Administration Outsourcing - Italy

  • Italy
  • Revenue in the Administration Outsourcing market is projected to reach US$1.32bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.13%, resulting in a market volume of US$1.54bn by 2029.
  • The average Spend per Employee in the Administration Outsourcing market is projected to reach US$50.85 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$27,290.00m in 2024).

Key regions: China, United States, Germany, India, Japan

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Administration Outsourcing market in Italy has experienced significant growth in recent years.

Customer preferences:
Italian companies are increasingly outsourcing administrative tasks to third-party providers in order to reduce costs and improve efficiency. This trend is particularly prevalent among small and medium-sized enterprises (SMEs), which often lack the resources to handle administrative tasks in-house. Many Italian companies are also looking to outsource administrative tasks to providers with specialized expertise in areas such as payroll, accounting, and legal compliance.

Trends in the market:
One of the key trends in the Italian Administration Outsourcing market is the increasing use of cloud-based solutions. This allows companies to access administrative services from anywhere, at any time, and often at a lower cost than traditional outsourcing models. Another trend is the growing demand for integrated solutions that cover multiple administrative functions, such as finance, HR, and procurement. This allows companies to streamline their administrative processes and reduce the need for multiple outsourcing providers.

Local special circumstances:
Italy has a large number of SMEs, which make up the majority of the country's businesses. These companies often face significant administrative burdens, which can be a major barrier to growth. Outsourcing administrative tasks can help SMEs to focus on core business activities and improve their competitiveness. However, there are also cultural barriers to outsourcing in Italy, with many companies preferring to keep administrative tasks in-house.

Underlying macroeconomic factors:
The Italian economy has been growing slowly in recent years, and many companies are looking for ways to reduce costs and improve efficiency. This has led to increased demand for outsourcing services, including in the administrative sector. In addition, Italy has a highly skilled workforce, which makes it an attractive location for outsourcing providers. However, the country also faces challenges such as high levels of bureaucracy and a complex regulatory environment, which can make it difficult for outsourcing providers to operate effectively.

Methodology

Data coverage:

The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)