Global Non-Core Business Outsourcing Service Market Growth (Status and Outlook) 2023-2029

Global Non-Core Business Outsourcing Service Market Growth (Status and Outlook) 2023-2029

The global Non-Core Business Outsourcing Service 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.

Global economic integration and the rapid development of IT technology provide conditions for the emergence of BPO. In addition, with the improvement of living standards, people have more personalized consumption demands, which means higher requirements for enterprises, forcing enterprises to change the mode of operation and management, make full use of their own resources, but also be good at using the advantages of external resources. In order to promote their core competitiveness can be constantly improved, and the new management mode of BPO is in line with the needs of enterprise development.

The original BPO service providers were subsidiaries of some multinational companies. They were established mainly because the parent company set up subsidiaries in areas with low labor costs to deal with non-core but essential business of the parent company for the purpose of making better use of world resources. Subsequently, along with the rapid development of information technology and economy, the market demand for BPO service enterprises keeps growing, thus the emergence of professional BPO service companies. These specialized BPO service companies not only provide services to the head office, but also provide service outsourcing services to other enterprises.

Different from the business philosophy of traditional enterprises, the emergence of BPO enables the company to free limited resources from non-core business and concentrate them on core business, thus improving the overall efficiency of the enterprise. For example, companies can outsource back-office services such as personnel and finance to improve processes and optimize operating costs.

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

This Insight Report provides a comprehensive analysis of the global Non-Core Business Outsourcing Service 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 Non-Core Business Outsourcing Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Non-Core Business Outsourcing Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-Core Business Outsourcing Service 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 Non-Core Business Outsourcing Service.

This report presents a comprehensive overview, market shares, and growth opportunities of Non-Core Business Outsourcing Service market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Background BPO Outsourcing
Foreground BPO Outsourcing

Segmentation by application
Financial
Government and Public Services
Internet and E-commerce
Retail and Logistics Services
3C Electronic
Automotive
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.
Genpact Limited
Capgemini
Wipro
Accenture
FirstSource Solutions Limited
Automatic Data Processing
Aon Hewitt
WNS Global
Infosys BPO Limited
Cognizant

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