Software And BPO Services Market Global Report 2017
LONDON, Aug. 15, 2017 /PRNewswire/ -- Software services include application software programming services, computer program (software) development, computer software support services and web design services. Software service companies' document, design, create, test and maintain applications, using a planned and structured process. Customers for software services include commercial establishments operating in manufacturing, telecoms, fast moving consumer goods (FMCG) verticals and other industries and government organizations. BPO Services companies perform basic operations of a business process such as human resource, finance and accounting of a manufacturing, retail or an automobile company.
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The Americas was the largest region in the software and BPO services market in 2016, accounting for $around 38% market share. This was due to rapid growth in demand for software services from professional services companies such as finance, HR companies and from manufacturing companies. Asia was the second largest region accounting for around 33% market share. Europe was the third largest region accounting for around 26% market share.
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