IT BPO market to grow by $281.25Bn by 2026
The IT business process outsourcing (BPO) market size is expected to grow by $281.25 billion, at a CAGR of 8.12% from 2021 to 2026 with a yearly growth rate of 7.54%.
The type segment will generate maximum income in the IT BPO market brought about by the access to local talents and advanced technologies that enable clients to maintain a fewer staff.
In addition, offshoring to other countries poses a good indication resulting in a favorable impact in the years to come in the information technology of the BPO market.
Due to the low cost of operation, call center businesses have thrived, among other nations, in India and the Philippines.
The accumulation of this information covers the following factors: 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.
Among the key companies profiled for this report include Outsource Accelerator, Accenture, Capgemini, Cognizant Technology Solutions Corp., Concentrix Corp., and Tata Consultancy Services.
