Emerging Growth Opportunities in the European Customer Experience Outsourcing Services Industry
Growing customer demand for business resiliency will increase adoption of outsourcing services
Research Overview
The Customer Experience Outsourcing Services has undergone a significant shift in the last few years across the world and the European market is no different. The market in Europe is characterized by demand for specific languages, smaller markets, differences that may be unique to certain countries, and increasing demand for nearshoring, among others.
This excel report provides an overview of the customer experience outsourcing services market in Europe. The market size over the last few years has been growing continuously. However, during the making of this report, global pandemic COVID-19 affected businesses across the world. AS a result the year 2020 is an outlier where Frost & Sullivan expects a sharp decline in market growth. Assuming that the trends will start reversing in 2021, the growth will slowly start to get back on track.
Different industries are likely to fare differently in the coming years, and this will be reflected in revenue generated by verticals. While some verticals are expected to register a sharp decline in the coming years, others will see a growth. This will also be partly affected by the ongoing pandemic.
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