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The IT and BPO services market in India is forecasted to grow by USD 214.8 billion during 2024-2029, accelerating at a CAGR of 12.3% during the forecast period. The report on the IT and BPO services market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising cost pressure to maintain in-house it systems, need to focus on core competencies and improve efficiency, and access to new technology, domain expertise, and round-the-clock service.
The IT and BPO services market in India is segmented as below:
By End-user
- Finance
- Insurance
- Telecom
- Healthcare
- Others
By Type
- Export
- Domestic
By Product
- IT services
- BPM
- Software and research and development
By Geographical Landscape
- APAC
The report on the IT and BPO services market in India covers the following areas:
- IT and BPO Services Market in India sizing
- IT and BPO Services Market in India forecast
- IT and BPO Services Market in India industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by End-user
9 Market Segmentation by Type
10 Market Segmentation by Product
11 Customer Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global IT and BPO services market in India: Accenture PLC, Automatic Data Processing Inc., Cognizant Technology Solutions Corp., ExlService Holdings Inc., Firstsource Solutions Ltd., Genpact Ltd., HCL Technologies Ltd., Hinduja Group Ltd., Infosys Ltd., International Business Machines Corp., Morae Global Corp., Serco Group PLC, Srisys Inc., StarTek Inc., Sutherland Global Services Inc., Tata Consultancy Services Ltd., Tech Mahindra Ltd., TTEC Holdings Inc., Wipro Ltd., and WNS Holdings Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increased adoption of application outsourcing."
According to the report, one of the major drivers for this market is the rising cost pressure to maintain in-house it systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture Plc
- Automatic Data Processing Inc.
- Cognizant Technology Solutions Corp.
- ExlService Holdings Inc.
- Firstsource Solutions Ltd.
- Genpact Ltd.
- HCL Technologies Ltd.
- Hinduja Group Ltd.
- Infosys Ltd.
- International Business Machines Corp.
- Morae Global Corp.
- Serco Group Plc
- Srisys Inc.
- StarTek Inc.
- Sutherland Global Services Inc.
- Tata Consultancy Services Ltd.
- Tech Mahindra Ltd.
- TTEC Holdings Inc.
- Wipro Ltd.
- WNS Holdings Ltd.
