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Business Process Outsourcing Market Recorded a 3.53% Y-O-Y Growth Rate in 2021, Driven by the Focus on Reducing Operational Costs -Technavio – PR Newswire

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NEW YORK, Aug. 30, 2022 /PRNewswire/ — The “Business Process Outsourcing Market  – Forecast and Analysis 2021-2025″ report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The business process outsourcing market share is expected to increase by USD 40.16 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4%. Technavio categorizes the business process outsourcing market as a part of the global IT consulting and other services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the business process outsourcing market during the forecast period – For more highlights on the parent market analysis – Grab a FREE Sample Now!
Business Process Outsourcing Market  – Key Market Dynamics:
To learn about additional vital drivers, trends, and challenges – Request a FREE Sample Report right now!
Business Process Outsourcing Market  – Segmentation Analysis
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).  
Grab a sample report for additional insights into the contribution of all the segments
Business Process Outsourcing Market  – Vendor Analysis
The business process outsourcing market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
The competitive scenario provided in the Business Process Outsourcing Market Report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Business Process Outsourcing Market Forecast Report –  Buy Now!
Related Reports:
Business Process Outsourcing Market Scope
Report Coverage
Page number
Base year
Forecast period
Growth momentum & CAGR
Accelerate at a CAGR of  4%
Market growth 2021-2025
USD 40.16 billion
Market structure
YoY growth (%)
Regional analysis
North America, Europe, APAC, MEA, and South America
Performing market contribution
North America at 38%
Key consumer countries
US, UK, Germany, China, and Japan
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Accenture Plc, Automatic Data Processing Inc., Capgemini SE, Infosys Ltd., International Business Machines Corp., NEC Corp., NTT DATA Corp., Tata Consultancy Services Ltd., Wipro Ltd., and ZTE Corp.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Browse for Technavio “Information Technology Market” Research Reports
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning  50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
SOURCE Technavio
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