Business Process Outsourcing Market size was over USD 304.06 billion in 2024 and is projected to reach USD 977.65 billion by 2037, witnessing around 9.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of business process outsourcing is assessed at USD 326.93 billion.
This growth in the market revenue is poised to be dominated by the growing adoption of AI in several nations. For instance, according to the UK government, over 15% of organizations in the UK will adopt AI technology by 2022 which equates to 432,000 companies. AI in BPO allows effective and precise data collection and analysis. Also, AI-powered technologies may gather, organize, and analyze enormous quantities of data. They give helpful insights for corporate projections, decision-making, and procedure improvement by identifying patterns and trends.
Author Credits: Abhishek Verma
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