Overall, businesses spent over $700 billion on outsourcing in 2022.
Business process outsourcing spending was forecast at $212 billion in 2023
The global business process outsourcing market is expected to reach $525 billion by 2030
92% of G2000 companies use IT outsourcing
83% of IT leaders are considering outsourcing their security efforts
3 in 5 organizations turn to outsourcing for app development
Over one-third of small businesses in 2019 outsourced a portion of their business processes.
Over half (52%) said they plan on outsourcing at least one business process in the foreseeable future.
37% of small businesses outsource both accounting and IT services.
Nearly one-quarter of small businesses say they outsource to increase efficiency
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No need for office space, utilities, or physical infrastructure
Savings on office supplies, equipment, and maintenance
Hire skilled professionals from anywhere in the world
Find specialized skills that might be scarce locally
Attract top talent by offering remote work options.
Remote workers often demonstrate increased focus and efficiency.
Quickly adjust workforce size based on business needs.
Operate without limitations of physical location.
Attract top talent by offering remote work options
Remote workers often demonstrate increased focus and efficiency
Quickly adjust workforce size based on business needs
Operate without limitations of physical location