
Business Process Outsourcing Market
Description
In today’s fast-paced business environment, companies are always looking for ways to improve productivity and reduce costs. One way to do this is through outsourcing business processes. Business Process Outsourcing or BPO is the delegation of business tasks to third-party service providers, either local, nearshore or offshore. This can include administrative functions such as customer services, accounting and IT infrastructure, or front-end functions like sales and marketing. The most obvious benefit of BPO is that it allows a company to focus on core business functions while also saving money. The company can then free up valuable time and resources for important activities that drive revenue, such as attracting customers or creating innovative products.
Market Dynamics
The business process outsourcing industry has grown quickly due to the many benefits it can offer to businesses. These benefits include reduced costs, specialized skills, greater agility and flexibility. These advantages are expected to accelerate growth of the global business process outsourcing market over the forecast period. The rising need for quality medical services is driving the demand for business process outsourcing services in healthcare sector. It has led to the hospitals focusing more on improving their operational efficiency by outsourcing various non-core processes such as insurance claims, patient records, and other administrative tasks
However, concerns around data security, and lack of skilled professionals are the factors expected to impede growth of the global business process outsourcing market over the forecast period.
Key features of the study
Market Dynamics
The business process outsourcing industry has grown quickly due to the many benefits it can offer to businesses. These benefits include reduced costs, specialized skills, greater agility and flexibility. These advantages are expected to accelerate growth of the global business process outsourcing market over the forecast period. The rising need for quality medical services is driving the demand for business process outsourcing services in healthcare sector. It has led to the hospitals focusing more on improving their operational efficiency by outsourcing various non-core processes such as insurance claims, patient records, and other administrative tasks
However, concerns around data security, and lack of skilled professionals are the factors expected to impede growth of the global business process outsourcing market over the forecast period.
Key features of the study
- This report provides in-depth analysis of the global business process outsourcing market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global business process outsourcing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Accenture, Teleperformance SE, Infosys Limited (Infosys BPM), WNS (Holdings) Ltd., HCL Technologies Limited, AMDOCS, CBRE Group Inc., Sodexo, NCR Corporation, TTEC Holdings, Inc., Wipro Limited, and Capgemini.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global business process outsourcing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global business process outsourcing market.
- Global Business Process Outsourcing Market, By Service Type
- Finance & Accounting
- Human Resource
- Knowledge Process Outsourcing
- Procurement & Supply Chain
- Customer Services
- Others
- Global Business Process Outsourcing Market, By End-Use
- BFSI
- Healthcare
- Manufacturing
- IT & Telecommunication
- Retail
- Others
- Global Business Process Outsourcing Market, By Region
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Company Profile
- Accenture
- Infosys Limited (Infosys BPM)
- HCL Technologies Limited
- CBRE Group Inc.
- NCR Corporation
- Wipro Limited
- Capgemini
- TTEC Holdings, Inc.
- Sodexo
- AMDOCS
- WNS (Holdings) Ltd.
- Teleperformance SE
Table of Contents
150 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Service Type
- Market Snapshot, By End-Use
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Rise in popularity of cloud computing
- Increasing shift to outsourcing services
- Restraints
- Increasing concerns around security
- Diversity of process
- Opportunities
- Growing focus on multi-workflow scheduling
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Business Process Outsourcing Market , By Service Type, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Finance & Accounting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Human Resource
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Knowledge Process Outsourcing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Procurement & Supply Chain
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Customer Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- 5. Global Business Process Outsourcing Market, By End-Use, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021– 2032
- Segment Trends
- BFSI
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- IT & Telecommunication
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- 6. Global Business Process Outsourcing Market, By Region, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, By Country, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Country 2021–2032
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020-2032,(USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use, 2020-2032,(USD Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020-2032,(USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use, 2020-2032,(USD Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020-2032,(USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use, 2020-2032,(USD Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020-2032,(USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use, 2020-2032,(USD Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020-2032,(USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use, 2020-2032,(USD Bn)
- 7. Competitive Landscape
- Accenture
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Infosys Limited (Infosys BPM)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- HCL Technologies Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- CBRE Group Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- NCR Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Wipro Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Capgemini
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- TTEC Holdings, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Sodexo
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- AMDOCS
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- WNS (Holdings) Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Teleperformance SE
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
- 8. Section
- Research Methodology
- About us
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.