics market helps deliver clients and businesses making strategies. 
- Influential factors that are thriving demand and constraints in the market. 
- What is the market concentration? Is it fragmented or highly concentrated? 
- What trends, challenges and barriers will impact the development and sizing of BPO Business Analytics market? 
- SWOT Analysis of each key players mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same. 
- What growth momentum or acceleration market carries during the forecast period? 
- Which region is going to tap highest market share in future? 
- What Application/end-user category or Product Type may see incremental growth prospects? 
- What would be the market share of key countries like United States, France, UK, Germany, Italy, Canada, Australia, Japan, China or Brazil etc.? 
- What focused approach and constraints are holding the market tight? 
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There are 15 Chapters to display the Global BPO Business Analytics market. 
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of BPO Business Analytics market, Applications [BFSI, Manufacturing, Healthcare, Retail, Telecom & Others], Market Segment by Regions; 
Chapter 2, to analyze objective of the study. 
Chapter 3, to display Research methodology and techniques. 
Chapter 4 and 5 , to show the Overall Market Analysis, segmentation analysis, characteristics; 
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition; 
Chapter 8 and 9, to show analysis by regional segmentation[United States, Europe, China, Japan, Southeast Asia & India ], comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis 
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers; 
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply. 
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning) 
Chapter 15, deals with Global BPO Business Analytics Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source. 

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia. 

 

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