India IT and BPO Services Market 2018-2022: Increased Adoption of Application Outsourcing, Digital Transformation in Organizations & Adoption of Software-Defined Infrastructure

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Jan 29, 2018, 11:00 ET

DUBLIN, Jan. 29, 2018 /PRNewswire/ --

The "IT and BPO Services Market in India 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The IT and BPO services market in India to grow at a CAGR of 7.63% during the period 2018-2022.

IT and BPO Services Market in India 2018-2022, 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.

According to the report, one driver in the market is rising cost pressure to maintain in-house IT systems. Globalization has resulted in labor arbitrage, which shifts business processes to less expensive locations. Labor arbitrage is regarded as one of the prospective benefits of business process outsourcing and knowledge process outsourcing processes. Companies that incorporate an outsourcing strategy need not invest in resources or worry about handling their limited available resources. Outsourcing of data analytics processes helps them gain access to skilled talent and advanced analytics technologies in another country with the maintenance of a lean workforce.

One trend in the market is increased adoption of application outsourcing. With the changing business demand, companies are increasingly outsourcing application development services to the IT and BPO service providers to gain the competitive advantage in the marketplace. Organizations are increasingly outsourcing their application development services, as the present market conditions require speed and agility to deliver services.

Further, the report states that one challenge in the market is lack of effective communication between client and vendor. Vendors should effectively communicate with their client to deliver the service in a timely manner. Technical communication in outsourcing contract between client and vendor is required to reduce outsourcing risk and build trust. IT outsourcing projects in India could not be successfully implemented if vendors fail to provide required services. Communication is required at various stages of IT service delivery systems to avoid system failures and provide backup and recovery facility.

Key vendors

Accenture
HCL Technologies
IBM
Infosys

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market outline
Factors affecting IT BPO industry
Advantages and disadvantages of IT BPO
Market ecosystem
Market characteristics
Market segmentation analysis

PART 05: MARKET SIZING

Market definition
Market sizing 2017
Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 07: MARKET SEGMENTATION BY TYPE

Segmentation by type
Comparison by type
Export - Market size and forecast 2017-2022
Domestic - Market size and forecast 2017-2022
Market opportunity by type

PART 08: MARKET SEGMENTATION BY PRODUCT

Segmentation by product
Comparison by product
IT services - Market size and forecast 2017-2022
BPM - Market size and forecast 2017-2022
Software and R&D - Market size and forecast 2017-2022
Market opportunity by product

PART 09: CUSTOMER LANDSCAPE

PART 10: MARKET SEGMENTATION BY END-USER

Segmentation by end-user
Comparison by end-users
Finance - Market size and forecast 2017-2022
Insurance - Market size and forecast 2017-2022
Telecom - Market size and forecast 2017-2022
Healthcare - Market size and forecast 2017-2022
Others - Market size and forecast 2017-2022
Market opportunity by end-user

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 13: MARKET TRENDS

Increased adoption of application outsourcing
Increasing digital transformation in organizations
Increased adoption of software-defined infrastructure

PART 14: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 15: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
IBM
Accenture
HCL Technologies
Infosys

PART 16: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/f4j49p/india_it_and_bpo?w=5

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