Market Overview:
The global data entry service market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for data entry services from large enterprises and SMEs across the globe. Additionally, the growing trend of outsourcing data entry services to third-party service providers is also contributing to the growth of this market. The global data entry service market can be segmented on the basis of type and application. On the basis of type, it can be divided into online service and offline service. Offline services are further classified into manual typing, scanning & OCR, form processing, and others (including verification & validation). On the basis of application, it can be classified into large enterprises and SMEs. Large enterprises are further sub-segmented into BFSI sector, healthcare sector, retail sector, manufacturing sector Others), while SMEs are sub-segmented into IT & telecom sector,, travel & hospitalitysector,, educationsector,.
Product Definition:
Data Entry Service is a service where someone enters data into a computer system. This can be done manually, by keying in the information, or it can be done electronically, by scanning in documents or entering data from other electronic sources. The importance of Data Entry Service is that it ensures that the information contained in computer systems is accurate and up-to-date.
Online Service:
Online service is a collection of tools, techniques, and procedures used to create, manage and deliver online content. Online services are increasingly being used in various sectors such as education & learning (distance education), business & industry (e-commerce), government & defense (e-government) and media & entertainment.
Offline Service:
Offline service is a system that enables data entry operators to work with the data without internet connection. It provides all necessary tools and support for entering, editing, and sorting the entered text. Offline services are used in various sectors such as education, government agencies, banking & finance sector among others where there is a need to enter large amount of data regularly which can be done using offline methods only.
Application Insights:
The large enterprises segment held the largest share of over 70.0% in 2017. The segment is expected to witness significant growth over the forecast period as these organizations require minimum hand-holding and maximum automation for data entry operations. Large enterprises have a global presence and therefore need to maintain their accounting information in various financial databases across different geographies, which requires a robust data entry service platform that can be integrated with various applications such as HR, payroll, billing & invoicing systems among others.
SMEs are projected to be one of the prominent application segments owing to easy access and affordable cost structure compared to large enterprise level services.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to factors such as increasing outsourcing activities, high internet penetration, and rising demand for online data entry services. Moreover, companies are focusing on reducing their operation costs by opting for online data entry services providers thereby driving regional growth.
Asia Pacific is expected to witness significant growth over the forecast period owing to a rise in demand from small & medium enterprises (SMEs). These SMEs deal with huge volumes of raw data generated by various departments including accounting, sales & marketing and human resource etc., which needs to be entered into their respective systems manually thus wasting valuable time and resources of organizations. This factor is anticipated to drive regional market growth over the forecast period.
Growth Factors:
- Increasing demand for data entry services from small and medium-sized businesses (SMBs) due to the increasing use of technology in these businesses.
- The increasing trend of outsourcing by large enterprises to reduce costs and improve efficiency.
- The growing demand for data entry services from the e-commerce sector due to the increase in online transactions.
- The rising number of freelance professionals who are offering data entry services through online platforms, such as Upwork and Freelancer.com, driving down the cost of these services significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Data Entry Service Market Research Report
By Type
Online Service, Offline Service
By Application
Large Enterprises, SMEs
By Companies
CloudTask, SunTec, ARDEM Incorporated, Callbox, Data Entry Adroits, Edatamine, Helpware, Invensis, Outsource2india, Proglobalbusinesssolutions, Oworkers, Perfect Data Entry, Saivion India, Vsynergize
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Data Entry Service Market Report Segments:
The global Data Entry Service market is segmented on the basis of:
Types
Online Service, Offline Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CloudTask
- SunTec
- ARDEM Incorporated
- Callbox
- Data Entry Adroits
- Edatamine
- Helpware
- Invensis
- Outsource2india
- Proglobalbusinesssolutions
- Oworkers
- Perfect Data Entry
- Saivion India
- Vsynergize
Highlights of The Data Entry Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Online Service
- Offline Service
- By Application:
- Large Enterprises
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Data Entry Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Data entry service is a type of online service that helps people to enter data into a database. This can be done manually or through an automated system.
Some of the major players in the data entry service market are CloudTask, SunTec, ARDEM Incorporated, Callbox, Data Entry Adroits, Edatamine, Helpware, Invensis, Outsource2india, Proglobalbusinesssolutions, Oworkers, Perfect Data Entry, Saivion India, Vsynergize.
The data entry service market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Data Entry Service Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Data Entry Service Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Data Entry Service Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Data Entry Service Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Data Entry Service Market Size & Forecast, 2018-2028 4.5.1 Data Entry Service Market Size and Y-o-Y Growth 4.5.2 Data Entry Service Market Absolute $ Opportunity
Chapter 5 Global Data Entry Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Data Entry Service Market Size Forecast by Type
5.2.1 Online Service
5.2.2 Offline Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Data Entry Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Data Entry Service Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Data Entry Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Data Entry Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Data Entry Service Analysis and Forecast
9.1 Introduction
9.2 North America Data Entry Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Data Entry Service Market Size Forecast by Type
9.6.1 Online Service
9.6.2 Offline Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Data Entry Service Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Data Entry Service Analysis and Forecast
10.1 Introduction
10.2 Europe Data Entry Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Data Entry Service Market Size Forecast by Type
10.6.1 Online Service
10.6.2 Offline Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Data Entry Service Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Data Entry Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Data Entry Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Data Entry Service Market Size Forecast by Type
11.6.1 Online Service
11.6.2 Offline Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Data Entry Service Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Data Entry Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Data Entry Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Data Entry Service Market Size Forecast by Type
12.6.1 Online Service
12.6.2 Offline Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Data Entry Service Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Data Entry Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Data Entry Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Data Entry Service Market Size Forecast by Type
13.6.1 Online Service
13.6.2 Offline Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Data Entry Service Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Data Entry Service Market: Competitive Dashboard
14.2 Global Data Entry Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CloudTask
14.3.2 SunTec
14.3.3 ARDEM Incorporated
14.3.4 Callbox
14.3.5 Data Entry Adroits
14.3.6 Edatamine
14.3.7 Helpware
14.3.8 Invensis
14.3.9 Outsource2india
14.3.10 Proglobalbusinesssolutions
14.3.11 Oworkers
14.3.12 Perfect Data Entry
14.3.13 Saivion India
14.3.14 Vsynergize