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PUBLISHER: KBV Research | PRODUCT CODE: 1768642

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PUBLISHER: KBV Research | PRODUCT CODE: 1768642

North America Outsourcing Services Market Size, Share & Industry Analysis Report By Type, By Industry Vertical, By Deployment Type, By Country and Growth Forecast, 2025 - 2032

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The North America Outsourcing Services Market would witness market growth of 8.6% CAGR during the forecast period (2025-2032).

The US market dominated the North America Outsourcing Services Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $1,025,335.3 million by 2032. The Canada market is experiencing a CAGR of 11.3% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 10% during (2025 - 2032).

The financial services sector utilizes outsourcing not only for back-office processing but also for advanced analytics, fraud detection, and digital banking services. The versatility of outsourcing allows organizations to experiment with new business models, launch products more quickly, and continuously improve service delivery without the burden of expanding internal teams.

Similarly, current trends in the outsourcing services market reflect a shift towards more strategic and value-driven partnerships. Organizations are increasingly seeking end-to-end solutions that go beyond transactional relationships, aiming for long-term collaborations that deliver measurable business outcomes. There is a growing emphasis on vendor integration, joint innovation, and shared risk and reward models. Digital transformation is another dominant trend, with outsourcing providers playing a pivotal role in deploying automation, artificial intelligence, cloud computing, and Internet of Things (IoT) solutions for clients.

Canada's outsourcing services market is a vital component of its technology-driven economy, focusing on IT outsourcing, customer service, and finance-related BPO. With a highly educated workforce and a strong emphasis on innovation, Canada serves as both a provider and consumer of outsourcing services. The market benefits from Canada's proximity to the U.S., its bilingual workforce (English and French), and its stable business environment, making it a preferred nearshore destination for North American companies. The outsourcing industry supports Canada's diverse sectors, including finance, telecommunications, and healthcare.

Mexico's outsourcing services market is a rapidly growing segment in North America, driven by its proximity to the U.S., cost-competitive labor, and expanding digital infrastructure. The country is a leading nearshore destination for BPO and ITO, serving industries like manufacturing, finance, and customer service. Mexico's outsourcing industry benefits from its large, young workforce and bilingual capabilities (Spanish and English), with the market projected to grow due to increasing demand from U.S. companies seeking cost-effective solutions close to home.

Based on Type, the market is segmented into IT Outsourcing, Business Process Outsourcing, Knowledge Process Outsourcing, Engineering Services Outsourcing, and Other Type. Based on Industry Vertical, the market is segmented into BFSI (Banking, Financial Services & Insurance), IT & Telecommunications, Healthcare & Life Sciences, Retail & E-commerce, Manufacturing, Government & Public Sector, Transportation & Logistics, and Other Industry Vertical. Based on Deployment Type, the market is segmented into Onshore Outsourcing, Offshore Outsourcing, Nearshore Outsourcing, and Other Deployment Type. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Accenture PLC
  • Capgemini SE
  • Infosys Limited
  • Cognizant Technology Solutions Corporation
  • Tata Consultancy Services Ltd.
  • Wipro Limited
  • HCL Technologies Ltd. (HCL Enterprises)
  • IBM Corporation
  • Teleperformance SE
  • Concentrix Corporation

North America Outsourcing Services Market Report Segmentation

By Type

  • IT Outsourcing
  • Business Process Outsourcing
  • Knowledge Process Outsourcing
  • Engineering Services Outsourcing
  • Other Type

By Industry Vertical

  • BFSI (Banking, Financial Services & Insurance)
  • IT & Telecommunications
  • Healthcare & Life Sciences
  • Retail & E-commerce
  • Manufacturing
  • Government & Public Sector
  • Transportation & Logistics
  • Other Industry Vertical

By Deployment Type

  • Onshore Outsourcing
  • Offshore Outsourcing
  • Nearshore Outsourcing
  • Other Deployment Type

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 North America Outsourcing Services Market, by Type
    • 1.4.2 North America Outsourcing Services Market, by Industry Vertical
    • 1.4.3 North America Outsourcing Services Market, by Deployment Type
    • 1.4.4 North America Outsourcing Services Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market at a Glance

  • 2.1 Key Highlights

Chapter 3. Market Overview

  • 3.1 Introduction
    • 3.1.1 Overview
      • 3.1.1.1 Market Composition and Scenario
  • 3.2 Key Factors Impacting the Market
    • 3.2.1 Market Drivers
    • 3.2.2 Market Restraints
    • 3.2.3 Market Opportunities
    • 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

  • 4.1 KBV Cardinal Matrix
  • 4.2 Recent Industry Wide Strategic Developments
    • 4.2.1 Partnerships, Collaborations and Agreements
    • 4.2.2 Product Launches and Product Expansions
    • 4.2.3 Acquisition and Mergers
  • 4.3 Market Share Analysis, 2024
  • 4.4 Top Winning Strategies
    • 4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
    • 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2023, Mar - 2025, May) Leading Players
  • 4.5 Porter Five Forces Analysis

Chapter 5. Value Chain Analysis of Outsourcing Services Market

  • 5.1 Market Research & Opportunity Identification
  • 5.2 Vendor Selection & Contracting
  • 5.3 Service Transition & Knowledge Transfer
  • 5.4 Service Delivery & Execution
  • 5.5 Quality Control & Compliance Management
  • 5.6 Client Relationship & Account Management
  • 5.7 Technology Integration & Innovation
  • 5.8 Scalability & Resource Optimization
  • 5.9 Performance Analysis & Continuous Improvement

Chapter 6. Key Costumer Criteria of Outsourcing Services Market

Chapter 7. North America Outsourcing Services Market by Type

  • 7.1 North America IT Outsourcing Market by Country
  • 7.2 North America Business Process Outsourcing Market by Country
  • 7.3 North America Knowledge Process Outsourcing Market by Country
  • 7.4 North America Engineering Services Outsourcing Market by Country
  • 7.5 North America Other Type Market by Country

Chapter 8. North America Outsourcing Services Market by Industry Vertical

  • 8.1 North America BFSI (Banking, Financial Services & Insurance) Market by Country
  • 8.2 North America IT & Telecommunications Market by Country
  • 8.3 North America Healthcare & Life Sciences Market by Country
  • 8.4 North America Retail & E-commerce Market by Country
  • 8.5 North America Manufacturing Market by Country
  • 8.6 North America Government & Public Sector Market by Country
  • 8.7 North America Transportation & Logistics Market by Country
  • 8.8 North America Other Industry Vertical Market by Country

Chapter 9. North America Outsourcing Services Market by Deployment Type

  • 9.1 North America Onshore Outsourcing Market by Country
  • 9.2 North America Offshore Outsourcing Market by Country
  • 9.3 North America Nearshore Outsourcing Market by Country
  • 9.4 North America Other Deployment Type Market by Country

Chapter 10. North America Outsourcing Services Market by Country

  • 10.1 US Outsourcing Services Market
    • 10.1.1 US Outsourcing Services Market by Type
    • 10.1.2 US Outsourcing Services Market by Industry Vertical
    • 10.1.3 US Outsourcing Services Market by Deployment Type
  • 10.2 Canada Outsourcing Services Market
    • 10.2.1 Canada Outsourcing Services Market by Type
    • 10.2.2 Canada Outsourcing Services Market by Industry Vertical
    • 10.2.3 Canada Outsourcing Services Market by Deployment Type
  • 10.3 Mexico Outsourcing Services Market
    • 10.3.1 Mexico Outsourcing Services Market by Type
    • 10.3.2 Mexico Outsourcing Services Market by Industry Vertical
    • 10.3.3 Mexico Outsourcing Services Market by Deployment Type
  • 10.4 Rest of North America Outsourcing Services Market
    • 10.4.1 Rest of North America Outsourcing Services Market by Type
    • 10.4.2 Rest of North America Outsourcing Services Market by Industry Vertical
    • 10.4.3 Rest of North America Outsourcing Services Market by Deployment Type

Chapter 11. Company Profiles

  • 11.1 Accenture PLC
    • 11.1.1 Company Overview
    • 11.1.2 Financial Analysis
    • 11.1.3 Segmental Analysis
    • 11.1.4 Recent strategies and developments:
      • 11.1.4.1 Partnerships, Collaborations, and Agreements:
      • 11.1.4.2 Product Launches and Product Expansions:
      • 11.1.4.3 Acquisition and Mergers:
    • 11.1.5 SWOT Analysis
  • 11.2 Capgemini SE
    • 11.2.1 Company Overview
    • 11.2.2 Financial Analysis
    • 11.2.3 Regional Analysis
    • 11.2.4 Recent strategies and developments:
      • 11.2.4.1 Partnerships, Collaborations, and Agreements:
    • 11.2.5 SWOT Analysis
  • 11.3 Infosys Limited
    • 11.3.1 Company Overview
    • 11.3.2 Financial Analysis
    • 11.3.3 Segmental and Regional Analysis
    • 11.3.4 Research & Development Expense
    • 11.3.5 Recent strategies and developments:
      • 11.3.5.1 Partnerships, Collaborations, and Agreements:
      • 11.3.5.2 Product Launches and Product Expansions:
      • 11.3.5.3 Acquisition and Mergers:
    • 11.3.6 SWOT Analysis
  • 11.4 Cognizant Technology Solutions Corporation
    • 11.4.1 Company overview
    • 11.4.2 Financial Analysis
    • 11.4.3 Segmental and Regional Analysis
    • 11.4.4 Recent strategies and developments:
      • 11.4.4.1 Partnerships, Collaborations, and Agreements:
    • 11.4.5 SWOT Analysis
  • 11.5 Tata Consultancy Services Ltd.
    • 11.5.1 Company Overview
    • 11.5.2 Financial Analysis
    • 11.5.3 Segmental and Regional Analysis
    • 11.5.4 Research & Development Expenses
    • 11.5.5 Recent strategies and developments:
      • 11.5.5.1 Partnerships, Collaborations, and Agreements:
    • 11.5.6 SWOT Analysis
  • 11.6 Wipro Limited
    • 11.6.1 Company Overview
    • 11.6.2 Financial Analysis
    • 11.6.3 Segmental and Regional Analysis
    • 11.6.4 Research & Development Expenses
    • 11.6.5 Recent strategies and developments:
      • 11.6.5.1 Partnerships, Collaborations, and Agreements:
      • 11.6.5.2 Acquisition and Mergers:
    • 11.6.6 SWOT Analysis
  • 11.7 HCL Technologies Ltd. (HCL Enterprises)
    • 11.7.1 Company Overview
    • 11.7.2 Financial Analysis
    • 11.7.3 Segmental and Regional Analysis
    • 11.7.4 Research & Development Expenses
    • 11.7.5 Recent strategies and developments:
      • 11.7.5.1 Partnerships, Collaborations, and Agreements:
    • 11.7.6 SWOT Analysis
  • 11.8 IBM Corporation
    • 11.8.1 Company Overview
    • 11.8.2 Financial Analysis
    • 11.8.3 Regional & Segmental Analysis
    • 11.8.4 Research & Development Expenses
    • 11.8.5 SWOT Analysis
  • 11.9 Teleperformance SE
    • 11.9.1 Company Overview
    • 11.9.2 Financial Analysis
    • 11.9.3 Segmental Analysis
    • 11.9.4 Recent strategies and developments:
      • 11.9.4.1 Partnerships, Collaborations, and Agreements:
      • 11.9.4.2 Product Launches and Product Expansions:
      • 11.9.4.3 Acquisition and Mergers:
    • 11.9.5 SWOT Analysis
  • 11.10. Concentrix Corporation
    • 11.10.1 Company Overview
    • 11.10.2 Financial Analysis
    • 11.10.3 Regional Analysis
    • 11.10.4 Recent strategies and developments:
      • 11.10.4.1 Product Launches and Product Expansions:
      • 11.10.4.2 Acquisition and Mergers:

LIST OF TABLES

  • TABLE 1 North America Outsourcing Services Market, 2021 - 2024, USD Million
  • TABLE 2 North America Outsourcing Services Market, 2025 - 2032, USD Million
  • TABLE 3 Partnerships, Collaborations and Agreements- Outsourcing Services Market
  • TABLE 4 Product Launches And Product Expansions- Outsourcing Services Market
  • TABLE 5 Acquisition and Mergers- Outsourcing Services Market
  • TABLE 6 Key Costumer Criteria of Outsourcing Services Market
  • TABLE 7 North America Outsourcing Services Market by Type, 2021 - 2024, USD Million
  • TABLE 8 North America Outsourcing Services Market by Type, 2025 - 2032, USD Million
  • TABLE 9 North America IT Outsourcing Market by Country, 2021 - 2024, USD Million
  • TABLE 10 North America IT Outsourcing Market by Country, 2025 - 2032, USD Million
  • TABLE 11 North America Business Process Outsourcing Market by Country, 2021 - 2024, USD Million
  • TABLE 12 North America Business Process Outsourcing Market by Country, 2025 - 2032, USD Million
  • TABLE 13 North America Knowledge Process Outsourcing Market by Country, 2021 - 2024, USD Million
  • TABLE 14 North America Knowledge Process Outsourcing Market by Country, 2025 - 2032, USD Million
  • TABLE 15 North America Engineering Services Outsourcing Market by Country, 2021 - 2024, USD Million
  • TABLE 16 North America Engineering Services Outsourcing Market by Country, 2025 - 2032, USD Million
  • TABLE 17 North America Other Type Market by Country, 2021 - 2024, USD Million
  • TABLE 18 North America Other Type Market by Country, 2025 - 2032, USD Million
  • TABLE 19 Use Case: 1 - Accelerating Digital Transformation and Optimizing Technology Infrastructure
  • TABLE 20 Use Case: 2 - Streamlining Non-Core Business Operations for Enhanced Efficiency and Cost Savings
  • TABLE 21 Use Case: 3 - Accessing Specialized Analytical and Intellectual Expertise for Strategic Business Insights
  • TABLE 22 Use Case: 4 - Accelerating Product Development and Innovation Through Specialized Engineering Expertise
  • TABLE 23 Use Case: 5 - Augmenting Specialized, Non-Core Functions for Enhanced Market Reach and Operational Support
  • TABLE 24 North America Outsourcing Services Market by Industry Vertical, 2021 - 2024, USD Million
  • TABLE 25 North America Outsourcing Services Market by Industry Vertical, 2025 - 2032, USD Million
  • TABLE 26 North America BFSI (Banking, Financial Services & Insurance) Market by Country, 2021 - 2024, USD Million
  • TABLE 27 North America BFSI (Banking, Financial Services & Insurance) Market by Country, 2025 - 2032, USD Million
  • TABLE 28 North America IT & Telecommunications Market by Country, 2021 - 2024, USD Million
  • TABLE 29 North America IT & Telecommunications Market by Country, 2025 - 2032, USD Million
  • TABLE 30 North America Healthcare & Life Sciences Market by Country, 2021 - 2024, USD Million
  • TABLE 31 North America Healthcare & Life Sciences Market by Country, 2025 - 2032, USD Million
  • TABLE 32 North America Retail & E-commerce Market by Country, 2021 - 2024, USD Million
  • TABLE 33 North America Retail & E-commerce Market by Country, 2025 - 2032, USD Million
  • TABLE 34 North America Manufacturing Market by Country, 2021 - 2024, USD Million
  • TABLE 35 North America Manufacturing Market by Country, 2025 - 2032, USD Million
  • TABLE 36 North America Government & Public Sector Market by Country, 2021 - 2024, USD Million
  • TABLE 37 North America Government & Public Sector Market by Country, 2025 - 2032, USD Million
  • TABLE 38 North America Transportation & Logistics Market by Country, 2021 - 2024, USD Million
  • TABLE 39 North America Transportation & Logistics Market by Country, 2025 - 2032, USD Million
  • TABLE 40 North America Other Industry Vertical Market by Country, 2021 - 2024, USD Million
  • TABLE 41 North America Other Industry Vertical Market by Country, 2025 - 2032, USD Million
  • TABLE 42 North America Outsourcing Services Market by Deployment Type, 2021 - 2024, USD Million
  • TABLE 43 North America Outsourcing Services Market by Deployment Type, 2025 - 2032, USD Million
  • TABLE 44 North America Onshore Outsourcing Market by Country, 2021 - 2024, USD Million
  • TABLE 45 North America Onshore Outsourcing Market by Country, 2025 - 2032, USD Million
  • TABLE 46 North America Offshore Outsourcing Market by Country, 2021 - 2024, USD Million
  • TABLE 47 North America Offshore Outsourcing Market by Country, 2025 - 2032, USD Million
  • TABLE 48 North America Nearshore Outsourcing Market by Country, 2021 - 2024, USD Million
  • TABLE 49 North America Nearshore Outsourcing Market by Country, 2025 - 2032, USD Million
  • TABLE 50 North America Other Deployment Type Market by Country, 2021 - 2024, USD Million
  • TABLE 51 North America Other Deployment Type Market by Country, 2025 - 2032, USD Million
  • TABLE 52 Use Case: 1 - Maintaining Close Collaboration and Cultural Alignment for Critical Business Functions
  • TABLE 53 Use Case: 2 - Achieving Significant Cost Savings and Accessing a Global Talent Pool for Scalable Operations
  • TABLE 54 Use Case: 3 - Balancing Cost-Effectiveness with Close Collaboration and Cultural Affinity
  • TABLE 55 Use Case: 4 - Optimizing Global Service Delivery Through Flexible and Diversified Sourcing Strategies
  • TABLE 56 North America Outsourcing Services Market by Country, 2021 - 2024, USD Million
  • TABLE 57 North America Outsourcing Services Market by Country, 2025 - 2032, USD Million
  • TABLE 58 US Outsourcing Services Market, 2021 - 2024, USD Million
  • TABLE 59 US Outsourcing Services Market, 2025 - 2032, USD Million
  • TABLE 60 US Outsourcing Services Market by Type, 2021 - 2024, USD Million
  • TABLE 61 US Outsourcing Services Market by Type, 2025 - 2032, USD Million
  • TABLE 62 US Outsourcing Services Market by Industry Vertical, 2021 - 2024, USD Million
  • TABLE 63 US Outsourcing Services Market by Industry Vertical, 2025 - 2032, USD Million
  • TABLE 64 US Outsourcing Services Market by Deployment Type, 2021 - 2024, USD Million
  • TABLE 65 US Outsourcing Services Market by Deployment Type, 2025 - 2032, USD Million
  • TABLE 66 Canada Outsourcing Services Market, 2021 - 2024, USD Million
  • TABLE 67 Canada Outsourcing Services Market, 2025 - 2032, USD Million
  • TABLE 68 Canada Outsourcing Services Market by Type, 2021 - 2024, USD Million
  • TABLE 69 Canada Outsourcing Services Market by Type, 2025 - 2032, USD Million
  • TABLE 70 Canada Outsourcing Services Market by Industry Vertical, 2021 - 2024, USD Million
  • TABLE 71 Canada Outsourcing Services Market by Industry Vertical, 2025 - 2032, USD Million
  • TABLE 72 Canada Outsourcing Services Market by Deployment Type, 2021 - 2024, USD Million
  • TABLE 73 Canada Outsourcing Services Market by Deployment Type, 2025 - 2032, USD Million
  • TABLE 74 Mexico Outsourcing Services Market, 2021 - 2024, USD Million
  • TABLE 75 Mexico Outsourcing Services Market, 2025 - 2032, USD Million
  • TABLE 76 Mexico Outsourcing Services Market by Type, 2021 - 2024, USD Million
  • TABLE 77 Mexico Outsourcing Services Market by Type, 2025 - 2032, USD Million
  • TABLE 78 Mexico Outsourcing Services Market by Industry Vertical, 2021 - 2024, USD Million
  • TABLE 79 Mexico Outsourcing Services Market by Industry Vertical, 2025 - 2032, USD Million
  • TABLE 80 Mexico Outsourcing Services Market by Deployment Type, 2021 - 2024, USD Million
  • TABLE 81 Mexico Outsourcing Services Market by Deployment Type, 2025 - 2032, USD Million
  • TABLE 82 Rest of North America Outsourcing Services Market, 2021 - 2024, USD Million
  • TABLE 83 Rest of North America Outsourcing Services Market, 2025 - 2032, USD Million
  • TABLE 84 Rest of North America Outsourcing Services Market by Type, 2021 - 2024, USD Million
  • TABLE 85 Rest of North America Outsourcing Services Market by Type, 2025 - 2032, USD Million
  • TABLE 86 Rest of North America Outsourcing Services Market by Industry Vertical, 2021 - 2024, USD Million
  • TABLE 87 Rest of North America Outsourcing Services Market by Industry Vertical, 2025 - 2032, USD Million
  • TABLE 88 Rest of North America Outsourcing Services Market by Deployment Type, 2021 - 2024, USD Million
  • TABLE 89 Rest of North America Outsourcing Services Market by Deployment Type, 2025 - 2032, USD Million
  • TABLE 90 Key Information - Accenture PLC
  • TABLE 91 Key Information - Capgemini SE
  • TABLE 92 Key Information - Infosys Limited
  • TABLE 93 Key Information - Cognizant Technology Solutions Corporation
  • TABLE 94 Key Information - Tata Consultancy Services Ltd.
  • TABLE 95 Key Information - Wipro Limited
  • TABLE 96 Key Information - HCL Technologies Ltd.
  • TABLE 97 Key Information - IBM Corporation
  • TABLE 98 Key Information - Teleperformance SE
  • TABLE 99 Key Information - Concentrix Corporation

LIST OF FIGURES

  • FIG 1 Methodology for the research
  • FIG 2 North America Outsourcing Services Market, 2021 - 2032, USD Million
  • FIG 3 Key Factors Impacting Outsourcing Services Market
  • FIG 4 KBV Cardinal Matrix
  • FIG 5 Market Share Analysis, 2024
  • FIG 6 Key Leading Strategies: Percentage Distribution (2021-2025)
  • FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2023, mar - 2025, may) Leading Players
  • FIG 8 Porter's Five Forces Analysis - Outsourcing Services Market
  • FIG 9 Value Chain Analysis of Outsourcing Services Market
  • FIG 10 Key Costumer Criteria of Outsourcing Services Market
  • FIG 11 North America Outsourcing Services Market share by Type, 2024
  • FIG 12 North America Outsourcing Services Market share by Type, 2032
  • FIG 13 North America Outsourcing Services Market by Type, 2021 - 2032, USD Million
  • FIG 14 North America Outsourcing Services Market share by Industry Vertical, 2024
  • FIG 15 North America Outsourcing Services Market share by Industry Vertical, 2032
  • FIG 16 North America Outsourcing Services Market by Industry Vertical, 2021 - 2032, USD Million
  • FIG 17 North America Outsourcing Services Market share by Deployment Type, 2024
  • FIG 18 North America Outsourcing Services Market share by Deployment Type, 2032
  • FIG 19 North America Outsourcing Services Market by Deployment Type, 2021 - 2032, USD Million
  • FIG 20 North America Outsourcing Services Market share by Country, 2024
  • FIG 21 North America Outsourcing Services Market share by Country, 2032
  • FIG 22 North America Outsourcing Services Market by Country, 2021 - 2032, USD Million
  • FIG 23 Recent strategies and developments: Accenture PLC
  • FIG 24 SWOT Analysis: Accenture PLC
  • FIG 25 SWOT Analysis: Capgemini SE
  • FIG 26 Recent strategies and developments: Infosys Limited
  • FIG 27 SWOT Analysis: Infosys Limited
  • FIG 28 Swot analysis: cognizant technology solutions corporation
  • FIG 29 SWOT Analysis: Tata Consultancy Services Ltd.
  • FIG 30 Recent strategies and developments: Wipro Limited
  • FIG 31 SWOT Analysis: Wipro Limited
  • FIG 32 SWOT Analysis: HCL Technologies Ltd.
  • FIG 33 SWOT Analysis: IBM Corporation
  • FIG 34 Recent strategies and developments: Teleperformance SE
  • FIG 35 SWOT Analysis: Teleperformance SE
  • FIG 36 Recent strategies and developments: Concentrix Corporation
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