Albania: BPO Industry Profile slide image

Albania: BPO Industry Profile

How large is the Global Outsourcing (IT-BPO) Market Size? 3 Global IT-BPO Spend (USD Bn) 3491 3576 1375 1400 3666 1440 3795 1498 1075 951 979 1008 636 635 652 650 370 395 385 386 159 167 181 186 2012 IT Services ER&D 2013 2014 2015 Packaged Software BPO Hardware -Total IT Spend • • • • Global IT-BPO market recorded steady growth in 2015, with worldwide spend of USD 3.8 trillion and the growth over 2014 was pegged at 4% The largest spend was on Engineering R&D followed by hardware that formed 40% and 26% of the entire global spend Americas remained the largest market 61%, while APAC recorded highest growth of almost 100%, driven by fast growth in bundled IT-BPO services A combination of traditionally high spending verticals such as insurance and government along with emerging verticals such as automotive and retail were key growth drivers for the IT-BPM segment during 2015 AVA SANT
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