Outsourcing is the contracting out of the management and enhancement of business function to an external partner that can involve the transfer of people, processes, assets, and definitely responsibilities.
LPI (LP Information)' newest research report, the “Outsourcing Industry Forecast” looks at past sales and reviews total world Outsourcing sales in 2022, providing a comprehensive analysis by region and market sector of projected Outsourcing sales for 2023 through 2029. With Outsourcing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Outsourcing industry.
This Insight Report provides a comprehensive analysis of the global Outsourcing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Outsourcing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Outsourcing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Outsourcing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Outsourcing.
The global Outsourcing market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Outsourcing is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Outsourcing is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Outsourcing is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Outsourcing players cover Accenture, Triniter, IBM, Cognizant, Concentrix, Wipro Technologies, Genpact, ADP and EXL Service, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Outsourcing market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Business Process Outsourcing
Infrastructure & Operations Services
Application Management Services
Segmentation by application
SMEs
Large Enterprises
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Accenture
Triniter
IBM
Cognizant
Concentrix
Wipro Technologies
Genpact
ADP
EXL Service
Invensis
SunTec India
Intetics
Unity Communications
Helpware
Plaxonic Technologies
Octopus Tech
HCL Technologies
TCS
Sciencesoft
Infosys Technologies
Capgemini
ISS
CSC—Computer Sciences Corporation
Sodexo
Colliers International
ACS—Affiliated Computer Services

1 Scope of the Report 1.1 Market Introduction 1.2 Years Considered 1.3 Research Objectives 1.4 Market Research Methodology 1.5 Research Process and Data Source 1.6 Economic Indicators 1.7 Currency Considered 1.8 Market Estimation Caveats 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Outsourcing Market Size 2018-2029 2.1.2 Outsourcing Market Size CAGR by Region 2018 VS 2022 VS 2029 2.2 Outsourcing Segment by Type 2.2.1 Business Process Outsourcing 2.2.2 Infrastructure & Operations Services 2.2.3 Application Management Services 2.3 Outsourcing Market Size by Type 2.3.1 Outsourcing Market Size CAGR by Type (2018 VS 2022 VS 2029) 2.3.2 Global Outsourcing Market Size Market Share by Type (2018-2023) 2.4 Outsourcing Segment by Application 2.4.1 SMEs 2.4.2 Large Enterprises 2.5 Outsourcing Market Size by Application 2.5.1 Outsourcing Market Size CAGR by Application (2018 VS 2022 VS 2029) 2.5.2 Global Outsourcing Market Size Market Share by Application (2018-2023) 3 Outsourcing Market Size by Player 3.1 Outsourcing Market Size Market Share by Players 3.1.1 Global Outsourcing Revenue by Players (2018-2023) 3.1.2 Global Outsourcing Revenue Market Share by Players (2018-2023) 3.2 Global Outsourcing Key Players Head office and Products Offered 3.3 Market Concentration Rate Analysis 3.3.1 Competition Landscape Analysis 3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023) 3.4 New Products and Potential Entrants 3.5 Mergers & Acquisitions, Expansion 4 Outsourcing by Regions 4.1 Outsourcing Market Size by Regions (2018-2023) 4.2 Americas Outsourcing Market Size Growth (2018-2023) 4.3 APAC Outsourcing Market Size Growth (2018-2023) 4.4 Europe Outsourcing Market Size Growth (2018-2023) 4.5 Middle East & Africa Outsourcing Market Size Growth (2018-2023) 5 Americas 5.1 Americas Outsourcing Market Size by Country (2018-2023) 5.2 Americas Outsourcing Market Size by Type (2018-2023) 5.3 Americas Outsourcing Market Size by Application (2018-2023) 5.4 United States 5.5 Canada 5.6 Mexico 5.7 Brazil 6 APAC 6.1 APAC Outsourcing Market Size by Region (2018-2023) 6.2 APAC Outsourcing Market Size by Type (2018-2023) 6.3 APAC Outsourcing Market Size by Application (2018-2023) 6.4 China 6.5 Japan 6.6 Korea 6.7 Southeast Asia 6.8 India 6.9 Australia 7 Europe 7.1 Europe Outsourcing by Country (2018-2023) 7.2 Europe Outsourcing Market Size by Type (2018-2023) 7.3 Europe Outsourcing Market Size by Application (2018-2023) 7.4 Germany 7.5 France 7.6 UK 7.7 Italy 7.8 Russia 8 Middle East & Africa 8.1 Middle East & Africa Outsourcing by Region (2018-2023) 8.2 Middle East & Africa Outsourcing Market Size by Type (2018-2023) 8.3 Middle East & Africa Outsourcing Market Size by Application (2018-2023) 8.4 Egypt 8.5 South Africa 8.6 Israel 8.7 Turkey 8.8 GCC Countries 9 Market Drivers, Challenges and Trends 9.1 Market Drivers & Growth Opportunities 9.2 Market Challenges & Risks 9.3 Industry Trends 10 Global Outsourcing Market Forecast 10.1 Global Outsourcing Forecast by Regions (2024-2029) 10.1.1 Global Outsourcing Forecast by Regions (2024-2029) 10.1.2 Americas Outsourcing Forecast 10.1.3 APAC Outsourcing Forecast 10.1.4 Europe Outsourcing Forecast 10.1.5 Middle East & Africa Outsourcing Forecast 10.2 Americas Outsourcing Forecast by Country (2024-2029) 10.2.1 United States Outsourcing Market Forecast 10.2.2 Canada Outsourcing Market Forecast 10.2.3 Mexico Outsourcing Market Forecast 10.2.4 Brazil Outsourcing Market Forecast 10.3 APAC Outsourcing Forecast by Region (2024-2029) 10.3.1 China Outsourcing Market Forecast 10.3.2 Japan Outsourcing Market Forecast 10.3.3 Korea Outsourcing Market Forecast 10.3.4 Southeast Asia Outsourcing Market Forecast 10.3.5 India Outsourcing Market Forecast 10.3.6 Australia Outsourcing Market Forecast 10.4 Europe Outsourcing Forecast by Country (2024-2029) 10.4.1 Germany Outsourcing Market Forecast 10.4.2 France Outsourcing Market Forecast 10.4.3 UK Outsourcing Market Forecast 10.4.4 Italy Outsourcing Market Forecast 10.4.5 Russia Outsourcing Market Forecast 10.5 Middle East & Africa Outsourcing Forecast by Region (2024-2029) 10.5.1 Egypt Outsourcing Market Forecast 10.5.2 South Africa Outsourcing Market Forecast 10.5.3 Israel Outsourcing Market Forecast 10.5.4 Turkey Outsourcing Market Forecast 10.5.5 GCC Countries Outsourcing Market Forecast 10.6 Global Outsourcing Forecast by Type (2024-2029) 10.7 Global Outsourcing Forecast by Application (2024-2029) 11 Key Players Analysis 11.1 Accenture 11.1.1 Accenture Company Information 11.1.2 Accenture Outsourcing Product Offered 11.1.3 Accenture Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.1.4 Accenture Main Business Overview 11.1.5 Accenture Latest Developments 11.2 Triniter 11.2.1 Triniter Company Information 11.2.2 Triniter Outsourcing Product Offered 11.2.3 Triniter Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.2.4 Triniter Main Business Overview 11.2.5 Triniter Latest Developments 11.3 IBM 11.3.1 IBM Company Information 11.3.2 IBM Outsourcing Product Offered 11.3.3 IBM Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.3.4 IBM Main Business Overview 11.3.5 IBM Latest Developments 11.4 Cognizant 11.4.1 Cognizant Company Information 11.4.2 Cognizant Outsourcing Product Offered 11.4.3 Cognizant Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.4.4 Cognizant Main Business Overview 11.4.5 Cognizant Latest Developments 11.5 Concentrix 11.5.1 Concentrix Company Information 11.5.2 Concentrix Outsourcing Product Offered 11.5.3 Concentrix Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.5.4 Concentrix Main Business Overview 11.5.5 Concentrix Latest Developments 11.6 Wipro Technologies 11.6.1 Wipro Technologies Company Information 11.6.2 Wipro Technologies Outsourcing Product Offered 11.6.3 Wipro Technologies Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.6.4 Wipro Technologies Main Business Overview 11.6.5 Wipro Technologies Latest Developments 11.7 Genpact 11.7.1 Genpact Company Information 11.7.2 Genpact Outsourcing Product Offered 11.7.3 Genpact Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.7.4 Genpact Main Business Overview 11.7.5 Genpact Latest Developments 11.8 ADP 11.8.1 ADP Company Information 11.8.2 ADP Outsourcing Product Offered 11.8.3 ADP Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.8.4 ADP Main Business Overview 11.8.5 ADP Latest Developments 11.9 EXL Service 11.9.1 EXL Service Company Information 11.9.2 EXL Service Outsourcing Product Offered 11.9.3 EXL Service Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.9.4 EXL Service Main Business Overview 11.9.5 EXL Service Latest Developments 11.10 Invensis 11.10.1 Invensis Company Information 11.10.2 Invensis Outsourcing Product Offered 11.10.3 Invensis Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.10.4 Invensis Main Business Overview 11.10.5 Invensis Latest Developments 11.11 SunTec India 11.11.1 SunTec India Company Information 11.11.2 SunTec India Outsourcing Product Offered 11.11.3 SunTec India Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.11.4 SunTec India Main Business Overview 11.11.5 SunTec India Latest Developments 11.12 Intetics 11.12.1 Intetics Company Information 11.12.2 Intetics Outsourcing Product Offered 11.12.3 Intetics Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.12.4 Intetics Main Business Overview 11.12.5 Intetics Latest Developments 11.13 Unity Communications 11.13.1 Unity Communications Company Information 11.13.2 Unity Communications Outsourcing Product Offered 11.13.3 Unity Communications Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.13.4 Unity Communications Main Business Overview 11.13.5 Unity Communications Latest Developments 11.14 Helpware 11.14.1 Helpware Company Information 11.14.2 Helpware Outsourcing Product Offered 11.14.3 Helpware Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.14.4 Helpware Main Business Overview 11.14.5 Helpware Latest Developments 11.15 Plaxonic Technologies 11.15.1 Plaxonic Technologies Company Information 11.15.2 Plaxonic Technologies Outsourcing Product Offered 11.15.3 Plaxonic Technologies Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.15.4 Plaxonic Technologies Main Business Overview 11.15.5 Plaxonic Technologies Latest Developments 11.16 Octopus Tech 11.16.1 Octopus Tech Company Information 11.16.2 Octopus Tech Outsourcing Product Offered 11.16.3 Octopus Tech Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.16.4 Octopus Tech Main Business Overview 11.16.5 Octopus Tech Latest Developments 11.17 HCL Technologies 11.17.1 HCL Technologies Company Information 11.17.2 HCL Technologies Outsourcing Product Offered 11.17.3 HCL Technologies Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.17.4 HCL Technologies Main Business Overview 11.17.5 HCL Technologies Latest Developments 11.18 TCS 11.18.1 TCS Company Information 11.18.2 TCS Outsourcing Product Offered 11.18.3 TCS Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.18.4 TCS Main Business Overview 11.18.5 TCS Latest Developments 11.19 Sciencesoft 11.19.1 Sciencesoft Company Information 11.19.2 Sciencesoft Outsourcing Product Offered 11.19.3 Sciencesoft Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.19.4 Sciencesoft Main Business Overview 11.19.5 Sciencesoft Latest Developments 11.20 Infosys Technologies 11.20.1 Infosys Technologies Company Information 11.20.2 Infosys Technologies Outsourcing Product Offered 11.20.3 Infosys Technologies Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.20.4 Infosys Technologies Main Business Overview 11.20.5 Infosys Technologies Latest Developments 11.21 Capgemini 11.21.1 Capgemini Company Information 11.21.2 Capgemini Outsourcing Product Offered 11.21.3 Capgemini Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.21.4 Capgemini Main Business Overview 11.21.5 Capgemini Latest Developments 11.22 ISS 11.22.1 ISS Company Information 11.22.2 ISS Outsourcing Product Offered 11.22.3 ISS Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.22.4 ISS Main Business Overview 11.22.5 ISS Latest Developments 11.23 CSC—Computer Sciences Corporation 11.23.1 CSC—Computer Sciences Corporation Company Information 11.23.2 CSC—Computer Sciences Corporation Outsourcing Product Offered 11.23.3 CSC—Computer Sciences Corporation Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.23.4 CSC—Computer Sciences Corporation Main Business Overview 11.23.5 CSC—Computer Sciences Corporation Latest Developments 11.24 Sodexo 11.24.1 Sodexo Company Information 11.24.2 Sodexo Outsourcing Product Offered 11.24.3 Sodexo Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.24.4 Sodexo Main Business Overview 11.24.5 Sodexo Latest Developments 11.25 Colliers International 11.25.1 Colliers International Company Information 11.25.2 Colliers International Outsourcing Product Offered 11.25.3 Colliers International Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.25.4 Colliers International Main Business Overview 11.25.5 Colliers International Latest Developments 11.26 ACS—Affiliated Computer Services 11.26.1 ACS—Affiliated Computer Services Company Information 11.26.2 ACS—Affiliated Computer Services Outsourcing Product Offered 11.26.3 ACS—Affiliated Computer Services Outsourcing Revenue, Gross Margin and Market Share (2018-2023) 11.26.4 ACS—Affiliated Computer Services Main Business Overview 11.26.5 ACS—Affiliated Computer Services Latest Developments 12 Research Findings and Conclusion