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Sector Analysis
Business Process Outsourcing (BPO) Market Size (by Technology, Geography, Sector and Size Band), Trends, Drivers and Challenges, Vendor Landscape, Opportunities and Forecast, 2021-2026
Business Process Outsourcing (BPO) Market Report Overview The business process outsourcing (BPO) market size was valued at $316.4 billion in 2021 and will grow at a compounded annual growth rate (CAGR) of more than 4% during the forecast period, 2021-2026. The desire to optimize resource utilization, boost productivity, improve operational scalability, and focus time and resources on core operations has been driving enterprises to adopt BPO. Outsourcing also offers businesses an opportunity to digitally transform their processes by adding new...
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