The Office Administrative Services Global Market Report 2023 by The Business Research Company, provides office administrative services market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Office Administrative Services Global Market Report 2023, the market size is expected to grow from the global office administrative services market size will grow from $216.78 billion in 2022 to $238.45 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The market size of office administrative services is expected to grow from $340.56 billion in 2027 at a CAGR of 9.3%.
The growth in the office administrative services market is due to the rapid globalization and adoption of advanced technologies. Globalization refers to the increasing interconnection of economies, cultures, and communities around the world as a result of technology, cross-border trade in goods and services, and flows of capital, people, and information. Companies must deal with a growing range of cultural backgrounds as globalisation spreads. and thereby increases the office administration activities as well.
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The office administrative services market is segmented:
By Type: Administrative Management Services, Business Management Services, Hospitality Management Services, Health Management Services, and Other Types – Office Administrative Services
Emerging technologies such as robotic process automation (RPA), cloud computing, and software as a service are offering office administrative applications. These applications offer solutions for billing, sales, and other functions in an organization. For instance, in September 2020, Alfresco, a US-based provider of content management solutions, launched Alfresco Process Automation, a new generation platform as a Service (PaaS) offering for developing content-centric process applications. By distributing information to a range of business processes in an intelligent manner, this platform may automate business operations and help organisations get more value from their content. It incorporates artificial intelligence (AI) into fundamental business operations, such as document classification, entity extraction, or assisted decision-making, and offers insights and analytics via cloud-native services.
The office administrative services market report table of contents includes:
1. Executive Summary
2. Report Structure
3. Office Administrative Services Market Characteristics
4. Office Administrative Services Market Product Analysis
5. Office Administrative Services Market Supply Chain
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26. Key Mergers And Acquisitions In The Office Administrative Services Market
27. Market Background: Commercial Services Market
28. Recommendations
29. Appendix
30. Copyright And Disclaimer
Top Major Players:
- RK Advisors LLC
- Epiq
- e-Celtic Ltd
- ISP Group
- and Profitmaster BPO
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