Business Process Outsourcing Market Analysis Report By Service, By End-Use
Business Process Outsourcing Market Analysis Report By Service, By End-Use Report Overview In 2019, the global business process outsourcing market size was at 221.5 billion USD and is expected to grow at a compound annual growth rate of 8.0 % from 2020 to 2027. Situations such as reduced international trade barriers and improved telecommunications and IT capabilities have led to the organizations being increasingly interlinked with each other for carrying out businesses. The major operations offered by business process outsourcing services are business administration, supply chain management, marketing, and customer care services. The business activities of an organization are classified into three activities. Critical activities Core activities Non-core activities. Core activities are the primary competencies of the company that gives the company a strategic advantage. Critical activities require specialized skills. Non-core activities are activities that largely inv...