Global Outsourcing Services Market Size & Outlook, 2025-2030
Global outsourcing services market, 2018-2030 (US$M)
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Global outsourcing services market highlights
- The global outsourcing services market generated a revenue of USD 3,800,569.4 million in 2024 and is expected to reach USD 7,111,049.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 11.3% by 2030.
- In terms of segment, engineering services outsourcing accounted for a revenue of USD 3,264,451.6 million in 2024.
- Engineering Services Outsourcing is the most lucrative service type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 3,800,569.4 million |
| Market revenue in 2030 | USD 7,111,049.1 million |
| Growth rate | 11.3% (CAGR from 2025 to 2030) |
| Largest segment | Engineering services outsourcing |
| Fastest growing segment | Engineering Services Outsourcing |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | IT Outsourcing, Business Process Outsourcing, Knowledge Process Outsourcing, Engineering Services Outsourcing |
Other key industry trends
- In terms of revenue, the North America accounted for 27.1% of the global outsourcing services market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 925,588.4 million by 2030.
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Outsourcing Services Market Scope
Outsourcing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Innovify | View profile | 251-500 | London, England, United Kingdom, Europe | http://www.innovify.com |
| Cognizant Technology Solutions Corporation | View profile | - | - | - |
| Tata Consultancy Services Limited | View profile | - | - | - |
| Infosys Limited | View profile | - | - | - |
| Persistent Systems, LLC | View profile | 51-100 | New York, New York, United States, North America | https://www.persistentsystems.com/ |
| Tech Mahindra | View profile | 10001+ | Pune, Maharashtra, India, Asia | https://www.techmahindra.com/ |
| Capgemini SE | View profile | 340400 | 11 rue de Tilsitt, Paris, France, 75017 | https://www.capgemini.com |
| HCL Technologies | View profile | 10001+ | Noida, Uttar Pradesh, India, Asia | http://www.hcltech.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 |
Global outsourcing services 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 outsourcing services market will help companies and investors design strategic landscapes.
Engineering services outsourcing was the largest segment with a revenue share of 85.89% in 2024. Horizon Databook has segmented the Global outsourcing services market based on it outsourcing, business process outsourcing, knowledge process outsourcing, engineering services outsourcing covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Outsourcing Services Service Type Outlook (Revenue, USD Million, 2018-2030)
- IT Outsourcing
- Business Process Outsourcing
- Knowledge Process Outsourcing
- Engineering Services Outsourcing
- Global Outsourcing Services Deployment Type Outlook (Revenue, USD Million, 2018-2030)
- Onshore Outsourcing
- Nearshore Outsourcing
- Offshore Outsourcing
- Global Outsourcing Services Industry Vertical Outlook (Revenue, USD Million, 2018-2030)
- BFSI (Banking, Financial Services & Insurance)
- Healthcare & Life Sciences
- IT & Telecommunications
- Retail & E-commerce
- Manufacturing
- Transportation & Logistics
- Government & Public Sector
- Others (Media & Entertainment, Energy & Utilities)
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Target buyers of Global outsourcing services market databook
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Our clientele includes a mix of outsourcing services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global outsourcing services market , including forecasts for subscribers. This global databook contains high-level insights into Global outsourcing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global outsourcing services market size, by regions, 2018-2030 (US$M)
Top 10 countries: Outsourcing services market size, 2024 (US$M)
Global outsourcing services market share, by service type, 2024 & 2030 (%, US$M)
Outsourcing services market: Opportunity assessment by country
Global outsourcing services market, by region, 2024 (US$M)
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