This statistic shows the global market size of outsourced services from 2000 to 2019. In 2019, the global outsourcing market amounted to 92.5 billion U.S. dollars.
The global outsourcing market - additional information
The revenue of the global outsourced services industry has been unsteady over the last few years. In 2016, the industry market size dropped to 76.9 billion U.S. dollars, the lowest figure seen in a decade. The largest share of revenue for this industry came from the Americas, followed by Europe, the Middle East and Africa. A much smaller share of global revenue came from the Asia Pacific region.
Outsourcing involves the contracting out of business processes to third parties, usually in order for the business to avoid certain costs, such as taxes. In 2019, business process outsourcing contributed a much smaller proportion of the industry’s global revenue than information technology outsourcing, generating 26 billion and 66.5 billion U.S. dollars respectively.
Values up to 2018 were taken from previous editions.
Annualized revenue is based on active industry-wide contracts with a total contract value over 25 million U.S. dollars.
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Information Services Group. (January 14, 2020). Global market size of outsourced services from 2000 to 2019 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 21, 2024, from https://www.statista.com/statistics/189788/global-outsourcing-market-size/?_hsenc=p2ANqtz-_2HjSK19Qq3DLCxrSHF_cAdAYKsPqcB4YgExGsUSLuYGR0ipFceYo_NuH6jL120VMt2CXV&utm_campaign=Newsletter&utm_medium=email&utm_source=hs_email
Information Services Group. "Global market size of outsourced services from 2000 to 2019 (in billion U.S. dollars)." Chart. January 14, 2020. Statista. Accessed September 21, 2024. https://www.statista.com/statistics/189788/global-outsourcing-market-size/?_hsenc=p2ANqtz-_2HjSK19Qq3DLCxrSHF_cAdAYKsPqcB4YgExGsUSLuYGR0ipFceYo_NuH6jL120VMt2CXV&utm_campaign=Newsletter&utm_medium=email&utm_source=hs_email
Information Services Group. (2020). Global market size of outsourced services from 2000 to 2019 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 21, 2024. https://www.statista.com/statistics/189788/global-outsourcing-market-size/?_hsenc=p2ANqtz-_2HjSK19Qq3DLCxrSHF_cAdAYKsPqcB4YgExGsUSLuYGR0ipFceYo_NuH6jL120VMt2CXV&utm_campaign=Newsletter&utm_medium=email&utm_source=hs_email
Information Services Group. "Global Market Size of Outsourced Services from 2000 to 2019 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Jan 2020, https://www.statista.com/statistics/189788/global-outsourcing-market-size/?_hsenc=p2ANqtz-_2HjSK19Qq3DLCxrSHF_cAdAYKsPqcB4YgExGsUSLuYGR0ipFceYo_NuH6jL120VMt2CXV&utm_campaign=Newsletter&utm_medium=email&utm_source=hs_email
Information Services Group, Global market size of outsourced services from 2000 to 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/189788/global-outsourcing-market-size/?_hsenc=p2ANqtz-_2HjSK19Qq3DLCxrSHF_cAdAYKsPqcB4YgExGsUSLuYGR0ipFceYo_NuH6jL120VMt2CXV&utm_campaign=Newsletter&utm_medium=email&utm_source=hs_email (last visited September 21, 2024)
Global market size of outsourced services from 2000 to 2019 (in billion U.S. dollars) [Graph], Information Services Group, January 14, 2020. [Online]. Available: https://www.statista.com/statistics/189788/global-outsourcing-market-size/?_hsenc=p2ANqtz-_2HjSK19Qq3DLCxrSHF_cAdAYKsPqcB4YgExGsUSLuYGR0ipFceYo_NuH6jL120VMt2CXV&utm_campaign=Newsletter&utm_medium=email&utm_source=hs_email