Seattle, WA -- (SBWire) -- 12/16/2019 --BPO Business Analytics Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2018-2026). The research presents a complete assessment of the market and contains Future trend, Current Growth Factors, attentive opinions, facts, historical data, and statistically supported and industry validated market data.
BPO Business Analytics Market research report also provides an overall analysis of the market share, size, segmentation, revenue forecasts and geographic regions of the BPO Business Analytics Market along with industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue. The research report also provides detail analysis on the BPO Business Analytics Market current applications and comparative analysis with more focused on the pros and cons of BPO Business Analytics and competitive analysis of major companies.
Download FREE Sample of BPO Business Analytics Market Report: https://www.worldwidemarketreports.com/sample/256499
Market Segment by Companies, this report covers,Accenture,Cognizant,Genpact,IBM,TCS,HP,Tech Mahindra,Capgemini,Wipro,EXL,NTT DATA(Dell),WNS Global,Minacs,Infosys,Mu Sigma,Aegis
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.
Scope of the Report:
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.
Talk to our Industry Expert @ https://www.worldwidemarketreports.com/speakanalyst/256499
The global BPO Business Analytics market is valued at 16500 million USD in 2018 and is expected to reach 36900 million USD by the end of 2024, growing at a CAGR of 14.3% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of BPO Business Analytics.Market
Segments Analysis
Segment by Type, covers
HR
Procurement
F&A
Customer Care
Logistics
Sales & Marketing
Training
Product Engineering
Market Segment by Applications, can be divided into
BFSI
Manufacturing
Healthcare
Retail
Telecom
Others
This report studies the BPO Business Analytics market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the BPO Business Analytics market by product type and applications/end industries.
In this study, the years considered to estimate the market size of 2018-2026 BPO Business Analytics Market are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2026
*If you have any special requirements, please let us know and we will offer you the report as you want.
Else place an Inquire before Purchase "Global BPO Business Analytics Market Size, Status and Forecast 2026: https://www.worldwidemarketreports.com/quiry/256499
BPO Business Analytics Market 2019 Leading Growth Drivers, Emerging Audience, Segments, Industry Sales, Profits & Analysis