Outsourcing a global industry worth $400 billion in 2006

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Outsourcing a global industry worth $400 billion in 2006

Outsourcing has achieved approximately $400 billion as a global industry in 2006, with the major chunk of revenue created in the logistics, sourcing and distribution services sector, according to Plunkett Research. Global 2000 companies have been the largest beneficiaries of BPO, owing to their ability to leverage large scale deals that produce the best economies of scale. The study also points out that the impact of Business Process Outsourcing (BPO) on global business over the past two decades has been quite impressive.

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