South Korea Finance And Accounting Business Process Outsourcing Market Size & Outlook
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South Korea finance and accounting business process outsourcing market highlights
- The South Korea finance and accounting business process outsourcing market generated a revenue of USD 705.7 million in 2024 and is expected to reach USD 1,220.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9.6% from 2025 to 2030.
- In terms of segment, order-to-cash was the largest revenue generating service in 2024.
- Source-to-Pay is the most lucrative service segment registering the fastest growth during the forecast period.
Finance and accounting business process outsourcing market data book summary
Market revenue in 2024 | USD 705.7 million |
Market revenue in 2030 | USD 1,220.0 million |
Growth rate | 9.6% (CAGR from 2025 to 2030) |
Largest segment | Order-to-cash |
Fastest growing segment | Source-to-Pay |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Order-to-Cash, Procure-to-Pay, Record-to-Report, Source-to-Pay, Multi Processed |
Key market players worldwide | Accenture PLC Class A, Capgemini SE, CK Hutchison Holdings Ltd, Cognizant Technology Solutions Corp Class A, Fiserv Inc, Genpact Ltd, HCL Technologies, Infosys Ltd ADR, International Business Machines Corp, Schneider Electric SE, Tata Consultancy Services, Teleperformance SE, Wipro Ltd ADR |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.1% of the global finance and accounting business process outsourcing market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India finance and accounting business process outsourcing market is projected to lead the regional market in terms of revenue in 2030.
- Indonesia is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,126.5 million by 2030.
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Finance And Accounting Business Process Outsourcing Market Scope
Finance And Accounting Business Process Outsourcing Market Companies
Name | Profile | # Employees | HQ | Website |
---|---|---|---|---|
CK Hutchison Holdings Ltd | View profile | 300000 | 2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, Hong Kong | https://www.ckh.com.hk |
Tata Consultancy Services | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.tcs.com |
Fiserv Inc | View profile | 42000 | 255 Fiserv Drive, Brookfield, WI, United States, 53045 | https://www.fiserv.com |
Capgemini SE | View profile | 340400 | 11 rue de Tilsitt, Paris, France, 75017 | https://www.capgemini.com |
Teleperformance SE | View profile | 490441 | 21-25, Rue Balzac, Paris, France, 75008 | https://www.teleperformance.com |
Infosys Ltd ADR | View profile | 322663 | 44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, India, 560 100 | https://www.infosys.com |
Genpact Ltd | View profile | 131000 | 22 Victoria Street, Canon's Court, Hamilton, Bermuda, HM 12 | https://www.genpact.com |
HCL Technologies | View profile | 10001+ | Noida, Uttar Pradesh, India, Asia | http://www.hcltech.com |
Cognizant Technology Solutions Corp Class A | View profile | 344400 | 300 Frank West Burr Boulevard, Suite 36, 6th Floor, Teaneck, NJ, United States, 07666 | https://www.cognizant.com |
Accenture PLC Class A | View profile | 742000 | 1 Grand Canal Square, Grand Canal Harbour, Dublin, Ireland, 2 | https://www.accenture.com |
Wipro Ltd ADR | View profile | 244707 | Sarjapur Road, Doddakannelli, Bangalore, KA, India, 560 035 | https://www.wipro.com |
International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
South Korea finance and accounting business process outsourcing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to finance and accounting business process outsourcing market will help companies and investors design strategic landscapes.
Order-to-cash was the largest segment with a revenue share of 50.47% in 2024. Horizon Databook has segmented the South Korea finance and accounting business process outsourcing market based on order-to-cash, procure-to-pay, record-to-report, source-to-pay, multi processed covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of finance and accounting business process outsourcing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea finance and accounting business process outsourcing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea finance and accounting business process outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea finance and accounting business process outsourcing market size, by enterprise size, 2018-2030 (US$M)
South Korea Finance And Accounting Business Process Outsourcing Market Outlook Share, 2024 & 2030 (US$M)
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