Press release
Middle East and Africa Business Process Outsourcing (BPO) market size was valued at USD 14.67 billion in 2024 and is projected to reach USD 26.22 billion by 2032, with a CAGR of 7.6% during the forecast period of 2025 to 2032.
Market Definition:The Business Process Outsourcing (BPO) refers to the practice of contracting specific business functions or processes to external service providers to enhance efficiency, reduce costs, and focus on core competencies. It encompasses tasks such as customer support, payroll, data entry, accounting, IT services, and human resources. BPO is widely used across industries such as finance, healthcare, telecommunications, retail, and manufacturing to streamline operations, access specialized expertise, and ensure scalability. It plays a crucial role in enabling businesses to remain competitive in a globalized economy by leveraging cost-effective and skilled labor, often from offshore or nearshore locations.
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Business Process Outsourcing (BPO) Market Leaders Operating in the Market Are:
Infosys Limited (India),Capgemini (France), IBM Corporation (US),Cognizant (US), Tata Consultancy Services Limited (India), NTT DATA Corporation (US), Concentrix Corporation (US),Wipro (India), Conduent Inc. (US), Genpact (US), ADP Inc. (US), HCL Technologies Limited (India), NCR Voyix Corporation (US), Sodexo (France), Amdocs (US), Exl Service Holdings Inc. (US), Tech Mahindra Limited (India).
Business Process Outsourcing (BPO) Market Share:
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
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