North America Sales And Marketing Business Process Outsourcing Market Size, Share & Industry Trends Analysis Report By End-use (IT & Telecommunication, BFSI, Healthcare, Manufacturing, Retail, and Others), By Service Type (Sales and Marketing), By Country and Growth Forecast, 2022 - 2028
The North America Sales And Marketing Business Process Outsourcing Market would witness market growth of 8.8% CAGR during the forecast period (2022-2028).
BPO has grown tremendously popular with businesses of all sizes, from startups to Fortune 500s. Although manufacturers were the ones who first adopted BPO, nearly every industry now incorporates it into their business structures. Since BPO solutions offer a variety of opportunities for business growth and cost reduction, businesses across all sectors have adopted BPO. Businesses can devote their resources and time more easily to their main business and office activities owing to BPO services (such as payroll, accounting, and data analytics outsourcing).
By modifying their procedures as the market evolves, BPO also enables firms to respond more quickly to shifting market dynamics. As supply chains become more complex, businesses increasingly turn to third-party corporations to outsource their operations, which benefits business process outsourcing providers. Many of the largest outsourcing companies plan to spend significantly on robotic automation in the upcoming years.
In this region, Canada is a desirable place for sales and marketing BPO because of its strong infrastructure, superior technology, stable economy, and top-notch education system. The Canadian workforce comprises English-speaking professionals who are highly educated, skilled, and ready to work. The nation's second official language, French, is also spoken by many call center employees. By offering customer care & support, answering services, technical support, and appointment setting, Canadian BPOs deliver great customer experiences.
The US market dominated the North America 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 $12,975.2 Million by 2028. The Canada market is poised to grow at a CAGR of 11.2% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 10.3% 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 U.S., Mexico, Canada, and Rest of North America.
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
Market Segments covered in the Report:
By End Use
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