Business Process Outsourcing (BPO) Market 2023: Competitive Benchmark with Emerging Trends and Demand Scope by 2031 | with Growth Research

PRESS RELEASE
Published May 24, 2023

Business Process Outsourcing (BPO) Market Size and Share Research Report 2023 | 100 Pages | provides a detailed analysis of the current and future growth status of the market, including industry revenue and CAGR across all regions. It also includes an analysis of the top key players in the industry - ADP, LLC, Genpact, HP Infosystem, Capgemini, TTEC Holdings Inc., Sodexo, Alorica

"Final Report will add the analysis of the impact of COVID-19 on this industry."

The “Business Process Outsourcing (BPO) Market” report 2023 offers a comprehensive and precise analysis of the various aspects related to business growth opportunities, challenges, risk factors, and trends across all geographic regions. The report offers current and comprehensive information on the latest technological developments, as well as SWOT and PESTLE analysis, along with valuable insights on market size.

It provides a thorough examination of growth drivers, global technology trends, and profiles of key players with company backgrounds and supply-demand scope. Additionally, the report presents a comprehensive overview of industry revenue, demand status, competitive landscape, and regional segments of the worldwide industry. This report is an essential resource for any company seeking to develop its future strategies and plan its path forward.

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The global Business Process Outsourcing (BPO) market size was valued at USD 323031.0 million in 2021 and is expected to expand at a CAGR of 6.09% during the forecast period, reaching USD 460636.0 million by 2027.

Business process outsourcing (also known as business process outsourcing or outsourcing) will point to third-party providers to sign non-primary business activities and functions.

Key Players covered in the global Business Process Outsourcing (BPO) Market are:

  • ADP, LLC
  • Genpact
  • HP Infosystem
  • Capgemini
  • TTEC Holdings Inc.
  • Sodexo
  • Alorica
  • Blackstone Group
  • Cognizant
  • Synnex (Convergys included)
  • Tata Consultancy Services
  • Teleperformance
  • Transcosmos
  • WNS Global Services
  • VXI Global Solutions
  • Sykes
  • Accenture
  • Conduent, Inc.
  • Infosys
  • NCR Corporation
  • CBRE Group
  • Wipro

The report covers the competitive landscape of various major players, their current market positions, and key business strategies adopted by players. This Business Process Outsourcing (BPO) market report includes information about the product launch, expansion of the production facilities or plants, adoption of new technologies, latest merger and acquisition, partnership, and collaboration of the key players. It furthers provides concrete information about the existing market scope for the new entrants and the current competitive levels and scenario for the emerging players in the global market.

Get a sample PDF of the Business Process Outsourcing (BPO) Market Report

For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers and acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.

In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner.

Most important types of Business Process Outsourcing (BPO) products covered in this report are:

  • Finance and Accounting
  • Human Resources
  • Knowledge process
  • Procurement
  • Customer Services
  • Others

Most widely used downstream fields of Business Process Outsourcing (BPO) market covered in this report are:

  • Telecom and IT
  • BFSI
  • Healthcare
  • Government
  • Retail
  • Others

The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Business Process Outsourcing (BPO) market covering all its essential aspects.

Reasons to purchase the Business Process Outsourcing (BPO) market report:

Latest and comprehensive information: The report provides up-to-date and comprehensive information on the latest technological advancements, market trends, and growth drivers.

In-depth analysis: The report offers an in-depth analysis of the market, including SWOT and PESTLE analysis, and insightful market size information.

Key player profiling: The report profiles key players in the industry and provides valuable information on their company backgrounds, supply-demand scope, and market strategies.

Holistic overview: The report provides a holistic overview of the industry, including revenue, demand status, competitive landscape, and regional segments.

Valuable resource for strategic planning: The report is an indispensable resource for companies looking to develop future strategies and plan their path forward in the industry.

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Geographically, the report includes the research on production, consumption, revenue, market share and growth rate, and forecast (2018 -2028) of the following regions:

  • United States
  • Europe (Germany, UK, France, Italy, Spain, Russia, Poland)
  • China
  • Japan
  • India
  • Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam)
  • Latin America (Brazil, Mexico, Colombia)
  • Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)
  • Other Regions

The report delivers a comprehensive study of all the segments and shares information regarding the leading regions in the market. This report also states import/export consumption, supply and demand Figures, cost, industry share, policy, price, revenue, and gross margins.

Key Offerings of Business Process Outsourcing (BPO) Market:

Trend and forecast analysis:Market trends, forecast, and Analysis to 2023 by segments and regions

Segmentation analysis:Market size by various applications such as product, material, shape, and end use in terms of value and volume shipment.

Regional analysis:Global Business Process Outsourcing (BPO) market breakdown by “North and South America, Europe, Asia Pacific, Middle East and the Rest of the World”.

Growth opportunities:Analysis of growth opportunities in different applications and regions in the Global Business Process Outsourcing (BPO) Market

Strategic analysis:This includes new product development and competitive landscape in the Global Business Process Outsourcing (BPO) Market

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Following Chapter Covered in the Business Process Outsourcing (BPO) Market Research:

Chapter 1 mainly defines the market scope and introduces the macro overview of the industry, with an executive summary of different market segments ((by type, application, region, etc.), including the definition, market size, and trend of each market segment.

Chapter 2 provides a qualitative analysis of the current status and future trends of the market. Industry Entry Barriers, market drivers, market challenges, emerging markets, consumer preference analysis, together with the impact of the COVID-19 outbreak will all be thoroughly explained.

Chapter 3 analyzes the current competitive situation of the market by providing data regarding the players, including their sales volume and revenue with corresponding market shares, price and gross margin. In addition, information about market concentration ratio, mergers, acquisitions, and expansion plans will also be covered.

Chapter 4 focuses on the regional market, presenting detailed data (i.e., sales volume, revenue, price, gross margin) of the most representative regions and countries in the world.

Chapter 5 provides the analysis of various market segments according to product types, covering sales volume, revenue along with market share and growth rate, plus the price analysis of each type.

Chapter 6 shows the breakdown data of different applications, including the consumption and revenue with market share and growth rate, with the aim of helping the readers to take a close-up look at the downstream market.Chapter 7 provides a combination of quantitative and qualitative analyses of the market size and development trends in the next five years. The forecast information of the whole, as well as the breakdown market, offers the readers a chance to look into the future of the industry.

Chapter 8 is the analysis of the whole market industrial chain, covering key raw materials suppliers and price analysis, manufacturing cost structure analysis, alternative product analysis, also providing information on major distributors, downstream buyers, and the impact of COVID-19 pandemic.

Chapter 9 shares a list of the key players in the market, together with their basic information, product profiles, market performance (i.e., sales volume, price, revenue, gross margin), recent development, SWOT analysis, etc.

Chapter 10 is the conclusion of the report which helps the readers to sum up the main findings and points.

Chapter 11 introduces the market research methods and data sources.

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Detailed TOC of Business Process Outsourcing (BPO) Market Forecast Report 2023-2028:

1 Business Process Outsourcing (BPO) Market Overview

1.1 Product Overview and Scope of Business Process Outsourcing (BPO) Market

1.2 Business Process Outsourcing (BPO) Market Segment by Type

1.2.1 Global Business Process Outsourcing (BPO) Market Sales Volume and CAGR (%) Comparison by Type (2018-2028)

1.3 Global Business Process Outsourcing (BPO) Market Segment by Application

1.3.1 Business Process Outsourcing (BPO) Market Consumption (Sales Volume) Comparison by Application (2018-2028)

1.4 Global Business Process Outsourcing (BPO) Market, Region Wise (2018-2028)

1.5 Global Market Size of Business Process Outsourcing (BPO) (2018-2028)

1.5.1 Global Business Process Outsourcing (BPO) Market Revenue Status and Outlook (2018-2028)

1.5.2 Global Business Process Outsourcing (BPO) Market Sales Volume Status and Outlook (2018-2028)

1.6 Global Macroeconomic Analysis

1.7 The impact of the Russia-Ukraine war on the Business Process Outsourcing (BPO) Market

2 Industry Outlook

2.1 Business Process Outsourcing (BPO) Industry Technology Status and Trends

2.2 Industry Entry Barriers

2.2.1 Analysis of Financial Barriers

2.2.2 Analysis of Technical Barriers

2.2.3 Analysis of Talent Barriers

2.2.4 Analysis of Brand Barrier

2.3 Business Process Outsourcing (BPO) Market Drivers Analysis

2.4 Business Process Outsourcing (BPO) Market Challenges Analysis

2.5 Emerging Market Trends

2.6 Consumer Preference Analysis

2.7 Business Process Outsourcing (BPO) Industry Development Trends under COVID-19 Outbreak

2.7.1 Global COVID-19 Status Overview

2.7.2 Influence of COVID-19 Outbreak on Business Process Outsourcing (BPO) Industry Development

3 Global Business Process Outsourcing (BPO) Market Landscape by Player

3.1 Global Business Process Outsourcing (BPO) Sales Volume and Share by Player (2018-2023)

3.2 Global Business Process Outsourcing (BPO) Revenue and Market Share by Player (2018-2023)

3.3 Global Business Process Outsourcing (BPO) Average Price by Player (2018-2023)

3.4 Global Business Process Outsourcing (BPO) Gross Margin by Player (2018-2023)

3.5 Business Process Outsourcing (BPO) Market Competitive Situation and Trends

3.5.1 Business Process Outsourcing (BPO) Market Concentration Rate

3.5.2 Business Process Outsourcing (BPO) Market Share of Top 3 and Top 6 Players

3.5.3 Mergers and Acquisitions, Expansion

4 Global Business Process Outsourcing (BPO) Sales Volume and Revenue Region Wise (2018-2023)

4.1 Global Business Process Outsourcing (BPO) Sales Volume and Market Share, Region Wise (2018-2023)

4.2 Global Business Process Outsourcing (BPO) Revenue and Market Share, Region Wise (2018-2023)

4.3 Global Business Process Outsourcing (BPO) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.4 United States Business Process Outsourcing (BPO) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.4.1 United States Business Process Outsourcing (BPO) Market Under COVID-19

4.5 Europe Business Process Outsourcing (BPO) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.5.1 Europe Business Process Outsourcing (BPO) Market Under COVID-19

4.6 China Business Process Outsourcing (BPO) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.6.1 China Business Process Outsourcing (BPO) Market Under COVID-19

4.7 Japan Business Process Outsourcing (BPO) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.7.1 Japan Business Process Outsourcing (BPO) Market Under COVID-19

4.8 India Business Process Outsourcing (BPO) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.8.1 India Business Process Outsourcing (BPO) Market Under COVID-19

4.9 Southeast Asia Business Process Outsourcing (BPO) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.9.1 Southeast Asia Business Process Outsourcing (BPO) Market Under COVID-19

4.10 Latin America Business Process Outsourcing (BPO) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.10.1 Latin America Business Process Outsourcing (BPO) Market Under COVID-19

4.11 Middle East and Africa Business Process Outsourcing (BPO) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.11.1 Middle East and Africa Business Process Outsourcing (BPO) Market Under COVID-19

5 Global Business Process Outsourcing (BPO) Sales Volume, Revenue, Price Trend by Type

5.1 Global Business Process Outsourcing (BPO) Sales Volume and Market Share by Type (2018-2023)

5.2 Global Business Process Outsourcing (BPO) Revenue and Market Share by Type (2018-2023)

5.3 Global Business Process Outsourcing (BPO) Price by Type (2018-2023)

5.4 Global Business Process Outsourcing (BPO) Sales Volume, Revenue and Growth Rate by Type (2018-2023)

6 Global Business Process Outsourcing (BPO) Market Analysis by Application

6.1 Global Business Process Outsourcing (BPO) Consumption and Market Share by Application (2018-2023)

6.2 Global Business Process Outsourcing (BPO) Consumption Revenue and Market Share by Application (2018-2023)

6.3 Global Business Process Outsourcing (BPO) Consumption and Growth Rate by Application (2018-2023)

7 Global Business Process Outsourcing (BPO) Market Forecast (2023-2028)

7.1 Global Business Process Outsourcing (BPO) Sales Volume, Revenue Forecast (2023-2028)

7.1.1 Global Business Process Outsourcing (BPO) Sales Volume and Growth Rate Forecast (2023-2028)

7.1.2 Global Business Process Outsourcing (BPO) Revenue and Growth Rate Forecast (2023-2028)

7.1.3 Global Business Process Outsourcing (BPO) Price and Trend Forecast (2023-2028)

7.2 Global Business Process Outsourcing (BPO) Sales Volume and Revenue Forecast, Region Wise (2023-2028)

7.3 Global Business Process Outsourcing (BPO) Sales Volume, Revenue and Price Forecast by Type (2023-2028)

7.4 Global Business Process Outsourcing (BPO) Consumption Forecast by Application (2023-2028)

7.5 Business Process Outsourcing (BPO) Market Forecast Under COVID-19

8 Business Process Outsourcing (BPO) Market Upstream and Downstream Analysis

8.1 Business Process Outsourcing (BPO) Industrial Chain Analysis

8.2 Key Raw Materials Suppliers and Price Analysis

8.3 Manufacturing Cost Structure Analysis

8.3.1 Labor Cost Analysis

8.3.2 Energy Costs Analysis

8.3.3 RandD Costs Analysis

8.4 Alternative Product Analysis

8.5 Major Distributors of Business Process Outsourcing (BPO) Analysis

8.6 Major Downstream Buyers of Business Process Outsourcing (BPO) Analysis

8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the Business Process Outsourcing (BPO) Industry

9 Players Profiles

10 Research Findings and Conclusion

11 Appendix

11.1 Methodology

11.2 Research Data Source

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