The Business Process as a Service (BPaaS) is offered by companies to assist businesses to enable BPO over mobile platforms while reducing labor count through automation. The BPaaS model is accessible through internet-based technologies. Advancements in technologies including artificial intelligence (AI) and machine learning has led to robust adoption of the service by the enterprises in developed as well as developing nations. BFSI companies are increasingly adopting the services for the optimization of their business processes.
MARKET DYNAMICS
The BPaaS market is anticipated to witness optimal growth in the forecast period owing to driving factors such as a growing need for cost-effective IT infrastructure and data accessibility coupled with increasing adoption of cloud-based services among industries. Furthermore, the surging demand for business process analytics is expected to propel the market growth. However, cybersecurity threats may hamper the growth of the BPaaS market. Nonetheless, the growing adoption of cloud computing in the developing countries is likely to offer growth opportunities to the players operating in the BPaaS market.
MARKET SCOPE
The "Global Business Process as a Service Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of BPaaS market with detailed market segmentation by offerings, application, deployment, end user industry, and geography. The global BPaaS market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading BPaaS market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global BPaaS market is segmented on the basis of offerings, application, deployment, and end user industry. Based on offerings, the market is segmented as professional service and managed service. On the basis of the application the market is segmented as finance and accounting, analytics and reporting, digital asset management, supply chain management, and others. By deployment, the market is segmented as on premise and cloud. The market on the basis of the end user industry is classified as BFSI, IT and telecom, manufacturing, healthcare and pharmaceutical, and others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global BPaaS market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The BPaaS market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting BPaaS market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the BPaaS market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global BPaaS market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The BPaaS market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting BPaaS market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the BPaaS market in these regions.
MARKET PLAYERS
The reports cover key developments in the BPaaS market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from BPaaS market are anticipated to lucrative growth opportunities in the future with the rising demand for BPaaS in the global market. Below mentioned is the list of few companies engaged in the BPaaS market.
The report also includes the profiles of key BPaaS companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Accenture PLC
- Capgemini SE
- Cognizant Technology Solutions
- Fujitsu Limited
- Genpact
- IBM Corporation
- Oracle Corporation
- Tata Consultancy Services Limited
- Tech Mahindra Limited
- Wipro Limited
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Business Process As A Service BPaaS Market - By Offerings
1.3.2 Business Process As A Service BPaaS Market - By Application
1.3.3 Business Process As A Service BPaaS Market - By Deployment
1.3.4 Business Process As A Service BPaaS Market - By End user Industry
1.3.5 Business Process As A Service BPaaS Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BUSINESS PROCESS AS A SERVICE BPAAS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. BUSINESS PROCESS AS A SERVICE BPAAS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. BUSINESS PROCESS AS A SERVICE BPAAS MARKET - GLOBAL MARKET ANALYSIS
6.1. BUSINESS PROCESS AS A SERVICE BPAAS - GLOBAL MARKET OVERVIEW
6.2. BUSINESS PROCESS AS A SERVICE BPAAS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BUSINESS PROCESS AS A SERVICE BPAAS MARKET - REVENUE AND FORECASTS TO 2028 - OFFERINGS
7.1. OVERVIEW
7.2. OFFERINGS MARKET FORECASTS AND ANALYSIS
7.3. PROFESSIONAL SERVICE
7.3.1. Overview
7.3.2. Professional Service Market Forecast and Analysis
7.4. MANAGED SERVICE
7.4.1. Overview
7.4.2. Managed Service Market Forecast and Analysis
8. BUSINESS PROCESS AS A SERVICE BPAAS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FINANCE AND ACCOUNTING
8.3.1. Overview
8.3.2. Finance and Accounting Market Forecast and Analysis
8.4. ANALYTICS AND REPORTING
8.4.1. Overview
8.4.2. Analytics and Reporting Market Forecast and Analysis
8.5. DIGITAL ASSET MANAGEMENT
8.5.1. Overview
8.5.2. Digital Asset Management Market Forecast and Analysis
8.6. SUPPLY CHAIN MANAGEMENT
8.6.1. Overview
8.6.2. Supply Chain Management Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. BUSINESS PROCESS AS A SERVICE BPAAS MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT
9.1. OVERVIEW
9.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
9.3. ON PREMISE
9.3.1. Overview
9.3.2. On premise Market Forecast and Analysis
9.4. CLOUD
9.4.1. Overview
9.4.2. Cloud Market Forecast and Analysis
10. BUSINESS PROCESS AS A SERVICE BPAAS MARKET - REVENUE AND FORECASTS TO 2028 - END USER INDUSTRY
10.1. OVERVIEW
10.2. END USER INDUSTRY MARKET FORECASTS AND ANALYSIS
10.3. BFSI
10.3.1. Overview
10.3.2. BFSI Market Forecast and Analysis
10.4. IT AND TELECOM
10.4.1. Overview
10.4.2. IT and Telecom Market Forecast and Analysis
10.5. MANUFACTURING
10.5.1. Overview
10.5.2. Manufacturing Market Forecast and Analysis
10.6. HEALTHCARE AND PHARMACEUTICAL
10.6.1. Overview
10.6.2. Healthcare and Pharmaceutical Market Forecast and Analysis
10.7. OTHERS
10.7.1. Overview
10.7.2. Others Market Forecast and Analysis
11. BUSINESS PROCESS AS A SERVICE BPAAS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Business Process As A Service BPaaS Market Overview
11.1.2 North America Business Process As A Service BPaaS Market Forecasts and Analysis
11.1.3 North America Business Process As A Service BPaaS Market Forecasts and Analysis - By Offerings
11.1.4 North America Business Process As A Service BPaaS Market Forecasts and Analysis - By Application
11.1.5 North America Business Process As A Service BPaaS Market Forecasts and Analysis - By Deployment
11.1.6 North America Business Process As A Service BPaaS Market Forecasts and Analysis - By End user Industry
11.1.7 North America Business Process As A Service BPaaS Market Forecasts and Analysis - By Countries
11.1.7.1 United States Business Process As A Service BPaaS Market
11.1.7.1.1 United States Business Process As A Service BPaaS Market by Offerings
11.1.7.1.2 United States Business Process As A Service BPaaS Market by Application
11.1.7.1.3 United States Business Process As A Service BPaaS Market by Deployment
11.1.7.1.4 United States Business Process As A Service BPaaS Market by End user Industry
11.1.7.2 Canada Business Process As A Service BPaaS Market
11.1.7.2.1 Canada Business Process As A Service BPaaS Market by Offerings
11.1.7.2.2 Canada Business Process As A Service BPaaS Market by Application
11.1.7.2.3 Canada Business Process As A Service BPaaS Market by Deployment
11.1.7.2.4 Canada Business Process As A Service BPaaS Market by End user Industry
11.1.7.3 Mexico Business Process As A Service BPaaS Market
11.1.7.3.1 Mexico Business Process As A Service BPaaS Market by Offerings
11.1.7.3.2 Mexico Business Process As A Service BPaaS Market by Application
11.1.7.3.3 Mexico Business Process As A Service BPaaS Market by Deployment
11.1.7.3.4 Mexico Business Process As A Service BPaaS Market by End user Industry
11.2. EUROPE
11.2.1 Europe Business Process As A Service BPaaS Market Overview
11.2.2 Europe Business Process As A Service BPaaS Market Forecasts and Analysis
11.2.3 Europe Business Process As A Service BPaaS Market Forecasts and Analysis - By Offerings
11.2.4 Europe Business Process As A Service BPaaS Market Forecasts and Analysis - By Application
11.2.5 Europe Business Process As A Service BPaaS Market Forecasts and Analysis - By Deployment
11.2.6 Europe Business Process As A Service BPaaS Market Forecasts and Analysis - By End user Industry
11.2.7 Europe Business Process As A Service BPaaS Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Business Process As A Service BPaaS Market
11.2.7.1.1 Germany Business Process As A Service BPaaS Market by Offerings
11.2.7.1.2 Germany Business Process As A Service BPaaS Market by Application
11.2.7.1.3 Germany Business Process As A Service BPaaS Market by Deployment
11.2.7.1.4 Germany Business Process As A Service BPaaS Market by End user Industry
11.2.7.2 France Business Process As A Service BPaaS Market
11.2.7.2.1 France Business Process As A Service BPaaS Market by Offerings
11.2.7.2.2 France Business Process As A Service BPaaS Market by Application
11.2.7.2.3 France Business Process As A Service BPaaS Market by Deployment
11.2.7.2.4 France Business Process As A Service BPaaS Market by End user Industry
11.2.7.3 Italy Business Process As A Service BPaaS Market
11.2.7.3.1 Italy Business Process As A Service BPaaS Market by Offerings
11.2.7.3.2 Italy Business Process As A Service BPaaS Market by Application
11.2.7.3.3 Italy Business Process As A Service BPaaS Market by Deployment
11.2.7.3.4 Italy Business Process As A Service BPaaS Market by End user Industry
11.2.7.4 United Kingdom Business Process As A Service BPaaS Market
11.2.7.4.1 United Kingdom Business Process As A Service BPaaS Market by Offerings
11.2.7.4.2 United Kingdom Business Process As A Service BPaaS Market by Application
11.2.7.4.3 United Kingdom Business Process As A Service BPaaS Market by Deployment
11.2.7.4.4 United Kingdom Business Process As A Service BPaaS Market by End user Industry
11.2.7.5 Russia Business Process As A Service BPaaS Market
11.2.7.5.1 Russia Business Process As A Service BPaaS Market by Offerings
11.2.7.5.2 Russia Business Process As A Service BPaaS Market by Application
11.2.7.5.3 Russia Business Process As A Service BPaaS Market by Deployment
11.2.7.5.4 Russia Business Process As A Service BPaaS Market by End user Industry
11.2.7.6 Rest of Europe Business Process As A Service BPaaS Market
11.2.7.6.1 Rest of Europe Business Process As A Service BPaaS Market by Offerings
11.2.7.6.2 Rest of Europe Business Process As A Service BPaaS Market by Application
11.2.7.6.3 Rest of Europe Business Process As A Service BPaaS Market by Deployment
11.2.7.6.4 Rest of Europe Business Process As A Service BPaaS Market by End user Industry
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Business Process As A Service BPaaS Market Overview
11.3.2 Asia-Pacific Business Process As A Service BPaaS Market Forecasts and Analysis
11.3.3 Asia-Pacific Business Process As A Service BPaaS Market Forecasts and Analysis - By Offerings
11.3.4 Asia-Pacific Business Process As A Service BPaaS Market Forecasts and Analysis - By Application
11.3.5 Asia-Pacific Business Process As A Service BPaaS Market Forecasts and Analysis - By Deployment
11.3.6 Asia-Pacific Business Process As A Service BPaaS Market Forecasts and Analysis - By End user Industry
11.3.7 Asia-Pacific Business Process As A Service BPaaS Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Business Process As A Service BPaaS Market
11.3.7.1.1 Australia Business Process As A Service BPaaS Market by Offerings
11.3.7.1.2 Australia Business Process As A Service BPaaS Market by Application
11.3.7.1.3 Australia Business Process As A Service BPaaS Market by Deployment
11.3.7.1.4 Australia Business Process As A Service BPaaS Market by End user Industry
11.3.7.2 China Business Process As A Service BPaaS Market
11.3.7.2.1 China Business Process As A Service BPaaS Market by Offerings
11.3.7.2.2 China Business Process As A Service BPaaS Market by Application
11.3.7.2.3 China Business Process As A Service BPaaS Market by Deployment
11.3.7.2.4 China Business Process As A Service BPaaS Market by End user Industry
11.3.7.3 India Business Process As A Service BPaaS Market
11.3.7.3.1 India Business Process As A Service BPaaS Market by Offerings
11.3.7.3.2 India Business Process As A Service BPaaS Market by Application
11.3.7.3.3 India Business Process As A Service BPaaS Market by Deployment
11.3.7.3.4 India Business Process As A Service BPaaS Market by End user Industry
11.3.7.4 Japan Business Process As A Service BPaaS Market
11.3.7.4.1 Japan Business Process As A Service BPaaS Market by Offerings
11.3.7.4.2 Japan Business Process As A Service BPaaS Market by Application
11.3.7.4.3 Japan Business Process As A Service BPaaS Market by Deployment
11.3.7.4.4 Japan Business Process As A Service BPaaS Market by End user Industry
11.3.7.5 South Korea Business Process As A Service BPaaS Market
11.3.7.5.1 South Korea Business Process As A Service BPaaS Market by Offerings
11.3.7.5.2 South Korea Business Process As A Service BPaaS Market by Application
11.3.7.5.3 South Korea Business Process As A Service BPaaS Market by Deployment
11.3.7.5.4 South Korea Business Process As A Service BPaaS Market by End user Industry
11.3.7.6 Rest of Asia-Pacific Business Process As A Service BPaaS Market
11.3.7.6.1 Rest of Asia-Pacific Business Process As A Service BPaaS Market by Offerings
11.3.7.6.2 Rest of Asia-Pacific Business Process As A Service BPaaS Market by Application
11.3.7.6.3 Rest of Asia-Pacific Business Process As A Service BPaaS Market by Deployment
11.3.7.6.4 Rest of Asia-Pacific Business Process As A Service BPaaS Market by End user Industry
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Business Process As A Service BPaaS Market Overview
11.4.2 Middle East and Africa Business Process As A Service BPaaS Market Forecasts and Analysis
11.4.3 Middle East and Africa Business Process As A Service BPaaS Market Forecasts and Analysis - By Offerings
11.4.4 Middle East and Africa Business Process As A Service BPaaS Market Forecasts and Analysis - By Application
11.4.5 Middle East and Africa Business Process As A Service BPaaS Market Forecasts and Analysis - By Deployment
11.4.6 Middle East and Africa Business Process As A Service BPaaS Market Forecasts and Analysis - By End user Industry
11.4.7 Middle East and Africa Business Process As A Service BPaaS Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Business Process As A Service BPaaS Market
11.4.7.1.1 South Africa Business Process As A Service BPaaS Market by Offerings
11.4.7.1.2 South Africa Business Process As A Service BPaaS Market by Application
11.4.7.1.3 South Africa Business Process As A Service BPaaS Market by Deployment
11.4.7.1.4 South Africa Business Process As A Service BPaaS Market by End user Industry
11.4.7.2 Saudi Arabia Business Process As A Service BPaaS Market
11.4.7.2.1 Saudi Arabia Business Process As A Service BPaaS Market by Offerings
11.4.7.2.2 Saudi Arabia Business Process As A Service BPaaS Market by Application
11.4.7.2.3 Saudi Arabia Business Process As A Service BPaaS Market by Deployment
11.4.7.2.4 Saudi Arabia Business Process As A Service BPaaS Market by End user Industry
11.4.7.3 U.A.E Business Process As A Service BPaaS Market
11.4.7.3.1 U.A.E Business Process As A Service BPaaS Market by Offerings
11.4.7.3.2 U.A.E Business Process As A Service BPaaS Market by Application
11.4.7.3.3 U.A.E Business Process As A Service BPaaS Market by Deployment
11.4.7.3.4 U.A.E Business Process As A Service BPaaS Market by End user Industry
11.4.7.4 Rest of Middle East and Africa Business Process As A Service BPaaS Market
11.4.7.4.1 Rest of Middle East and Africa Business Process As A Service BPaaS Market by Offerings
11.4.7.4.2 Rest of Middle East and Africa Business Process As A Service BPaaS Market by Application
11.4.7.4.3 Rest of Middle East and Africa Business Process As A Service BPaaS Market by Deployment
11.4.7.4.4 Rest of Middle East and Africa Business Process As A Service BPaaS Market by End user Industry
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Business Process As A Service BPaaS Market Overview
11.5.2 South and Central America Business Process As A Service BPaaS Market Forecasts and Analysis
11.5.3 South and Central America Business Process As A Service BPaaS Market Forecasts and Analysis - By Offerings
11.5.4 South and Central America Business Process As A Service BPaaS Market Forecasts and Analysis - By Application
11.5.5 South and Central America Business Process As A Service BPaaS Market Forecasts and Analysis - By Deployment
11.5.6 South and Central America Business Process As A Service BPaaS Market Forecasts and Analysis - By End user Industry
11.5.7 South and Central America Business Process As A Service BPaaS Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Business Process As A Service BPaaS Market
11.5.7.1.1 Brazil Business Process As A Service BPaaS Market by Offerings
11.5.7.1.2 Brazil Business Process As A Service BPaaS Market by Application
11.5.7.1.3 Brazil Business Process As A Service BPaaS Market by Deployment
11.5.7.1.4 Brazil Business Process As A Service BPaaS Market by End user Industry
11.5.7.2 Argentina Business Process As A Service BPaaS Market
11.5.7.2.1 Argentina Business Process As A Service BPaaS Market by Offerings
11.5.7.2.2 Argentina Business Process As A Service BPaaS Market by Application
11.5.7.2.3 Argentina Business Process As A Service BPaaS Market by Deployment
11.5.7.2.4 Argentina Business Process As A Service BPaaS Market by End user Industry
11.5.7.3 Rest of South and Central America Business Process As A Service BPaaS Market
11.5.7.3.1 Rest of South and Central America Business Process As A Service BPaaS Market by Offerings
11.5.7.3.2 Rest of South and Central America Business Process As A Service BPaaS Market by Application
11.5.7.3.3 Rest of South and Central America Business Process As A Service BPaaS Market by Deployment
11.5.7.3.4 Rest of South and Central America Business Process As A Service BPaaS Market by End user Industry
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. BUSINESS PROCESS AS A SERVICE BPAAS MARKET, KEY COMPANY PROFILES
13.1. ACCENTURE PLC
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. CAPGEMINI SE
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. COGNIZANT TECHNOLOGY SOLUTIONS
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. FUJITSU LIMITED
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. GENPACT
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. IBM CORPORATION
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. ORACLE CORPORATION
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. TATA CONSULTANCY SERVICES LIMITED
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. TECH MAHINDRA LIMITED
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. WIPRO LIMITED
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1.Accenture PLC2.Capgemini SE3.Cognizant Technology Solutions4.Fujitsu Limited5.Genpact6.IBM Corporation7.Oracle Corporation8.Tata Consultancy Services Limited9.Tech Mahindra Limited10.Wipro Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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