LONDON--(BUSINESS WIRE)--According to the latest procurement intelligence report from Technavio, the market for global business process outsourcing services is expected to grow at a CAGR of 6.9% over ...

With a few major corporations leading the way, outsourcing of key business processes is becoming increasingly popular. Creative,client-focused solutions are helping drive the market growth.

Global outsourcing commands a market value of more than $92.5 billion. In 2023, roughly 66% of all U.S. businesses outsourced the work of at least one department. Outsourcing is as much a part of ...

In 2024, global outsourcing contracts reached $41.6 billion, with IT making up 75%. Outsourcing advantages include cost savings, efficiency gains, and access to expertise. Nike exemplifies outsourcing ...