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News » IT BPO market to grow by $281.25Bn by 2026

IT BPO market to grow by $281.25Bn by 2026

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.

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About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 450+ podcast episodes, and a comprehensive directory with 4000+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

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