Europe Outsourcing Services Market Size & Outlook
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Europe outsourcing services market highlights
- The Europe outsourcing services market generated a revenue of USD 881,732.1 million in 2024.
- The market is expected to grow at a CAGR of 10% from 2025 to 2030.
- In terms of segment, engineering services outsourcing was the largest revenue generating service type in 2024.
- Engineering Services Outsourcing is the most lucrative service type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 881,732.1 million |
| Market revenue in 2030 | USD 1,543,097.7 million |
| Growth rate | 10% (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, Europe region accounted for 23.2% of the global outsourcing services market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,064,862.2 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 |
Europe 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 84.97% in 2024. Horizon Databook has segmented the Europe 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.
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Our clientele includes a mix of outsourcing services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe outsourcing services market , including forecasts for subscribers. This continent databook contains high-level insights into Europe outsourcing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe outsourcing services market size, by country, 2018-2030 (US$M)
Europe Outsourcing Services Market Outlook Share, 2024 & 2030 (US$M)
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