Global Insurance Business Process Outsourcing (BPO) Market Research Report 2022

Market Analysis and Insights: Global Insurance Business Process Outsourcing (BPO) Market
Insurance business process outsourcing is a sub-division of the banking, financial services and insurance (BFSI) business process outsourcing business.BPO service providers support some of the world's leading financial institutions and custodians.Insurance business process outsourcing (BPO) is part of outsourcing, which involves subcontracting the organization's business processes to third-party suppliers with expertise in the insurance field.
The global Insurance Business Process Outsourcing (BPO) market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Development accounting for % of the Insurance Business Process Outsourcing (BPO) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While BFSI segment is altered to an % CAGR throughout this forecast period.
China Insurance Business Process Outsourcing (BPO) market size is valued at US$ million in 2021, while the North America and Europe Insurance Business Process Outsourcing (BPO) are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Insurance Business Process Outsourcing (BPO) landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Insurance Business Process Outsourcing (BPO) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Insurance Business Process Outsourcing (BPO) market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Insurance Business Process Outsourcing (BPO) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Insurance Business Process Outsourcing (BPO) market.
Global Insurance Business Process Outsourcing (BPO) Scope and Market Size
Insurance Business Process Outsourcing (BPO) market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Insurance Business Process Outsourcing (BPO) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
By Operation
Development
Marketing
Administration
Asset Management
Claims Management
By Insurance
Property and Casualty
Life and Pension
Segment by Application
BFSI
Manufacturing
Healthcare
Retail
Telecom
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Genpact
EXL Services Holdings
Cognizant
Xchanging (DXC Technology)
Dell
TCS
Sutherland Global Services
WNS Holdings
Accenture
Tech Mahindra
Xerox
MphasiS
Capita
Serco Group
Computer Sciences
HCL
IGate
Infosys
Syntel
Exlservice Holdings
Invensis
Wipro