10 key outsourcing statistics you need to know

According to Gartner, 60% of companies plan to increase their spending on outsourcing services by 2024.Growing business interest in outsourcing proves it can create added value. Discover 10 statistics that demonstrate the ROI of outsourcing.

1. Global outsourcing market expected to reach $525 billion by 2030

According to a study by Grand View Research, the outsourcing market will grow by 9.4% per year between 2023 and 2030, to reach $525 billion. A meteoric rise which reflects the strategic importance of outsourcing for companies.

2. 92% of G2000 companies use IT outsourcing

According to a Deloitte survey, almost all major global groups outsource all or part of their IT. IT outsourcing has become essential for successful digital transformation.

3. 59% of companies outsource in order to concentrate on their core activities.

A Clutch study reveals that nearly 6 out of 10 companies choose outsourcing to refocus their resources on their highest value-added activities. An effective way to optimize your business model.

4. 83% of SMEs use outsourcing services

According to an analysis by Intuit, small and medium-sized businesses are the most keen on outsourcing. They see it as a key lever to gain competitiveness against large groups.

5. IT outsourcing represents 72% of the total value of outsourcing contracts worldwide

According to a Statista study, IT services account for almost three quarters of the global outsourcing market. An ultra-dominant sector, driven by the growing digitalization of businesses.

6. The United States outsources about 300,000 jobs each year

Despite the controversies, American companies remain the largest consumers of outsourcing, with 300,000 jobs outsourced each year according to a Global Research study. A figure that does not weaken.

7. India captures 80% of outsourcing services in the world

Thanks to a skilled and cheap workforce, India largely dominates the outsourcing market. According to NASSCOM, the country concentrates 80% of global outsourcing services.

8. In the Philippines, outsourcing contributes 9% to the country’s GDP

According to an analysis by the World Bank, the outsourcing sector has become a real engine of growth for the Philippine economy. It accounts for 9% of the national GDP, a major contribution.

9. 83% of companies reduced their costs thanks to outsourcing

A Deloitte study shows that the vast majority of companies that outsource (83%) have managed to reduce their costs. Proof that outsourcing keeps its promises in terms of savings.

10. 70% of companies have improved their development capabilities through outsourcing

Finally, according to a PwC survey, 7 out of 10 companies believe that outsourcing has allowed them to increase their skills more quickly. Beyond the savings, it is also a fantastic accelerator of development.

Conclusion

At a time when companies are under more pressure than ever to optimize their costs and accelerate their digital transformation, outsourcing offers concrete and sustainable answers. By leveraging the expertise and innovation capabilities of their external partners, they can focus on differentiating themselves and building the foundations for future success.

Sources :

1. 50 Key Outsourcing Statistics & Trends [2024]: The Ultimate List

2. Outsourcing Statistics 2024 — 50 Key Figures

3. 47 New Outsourcing Statistics (2024-2027)

4. Outsourcing Statistics 2024: A Detailed Overview by Invedus

5. 50 Interesting Outsourcing Statistics [Updated for 2024]

6. Outsourcing Statistics 2024: In the US and Globally | TeamStage

7. 15 Outsourcing Statistics in the U.S. & Globally for 2024

8. 10 Outsourcing Predictions for 2024

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