Business Process Outsourcing (BPO) Market Analysis by Key Players: Accenture, Infosys Limited, HCL, Wipro, Capgemini, and Amdocs By 2019-2023

The global business process outsourcing services market is anticipated to reach a revenue of USD 52 billion by the end of 2023. The market is expected to showcase an impressive CAGR of 11 % over the assessment period (2019-2023) owing to the latest innovations and technologies in the developed countries prompting companies to outsource processes. Global outsourcing service providers are expected to utilize the latest technologies and innovations to address the market challenges effectively and enhance products and services.

The global business process outsourcing (BPO) market size was valued at USD 195.2 billion in 2019 and is expected to exhibit a CAGR of +7%. Players in the market are engaged in providing reliable and cost-effective services across various sectors such as BFSI, manufacturing, retail, IT and telecommunications, and healthcare.

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The key players covered in this study: Accenture ,Cognizant ,Genpact ,IBM ,TCS ,HP ,Tech Mahindra ,Capgemini ,Wipro ,EXL ,NTT DATA(Dell) ,WNS Global ,Minacs ,Infosys ,Mu Sigma ,Aegis

Companies engaging in Business Process Outsourcing (BPO) Market can choose to outsource specific services or business functions based on individual requirements. These include payroll, IT, logistics, and legal services. Reduction in labor costs as well as reducing and/or eliminating overheads arising from human resource and equipment are some of the potential benefits of outsourcing.

The global business process outsourcing (BPO) market is segmented into several classification including service outlook, end-use outlook, regional outlook. Based on the service outlook the global business process outsourcing market is categorized by finance & accounting, human resources, knowledge process outsourcing, procurement outsourcing & supply chain, customer services, and others.

Furthermore, on the basis of end-use outlook the business process outsourcing market is subjected to banking, financial services, and insurance (BFSI), healthcare, manufacturing, IT & Telecommunication, retail, and others. In terms of region, the business process outsourcing market is widely range to North America, U.S., Canada, Europe, U.K., Germany, France, Asia Pacific, China, India, Japan, Singapore, Malaysia, Latin America, Brazil, Mexico, Middle East & Africa.

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Major factors cover in this reports: 
• Methodology and Scope
• Business Process Outsourcing (BPO) Market Executive Summary
• Market Outlook
• Technique Type Estimates & Trend Analysis
• Component Type Estimates & Trend Analysis
• Deployment Type Estimates & Trend Analysis
• End-Use Type Estimates & Trend Analysis
• Market Regional Estimates & Trend Analysis
• Competitive Landscape
• Marketing Strategy Analysis, Distributors/Traders
• Effect Factors Analysis
• Business Process Outsourcing (BPO) Market Forecast
• Appendix

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