Data-entry Outsourcing Services Market | Industry Outlook and Forecast
Acelerartech, Acquire BPO Pty Ltd, Arcgate, ARDEM Inc., Cogneesol BPO Pvt. Ltd., CyberData India, DataMondial, Inspur Worldwide Services Ltd. are some of the leading market vendors
Increasing need for cost-effective solutions to improve efficiency is one of the key factors likely to drive market growth. Data-entry outsourcing services help enterprises to save time and training costs by delegating non-important tasks to service providers. As most enterprises do not have the experience, expertise, and human resources to undertake data-entry operating processes properly, they can rely on data entry services.
The Global Data-entry outsourcing services market is expected to grow by $ 504.12 million, decelerating at a CAGR of 5.95% till 2025. This research report analyses all the growth drivers that are likely to boost market growth along with market trends. The report also assesses the market segments and regional segments to provide a comprehensive analysis of the market in focus. The purpose of this research report is to create a 360-degree view of the market for our clients. The key takeaways from this report will equip our client with clear insights to strategize future growth plans.
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Data-entry Outsourcing Services Market: Segments and Geographical Regions
- This report segments the market End-user (BFSI, IT and telecom, Manufacturing, Healthcare, and Others) and Geography (APAC, North America, South America, Europe, and MEA).
- Growth by the BFSI segment will be significant during the forecast period. BFSI is a highly methodical and structured sector that lays down hard-coded procedures, which an employee must adhere to in day-to-day activities. The processes are data-intensive, and implementing these procedures involves a lot of paperwork. Therefore, BFSI companies are outsourcing their content and data management responsibilities to reliable data-entry partners that employ specialized resources for efficient data management.
- 46% of the market growth will originate from APAC during the forecast period. India, China, and the Philippines are the key markets for the data-entry outsourcing services market in the region. Market growth in this region will be faster than the growth of the market in South America and MEA.
- This research report will provide insights into the current market share of each segment along with growth projections for the next five years. Request our Free Sample Report
Data-entry Outsourcing Services Market: Vendor Analysis
- The market is fragmented due to the presence of several players.
- The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
- Acelerartech, Acquire BPO Pty Ltd, Arcgate, ARDEM Inc., Cogneesol BPO Pvt. Ltd., CyberData India, DataMondial, Inspur Worldwide Services Ltd., Invensis Technologies Pvt Ltd., and Keyoung Information Ltd. are some of the major market participants.
Market Segmentation by End-user
- Data-entry Outsourcing Services Market Split by End-user
- IT and telecom
- Data-entry Outsourcing Services Market Split by Geography
- North America
- South America
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Competitive scenario
- Vendor landscape
- Landscape disruption
- Acquire BPO Pty Ltd
- ARDEM Inc.
- Cogneesol BPO Pvt. Ltd.
- CyberData India
- Inspur Worldwide Services Ltd.
- Invensis Technologies Pvt Ltd.
- Keyoung Information Ltd.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market will decelerate at a CAGR of 5.95%.
- What is the incremental growth of the market?
The market is expected to grow by $ 504.12 mn through 2021-2025.
- What is a key factor driving this market?
Increasing need for cost-effective solutions to improve efficiency will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, North America, South America, Europe, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
46% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Acelerartech, Acquire BPO Pty Ltd, Arcgate, ARDEM Inc., Cogneesol BPO Pvt. Ltd., CyberData India, DataMondial, Inspur Worldwide Services Ltd., Invensis Technologies Pvt Ltd., and Keyoung Information Ltd.
- What are the market segments covered in this report?
The market is segmented by End-user (BFSI, IT and telecom, Manufacturing, Healthcare, and Others) and Geography (APAC, North America, South America, Europe, and MEA)