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Europe Digital Transformation in BPO Market Size, Share & Trends Analysis Report By Deployment Mode, By Technology, By Enterprise Size (Large Enterprises, Medium Enterprises, and Small Enterprises), By Industry Vertical, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 170 Pages
  • October 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6020464
The Europe Digital Transformation in BPO Market is expected to witness market growth of 19.3% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Digital Transformation in BPO Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $17.92 billion by 2031. The UK market is exhibiting a CAGR of 18.3% during 2024-2031. Additionally, the France market would experience a CAGR of 20.3% during 2024-2031.



Beyond simple task automation, BPOs are adopting dynamic workflow automation solutions that adapt to changing business rules and conditions. These systems allow for greater flexibility and efficiency, as workflows can be modified in real-time based on client demands or market conditions. BPO providers are deploying AI-driven virtual assistants to streamline internal operations. These assistants can handle scheduling, manage project tasks, and provide real-time data access for teams, enhancing productivity and freeing up human resources for more strategic activities.

BPO firms use sentiment analysis tools to gauge customer satisfaction and sentiment from various feedback sources, including surveys and social media. This capability allows organizations to react quickly to customer sentiments and improve service quality based on direct feedback. The adoption of digital transformation strategies in the BPO sector has seen rapid growth in recent years. BPO providers are adopting digital technologies that enable personalized service delivery.

The burgeoning Information and Communication Technology (ICT) industry in Europe is significantly impacting the growth of this market. According to Eurostat, the EU’s ICT sector added value represented 5.5% of the GDP in 2021, highlighting the sector’s critical role in the European economy. The accelerating growth of the e-commerce industry in France is significantly influencing the digital transformation in BPO market. As per the International Trade Administration (ITA), over 80% of internet users in France, equating to approximately 41.8 million people, made online purchases in 2021. This remarkable penetration of e-commerce reflects a broader shift in consumer behaviour, as online buyers shop more frequently - around 50 times a year - and exhibit a robust spending pattern, averaging about $73 (€62) per transaction. Thus, the rising ICT industry and expansion of the region’s e-commerce sector are driving the market’s growth.

List of Key Companies Profiled

  • Accenture PLC
  • Tata Consultancy Services Ltd.
  • Cognizant Technology Solutions Corporation
  • Infosys Limited
  • IBM Corporation
  • Wipro Limited
  • HCL Technologies Ltd.
  • Capgemini SE
  • Genpact Limited
  • Teleperformance SE

Market Report Segmentation

By Deployment Mode
  • Cloud
  • On-premises
By Technology
  • Robotic Process Automation (RPA)
  • Cloud Computing
  • Artificial Intelligence (AI) & Machine Learning (ML)
  • Data Analytics & Big Data
  • Cybersecurity Solutions & Others
By Enterprise Size
  • Large Enterprises
  • Medium Enterprises
  • Small Enterprises
By Industry Vertical
  • BFSI
  • IT & Telecommunications
  • Healthcare & Life Sciences
  • Manufacturing
  • Retail & E-commerce
  • Energy & Utilities
  • Other Industry Vertical
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Digital Transformation in BPO Market, by Deployment Mode
1.4.2 Europe Digital Transformation in BPO Market, by Technology
1.4.3 Europe Digital Transformation in BPO Market, by Enterprise Size
1.4.4 Europe Digital Transformation in BPO Market, by Industry Vertical
1.4.5 Europe Digital Transformation in BPO Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Jul - 2024, Jul) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Europe Digital Transformation in BPO Market by Deployment Mode
5.1 Europe Cloud Market by Country
5.2 Europe On-premises Market by Country
Chapter 6. Europe Digital Transformation in BPO Market by Technology
6.1 Europe Robotic Process Automation (RPA) Market by Country
6.2 Europe Cloud Computing Market by Country
6.3 Europe Artificial Intelligence (AI) & Machine Learning (ML) Market by Country
6.4 Europe Data Analytics & Big Data Market by Country
6.5 Europe Cybersecurity Solutions & Others Market by Country
Chapter 7. Europe Digital Transformation in BPO Market by Enterprise Size
7.1 Europe Large Enterprises Market by Country
7.2 Europe Medium Enterprises Market by Country
7.3 Europe Small Enterprises Market by Country
Chapter 8. Europe Digital Transformation in BPO Market by Industry Vertical
8.1 Europe BFSI Market by Country
8.2 Europe IT & Telecommunications Market by Country
8.3 Europe Healthcare & Life Sciences Market by Country
8.4 Europe Manufacturing Market by Country
8.5 Europe Retail & E-commerce Market by Country
8.6 Europe Energy & Utilities Market by Country
8.7 Europe Other Industry Vertical Market by Country
Chapter 9. Europe Digital Transformation in BPO Market by Country
9.1 Germany Digital Transformation in BPO Market
9.1.1 Germany Digital Transformation in BPO Market by Deployment Mode
9.1.2 Germany Digital Transformation in BPO Market by Technology
9.1.3 Germany Digital Transformation in BPO Market by Enterprise Size
9.1.4 Germany Digital Transformation in BPO Market by Industry Vertical
9.2 UK Digital Transformation in BPO Market
9.2.1 UK Digital Transformation in BPO Market by Deployment Mode
9.2.2 UK Digital Transformation in BPO Market by Technology
9.2.3 UK Digital Transformation in BPO Market by Enterprise Size
9.2.4 UK Digital Transformation in BPO Market by Industry Vertical
9.3 France Digital Transformation in BPO Market
9.3.1 France Digital Transformation in BPO Market by Deployment Mode
9.3.2 France Digital Transformation in BPO Market by Technology
9.3.3 France Digital Transformation in BPO Market by Enterprise Size
9.3.4 France Digital Transformation in BPO Market by Industry Vertical
9.4 Russia Digital Transformation in BPO Market
9.4.1 Russia Digital Transformation in BPO Market by Deployment Mode
9.4.2 Russia Digital Transformation in BPO Market by Technology
9.4.3 Russia Digital Transformation in BPO Market by Enterprise Size
9.4.4 Russia Digital Transformation in BPO Market by Industry Vertical
9.5 Spain Digital Transformation in BPO Market
9.5.1 Spain Digital Transformation in BPO Market by Deployment Mode
9.5.2 Spain Digital Transformation in BPO Market by Technology
9.5.3 Spain Digital Transformation in BPO Market by Enterprise Size
9.5.4 Spain Digital Transformation in BPO Market by Industry Vertical
9.6 Italy Digital Transformation in BPO Market
9.6.1 Italy Digital Transformation in BPO Market by Deployment Mode
9.6.2 Italy Digital Transformation in BPO Market by Technology
9.6.3 Italy Digital Transformation in BPO Market by Enterprise Size
9.6.4 Italy Digital Transformation in BPO Market by Industry Vertical
9.7 Rest of Europe Digital Transformation in BPO Market
9.7.1 Rest of Europe Digital Transformation in BPO Market by Deployment Mode
9.7.2 Rest of Europe Digital Transformation in BPO Market by Technology
9.7.3 Rest of Europe Digital Transformation in BPO Market by Enterprise Size
9.7.4 Rest of Europe Digital Transformation in BPO Market by Industry Vertical
Chapter 10. Company Profiles
10.1 Tata Consultancy Services Ltd.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.6 SWOT Analysis
10.2 Infosys Limited
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 Wipro Limited
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.6 SWOT Analysis
10.4 Genpact Limited
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental Analysis
10.4.4 Recent strategies and developments:
10.4.4.1 Partnerships, Collaborations, and Agreements:
10.5 Capgemini SE
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Recent strategies and developments:
10.5.4.1 Partnerships, Collaborations & Agreements:
10.5.4.2 Acquisition and Mergers:
10.5.5 SWOT Analysis
10.6 HCL Technologies Ltd. (HCL Enterprises)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Product Launches and Product Expansions:
10.6.6 SWOT Analysis
10.7 IBM Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional & Segmental Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.6 SWOT Analysis
10.8 Accenture PLC
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations & Agreements:
10.8.5.2 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 Cognizant Technology Solutions Corporation
10.9.1 Company overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Recent strategies and developments:
10.9.4.1 Partnerships, Collaborations, and Agreements:
10.9.5 SWOT Analysis
10.10. Teleperformance SE
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental Analysis
10.10.4 Recent strategies and developments:
10.10.4.1 Partnerships, Collaborations, and Agreements:
10.10.5 SWOT Analysis

Companies Mentioned

Some of the key companies profiled in this Europe Digital Transformation in BPO Market include:
  • Accenture PLC
  • Tata Consultancy Services Ltd.
  • Cognizant Technology Solutions Corporation
  • Infosys Limited
  • IBM Corporation
  • Wipro Limited
  • HCL Technologies Ltd.
  • Capgemini SE
  • Genpact Limited
  • Teleperformance SE

Methodology

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