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QUARTERLY INDUSTRY REVIEW: March 2021

March 3, 2021 2880 0 IT Services

QUARTERLY INDUSTRY REVIEW: March 2021

Global growth expectations recovered the growth trajectory for 2021 as vaccine approvals strengths the hope for turnaround despite the pandemic IT-BPM Industry Performance Revenue maintained a positive growth, increasing 4.1 percent Q-o-Q, as the demand continued to recover. Y-o-Y growth also resumed this quarter Performance by Regions and Verticals All regions registered a growth in revenues sequentially as well as on Y-o-Y basis. All verticals registered sequential growth, while all verticals except Telecom growing on a Y-o-Y basis as well

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  • Global Economy

Global growth expectations recovered the growth trajectory for 2021 as vaccine approvals strengths the hope for turnaround despite the pandemic

  • IT-BPM Industry Performance
    • Revenue maintained positive growth, increasing 4.1 percent Q-o-Q, as the demand continued to recover. Y-o-Y growth also resumed this quarter
  • Performance by Regions and Verticals
    • All regions registered a growth in revenues sequentially as well as on Y-o-Y basis. All verticals registered sequential growth, while all verticals except Telecom growing on a Y-o-Y basis as well
  • Other Operational Metrics
    • Fixed price revenue share increased at 57.2 percent; Client metrics continued to improve in line with the demand recovery

Find the full report at NASSCOM Website.

 

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