Business process outsourcing (BPO) is a method of subcontracting various business-related operations to third-party vendors.
This report contains market size and forecasts of Business Pro-cess Outsourcing Services in Global, including the following market information:
Global Business Pro-cess Outsourcing Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Business Pro-cess Outsourcing Services market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Finance & Accounting Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Business Pro-cess Outsourcing Services include Accenture, Cognizant, Genpact, IBM, TCS, HP, Tech Mahindra, Capgemini and Wipro, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Business Pro-cess Outsourcing Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Business Pro-cess Outsourcing Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Business Pro-cess Outsourcing Services Market Segment Percentages, by Type, 2021 (%)
Finance & Accounting
Human Resources
Knowledge Process Outsourcing
Procurement & Supply Chain
Customer Services
Others
Global Business Pro-cess Outsourcing Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Business Pro-cess Outsourcing Services Market Segment Percentages, by Application, 2021 (%)
Banking, Financial Services and Insurance (BFSI)
Healthcare
Manufacturing
IT & Telecommunication
Retail
Others
Global Business Pro-cess Outsourcing Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Business Pro-cess Outsourcing Services Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Business Pro-cess Outsourcing Services revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Business Pro-cess Outsourcing Services revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Accenture
Cognizant
Genpact
IBM
TCS
HP
Tech Mahindra
Capgemini
Wipro
ExlService Holdings
NTT DATA
WNS Global
Concentrix
Infosys
Mu Sigma
Aegis
Convergys