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Detailed examination of the Global BPO business analytics market trend share opportunities and forecast to 2021

Technavio’s analysts forecast the global BPO business analytics market to grow at a CAGR of 33.97 % during the period 2017-2021.

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About BPO Business Analytics

Business analytics outsourcing market is the process of subcontracting the data and analytics functions of an organization to a BPO or third-party vendor that has expertise in the required domain. BPO business analytics services manage analytics related to business processes in organizations so that enterprises can focus on their core competencies and business processes.

Business analytics has made it easier for IT managers to determine the cost of an in-house procurement and the installation of IT solutions such as operational and supply chain analytics. A firm that invests a huge amount to procure standardized business analytics software solutions might witness an increase in its maintenance and upgrade costs over time.

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However, this is not the case with business analytics outsourcing. Therefore, organizations are not considering high investments in their in-house IT solutions.

Technavio’s analysts forecast the global BPO business analytics market to grow at a CAGR of 33.97 % during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global BPO business analytics market for 2017-2021. To calculate the market size, the report considers the cloud computing services for BPO.

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The market is divided into the following segments based on geography:

APAC

Europe

North America

ROW

Technavio's report, Global BPO Business Analytics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Key vendors

Accenture

Capgemini

Genpact

IBM

TCS

Other prominent vendors

Aegis

BRIDGEi2i Analytics Solutions

Cognizant

EXL

Fujitsu

HCL Technologies

Hexaware Technologies

HPE

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Market driver

Rising cost pressure to maintain in-house IT systems

For a full, detailed list, view our report

Market challenge

Rising threat from open-source software

For a full, detailed list, view our report

Market trend

Evolution of cloud-based BPO services

For a full, detailed list, view our report

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