The Business Research Company’s latest report Business Support Services Global Market Report 2020 covers Business Support Services market drivers, Business Support Services market trends, Business Support Services market segments, Business Support Services market growth rate, Business Support Services market major players, and Business Support Services market size. The report provides in-depth analysis of the impact of COVID-19 on the Business Support Services industry, along with revised market numbers due to the effects of the coronavirus.
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Business Support Services Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global business support services market is expected to grow from $528.9 billion in 2019 to $529.1 billion in 2020 at a compound annual growth rate (CAGR) of 0.1%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $641.1 billion in 2023.
The report covers the Business Support Services market’s segments-
1) By Type: Document Preparation Services, Telephone Call Centers, Business Service Centers, Collection Agencies, Credit Bureaus, Others – Business Support Services
2) By Organization Size: Large Enterprise, Small and Medium Enterprise
3) By Mode: Online, Offline.
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