Business Process Outsourcing Market Global Industry Analysis and Forecast (2023-2029) by Service, Outsourcing Type, Application, Organization Size, Ownership, End-User, and Region.
Business Process Outsourcing Market Overview:
The primary goal of this research is to assist the user in understanding the Business Process Outsourcing market in terms of definition, segmentation, market potential, significant trends, and the problems that the Business Process Outsourcing industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Segmentation:
According to End-User, the IT and Telecom category held the largest market share of 22% in the worldwide business process outsourcing market in 2022. By 2029, the market is anticipated to expand at a CAGR of 7.80% while retaining its leadership. Rapid technical advancements over the past 20 years have caused a complete overhaul of the IT and telecommunications industries worldwide.
Global Business Process Outsourcing Market Market, by Service (2022-2029)
• Voice Processing
• Telemarketing Services
• Customer Care Services
Global Business Process Outsourcing Market Market, by Outsourcing Type (2022-2029)
• Offsource
• Nearshore
• Onshore
Global Business Process Outsourcing Market Market, by Application (2022-2029)
• Sales & Marketing
• Procurement & Supply Chain
• Facilities & Administrations
• Customer Care
• Training
Global Business Process Outsourcing Market Market, by Organization Size (2022-2029)
• Large Enterprises
• SMEs
Global Business Process Outsourcing Market Market, by Ownership (2022-2029)
• Captive
• Third-Party
Global Business Process Outsourcing Market Market, by End-User (2022-2029)
• BFSI
• IT & Telecom
• Healthcare
• Manufacturing
• Retail & E-Commerce
• Government & Defense
• Transportation & Logistics
• Travel & Hospitality
• Education
• Energy & Utilities
• Others
Global Business Process Outsourcing Market Market, by Region (2022-2029)
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
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Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Business Process Outsourcing market are
• ADP, LLC. (New Jersey)
• Conduent Inc., (New Jersey)
• Accenture PLC. (Ireland)
• WNS Global Services Ltd. (India)
• Capgemini (France)
• Infosys BPM Limited (India)
• IBM Corporation (New York)
• Tata Consultancy Services Limited (TCS) (India)
• TTEC Holdings, Inc., (Colorado)
• Conneqt Business Solution Limited (India)
• HCL Technologies (India)
• Wipro Ltd. (India)
• Amdocs (Missouri)
• NCR Corporation (Georgia)
• Sodexo (France)
• Genpact (India)
• Concentrix (California)
• Teleperformance (France)
• Plaxonic Technologies (India)
• EXL Service (New York)
• Skyes (Florida)
• OctopusTech Solutions (India)
• Aegis Limited (India)
• CBRE Group, Inc. (Texas)
• Anderson Group BPO Inc. (Philippines)
• Automatic Infotech (India)
• Avaloq (Switzerland)
• Nihon (Japan)
• Nomura Research Institute, Ltd. (Japan)
• NTT Data (India)
• ValueNotes Strategic Intelligence Pvt. Ltd. (India)
• Oracle (Texas)
• TriNet Group, Inc. (California)
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Regional Analysis:
The report focuses on Global Regions and Market Size of Business Process Outsourcing , and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Business Process Outsourcing Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Business Process Outsourcing industry in 2021.
See also Immunocytokines Market: Revolutionizing Industries with Disruptive Growth Strategies
Key Questions answered in the Business Process Outsourcing Market Report are:
- What is the function of Business Process Outsourcing ?
- What is the predicted revenue generation of the Business Process Outsourcing market?
- At what growth rate is the Business Process Outsourcing market evolving?
- Who are the major market giants operating in the Business Process Outsourcing market?
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