Global Business Process Outsourcing Market Overview:
In 2023, the global Business Process Outsourcing market size was valued at US$ 184.93 Bn. and is projected to reach US$ 310.56 Bn. by 2030, growing at a compound annual growth rate (CAGR) of 7.69% during the forecast period.
Market Overview:
The research "Business Process Outsourcing Market" seeks to provide up-to-date market intelligence and aid decision-makers in making sound investment decisions. It also offers a comprehensive analysis of the global Business Process Outsourcing Market by Product Type, Application, Key Manufacturers, and Several Key Regions.
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Market Scope:
The Global Business Process Outsourcing Report offers an in-depth analysis of the market, considering various factors such as constraints, opportunities, drivers, and threats. This report presents the latest research on the global market's current development plans, including both pre- and post-Covid-19 scenarios. It also provides a comprehensive analysis of the market size, segmented by end-user applications, products, types, trends, and major geographic regions.
Drivers:
The report discusses the major restraints and drivers influencing the Business Process Outsourcing market.
Segmentation:
For detailed segmentation
by Service
Voice Processing
Telemarketing Services
Customer Care Services
by Outsourcing Type
Offsource
Nearshore
Onshore
by Application
Sales & Marketing
Procurement & Supply Chain
Facilities & Administrations
Customer Care
Training
by Organization Size
Large Enterprises
SMEs
by Ownership
Captive
Third-Party
by End User
BFSI
IT & Telecom
Healthcare
Manufacturing
Retail & E-Commerce
Government & Defense
Transportation & Logistics
Travel & Hospitality
Education
Energy & Utilities
Others
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Key Players:
North America Business Process Outsourcing Market, Key players:
1. ADP, LLC (United States)
2. Amdocs (United States)
3. Concentrix (United States)
4. Conduent Inc (United States)
5. EXL Service (United States)
6. Genpact (United States)
7. IBM Corporation(United States)
8. Sykes (United States)
Europe Business Process Outsourcing Market, Key players:
1. Accenture PLC (Ireland)
2. Anderson Group BPO Inc. (Philippines)
3. Avaloq (Switzerland)
4. Capgemini (France)
5. Teleperformance (France)
APAC Business Process Outsourcing Market, Key players:
1. Aegis Limited (India)
2. Automatic Infotech (India)
3. Conneqt Business Solution Limited (India)
4. HCL Technologies (India)
5. Infosys (India)
6. NTT DATA (Japan)
7. OctopusTech Solutions (India)
8. Plaxonic Technologies (India)
9. Wipro Ltd (India)
10. Tata Consultancy Services Limited (India)
Regional Analysis:
The report evaluates the global Business Process Outsourcing market across the following regions:
- North America (United States, Canada)
- European Union (Germany, France, United Kingdom, Russia)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia)
- Latin America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa)
Additional Insights:
- The report forecasts the future growth of the Business Process Outsourcing market.
- It utilizes Porter's five forces analysis to provide various perspectives on the Business Process Outsourcing market.
- It identifies the product type likely to dominate the market and regions expected to see rapid growth during the forecast period.
- It highlights new developments, market shares, and strategies of leading market players.
Key Questions Answered in the Business Process Outsourcing Market Report:
- What key trends are expected to emerge in the Business Process Outsourcing market during the forecast period?
- What will be the size of the Business Process Outsourcing market by 2027?
- Which company held the largest market share in the Business Process Outsourcing market in 2020?
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