Global Offshore BPO Service Market Growth (Status and Outlook) 2024-2030
Offshore BPO Service refers to the outsourcing of business processes to third-party service providers located in a different country, usually one where labor and operational costs are lower. This strategy allows companies to delegate non-core functions, such as customer support, IT services, finance and accounting, and human resources, to external specialists, enabling them to focus on their core competencies and reduce costs.
The global Offshore BPO Service market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Offshore BPO Service Industry Forecast” looks at past sales and reviews total world Offshore BPO Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Offshore BPO Service sales for 2023 through 2029. With Offshore BPO Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Offshore BPO Service industry.
This Insight Report provides a comprehensive analysis of the global Offshore BPO 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 analyses the strategies of leading global companies with a focus on Offshore BPO Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Offshore BPO Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Offshore BPO 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 Offshore BPO Service.
United States market for Offshore BPO Service is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Offshore BPO Service is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Offshore BPO Service is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Offshore BPO Service players cover Tata Consultancy Services (TCS), Infosys, Wipro, Accenture, Cognizant, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Offshore BPO Service market by product type, application, key players and key regions and countries.
Segmentation by Type:
Software
Service
Segmentation by Application:
SMEs
Large Enterprises
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
Segmentation by Type:
Software
Service
Segmentation by Application:
SMEs
Large Enterprises
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.
Tata Consultancy Services (TCS)
Infosys
Wipro
Accenture
Cognizant
HCL Technologies
Genpact
Capgemini
Tech Mahindra
IBM Global Services
Concentrix
Teleperformance
EXL Service
WNS Global Services
Please note: The report will take approximately 2 business days to prepare and deliver.