Key Market Dynamics:
- Market Driver
- Market Challenges
The increasing adoption of BPO by IT and telecom service providers and the beneficial aspects of BPO services are some of the key market drivers expected to drive the market during the forecast period. However, data breaches may impede market growth.
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The business process outsourcing market report is segmented by end-user (IT and telecommunication, BFSI, retail, healthcare, and others) and geography (North America, Europe, APAC, MEA, and South America). Moreover, 38% of the market's growth will originate from North America during the forecast period with the US emerging as the key revenue-generating economies for the business process outsourcing market in the region.
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Companies Mentioned with their Offerings
- Accenture Plc
- Automatic Data Processing Inc.
- Capgemini SE
- Infosys Ltd.
- International Business Machines Corp.
- To Gain Access to more Vendor Profiles with their Key Offerings available with Technavio, Click Here
Related Reports on Information Technology Industry Include:
BPO Business Analytics Market by End-user and Geography - Forecast and Analysis 2021-2025
IT and BPO Services Market in India by Product, End-user, and Type - Forecast and Analysis 2020-2024
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by Expenditure
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
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SOURCE Technavio
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