Boston, MA -- (SBWIRE) -- 09/01/2016 -- The cloud is set to revolutionize the way BPO service providers extend their offerings and help organizations reap benefits by outsourcing their business processes. For instance, applications can be made available over the network on-demand, with the cloud operating like any other utility service (turning an application on/off on-demand). This eliminates the need to invest in IT infrastructure, resulting in significant cost reduction. These benefits become evident, particularly, for organizations with legacy systems that require high maintenance and upgrades. Such organizations can reap substantial benefits by moving to the cloud and outsourcing their business processes.

Technavio's analysts forecast the cloud-based BPO market in APAC to grow at a CAGR of 14.27% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the cloud-based BPO market in APAC for 2016-2020. To calculate the market size, the report considers the revenue generated from cloud-based BPO services in APAC.

Get More Details on this Report and a Full Table of Contents at Cloud-based BPO Market in APAC 2016-2020

The market is divided into the following segments based on geographical segmentation by revenue:

-Americas
-APAC
-EMEA

Technavio's report, Cloud-Based BPO Market in APAC 2016-2020, 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
-Cognizant Technology Solutions
-IBM
-Infosys
-TCS

Other prominent vendors

-ADP
-Advance Payroll Services
-Aegis
-AntWorks
-Atos
-Avaloq Sourcing Asia Pacific
-CA Technologies
-CSC
-Capgemini
-Dell
-EXL
-Firstsource
-Fujitsu
-Genpact
-HCL Technologies
-Hexaware
-HP
-i-Admin
-Infosys
-ITC Infotech
-NGA Human Resources
-Oracle
-Orange Business Services
-Pay Asia
-Sungard
-Sutherland Global services
-Teletech
-Tiger Consulting
-Wipro
-WNS
-Xerox

Market driver

-Increased need for cost-effective business processes
-For a full, detailed list, view our report

Market challenge

-Data security and privacy concerns
-For a full, detailed list, view our report

Market trend

-Growing popularity of data analytics
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Accenture, , Cognizant Technology Solutions, , IBM, , Infosys, , TCS, , ADP, , Advance Payroll Services, , Aegis, , AntWorks, , Atos, , Avaloq Sourcing Asia Pacific, , CA Technologies, , CSC, , Capgemini, , Dell, , EXL, , Firstsource, , Fujitsu, , Genpact, , HCL Technologies, , Hexaware, , HP, , i-Admin, , Infosys, , ITC Infotech, , NGA Human Resources, , Oracle, , Orange Business Services, , Pay Asia, , Sungard, , Sutherland Global services, , Teletech, , Tiger Consulting, , Wipro, , WNS, , Xerox.

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