PUBLISHER: Data Bridge Market Research | PRODUCT CODE: 1258925
PUBLISHER: Data Bridge Market Research | PRODUCT CODE: 1258925
Asia-Pacific Business Process Outsourcing (BPO) market is projected to register a CAGR of 8.6% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2022, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Asia-Pacific Business Process Outsourcing (BPO) Market, By Outsourcing Type (Offshore, Nearshore, Onshore), Application (Customer Care, Finance and Accounting, Talent and HR Services, Sales and Marketing, Sourcing, Procurement and Supply Chain, Facilities and Administration, Product Engineering, Training, Others), Deployment Mode (On-Premise, Cloud), 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 (Japan, China, India, Philippines, South Korea, Australia, Singapore, Thailand, Indonesia, Malaysia, Vietnam, and Rest of Asia-Pacific) Industry Trends and Forecast to 2030.
Instead of buying IT equipment and hiring more employees to do different tasks, BPO can outsource the tasks to a service provider, reducing or even eliminating overhead costs
Transferring non-core processes to a BPO company gives the organization more time to focus on its main business activities
If an organization decides to enter an overseas market, some activities that require local market knowledge, national law expertise, or fluency in a foreign language can be assigned to a BPO company.
Market Players
Cognizant
Accenture
IBM Corporation
Capgemini
Infosys Limited
Concentrix Corporation
NTT DATA Corporation
Genpact
ADP, Inc.
HCL Technologies Limited
Wipro Limited
Tata Consultancy Services Limited
NCR Corporation
Sodexo
Amdocs
ExlService Holdings, Inc.
CBRE
Tech Mahindra Limited
TTEC
WNS (Holdings) Ltd.
SunTec Web Services Pvt. Ltd.
Invensis Technologies Pvt Ltd
Unity Communications
eNoah
Plaxonic Technologies
Octopus Tech
Triniter
Helpware
Aidey
Intersa
CPM International