Delvens has released a new research study titled "Business Process Outsourcing (BPO) Market" analysis with Industry size, share, growth, segmentation, manufacturers and innovations, major trends, market drivers, restraints, regulations, distribution methods, opportunities, strategies, prospective road maps, and yearly forecast till 2030′′. The purpose of the market research study is to thoroughly investigate the industry in order to gain knowledge of the industry and its economic potential. The report also looks at SWOT and Porter's Five Forces Analysis, as well as crucial statistics like expenditure, costs, revenue, and end-Users.
The Business Process Outsourcing (BPO) Market size was estimated at USD 285.86 billion in 2023 and is projected to reach USD 527.63 billion in 2030 at a CAGR of 9.15% during the forecast period 2023-2030.
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Business process outsourcing (BPO) is a method of conducting business in which a company hires an outside service provider to carry out a crucial duty or activity. After identifying a procedure that, while important for its operations, is not part of its core value offering, an organization often contracts with another company for these services.
Top Key Competitors of Business Process Outsourcing (BPO) Market:
Accenture
ADP, Inc.
Aidey
ALAC ETOILE
AMDOCS
Capgemini
CBRE
Cognizant
Concentrix Corporation
Conduent, Inc.
eNoah
ExlService Holdings, Inc. and Affiliates.
Genpact
H2A
HCL Technologies Limited and Many More
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Business Process Outsourcing (BPO) Market Segmentation:
By Service Type
• Finance & Accounting
• Human Resource
• ΚΡΟ
• Procurement & Supply Chain
• Customer Services
• Others
By End-Use
• BFSI
• Healthcare
• Manufacturing
• IT & Telecommunications
• Retail
• Others
• Offshore
By Outsourcing Type
• Onshore
• Nearshore
Recent Developments
In June 2023, the TTEC Digital Innovation Studio has opened in Hyderabad, according to a statement from TTEC Holdings. With the help of prominent CX technology platforms like Amazon, Microsoft, and Google, among others, this development is anticipated to increase TTEC's capacity to provide better customer experiences around the globe.
In June 2023, in order to emphasize the company's dedication on investing and growing its footprint in the nation, Wipro Limited officially opened its new office at Sable Park in Cape Town, South Africa. This is anticipated to hasten the job and skill-development prospects for the rapidly expanding BPO industry in Cape Town, which considerably boosts the local economy, in the near future.
Table of Contents
Executive Summary
Market Introduction
Research Methodology
Market Dynamics
Variable Business Process Outsourcing (BPO) Market Analysis by Segment (Country Level Analysis)
North America variable data printing market analysis
Europe variable data printing market analysis
Asia-pacific variable data printing market analysis
Rest of the World Variable Business Process Outsourcing (BPO) Market analysis
Company Profiles
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