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IT Business Process Outsourcing (BPO) Market 2025-2029

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    Report

  • 222 Pages
  • June 2025
  • Region: Global
  • TechNavio
  • ID: 5661076
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The it business process outsourcing (BPO) market is forecasted to grow by USD 340.5 billion during 2024-2029, accelerating at a CAGR of 9% during the forecast period. The report on the it business process outsourcing (BPO) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need to focus on core competencies and improve efficiency, growing digital transformation in organizations, and increased adoption of software-defined infrastructure.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The it business process outsourcing (BPO) market is segmented as below:

By Type

  • IT related BPO
  • Contact centers BPO
  • Others

By Deployment

  • Cloud-based
  • On-premises

By Sector

  • Large enterprises
  • Small and medium enterprises (SMEs)

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the rise of emerging countries as call center destinations as one of the prime reasons driving the it business process outsourcing (BPO) market growth during the next few years. Also, rising number of acquisitions and partnerships and increased adoption of application outsourcing will lead to sizable demand in the market.

The report on the it business process outsourcing (BPO) market covers the following areas:

  • IT Business Process Outsourcing (BPO) Market sizing
  • IT Business Process Outsourcing (BPO) Market forecast
  • IT Business Process Outsourcing (BPO) Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading it business process outsourcing (BPO) market vendors that include Accenture PLC, Acora Ltd, Atos SE, Capgemini Service SAS, CGI Inc., Cognizant Technology Solutions Corp., Concentrix Corp., Dofort Technologies Pvt. Ltd., HCL Technologies Ltd., Helpware Inc., Infosys Ltd., International Business Machines Corp., Outsource Accelerator Ventures OPC, Tag EServices Pvt. Ltd., Tata Consultancy Services Ltd., Unisys Corp., and Wipro Ltd. Also, the it business process outsourcing (BPO) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Deployment
Executive Summary - Chart on Market Segmentation by Sector
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ billion)
Data Table on Global - Market size and forecast 2024-2029 ($ billion)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global IT Business Process Outsourcing (BPO) Market 2019 - 2023
Historic Market Size - Data Table on Global IT Business Process Outsourcing (BPO) Market 2019 - 2023 ($ billion)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ billion)
5.3 Deployment segment analysis 2019 - 2023
Historic Market Size - Deployment Segment 2019 - 2023 ($ billion)
5.4 Sector segment analysis 2019 - 2023
Historic Market Size - Sector Segment 2019 - 2023 ($ billion)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 The AI impact on global IT business process outsourcing (BPO) market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 IT related BPO - Market size and forecast 2024-2029
Chart on IT related BPO - Market size and forecast 2024-2029 ($ billion)
Data Table on IT related BPO - Market size and forecast 2024-2029 ($ billion)
Chart on IT related BPO - Year-over-year growth 2024-2029 (%)
Data Table on IT related BPO - Year-over-year growth 2024-2029 (%)
8.4 Contact centers BPO - Market size and forecast 2024-2029
Chart on Contact centers BPO - Market size and forecast 2024-2029 ($ billion)
Data Table on Contact centers BPO - Market size and forecast 2024-2029 ($ billion)
Chart on Contact centers BPO - Year-over-year growth 2024-2029 (%)
Data Table on Contact centers BPO - Year-over-year growth 2024-2029 (%)
8.5 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ billion)
Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
9 Market Segmentation by Deployment
9.1 Market segments
Chart on Deployment - Market share 2024-2029 (%)
Data Table on Deployment - Market share 2024-2029 (%)
9.2 Comparison by Deployment
Chart on Comparison by Deployment
Data Table on Comparison by Deployment
9.3 Cloud-based - Market size and forecast 2024-2029
Chart on Cloud-based - Market size and forecast 2024-2029 ($ billion)
Data Table on Cloud-based - Market size and forecast 2024-2029 ($ billion)
Chart on Cloud-based - Year-over-year growth 2024-2029 (%)
Data Table on Cloud-based - Year-over-year growth 2024-2029 (%)
9.4 On-premises - Market size and forecast 2024-2029
Chart on On-premises - Market size and forecast 2024-2029 ($ billion)
Data Table on On-premises - Market size and forecast 2024-2029 ($ billion)
Chart on On-premises - Year-over-year growth 2024-2029 (%)
Data Table on On-premises - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Deployment
Market opportunity by Deployment ($ billion)
Data Table on Market opportunity by Deployment ($ billion)
10 Market Segmentation by Sector
10.1 Market segments
Chart on Sector - Market share 2024-2029 (%)
Data Table on Sector - Market share 2024-2029 (%)
10.2 Comparison by Sector
Chart on Comparison by Sector
Data Table on Comparison by Sector
10.3 Large enterprises - Market size and forecast 2024-2029
Chart on Large enterprises - Market size and forecast 2024-2029 ($ billion)
Data Table on Large enterprises - Market size and forecast 2024-2029 ($ billion)
Chart on Large enterprises - Year-over-year growth 2024-2029 (%)
Data Table on Large enterprises - Year-over-year growth 2024-2029 (%)
10.4 Small and medium enterprises (SMEs) - Market size and forecast 2024-2029
Chart on Small and medium enterprises (SMEs) - Market size and forecast 2024-2029 ($ billion)
Data Table on Small and medium enterprises (SMEs) - Market size and forecast 2024-2029 ($ billion)
Chart on Small and medium enterprises (SMEs) - Year-over-year growth 2024-2029 (%)
Data Table on Small and medium enterprises (SMEs) - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Sector
Market opportunity by Sector ($ billion)
Data Table on Market opportunity by Sector ($ billion)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ billion)
Data Table on North America - Market size and forecast 2024-2029 ($ billion)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.5 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ billion)
Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ billion)
Data Table on South America - Market size and forecast 2024-2029 ($ billion)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ billion)
Data Table on US - Market size and forecast 2024-2029 ($ billion)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ billion)
Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.10 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ billion)
Data Table on India - Market size and forecast 2024-2029 ($ billion)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
12.11 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ billion)
Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
12.12 The Philippines - Market size and forecast 2024-2029
Chart on The Philippines - Market size and forecast 2024-2029 ($ billion)
Data Table on The Philippines - Market size and forecast 2024-2029 ($ billion)
Chart on The Philippines - Year-over-year growth 2024-2029 (%)
Data Table on The Philippines - Year-over-year growth 2024-2029 (%)
12.13 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ billion)
Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.14 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ billion)
Data Table on France - Market size and forecast 2024-2029 ($ billion)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.15 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ billion)
Data Table on China - Market size and forecast 2024-2029 ($ billion)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.16 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ billion)
Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
12.17 Spain - Market size and forecast 2024-2029
Chart on Spain - Market size and forecast 2024-2029 ($ billion)
Data Table on Spain - Market size and forecast 2024-2029 ($ billion)
Chart on Spain - Year-over-year growth 2024-2029 (%)
Data Table on Spain - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
Companies covered
15.2 Company ranking index
Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 Accenture PLC
Accenture PLC - Overview
Accenture PLC - Business segments
Accenture PLC - Key news
Accenture PLC - Key offerings
Accenture PLC - Segment focus
SWOT
15.5 Atos SE
Atos SE - Overview
Atos SE - Business segments
Atos SE - Key news
Atos SE - Key offerings
Atos SE - Segment focus
SWOT
15.6 Capgemini Service SAS
Capgemini Service SAS - Overview
Capgemini Service SAS - Business segments
Capgemini Service SAS - Key news
Capgemini Service SAS - Key offerings
Capgemini Service SAS - Segment focus
SWOT
15.7 CGI Inc.
CGI Inc. - Overview
CGI Inc. - Business segments
CGI Inc. - Key news
CGI Inc. - Key offerings
CGI Inc. - Segment focus
SWOT
15.8 Cognizant Technology Solutions Corp.
Cognizant Technology Solutions Corp. - Overview
Cognizant Technology Solutions Corp. - Business segments
Cognizant Technology Solutions Corp. - Key news
Cognizant Technology Solutions Corp. - Key offerings
Cognizant Technology Solutions Corp. - Segment focus
SWOT
15.9 Concentrix Corp.
Concentrix Corp. - Overview
Concentrix Corp. - Product / Service
Concentrix Corp. - Key news
Concentrix Corp. - Key offerings
SWOT
15.10 HCL Technologies Ltd.
HCL Technologies Ltd. - Overview
HCL Technologies Ltd. - Business segments
HCL Technologies Ltd. - Key news
HCL Technologies Ltd. - Key offerings
HCL Technologies Ltd. - Segment focus
SWOT
15.11 Helpware Inc.
Helpware Inc. - Overview
Helpware Inc. - Product / Service
Helpware Inc. - Key news
Helpware Inc. - Key offerings
SWOT
15.12 Infosys Ltd.
Infosys Ltd. - Overview
Infosys Ltd. - Business segments
Infosys Ltd. - Key news
Infosys Ltd. - Key offerings
Infosys Ltd. - Segment focus
SWOT
15.13 International Business Machines Corp.
International Business Machines Corp. - Overview
International Business Machines Corp. - Business segments
International Business Machines Corp. - Key news
International Business Machines Corp. - Key offerings
International Business Machines Corp. - Segment focus
SWOT
15.14 Outsource Accelerator Ventures OPC
Outsource Accelerator Ventures OPC - Overview
Outsource Accelerator Ventures OPC - Product / Service
Outsource Accelerator Ventures OPC - Key offerings
SWOT
15.15 Tag EServices Pvt. Ltd.
Tag EServices Pvt. Ltd. - Overview
Tag EServices Pvt. Ltd. - Product / Service
Tag EServices Pvt. Ltd. - Key offerings
SWOT
15.16 Tata Consultancy Services Ltd.
Tata Consultancy Services Ltd. - Overview
Tata Consultancy Services Ltd. - Business segments
Tata Consultancy Services Ltd. - Key news
Tata Consultancy Services Ltd. - Key offerings
Tata Consultancy Services Ltd. - Segment focus
SWOT
15.17 Unisys Corp.
Unisys Corp. - Overview
Unisys Corp. - Business segments
Unisys Corp. - Key news
Unisys Corp. - Key offerings
Unisys Corp. - Segment focus
SWOT
15.18 Wipro Ltd.
Wipro Ltd. - Overview
Wipro Ltd. - Business segments
Wipro Ltd. - Key news
Wipro Ltd. - Key offerings
Wipro Ltd. - Segment focus
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
Research methodology
16.5 Data procurement
Information sources
16.6 Data validation
Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Deployment
Exhibits 7: Executive Summary - Chart on Market Segmentation by Sector
Exhibits 8: Executive Summary - Chart on Incremental Growth
Exhibits 9: Executive Summary - Data Table on Incremental Growth
Exhibits 10: Executive Summary - Chart on Company Market Positioning
Exhibits 11: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 12: Overview on criticality of inputs and factors of differentiation
Exhibits 13: Overview on factors of disruption
Exhibits 14: Impact of drivers and challenges in 2024 and 2029
Exhibits 15: Parent Market
Exhibits 16: Data Table on - Parent Market
Exhibits 17: Market characteristics analysis
Exhibits 18: Value chain analysis
Exhibits 19: Offerings of companies included in the market definition
Exhibits 20: Market segments
Exhibits 21: Chart on Global - Market size and forecast 2024-2029 ($ billion)
Exhibits 22: Data Table on Global - Market size and forecast 2024-2029 ($ billion)
Exhibits 23: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Historic Market Size - Data Table on Global IT Business Process Outsourcing (BPO) Market 2019 - 2023 ($ billion)
Exhibits 26: Historic Market Size - Type Segment 2019 - 2023 ($ billion)
Exhibits 27: Historic Market Size - Deployment Segment 2019 - 2023 ($ billion)
Exhibits 28: Historic Market Size - Sector Segment 2019 - 2023 ($ billion)
Exhibits 29: Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
Exhibits 30: Historic Market Size - Country Segment 2019 - 2023 ($ billion)
Exhibits 31: Five forces analysis - Comparison between 2024 and 2029
Exhibits 32: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 33: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 35: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 37: Chart on Market condition - Five forces 2024 and 2029
Exhibits 38: Chart on Type - Market share 2024-2029 (%)
Exhibits 39: Data Table on Type - Market share 2024-2029 (%)
Exhibits 40: Chart on Comparison by Type
Exhibits 41: Data Table on Comparison by Type
Exhibits 42: Chart on IT related BPO - Market size and forecast 2024-2029 ($ billion)
Exhibits 43: Data Table on IT related BPO - Market size and forecast 2024-2029 ($ billion)
Exhibits 44: Chart on IT related BPO - Year-over-year growth 2024-2029 (%)
Exhibits 45: Data Table on IT related BPO - Year-over-year growth 2024-2029 (%)
Exhibits 46: Chart on Contact centers BPO - Market size and forecast 2024-2029 ($ billion)
Exhibits 47: Data Table on Contact centers BPO - Market size and forecast 2024-2029 ($ billion)
Exhibits 48: Chart on Contact centers BPO - Year-over-year growth 2024-2029 (%)
Exhibits 49: Data Table on Contact centers BPO - Year-over-year growth 2024-2029 (%)
Exhibits 50: Chart on Others - Market size and forecast 2024-2029 ($ billion)
Exhibits 51: Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Exhibits 52: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 53: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 54: Market opportunity by Type ($ billion)
Exhibits 55: Data Table on Market opportunity by Type ($ billion)
Exhibits 56: Chart on Deployment - Market share 2024-2029 (%)
Exhibits 57: Data Table on Deployment - Market share 2024-2029 (%)
Exhibits 58: Chart on Comparison by Deployment
Exhibits 59: Data Table on Comparison by Deployment
Exhibits 60: Chart on Cloud-based - Market size and forecast 2024-2029 ($ billion)
Exhibits 61: Data Table on Cloud-based - Market size and forecast 2024-2029 ($ billion)
Exhibits 62: Chart on Cloud-based - Year-over-year growth 2024-2029 (%)
Exhibits 63: Data Table on Cloud-based - Year-over-year growth 2024-2029 (%)
Exhibits 64: Chart on On-premises - Market size and forecast 2024-2029 ($ billion)
Exhibits 65: Data Table on On-premises - Market size and forecast 2024-2029 ($ billion)
Exhibits 66: Chart on On-premises - Year-over-year growth 2024-2029 (%)
Exhibits 67: Data Table on On-premises - Year-over-year growth 2024-2029 (%)
Exhibits 68: Market opportunity by Deployment ($ billion)
Exhibits 69: Data Table on Market opportunity by Deployment ($ billion)
Exhibits 70: Chart on Sector - Market share 2024-2029 (%)
Exhibits 71: Data Table on Sector - Market share 2024-2029 (%)
Exhibits 72: Chart on Comparison by Sector
Exhibits 73: Data Table on Comparison by Sector
Exhibits 74: Chart on Large enterprises - Market size and forecast 2024-2029 ($ billion)
Exhibits 75: Data Table on Large enterprises - Market size and forecast 2024-2029 ($ billion)
Exhibits 76: Chart on Large enterprises - Year-over-year growth 2024-2029 (%)
Exhibits 77: Data Table on Large enterprises - Year-over-year growth 2024-2029 (%)
Exhibits 78: Chart on Small and medium enterprises (SMEs) - Market size and forecast 2024-2029 ($ billion)
Exhibits 79: Data Table on Small and medium enterprises (SMEs) - Market size and forecast 2024-2029 ($ billion)
Exhibits 80: Chart on Small and medium enterprises (SMEs) - Year-over-year growth 2024-2029 (%)
Exhibits 81: Data Table on Small and medium enterprises (SMEs) - Year-over-year growth 2024-2029 (%)
Exhibits 82: Market opportunity by Sector ($ billion)
Exhibits 83: Data Table on Market opportunity by Sector ($ billion)
Exhibits 84: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 85: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 86: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 87: Chart on Geographic comparison
Exhibits 88: Data Table on Geographic comparison
Exhibits 89: Chart on North America - Market size and forecast 2024-2029 ($ billion)
Exhibits 90: Data Table on North America - Market size and forecast 2024-2029 ($ billion)
Exhibits 91: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 92: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 93: Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Exhibits 94: Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
Exhibits 95: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 96: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 97: Chart on APAC - Market size and forecast 2024-2029 ($ billion)
Exhibits 98: Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
Exhibits 99: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 100: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 101: Chart on South America - Market size and forecast 2024-2029 ($ billion)
Exhibits 102: Data Table on South America - Market size and forecast 2024-2029 ($ billion)
Exhibits 103: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 104: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 105: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Exhibits 106: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Exhibits 107: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on US - Market size and forecast 2024-2029 ($ billion)
Exhibits 110: Data Table on US - Market size and forecast 2024-2029 ($ billion)
Exhibits 111: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on Canada - Market size and forecast 2024-2029 ($ billion)
Exhibits 114: Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
Exhibits 115: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on India - Market size and forecast 2024-2029 ($ billion)
Exhibits 118: Data Table on India - Market size and forecast 2024-2029 ($ billion)
Exhibits 119: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on UK - Market size and forecast 2024-2029 ($ billion)
Exhibits 122: Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Exhibits 123: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on The Philippines - Market size and forecast 2024-2029 ($ billion)
Exhibits 126: Data Table on The Philippines - Market size and forecast 2024-2029 ($ billion)
Exhibits 127: Chart on The Philippines - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on The Philippines - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on Germany - Market size and forecast 2024-2029 ($ billion)
Exhibits 130: Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
Exhibits 131: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on France - Market size and forecast 2024-2029 ($ billion)
Exhibits 134: Data Table on France - Market size and forecast 2024-2029 ($ billion)
Exhibits 135: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on China - Market size and forecast 2024-2029 ($ billion)
Exhibits 138: Data Table on China - Market size and forecast 2024-2029 ($ billion)
Exhibits 139: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on Italy - Market size and forecast 2024-2029 ($ billion)
Exhibits 142: Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
Exhibits 143: Chart on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on Spain - Market size and forecast 2024-2029 ($ billion)
Exhibits 146: Data Table on Spain - Market size and forecast 2024-2029 ($ billion)
Exhibits 147: Chart on Spain - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on Spain - Year-over-year growth 2024-2029 (%)
Exhibits 149: Market opportunity By Geographical Landscape ($ billion)
Exhibits 150: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 151: Impact of drivers and challenges in 2024 and 2029
Exhibits 152: Overview on criticality of inputs and factors of differentiation
Exhibits 153: Overview on factors of disruption
Exhibits 154: Impact of key risks on business
Exhibits 155: Companies covered
Exhibits 156: Company ranking index
Exhibits 157: Matrix on companies position and classification
Exhibits 158: Accenture PLC - Overview
Exhibits 159: Accenture PLC - Business segments
Exhibits 160: Accenture PLC - Key news
Exhibits 161: Accenture PLC - Key offerings
Exhibits 162: Accenture PLC - Segment focus
Exhibits 163: SWOT
Exhibits 164: Atos SE - Overview
Exhibits 165: Atos SE - Business segments
Exhibits 166: Atos SE - Key news
Exhibits 167: Atos SE - Key offerings
Exhibits 168: Atos SE - Segment focus
Exhibits 169: SWOT
Exhibits 170: Capgemini Service SAS - Overview
Exhibits 171: Capgemini Service SAS - Business segments
Exhibits 172: Capgemini Service SAS - Key news
Exhibits 173: Capgemini Service SAS - Key offerings
Exhibits 174: Capgemini Service SAS - Segment focus
Exhibits 175: SWOT
Exhibits 176: CGI Inc. - Overview
Exhibits 177: CGI Inc. - Business segments
Exhibits 178: CGI Inc. - Key news
Exhibits 179: CGI Inc. - Key offerings
Exhibits 180: CGI Inc. - Segment focus
Exhibits 181: SWOT
Exhibits 182: Cognizant Technology Solutions Corp. - Overview
Exhibits 183: Cognizant Technology Solutions Corp. - Business segments
Exhibits 184: Cognizant Technology Solutions Corp. - Key news
Exhibits 185: Cognizant Technology Solutions Corp. - Key offerings
Exhibits 186: Cognizant Technology Solutions Corp. - Segment focus
Exhibits 187: SWOT
Exhibits 188: Concentrix Corp. - Overview
Exhibits 189: Concentrix Corp. - Product / Service
Exhibits 190: Concentrix Corp. - Key news
Exhibits 191: Concentrix Corp. - Key offerings
Exhibits 192: SWOT
Exhibits 193: HCL Technologies Ltd. - Overview
Exhibits 194: HCL Technologies Ltd. - Business segments
Exhibits 195: HCL Technologies Ltd. - Key news
Exhibits 196: HCL Technologies Ltd. - Key offerings
Exhibits 197: HCL Technologies Ltd. - Segment focus
Exhibits 198: SWOT
Exhibits 199: Helpware Inc. - Overview
Exhibits 200: Helpware Inc. - Product / Service
Exhibits 201: Helpware Inc. - Key news
Exhibits 202: Helpware Inc. - Key offerings
Exhibits 203: SWOT
Exhibits 204: Infosys Ltd. - Overview
Exhibits 205: Infosys Ltd. - Business segments
Exhibits 206: Infosys Ltd. - Key news
Exhibits 207: Infosys Ltd. - Key offerings
Exhibits 208: Infosys Ltd. - Segment focus
Exhibits 209: SWOT
Exhibits 210: International Business Machines Corp. - Overview
Exhibits 211: International Business Machines Corp. - Business segments
Exhibits 212: International Business Machines Corp. - Key news
Exhibits 213: International Business Machines Corp. - Key offerings
Exhibits 214: International Business Machines Corp. - Segment focus
Exhibits 215: SWOT
Exhibits 216: Outsource Accelerator Ventures OPC - Overview
Exhibits 217: Outsource Accelerator Ventures OPC - Product / Service
Exhibits 218: Outsource Accelerator Ventures OPC - Key offerings
Exhibits 219: SWOT
Exhibits 220: Tag EServices Pvt. Ltd. - Overview
Exhibits 221: Tag EServices Pvt. Ltd. - Product / Service
Exhibits 222: Tag EServices Pvt. Ltd. - Key offerings
Exhibits 223: SWOT
Exhibits 224: Tata Consultancy Services Ltd. - Overview
Exhibits 225: Tata Consultancy Services Ltd. - Business segments
Exhibits 226: Tata Consultancy Services Ltd. - Key news
Exhibits 227: Tata Consultancy Services Ltd. - Key offerings
Exhibits 228: Tata Consultancy Services Ltd. - Segment focus
Exhibits 229: SWOT
Exhibits 230: Unisys Corp. - Overview
Exhibits 231: Unisys Corp. - Business segments
Exhibits 232: Unisys Corp. - Key news
Exhibits 233: Unisys Corp. - Key offerings
Exhibits 234: Unisys Corp. - Segment focus
Exhibits 235: SWOT
Exhibits 236: Wipro Ltd. - Overview
Exhibits 237: Wipro Ltd. - Business segments
Exhibits 238: Wipro Ltd. - Key news
Exhibits 239: Wipro Ltd. - Key offerings
Exhibits 240: Wipro Ltd. - Segment focus
Exhibits 241: SWOT
Exhibits 242: Inclusions checklist
Exhibits 243: Exclusions checklist
Exhibits 244: Currency conversion rates for US$
Exhibits 245: Research methodology
Exhibits 246: Information sources
Exhibits 247: Data validation
Exhibits 248: Validation techniques employed for market sizing
Exhibits 249: Data synthesis
Exhibits 250: 360 degree market analysis
Exhibits 251: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global it business process outsourcing (BPO) market: Accenture PLC, Acora Ltd, Atos SE, Capgemini Service SAS, CGI Inc., Cognizant Technology Solutions Corp., Concentrix Corp., Dofort Technologies Pvt. Ltd., HCL Technologies Ltd., Helpware Inc., Infosys Ltd., International Business Machines Corp., Outsource Accelerator Ventures OPC, Tag EServices Pvt. Ltd., Tata Consultancy Services Ltd., Unisys Corp., and Wipro Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise of emerging countries as call center destinations."

According to the report, one of the major drivers for this market is the need to focus on core competencies and improve efficiency.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Accenture PLC
  • Acora Ltd
  • Atos SE
  • Capgemini Service SAS
  • CGI Inc.
  • Cognizant Technology Solutions Corp.
  • Concentrix Corp.
  • Dofort Technologies Pvt. Ltd.
  • HCL Technologies Ltd.
  • Helpware Inc.
  • Infosys Ltd.
  • International Business Machines Corp.
  • Outsource Accelerator Ventures OPC
  • Tag EServices Pvt. Ltd.
  • Tata Consultancy Services Ltd.
  • Unisys Corp.
  • Wipro Ltd.