The Europe Sales And Marketing Business Process Outsourcing Market should witness market growth of 9.2% CAGR during the forecast period (2022-2028).
Sinceswitching to an outsourced provider typically affects staff, established procedures, and current workflows, this calls for a large level of change management. This is true not only in terms of the costs that are transferred from internal to external suppliers but also has frequently in terms of corporate taxed as well as reporting requirements. To facilitate a seamless transfer of operations to the outsourced provider, the business might also need to invest in new technology.
The extent of the activity being outsourced, along withthe maturity of the technological network in place at both businesses, determine the extent and expense of that technology. Enterprise executives often begin this process by deciding which individual tasks or business procedures to outsource to save costs, increase flexibility, boost performance, and reallocate resources to their core business competencies.
To improve BFSI client services, many BFSI businesses are choosing to outsource processes for various BFSI industries, like investment management as well as asset management.Prior to the onset of the financial crisis, the biggest banks had already attained outsourcing scale and maturity. The banking industry has been a pioneer in the use of outsourcing and offshoring.
Companies in Western Europe frequently outsource work to Central &Eastern European (CEE) nations. This is because these nations provide the typical nearshoring advantages andhave the same European Union (EU) legal framework as the buying countries regarding contract and payment protection. BPO services have a sizable and varied demand in Europe. The European Union, European Free Trade Association (EFTA) members, and the United Kingdom collectively comprise 32 nations with 28 official languages. Even though Europe is frequently viewed as a single market, each nation has a unique profile based on demographics, historical relationships, corporate culture, and manners. As a result, the opportunities in BPO are diverse owing to this diversity.
The Germany market dominated the Europe Sales And Marketing Business Process Outsourcing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,383.5 Million by 2028. The UK market is anticipated to grow at a CAGR of 8.3% during (2022-2028). Additionally, The France market would exhibit a CAGR of 10% during (2022-2028).
Based on End-use, the market is segmented into IT & Telecommunication, BFSI, Healthcare, Manufacturing, Retail, and Others. Based on Service Type, the market is segmented into Sales and Marketing. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, Capgemini SE, Genpact Limited, Infosys Limited, NCR Corporation, Teleperformance SE, Wipro Limited, Amdocs Limited, Automatic Data Processing, Inc., and Tata Consultancy Services Ltd.
Sinceswitching to an outsourced provider typically affects staff, established procedures, and current workflows, this calls for a large level of change management. This is true not only in terms of the costs that are transferred from internal to external suppliers but also has frequently in terms of corporate taxed as well as reporting requirements. To facilitate a seamless transfer of operations to the outsourced provider, the business might also need to invest in new technology.
The extent of the activity being outsourced, along withthe maturity of the technological network in place at both businesses, determine the extent and expense of that technology. Enterprise executives often begin this process by deciding which individual tasks or business procedures to outsource to save costs, increase flexibility, boost performance, and reallocate resources to their core business competencies.
To improve BFSI client services, many BFSI businesses are choosing to outsource processes for various BFSI industries, like investment management as well as asset management.Prior to the onset of the financial crisis, the biggest banks had already attained outsourcing scale and maturity. The banking industry has been a pioneer in the use of outsourcing and offshoring.
Companies in Western Europe frequently outsource work to Central &Eastern European (CEE) nations. This is because these nations provide the typical nearshoring advantages andhave the same European Union (EU) legal framework as the buying countries regarding contract and payment protection. BPO services have a sizable and varied demand in Europe. The European Union, European Free Trade Association (EFTA) members, and the United Kingdom collectively comprise 32 nations with 28 official languages. Even though Europe is frequently viewed as a single market, each nation has a unique profile based on demographics, historical relationships, corporate culture, and manners. As a result, the opportunities in BPO are diverse owing to this diversity.
The Germany market dominated the Europe Sales And Marketing Business Process Outsourcing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,383.5 Million by 2028. The UK market is anticipated to grow at a CAGR of 8.3% during (2022-2028). Additionally, The France market would exhibit a CAGR of 10% during (2022-2028).
Based on End-use, the market is segmented into IT & Telecommunication, BFSI, Healthcare, Manufacturing, Retail, and Others. Based on Service Type, the market is segmented into Sales and Marketing. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, Capgemini SE, Genpact Limited, Infosys Limited, NCR Corporation, Teleperformance SE, Wipro Limited, Amdocs Limited, Automatic Data Processing, Inc., and Tata Consultancy Services Ltd.
Scope of the Study
By End-use
- IT & Telecommunication
- BFSI
- Healthcare
- Manufacturing
- Retail
- Others
By Service Type
- Sales
- Marketing
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Accenture PLC
- Capgemini SE
- Genpact Limited
- Infosys Limited
- NCR Corporation
- Teleperformance SE
- Wipro Limited
- Amdocs Limited
- Automatic Data Processing, Inc.
- Tata Consultancy Services Ltd.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Sales And Marketing Business Process Outsourcing Market, by End Use
1.4.2 Europe Sales And Marketing Business Process Outsourcing Market, by Service Type
1.4.3 Europe Sales And Marketing Business Process Outsourcing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Sales and Marketing Business Process Outsourcing Market
Chapter 4. Europe Sales And Marketing Business Process Outsourcing Market by End-use
4.1 Europe IT & Telecommunication Market by Country
4.2 Europe BFSI Market by Country
4.3 Europe Healthcare Market by Country
4.4 Europe Manufacturing Market by Country
4.5 Europe Retail Market by Country
4.6 Europe Others Market by Country
Chapter 5. Europe Sales And Marketing Business Process Outsourcing Market by Service Type
5.1 Europe Sales Market by Country
5.2 Europe Marketing Market by Country
Chapter 6. Europe Sales And Marketing Business Process Outsourcing Market by Country
6.1 Germany Sales And Marketing Business Process Outsourcing Market
6.1.1 Germany Sales And Marketing Business Process Outsourcing Market by End-use
6.1.2 Germany Sales And Marketing Business Process Outsourcing Market by Service Type
6.2 UK Sales And Marketing Business Process Outsourcing Market
6.2.1 UK Sales And Marketing Business Process Outsourcing Market by End-use
6.2.2 UK Sales And Marketing Business Process Outsourcing Market by Service Type
6.3 France Sales And Marketing Business Process Outsourcing Market
6.3.1 France Sales And Marketing Business Process Outsourcing Market by End-use
6.3.2 France Sales And Marketing Business Process Outsourcing Market by Service Type
6.4 Russia Sales And Marketing Business Process Outsourcing Market
6.4.1 Russia Sales And Marketing Business Process Outsourcing Market by End-use
6.4.2 Russia Sales And Marketing Business Process Outsourcing Market by Service Type
6.5 Spain Sales And Marketing Business Process Outsourcing Market
6.5.1 Spain Sales And Marketing Business Process Outsourcing Market by End-use
6.5.2 Spain Sales And Marketing Business Process Outsourcing Market by Service Type
6.6 Italy Sales And Marketing Business Process Outsourcing Market
6.6.1 Italy Sales And Marketing Business Process Outsourcing Market by End-use
6.6.2 Italy Sales And Marketing Business Process Outsourcing Market by Service Type
6.7 Rest of Europe Sales And Marketing Business Process Outsourcing Market
6.7.1 Rest of Europe Sales And Marketing Business Process Outsourcing Market by End-use
6.7.2 Rest of Europe Sales And Marketing Business Process Outsourcing Market by Service Type
Chapter 7. Company Profiles
7.1 Accenture PLC
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Wipro Limited
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Infosys Limited
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Tata Consultancy Services Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 Capgemini SE
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Recent strategies and developments:
7.5.4.1 Product Launches and Expansions:
7.6 Genpact Limited
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Recent strategies and developments:
7.6.4.1 Acquisition and Mergers:
7.7 Teleperformance SE
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental Analysis
7.7.4 Recent strategies and developments:
7.7.4.1 Acquisition and Mergers:
7.8 NCR Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.9 Amdocs Limited
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expense
7.10. Automatic Data Processing, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
Companies Mentioned
- Accenture PLC
- Capgemini SE
- Genpact Limited
- Infosys Limited
- NCR Corporation
- Teleperformance SE
- Wipro Limited
- Amdocs Limited
- Automatic Data Processing, Inc.
- Tata Consultancy Services Ltd.
Methodology
LOADING...
