Business process outsourcing, being one of the lucrative markets from both supply- and demand-side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Major Highlights in Business Process Outsourcing Market
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
Our research team has conducted various niche market studies on both the country and regional levels. One of the clients operating in the service-based market approached our team for doing a market study on the on-demand service market, with a focus on Mexico.
The research was initiated with a study of various small and medium players operating within Mexico's market. Primary research for the market was challenging; however, our healthy relations with multiple industry experts are a testimony to our market estimations and analysis.
Key Pointers and Quantitative Analysis
The final data presented were used by the client for identifying and investing in the right business area.
The report helped the client understand the market trends, including country-level business scenarios, the emergence of various startups and their strategies, growth drivers, competitive intensity, and detailed market estimations and forecast till 2028.