The Business Research
Company added Business Processes Outsourcing Market Global Market Report 2022
Report Under its “Information Technology” Industry.
The business processes outsourcing
(BPO) services market consists of sales of BPO services by entities
(organizations, sole traders and partnerships) engaged in providing the basic
operations of a business process such as human resource management, finance and
accounting, or customer/call center relations for a manufacturing or services
company.
View Complete Report:
Major Players In Business Processes Outsourcing Market:
The business processes
outsourcing market is fairly fragmented. Major players in the market include
ADP, Conduent, Accenture, Teleperformance, Paychex, and DXC Technologies.
The top opportunities in the
global business processes outsourcing market will arise in the CRM BPO segment
which will gain $27 billion of global annual sales by 2022.
China, Japan, India, Australia,
USA, Brazil, UK, Germany, France, Spain, Italy, Russia
Request a Sample of This Report:
The business processes
outsourcing market is segmented by type
By Type- The business processes outsourcing market is segmented by
type into CRM BPO, HRO BPO, F&A BPO, and Other BPO Services. CRM BPO was
the largest segment of the business processes outsourcing market in 2018 at
around 33%. The F&A BPO market is expected to be the fastest-growing
segment .
By Geography- The business processes outsourcing market is
segmented into Asia Pacific, Western Europe, Eastern Europe, North America,
South America, Middle East And Africa. Among these regions, Western Europe is the
largest market for business process outsourcing services market companies,
accounting for around 37% of the global market. It was followed by North
America, Asia Pacific and then the other regions. Going forward, Africa and the
Middle East will be the fastest growing regions in this market. This is
followed by Asia Pacific and South America.
Discount Offered On The Business Processes Outsourcing Market Report:
With the low-cost talent pool in
emerging economies and a rise in corporate profits, the potential and scope for
the global business processes outsourcing market is expected to increase.
The market is expected to face
restraints from one among several factors such as -
Stringent Government Regulations
On Gambling - Stringent government regulations on gambling activities are
expected to restrain the gambling market in the forecast period. For instance,
in 2018, the General Data Protection Regulation (GDPR) came into effect in the
European Union (EU), which compelled all gambling organizers to comply with the
provisions of protecting personal data of players. Regulators are also making
proposals to restrict gaming machines and gambling advertising.
About Company:
The Business Research Company is
a Business Intelligence Company which excels in company, market and consumer
research. It has offices in the UK, the US and India and a network of trained
researchers in 15 countries Globally. The Business Research Company maintains
multiple levels of quality control on 100% of the output to ensure premium
quality. Data is drawn from established sources and expert interviews, and is
fully referenced. All our content is edited by a team of UK academics.
