{"id":563952,"date":"2021-09-17T04:02:01","date_gmt":"2021-09-17T04:02:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=563952"},"modified":"2021-09-17T04:02:01","modified_gmt":"2021-09-17T04:02:01","slug":"south-africa-business-process-outsourcing-market-industry-demands-top-key-players-industry-analysis-forecast-by-2027-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/south-africa-business-process-outsourcing-market-industry-demands-top-key-players-industry-analysis-forecast-by-2027-grand-view-research-inc_563952.html","title":{"rendered":"South Africa Business Process Outsourcing Market: Industry Demands, Top Key Players, Industry Analysis & Forecast by 2027 | Grand View Research, Inc."},"content":{"rendered":"
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“Grand View Research, Inc. \u2013 Market Research And Consulting.”<\/div>\n<\/div>\n<\/div>\n
According to a new report published by Grand View Research, the market growth is characterized by advances in technology, continued innovation, and intensifying competition, a trend that is expected to continue from 2020 to 2027<\/div>\n

The South Africa business process outsourcing market<\/strong><\/a> size is projected to reach USD 3.6 billion<\/strong> by 2027<\/strong>, growing at a CAGR of 13.2%<\/strong> during the forecast period, according to a study conducted by Grand View Research, Inc.<\/strong> South Africa BPO industry has been a strong performer for the past several years. The solid performance of the BPO sector in SA is due to the support it has received from the national government. Operational resilience combined with continued government support, can retain, and even exceed the growth rate of the regional BPO sector and expand its range of solutions offered to global clients.<\/p>\n

Supportive government initiatives are expected to accelerate market growth. The Department of Trade and Industry has played a critical role in drawing international investments into the BPO sector. Government incentives to the BPO market have helped to encourage a flurry of international investment in the regional market.<\/p>\n

However, the cost of telecommunication solutions and services prevails as a primary challenge for market growth. The relatively higher cost of telecommunication solutions and services in South Africa compared to other preferred BPO destinations across the globe necessitates the Government, IT & telecom companies as well as other industry players and stakeholders to work in a collaborative way to increase the local manufacturing, expand networks, and further reduce connectivity tariffs to help drive the market growth.<\/p>\n

Browse full report with Table of Content @<\/strong> https:\/\/www.grandviewresearch.com\/industry-analysis\/south-africa-business-process-outsourcing-market<\/a><\/p>\n

South Africa Business Process Outsourcing Market Report Highlights<\/strong><\/p>\n

• The market has emerged as a leading global BPO hub and is still growing at a positive rate<\/p>\n

• The BPO sector in South Africa is powered by a tech-savvy and educated workforce and a business climate that is favorable for exceptional quality customer engagement BPOs<\/p>\n

• The regional government is strongly committed to the constant skills development of its BPO labor force to ensure expansion and growth of the sector<\/p>\n

• The finance & accounting service segment is expected to grow at a CAGR of 13.6% over the forecast period as banks and several financial institutions have always been considering BPO as a means for improving cost-efficiency<\/p>\n

• The IT & telecommunication end-use segment accounted for the largest revenue share of over 35% in 2019<\/p>\n

• However, BFSI is anticipated to be the fastest-growing end-use segment over the forecast period<\/p>\n

For Requesting a Sample Copy of This Report, Please Visit @<\/strong> https:\/\/www.grandviewresearch.com\/industry-analysis\/south-africa-business-process-outsourcing-market\/request\/rs1<\/a><\/p>\n

South Africa Business Process Outsourcing Market Segmentation<\/strong><\/p>\n

Grand View Research has segmented the South Africa BPO market on the basis of service and end use:<\/p>\n

South Africa BPO Service Outlook (Revenue, USD Million, 2016 – 2027)<\/strong><\/p>\n

    • Finance & Accounting                                                       <\/p>\n

    • Human Resources<\/p>\n

    • Knowledge Process Outsourcing (KPO)<\/p>\n

    • Procurement & Supply Chain     <\/p>\n

    • Customer Services<\/p>\n

    • Others<\/p>\n

South Africa BPO End-use Outlook (Revenue, USD Million, 2016 – 2027)                                                                           <\/strong><\/p>\n

    • Banking, Financial Services, and Insurance (BFSI)<\/p>\n

    • Healthcare<\/p>\n

    • Manufacturing<\/p>\n

    • IT & Telecommunication<\/p>\n

    • Retail<\/p>\n

    • Others<\/p>\n

List of Key players of South Africa BPO Market<\/strong><\/p>\n

    • Accenture Plc<\/p>\n

    • Amdocs<\/p>\n

    • Capgemini<\/p>\n

    • HCL Technologies Ltd. <\/p>\n

    • IBM Corp.<\/p>\n

    • Infosys Ltd. (Infosys BPM)<\/p>\n

    • NCR Corp.<\/p>\n

    • Sodexo<\/p>\n

    • TTEC Holdings, Inc.    <\/p>\n

    • Wipro Ltd.<\/p>\n

    • Mango5 BPO<\/p>\n

    • Indox (PTY) Ltd.<\/p>\n

    • Outworx Contact Centre<\/p>\n

    • SA Commercial         <\/p>\n

    • Talksure Group<\/p>\n

    • Boomerang Marketing<\/p>\n

    • iContactbpo<\/p>\n

    • 121 BPO Services<\/p>\n

    • Altron      <\/p>\n

    • The IT Guys<\/p>\n

    • Merchants SA (Pty) Ltd.<\/p>\n

    • CCI South Africa<\/p>\n

    • Capita plc<\/p>\n

    • Digicall Group           <\/p>\n

    • DSG Group<\/p>\n

    • Startek<\/p>\n

    • WNS (Holdings) Ltd.<\/p>\n

    • Webhelp<\/p>\n

    • O’Keeffe & Swartz      <\/p>\n

    • Ignition Group<\/p>\n

    • Rewardsco<\/p>\n

    • Teleperformance SE<\/p>\n

    • Encore Capital Group<\/p>\n

    • Pra Group, Inc.<\/p>\n

    • Paschoalotto Logo<\/p>\n

    • Pioneer Credit<\/p>\n

    • Credit Corp Group<\/p>\n

    • Collection House Ltd.<\/p>\n

Inquire more or share questions if any before the purchase on this report @<\/strong> https:\/\/www.grandviewresearch.com\/inquiry\/451162\/ibb<\/a><\/p>\n

Browse More Related Report:<\/strong><\/p>\n

Business Process Outsourcing Market<\/strong><\/a> Size, Share & Trends Analysis Report By Service Type (Customer Services, Finance & Accounting), By End-use (IT & Telecommunication, BFSI), By Region, And Segment Forecasts, 2021 – 2028<\/p>\n

About Grand View Research<\/strong><\/p>\n

Grand View Research is a market research and consulting company based in the State of California with headquarters in San Francisco. The company offers consulting services tailored for business organizations to assist them with understanding and exploring their potential on a large scale. At the same time, Grand View Research caters to the individual research needs to provide a customized research service.<\/p>\n

Grand View Research is fully committed to offer the best research services in the Industry. Our dedicated team of experienced analysts offer full capability and potential to precisely understand your research needs.<\/p>\n

Media Contact<\/span>
Company Name:<\/strong> Grand View Research, Inc.<\/a>
Contact Person:<\/strong> Sherry James, Corporate Sales Specialist – U.S.A.
Email:<\/strong> Send Email<\/a>
Phone:<\/strong> 1888202951
Address:<\/strong>Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City:<\/strong> San Francisco
State:<\/strong> California
Country:<\/strong> United States
Website:<\/strong> https:\/\/www.grandviewresearch.com\/industry-analysis\/south-africa-business-process-outsourcing-market<\/a><\/p>\n

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“Grand View Research, Inc. \u2013 Market Research And Consulting.” According to a new report published by Grand View Research, the market growth is characterized by advances in technology, continued innovation, and intensifying competition, a trend that is expected to continue … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,411,416],"tags":[],"class_list":["post-563952","post","type-post","status-publish","format-standard","hentry","category-Business","category-Technology","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/563952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=563952"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/563952\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=563952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=563952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=563952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}