Over the years,
enterprises worldwide have become increasingly dependent on technology and
various software products to run their business and drive revenue growth. This
trend is expected to intensify, and therefore the role of outsourcing the
business processes to third party vendors has become vital and it directly
contributes to the organization's agenda.
Cloud computing has
powered many SMEs business with remote workforces to be competitive in the
market. It has provided enterprises with an opportunity to work together
without any geographical constraints. In addition, it has also helped many
organization to strengthen their customer base through modern innovative
infrastructure that aids them to perform business operations real-time without
any bandwidth limitation and latency.
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The increased need for cost effective business process is playing a
significant role in shaping the future of the global cloud-based BPO market.
Recently, most of the business enterprises are looking forward to incorporate
their various business process to cloud to gain a competitive advantage across all
major verticals in emerging market. Moreover, the integration of various
business process in cloud is predicted to amplify the growth of the business
further, while ensuring the compliance and regulatory standards.
Technavio's analysts forecast the global cloud-based BPO market to grow
at a CAGR of 11.39 percent over the period 2014-2019.
Covered in this Report
This report covers
market segmentation by services: HR, finance and accounting, payments, customer
management, e-commerce, and others (such as advertising, supply management and
industry operations) and by geography. In addition, it covers the information about
the overview of cloud market and its deployment models and sub-segments: IaaS,
PaaS and SaaS.
Technavio's report, Global Cloud-based BPO Market 2015-2019, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the global cloud-based BPO market landscape and its
growth prospects in the coming years. It also includes profile of key vendors
operating in this market.
Market Driver
·
Increased
focus toward cost effective business operation
·
For a
full, detailed list, view our report
Market Challenge
·
Security
and data privacy issues
·
For a
full, detailed list, view our report
Market trend
·
Cloud
brokerage services
·
For a
full, detailed list, view our report
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Key Questions Answered in
this Report
- What will the market size be in 2019 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?
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About Us:
Hexa Reports is a market
research and consulting organization, offering industry reports, custom research
and consulting services to a host of key industries across the globe. We offer
comprehensive business intelligence in the form of industry reports which help
our clients obtain clarity about their business environment and enable them to
undertake strategic growth initiatives.
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