Business Process Outsourcing (BPO) Market Size, Share, Trends, Analysis, and Forecasts By Service (Customer Relationship Management (CRM) BPO, Finance and Accounting BPO, Human Resources BPO, Knowledge Process Outsourcing (KPO), Procurement and Supply-Cha

Business Process Outsourcing (BPO) Market Size, Share, Trends, Analysis, and Forecasts By Service (Customer Relationship Management (CRM) BPO, Finance and Accounting BPO, Human Resources BPO, Knowledge Process Outsourcing (KPO), Procurement and Supply-Chain BPO, Vertical-specific BPO), Vertical, Enterprise Size, Region, and Segment Forecasts, 2023-2027

Summary

The business process outsourcing (BPO) market report provides an executive-level overview of the business process outsourcing (BPO) industry worldwide today, with detailed forecasts of key indicators up to 2027.

The business process outsourcing (BPO) market growth is primarily driven by the growing significance of outsourcing non-core business processes to increase focus on more important business tasks is likely to drive market growth over the forecast period.

The global business process outsourcing (BPO) market demand in terms of revenue valued at $350.2 Billion in 2023 , growing at a compound annual growth rate (CAGR) of 5.1% from 2022 to 2027. The growing significance of outsourcing non-core business processes in order to increase focus on more important business tasks is likely to drive market growth over the forecast period.

Scope

The market intelligence report provides an in-depth analysis of the following –

• Business Process Outsourcing (BPO) market outlook: analysis as well as historical figures and forecasts of volume and revenue opportunities from service, vertical, enterprise size, and regional segments
• The competitive landscape: an examination of the positioning of leading players in the business process outsourcing (BPO) market
• Company Analysis: analysis of the market position of leading providers in the business process outsourcing (BPO) market
• Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

Reasons to Buy

• This market intelligence report offers a thorough, forward-looking analysis of the global business process outsourcing (BPO) market by service, vertical, enterprise size, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
• Accompanying GlobalData’s Forecast products, the report examines the assumptions, drivers, deals, strategic initiatives, and trend analysis in Business Process Outsourcing (BPO) markets.
• Detailed segmentation by service – customer relationship management (CRM) BPO, finance and accounting BPO, human resources BPO, knowledge process outsourcing (KPO), procurement and supply-chain BPO, vertical-specific BPO. The second level of segmentation includes at vertical level – construction, government, healthcare, information technology, insurance, manufacturing, retail, retail banking, transport and logistics, others. The last one is enterprise size – micro (Less than 50), small (51-250), medium (251-1,000), large (1,001- 4,999), and very large (5,000+)
• The report includes 150+ figures and tables providing in-depth analysis of the market size, forecast, and supporting factors which are tailor-made for an executive-level audience, with enhanced presentation quality.
• The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in business process outsourcing (BPO) market.
• The report evaluates the entire value chain of the business process outsourcing (BPO) market space while highlighting the key functions of the industry.
• The report offers a dedicated list of key vendors and their regional market shares under competitive landscape.