The Business Research Company’s Software
And BPO Services global market report, covers the year-on-year growth of the global
Software And BPO Services market historic and forecast growth. It also includes
chapters on the Software And BPO Services market trends, geographical
analysis, and competitive landscape.
Order The Report At: https://www.thebusinessresearchcompany.com/report/software-and-bpo-services-global-market-report
The global software and BPO services market
size is expected to reach $1.2 trillion by 2022, significantly growing at a
CAGR of around 10% during the forecast period.
Software
And BPO Services Market Trends
The
software and BPO services market consists of sales of software and BPO services
by entities (organizations, sole traders and partnerships) that provide
software and BPO services including application software programming services,
computer program (software) development, computer software support services and
web design services. This market includes sales of related goods.
Many
BPO companies are automating processes through Robotic Process Automation
(RPA).RPA automates processes that are repetitive, rule-based and frequent.
RPAs are considered to be cost effective as they normally cost one-tenth of a
Full Time Equivalent (FTE) person working in the US, UK or a third of the cost
of an FTE working offshore. For instance, a major bank automated Fraudulent
Account Closure, Loan Application Opening and Right of Set Off processes that
saved over 120 FTE and reduced bad debt provision by £175m per annum.
The global Software And BPO
Services market
is primarily driven by rise in disposable income, growing population, increase
in economic growth and expanded smart cities.
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Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=2145&type=smp
The global Software And BPO
Services market
report covers the following regions under the geographical analysis section:
Asia Pacific, Western Europe, North America, Middle East, Africa, South
America, and Eastern Europe. Major countries under each of these regions are
also covered under the country analysis chapters.
With increase in technological development and
high valuations on technology companies, the global Software And BPO Services market
is expected to increase in potential and scope. TBRC’s report also covers the Software
And BPO Services drivers and restraints in the market.
The global Software And BPO
Services market’s
segment shares in each geographic region are mentioned in the report, along
with the historic and forecast growth rates for each segment presented visually
with supporting reasons to justify the growth rates.
The top companies included in the global Software
And BPO Services market report are IBM, Fujitsu, HPE, SAP, and Accenture.
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