Data Analytics Outsourcing Market size to grow at 30% CAGR from 2016 to 2023

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Data Analytics Outsourcing Market size forecast
to grow at over 30 CAGR from 2016 to 2023, to be
valued at over USD 6 billion by 2023 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Data Analytics Outsourcing
Market

• Asia Pacific data analytics outsourcing market is
  expected to be the most attractive region.
  Countries such as China, Philippines, and India
  are estimated to have major growth contribution.
• Revenue generation can also be dedicated to
  presence of mature BPO (business process
  outsourcing) environments. Highly skilled labor,
  efficient technology infrastructure, and lower
  labor costs are also easily accessible in these
  regions.
• Additional benefits include IT services
  adjacency. North America is likely to experience
  considerable growth, form 2016 to 2023.

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Application Analysis of Data Analytics
Outsourcing Market

• On the basis of application, the data analytics
  outsourcing market can be segregated into retail
  and consumer packaged goods (CPG), banking,
  financial services insurance (BFSI),
  healthcare, manufacturing and telecom.
• This tool enhances the organizations operational
  efficiency and thus facilitate in designing and
  providing better quality products to the wide
  consumer base across various industry sectors. It
  also assists in extracting actual information and
  also improves the decision-making process.
• Escalating use of mobile devices for numerous
  purposes such as tracking, GPS navigation,
  geo-targeted mobile advertising, toll collection,
  and remote personal car safety are predicted to
  propel the industry demand from 2016 to 2023.

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Competitive Market Share of Data Analytics
Outsourcing Market

• Key participants accumulating substantial data
  analytics outsourcing market share include Tata
  Consultancy Services, CITI Fractal Analytics,
  Cognizant Technology Solutions, ZS Associates,
  WIPRO, Opera Solutions, Mu Sigma, and Infosys.
• Other prominent industry partners are Capgemini,
  American Express, Citigroup, eClerx Services, EXL
  Services Holding, Evalueserve, Genpact, CRISIL,
  WNS Holdings, and UBS.

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