+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Global Business Process Outsourcing Market by Service Type (Customer Services, Finance & Accounting, Human Resource), End use (BFSI, Healthcare, IT & Telecommunications) - Forecast 2024-2030

  • PDF Icon

    Report

  • 189 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5613074
UP TO OFF until Dec 31st 2024
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The Business Process Outsourcing Market size was estimated at USD 157.65 billion in 2023, USD 173.83 billion in 2024, and is expected to grow at a CAGR of 10.74% to reach USD 322.06 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Business Process Outsourcing Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Business Process Outsourcing Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Business Process Outsourcing Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, ADP, Inc., Amdocs Group, Capgemini SE, CBRE Group, Inc., Cognizant Technology Solutions, Concentrix Corporation, ExlService Holdings, Inc., Genpact LLC, HCL Technologies Limited, Helpware, Helpware Inc., Humania BPO by Telus International Company, Infosys Ltd., International Business Machines Corporation, INTERSA, NCR Corporation, Octopus Tech Solutions Pvt. Ltd., Plaxonic Technologies, Sodexo, TD Synnex, Triniter, TTEC Holdings, Inc., Unity Communications, and Wipro Limited.

Market Segmentation & Coverage

This research report categorizes the Business Process Outsourcing Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Service Type
    • Customer Services
    • Finance & Accounting
    • Human Resource
    • KPO
    • Procurement
  • End use
    • BFSI
    • Healthcare
    • IT & Telecommunications
    • Manufacturing
    • Retail
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Business Process Outsourcing Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Business Process Outsourcing Market?
  3. What are the technology trends and regulatory frameworks in the Business Process Outsourcing Market?
  4. What is the market share of the leading vendors in the Business Process Outsourcing Market?
  5. Which modes and strategic moves are suitable for entering the Business Process Outsourcing Market?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Business Process Outsourcing Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing adoption of BPO services in the telecommunications sector and growth of data centers
5.1.1.2. Growing support from government and non-government organizations for BPO deployment
5.1.1.3. Rise in the number of IT companies coupled with rapid industrialization
5.1.2. Restraints
5.1.2.1. High initial investments
5.1.3. Opportunities
5.1.3.1. Advanced technologies such as analytics, big data, cloud computing, and artificial intelligence (AI) to provide comprehensive BPO services
5.1.3.2. Rising number of small- and medium-sized enterprises changing towards adopting outsourcing services
5.1.4. Challenges
5.1.4.1. Issues related to confidentiality and intellectual property rights
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Business Process Outsourcing Market, by Service Type
6.1. Introduction
6.2. Customer Services
6.3. Finance & Accounting
6.4. Human Resource
6.5. KPO
6.6. Procurement
7. Business Process Outsourcing Market, by End use
7.1. Introduction
7.2. BFSI
7.3. Healthcare
7.4. IT & Telecommunications
7.5. Manufacturing
7.6. Retail
8. Americas Business Process Outsourcing Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Business Process Outsourcing Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Business Process Outsourcing Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Accenture PLC
12.1.2. ADP, Inc.
12.1.3. Amdocs Group
12.1.4. Capgemini SE
12.1.5. CBRE Group, Inc.
12.1.6. Cognizant Technology Solutions
12.1.7. Concentrix Corporation
12.1.8. ExlService Holdings, Inc.
12.1.9. Genpact LLC
12.1.10. HCL Technologies Limited
12.1.11. Helpware
12.1.12. Helpware Inc.
12.1.13. Humania BPO by Telus International Company
12.1.14. Infosys Ltd.
12.1.15. International Business Machines Corporation
12.1.16. INTERSA
12.1.17. NCR Corporation
12.1.18. Octopus Tech Solutions Pvt. Ltd.
12.1.19. Plaxonic Technologies
12.1.20. Sodexo
12.1.21. TD Synnex
12.1.22. Triniter
12.1.23. TTEC Holdings, Inc.
12.1.24. Unity Communications
12.1.25. Wipro Limited
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
List of Figures
FIGURE 1. BUSINESS PROCESS OUTSOURCING MARKET RESEARCH PROCESS
FIGURE 2. BUSINESS PROCESS OUTSOURCING MARKET SIZE, 2023 VS 2030
FIGURE 3. BUSINESS PROCESS OUTSOURCING MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. BUSINESS PROCESS OUTSOURCING MARKET DYNAMICS
FIGURE 7. BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY SERVICE TYPE, 2023 VS 2030 (%)
FIGURE 8. BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY SERVICE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY END USE, 2023 VS 2030 (%)
FIGURE 10. BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY END USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA BUSINESS PROCESS OUTSOURCING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. BUSINESS PROCESS OUTSOURCING MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. BUSINESS PROCESS OUTSOURCING MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • Accenture PLC
  • ADP, Inc.
  • Amdocs Group
  • Capgemini SE
  • CBRE Group, Inc.
  • Cognizant Technology Solutions
  • Concentrix Corporation
  • ExlService Holdings, Inc.
  • Genpact LLC
  • HCL Technologies Limited
  • Helpware
  • Helpware Inc.
  • Humania BPO by Telus International Company
  • Infosys Ltd.
  • International Business Machines Corporation
  • INTERSA
  • NCR Corporation
  • Octopus Tech Solutions Pvt. Ltd.
  • Plaxonic Technologies
  • Sodexo
  • TD Synnex
  • Triniter
  • TTEC Holdings, Inc.
  • Unity Communications
  • Wipro Limited

Methodology

Loading
LOADING...

Table Information