PUBLISHER: Value Market Research | PRODUCT CODE: 1352900
PUBLISHER: Value Market Research | PRODUCT CODE: 1352900
The global demand for Technical Support Outsourcing Market is presumed to reach the market size of nearly USD 76.42 MN by 2030 from USD 45.76 MN in 2022 with a CAGR of 7.6% under the study period 2023 - 2030.
Technical support outsourcing is a business practice that includes hiring a third-party individual or organization to provide technical support services. Technical support outsourcing refers to sub-contracting technical support services offered outside an organization for specific information technology (IT) functions. Technical support outsourcing services are often called virtual help desks, where customers can ask questions and receive help and support while troubleshooting a product or service.
The significant growth of small-to-medium enterprises (SMEs) worldwide is driving the global market. Moreover, the increasing need for cost-effective solutions to improve efficiency is notably driving the technical support outsourcing market growth. Also, the growing adoption of advanced IT infrastructure and rising demand for outsourced IT solutions are anticipated to drive the market growth. Furthermore, the rise in the need for digital payment systems, electronic billing, and electronic health data records maintenance is fueling demand prospects in the technical support outsourcing market. In addition, the emergence of chatbots is one of the key technical support outsourcing market trends fueling the market growth. However, the possibility of stolen customer databases may hamper market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of technical support outsourcing. The growth and trends of technical support outsourcing industry provide a holistic approach to this study.
This section of the technical support outsourcing market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Technical Support Outsourcing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the technical support outsourcing market include Accenture PLC., Aegis Limited, Collabera Inc., Computer Generated Solutions Inc., Essentiel Outsourcing, Flatworld Solutions Pvt. Ltd., Genpact, HCL Technologies, IBM Corporation, Infosys Limited, Invensis Technologies Pvt. Ltd, Qcom Outsourcing Ltd, StarTek Inc., Suma Soft, Support.com Inc., Tata Consultancy Services Limited, Wipro Limited, Worldwide Call Centers Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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