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Europe Business Process Outsourcing (BPO) Market - Industry Trends and Forecast to 2029

author

Data Bridge Market Research

date

2 years ago

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1 business day

Europe business process outsourcing (BPO) market is projected to register a CAGR of 7.6% in the forecast period of 2022 to 2029. The new market report contains data for historic year 2020, the base year of calculation is 2021 and the forecast period is 2022 to 2029

 

Market Segmentation

Europe Business Process Outsourcing (BPO) Market, By Outsourcing Type (Offsource, Nearshore Onshore), Service (Voice Processing, Telemarketing Services, 3D Visualization Services, Image Edition Services, Virtual Staffing Services), Application (Human Resource, Sales & Marketing, Finance & Accounting, Procurement & Supply Chain, Facilities & Administrations, Customer Care, Training, Product Engineering), Deployment Model (Cloud, On Premise), Organization Size (Large Enterprises, SMEs), Ownership (Captive, Third Party), Outsourcing Approach (Best Shore, Bundled Services, Contract Based, Fee for Service), End-User (BFSI, IT & Telecom, Healthcare, Manufacturing, Retail & E-Commerce, Government & Defense, Transportation & Logistics, Travel & Hospitality, Education, Energy & Utilities, and Others), Country (China, India, Japan, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Vietnam, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast to 2029.

 

Some of the major factors contributing to the growth of the Europe business process outsourcing (BPO) market are:

 

• Growing need for business agility to cope up with the continuous technological changes and to stay in competition is the driving factor of the business process outsourcing (BPO) market.

 

• Increasing customer focus towards enhancing business operations efficiency, time effectiveness and lowering the overhead costs will drive the business process outsourcing (BPO) market.

 

Market Players

 

Some of the major players operating in the business process outsourcing (BPO) market are:

 

• IBM Corporation 
• Cognizant 
• Capgemini 
• Genpact 
• ADP, Inc. 
• Wipro Limited 
• Accenture 
• Tata Consultancy Services Limited
• HCL Technologies Limited 
• NTT DATA, Inc., WNS (Holdings) Ltd.
• Conduent, Inc. 
• NCR Corporation 
• Tech Mahindra Limited. 
• Infosys Limited
• Concentrix Corporation 
• TTEC 
• SunTec Web Services Pvt. Ltd. 
• Invensis Technologies Pvt. Ltd.  
• Sodexo 
• ExlService Holdings, Inc. and Affiliates
• Intetics Inc.
• AMDOCS
• CBRE
• eNoah
• Helpware

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