Global General and Administrative Outsourcing Market Growth (Status and Outlook) 2023-2029

Global General and Administrative Outsourcing Market Growth (Status and Outlook) 2023-2029

With fast changing technological trends, companies need to adopt best practices, new technologies, or transform business models. For instance, growing pressure to optimize business performance has forced many finance executives to look for new strategies that include outsourcing F&A-based services.

LPI (LP Information)' newest research report, the “General and Administrative Outsourcing Industry Forecast” looks at past sales and reviews total world General and Administrative Outsourcing sales in 2022, providing a comprehensive analysis by region and market sector of projected General and Administrative Outsourcing sales for 2023 through 2029. With General and Administrative Outsourcing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world General and Administrative Outsourcing industry.

This Insight Report provides a comprehensive analysis of the global General and Administrative Outsourcing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on General and Administrative Outsourcing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global General and Administrative Outsourcing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for General and Administrative Outsourcing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global General and Administrative Outsourcing.

The global General and Administrative Outsourcing market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

These factors have made companies operating business in several industry verticals to look for new strategies to align people, operate process, and technologies. Organizations adopt advanced IT solutions such as cloud computing, analytics, virtualization, mobility solutions, and digital technologies. The digital transformation in the BFSI, healthcare, telecom, and manufacturing sectors requires efficient planning processes to manage G&A costs. BPO is not new to the IT industry, and many organizations have partially or wholly outsourced their functions such as F&A and HR. Organizations facing difficulties in managing G&A expenses require G&A outsourcing services. The G&A cost applies to each of the functional department, which increases over a particular time frame.

This report presents a comprehensive overview, market shares, and growth opportunities of General and Administrative Outsourcing market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
FAO (Finance and Accounting Outsourcing)
RPO (Recruitment Process Outsourcing)
Payroll Outsourcing
Procurement Outsourcing

Segmentation by application
BFSI
Healthcare
Telecom
Manufacturing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Accenture
Capgemini
IBM
Infosys
TCS

Please note: The report will take approximately 2 business days to prepare and deliver.