Global Customer Care BPO Market to reach USD xx Billion by 2027.Global Customer Care BPO Market is valued approximately at USD xx Billion in 2020 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2021-2027. Customer Care BPO provides the efficient management to the outsourcing business process with the requirement of a client organization. The global Customer Care BPO market is being driven by growing market value of BPO globally. For instance, according to the Statista, the market value of BPO increased from USD 23.6 Billion in 2018 to USD 26 Billion in 2019. The other driving factor for the market growth is the increase in the requirement for 24*7 services to improve organizational efficiency. Furthermore, the growing investment by the industries which require BPO services, improvement of IT infrastructure and increase in the services such as accounts, human resource, marketing and others will provide new opportunities for the global Customer Care BPO industry. However, threat of new companies entering the market and rising data security concerns including internal security lapses may impede market growth over the forecast period of 2021-2027.
Among the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of the global Customer Care BPO Market. North America is the leading region across the world in terms of market share due to presence of large establishes companies which require services of Customer Care BPO and increasing business agility in every organization. Asia Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to growing businesses, easy availability of affordable skilled human resource and developing IT infrastructure in the region.
Major market player included in this report are:
Teleperformance SA
Concentrix
Atento
Star Trek Inc.
Arvato
TeleTech Holdings
Serco
Acticall (Sitel)
West Corporation
Webhelp
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Solution:
Onshore Outsourcing
Offshore Outsourcing
By Application:
Telecom & IT
BFSI
Healthcare & Life Sciences
Government & Public
Retail & Consumer Goods
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Customer Care BPO Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors