Cross Border Business Services Market Report 2025

The cross-border business services market size has grown strongly in recent years. It will grow from $213.41 billion in 2024 to $230.42 billion in 2025 at a compound annual growth rate (CAGR) of 8%. The growth during the historic period can be attributed to greater internet and mobile penetration, expanding cross-border e-commerce activities, rising demand for cloud-based business solutions, increased outsourcing of financial and legal services, and a growing need for real-time cross-border remittance solutions.

The cross-border business services market size is expected to see strong growth in the next few years. It will grow to $309.0 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. In the forecast period, growth is expected to stem from increasing globalization of businesses, heightened demand for international tax compliance, a rising volume of cross-border mergers and acquisitions, broader adoption of digital payment platforms, and an increasing need for foreign exchange and currency risk management. Key trends anticipated include advancements in cloud computing for global service delivery, blockchain technology developments, integration of digital identity verification systems, the creation of digital platforms, and improvements in cybersecurity solutions.

The rise in international trade is expected to drive growth in the cross-border business services market in the coming years. International trade involves the exchange of goods, services, and capital across national borders. This trade is expanding due to globalization, which fosters economic integration and reduces trade barriers, enabling countries to access wider markets and lower costs. Cross-border business services facilitate international trade by offering essential support such as legal, consulting, and financial solutions that help businesses navigate varying regulatory and economic conditions. For example, in February 2023, the UK’s Office for National Statistics reported that goods imports increased by $2.1 billion (£1.6 billion), or 2.9%, in December 2022; when adjusted for inflation, the rise was $0.9 billion (£0.7 billion), or 1.5%. Hence, the growth in international trade is fueling expansion in the cross-border business services market.

Leading firms in the cross-border business services market are adopting innovative cloud-based service models to improve efficiency, reduce costs, and enable smooth global service delivery. Cloud-based service models provide digital services through cloud infrastructure, allowing organizations remote access to resources, applications, and data with increased flexibility, scalability, and cost savings. For instance, in March 2024, AnyMind Group Inc., a Japan-based tech company, launched a business process as a service (BPaaS) solution for cross-border commerce aimed at automating and optimizing international business operations. This solution supports companies’ global growth by integrating e-commerce, logistics, and marketing via automated platforms enriched with local expertise. Benefits include easier market entry, improved operational efficiency through unified systems, and localized assistance for compliance and customer engagement.

In April 2025, Mastercard Inc., a US-based credit card company, partnered with Corpay Inc. to simplify and enhance global B2B cross-border payments by combining Mastercard’s worldwide payment infrastructure with Corpay’s proficiency in high-value transactions and currency risk management. Corpay Inc., also based in the US, specializes in cross-border business services.

Major players in the cross border business services market are Accenture plc., Deloitte Touche Tohmatsu Limited, PricewaterhouseCoopers, Ernst & Young Global Limited, PayPal Holdings Inc., Stripe Inc., McKinsey & Company, Boston Consulting Group, RSM International Limited, Bain & Company, Forvis Mazars LLP, Nexia International Limited, Revolut Ltd., Remitly Global Inc., Payoneer Inc., Convera Holdings LLC., World First UK Limited, The Currency Cloud Limited, Airwallex (Hong Kong) Limited, and Grant Thornton International Ltd.

North America was the largest region in the cross border business services market in 2024. The regions covered in cross border business services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cross border business services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s recommendations and conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the professional services sector, particularly in legal, consulting, architectural, and engineering domains. Higher costs for imported technology, software licenses, office equipment, and digital infrastructure have raised operational expenses for firms reliant on global tools and platforms. International consulting projects are facing delays or cost overruns due to increased travel expenses and restricted access to foreign-sourced data and tools. Additionally, clients in manufacturing, construction, and logistics, heavily affected by tariffs are cutting back on outsourced services, squeezing demand for professional expertise. As a result, service providers are reevaluating pricing structures, expanding domestic supplier relationships, and investing in AI-driven solutions to sustain profitability and client engagement amid economic uncertainty.

Cross border business services involve providing professional or commercial services by a company or individual based in one country to clients located in another. These services are typically delivered digitally or through the temporary relocation of personnel and cover fields such as information technology, finance, legal, and consulting.

The main categories of cross border business services include cross border tax, cross border mergers and acquisitions, cross border remittance, and others. Cross border tax services focus on managing taxation for international transactions or businesses operating in multiple countries, ensuring compliance with diverse tax laws and treaties. These services span legal support, accounting and taxation, consulting, IT and software, as well as logistics and supply chain management. They are customized to meet the needs of various clients, including small and medium-sized enterprises, large corporations, startups, government agencies, and non-profit organizations. Additionally, these services serve a variety of industry sectors such as banking, financial services and insurance (BFSI), healthcare and pharmaceuticals, retail and e-commerce, manufacturing, and telecommunications.

The cross border business services market research report is one of a series of new reports that provides cross border business services market statistics, including the cross border business services industry's global market size, regional shares, competitors with the cross border business services market share, detailed cross border business services market segments, market trends and opportunities, and any further data you may need to thrive in the cross border business services market. This cross border business services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The cross border business services market includes revenues earned by entities through training and education services, human resource services, and engineering and architectural services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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