0

GAO Market in Latin America - Market Research 2015-2019

  • Published: Sep 2015
  • Pages: 63
  • SKU: IRTNTR6960
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Market outlook of outsourcing market

The availability of cost-effective and advanced technologies and favorable business conditions place Latin America as one of the most preferred locations for the outsourcing market. As a result, Technavio’s market research analysts expect the administrative outsourcing market in Latin America to gain traction at a rate of around 12% by the end of 2019.

The shortage of skilled labor to manage the human capital is posing a challenge to this market. The report predicts that by the end of 2015, Latin America would have a shortage of around 300,000 networking professionals. Outsourcing companies like Capgemini are filling this gap by bringing in workers from other regions.

Competitive landscape and key vendors
The outsourcing market in Latin America is dominated by global companies such as Accenture and IBM. However, growing attrition levels are posing challenges in managing process stability and continuity of operations for the vendors in the market.

The top four vendors in the market are –
•    Accenture
•    Capgemini
•    IBM
•    TCS

Other vendors in the market include ADP, Aon Hewitt, Cognizant, CGI, EXL, Genesys, Genpact, GEP, Infosys, KellyOCG, Kenexa, Manpower Group, NIIT, Noble System, Northgate Arinso, Raytheon, SafeGuard World, Softtek, Sutherland, Tech Mahindra, WNS, Wipro, Xerox, and Xchanging.

Segmentation of the outsourcing market in Latin America by service

  •     Finance and accounting outsourcing (FAO) 
  •     Recruitment process outsourcing (RPO )
  •     Procurement 
  •     Payroll outsourcing 
  •     Training outsourcing  

Latin America presents an attractive opportunity for companies looking to support nearshore and offshore FAO services, especially to the US due to the time-zone proximity and low-cost operations.

Segmentation of the administrative outsourcing market by end user

  •     Manufacturing
  •     Telecom and IT
  •     BFSI
  •     Utilities

The manufacturing sector accounts for the largest share of the market. The manufacturing firms are investing more in human resource and recruitment process outsourcing services as the language intricacies help them provide better services to global companies. These investments are expected to drive the growth of this sector during the forecast period.

Segmentation of the outsourcing market by geography 

  •     Brazil
  •     Mexico
  •     Argentina

Brazil is the leading region in the in terms of contribution and consumption of GAO services and is one of the prominent delivery centers in Latin America. However, high labor cost, high import and service tax, and language barriers are posing challenges for the establishment of service center within the country.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2019?
  • What are the key factors driving the outsourcing market in Latin America? 
  • What are the key market trends impacting the growth of the administrative outsourcing market in Latin America? 
  • What are the challenges to market growth?
  • Who are the key vendors in the Latin American market space?
  • What are the market opportunities and threats faced by the vendors in the outsourcing market?
  • Trending factors influencing the market shares of Brazil, Mexico, and Argentina?
  • What are the key outcomes of the five forces analysis of the general and administrative outsourcing market in Latin America? 

Related reports

PART 01: Executive summary
 Highlights
PART 02: Scope of  the report
 Market overview
 Service offerings
PART 03: Market research methodology
 Research methodology
 Economic indicators
PART 04: Introduction
 Key market highlights
PART 05: Market landscape
 Market overview
 Market size and forecast
 Five forces analysis
PART 06: Market segmentation by services
 Market overview
 FAO market in Latin America
 RPO market in Latin America
 Procurement outsourcing market in Latin America
 Training outsourcing market in Latin America
 Payroll outsourcing market in Latin America
PART 07: Market segmentation by end-user
 Market overview
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
 Competitive scenario
 Other prominent vendors
PART 15: Key vendor analysis
 Accenture
 Capgemini
 IBM
 TCS
PART 16: Appendix
 List of abbreviations
PART 17: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>