(MENAFN- GlobeNewsWire - Nasdaq) The Business Process Outsourcing (BPO) Market is expanding steadily as organizations embrace outsourcing for IT, customer support, and financial operations to enhance efficiency, streamline workflows, and leverage digital transformation initiatives.

Austin, Oct. 16, 2025 (GLOBE NEWSWIRE) -- The Business Process Outsourcing (BPO) M arket

Rising adoption of digital processes, automation, and outsourcing is driving strong business process outsourcing (BPO) market expansion through 2033.

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The U.S. Business Process Outsourcing (BPO) market was valued at USD 96.43 billion in 2025E, projected to reach USD 204.03 billion by 2033 at a CAGR of 9.84%.

Large businesses are leading the market's expansion because to the high demand for outsourcing in the areas of IT, finance, HR, and customer support as well as automation and cloud adoption.

Key Players:

• Accenture
• Teleperformance
• Concentrix
• Alorica
• Foundever
• TaskUs
• TTEC
• WNS Global Services
• Genpact
• HGS (Hinduja Global Solutions)
• Sitel Group
• Sutherland
• Tech Mahindra
• TELUS International
• Transcom
• Conduent
• Konecta
• IBM
• Wipro
• Infosys

Business Process Outsourcing (BPO) Market Report Scope:

Report Attributes	Details
Market Size in 2025	USD 340.11 Billion
Market Size by 2033	USD 732.86 Billion
CAGR	CAGR of 10.09% From 2026 to 2033
Base Year	2025
Forecast Period	2026-2033
Historical Data	2022-2024
Report Scope & Coverage	Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments	. By Service Type (Customer Support, IT & Software Services, Finance & Accounting, Human Resources, Knowledge Process Outsourcing, Others) . By Industry Vertical (Banking & Financial Services, Healthcare & Life Sciences, Manufacturing, Retail & Consumer Goods, Technology & IT, Telecom, Energy & Utilities, Others) . By Delivery Mode (Onshore, Offshore, Nearshore) . By Organization Size (Large Enterprises, SMEs)
Customization Scope	Available upon request
Pricing	Available upon request

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Segmentation Analysis:

Service Type

Customer Support Outsourcing, which held the largest share of 28.37% in 2025, is primarily driven by the growing emphasis on improving customer experience, 24/7 service availability, and cost optimization through multilingual and AI-enabled support centers. Knowledge Process Outsourcing (KPO) is expected to grow at the fastest CAGR of 10.53%, supported by increasing demand for specialized analytical, financial, and research services.

Industry Vertical

Banking & Financial Services, holding the largest share of 32.45% in 2025, benefits from the rise in digital banking, regulatory compliance requirements, and outsourcing of core functions such as risk analysis, loan processing, and customer onboarding. Healthcare & Life Sciences is projected to grow at the fastest CAGR of 11.07%, fueled by expanding telehealth services, growing medical data volumes, and increasing adoption of outsourced medical billing, claims processing, and clinical data management solutions.

Delivery Mode

Offshore outsourcing, dominating with a 70.42% market share in 2025, remains preferred due to lower labor costs, skilled workforce availability, and well-established outsourcing hubs across Asia-Pacific and Eastern Europe. Nearshore outsourcing is expected to grow at the fastest CAGR of 10.27%, is gaining popularity due to improved time-zone compatibility, cultural proximity, and faster collaboration.

Organization Size

Large Enterprises, capturing 63.29% of the market share in 2025, continue to dominate due to their complex global operations and higher outsourcing budgets. Small and Medium-sized Enterprises (SMEs) are projected to grow at the fastest CAGR of 10.48%, supported by increasing cost-efficiency needs, cloud-based outsourcing models, and flexibility in scaling business functions. Virtual workforce platforms have made outsourcing more accessible and affordable for SMEs.

Regional Insights:

North America accounted for 36.47% of the global BPO market in 2025, with over 13,300 projects executed across customer support, IT & software services, finance & accounting, and HR outsourcing.

The Asia Pacific BPO market accounted for 10.92% of the global market in 2025, with over 3,900 outsourcing projects executed across India, China, Japan, and Australia.

Recent Developments:

• In May 2025, Accenture opened its first regional office in Ballarat, Australia, aiming to meet the growing demand for sovereign technology services and onshore support.
• In February 2025, Teleperformance implemented AI technology developed by Sanas to neutralize the accents of Indian customer service agents, aiming to improve clarity and customer interactions.

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Exclusive Sections of the Report (The USPs) – Check Section 5

• ADOPTION RATE BY ORGANIZATION SIZE – helps you evaluate the BPO service penetration between large enterprises and SMEs, highlighting comparative growth trends and adoption dynamics that influence outsourcing demand across business scales.
• SERVICE TYPE DISTRIBUTION INSIGHTS – enables you to understand which BPO services, such as Customer Support, IT & Software, Finance & Accounting, HR, and KPO, are driving market growth, helping you identify the most in-demand and emerging outsourcing functions.
• INDUSTRY VERTICAL CONTRIBUTION MATRIX – provides a comprehensive overview of outsourcing intensity across key verticals including Banking & Financial Services, Healthcare & Life Sciences, Manufacturing, Retail, Technology, Telecom, and Energy, helping pinpoint high-growth industry clusters.
• DELIVERY MODE ANALYSIS – helps you assess the distribution of BPO operations across Onshore, Offshore, and Nearshore delivery models, allowing deeper understanding of cost efficiencies, talent sourcing, and geographic preferences shaping the global BPO landscape.
• TECHNOLOGICAL ADOPTION RATE – offers insights into digital transformation within the BPO ecosystem, focusing on AI-driven automation, cloud integration, and analytics-based service optimization to identify innovation opportunities and operational enhancements.
• COMPETITIVE LANDSCAPE – enables you to benchmark key players based on their service portfolios, delivery capabilities, market reach, and recent strategic developments, helping assess competitive intensity and partnership potential in the BPO market.

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