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Business Process Outsourcing Market to grow by USD 40.16 Billion during 2021-2025, Accenture Plc and Automatic Data Processing Inc. emerge as Key Contributors to growth


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NEW YORK, May 26, 2021 /PRNewswire/  Technavio has been monitoring the business process outsourcing market and it is poised to grow by USD 40.16 billion during 2021-2025, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
 
Technavio has announced its latest market research report titled Business Process Outsourcing Market by End-user and Geography - Forecast and Analysis 2021-2025
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have at par impact on the business process outsourcing market.  ....

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$ 16.01 Billion growth expected in Legal Process Outsourcing Market | 30.51% YOY growth in 2020 amid COVID-19 Spread | North America to Notice Maximum Growth


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NEW YORK, May 4, 2021 /PRNewswire/
The global legal process outsourcing market by service (contract management, E-discovery services, litigation support, legal research, and others) and geography (North America, Europe, APAC, South America, and MEA) has been added to Technavio s offering. The global legal process outsourcing market is expected to grow by USD 16.01 billion, at a CAGR of over 32% during 2020-2024.
Technavio has announced its latest market research report titled Legal Process Outsourcing Services Market by Service and Geography - Forecast and Analysis 2020-2024
The imposition of lockdowns owing to the outbreak of the COVID-19 pandemic has globally impacted several IT start-up companies in the market. However, the market has witnessed a surge in the demand for LPO services that provide low-cost business strategic reform laws and effective services despite the ongoing pandemic. This is expected to contribute to the growth of the ma ....

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Featuring Top 5 Vendors in the Global Business Process Outsourcing Market Report | Competitive Landscape and Key Product Offerings


Featuring Top 5 Vendors in the Global Business Process Outsourcing Market Report | Competitive Landscape and Key Product Offerings | Technavio
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NEW YORK, Feb. 26, 2021 /PRNewswire/ The global business process outsourcing market has the potential to grow by USD 76.9 billion during 2020-2024, according to the latest market research report by Technavio.
Business Process Outsourcing Market by End-user and Geography - Forecast and Analysis 2020-2024
Rising focus on reducing operational costs will be crucial in driving the growth of the global business process outsourcing market during the forecast period. Operations involving manufacturing goods and services, maintenance, and administration regularly incurs significant costs for companies. Hence, many organizations prefer to outsource their business processes and operations to reduce operational costs and improve their focus on core businesses. This has in ....

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